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$4,450,000 Sale Pending
Property Description
The newest home in Phase 1 of WaterColor, 657 Western Lake Drive offers a rare opportunity to own what essentially lives as a brand-new home in the most established and sought-after section of the community. Completed in January 2025 following a comprehensive top-to-bottom rebuild, every aspect of the home has been thoughtfully redesigned and reconstructed with high-quality materials, modern systems, and refined coastal finishes--creating a residence that feels entirely new in the heart of original WaterColor. Perfectly positioned overlooking Western Lake and directly along the WaterColor walking trails, the home places you in the center of the community's most iconic amenities. Cerulean Park, the LakeHouse, Boathouse, and Marina Pool are just steps away, while the WaterColor Beach Club, Gulf-front pools, the beach, the WaterColor Inn, and the shops and restaurants along 30A are all conveniently nearby. Tennis and pickleball courts, the future fitness center, Camp WaterColor, and the Frog Pool are also easily accessible, while the boutiques and dining of Seaside are just a short bike ride away along the scenic 30A path, or a quick walk down the "secret path". The nearly 3,100-square-foot home offers four bedrooms and four-and-a-half bathrooms, along with four covered decks designed to capture views of Western Lake and the surrounding natural landscape. Two screened rear decks connect seamlessly to the living room and primary suite through folding-glass doors, expanding both spaces and creating an exceptional indoor-outdoor living experience. Inside, the home showcases elevated craftsmanship throughout, including white oak hardwood flooring, custom white oak staircases and ceiling treatments, vaulted ceilings with exposed beams, and detailed nickel-gap shiplap and board-and-batten walls. Gas fireplaces anchor both the living room--finished in Venetian plaster--and the primary suite, which features a beautifully designed vaulted ceiling with white oak beam detailing. The chef's kitchen is designed for both everyday living and entertaining, featuring custom cabinetry by Grimes Cabinets, a walk-in pantry with built-in white oak wine storage, and a fully panelized Thermador appliance suite including a 36-inch six-burner gas range, double ovens, a 42-inch refrigerator, wine refrigerator, dishwasher, and four refrigerated drawers. Additional upgrades include all-new electrical, plumbing, and HVAC systems with two Bosch units, spray foam insulation, a tankless water heater, and Marvin Ultimate StormPlus hurricane-rated windows and doors. Exterior improvements include HardiePlank siding, a standing seam metal roof, Ipe decking across the covered porches, a paver driveway, new landscaping and irrigation, a gas fire pit, outdoor grill station, and dedicated golf cart parking with a charging station. With its rare "like-new" rebuild, exceptional craftsmanship, and premier Phase 1 location near WaterColor's most sought-after amenities, this home offers an extraordinary opportunity to experience the very best of the WaterColor lifestyle.
Full Property Details
Full Property Details for 657 Western Lake Dr
General
- Price: $4,450,000
- Taxes: $28,747 (2025)
- Status: Pending
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 999623
- Updated: 4/13/2026
- Added to Site: 13 day(s) ago
Rental Information
- Complex Features: Beach, Community Room, Dock, Exercise Room, Fishing, Playground, Pool, Tennis, Waterfront
Interior
- Number of Rooms: 8
- Interior Features: Ceiling Vaulted, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
- Flooring: Floor Hardwood, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Porch, Porch Screened
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: WATERCOLOR
- Driving Directions: From the WaterColor Town Center go north towards the Boathouse and turn right (east) on Western Lake Drive and the home is 6 homes down on the left (lakeside)
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Internet Service, Management, 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
Structural Information
- Architectural Style: Beach House
- Construction: Frame, Siding CmntFbrHrdBrd
- Exterior Const.: Frame, Siding CmntFbrHrdBrd
- Stories/Levels: 2
- Square Feet: 3,080
- Sq. Ft. Source: Building Plan
- Year Built: 2025
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Dimensions: 51 x 100 x 57 x 100
- Frontage: Private Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lake
Financial Considerations
- Assessment Amount: $1,890
- Tax Amount: $28,747.11
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Lot 7 Lake District At Watercolor Pb 14-33 Or 2305-1372 Or 2650-960 Or 2803-2914 Or 3109-545 Or 3193-1766
- APN: 15-3S-19-25405-000-0070
- Property ID: 15-3S-19-25405-000-0070
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 657 Western Lake Dr
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 4.2 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 2.8 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 657 Western Lake Dr
Date
Details
Price
Change
Source
4/02/2026
Listed
$4,450,000
85.42%
MLS
4/12/2021
Sold
$2,400,000
—
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 657 Western Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,187
—
$3,181,504
160%
2024
$11,187
-47%
$1,224,740
-48%
2023
$21,284
32%
$2,342,441
36%
2021
$16,180
-25%
$1,719,467
-26%
2022
$21,629
34%
$2,333,907
58%
2021
$16,180
19%
$1,476,972
14%
2019
$13,574
16%
$1,293,512
10%
2018
$11,725
-21%
$1,175,920
-23%
2017
$14,773
5%
$1,526,123
3%
2016
$14,036
6%
$1,478,758
6%
2015
$13,225
7%
$1,391,593
7%
2014
$12,384
20%
$1,297,726
31%
2013
$10,293
—
$992,237
—
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 657 Western Lake Dr
657 Western Lake Drive, Santa Rosa Beach, FL 32459 (MLS# 999623) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 657 Western Lake Drive is currently listed for $4,450,000 and was received on April 02, 2026. Want to learn more about 657 Western Lake 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.
