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$4,300,000

Beds
5
Baths
4.5
sq ft
3,774

261 Needlerush Dr, Santa Rosa Beach, FL 32459

261 Needlerush Dr

Santa Rosa Beach, FL 32459

  • 44 days on market
Stunning WaterColor Lake District Home with Private Pool! Nestled in WaterColor's sought-after Lake District, this exceptional home is just moments from Western Lake, the Frog Pool, Sand Hill Park, and a short bike ride to the beach. One of the few homes in WaterColor with a private pool, a charming pergola, and inviting outdoor lounging areas, this retreat is perfect for relaxation and entertaining. Inside, the chef's kitchen boasts a 6-burner gas range with a custom hood, a wine refrigerator, designer appliances, a warming drawer, and a spacious island with a breakfast bar. The living room stuns with vaulted, beamed ceilings, a fireplace, and shiplap walls, creating a warm and stylish ambiance. The third-floor game room with built-in bunks makes for the ultimate gathering space. Enjoy WaterColor's 499-acre master-planned community, featuring nine resort-style pools, tennis and pickleball courts, a fitness center, an amphitheater, and a boathouse for paddleboarding and kayaking on Western Lake. Plus, Camp WaterColor offers endless fun for kids with a lazy river, waterslide, and exciting activities. Experience the best of 30A living in this extraordinary home!

Details

Property type

Single Family Residence

Est. home value

$3,831,621

Lot size

6,534 sq ft

Price per sq ft

$1,140

Year built

2005

Monthly HOA fee

$503.33

Price History

02/17/2025
EmeraldCoast

EmeraldCoast #968807

Listed
$4,300,000
-4.44%
02/13/2025
EmeraldCoast

EmeraldCoast #943001

Removed
$4,500,000
06/27/2024
EmeraldCoast

EmeraldCoast #943001

Price change
$4,500,000
-3.74%

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Seaside

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

Community First Bank

Loan start date

September 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Commercial, 3 year

Seller

Woodvale Investments Llc

Lender

Community First Bank

Loan start date

August 2022

Original loan amount

$3,240,000

Est. remaining balance

Not provided

Interest rate

5.78%

Loan type

Purchase Money Mortgage, 1 year

Seller

Woodvale Investments Llc

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: 04/02/2025 at 4:30 PM

Listing updated: 03/05/2025 at 4:44 PM

Listed by: Tim Shepard, Tim Shepard, Tim Shepard, Tim Shepard, Tim Shepard, Destin Real Estate Phone #: (850) 259-4133

MLS: EmeraldCoast #968807

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