138 Red Cedar Way, Santa Rosa Beach

$3,650,000

5 Beds
6 Baths
4,090 Sqft
0 Acre
0 Garage

Priced at almost 20% below the average square foot price of all listed homes in WaterColor, this home is waiting for buyers that fit many profiles. Never rented and owned by only two families it has been beautifully maintained and recently updated with interior painting, furnishings and an updated kitchen with top of the line appliances. With four king bedrooms and a six bed bunk room - all with ensuite baths, this home will sleep 14 with two additional flex rooms and a full bath. The home has primary suites on the first and second floors. It is situated steps from Camp Watercolor yet located overlooking peaceful views of natural landscape and sunset views from very generously sized porches. Sold fully furnished this home is move-in ready. Drawings for pool available. Two additional bonus rooms with access to a full bath allow more options. Located steps from Camp WaterColor, sunset views from huge porches and plans for a pool, this home has it all

Essential Information
MLS® #979766
Price$3,650,000
Sold Price$3,550,000
Date Sold$2025-11-11
Bedrooms5
Bathrooms6.00
Full Baths6
Square Footage4,090
Year Built2005
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusSold
Community Information
Address138 Red Cedar Way
Area18 - 30A East
SubdivisionWATERCOLOR
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Utilities

Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air
FireplaceYes
FireplacesFireplace Gas
# of Stories2
Interior Features

Breakfast Bar, Beamed Ceilings, Vaulted Ceiling(s), Fireplace 2+, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater, Tankless Water Heater

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
RoofMetal
ConstructionFrame, Siding CmntFbrHrdBrd
Lot Description

Covenants, Restrictions, Survey Available

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website475
ZoningResid Single Family
Office

Scenic Sotheby's International Realty

Property History
Price Reduced from $3,750,000 to $3,650,000
Price Reduced from $3,950,000 to $3,750,000
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Listing information last updated on October 15th, 2026 at 2:37am CDT.