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$8,000,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 5 Full Baths
  • 5,768 Sq. Ft.
  • Updated 1 day ago
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Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

Full Property Details for 40 Chapman Oak Way

General

  • Price: $8,000,000
  • Taxes: $36,270 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1006685
  • Updated: 7/1/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Pickle Ball, Beach, Community Room, Dock, Pets Allowed, Pool, Tennis, TV Cable

Interior

  • Number of Rooms: 11
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Vaulted, Fireplace, Guest Quarters, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas, Fireplace
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Double, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Washer, Water Heater - Tnkls
  • Furnishings: Furnished - All
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Pool - Enclosed, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
  • Porch/Patio/Deck: Deck Covered, Patio Covered, Patio Enclosed, Patio Op

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage Detached

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: WATERCOLOR
  • Driving Directions: From the Watercolor Crossings intersection turn left onto Lake Forest Drive, left on Pine Needle Way and then right onto Chapman Oak Way

School Information

  • Elementary School: Bay
  • Middle School: Emerald Coast
  • High School: South Walton

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Internet Service, Land Recreation, Cable TV, Trash

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, TV Cable

Structural Information

  • Architectural Style: Beach House
  • Construction: Concrete, Siding CmntFbrHrdBrd
  • Exterior Const.: Concrete, Siding CmntFbrHrdBrd
  • Stories/Levels: 3
  • Square Feet: 5,768
  • Sq. Ft. Source: County PA Records
  • Year Built: 2014

Additional Structures

  • Other Structures: Guest Quarters

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Dimensions: 36 x 122 x 142 x 126
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Curb & Gutter
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Financial Considerations

  • Assessment Amount: $1,890
  • Tax Amount: $36,270.02
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 45 CYPRESS COVE AT WATERCOLOR S/D PB 15-44 OR 2576-1285 OR 2612-1446 OR 2708-6062 OR 2851-4057 OR 2867-3937 OR 2900-1870 OR 2960-2232
  • APN: 14-3S-19-25400-000-0450
  • Property ID: 14-3S-19-25400-000-0450

Listed by Watersound Real Estate

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— 40 Chapman Oak Way —

  • Watersound Real Estate

  • Watersound Real Estate

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Chapman Oak Way

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-53.5 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-82.5 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-125 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 40 Chapman Oak Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2026
Listed
$8,000,000
213.73%
MLS
9/19/2014
Sold
$2,550,000
—
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 40 Chapman Oak Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,199
10%
$4,861,202
9%
2023
$31,907
35%
$4,442,152
66%
2021
$23,675
-13%
$2,671,491
-23%
2022
$27,183
15%
$3,473,665
53%
2021
$23,675
30%
$2,265,916
23%
2019
$18,264
2%
$1,839,112
3%
2018
$17,845
7%
$1,789,716
7%
2017
$16,603
2%
$1,675,182
3%
2016
$16,321
3%
$1,630,997
4%
2015
$15,879
408%
$1,562,150
404%
2014
$3,123
12%
$309,750
15%
2013
$2,783
—
$268,250
—
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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40 Chapman Oak Way, Santa Rosa Beach, FL 32459 (MLS# 1006685) is a Single Family property with 6 bedrooms and 5 full bathrooms. 40 Chapman Oak Way is currently listed for $8,000,000 and was received on July 01, 2026. Want to learn more about 40 Chapman Oak 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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