26 Rain Lily Lane, Santa Rosa Beach, FL 32459

$6,295,000
Property Type: Residential Bedrooms: 6 Baths: 8 Square Footage: 5,302 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $6,295,000 List Date: 3/18/2026 Last Modified: 3/25/2026

Overview

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.

Supplements: 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 atmosph ...

Listing Details MLS# 995996

Contract Info

List Price/SqFt
1187.29
Listing Board
Emerald Coast

Location Tax and Legal

Area
18 - 30A East
Street #
26
Street Name
Rain Lily
Street Suffix
Lane
State
FL
Zip Code
32459
County
Walton
Project Name/Subdivision
WATERCOLOR
Parcel ID
15-3S-19-25422-000-0020

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
5302
SqFt Source
Building Plan
Full Baths
6
Half Baths
2
Total Bathrooms
8
# Stories
3
Year Built
2020
Garage
Yes
Carport
No
Garage Spaces
2
Driveway Spaces
2
Acreage
0.14
Pool
Yes
Pool Type
Private

Location, Tax and Legal

Sub Area
1802 - S. of 98 W of Camp Creek
Elementary School
Dune Lakes
Middle School
Emerald Coast
High School
South Walton
Legal Description
LOT 2 CERULEAN LANDING AT WATERCOLOR PB 15-60 OR 2617-3605 OR 3075-3282 OR 3147-1438 OR 3148-1654

Listing Info, Tax & Legal

Homestead
No
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
1560
Annual Assessment Amount
6240
Assessment Paid
Quarterly
New Buyer Fee
Yes
New Buyer Fee Amt
307
New Buyer Fee Paid
$
Last Taxes
38755.58
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

More Information

Remarks & Misc

Remarks
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.

Construction Status

Construction Complete
Yes

Parking Features

Garage
Yes
Garage Attached
Yes

Lot/Parcel Access

Paved Road
Yes
Private Road
Yes

Lot Features

Covenants
Yes
Restrictions
Yes
Within 1/2 Mile to Water
Yes

Project Facilities

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

Construction/Siding

Frame
Yes
Roof Metal
Yes
Roof Pitched
Yes
Siding CmntFbrHrdBrd
Yes
Trim Wood
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Public Sewer
Yes
Public Water
Yes
Tap Fee Paid
Yes
Underground
Yes

Zoning

Resid Single Family
Yes

Exterior

Balcony
Yes
BBQ Pit/Grill
Yes
Pool - Gunite Concrt
Yes
Pool - In-Ground
Yes
Porch
Yes
Shower
Yes

Interior

Breakfast Bar
Yes
Fireplace
Yes
Fireplace Gas
Yes
Floor Hardwood
Yes
Furnished - All
Yes
Kitchen Island
Yes
Lighting Recessed
Yes
Pantry
Yes
Washer/Dryer Hookup
Yes
Window Treatment All
Yes
Woodwork Painted
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range Hood
Yes
Refrigerator W/IceMk
Yes
Smoke Detector
Yes
Stove/Oven Gas
Yes
Washer
Yes
Wine Refrigerator
Yes

Energy

AC - 2 or More
Yes
AC - Central Elect
Yes
Ceiling Fans
Yes
Heat - Two or More
Yes
Heat Cntrl Electric
Yes
Storm Doors
Yes
Storm Windows
Yes
Water Heater - Gas
Yes
Water Heater - Tnkls
Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity
Yes
MBath Separate Shwr
Yes
MBath Tile
Yes
MBed Balcony
Yes
MBed First Floor
Yes
MBed Sitting Area
Yes
MBed Walk-in Closet
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes
Second
Yes

Kitchen

First
Yes

Rooms

Bedroom
Yes
Dining Area
Yes
Great Room
Yes
Kitchen
Yes
Master Bedroom
Yes

Fees Include

Management
Yes
Master Association
Yes
Recreational Faclty
Yes
Security
Yes
TV Cable
Yes

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage; Garage Attached Project Facilities: Beach; Dock; Exercise Room; Fishing; Pavillion/Gazebo; Pets Allowed; Picnic Area; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony; BBQ Pit/Grill; Pool - Gunite Concrt; Pool - In-Ground; Porch; Shower Interior: Breakfast Bar; Fireplace; Fireplace Gas; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Pantry; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; Underground Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat - Two or More; Heat Cntrl Electric; Storm Doors; Storm Windows; Water Heater - Gas; Water Heater - Tnkls Master Bedroom: Second Bedroom: First; Second Kitchen: First Rooms: Bedroom; Dining Area; Great Room; Kitchen; Master Bedroom Fees Include: Management; Master Association; Recreational Faclty; Security; TV Cable

Room Information

Room Name Level Dimensions Length Width
Great Room First 19 x 14 19.00 14.00
Dining Area First 19 x 14 19.00 14.00
Kitchen First 18 x 17 18.00 17.00
Bedroom First 13.5 x 14.5 13.50 14.50
Bedroom Second 16.7 x 19 16.70 19.00
Bedroom Second 12 x 12.5 12.00 12.50
Bedroom Second 13 x 13 13.00 13.00
Master Bedroom Second 21 x 22 21.00 22.00
Listing Office: Scenic Sotheby's International Realty
Last Updated: March - 25 - 2026
Broker Attribution: dahlerandco@scenicsir.com

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.