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$4,599,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • Updated 3 hours ago
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Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

Full Property Details for 146 Silver Laurel Way

General

  • Price: $4,599,000
  • Taxes: $33,945 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 787994
  • Updated: Today (4/7/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 5
  • Appliances: Gas Cooktop

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Shared Amenities: Beach Rights, Barbecue, Picnic Area
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Tennis: Yes
  • Security/Safety: Key Card Entry, Smoke Detector(s)

Exterior

  • Exterior Features: Fire Pit
  • Porch/Patio/Deck: Balcony, Covered, Open, Porch

Parking

  • Covered Spaces: 2

Location

  • County: Walton
  • Subdivision: Watercolor
  • Driving Directions: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right.

School Information

  • Elementary School: Dune Lakes
  • Middle School: Emerald Coast
  • High School: South Walton

Community

  • Community Name: 12 - Walton County
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Multi Units
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, Underground Utilities

Structural Information

  • Architectural Style: Florida
  • Construction: Other
  • Roof: Metal
  • Stories/Levels: 3
  • Sq. Ft. Source: Appraiser
  • Year Built: 2007

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,009
  • Lot Size: .12
  • Lot Dimensions: 50 x 100

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $33,945
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721
  • Property ID: 15-3S-19-25403-000-0140

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— 146 Silver Laurel Way —

  • Think Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 146 Silver Laurel Way

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-54.2 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-82.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-124.6 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 146 Silver Laurel Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2026
Listed
$4,599,000
21.03%
MLS
7/30/2021
Sold
$3,800,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 146 Silver Laurel Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,357
—
$3,756,810
-1%
2024
$33,357
5%
$3,793,326
-1%
2023
$31,785
75%
$3,829,843
104%
2021
$18,151
-33%
$1,875,125
-36%
2022
$27,011
49%
$2,914,630
63%
2021
$18,151
5%
$1,788,965
3%
2019
$17,234
2%
$1,735,409
2%
2018
$16,956
3%
$1,700,469
2%
2017
$16,515
1%
$1,666,236
2%
2016
$16,342
3%
$1,633,125
4%
2015
$15,886
5%
$1,562,819
6%
2014
$15,197
8%
$1,474,171
9%
2013
$14,047
—
$1,354,171
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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146 Silver Laurel Way, Santa Rosa Beach, FL 32459 (MLS# 787994) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 146 Silver Laurel Way is currently listed for $4,599,000 and was received on April 07, 2026. Want to learn more about 146 Silver Laurel 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.

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