3 Beds
4 Baths
2,611 SqFt
3 Beds
4 Baths
2,611 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,611 sqft
Price per Sqft $993
Subdivision Watercolor
MLS Listing ID 999749
Style Beach House
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $23,989
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 55x110
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 2611
Property Description
The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features.
Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network: multiple pools, tennis and pickleball courts, fitness center, Camp Watercolor lazy river, nature trails, and a direct path with deeded access to the WaterColor Beach Club.
Reclaimed 126-year-old Heart of Pine hardwood floors carry through every room, lending warmth and continuity throughout. Upstairs, 20-foot vaulted ceilings open above a living room anchored by a fireplace, while the kitchen is outfitted for serious use: solid wood self-closing cabinetry, a large walk-in pantry, granite countertops, twin stainless steel dishwashers, dual sinks, a Wolf gas range, and a Sub-Zero refrigerator. The layout flows naturally into dining and outdoor spaces, making the home as functional as it is comfortable.
Outdoor living is the star here. The front balcony and patio both offer swinging daybeds overlooking green space and the trail system. At the back of the home, a large deck provides the footprint for expanded entertaining or Design Board tentatively approved additional bedrooms. A fully screened carriage house connects directly to the kitchen and dining spaces and converts easily into an additional private guest suite or full mother-in-law unit overlooking a private yard primed for a sizable pool -- rare in WaterColor at any price. Below, covered two-car parking and bike storage complete the structure.
Opportunities at this price point, with the flexibility for immediate use, personalization, or near doubling of existing square footage (deck buildout and carriage house suite) and a pool have largely disappeared from anywhere within WaterColor.
Location
State FL
County Walton
Community Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront
Area 18 - 30A East
Zoning Resid Single Family
Direction From the intersection of Hwy 98 and Hwy 395 travel south on 395 to the light in front of Publix. Make a right into WaterColor. Turn right onto Lake Forest Drive, cross over the wooden bridge and continue to Sand Hill Circle. Take either side of Sand Hill Circle to High Street. Follow High Street until you see Flatwood St on the right. Turn right onto Flatwood st then a left onto Rain Lily Lane.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Kitchen true
Interior
Interior Features Breakfast Bar, Built-In Bookcases, Ceiling Vaulted, Fireplace 2+, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Hardwood, Floor Marble
Fireplaces Type Fireplace Gas
Furnishings Furnished - All
Fireplace Yes
Window Features Window Treatmnt Some,Storm Windows
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
Exterior
Exterior Feature Balcony, Open Patio, Covered Patio, Porch, Balcony
Parking Features Carport, Oversized
Pool Pool Type
Community Features Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront
Utilities Available Electric, Gas - Natural, Public Water
Roof Type Metal
Street Surface Paved
Porch Patio Covered, Patio Open, Porch
Road Frontage Private Road
Garage No
Building
Lot Description Survey Available, Within 1/2 Mile to Water
Faces From the intersection of Hwy 98 and Hwy 395 travel south on 395 to the light in front of Publix. Make a right into WaterColor. Turn right onto Lake Forest Drive, cross over the wooden bridge and continue to Sand Hill Circle. Take either side of Sand Hill Circle to High Street. Follow High Street until you see Flatwood St on the right. Turn right onto Flatwood st then a left onto Rain Lily Lane.
Story 2
Sewer Public Sewer
Architectural Style Beach House
New Construction No
Schools
Elementary Schools Dune Lakes
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Management,Master Association,Recreational Faclty,Security,Cable TV
Tax ID 15-3S-19-25422-000-0070
Miscellaneous Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features. Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network:
Virtual Tour https://my.matterport.com/show/?m=puAga8CY7zN&brand=0&mls=1&
Nearby Locations
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