26 Rain Lily Lane
Santa Rosa Beach, FL 32459
- 6 beds
- 8 baths
- 5,302 sqft
- $1,224 per sqft
- 2020 build
- – on site
Nestled in WaterColor's highly sought-after Lake District, this exquisite 6-bedroom, 8-bathroom residence is the epitome of coastal luxury. Professionally designed and offered fully furnished, this home seamlessly blends elegance with comfort, making it an incredible investment opportunity as well. With $369,641 in rental revenue for 2024 and $208,563 already booked for 2025, this property offers both an exceptional personal retreat and a lucrative rental option. The open-concept layout is both inviting and functional, featuring a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry. The kitchen flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet sophisticated ambiance. Expansive glass doors lead to a private outdoor oasis, complete with a heated pool and hot tub, covered patio, and summer kitchen ideal for entertaining year-round. Each of the six bedrooms boasts its own ensuite bath, ensuring privacy and convenience for guests and family members alike. The second level features a luxurious primary suite with a spa-like bath, a private balcony, and a generous walk-in closet. This floor also includes a guest suite, a cozy lounge, and separate guest quarters with its own kitchenette, bath, and laundry perfect for extended stays. Take the stairs or elevator to the third level, where a charming bunk room, an additional sitting area, and extra sleeping quarters provide ample space for family and friends. Thoughtful details, from designer lighting to custom millwork, elevate every corner of the home. Located just moments from the WaterColor Beach Club, Camp WaterColor, scenic trails, and the shops and dining of 30A, this residence offers an unparalleled lifestyle in one of the most desirable communities along the Emerald Coast. Whether you're seeking a full-time residence, a vacation getaway, or a strong rental investment, this home is truly a masterpiece of design and functionality.
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Last updated Apr 30, 2025
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MLS# 970950 —
The Building
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Year Built:2020
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Construction Materials:Frame, Roof Pitched, Siding CmntFbrHrdBrd, Trim Wood
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Building Area Total:5302.0
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Building Area Source:Building Plan
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Architectural Style:Beach House
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Stories:3
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Levels:None
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Exterior Features:Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, Shower
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Door Features:Storm Door(s)
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Window Features:Window Treatment All, Storm Windows
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Accessibility Features:None
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Direction Faces:None
Interior
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Furnished:Furnished - All
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Interior Features:Breakfast Bar, Fireplace, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Woodwork Painted
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Rooms Total:8
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Fireplaces Total:None
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Laundry Features:None
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Flooring:Floor Hardwood
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:From the intersection of Hwy 98 and Hwy 395 travel south on 395 to the light in front of Publix. Make a right into WaterColor. Turn right onto Lake Forest Drive, cross over the wooden bridge and continue to Sand Hill Circle. Take either side of Sand Hill Circle to High Street. Follow High Street until you see Flatwood St on the right. Turn right onto Flatwood st then a left onto Rain Lily Lane.
The Property
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Property Type:Residential
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Property Subtype:Detached Single Family
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Property Condition:Construction Complete
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Property Attached:None
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Lot Features:Covenants, Restrictions, Within 1/2 Mile to Water
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Lot Size Dimensions:55 x 110
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Lot Size Units:Acres
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Zoning:Resid Single Family
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Possible Use:None
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Parcel Number:15-3S-19-25422-000-0020
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Topography:None
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Waterfront:No
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Water Body Name:None
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Road Frontage Type:Private Road
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Road Surface Type:Paved
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:37836.6
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Tax Legal Description:LOT 2 CERULEAN LANDING AT WATERCOLOR PB 15-60 OR 2617-3605 OR 3075-3282 OR 3147-1438 OR 3148-1654
Beds
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Bedrooms Total:6
Baths
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Total Baths:7.0
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Total Baths:8
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Full Baths:6
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Half Baths:2
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Virtual Tour URL Unbranded:https://players.brightcove.net/5781544594001/yYnAe3E83_default/index.html?videoId=6348850567112
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Gas - Natural, Public Water, Tap Fee Paid, Underground
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
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Range:true
Schools
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Elementary School:Dune Lakes
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Elementary School District:None
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Middle Or Junior School:Emerald Coast
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Middle Or Junior School District:None
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High School:South Walton
The Community
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Subdivision Name:WATERCOLOR
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Community Features:Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:1510.0
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Association Fee Frequency:Quarterly
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Association Fee Includes:Management, Master Association, Recreational Faclty, Security, Cable TV
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Pool Private:None
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Pool Features:Pool - In-Ground, Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Garage Spaces:2.0
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Attached Garage:true
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Carport:false
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Parking Features:Garage
Monthly cost estimate

Asking price
$6,490,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$34,751
|
Taxes | $3,153 |
Insurance | $1,784 |
Utilities | $236 See report |
Total | $39,924/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/29/25
Apr 29, 2025
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Price Changed | ECARMLS | $6,490,000 | -3.1% |
3/12/25
Mar 12, 2025
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Listed / Active | ECARMLS | $6,700,000 | 5.8% (2.2% / YR) |
7/15/22
Jul 15, 2022
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ECARMLS | $6,335,000 | 71.2% (34.9% / YR) |