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Aaron Thompson

aaron.thompson@engelvoelkers.com +1(423) 413-8387

$ 6,295,000

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Active

26 Rain Lily LN Santa Rosa Beach, FL 32459

6 Beds

8 Baths

5,302 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,302 sqft

Price per Sqft $1,187

Subdivision Watercolor

MLS Listing ID 995996

Style Beach House

Bedrooms 6

Full Baths 6

Half Baths 2

HOA Fees $1,560/qua

HOA Y/N Yes

Year Built 2020

Annual Tax Amount $38,755

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 59.3x110.1x57.8x110.5

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 5302

Property Description

Situated in WaterColor's coveted Lake District, this exceptional six-bedroom, eight-bathroom residence defines coastal luxury at its finest. Professionally designed and offered fully furnished, the home delivers a seamless blend of sophistication, comfort, and proven rental appeal. Generating $388,479 in 2025 rental revenue with projections of $401,350 in 2026, this residence provides both a refined personal retreat and a strong investment opportunity. The open, airy floor plan was designed for both intimate gatherings and grand entertaining. Anchored by a gourmet kitchen with premium appliances, an oversized island, and custom cabinetry, the space flows effortlessly into the dining area and great room, where a fireplace, coffered ceilings, and designer finishes create a warm yet elevated atmosphere. Expansive glass doors dissolve the boundary between indoors and out, revealing a private outdoor sanctuary with a heated pool and hot tub, covered patio, and fully equipped summer kitchen, perfect for year-round entertaining.

All six bedrooms feature ensuite baths, offering privacy and comfort for guests and family alike. The second-level primary suite boasts a spa-inspired bathroom, private balcony, and expansive walk-in closet. This floor also includes an additional guest suite, a relaxed lounge area, and separate guest quarters complete with kitchenette, bath, and laundry ideal for extended visits.

Accessible via stairs or elevator, the third level features a charming bunk room, additional sitting areas, and extra sleeping accommodations, providing ample space for larger groups. Throughout the home, custom millwork, designer lighting, and curated finishes elevate every detail, reflecting meticulous craftsmanship and thoughtful design.

Ideally located near the WaterColor Beach Club, Camp WaterColor, scenic nature trails, and the boutiques and dining along 30A, this residence offers an unparalleled lifestyle. Whether enjoyed as a full-time home, a luxurious coastal getaway, or a high-performing investment property, 26 Rain Lily Lane stands as a true masterpiece of design, comfort, and coastal living.

Location

State FL

County Walton

Community Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Tv Cable, Waterfront

Area 18 - 30A East

Zoning Resid Single Family

Direction 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.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Kitchen true

Interior

Interior Features Breakfast Bar, Fireplace, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Woodwork Painted

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Hardwood

Fireplaces Type Fireplace Gas

Furnishings Furnished - All

Fireplace Yes

Window Features Window Treatment All,Storm Windows

Appliance Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Pool - Gunite Concrt, Shower, In-Ground Pool, Gunite Pool, Porch, BBQ / Grill, Outdoor Shower, Balcony

Parking Features Garage

Garage Spaces 2.0

Pool Pool - In-Ground, Pool Type

Community Features Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Waterfront

Utilities Available Electric, Gas - Natural, Public Water, Tap Fee Paid, Underground

Roof Type Metal

Street Surface Paved

Porch Porch

Road Frontage Private Road

Garage Yes

Building

Lot Description Covenants, Restrictions, Within 1/2 Mile to Water

Faces 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.

Story 3

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools Dune Lakes

Middle Schools Emerald Coast

High Schools South Walton

Others

Pets Allowed No

HOA Fee Include Internet Service, Management, Master Association, TV Cable

Tax ID 15-3S-19-25422-000-0020

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Listed by Dahler & Co. Scenic Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

Aaron Thompson

Advisor | License ID: SL3519273

+1(423) 413-8387

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