265 Western Lake Drive, Santa Rosa Beach

$4,125,000

5 Beds
6 Baths
2,821 Sqft
.17 Acre
1 Garage

Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.

The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.

With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.

Essential Information
MLS® #995896
Price$4,125,000
Sold Price$4,075,000
Date Sold$2026-03-25
Bedrooms5
Bathrooms6.00
Full Baths5
Half Baths1
Square Footage2,821
Acres0.17
Year Built2006
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address265 Western Lake Drive
Area18 - 30A East
SubdivisionWATERCOLOR
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
# of Garages1
Has PoolYes
PoolIn Ground
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
CoolingCentral Air
FireplaceYes
FireplacesEPA Qualified Fireplace
# of Stories2
Interior Features

Breakfast Bar, In-Law Floorplan, Kitchen Island, Pantry, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater

Exterior Features

Balcony, Private Yard, Pavillion/Gazebo, Outdoor Kitchen

Lot Description

Corner Lot, Covenants, Restrictions, Within 1/2 Mile to Water

Windows

Plantation Shutters, Window Treatments

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website238
Zoning

Deed Restrictions, Resid Single Family

Office

Scenic Sotheby's International Realty

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 16th, 2026 at 8:22pm CDT.