144 Royal Fern Way, Santa Rosa Beach
MLS® # 1013856
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.
Electric, Public Sewer, Public Water, TV Cable
Breakfast Bar, In-Law Floorplan, Kitchen Island, Pantry, Washer/Dryer Hookup
Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
Balcony, Private Yard, Pavillion/Gazebo, Outdoor Kitchen
Corner Lot, Covenants, Restrictions, Within 1/2 Mile to Water
Plantation Shutters, Window Treatments
Deed Restrictions, Resid Single Family
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.