Just steps from the shores of Western Lake, this exquisitely updated home stands as a testament to architectural ingenuity, originally designed by the renowned Tom Christ. Nestled in Park District of WaterColor, its exterior and interior have been meticulously repainted, showcasing a fresh, new look. With soaring ceilings, the home radiates a like-new ambiance, featuring refinished wood flooring, brand-new appliances, and elegantly selected furnishings. Boasting a proven rental history, this magnificent property is not only a luxurious coastal retreat but also a lucrative investment opportunity, making it highly appealing for discerning buyers. The thoughtful design includes a practical mudroom and laundry area on the first floor, ideal for managing sandy excursions and beach towels. Each of the two spacious bedrooms on the first level, one of which is a bunk room, offers a haven of comfort, complete with private ensuite bathrooms and walk-in closets. Ascending to the second level, the residence unfolds into a stunning open-concept space, combining the kitchen, dining, and sitting areas under a magnificent wood-lined ceiling. Abundant natural light floods in through large windows and doors, illuminating each artfully arranged space. The kitchen, recently updated, strikes a balance between modern and coastal aesthetics, featuring white cabinetry, sleek quartz countertops, and high-end appliances. The master suite is an embodiment of tranquility, boasting a lofty beamed ceiling, a cozy sitting room, and a private porch with verdant views. One of the suites includes a secluded sleeping porch, perfect for savoring the refreshing coastal air. The third-floor tower offers a spectacular vantage point for admiring sunsets over WaterColor. Behind the home, a paved parking area leads to a two-car garage, which houses a nearly new golf cart. Above the garage lies a charming carriage house, complete with a kitchenette and full bath. The screened porch invites relaxation with cushioned swing seats, while the side patio offers a perfect spot for stargazing around the fire pit. This extraordinary home is a rare find for those seeking a luxurious coastal lifestyle in Florida, conveniently located near various restaurants and Club WaterColor amenities.
Lot: Cleared, Covenant/Restriction, Interior Lot, Survey Available, Within 1/2 Mile to Water
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Traveling east on Hwy 30 from Grayton Beach heading into Watercolor, turn left (north) onto Buttercup St and then make a left onto Western Lake Dr. The home will be on your left hand side
Price Information
Listing Price Info
Price Summary:
List Price: $3,495,000
Price Per SqFt: $1,034/SqFt
HOA Fees:
Amount: $1790
Frequency: Quarterly
Tax Information:
Annual Amount: $15,404
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Santa Rosa Beach, FL.
This property is $2.5M more than the Median Sold Price and $515/SqFt more than other homes in Santa Rosa Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #939950
Listing Office:
Office Name: Scenic Sothebys International Realty
Office Email: dahlerandco@scenicsir.com
Listing Agent: Dahler & Co.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 17, 2015
Dec 17, 2015Home Sold
$190,000
Sep 07, 2006
Sep 07, 2006Home Sold
$1,850,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$15,404
$1,543,164
2019
$14,977
$1,508,192
2017
$14,295
$1,479,434
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school3.22 miles
Public District Grades KG-5
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school7.41 miles
Public District Grades KG-5
6
/10
Freeport Elementary School
15381 US Highwayy 331 S
Distance between this listing and this school12.64 miles
Public District Grades PK-5
Nearby Schools
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school2.89 miles
Public District Grades 6-8
6
/10
Freeport Middle School
360 Kylea Laird Dr
Distance between this listing and this school12.10 miles
Public District Grades 6-8
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school17.50 miles
Public District Grades 5-8
Nearby Schools
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school0.48 miles
Public Charter Grades 5-12
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school4.25 miles
Public District Grades 9-12
8
/10
Freeport High School
12615 331 Business
Distance between this listing and this school15.13 miles
The neighbors living near this home have an average income of $91,875. The most common annual income of people living in Santa Rosa Beach, FL is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 408 Western Lake Dr
What is the listing price of this property?
The listing price of 408 Western Lake Dr property is $3,495,000.
What type of property is this?
The property 408 Western Lake Dr is a house located in Santa Rosa Beach, Florida, 32459.
Is this property for sale now?
Active Listing: 408 Western Lake Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $15,404 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 17, 2015 for $190,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 408 Western Lake Dr has 4 bedrooms and 4 full and 3 half bathrooms.
What is the square footage of this property?
The property 408 Western Lake Dr is 3,381 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 408 Western Lake Dr is 2003.
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This home is located at 408 Western Lake Dr in Santa Rosa Beach, FL and zip code 32459. This 3,381 square foot home, which was built in 2003, sits on a 0.12 acre lot. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $3,495,000.
In October 2024 more than 3 listings in Santa Rosa Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 45 were sold below. The number of listings in Santa Rosa Beach, FL increased by 5.3% between September 2024 and October 2024. In October 2024, listings were on the market for 136 days. During the same period, the median list price in this real estate market was $952,905.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
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