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$2,630,000

  • Sold
  • Closed
  • Single Family
  • 3 Beds
  • 4 Full Baths
  • 2,496 Sq. Ft.
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Welcome to 782 Western Lake Drive, a custom-designed coastal retreat in the coveted Lake District Phase I of Watercolor! Built by Ralph Gage Contracting with superior structural integrity, this stunning 3-bedroom, 4-bathroom home has been recently renovated to offer the ultimate luxury and comfort.Step inside through one of three elegant 10' custom Mahogany double doors to discover an open-concept living space with 11' ceilings, hardwood floors, and beautifully tiled baths. The updated kitchen boasts gorgeous countertops, custom-built cabinetry, and a seamless flow to the dining and living areas, which open onto a screened porch--perfect for entertaining indoors and out. Upstairs, two additional bedrooms with private baths and a versatile bonus/media room provide ample space for family and guests. This home comfortably sleeps 10, making it ideal as a primary residence, vacation home, or rental property. Additional features include a two-car garage with enclosed storage, attic space, and sitting areas on both levels for cozy gatherings. Located in WaterColor's highly sought-after Phase I Lake District, this home is steps away from the beach, WaterColor Beach Club, tennis courts, the BoatHouse, and the vibrant Seaside town center. Residents enjoy various amenities, including Gulf-front and lakeside pools, nature trails, canoeing, and easy local shopping and dining access. Embrace the relaxed coastal lifestyle in one of WaterColor's most desirable neighborhoods, where muted color schemes blend seamlessly with the natural surroundings. Don't miss this rare opportunity to own a piece of paradise!

Full Property Details for 782 Western Lake Dr

General

  • Sold For: $2,630,000
  • Status: Closed
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 953243
  • Added to Site: 565 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Bonus Room, Dining Area, Great Room, Kitchen, Master Bedroom
  • Interior Features: Floor Hardwood, Furnished - All
  • Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Great Room: Great Room
  • Kitchen: Kitchen

Additional Information

  • Shared Amenities: Beach, Deed Access, Dock, Exercise Room, Fishing, Pickle Ball, Pool, Short Term Rental - Allowed, Tennis
  • Pool: Yes

Exterior

  • Exterior Features: Balcony, BBQ Pit/Grill, Patio Covered, Patio Open, Shower

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: Watercolor
  • Driving Directions: From 98, head south on 395 and turn right onto 30A. Turn right onto Mystic Cobalt just past Seaside. Turn right onto Western Lake Dr. Home will be on the right.

School Information

  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric

Utilities

  • Utility Description: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Structural Information

  • Architectural Style: Florida Cottage
  • Stories/Levels: 2
  • Square Feet: 2,496
  • Sq. Ft. Source: County PA Records
  • Year Built: 2004

Lot Features

  • Lot Dimensions: 48 x 100 x 51 x 100
  • Zoning: Resid Single Family

Financial Considerations

  • Assessment Amount: $1,790
  • Assmt Payment Freq: Quarterly

Disclosures and Reports

  • Legal Description: LOT 42 LAKE DISTRICT AT WATER COLOR PB 14-33 OR 2411-1522 OR 2477-1829 OR 2629-1895 OR 2667 -143 OR 2781-4448 OR 2834-1364 OR 3012-1297
  • Assessment: Yes
  • APN: 15-3S-19-25405-000-0420

Listed by Latitude Resort Properties
Sold by Compass

Listing agents

— 782 Western Lake Dr —

  • Latitude Resort Properties

  • Latitude Resort Properties

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 782 Western Lake Dr

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-54.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-82.8 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-124.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 782 Western Lake Dr

Date
Details
Price
Change
Source
11/18/2025
Sold
$2,630,000
-3.84%
MLS
9/20/2025
Price Reduced
$2,735,000
-6.97%
MLS
11/25/2024
Price Increased
$2,940,000
7.3%
MLS
7/02/2024
Listed
$2,740,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Latitude Resort Properties
Sold by Compass

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782 Western Lake Drive, Santa Rosa Beach, FL 32459 (MLS# 953243) is a Single Family property that was sold at $2,630,000 on November 18, 2025. Want to learn more about 782 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.