5 Red Basil Drive, Santa Rosa Beach, FL 32459

$2,500,000
  • 5 Red Basil Drive, Santa Rosa Beach, FL 32459 Main Photo

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New to the Market Active
BEDS5 BATHS4 full 1 partial SQUARE FEET2,749 MLS#1008482
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWATERCOLOR

Property Description

Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership.The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony.Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles.Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal.Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.

5 Red Basil Drive | MLS# 1008482

This single family home located at 5 Red Basil Drive, Santa Rosa Beach, FL 32459 is currently listed for sale with an asking price of $2,500,000. This property was built in 2013 and has 5 bedrooms and 4 full and 1 partial baths with 2749 sq. ft. Red Basil Drive is located in the WATERCOLOR subdivision. Search WATERCOLOR real estate on mmclean.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Garage: 1
Heating: Central
Home Style: Beach House
Lot Size: 0.10 Acres
Stories: 2.0
Taxes: $16,806
Year Built: 2013

Feature Descriptions

Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Gas, Water Heater - Tnkls
Association Fee Includes: Accounting, Internet Service, Land Recreation, Recreational Faclty, Security, Cable TV, Trash
Community Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Exercise Room, Golf, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
Exterior: Separate Living Area, Shower, Sprinkler System
Exterior: Frame, Roof Pitched, Siding CmntFbrHrdBrd
Flooring: Floor Hardwood, Floor Tile
Foundation: Slab
HOA: Yes
Interior: Breakfast Bar, Ceiling Crwn Molding, Ceiling Vaulted, Kitchen Island, Lighting Recessed, Pantry, Upgraded Media Wing, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted
Lot: Corner, Covenants, Irregular
Lot Dimensions: 45X106X32X107
Parcel Number: 14-3S-19-25404-000-0940
Parking: Golf Cart Enclosed
Patio/Porch: Deck Open, Porch Screened
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: Private Road
Rooms Total: 9
Sewer: Public Sewer
Sub Type: Detached Single Family
Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable, Underground
Window: Window Treatment All

Room Sizes

Living Room: 22 X 17 Level - First
Dining Area: 13 X 10 Level - First
Kitchen: 14 X 11 Level - First
Primary Bedroom: 13 X 12 Level - First
Primary Bedroom: 17 X 13 Level - Second
Bedroom: 13 X 12 Level - Second
Bedroom: 16 X 12 Level - Second
Bonus Room: 13 X 13 Level - Second
Garage: 12 X 11 Level - First

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Dune Lakes

Listed By / Shown By

Listed By

Agency Name: Rising Star Real Estate Inc

Shown By

Agent Name: Mary Dudley McLean
Agent Phone: (423) 201-5602
Agency Title: Premier Property Group

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Estimated Payment

$ 7,693.58 per month $5,563.92 Principal & Interest $1,400.50 Property Tax $729.17 Homeowner's Insurance

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