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146 Silver Laurel Way

Santa Rosa Beach, FL 32459
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Bed 5

Bed

Bath 6

Bath

Acres0.12

Acre(Lot)

Exceptional Gulf-View Residence in Prime WaterColor Location Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment. The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines. The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions). Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen. The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years. Buyer to verify all information and dimensions.

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Detail Ic Property Details

Property Type : Residential

Price : $4,599,000

AD Id : 76847626

MLS Id : 787994

Beds : 5

Lot Size : 0.12 Acre

Year Built : 2007

County : Walton

Subdivision: Towers Of Key Biscayne Co

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 6 Full Baths: 5 Half Baths: 1

    Room Information

    Rooms Total: 5

    Roofing Information

    Metal
  • Interior Features

    Balcony, DoubleVanity, SoakingTub, SeparateShower, UpperLevelPrimary
    Roof: Metal
    Appliances: GasCooktop
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, MultiUnits

  • Building Information

    Year Built: 2007
    Building Area Total: 3972
    Construction Materials: Other
    Stories: 3
    Patio And Porch Features: Balcony, Covered, Open, Porch
    Pool Features: InGround, Community
    Private Pool: No
    View: Gulf
  • Exterior Features

    Exterior Features: FirePit

  • Lot Information

    Lot Dimensions: 50x100 Main Square Feet: 0.12 Lot Size Acres: 0.12 Lot Size Square Feet: 5,009

    Property Information

    Subdivision: Watercolor Source Property Type: Residential MLS Area Minor: 1205 - Walton - Seaside Property SubType: Single Family Residence Levels: ThreeOrMore Property Age: 19

  • Listing Price Information

    Listing Price: $4599000

  • Tax Information

    Parcel Number: 15-3S-19-25403-000-0140 Tax Year: 2025 Annual Tax: $33945 Tax Legal Desc: LOT 14 RAINBOW ROW AT WATER COLOR PB 14-31 OR 2342-457 OR 2776-819 OR 2860-1146 OR 2863-1698 OR 3209-3721

  • Homeowners Association Information

    Has Association: Yes
    Association Amenities: BeachRights, Barbecue, PicnicArea
    Community Features: Barbecue, Beach, FitnessCenter, GameRoom, Playground, Park, Pool, Shopping, TennisCourts, CommunityPool, ShortTermRentalAllowed

  • School Information

    Elementary School: Dune Lakes Junior High School: Emerald Coast Senior High School: South Walton
  • Utility Information

    ElectricityAvailable, UndergroundUtilities
  • Location Information

    Direction: From the Town Center of Watercolor, travel East on 30A to Mystic Cobalt. Turn left onto Mystic Cobalt and right on Silver Laurel Way. House will be on the right. Security Features: KeyCardEntry,SmokeDetectors
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/14/2026 @ 20:27

MLS: 787994 LISTED BY: Matt Wright, Think Real Estate 850-270-4200 SOURCE: CPAR

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