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Key Details
Sold Price $5,650,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 6,082 sqft
Price per Sqft $928
Subdivision Watercolor
MLS Listing ID 958720
Sold Date 02/25/25
Bedrooms 6
Full Baths 6
Half Baths 1
Construction Status Construction Complete
HOA Fees $486/qua
HOA Y/N Yes
Year Built 2015
Annual Tax Amount $44,673
Tax Year 2023
Property Sub-Type Beach House
Property Description
A Prime Investment Opportunity! This home is perfect for those seeking a lucrative investment property or personal retreat, with an impressive rental history of $430K in 2023 and currently on track to do over $400K for 2024! One of the top rentals in all of WaterColor! Welcome to ''Vermillionaire, the home everyone wants to visit--and never leave. This stunning 6,082 sq. foot custom-built vacation home located in WaterColor's Lake District, just moments from Western Lake and biking distance to the beach. This exceptional retreat offers the ultimate in luxury and fun, featuring the ''largest private pool'' in WaterColor, and an array of entertainment options.
Location
State FL
County Walton
Area 18 - 30A East
Zoning Resid Single Family
Rooms
Guest Accommodations Beach,Deed Access,Dock,Fishing,Pets Allowed,Pickle Ball,Playground,Pool,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Ceiling Raised, Fireplace Gas, Floor Hardwood, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Plantation Shutters, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatment All
Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Deck Enclosed, Deck Open, Fenced Back Yard, Fenced Privacy, Fireplace, Guest Quarters, Hot Tub, Patio Covered, Patio Open, Pool - Heated, Porch, Porch Open, Separate Living Area, Shower, Sprinkler System, Summer Kitchen, TV Antenna
Parking Features Garage Detached, Guest
Garage Spaces 2.0
Pool Private
Community Features Beach, Deed Access, Dock, Fishing, Pets Allowed, Pickle Ball, Playground, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Available Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Private Pool Yes
Building
Lot Description Cul-De-Sac, Dead End, Restrictions, Within 1/2 Mile to Water
Story 3.0
Structure Type Roof Metal,Siding Wood
Construction Status Construction Complete
Schools
Elementary Schools Dune Lakes
Others
HOA Fee Include Ground Keeping,Internet Service,Security,Trash,TV Cable
Assessment Amount $1,460
Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Tnkls
Financing Conventional,Exchange,FHA,VA
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Bought with The Beach Group Properties LLC