See Home Value
Walton 32459
261 Needlerush Drive
$3,750,000
● House - Off Market

261 Needlerush Drive

Santa Rosa Beach, FL 32459
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,774 Ft²
$21,394
Est. Monthly

About This Property

Experience refined coastal luxury in this exceptional five bedroom, four full and one half bath residence spanning 3,774 square feet, ideally positioned on one of the most sought after lots in WaterColor's highly desirable Phase 3 within the coveted Lake District. Set on a premier corner lot, the property offers privacy on three sides, creating a setting that feels far more secluded than most.

Just moments from Western Lake and a short bike ride to the beach, this beautifully appointed home offers the perfect blend of elegance, comfort, and true resort style living. The wrap around porch is a standout feature, giving you multiple spaces to relax, entertain, and take in the surroundings throughout the day. Designed for both relaxation and entertaining, the home features a private pool, complemented by a newly enhanced pergola and thoughtfully designed outdoor living spaces, ideal for al fresco dining and lounging in a serene setting.

Inside, the home showcases timeless coastal design and quality craftsmanship throughout. The gourmet chef's kitchen is outfitted with a six burner gas range, custom vent hood, premium appliances, wine refrigerator, warming drawer, and an expansive island with bar seating. The main living area is highlighted by soaring vaulted ceilings, exposed beams, a statement fireplace, and elegant shiplap detailing, creating a warm yet elevated atmosphere.

Recent updates, including fresh interior and exterior paint and upgraded outdoor features, enhance the home's pristine condition and modern appeal. A spacious third floor game room with custom built bunks offers a versatile retreat for guests and gatherings.

Owners enjoy access to WaterColor's world class amenities, including multiple resort style pools, tennis and pickleball courts, a state of the art fitness center, scenic parks, and a boathouse for paddleboarding and kayaking. Camp WaterColor adds to the experience with its lazy river, waterslides, and family friendly activities. The property conveys 14 owner wristbands, a meaningful advantage for both personal use and rental flexibility.

This is a rare opportunity to own a truly distinguished home in one of 30A's most sought after coastal communities.
Unit Size
3,774 Ft²
Days on Market
89 days
Land Size
0.15 acres
Price per sqft
$1,020
Property Type
House
Property Taxes
$2,489
HOA Dues
-
Year Built
2005

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Last updated: 4 months ago (ECAR #1000703)

Price History

Date / Event Date Event Price
Jul 13, 2026 Sold
Sold
Jun 16, 2026 In contract -
In contract
May 22, 2026 Price Decreased $3,850,000
↓ $145K (3.6%)
Price Decreased
Apr 15, 2026 Listed by Scenic Sotheby's International Realty $3,995,000
Listed by Scenic Sotheby's International Realty
May 4, 2025 Price Decreased $4,200,000
↓ $100K (2.3%)
Price Decreased
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 160
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,432
  • Total Building Area: 3,303
  • Gross Building Area: 3,303
  • Building Area: 3,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,303
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERCOLOR
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 30 OAK GROVE AT WATERCOLOR PB 15-58 OR 2551-214 OR 2838-847 OR 3179-134

Neighborhood

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

Geography

  • Assessors Map Reference: S3-15-19
  • Parcel: 15-3S-19-25420-000-0300
  • Block: 3
  • Lot: 30
  • Meridian: SEC 15 TWN 03S RNG 019
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3268
  • Longitude: -86.1371

    Address

  • Full Address: 261 Needlerush Dr
  • Address - House Number: 261
  • Address - Street Name: Needlerush
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H011
  • 4-Digit Zip Code: 7174
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 3,795
  • Tax Year: 2022
  • Tax Amount: $2,507,048
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.4836
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 3
  • Final Value: 2,044,808
  • High Value: 3,033,754
  • Low Value: 1,055,861

    Market Valuation

  • Market Total Value: $2,705,233
  • Market Land Value: $836,536
  • Market Improvement Value: $1,868,697

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,705,233
  • Assessed Land Value: $836,536
  • Assessed Improvements Value: $1,868,697

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35767
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jan 14, 2021
  • Previous Sale Amount: $2,150,000
  • Previous Sale Document Type: 71
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 261 Needlerush Drive built and last sold?
The property at 261 Needlerush Drive was built in 2005 and last sold on Aug 1, 2022 for $3,200,000.
How much is this home worth?
The estimated value of the home located at 261 Needlerush Drive is $3,800,814.
What are some comparable homes to 261 Needlerush Drive?
There are currently no comparable homes to 261 Needlerush Drive.