72 String Lily Cove, Santa Rosa Beach, FL 32459
Local realty services provided by:ERA American Real Estate



72 String Lily Cove,Santa Rosa Beach, FL 32459
$1,299,000
- 0.13 Acres
- Lots / Land
- Active
Listed by:spears group
Office:compass
MLS#:981605
Source:FL_ECAR
Price summary
- Price:$1,299,000
About this home
Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pitensuring the ultimate indoor-outdoor coastal lifestyle.
Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase.
As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation.
This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor.
For more details or to schedule a site visit, contact us today.
Contact an agent
Home facts
- Listing Id #:981605
- Added:25 day(s) ago
- Updated:July 24, 2025 at 04:37 PM
Structure and exterior
- Lot area:0.13 Acres
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Dune Lakes
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,299,000
- Tax amount:$8,851 (2024)
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