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$2,795,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,901 Sq. Ft.
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A Rare Gem in Watercolor!Discover a truly unique residence in the heart of Watercolor, where captivating pond views and a lush preserve envelop the home, creating an exclusive sanctuary like no other. This beautifully appointed property features 4 bedrooms, 4.5 bathrooms, a charming bunk room, and a carport with room for three additional vehicles, embodying both style and practicality.With its distinctive custom design, the home offers an inviting atmosphere and exceptional flow, making it perfect for both intimate family gatherings and entertaining guests. The driveway provides generous space for maneuvering cars and golf carts, enhancing convenience for everyday living.Located just a leisurely walk from the Dragonfly pool, Publix, and the vibrant Seaside area The first floor features a primary bedroom with an en-suite bathroom, storage space under the stairs, a walk-in pantry adjacent to the kitchen, and enclosed outdoor storage, as well as a powder bath. The laundry room has been updated to include a bar area with built-in cabinetry, an ice maker, and a Kitchen Aid beverage fridge. The kitchen has been updated with designer tile and quartz countertops. The second story features a Master Retreat with a separate living area, bath, walk-in closet, and balcony offering a view of the pond. There are two other bedrooms with baths and a screened-in porch. There is a media room/den and a bunkroom on this floor. The home was built in 2012 and features hardwood floors, remodeled baths, and has undergone numerous upgrades throughout. This beautiful home needs to be seen in person to be fully appreciated.

Full Property Details for 318 E Royal Fern Way E

General

  • Price: $2,795,000
  • Taxes: $10,676 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 989221
  • Updated: 12/23/2025
  • Added to Site: 71 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Bunk Room, Dining Room, Family Room, Laundry, Master Bedroom
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Floor Hardwood, Furnished - Some, Kitchen Island, Lighting Recessed, Newly Painted, Renovated, Upgraded Media Wing, Window Treatment All
  • Appliances: Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Family Room: Family Room
  • Dining Room: Dining Room

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Beach, Boat Launch, Dock, Elevators, Exercise Room, Fishing, Handicap Provisions, Marina, 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 Open, Dock, Hurricane Shutters, Porch Screened, Rain Gutter, Renovated, Shower, Summer Kitchen

Parking

  • Carports: Yes
  • Parking: Carport, Carport Attached, Covered, Golf Cart Covered

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: Watercolor
  • Driving Directions: From Highway 98 exit 395 South. From 395 turn left at East Royal Fern Way and continue past the stop sign. Cross small bridge into Cedar Woods and home is first on the right.

School Information

  • Elementary School: Dune Lakes
  • Middle School: Seaside
  • High School: South Walton

Heating & Cooling

  • Heating/Cooling: AC - 2 or More, AC - High Efficiency, Ceiling Fans, Insulated Doors, Storm Windows, Water Heater - Gas, Water Heater - Tnkls

Utilities

  • Utility Description: Community Sewer, Community Water, Gas - Natural, TV Cable, Underground

Structural Information

  • Architectural Style: Florida Cottage
  • Construction: Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
  • Stories/Levels: 2
  • Square Feet: 2,901
  • Sq. Ft. Source: Appraiser
  • Year Built: 2012

Lot Features

  • Property View: Pond
  • Lot Size (Acres): 0.15
  • Lot Dimensions: 75 x 29 x 105 x 61 x 62
  • Street/Road Desc.: Paved Road
  • Lot Features: Aerials/Topo Availbl, Survey Available, Within 1/2 Mile to Water, Wooded
  • Zoning: Resid Single Family

Water Features

  • Water Front Type: Pond

Financial Considerations

  • Assessment Amount: $1,890
  • Assmt Payment Freq: Quarterly
  • Tax Amount: $10,676
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 56 CEDAR WOODS AT WATERCOLOR PB 16 PG 58 OR 2679-4217 OR 2852-1718 OR 2853-610 OR 2903-2382 OR 2953-2216
  • Assessment: Yes
  • APN: 14-3S-19-25403-000-0560

Listed by Watersound Real Estate

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— 318 E Royal Fern Way E —

  • Watersound Real Estate

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with our affiliated lender
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 318 E Royal Fern Way E

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-53.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-82.4 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-125.3 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 318 E Royal Fern Way E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/07/2025
Listed
$2,795,000
174.02%
MLS
6/26/2014
Sold
$1,020,000
—
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 318 E Royal Fern Way E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,919
—
$2,222,043
—
2024
$10,919
4%
$2,222,201
—
2023
$10,535
—
$2,214,204
75%
2021
$10,563
1%
$1,264,528
-33%
2022
$10,422
-1%
$1,881,297
62%
2021
$10,563
1%
$1,160,133
7%
2019
$10,437
2%
$1,088,305
2%
2018
$10,277
13%
$1,068,013
17%
2017
$9,069
3%
$915,052
4%
2016
$8,794
5%
$878,780
7%
2015
$8,384
47%
$824,825
39%
2014
$5,722
1%
$591,762
1%
2013
$5,671
—
$583,017
—
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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318 E Royal Fern Way E, Santa Rosa Beach, FL 32459 (MLS# 989221) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 318 E Royal Fern Way E is currently listed for $2,795,000 and was received on November 07, 2025. Want to learn more about 318 E Royal Fern Way E? 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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