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For sale
  • Price cut: $200K (8/11)
    $3,750,000

    138 Red Cedar Way, Santa Rosa Beach, FL 32459

    5beds
    4,090sqft
    : 
    Single Family Residence
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $917/sqft
    $503/mo HOA

    What's special

    Four king bedroomsSix bed bunk roomSunset viewsUpdated kitchenVery generously sized porchesEnsuite baths
    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
    60 days
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    Zillow last checked: 7 hours ago

    Listing updated: August 11, 2025 at 01:18am

    Listed by:

    Bernadette Flannery 850-226-3020,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 979766MLS LogoOriginating MLS: Emerald Coast
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 138 Red Cedar Way.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Primary bedroom
    • Features: MBed Balcony, MBed Fireplace
    • Level: Second
    Primary bathroom
    • Features: Double Vanity, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • AC - 2 or More, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Gas Range, Washer, Wine Refrigerator, Gas Water Heater, Tankless Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Beamed Ceilings, Vaulted Ceiling(s), Pantry, Split Bedroom, Woodwork Painted, Bedroom, Bunk Room, Dining Area, Kitchen, Living Room, Master Bedroom
    • Flooring: Hardwood, Tile
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Fireplace 2+, Gas
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,090
    • Total interior livable area: 4,090 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Open
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Porch Screened
    • Exterior features: Balcony, Tennis
    • Pool features: Community
    • Has spa: Yes
    • Spa features: MBath Whirlpool
    • Waterfront features: Beach, Waterfront
    Lot
    • Dimensions: 62' x 110' x 83' x 109'
    • Features: Covenants, Restrictions, Survey Available
    Details
    • Parcel number: 153S19254150000130
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Frame, Siding CmntFbrHrdBrd
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Cable Connected

    Community & HOA

    Community
    • Features: Community Room, Fitness Center, Fishing, Picnic Area, Playground, Pool, TV Cable
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Watercolor
    HOA
    • Has HOA: Yes
    • Services included: Accounting, Maintenance Grounds, Internet, Legal, Licenses/Permits, Management, Maintenance Structure, Security, Trash, Cable TV
    • HOA fee: $1,510 quarterly
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $917/sqft
    • Tax assessed value: $3,264,588
    • Annual tax amount: $24,683
    • Date on market: 6/27/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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