Exceptional Gulf-View Residence in Prime WaterColor Location

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Home For Sale

146 Silver Laurel Way

Santa Rosa Beach, Florida 32459

Walton County

Community: Watercolor

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$4,599,000 5 br, 6.0 bath 3972 sq. ft. 0.120 acres

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.

Interior:
  • Bedrooms: 5
  • Baths: 6.0
  • Sq Ft: 3972
  • Year Built: 2007
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: Electric (Heating), Central
  • Garage: 
Exterior:
  • Lot Size: 0.120 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Metal
  • Property Taxes: $33,945
  • MLS #: 787994
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Contact Information:
Beach Home For Sale in Santa Rosa Beach, Florida
Listing Agent: Matt W Wright, Think Real Estate, 850-227-8276, 850-270-4200 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7531408
Viewed 5 times.
Updated: Apr 07, 2026

This property is a Home located at 146 Silver Laurel Way, Santa Rosa Beach, Florida 32459, and is currently For Sale at $4,599,000. This Home has 5 bedrooms, 6.0 baths, 3972 sq ft.