40 String Lily Cove Cove, Santa Rosa Beach, FL 32459 - Photo 1

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$1,299,000

For Sale
Active
Residential Lots
0.14 Acres
Updated 13 days ago

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Property Description

Beautiful Phase 5 homesite in Watercolor. The newest section of Watercolor is a rental restricted neighborhood with its own pool and access to all of the amazing Watercolor amenities. This lot backs up to green space and is located on a cul de sac.

Full Property Details

Full Property Details for 40 String Lily Cove Cove

General

Price: $1,299,000
Taxes: $9,612 (2023)
Status: Active
Type: Residential Lots
Source: Emerald_Coast
MLS ID: 954589
Updated: 6/26/2026
Added to Site: 544 day(s) ago

Rental Information

Complex Features: Beach, Deed Access, Dock, Fishing, Minimum Rental Prd, Pets Allowed, Playground, Pool, Tennis, Waterfront

Location

Area: 18 - 30A East
County: Walton
Subdivision: Watercolor
Driving Directions: Phase 5 of Watercolor, off of Hwy 395

School Information

Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton

Community

Association: Yes
Assoc. Fees Include: Land Recreation, Master Association, Cable TV, Trash

Utilities

Sewer: Community Sewer
Utility Description: Community Water

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,098.4
Lot Dimensions: 51 x 122 x 60 x 107
Frontage: Private Road
Street/Road Desc.: Paved Road
Zoning: Resid Single Family

Financial Considerations

Price Per Acre: $9,278,571.43
Assessment Amount: $1,020
Tax Amount: $9,612.22
Tax Year: 2023

Disclosures and Reports

Legal Description: LOT 40 PARK DISTRICT AT WATERCOLOR PB 22-94 OR 3177-3247
APN: 14-3S-19-25405-000-0400
Property ID: 14-3S-19-25405-000-0400

Listed by Berkshire Hathaway HomeServices

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— 40 String Lily Cove Cove —

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Schools

Schools serving 40 String Lily Cove Cove

School District:Walton County School District

Name	Grades	Distance
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459	K-5	3.5 mi
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459	6-8	2.2 mi
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459	9-12	4.7 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 String Lily Cove Cove Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/31/2025

Price Reduced

$1,299,000

-3.78%

MLS

7/16/2024

Price Increased

$1,350,000

3.85%

MLS

7/13/2024

Listed

$1,300,000

—

MLS

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.

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40 String Lily Cove Cove, Santa Rosa Beach, FL 32459 (MLS# 954589) is a Residential Lots property with a lot size of 0.14 acres. 40 String Lily Cove Cove is currently listed for $1,299,000 and was received on January 12, 2025. Want to learn more about 40 String Lily Cove Cove? Do you have questions about finding other Residential Lots 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.

40 String Lily Cove Cove Santa Rosa Beach, FL 32459