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Sold for $1,300,000
  • $1,300,000

    72 String Lily Cv, Santa Rosa Beach, FL 32459

    --beds
    0baths
    5,662Square Feet
    Unimproved Land
    Built in ----
    5,662 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pit ensuring the ultimate indoor-outdoor coastal lifestyle. Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase. As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation. This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor. For more details or to schedule a site visit, contact us today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Spears Group 850-710-2114,

    Compass

    Bought with:

    Spears Group

    Compass

    Source: ECAOR,MLS#: 1002226MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 31 x 121 x 67 x 79
    • Features: Cleared, Cul-De-Sac, Within 1/2 Mile to Water
    Details
    • Parcel number: 143S19254050000370
    • Zoning description: Resid Single Family

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Beach, Short Term Rental - Not Allowed
    • Subdivision: WATERCOLOR
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Security, Cable TV
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Tax assessed value: $1,100,000
    • Annual tax amount: $9,776
    • Date on market: 5/4/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/1/2026Sold$1,300,000+2%
    Source: ECAOR #1002226 Report a problem
    5/4/2026Price change$1,275,000-1.8%
    Source: ECAOR #1002226 Report a problem
    7/24/2025Price change$1,299,000-16.2%
    Source: ECAOR #981605 Report a problem
    2/28/2025Listed for sale$1,550,000
    Source: ECAOR #969837 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,776 +10.5%$1,065,900 +10%
    2024$8,851 -3.6%$969,000 +3.3%
    2023$9,179 +16.2%$937,728 +10%
    2022$7,900 +2210.1%$852,480 +2312.8%
    2021$342 $35,331
    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dune Lakes
    • Middle: Emerald Coast
    • High: South Walton

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.