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Located at 72 String Lily Cove, Santa Rosa Beach, Florida 32459, this Land is for Sale with a price of $1,299,000 USD. This listing encompasses a lot of .13 Acres. See all Homes for Sale in Santa Rosa Beach.
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20. 72 String Lily Cove
1. 72 String Lily Cove
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Description

72 String Lily Cove,

Santa Rosa Beach, FL 32459

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.

This is an Active listing.

Broker Office Phone Number: 850-296-9769

Copyright © 2025Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Compass via Data Source: Emerald Coast Association of Realtors 
$1,299,000
price
$8,851
Annual taxes
Land
Property type
Walton County
School District
Walton County
School District
walton-defuniak-springs-fl
Schools
Dune Lakes
Elementary
Emerald Coast
Middle
South Walton
High
14495047
Web Id
981605
MLS ID
2
Days Posted

Price History

datepricevariancetype
7/24/2025$1,299,000 16.19 %decreased
2/27/2025$1,550,000-Listed
listing agent: Spears Group
more info
0.13 Acres
Exterior
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    new listing

    72 String Lily Cove
    Santa Rosa Beach, FL 32459

    $1,299,000