No photo available
$4,865,000
Property Description
51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design. Designed with a reverse floor plan to maximize light and views, the interiors are defined by antique wood flooring, soaring 12-foot ceilings, and exposed beams that add warmth and architectural character. The first level features three well-appointed guest bedrooms, each with its own ensuite bath, along with a bunk room that offers flexible accommodations for family and visitors. A spacious, light-filled living area on this level includes an alcove ideal for dining, games, or a secondary lounge space, with access to wraparound porches that make indoor-outdoor living seamless. The second level serves as the heart of the home, where an open-concept kitchen, living, and dining area creates an inviting space for gathering. The gourmet kitchen features a generous island with breakfast bar seating, ample cabinetry, and easy flow into the dining area, accommodating both everyday living and entertaining. Just beyond, wraparound deck space extends the living area outdoors. The primary suite is also located on this level, offering balcony access and a marble-clad bathroom designed as a private retreat. An additional full bath on this floor functions conveniently as a powder bath or guest bath. On the third level, an indoor-outdoor living space opens to partial views of WaterColor's Town Center and glimpses of the Gulf, creating an elevated setting for sunset conversations or quiet mornings. Multiple levels of outdoor deck space throughout the home provide ample room to relax, dine, and enjoy the coastal breeze. The detached carriage house offers additional privacy and flexibility, complete with a basic kitchenette, sitting area, flat-screen TV, and full bathroom, ideal for guests or extended stays. Additional highlights include a screened-in porch with outdoor dining and grill, a two-car garage, and an in-home Peloton stationary bike for an immersive, high-energy workout experience. Offering proximity to WaterColor's renowned pools, trails, dining, and beach access, 51 Mystic Cobalt Street blends architectural character, versatile living spaces, and an exceptional location within one of 30A's most sought-after communities.
Full Property Details
Full Property Details for 51 Mystic Cobalt St
General
- Price: $4,865,000
- Taxes: $29,711 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 998160
- Updated: 4/13/2026
- Added to Site: 33 day(s) ago
Rental Information
- Complex Features: Pickle Ball, Beach, Dock, Exercise Room, Fishing, Golf, Pets Allowed, Playground, Pool, Tennis, TV Cable, Waterfront
Interior
- Number of Rooms: 15
- Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Guest Quarters, Kitchen Island, Lighting Recessed, Wallpaper, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Washer
- Furnishings: Furnished - Some
- Flooring: Floor Hardwood, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Shower
- Porch/Patio/Deck: Porch, Porch Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Other
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: WATERCOLOR
- Driving Directions: From Highway 98, turn south onto CR 283. Left at 30A. Left onto Mystic Cobalt. Home is on left.
School Information
- Elementary School: Bay
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Master Association, Recreational Faclty, Cable TV
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating/Cooling: Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water, TV Cable
Structural Information
- Architectural Style: Florida Cottage
- Construction: Siding CmntFbrHrdBrd, Trim Wood
- Exterior Const.: Siding CmntFbrHrdBrd, Trim Wood
- Stories/Levels: 3
- Square Feet: 3,918
- Sq. Ft. Source: Agent-Measured
- Year Built: 2006
Additional Structures
- Other Structures: Guest Quarters
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Dimensions: 49 x 38 x 128
- Street/Road Desc.: Paved
- Lot Features: Corner, Covenants, Curb & Gutter, Restrictions, Within 1/2 Mile to Water
- Zoning: Deed Restrictions, Resid Single Family
Water Features
- Water View: Yes
Financial Considerations
- Assessment Amount: $1,890
- Tax Amount: $29,711.43
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 1 COTTAGE DISTRICT AT WATERCOLOR OR 2299-1162 OR 2477-1011 OR 2812-4600
- APN: 15-3S-19-25402-000-0010
- Property ID: 15-3S-19-25402-000-0010
Listed by Scenic Sotheby's International Realty
Get Pre-Approved Today
Schools
Schools serving 51 Mystic Cobalt St
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 4.4 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 3 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 4.6 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 51 Mystic Cobalt St
Date
Details
Price
Change
Source
3/17/2026
Listed
$4,865,000
152.73%
MLS
12/03/2014
Sold
$1,925,000
—
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 51 Mystic Cobalt St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,951
—
$3,491,624
14%
2024
$27,951
1%
$3,059,992
-1%
2023
$27,540
44%
$3,086,254
56%
2021
$19,089
-24%
$1,972,115
-27%
2022
$25,124
32%
$2,711,036
44%
2021
$19,089
4%
$1,883,921
2%
2019
$18,426
3%
$1,855,364
4%
2018
$17,865
1%
$1,791,672
1%
2017
$17,666
2%
$1,782,383
3%
2016
$17,361
2%
$1,734,983
4%
2015
$17,013
11%
$1,673,750
12%
2014
$15,361
7%
$1,490,035
8%
2013
$14,332
—
$1,381,653
—
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 51 Mystic Cobalt St
51 Mystic Cobalt Street, Santa Rosa Beach, FL 32459 (MLS# 998160) is a Single Family property with 5 bedrooms and 6 full bathrooms. 51 Mystic Cobalt Street is currently listed for $4,865,000 and was received on March 17, 2026. Want to learn more about 51 Mystic Cobalt Street? 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.
