Welcome to your dream coastal retreat in the heart of WaterColor, Florida! 37 Royal Fern Way is situated on an expansive lot in WaterColor, the property offers a unique opportunity to add significant value. There is ample room to construct a garage and a charming carriage house, enhancing both functionality and property value. The home features a large front porch with a cozy swing bed, perfect for enjoying the coastal breeze. The expansive back porch provides additional outdoor living space, ideal for dining al fresco or relaxing after a day at the beach. This property offers your own private oasis as you will enjoy the luxury of having one of the largest private pools in WaterColor right in your backyard, a perfect spot for relaxation and entertaining. The adjacent hot tub offers a serene place to unwind, while the outdoor shower adds convenience after beach outings. With a peaceful setting, the property backs onto a tranquil wooded area, providing privacy and a picturesque natural backdrop. This exquisite 4-bedroom, 3.5-bathroom beach house offers the perfect blend of luxury, comfort, and potential for future enhancements. WaterColor is a highly sought-after vacation destination, and this property has a strong track record of rental income. Investing in this home not only provides a luxurious personal retreat but also offers the opportunity for substantial rental revenue. With four generously sized bedrooms including a first-floor mini master suite with an ensuite bath, a second floor master suite with large master bath to include a water closet, dual vanities, a soaking tub and stand-alone shower, an additional 2nd floor guest bedroom and a dedicated bunkroom that comfortably accommodates six, making this property perfect for hosting additional guests or creating a fun space for children and a 3rd full bathroom completes the upstairs. This 2,362 square foot home provides ample space for family and guests. The residence boasts high ceilings and gleaming wood floors throughout, creating an airy and inviting atmosphere. The home's design emphasizes natural light, creating bright and cheerful living spaces. Culinary enthusiasts will appreciate the modern kitchen equipped with granite countertops and stainless steel appliances, a central work island, and a breakfast bar, ideal for casual dining and entertaining. For more formal gatherings, the home features a dedicated dining room that offers a refined space to host family dinners and celebrations. This residence is being sold fully furnished, allowing you to move in and start enjoying the WaterColor lifestyle immediately. This property is located in the resort neighborhood of Watercolor, nestled between the stunning Gulf coastline and serene Western Lake. WaterColor offers a unique blend of beach and lakefront living and is renowned for its beautifully preserved natural landscapes. As a resident of WaterColor, you will have access to an array of exceptional upscale amenities. WaterColor is home to 9 community pools, including three offering unobstructed Gulf views at the Watercolor Beach Club and three at Camp WaterColor featuring two pools with slides, a lazy river, playground, and basketball court. Throughout Watercolor you will find 5 miles of hiking and biking trails, multiple park areas and several docks that are great to let the kids fish in. The community is designed to have a small-town feel and is perfect for exploring on foot or by bike. Quaint streets and pathways connect homes to the community's parks, lush green spaces and shops. Resident also have access to both tennis and pickle ball courts and a pro shop with tennis gear. Private lessons, group clinics and other activities are available throughout the year. The community also includes access to a boathouse on Western Lake with paddle boards, kayaks and fishing equipment; an outdoor amphitheater; a lakeside pool; and a bike barn. This property is more than just a home; it is an opportunity to embrace the coveted WaterColor lifestyle while adding your personal touch. Don't miss the chance to make this exceptional beach house your own!
Sold for $2,475,000 on 03/31/25
$2,475,000
37 Royal Fern Way, Santa Rosa Beach, FL 32459
4beds
2,362sqft
Single Family Residence
Built in 2007
-- sqft lot
$2,465,000 Zestimate®
$1,048/sqft
$5,006 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 31, 2025 at 09:27am
Listed by:
Ron Romano 850-231-9007,
The Beach Group Properties LLC
Bought with:
Polakoff Group
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 968336
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Cathedral Ceiling(s), Walk-In Closet(s)
- Level: Second
Primary bathroom
- Features: MBath Cultured Mrble, Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Gas Range, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Bookcases, Crown Molding, High Ceilings, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Owner's Closet, Woodwork Painted, Bedroom, Dining Area, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Flooring: Hardwood
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,362
- Total interior livable area: 2,362 sqft
Property
Features
- Stories: 2
- Patio & porch: Patio Open, Porch Open
- Exterior features: Hot Tub, Outdoor Shower, Tennis
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Has spa: Yes
- Fencing: Back Yard
- Waterfront features: Beach, Waterfront
Lot
- Dimensions: 120 x 54 x 120 x 83
- Features: Covenants, Restrictions, Within 1/2 Mile to Water, Deed Access
Details
- Parcel number: 143S19254000000320
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Fishing, Pickleball, Picnic Area, Playground, Pool, TV Cable
Location
- Region: Santa Rosa Beach
- Subdivision: Watercolor
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,510 quarterly
- Services included: Maintenance Grounds, Internet, Security, Trash, Cable TV
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,465,000
2% more+ $49,300
With Zillow Showcase(estimated)
$2,514,300