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$2,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 2,749 Sq. Ft.
  • Updated 1 day ago
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Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership. The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony. Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles. Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal. Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.

Full Property Details for 5 Red Basil Drive

General

  • Price: $2,500,000
  • Taxes: $16,806 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1008482
  • Updated: 7/25/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Exercise Room, Golf, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront

Interior

  • Number of Rooms: 9
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Pantry, Upgraded Media Wing, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Gas, Water Heater - Tnkls
  • Furnishings: Furnished - All
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool Type

Exterior

  • Exterior Features: Separate Living Area, Shower, Sprinkler System
  • Porch/Patio/Deck: Deck Open, Porch Screened

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Golf Cart Enclosed

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: WATERCOLOR
  • Driving Directions: Directions: From Hwy 98, head south on Hwy 395 toward WaterColor. Continue straight through the traffic light at WaterColor Crossings, then turn left onto East Royal Fern Way. Make the first left onto Wisteria Way, then right onto Sunflower Street. Red Basil Drive will be on your right, and the home is located at 5 Red Basil Drive on the corner of Sunflower and Red Basil.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Internet Service, Land Recreation, Recreational Faclty, Security, 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, Phone, Public Water, TV Cable, Underground

Structural Information

  • Architectural Style: Beach House
  • Construction: Frame, Roof Pitched, Siding CmntFbrHrdBrd
  • Exterior Const.: Frame, Roof Pitched, Siding CmntFbrHrdBrd
  • Stories/Levels: 2
  • Square Feet: 2,749
  • Sq. Ft. Source: County PA Records
  • Year Built: 2013

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Dimensions: 45 x 106 x 32 x 107
  • Frontage: Private Road
  • Lot Features: Corner, Covenants, Irregular
  • Zoning: Resid Single Family

Green Features

  • Energy Efficient: Doors

Financial Considerations

  • Assessment Amount: $1,840
  • Tax Amount: $16,806.38
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 94 SUMMERSWEET PLACE AT WATERCOLOR PB 16-95 OR 2710-4066 OR 2719-3882 OR 2901-442 OR 2918-2968 OR 3156-2087 OR 3298-768
  • APN: 14-3S-19-25404-000-0940
  • Property ID: 14-3S-19-25404-000-0940

Listed by Rising Star Real Estate Inc

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Listing agent

— 5 Red Basil Drive —

  • Rising Star Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5 Red Basil Drive

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-53.3 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
9-125.1 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 5 Red Basil Drive Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/25/2026
Listed
$2,500,000
12.36%
MLS
8/03/2023
Sold
$2,225,000
—
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 5 Red Basil Drive

Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,806
—
$1,809,523
-2%
2024
$16,806
23%
$1,839,919
—
2023
$13,609
12%
$1,839,919
18%
2022
$12,134
27%
$1,555,815
57%
2021
$9,573
—
$988,978
18%
2021
$9,573
19%
$838,031
4%
2019
$8,039
6%
$806,090
10%
2018
$7,568
15%
$732,809
10%
2017
$6,603
2%
$666,190
3%
2016
$6,497
3%
$649,297
4%
2015
$6,335
8%
$623,227
10%
2014
$5,844
446%
$566,897
449%
2013
$1,071
—
$103,241
—
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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NMLS#: 1598647

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Listed by Rising Star Real Estate Inc

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5 Red Basil Drive, Santa Rosa Beach, FL 32459 (MLS# 1008482) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 5 Red Basil Drive is currently listed for $2,500,000 and was received on July 25, 2026. Want to learn more about 5 Red Basil Drive? 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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