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$5,500,000
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Property Description
Discover the epitome of luxury living in the heart of WaterColor's sought-after Lake District. This stunning beach house has been impeccably updated and professionally designed to create a serene retreat where every detail has been thoughtfully considered.The first floor welcomes you with an open-concept layout featuring elegant shiplap walls, a cozy gas fireplace, and a chef's kitchen outfitted with marble countertops, Wolf & Subzero appliances, soft-close cabinetry, and a walk-in pantry. The dining area offers picturesque views of a private, heated pool that spans the length of the home. A guest bedroom, full bathroom, and powder room complete this level with style and convenience.On the second floor, a spacious media room serves as a central hub. Continued... Discover the epitome of luxury living in the heart of WaterColor's sought-after Lake District. This stunning beach house has been impeccably updated and professionally designed to create a serene retreat where every detail has been thoughtfully considered. The first floor welcomes you with an open-concept layout featuring elegant shiplap walls, a cozy gas fireplace, and a chef's kitchen outfitted with marble countertops, Wolf & Subzero appliances, soft-close cabinetry, and a walk-in pantry. The dining area offers picturesque views of a private, heated pool that spans the length of the home. A guest bedroom, full bathroom, and powder room complete this level with style and convenience. On the second floor, a spacious media room serves as a central hub. The master suite is a luxurious haven with a private balcony, a spa-like bathroom that includes a soaking tub and dual shower heads, and a walk-in closet with custom California Closets built-ins. An additional guest bedroom with an en-suite bathroom and private balcony access provides comfort and privacy for guests. The third floor is designed for entertaining and relaxation, offering a sitting area with a wet bar, two guest bedrooms, a charming bunk room with barn doors, and a shared bathroom. Ascend to the fourth floor to the tower, where stunning sunset views create an unforgettable experience. Adding to the property's allure is a detached guest house above the garage, complete with a full kitchen, living area, bedroom, bathroom, and loftperfect for visitors or additional rental income. With over $250K in gross annual rental revenue, this home is both a tranquil escape and an exceptional investment opportunity. Experience coastal elegance, comfort, and functionality in one of WaterColor's most desirable locations.
Full Property Details
Full Property Details for 10 Flatwood St
General
- Sold For: $5,500,000
- Taxes: $30,541 (2022)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 963337
- Added to Site: 457 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bunk Room, Dining Area, Garage, Great Room, Kitchen, Loft, Master Bathroom, Master Bedroom, Media Room, Sun Room
- Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Fireplace Gas, Floor Hardwood, Floor Marble, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Lock Out, Owner's Closet, Pantry, Walls Wainscoting, Washer/Dryer Hookup, Wet Bar, Window Treatment All
- Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 6
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Great Room: Great Room
- Kitchen: Kitchen
- 2nd Kitchen: Kitchen
- Loft: Loft
- Theater/Media: Media Room
- Sun Room: Yes
- Sun Room/Solarium: Sun Room
Additional Information
- Shared Amenities: BBQ Pit/Grill, Beach, Community Room, Dock, Exercise Room, Fishing, Marina, Pavillion/Gazebo, Pets Allowed, Pickle Ball, Picnic Area, Playground, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Deck Covered, Guest Quarters, Pool - Heated, Pool - In-Ground, Rain Gutter, Separate Living Area, Shower, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Garage Detached
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: Watercolor
- Driving Directions: From the intersection of Hwy 98 & Hwy 395, turn south on Hwy 395 and continue to the stop light in front of Publix. Turn right into WaterColor on W Lake Forest Drive. At the 3 way stop, turn right continuing on W Lake Forest Drive. After crossing the wooden bridge here to the left, staying on W Lake Forest Drive. Make a left turn onto Needlerush Dr and continue to Flatwood St on the right.
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Heating & Cooling
- Heating/Cooling: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls
Utilities
- Utility Description: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, Underground
Structural Information
- Architectural Style: Beach House
- Construction: Foundation Off Grade, Frame, Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd
- Stories/Levels: 4
- Square Feet: 5,249
- Sq. Ft. Source: County PA Records
- Year Built: 2015
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 60 x 110 x 56 x 110
- Street/Road Desc.: Paved Road, Private Road
- Lot Features: Corner, Covenants, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $1,510
- Assmt Payment Freq: Quarterly
- Tax Amount: $30,541
- Tax Year: 2022
Disclosures and Reports
- Legal Description: LOT 25 WIREGRASS MEADOWS AT WATERCOLOR PB 15-59 OR 2551-258 OR 2727-203 OR 2892-2700 OR 2922-4449 OR 3160-770
- Assessment: Yes
- APN: 15-3S-19-25421-000-0250
Listed by Berkshire Hathaway HomeServices
Sold by Berkshire Hathaway HomeServices
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Schools
Schools serving 10 Flatwood St
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 4 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 2.6 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10 Flatwood St
Date
Details
Price
Change
Source
4/04/2025
Sold
$5,500,000
-8.33%
MLS
11/19/2024
Listed
$6,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10 Flatwood Street, Santa Rosa Beach, FL 32459 (MLS# 963337) is a Single Family property that was sold at $5,500,000 on April 04, 2025. Want to learn more about 10 Flatwood Street? Do you have questions about finding other Single Family real estate for sale in Santa Rosa Beach? You can browse all Santa Rosa Beach real estate or contact a Coldwell Banker agent to request more information.

