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Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort. The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand. With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
#995896

Santa Rosa Beach

265 Western Lake Drive

5 Beds

5 Baths

2,821 Sq.Ft.

$4,125,000

MLS#: 995896

Come see what happens in the rare instance of when luxury, elegance, sophistication, class and location meet at the beach. Seeing is believing and you should see this stunning home in the coveted community of WaterColor just across from an expansive wooded open space! This beautifully crafted home features several thoughtful touches and custom details that are apparent from the moment you enter this home. Including sunken cypress wood for the French door entry way and living room doors adds to the beauty and sophistication. An arched white Chicago brick foyer with antique oak beams over the doorway greets you. There are additional beams in the first-floor family gathering room along with an antique ceiling of poplar and pine that are all estimated to be over 150 years old. CONTINUED: As you pass through the foyer you pass a spiral staircase and one of four Master bedrooms on the right. The arched foyer leads you into the large yet warm first floor-family gathering room with a white brick fireplace on your right and an open gourmet kitchen all with high-end appliances on your left. The outdoor living space is off these rooms. This 5,529-square-foot exquisite and immaculately maintained home includes a two-car garage with additional parking space for 3 more cars off of the alley in the back. Enjoy your private pool with a Chicago brick deck, as well as the large inviting screened outdoor family gathering room complete with an outdoor kitchen, dining area, and living area  including a large TV over this fireplace. This home has so many extras, this is why you have to see this house including four bedrooms on the second floor along with a Masters Suite that takes up most of the back half of the second floor with a sitting area and deck, large master bath and that has a his and hers walk-in closet at the end of the bath. The third floor has yet another warm family gathering room that has 6 bunks off to the right with a hand painted floor with the 6th large bedroom off to the left and is easily accessed by the elevator. This elegant home is well-maintained and has never been rented, making it the perfect home or investment property and the owner has already prepaid all Beach Club and Camp WaterColor homeowner assessment. Take advantage of several coveted WaterColor amenities, including the recently-renovated WaterColor Beach Club, which now offers three pools and three separate restaurants and two outdoor bars. This home is also conveniently located near one of now 9 community pools.
#848637

Santa Rosa Beach

116 Wiregrass Way

6 Beds

6 Baths

5,529 Sq.Ft.

$4,125,000

MLS#: 848637

Entered for comp purposes only
#884206

Miramar Beach

45 E Beach Drive Drive

5 Beds

6 Baths

6,378 Sq.Ft.

$4,125,000

MLS#: 884206

Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort. The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand. With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
#995896

Santa Rosa Beach

265 Western Lake Drive

5 Beds

5 Baths

2,821 Sq.Ft.

$4,125,000

MLS#: 995896

Come see what happens in the rare instance of when luxury, elegance, sophistication, class and location meet at the beach. Seeing is believing and you should see this stunning home in the coveted community of WaterColor just across from an expansive wooded open space! This beautifully crafted home features several thoughtful touches and custom details that are apparent from the moment you enter this home. Including sunken cypress wood for the French door entry way and living room doors adds to the beauty and sophistication. An arched white Chicago brick foyer with antique oak beams over the doorway greets you. There are additional beams in the first-floor family gathering room along with an antique ceiling of poplar and pine that are all estimated to be over 150 years old. CONTINUED: As you pass through the foyer you pass a spiral staircase and one of four Master bedrooms on the right. The arched foyer leads you into the large yet warm first floor-family gathering room with a white brick fireplace on your right and an open gourmet kitchen all with high-end appliances on your left. The outdoor living space is off these rooms. This 5,529-square-foot exquisite and immaculately maintained home includes a two-car garage with additional parking space for 3 more cars off of the alley in the back. Enjoy your private pool with a Chicago brick deck, as well as the large inviting screened outdoor family gathering room complete with an outdoor kitchen, dining area, and living area  including a large TV over this fireplace. This home has so many extras, this is why you have to see this house including four bedrooms on the second floor along with a Masters Suite that takes up most of the back half of the second floor with a sitting area and deck, large master bath and that has a his and hers walk-in closet at the end of the bath. The third floor has yet another warm family gathering room that has 6 bunks off to the right with a hand painted floor with the 6th large bedroom off to the left and is easily accessed by the elevator. This elegant home is well-maintained and has never been rented, making it the perfect home or investment property and the owner has already prepaid all Beach Club and Camp WaterColor homeowner assessment. Take advantage of several coveted WaterColor amenities, including the recently-renovated WaterColor Beach Club, which now offers three pools and three separate restaurants and two outdoor bars. This home is also conveniently located near one of now 9 community pools.
#848637

Santa Rosa Beach

116 Wiregrass Way

6 Beds

6 Baths

5,529 Sq.Ft.

$4,125,000

MLS#: 848637

Home under construction by Savoie Architects, P.A. located north of 30A. Enjoy open indoor living, dining, and kitchen and large outdoor courtyard space with private in-ground pool and summer kitchen. First level Master Bedroom, Upstairs includes Media Room, Bunk Room, and private Guest suite including guest living and kitchen. Owners will enjoy Alys Beach amenities including Caliza Pool & Restaurant,world-class ZUMA Fitness & Wellness Center, NEAT Bottle Shop, Piper's, The Alys Shoppe, and the beach. The new private Beach Club is scheduled for opening late Fall 2020.
#842641

Alys Beach

255 N Charles Street M11

4 Beds

6 Baths

4,660 Sq.Ft.

$4,125,000

MLS#: 842641

44 Crossvine Circle is prominently placed in the Camp District of Watercolor on the cul-de-sac of Crossvine Circle, just steps away from Camp WaterColor & Wood Fern Park. This home has been thoughtfully maintained and enjoyed by this family. The 3,848 Sq Ft, 5 Bedroom home boasts two primary suites, three king guest suites along with a private bunk room and 6 full baths! Beautifully appointed with luxury finishes, designer furnishing, chefs' kitchen, marble countertops, wire-brushed oak hardwood flooring and 12' ceilings. For the entertainer over 1,700 Sq Ft of additional porches & outdoor space including a heated pool, hot tub with ''chiller'' and stone decking just off the screen porch and the pergola covered outdoor fireplace with 6 Adirondack chairs makes this one of the many gathering spaces. This home is bordered by preserve forest on the side and back of the home providing considerable privacy and is offered fully furnished.
#930023

Santa Rosa Beach

44 Crossvine Circle

5 Beds

6 Baths

3,848 Sq.Ft.

$4,125,000

MLS#: 930023

Lakefront living with pristine gulf views, located within the gated community of Watersound Beach, this is an exceptional legacy home. Upon entering the foyer, views of the lake provide the perfect welcome to this cedar shake Nantucket style treasure. The 1st floor hosts 4 bedrooms including the owner's suite, each with private porch access, an elevator, screen porch with summer kitchen, private lakeside pool with resort-style fire pit. At the top of the grand staircase is an open living area with enviable views of the lake and gulf.The showcase kitchen provides space for cooking and entertaining anchored by a venetian plaster gas fireplace. The 2nd floor boasts lakeside dining, media room and a 5th bedroom. Recent upgrades include new windows, doors, pool, paint roof and furniture!
#861047

Watersound

121 Gulf Bridge Lane

5 Beds

5 Baths

3,748 Sq.Ft.

$4,125,000

MLS#: 861047

New on site 4 days ago
Approximately 202.26± acres on Hwy 393, offered together with a 15.86-acre platted subdivision containing 27 lots and approximately 186.40± additional acres. The property sits approximately 1 mile north of Hwy 90, with the I-10 corridor roughly 2 to 2.5 miles away, placing major east-west transportation routes within close proximity. Hwy 90 connects to SR 285, providing a route south toward Destin and Fort Walton Beach and the Emerald Coast. The surrounding North Okaloosa area is being shaped by major investment, including the Williams International aircraft manufacturing facility at Shoal River Industrial Park and the new Shoal River Ranch wastewater facility. The combination of existing platted lots and additional acreage creates a substantial land holding with room for a potential future Phase II extension, illustrated in the accompanying conceptual site plan. The conceptual plan is intended to show one possible expansion layout and is not an approved development plan. Approximately 202 acres, 27 existing platted lots, Hwy 393 frontage, and close proximity to Hwy 90 and the I-10 corridor bring together a significant amount of land in one offering.
#1011404

Crestview

0000 Co Rd 393

None Beds

None Baths

202.26 acres

$4,122,900

MLS#: 1011404

New on site 4 days ago
Approximately 202.26± acres on Hwy 393, offered together with a 15.86-acre platted subdivision containing 27 lots and approximately 186.40± additional acres. The property sits approximately 1 mile north of Hwy 90, with the I-10 corridor roughly 2 to 2.5 miles away, placing major east-west transportation routes within close proximity. Hwy 90 connects to SR 285, providing a route south toward Destin and Fort Walton Beach and the Emerald Coast. The surrounding North Okaloosa area is being shaped by major investment, including the Williams International aircraft manufacturing facility at Shoal River Industrial Park and the new Shoal River Ranch wastewater facility. The combination of existing platted lots and additional acreage creates a substantial land holding with room for a potential future Phase II extension, illustrated in the accompanying conceptual site plan. The conceptual plan is intended to show one possible expansion layout and is not an approved development plan. Approximately 202 acres, 27 existing platted lots, Hwy 393 frontage, and close proximity to Hwy 90 and the I-10 corridor bring together a significant amount of land in one offering.
#1011401

Crestview

TBD Hwy 393

None Beds

None Baths

N/A

$4,122,900

MLS#: 1011401

Set on a coveted oversized corner lot in the heart of Rosemary Beach, 132 E Kingston Road is a five-bedroom, five-and-a-half-bath estate with a private carriage house and accommodations for up to fourteen. Rarely found in this community, the expanded homesite provides enhanced privacy and generous outdoor living—centered around a private heated pool, four-sided fireplace, dining loggia, and multiple screened porches and balconies. The main residence showcases a fully renovated kitchen, dining, and living space with hardwood floors, designer finishes, and abundant natural light. En suite bedrooms each enjoy access to a private porch or balcony, including a newly updated primary suite with spa-inspired bath, soaking tub, and walk-in shower. The carriage house includes its own kitchen, living area, king suite, and balcony overlooking the pool. Beyond the property, Rosemary Beach offers deeded beach access, four community poolsincluding an exclusive owners-only retreatand world-class amenities. Residents and guests enjoy biking to 30Avenue, Alys Beach, and Rosemary's boutiques, cafés, and award-winning dining. 132 E Kingston Road combines architectural elegance with the rare advantage of added privacy and outdoor space in one of 30A's most coveted communities.
#980520

Rosemary Beach

132 E Kingston Road

5 Beds

5 Baths

3,042 Sq.Ft.

$4,120,000

MLS#: 980520

Set on a coveted oversized corner lot in the heart of Rosemary Beach, 132 E Kingston Road is a five-bedroom, five-and-a-half-bath estate with a private carriage house and accommodations for up to fourteen. Rarely found in this community, the expanded homesite provides enhanced privacy and generous outdoor living—centered around a private heated pool, four-sided fireplace, dining loggia, and multiple screened porches and balconies. The main residence showcases a fully renovated kitchen, dining, and living space with hardwood floors, designer finishes, and abundant natural light. En suite bedrooms each enjoy access to a private porch or balcony, including a newly updated primary suite with spa-inspired bath, soaking tub, and walk-in shower. The carriage house includes its own kitchen, living area, king suite, and balcony overlooking the pool. Beyond the property, Rosemary Beach offers deeded beach access, four community poolsincluding an exclusive owners-only retreatand world-class amenities. Residents and guests enjoy biking to 30Avenue, Alys Beach, and Rosemary's boutiques, cafés, and award-winning dining. 132 E Kingston Road combines architectural elegance with the rare advantage of added privacy and outdoor space in one of 30A's most coveted communities.
#980520

Rosemary Beach

132 E Kingston Road

5 Beds

5 Baths

3,042 Sq.Ft.

$4,120,000

MLS#: 980520

Stunning home designed by Eric Watson, Architect. This home is located on the North side of 30A on a large corner homesite near Caliza Pool & Restaurant Entered for comp purposes.
#826421

Alys Beach

93 Nonesuch Way

5 Beds

5 Baths

4,583 Sq.Ft.

$4,103,000

MLS#: 826421

Stunning home designed by Eric Watson, Architect. This home is located on the North side of 30A on a large corner homesite near Caliza Pool & Restaurant Entered for comp purposes.
#826421

Alys Beach

93 Nonesuch Way

5 Beds

5 Baths

4,583 Sq.Ft.

$4,103,000

MLS#: 826421

Short term rental powerhouse featuring a brand new 2025 build on 30A with rooftop viewing deck offering Gulf views, 8 bedrooms each with private baths, three separate living spaces, private heated pool, and massive 18 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Only 0.6 miles to public beach access ensures high occupancy. Includes a free six-seater electric golf cart and two paddleboards for added guest appeal. Designed from the ground up to ensure easy, low cost maintenance and best possible yield. Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.). The seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first $10 million (approximately) in sales have been achieved. Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. Seller will make all reasonable efforts to facilitate the transfer of future reservations. The Seller does not have to sell. Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price. Most recent appraisal and inspections in docs section
#998065

Santa Rosa Beach

6508 W Co Highway 30A

8 Beds

8 Baths

4,331 Sq.Ft.

$4,100,000

MLS#: 998065

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