See Home Value
Walton 32459
121 Red Cedar Way
$3,150,000
● House - Off Market

121 Red Cedar Way

Santa Rosa Beach, FL 32459
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$19,057
Est. Monthly
$1,510
HOA / Fees
-0.22%
Cap Rate

About This Property

Tucked in the highly desirable Camp District of WaterColor, this newly renovated coastal retreat blends sophisticated design with effortless Florida living. Impeccably maintained and thoughtfully updated, the four-bedroom, four-and-a-half-bath home offers over 3,100 square feet of light-filled living space just steps from Camp WaterColor's premier amenities. Anchored by a brand-new heated saltwater pool with a tranquil water feature, LED lighting, and travertine decking, the outdoor living area is a true private oasis. The pool was finished with premium-grade gunite for a sleek and durable finish. A new golf cartequipped with LED lighting and a premium sound systemis also included, offering easy access to the beach, shops, and scenic 30A.

Inside, an open-concept floor plan showcases white oak ceilings, designer lighting, and freshly updated bathrooms throughout. The chef's kitchen is equipped with Sub-Zero, Wolf, and Bosch appliances, marble countertops and backsplash, and a dedicated ice makerideal for entertaining. A large screened porch off the living area creates a seamless transition to outdoor dining and relaxation.

Newly furnished throughout, the home includes upgraded TVs in every bedroom and a brand-new mattress in the primary suite. Set on a beautifully landscaped lot with mature trees and curated greenery, the property offers both privacy and curb appeal.

Whether you're searching for a full-time residence or an investment-ready vacation home, this WaterColor gem delivers turnkey luxury just minutes from the Gulf, Seaside, and everything 30A has to offer.
Unit Size
-
Days on Market
165 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,343
HOA Dues
$1,510
Year Built
2006

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Last updated: 12 months ago (ECAR #977162)

Price History

Date / Event Date Event Price
Nov 5, 2025 Sold
Sold
Sep 8, 2025 In contract -
In contract
Aug 6, 2025 Price Decreased $3,300,000
↓ $200K (5.7%)
Price Decreased
Jun 18, 2025 Price Decreased $3,500,000
↓ $100K (2.8%)
Price Decreased
May 24, 2025 Listed by Scenic Sotheby's International Realty $3,600,000
Listed by Scenic Sotheby's International Realty
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Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,824
  • Total Building Area: 3,365
  • Gross Building Area: 3,365
  • Building Area: 3,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,365
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATER COLOR
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 42 EASTERN COVE AT WATER COLOR PB 15-24 OR 2437-67 OR 2460-1058 OR 2587-1834 OR 2657-4050 OR 2866-185 OR 3123-688

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950606

Geography

  • Assessors Map Reference: S3-15-19
  • Parcel: 15-3S-19-25415-000-0420
  • Block: 4
  • Lot: 42
  • Meridian: SEC 15 TWN 03S RNG 019
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3263
  • Longitude: -86.1336

    Address

  • Full Address: 121 Red Cedar Way
  • Address - House Number: 121
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H011
  • 4-Digit Zip Code: 5989
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 3,470
  • Tax Year: 2022
  • Tax Amount: $1,634,372
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4642
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 7
  • Final Value: 2,226,156
  • High Value: 3,259,564
  • Low Value: 1,192,747

    Market Valuation

  • Market Total Value: $1,941,802
  • Market Land Value: $611,636
  • Market Improvement Value: $1,330,166

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,941,802
  • Assessed Land Value: $611,636
  • Assessed Improvements Value: $1,330,166

    Sales

  • Current Sale Contract Date: Apr 29, 2011
  • Current Sale Recording Date: May 18, 2011
  • Current Sale Price:
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 1156390
  • Previous Sale Recording Date: Mar 08, 2005
  • Previous Sale Contract Date: Feb 28, 2005
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 121 Red Cedar Way built and last sold?
The property at 121 Red Cedar Way was built in 2006 and last sold on Apr 29, 2011 for $970,000.
How much is this home worth?
The estimated value of the home located at 121 Red Cedar Way is $3,333,000.
What are some comparable homes to 121 Red Cedar Way?
There are currently no comparable homes to 121 Red Cedar Way.