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$2,600,000
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Property Description
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 large carport with room for three additional vehicles, embodying both style and practicality. With its distinctive custom design, the home offers a ONE OF A KIND lifestyle experience. With exceptional flow, making it perfect for both intimate family gatherings and entertaining guests. Backyard views from every window of a large pond with dock The driveway provides generous space for cars and golf carts,for everyday living. Dragonfly pool,The Lazy river and Beachclub are all nearby! The home has been updated with Quartz countertops throughout! 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. Custom designed 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. A very serene setting that you won't see elsewhere in Watercolor.
Full Property Details
Full Property Details for 318 East Royal Fern Way
General
- Sold For: $2,600,000
- Taxes: $10,676 (2025)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 989221
- Added to Site: 182 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Boat Launch, Dock, Elevators, Exercise Room, Fishing, Handicap Provisions, Marina, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfr
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Lighting Recessed, Newly Painted, Upgraded Media Wing
- Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
- Furnishings: Furnished - Some
- Flooring: Floor Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool Type
- Security/Safety: Fire Alarm/Sprinkler
Exterior
- Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Dock, Hurricane Shutters, Shower, Summer Kitchen
- Porch/Patio/Deck: Deck Open, Porch Screened
Parking
- Carport Spaces: 2
- Parking Features: 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
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Internet Service, Land Recreation, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans
- Heating/Cooling: Ceiling Fans
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, Gas - Natural, TV Cable, Underground
Structural Information
- Architectural Style: Florida Cottage
- Construction: Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
- Exterior Const.: 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 Size (Sq. Ft.): 6,534
- Lot Dimensions: 75 x 29 x 105 x 61 x 62
- Street/Road Desc.: Paved
- Lot Features: Aerials/Topo Availbl, Survey Available, Within 1/2 Mile to Water, Wooded
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water Front Type: Pond
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $1,890
- Tax Amount: $10,676.2
- 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
- APN: 14-3S-19-25403-000-0560
- Property ID: 14-3S-19-25403-000-0560
Listed by Watersound Real Estate
Sold by Scenic Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 318 East Royal Fern 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 | 3.1 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 2.4 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 5.3 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 318 East Royal Fern Way
Date
Details
Price
Change
Source
4/29/2026
Sold
$2,600,000
-1.7%
MLS
1/26/2026
Price Reduced
$2,645,000
-5.37%
MLS
11/07/2025
Listed
$2,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 E Royal Fern Way, Santa Rosa Beach, FL 32459 (MLS# 989221) is a Single Family property that was sold at $2,600,000 on April 29, 2026. Want to learn more about 318 E Royal Fern 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.

