WATERCOLOR community

WATERCOLOR Real Estate

Explore properties and local insights in WATERCOLOR.

About WATERCOLOR

About WATERCOLOR

WaterColor is a coastal community located in Northwest Florida near the popular vacation destination of Destin. WaterColor real estate encompasses a variety of housing options, including single-family homes, townhomes, condos, cottages, and luxury estates. The real estate in WaterColor typically features a blend of traditional coastal architecture with modern amenities and high-end finishes. Many properties in WaterColor offer views of the Gulf of Mexico, coastal dune lakes, or lush natural surroundings. Residents of WaterColor enjoy access to a range of upscale amenities, such as private beach access, swimming pools, tennis courts, fitness facilities, restaurants, shops, and walking/biking trails. The community is known for its meticulously landscaped grounds, charming coastal design aesthetic, and family-friendly atmosphere. WaterColor real estate is highly sought after due to its prime location along the Emerald Coast, its resort-style living, and its proximity to a wide range of outdoor recreational opportunities.
WATERCOLOR community

30

# of Listings

4

Avg # of Bedrooms

$1,184

Avg. $ / Sq.Ft.

$3,897,033

Med. List Price

2

Open Houses Today

4

Open Houses · Next 7 Days

Community totals. Selected price ranges apply to the listings below.

Homes for Sale in WATERCOLOR

2 Properties Found. Page 1 of 1.

Open house
Some homes are built for a weekend. This one is built for the summers your family will talk about for years.

Set in the Forest District of WaterColor's Phase II, 114 Pine Needle Way offers six bedrooms and six and a half baths across four levels. It's a home made for a full house, with room for everyone to gather and just as much room to retreat. Five of the six bedrooms have their own en suite baths, giving every family, couple or set of cousins a private place to land at the end of the day. Inside, crisp white walls and soft coastal blues create an easy, light-filled calm that carries from room to room. The second floor is the heart of the home: an open living, kitchen and dining space designed for big breakfasts, game nights and dinners that stretch late into the evening. From here, the living area opens onto a 34-foot deck overlooking a private preserve, where the view is framed by nothing but trees and quiet.

Above, a third-floor retreat gives the kids a space all their own, and the tower, complete with its own kitchenette, is the perfect perch for morning coffee or watching the sun go down over the treetops.

Outdoor living is woven throughout. Three sitting areas and five porches invite slow mornings, afternoon naps and long evenings outside, so there is always a quiet corner when you want one and a gathering spot when you don't.

Life in WaterColor is lived on foot and by bike. Camp WaterColor is just moments away, and the Gulf-front Beach Club, with its three pools, is an easy ride down the path. Western Lake, the WaterColor Town Center's shops and dining, and miles of shaded trails are all close by, with Seaside just a short bike ride down 30A.

Whether you're looking for a family retreat to pass down for generations or a home that is ready to welcome guests, 114 Pine Needle Way is ready for its next chapter.
#1013829

Santa Rosa Beach

114 Pine Needle Way

6 Beds

6 Baths

4,552 Sq.Ft.

$3,495,000

MLS#: 1013829

Open house
Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity. The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining.

All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits.

Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design.

Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.
#995996

Santa Rosa Beach

26 Rain Lily Lane

6 Beds

6 Baths

5,302 Sq.Ft.

$6,295,000

MLS#: 995996

properties found. properties found. Page of .

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