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514 E Royal Fern Way, Santa Rosa Beach, FL 32459

WATERCOLOR · Walton County

Key Facts

5Beds
6Baths
4,263Sq Ft
2015Year Built
0.22Lot (acres)
2Garage

Description

This five bedroom custom-built coastal compound does more than welcome you home -- it creates a legacy. This home was custom designed by Romair Development Group and its one-of-a-kind finishes throughout make it one of the standouts in all of Watercolor! An indoor fireplace centers the great room with warmth and style, while the open-concept design leads to a dream kitchen with Sub-Zero appliances and an inviting dining area made for weekend gatherings. Three luxury primary suites offer guests resort-style comfort and privacy, while a seperate bunk room gives children a fun and inviting space of their own. An enclosed office with cascading natural light creates a private retreat for work, study, or quiet focus. The home blends sophisticated technology with effortless comfort, featuring a Control4 smart home system and automated lighting throughout. Just beyond the doors, the outdoor living takes center stage! A shimmering, heated pool invites long afternoons in the sun, while a private cabana, fireplace, and television set the scene for relaxed evenings year-round. The outdoor living goes beyond again with an extraordinary kitchen that sets the stage for year-round entertaining, while spacious porches surround the home with large-screen TVs, swing beds, and beautifully designed areas for relaxing and gathering. Behind the home, a protected nature preserve wraps the property in peaceful quietude and delivers a rare sense of privacy. Offered fully furnished, this extraordinary residence delivers a rare opportunity to own in WaterColor, one of 30A's most desirable communities. Don't miss the chance to make it yours.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Beach House

Year Built

2015

Living Area

4,263 sq ft

Lot Size

0.22 acres

Lot Dimensions

TBD

Garage Spaces

2

Parking Spaces

2

Zoning

Resid Single Family

Days on Market

11

MLS® Listing#

1006733

Property Features

Exterior:
Outdoor Grill, Outdoor Kitchen
Appliances:
Cooktop, Dishwasher, Disposal, Freezer, Microwave, Wine Refrigerator
Cooling:
Central Air, Electric
Heating:
Central, Electric
Flooring:
Hardwood
Fireplace:
EPA Qualified Fireplace
Pool:
In Ground
Parking:
Garage, Detached
Patio:
Deck, Porch, Screened
Security:
Smoke Detector(s)
Other Structures:
Cabana
Community:
Pool, Tennis Court(s)
Utilities:
Electricity Available
Sewer:
Public Sewer
Water Source:
Public

Rooms

  • 14 x 12First
  • Bedroom17 x 10First
  • Bedroom13 x 16Second
  • Dining Room18 x 10First
  • Great Room16 x 10First
  • Master Bathroom19 x 8Second
  • Master Bedroom20 x 18Second
  • Office16 x 9First
  • Utility Room8 x 8First

Schools

Elementary:
Dune Lakes
Middle:
Emerald Coast
High:
South Walton

HOA & Tax

HOA:
$1,890/Quarterly
Annual Tax:
$16,803 (2025)
Assessed Value:
$1,890
Parcel #:
14-3S-19-25403-000-0390

Directions

Take Hwy 98 to 395 South, go passed Publix and take a left on E Royal Fern Way. Home will be on the right.

Affordability Calculator

$897,800

Estimated monthly payment

$23,892/mo

Principal $3,591,200 · Est. interest $5,010,044 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Santa Rosa Beach, FL

$502,687
Median Listing Price
122
Median Days on Market
1,362
Median Sq Ft
$389
Median Price / Sq Ft
27,778
Active Listings
  • This home’s price is 793% above the area median.
  • Its price per sq ft is 171% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Santa Rosa Beach, FL.

Location

  • 514 E Royal Fern Way, Santa Rosa Beach, FL 32459

Nearby Schools

  • Seaside Neighborhood School

    Elementary · 1.2 mi away

  • Emerald Coast Middle School

    Secondary · 2.2 mi away

  • Bay Elementary School

    Elementary · 2.8 mi away

  • The Preschool at Point Washington

    School · 3.0 mi away

  • Dune Lakes Elementary School

    Elementary · 3.0 mi away

  • South Walton Montessori Academy

    Elementary · 3.0 mi away

  • South Walton High School

    Secondary · 5.1 mi away

  • Ohana Institute

    School · 7.2 mi away

  • The Tree House Episcopal Montessori School

    Elementary · 7.3 mi away

  • Emerald Coast Middle School

    School · 8.8 mi away

  • Van R Butler Elementary School

    Elementary · 8.8 mi away

  • Freeport Middle School

    Secondary · 12.1 mi away

  • Freeport Elementary School

    Elementary · 12.6 mi away

  • Gateway Academy

    School · 14.4 mi away

  • Freeport High School

    Secondary · 15.0 mi away

  • PCB Academy

    School · 15.5 mi away

  • West Bay Elementary School

    Elementary · 15.8 mi away

  • Surfside Middle School

    Secondary · 18.0 mi away

  • Destin Middle School

    Secondary · 18.9 mi away

  • Hutchison Beach Elementary School

    Elementary · 19.1 mi away

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EXIT Agents in Santa Rosa Beach

Listing Courtesy: Berkshire Hathaway HomeServices - 8505343006

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#1006733. © 2026EXIT Realty®. All rights reserved.