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$2,595,000 Sale Pending
Property Description
Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features. Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network: multiple pools, tennis and pickleball courts, fitness center, Camp Watercolor lazy river, nature trails, and a direct path with deeded access to the WaterColor Beach Club. Reclaimed 126-year-old Heart of Pine hardwood floors carry through every room, lending warmth and continuity throughout. Upstairs, 20-foot vaulted ceilings open above a living room anchored by a fireplace, while the kitchen is outfitted for serious use: solid wood self-closing cabinetry, a large walk-in pantry, granite countertops, twin stainless steel dishwashers, dual sinks, a Wolf gas range, and a Sub-Zero refrigerator. The layout flows naturally into dining and outdoor spaces, making the home as functional as it is comfortable. Outdoor living is the star here. The front balcony and patio both offer swinging daybeds overlooking green space and the trail system. At the back of the home, a large deck provides the footprint for expanded entertaining or Design Board tentatively approved additional bedrooms. A fully screened carriage house connects directly to the kitchen and dining spaces and converts easily into an additional private guest suite or full mother-in-law unit overlooking a private yard primed for a sizable pool -- rare in WaterColor at any price. Below, covered two-car parking and bike storage complete the structure. Opportunities at this price point, with the flexibility for immediate use, personalization, or near doubling of existing square footage (deck buildout and carriage house suite) and a pool have largely disappeared from anywhere within WaterColor.
Full Property Details
Full Property Details for 35 Rain Lily Lane
General
- Price: $2,595,000
- Taxes: $23,989 (2025)
- Status: Pending
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 999749
- Updated: 4/13/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront
Interior
- Number of Rooms: 9
- Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Vaulted, Fireplace 2+, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Hardwood, Floor Marble
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Patio Covered, Patio Open, Porch
Parking
- Parking Features: Carport, Oversized
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: WATERCOLOR
- Driving Directions: From the intersection of Hwy 98 and Hwy 395 travel south on 395 to the light in front of Publix. Make a right into WaterColor. Turn right onto Lake Forest Drive, cross over the wooden bridge and continue to Sand Hill Circle. Take either side of Sand Hill Circle to High Street. Follow High Street until you see Flatwood St on the right. Turn right onto Flatwood st then a left onto Rain Lily Lane.
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Management, Master Association, Recreational Faclty, Security, Cable TV
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water
Structural Information
- Architectural Style: Beach House
- Construction: Siding CmntFbrHrdBrd
- Exterior Const.: Siding CmntFbrHrdBrd
- Stories/Levels: 2
- Square Feet: 2,611
- Sq. Ft. Source: Building Plan
- Year Built: 2007
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Dimensions: 55 x 110
- Frontage: Private Road
- Street/Road Desc.: Paved
- Lot Features: Survey Available, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Green Features
- Energy Efficient: Doors
Financial Considerations
- Assessment Amount: $1,560
- Tax Amount: $23,989.86
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Lot 7 Cerulean Landing At Watercolor Pb 15-60 Or 2635- 357 Or 2798-3597
- APN: 15-3S-19-25422-000-0070
- Property ID: 15-3S-19-25422-000-0070
Listed by Christies International Real Estate Emerald Coast
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Schools
Schools serving 35 Rain Lily Lane
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 4.1 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 2.6 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 4.4 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 35 Rain Lily Lane
Date
Details
Price
Change
Source
4/04/2026
Listed
$2,595,000
98.85%
MLS
7/30/2008
Sold
$1,305,000
—
Public Record
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
Tax History for 35 Rain Lily Lane
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,168
—
$2,662,957
-1%
2024
$23,168
8%
$2,682,481
4%
2023
$21,534
23%
$2,576,300
42%
2021
$17,506
-16%
$1,808,561
-29%
2022
$20,831
19%
$2,535,520
54%
2021
$17,506
10%
$1,648,735
3%
2019
$15,889
2%
$1,599,928
2%
2018
$15,587
5%
$1,563,169
2%
2017
$14,789
12%
$1,527,301
15%
2016
$13,234
5%
$1,322,550
5%
2015
$12,632
5%
$1,259,075
4%
2014
$12,036
9%
$1,215,155
10%
2013
$11,007
—
$1,101,905
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 35 Rain Lily Lane
35 Rain Lily Lane, Santa Rosa Beach, FL 32459 (MLS# 999749) is a Single Family property with 3 bedrooms, 3 full bathrooms and 1 partial bathroom. 35 Rain Lily Lane is currently listed for $2,595,000 and was received on April 04, 2026. Want to learn more about 35 Rain Lily Lane? 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.
