265 Western Lake Drive, Santa Rosa Beach, FL 32459
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
265 Western Lake Drive,Santa Rosa Beach, FL 32459
$4,125,000
- 5 Beds
- 6 Baths
- 2,821 sq. ft.
- Single family
- Pending
Listed by: dahler & co.dahlerandco@scenicsir.com
Office: scenic sotheby's international realty
MLS#:995896
Source:FL_ECAR
Price summary
- Price:$4,125,000
- Price per sq. ft.:$1,462.25
About this home
Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.
The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.
With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
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Home facts
- Year built:2006
- Listing ID #:995896
- Added:126 day(s) ago
- Updated:February 24, 2026 at 08:12 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Rooms Total:7
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator/Icemaker, Stove/Oven Electric
- Living area:2,821 sq. ft.
Structure and exterior
- Year built:2006
- Building area:2,821 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Corner, Covenants, Restrictions
- Architectural Style:Florida Cottage
- Exterior Features:Balcony, Fenced Area, Pavillion/Gazebo, Summer Kitchen
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Dune Lakes
Utilities
- Water:Public Water
Finances and disclosures
- Price:$4,125,000
- Price per sq. ft.:$1,462.25
- Tax amount:$26,020 (2026)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator w/Ice Maker, Stove/Oven Electric, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Guest Quarters, Kitchen Island, Pantry
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