See Home Value
Walton 32459
406 Red Cedar Way
$2,450,000
● House - Off Market

406 Red Cedar Way

Santa Rosa Beach, FL 32459
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$15,877
Est. Monthly
$1,510
HOA / Fees

About This Property

Welcome to your dream home in Watercolor! This stunning 3-bedroom, 3.5-bathroom residence spans a generous 2,486 square feet, perfectly nestled on a 6,380 square foot lot. Designed for comfort and style, this home offers an inviting open kitchen equipped with a sleek island, modern appliances including a dishwasher, microwave, and even a wine cooler for the connoisseur.

Enjoy cozy evenings by the fireplace or relish the cool breeze on your charming porch. The formal dining room is perfect for hosting gatherings, while the kitchen dining area offers a more casual setting for meals. With completely replaced central AC system and added hot water pump to ensure hot water up and downstairs while all showers in use at once, your daily routines will be a breeze. Outdoor enthusiasts will love the community amenities, featuring a refreshing pool, tennis court, and playground. Plus, carport parking ensures your vehicle stays protected. Embrace the laid-back lifestyle of Watecolor today! This information is believed to be accurate, but without any warranty.
Unit Size
-
Days on Market
64 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,551
HOA Dues
$1,510
Year Built
2007

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Last updated: 10 months ago (ECAR #989489)

Price History

Date / Event Date Event Price
Jan 15, 2026 Sold
Sold
Dec 7, 2025 In contract -
In contract
Nov 12, 2025 Listed by Compass $2,610,000
Listed by Compass
Apr 5, 2021 Sold
Sold
Apr 2, 2021 No longer available -
No longer available
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Property Highlights

Garage
Elevator
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,380
  • Total Building Area: 2,746
  • Gross Building Area: 2,746
  • Building Area: 2,746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,746
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERCOLOR
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 9 PINE RIDGE AT WATERCOLOR PB 15-18 OR 2592-1565 OR 2950-3823 OR 3056-933 OR 3191-581

Neighborhood

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

Geography

  • Assessors Map Reference: S3-15-19
  • Parcel: 15-3S-19-25413-000-0090
  • Lot: 9
  • Meridian: SEC 15 TWN 03S RNG 019
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.3238
  • Longitude: -86.1313

    Address

  • Full Address: 406 Red Cedar Way
  • Address - House Number: 406
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Santa Rosa Beach
  • Carrier Code: H011
  • 4-Digit Zip Code: 5992
  • Zip Code: 32459

Valuation

    Tax

  • Total Area: 2,749
  • Tax Year: 2022
  • Tax Amount: $1,767,838
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 2,937,348
  • High Value: 3,725,298
  • Low Value: 2,149,398

    Market Valuation

  • Market Total Value: $1,907,588
  • Market Land Value: $646,587
  • Market Improvement Value: $1,261,001

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,907,588
  • Assessed Land Value: $646,587
  • Assessed Improvements Value: $1,261,001

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210016110
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $1,070,000
  • 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 406 Red Cedar Way built and last sold?
The property at 406 Red Cedar Way was built in 2007 and last sold on Mar 30, 2021 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 406 Red Cedar Way is $2,636,100.
What are some comparable homes to 406 Red Cedar Way?
There are currently no comparable homes to 406 Red Cedar Way.