NOT LISTED FOR SALE

Estimated Value: $6,385,000 - $7,467,000

5 Beds
8 Baths
6,442 Sq Ft
$1,040/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $6,500,000 $1,009 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $41,097/month

357 Days on Market

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • In Ground Pool
  • Lake View

About This Home

As of July 2023

A truly one-of-kind opportunity, this impressive 5 Bed/5 Bath/3 Half Bath WaterColor estate nestled along the peaceful shores of Western Lake offers a luxurious lifestyle not easily attained in the 30A area with every desirable feature imaginable including a lake front infinity edge swimming pool with outdoor living area, a high-tech theater room with wet bar, an elevator, recently updated furniture & finishes, and a two-car garage. Designed by Savoie Architects, the elegant, contemporary styling of this residence sets it apart from other community properties. A welcoming covered front porch is highlighted by a stunning 11' mahogany front door with custom beveled glass. The gracious foyer leads to an open concept living and dining area with gorgeous Brazilian walnut floors and walnut wine display and ceiling accents including
a built-in entertainment center. A travertine marble hearth complements the linear Napoleon gas fireplace creating a cozy atmosphere for gathering with a wall of natural light from the Merbeu wood folding door system across the rear of the home overlooking the picturesque lake front pool area.


Designed by German manufacturer Poggenpohl, the kitchen stuns with floor-to-ceiling cabinetry, open glass shelving, quartz countertops, a white ice tile ceiling treatment, a quartz waterfall center island with Miele glass top stove and vented hood, a custom Miele appliance package, Bosch twin dishwashers, and built-in Sub-Zero refrigerator and freezer. A contemporary glass breakfast bar seats five while an additional light-filled dining space is located off the kitchen with a contemporary glass chandelier. Custom-designed tables and chairs imported from Italy complete the dining spaces.
Open the folding door system in the living and dining area to unite the indoor and outdoor entertaining spaces gather around the waterfront patio with heated infinity pool, spa, summer kitchen, two fire bowls, outdoor tv, and ample lounge space all overlooking the tranquil coastal landscape surrounding Western Lake. Two offices, and two powder rooms are also located on the first floor.
A striking stairwell with stainless handrails and frosted glass back-lit risers dazzles with a custom 30-foot glass chandelier that effortlessly hovers above all levels. On the second level, find two covered porches, a powder room, a guest room with balcony, and the theater room. Professionally designed, the theater room features state-of-the-art lighting and projection system, a 140" sound-thru screen, two rows of recliners, and a wet bar. The master suite is also located on this level featuring wood and tile accent walls, a linear gas fireplace, tray ceiling, private balcony, and his and hers walk-in closets. The stunning ensuite offers a soaking tub, glass shower with rainfall shower head, an oversized vanity, and walnut accents.


The third level includes two guest suites and a bunk room, each with a private bathroom. Additional features of this property include a large driveway, two-car garage, state-of-the-art Control 4 system that powers home audio and video throughout the home with a touch system also compatible with Apple devices, a central vacuum system, and a Guardian Air 'Clean Air System'.

Located on 499 acres in the renowned South Walton beaches, the WaterColor community offers the charm of small-town life. Exceptional community amenities include six beautiful swimming pools, a recently renovated gulf front beach club, nature trails, a Boathouse offering kayaking, canoeing and paddle boarding, a fitness center, outstanding tennis facility, Camp WaterColor for kids with lazy river and waterslide, parks, and green spaces.

Last Listed By

Brad Dahler

Scenic Sotheby's International Realty License #3431506 Listed on: 06/10/2022

Scenic Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,748

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 103x80x64x107
  • Back Yard Fenced
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $554 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Floor Insulation
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 6,442 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-in Bookshelves
  • Woodwork
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Track Lighting
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Painted or Stained Flooring
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Hollywood Bathroom
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Built-In Barbecue

Additional Homes

  • Dwelling with Separate Living Area

Schools

  • Bay Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • High Efficiency Air Conditioning
  • Multiple cooling system units
  • Central Air
  • Multiple Water Heaters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25422-000-0260

Community Details

Overview

  • Association fees include ground keeping, security, cable TV, trash
  • Watercolor Subdivision

Amenities

  • Picnic Area
  • Elevator

Recreation

  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,748

Year Built

Built in 2012

Lot Details

0

HOA Fees

$554 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 103x80x64x107
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: Heading south of 395 turn left onto W Lake Forest Dr., turn right and continue on W Lake Forest Dr, turn right and continue on W Lake Forest Dr, turn left onto Needlerush Dr. and turn right onto Blackwater St, the home will be on your left.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2012
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Auto Garage Door Opn, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Security System, Smoke Detector, Smooth Stovetop Rnge, Washer, Wine Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Fireplace 2+, Floor Hardwood, Floor Tile, Furnished - All, Kitchen Island, Lighting Track, Washer/Dryer Hookup, Wet Bar, Window Treatment All, Woodwork Stained
  • Window Features: Double Pane Windows
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Appliances:Security System: Yes
  • Appliances:Wine Refrigerator: Yes
  • Appliances:Oven Double: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water, Wooded
  • Pool Features: Pool Type
  • View: Lake
  • Construction Type: Foundation On Piling, Roof Metal, Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Deck Open, Fenced Back Yard, Fenced Privacy, Fireplace, Hot Tub, Patio Covered, Pool - In-Ground, Separate Living Area, Sprinkler System, Summer Kitchen
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Beach, Dock, Elevators, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1662.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Security, Cable TV, Trash

Schools

  • Elementary School: Bay
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 15-3S-19-25422-000-0260
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 37747.82
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Jun 29, 2017
Sold by
Levinge Richard and Levinge Christene
Bought by
Templeton William Ryan and Templeton Ashley Goodman
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Ed Smith
RE/MAX Coastal Properties
List Price
$4,078,000
Sold Price
$4,078,000
Total Days on Market
357
Current Estimated Value
$6,702,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,624,325
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Oct 1, 2013
Closed on
Oct 29, 2013
Sold by
Whaley Randy M and Whaley Filomena N
Bought by
Levinge Richard and Levinge Christene
Seller's Agent
Andy Wiggins
The Beach Group Properties LLC
Buyer's Agent
Karen Wagner
St Joe Community Sales Inc
List Price
$4,550,000
Sold Price
$4,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.94%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Location Holdings Llc
Bought by
Whaley Randy M and Whaley Filomena N

Purchase Details

Closed on
Jun 10, 2004
Sold by
St Joe Arvida Home Building Lp
Bought by
Location Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Templeton William Ryan $4,078,000 Omega Title Llc
Levinge Richard $4,550,000 Blue Title Llc
Whaley Randy M $725,000 None Available
Location Holdings Llc $856,500 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Location Holdings Llc $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $6,500,000 -3.3% $1,009 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $6,725,000 -3.9% $1,044 / Sq Ft
02/12/2023 02/12/23 Price Changed $6,995,000 -4.8% $1,086 / Sq Ft
09/24/2022 09/24/22 Price Changed $7,350,000 -4.9% $1,141 / Sq Ft
06/10/2022 06/10/22 For Sale $7,725,000 +89.4% $1,199 / Sq Ft
06/29/2017 06/29/17 Sold $4,078,000 0.0% $633 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $4,078,000 -10.4% $633 / Sq Ft
10/29/2013 10/29/13 Sold $4,550,000 0.0% $706 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $4,550,000 -- $706 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $37,607 $5,682,261 $1,505,904 $4,176,357
2023 $37,607 $4,177,116 $0 $0
2022 $37,230 $4,055,452 $0 $0
2021 $37,748 $3,937,332 $0 $0
2020 $38,389 $3,945,943 $1,337,585 $2,608,358
2019 $37,324 $3,795,670 $0 $0
2018 $36,769 $3,724,897 $0 $0
2017 $36,165 $3,648,826 $1,224,080 $2,424,746
2016 $35,752 $3,572,855 $0 $0
2015 $34,727 $3,416,366 $0 $0
2014 $34,188 $3,316,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Emerald Coast Association of REALTORS®

MLS Number: 900888

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25422-000-0260