$6,350,000

Estimated payment $38,991/month

Total Views 4,663
5 Beds
7 Baths
5,297 Sq Ft
$1,199 Price per Sq Ft

Highlights

  • Boat Dock
  • Beach
  • Fishing
  • Bay Elementary School Rated A-
  • Deeded access to the beach
  • Home fronts a pond

About This Home

Welcome to 337 Western Lake Drive, where timeless design meets relaxed coastal living. Located in WaterColor's prestigious Park District, this exceptional home built by Gulfview Construction and designed by A Classical Studio is perfectly positioned on one of the largest homesites in the community, offering views of the Gulf, Western Lake, and the serene Point Washington State Forest. With protected land surrounding the property, these captivating vistas are yours to enjoy for a lifetime. Tucked in a peaceful and private setting, the home is just steps from scenic walking and biking trails and offers effortless access to Western Lake, ideal for kayaking, paddleboarding, or a quiet day of fishing. Lush landscaping and a welcoming front porch with gas lanterns create a warm first impression, setting the tone for the inviting spaces within.Inside, the entryway opens to bright, airy interiors with beautiful hardwood floors and elevator access to all levels. A thoughtfully designed mudroom just off the foyer is equipped with refrigerator drawers, an icemaker, washer/dryer, a half bath, and a beach-day-ready rinse-off shower.The home offers multiple indoor living spaces including a cozy family room, a bonus/office/game room, and two guest suites, each with its own private bath. Four wood-burning fireplaces, three outdoors, create a cozy ambiance throughout. Outdoor living is seamlessly integrated with expansive porches on both the front and back of the home, a screened-in lounge with a swinging bed and fireplace on the first floor, and an open-air retreat on the third.Upstairs, the second floor living area showcases thoughtful craftsmanship with custom trim, a stunning coquina shell fireplace, and statement lighting. French doors with hidden pocket screens open to a spacious covered balcony with another coquina shell fireplace and a summer kitchen, perfect for entertaining with water views. The gourmet kitchen is equipped for any culinary occasion with marble countertops, a Wolf gas range and dual ovens, wine fridge, built-in espresso machine, and a seafoam green tile backsplash inspired by the Gulf. A second-level office with custom built-ins and a guest primary suite with private balcony complete the floor.The third floor is home to the luxe primary retreat, a private sanctuary with accordion sliding doors that lead to a balcony overlooking Western Lake and glimpses of the Gulf beyond. The spa-like bathroom features dual vanities, detailed tiling, a walk-in steam shower, and a deep soaking tub. His-and-her closets, a reading nook with built-ins, and an additional storage area round out this serene top-floor space.Completing the property is a charming carriage house above a two-car garage, finished in soft blue and white hues reminiscent of Nantucket. It includes a Juliet balcony, full bath, washer/dryer, mini kitchen, and more making this ideal for guests or extra space. With room to add a private pool and outdoor living spaces that are second to none, 337 Western Lake Drive delivers a rare blend of sophistication, comfort, and laid-back elegance in one of 30A's most sought-after locations.

Listing Agent

Marianne Grant Blake Cooper Group

Christies International Real Estate Emerald Coast

Christies International Real Estate Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,224

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 72x100x94x100
  • Home fronts a pond
  • Property fronts a private road
  • Interior Lot
  • Cleared Lot

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Gulf
  • Lake
  • Pond

Home Design

  • Beach House
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 5,297 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Pond
  • Balcony
  • Built-In Barbecue

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3S-19-25401-000-0070

Community Details

Overview

  • Association fees include accounting, ground keeping, internet service, legal, management, master, recreational faclty, services, cable TV, trash
  • Watercolor Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion
  • Elevator

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,224

Year Built

Built in 2008

Lot Details

0

HOA Fees

$597 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 72X100X94X100
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: WATERCOLOR
  • Directions: From Hwy 283 head East (left) on 30A. Turn left onto Buttercup Street (before Watercolor's 4 way stop). Make your first left at the stop sign onto Western Lake Drive. Home is the 7th house on the left.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2008
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All, Furnished - None
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Floor Hardwood, Floor Tile
  • Interior Amenities: Ceiling Raised, Fireplace 2+, Fireplace Gas, Kitchen Island, Lighting Recessed, Pantry, Wet Bar
  • Window Features: Window Treatment All
  • Appliances:Cooktop: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes
  • Appliances:StoveOven Gas: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Lot Features: Cleared, Covenants, Interior, Restrictions, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • View: Pond, Lake, Gulf
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Siding CmntFbrHrdBrd
  • Exterior Features: Balcony, BBQ Pit/Grill, Fireplace, Hurricane Shutters, Porch, Porch Open, Porch Screened, Shower
  • Other Structures: Guest Quarters
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable, Other
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, Beach, Deed Access, Dock, Dumpster, Elevators, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1790.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Internet Service, Legal, Management, Master Association, Recreational Faclty, Services, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 15-3S-19-25401-000-0070
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $36,224 $4,415,251 $1,430,609 $2,984,642
2023 $36,224 $3,520,048 $0 $0
2022 $34,713 $4,353,324 $1,587,976 $2,765,348
2021 $28,160 $2,909,131 $1,388,940 $1,520,191
2020 $28,496 $2,980,074 $1,270,705 $1,709,369
2019 $26,856 $2,926,228 $1,233,695 $1,692,533
2018 $25,374 $2,828,831 $0 $0
2017 $24,047 $2,784,090 $1,162,876 $1,621,214
2016 $22,998 $2,703,868 $0 $0
2015 $17,198 $1,691,959 $0 $0
2014 -- $1,596,959 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Price Changed $6,350,000 -2.3% $1,199 / Sq Ft
12/02/2024 12/02/24 For Sale $6,500,000 0.0% $1,227 / Sq Ft
12/01/2024 12/01/24 Off Market $6,500,000 -- --
08/16/2024 08/16/24 Off Market $6,500,000 -- --
08/05/2024 08/05/24 For Sale $6,500,000 0.0% $1,227 / Sq Ft
03/29/2024 03/29/24 For Sale $6,500,000 -- $1,227 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $795,000 Mcneese Title Llc
Warranty Deed $705,000 Mcneese Title Llc
Warranty Deed $787,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 Purchase Money Mortgage
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 946024

Emerald Coast Association of REALTORS®

APN: 15-3S-19-25401-000-0070