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$3,550,000

  • Sold
  • Closed
  • Single Family
  • 5 Beds
  • 6 Full Baths
  • 4,090 Sq. Ft.
  • Updated 3 days ago
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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 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: 295 day(s) ago

Rental Information

  • Complex Features: Beach, Community Room, Exercise Room, Fishing, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront

Interior

  • Number of Rooms: 8
  • Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Vaulted, Fireplace 2+, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas
  • Appliances: Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
  • Furnishings: Furnished - All
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Porch Screened

Parking

  • Carport Spaces: 2

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

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Internet Service, Legal, Licenses/Permits, Management, Repairs/Maintenance, Security, Cable TV, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Heating/Cooling: Central, Central Air

Utilities

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

Structural Information

  • Architectural Style: Traditional
  • Construction: Frame, Siding CmntFbrHrdBrd
  • Exterior Const.: Frame, 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'
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Restrictions, Survey Available
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $1,510

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
  • APN: 15-3S-19-25415-000-0130
  • Property ID: 15-3S-19-25415-000-0130

Listed by Scenic Sotheby's International Realty

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 138 Red Cedar Way

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-53.8 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-82.5 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-124.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions 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.

Listed by Scenic Sotheby's International Realty

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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.