138 Red Cedar Way, Santa Rosa Beach, FL 32459 - Photo 1

1/1

$3,550,000

Sold
Closed
Single Family
5 Beds
6 Full Baths
4,090 Sq. Ft.

1/1

Property Description

Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available. Two additional bonus rooms with access to a full bath allow more options. Located steps from Camp WaterColor, sunset views from huge porches and plans for a pool, this home has it all

Full Property Details

Full Property Details for 138 Red Cedar Way

General

Sold For: $3,550,000
Status: Closed
Type: Single Family
Source: Emerald_Coast
MLS ID: 979766
Added to Site: 203 day(s) ago

Interior

Rooms/Areas: Bedroom, Bunk Room, Dining Area, Kitchen, Living Room, Master Bedroom
Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 5

Other Rooms

Living Room: Living Room
Kitchen: Kitchen

Additional Information

Shared Amenities: Beach, Community Room, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
Pool: Yes

Exterior

Exterior Features: Balcony, Porch Screened

Location

Area: 18 - 30A East
County: Walton
Subdivision: Watercolor
Driving Directions: From S. County Hwy 395, turn west onto W. Lake Forest Drive. Turn right at stop sign to remain on W. Lake Forest Drive. Turn left onto Acorn Way then right onto Red Cedar Way. Home is on the right side.

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, Heat Cntrl Electric, Water Heater - Gas, Water Heater - Tnkls

Utilities

Utility Description: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

Structural Information

Architectural Style: Traditional
Construction: Frame, Roof Metal, Siding CmntFbrHrdBrd
Stories/Levels: 2
Square Feet: 4,090
Sq. Ft. Source: Appraiser
Year Built: 2005

Lot Features

Lot Dimensions: 62' x 110' x 83' x 109'
Street/Road Desc.: Paved Road, Private Road
Lot Features: Covenants, Restrictions, Survey Available
Zoning: Resid Single Family

Financial Considerations

Assessment Amount: $1,510
Assmt Payment Freq: Quarterly

Disclosures and Reports

Legal Description: LOT 13 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-679 OR 2502-785 OR 2785-2653 OR 2868- 4008
Assessment: Yes
APN: 15-3S-19-25415-000-0130

Listed by Scenic Sotheby's International Realty
Sold by ECN - Unknown Office

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 138 Red Cedar Way —

Scenic Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 138 Red Cedar Way

School District:Walton County School District

Name	Grades	Distance
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459	K-5	3.8 mi
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459	6-8	2.5 mi
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459	9-12	4.7 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 138 Red Cedar Way

Date

Details

Price

Change

Source

11/11/2025

Sold

$3,550,000

-2.74%

MLS

9/17/2025

Price Reduced

$3,650,000

-2.67%

MLS

8/11/2025

Price Reduced

$3,750,000

-5.06%

MLS

6/27/2025

Listed

$3,950,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

9700 Grand Sandestin Blvd, Miramar Beach, FL 32550 - Photo 1

Just Listed

$359,000

9700 Grand Sandestin Blvd #4329 Miramar Beach, FL 32550

Condo / Townhouse
Active
Updated 2 days ago

1
Bed
1
Total Bath
870
Sq. Ft.

Listed by Kim Hunter (850) 597-4560

488 N Driftwood Bay N, Miramar Beach, FL 32550 - Photo 1

Just Listed

$515,000

Open House

488 N Driftwood Bay N #Unit 97E Miramar Beach, FL 32550

Condo / Townhouse
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,308
Sq. Ft.

219 Scenic Gulf Dr, Miramar Beach, FL 32550 - Photo 1

Just Listed

$2,595,000

219 Scenic Gulf Dr #630 Miramar Beach, FL 32550

Condo / Townhouse
Active
Updated 2 days ago

3
Beds
3
Total Baths
2,500
Sq. Ft.

2325 Crystal Cove Ln, Miramar Beach, FL 32550 - Photo 1

Just Listed

$435,900

2325 Crystal Cove Ln #325 Miramar Beach, FL 32550

Condo / Townhouse
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,180
Sq. Ft.

313 Holley Grove Ln, Point Washington, FL 32459 - Photo 1

Price Reduced

-$6,355 (-1.23%)

$509,900

313 Holley Grove Ln Point Washington, FL 32459

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
2,108
Sq. Ft.

333 Holley Grove Ln, Point Washington, FL 32459 - Photo 1

Price Reduced

-$6,355 (-1.23%)

$509,900

333 Holley Grove Ln Point Washington, FL 32459

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
2,108
Sq. Ft.

91 Norwood Dr., Miramar Beach, FL 32550 - Photo 1

Price Reduced

-$100,000 (-14.31%)

$599,000

91 Norwood Dr. #UNIT 1 Miramar Beach, FL 32550

Townhouse
Active
Updated 3 days ago

2
Beds
4
Total Baths
1,464
Sq. Ft.

4202 Beachside Two Dr, Miramar Beach, FL 32550 - Photo 1

Price Reduced

-$2,000 (-0.25%)

$797,000

4202 Beachside Two Dr ## 202 Miramar Beach, FL 32550

Condo / Townhouse
Active
Updated 6 days ago

2
Beds
2
Total Baths
1,259
Sq. Ft.

121 Red Cedar Way, Santa Rosa Beach, FL 32459 - Photo 1

Sold

$3,150,000

121 Red Cedar Way Santa Rosa Beach, FL 32459

Single Family
Closed

4
Beds
5
Total Baths
3,163
Sq. Ft.

60 Red Cedar Way, Santa Rosa Beach, FL 32459 - Photo 1

Sold

$3,120,000

60 Red Cedar Way Santa Rosa Beach, FL 32459

Single Family
Closed

4
Beds
4
Total Baths
2,556
Sq. Ft.

445 W Lake Forest Dr W, Santa Rosa Beach, FL 32459 - Photo 1

Sold

$3,100,000

445 W Lake Forest Dr W Santa Rosa Beach, FL 32459

Single Family
Closed

5
Beds
5
Total Baths
3,363
Sq. Ft.

153 Pond Cypress Way, Santa Rosa Beach, FL 32459 - Photo 1

Sold

$3,315,500

153 Pond Cypress Way Santa Rosa Beach, FL 32459

Single Family
Closed

6
Beds
7
Total Baths
3,384
Sq. Ft.

138 Red Cedar Way, Santa Rosa Beach, FL 32459 (MLS# 979766) is a Single Family property that was sold at $3,550,000 on November 11, 2025. Want to learn more about 138 Red Cedar Way? 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.

138 Red Cedar Way Santa Rosa Beach, FL 32459