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$4,499,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 3,972 Sq. Ft.
  • Updated 4 days ago
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Rare Elevated Gulf-View Residence in WaterColor Set just two blocks from the beach on a quiet, coveted WaterColor street, this exceptional 5BR/5.5BA residence offers a rare combination of elevated Gulf views, refined design, and exceptional outdoor living. Positioned on one of the community's highest points, the home's rooftop deck captures panoramic views of the Gulf and Seaside--an extraordinary backdrop for sunset entertaining or quiet mornings above 30A. Expansive porches and multiple outdoor spaces embrace the WaterColor lifestyle, including a private deck with fire pit and grill. Inside, professionally designed interiors create a sophisticated yet inviting retreat, offered furnished with exclusions. The chef's kitchen is appointed with Sub-Zero and Wolf appliances, an oversized island, and Smallbone cabinetry. Recent upgrades include electrical, HVAC, decking, lighting, and additional improvements throughout. Beyond its exceptional lifestyle appeal, the residence offers a compelling investment profile, with historical rental income averaging approximately $175,000-$200,000 annually. Buyer to verify all rental and financial information. A rare opportunity to own a distinguished WaterColor residence where elevation, Gulf views, beach proximity, design, and income potential converge.

Full Property Details for 146 Silver Laurel Way

General

  • Price: $4,499,000
  • Taxes: $33,945 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1012859
  • Updated: 9/28/2026
  • Added to Site: 5 day(s) ago

Rental Information

  • Complex Features: Beach, Community Room, Deed Access, Exercise Room, Fishing, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable

Interior

  • Number of Rooms: 7
  • Interior Features: Breakfast Bar, Built-In Bookcases, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Wet Bar
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
  • Furnishings: Furnished - All
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Shower, Sprinkler System
  • Porch/Patio/Deck: Patio Open, Porch, Porch Open

Parking

  • Carport Spaces: 2
  • Parking Features: Carport Attached, Covered

Location

  • Area: 18 - 30A East
  • 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

  • Association: Yes
  • Assoc. Fees Include: Management, Recreational Faclty, Security

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Gas
  • Heating/Cooling: Ceiling Fans, Gas

Utilities

  • Sewer: Public Sewer
  • Utility Description: Public Water, TV Cable, Underground

Structural Information

  • Architectural Style: Traditional
  • Construction: Siding CmntFbrHrdBrd, Trim Wood
  • Exterior Const.: Siding CmntFbrHrdBrd, Trim Wood
  • Stories/Levels: 3
  • Square Feet: 3,972
  • Sq. Ft. Source: Appraiser
  • Year Built: 2007

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791.6
  • Lot Dimensions: 50 x 100
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $1,840
  • Tax Amount: $33,945.41
  • 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
  • APN: 15-3S-19-25403-000-0140
  • Property ID: 15-3S-19-25403-000-0140

Listed by Think Real Estate

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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
9/28/2026
Listed
$4,499,000
18.39%
MLS
7/30/2021
Sold
$3,800,000
—
Public Record
Get Price Alerts and Save Property
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
2025
$33,945
2%
$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# 1012859) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 146 Silver Laurel Way is currently listed for $4,499,000 and was received on September 28, 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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