189 Climbing Rose Way Way, Santa Rosa Beach, FL 32459

Local realty services provided by:ERA American Real Estate
189 Climbing Rose Way Way,Santa Rosa Beach, FL 32459
$1,349,000
  • 0.14 Acres
  • Lots / Land
  • Active
Listed by: jake g leblanc
Office: 30a local real estate
MLS#:990913
Source:FL_ECAR

Price summary

  • Price:$1,349,000

About this home

A truly rare opportunity has come available in WaterColor — the last remaining corner lot in the entire community, located in the highly desirable, non-rental Phase V. Lot 27 on Climbing Rose Way offers the kind of privacy, positioning, and long-term value that simply can't be duplicated. This property conveys with fully approved architectural plans for a custom luxury residence, with construction scheduled to begin in December 2025 and an estimated 13-month build timeline. If you're not ready to build right away, you also have the option to purchase just the lot itself, along with the approved plans, giving you full flexibility to move forward on your own timeline. The estimated building cost for the approved design is approximately $2.3M, with a projected finished value coming in well under $4M. That positions the future owner to walk into the home with over $500,000 in potential equity, depending on finishes and market conditions. Opportunities with this level of built-in value are

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Home facts

  • Listing ID #:990913
  • Added:1 day(s) ago
  • Updated:December 07, 2025 at 02:40 AM

Structure and exterior

  • Lot area:0.14 Acres

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Dune Lakes

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$1,349,000
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