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$4,610,000

Beds
5
Baths
5.5
sq ft
3,845

102 Vermilion Way, Santa Rosa Beach, FL 32459

102 Vermilion Way

Santa Rosa Beach, FL 32459

  • 238 days on market
    • Price drop $89,000↓
Nestled in the Lake District of Watercolor, 102 Vermilion Way is bordered by nature preserve, offering a serene and private setting. Built by Romair Construction, this three-story home welcomes you with a broad-front porch, and an observation tower delivers stunning views of the neighborhood. Professionally designed by Bella Beach Interiors, the furnishings are perfectly complemented by brushed oak flooring and custom window treatments. Step inside to the great room, enhanced by shafts of daylight pouring in through multiple floor-to-ceiling windows. The gourmet kitchen is well-equipped with high-end Wolf and Subzero appliances, dual sinks, and a wine cooler, making it the perfect space to entertain a large crowd. Beautiful marble countertops extend onto the expanded island with seating. Adjoined to the kitchen is the butler's pantry and laundry room, complete with a double set of washers and dryers, in addition to a wine fridge and half bathroom. Outdoor living is made easy with over 1,000 square feet of porches, outdoor fireplace, and summer kitchen. With 5 bedrooms and 5.5 baths plus a bunk room, this luxury residence makes the ideal vacation rental, second home, or full-time residence. The main level primary suite features a walk-in closet and ensuite bathroom with twin vanities, a tiled shower, a marble edged soaking tub, and doors that open directly to the screened porch. On the second level is an additional primary suite that offers private balcony access, along with an ensuite bathroom. Down the hall, you will find a bunk room with two sets of bunks, as well two king guest bedrooms, both fit with ensuite bathrooms and balcony access. Guests can step out onto a screened balcony to relax on the swing bed overlooking the nature preserve. The generously sized lot provides ample parking, and an attached single-car garage, with a carriage house above, where guests can relax in their private king-sized bedroom, complete with bathroom, and beverage station/bar with a built-in refrigerator. Watercolor has a plethora of amenities throughout the community, with the Frog Pool being the closest. Take a leisurely stroll or bike ride across the Western Lake bridge to paddleboard from the community Boat House. Continue your stroll to the exclusive Watercolor Beach Club, where 3 gulf-front pools await you. Enjoy sunset dining on the terrace and easy access to the white sandy beach. Further amenities include Camp Watercolor, tennis and pickleball courts, and several beautifully maintained parks and trails. Take advantage of the Watercolor shops and restaurants or venture over to the neighboring communities of Seaside and Seagrove for an array of activities!

Details

Property type

Single Family Residence

Est. home value

$5,192,178

Lot size

Unknown

Price per sq ft

$1,199

Year built

2014

Monthly HOA fee

$596.67

Price History

11/27/2024
EmeraldCoast

EmeraldCoast #948552

Price change
$4,610,000
-1.89%
10/18/2024
EmeraldCoast

EmeraldCoast #948552

Price change
$4,699,000
-1.9%
08/30/2024
EmeraldCoast

EmeraldCoast #948552

Price change
$4,790,000
-1.03%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American State Bank

Loan start date

August 2020

Original loan amount

$2,635,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Hossley Ranch Management Lp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 9:30 AM

Listing updated: 12/18/2024 at 3:09 PM

Listed by: Team Kim & Keen Polakoff, Team Kim & Keen Polakoff, Polakoff Group, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #948552

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