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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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514 E Royal Fern Way , Santa Rosa Beach, FL 32459
$4,489,000
Est. Payment: $24,801.08/mo
5 Bed
6 Bath
4263 Sqft
0.22 Acres
Status: Active | Days on site: 96
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Harrison Lilly Team
Owner/Operator

House Description

This five bedroom custom-built coastal compound does more than welcome you home -- it creates a legacy. This home was custom designed by Romair Development Group and its one-of-a-kind finishes throughout make it one of the standouts in all of Watercolor! An indoor fireplace centers the great room with warmth and style, while the open-concept design leads to a dream kitchen with Sub-Zero appliances and an inviting dining area made for weekend gatherings. Three luxury primary suites offer guests resort-style comfort and privacy, while a seperate bunk room gives children a fun and inviting space of their own. An enclosed office with cascading natural light creates a private retreat for work, study, or quiet focus. The home blends sophisticated technology with effortless comfort, featuring a Control4 smart home system and automated lighting throughout. Just beyond the doors, the outdoor living takes center stage! A shimmering, heated pool invites long afternoons in the sun, while a private cabana, fireplace, and television set the scene for relaxed evenings year-round. The outdoor living goes beyond again with an extraordinary kitchen that sets the stage for year-round entertaining, while spacious porches surround the home with large-screen TVs, swing beds, and beautifully designed areas for relaxing and gathering. Behind the home, a protected nature preserve wraps the property in peaceful quietude and delivers a rare sense of privacy. Offered fully furnished, this extraordinary residence delivers a rare opportunity to own in WaterColor, one of 30A's most desirable communities. Don't miss the chance to make it yours.

Highlights

Listed by Diana Kish , 850-685-0944 Berkshire Hathaway HomeServices , 850-534-3006. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.22

Year Built

2015

County

Walton

Area

18 - 30A East

Neighborhood

Watercolor

Listing ID

1006733

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:5
  • ▪ 1/2 Bathrooms:1
Appliances:Cooktop, Dishwasher, Disposal, Freezer, Microwave, Refrigerator W/IceMk, Smoke Detector, Wine Refrigerator
Air Cond:Central Air
Fireplaces:Fireplace
Floor:Floor Hardwood

Exterior Features

Lot Dimensions:TBD
Zoning:Resid Single Family
Others:
  • ▪ Additional:BBQ Pit/Grill, Hot Tub, Summer Kitchen, Deck Open, Porch Screened
Sewer:Public Sewer
Parking Features:Garage,Garage Detached

Open House

Upcoming Open Houses
Thursday 9:00 am - 12:00 pm Oct 8
Principal Interest
$24,801
Taxes
$1,400

Home Price

$4,489,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$897,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,801.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,801.08 $1,400.26 $0.00 $26,201.34
Yearly $297,612.94 $16,803.10 $0.00 $314,416.04
Total $8,928,388.23 $504,093.00 $0.00 $9,432,481.23

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Santa Rosa Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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