46 Vermilion Way, Santa Rosa Beach, FL 32459

$5,650,000
Property Type: Residential Bedrooms: 6 Baths: 7 Square Footage: 6,082 Status: Sold
Current Price: $5,650,000 List Date: 9/08/2024 Last Modified: 2/25/2025

Overview

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.

Supplements: The home has an incredible layout throughout with plenty of spaces to make family memories and entertain guests alike! With six spacious bedrooms, and seven bathrooms, ''Vermillionaire'' provides luxurious accommodations for all guests. From the moment you step inside this home you're greeted with stunning views of its incredible outdoor spaces, d ...

Listing Details MLS# 958720

Status Change Info

Under Contract Date
2025-01-19
Sold Date
2025-02-25
Sold Price/SqFt
928.97

Contract Info

List Price/SqFt
985.7
Listing Board
Emerald Coast

Location Tax and Legal

Area
18 - 30A East
Street #
46
Street Name
Vermilion
Street Suffix
Way
State
FL
Zip Code
32459
County
Walton
Project Name/Subdivision
WATERCOLOR
Parcel ID
15-3S-19-25424-000-0200

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
6082
SqFt Source
County PA Records
Full Baths
6
Half Baths
Yes
Total Bathrooms
7
# Stories
3
Year Built
2015
Immediate Occupancy
Yes
Garage
Yes
Carport
No
Garage Spaces
2
Driveway Spaces
5
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 20 VERMILION POINT AT WATERCOLOR PB 15-95 OR 2643- 3580 OR 2810-4811 OR 2823-2369 OR 2916-4785

Listing Info, Tax & Legal

Who Paid Doc Stamps
Seller
Who Paid Title
Buyer
Homestead
Yes
Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
1460
Annual Assessment Amount
5840
Assessment Paid
Quarterly
New Buyer Fee
Yes
New Buyer Fee Amt
307
New Buyer Fee Paid
$
Last Taxes
44673
Last Tax Year
2023
Brokerage Interest
No Interest
As Is
No

More Information

Remarks & Misc

Remarks
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.

Construction Status

Construction Complete
Yes

Parking Features

Garage Detached
Yes
Guest
Yes

Lot/Parcel Access

County Road
Yes
Paved Road
Yes

Lot Features

Cul-De-Sac
Yes
Dead End
Yes
Restrictions
Yes
Within 1/2 Mile to Water
Yes

Project Facilities

Beach
Yes
Deed Access
Yes
Dock
Yes
Fishing
Yes
Pets Allowed
Yes
Pickle Ball
Yes
Playground
Yes
Pool
Yes
Short Term Rental - Allowed
Yes
Tennis
Yes
TV Cable
Yes
Waterfront
Yes

Construction/Siding

Roof Metal
Yes
Siding Wood
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Phone
Yes
Public Sewer
Yes
Public Water
Yes
TV Cable
Yes

Zoning

Resid Single Family
Yes

Exterior

Balcony
Yes
BBQ Pit/Grill
Yes
Deck Enclosed
Yes
Deck Open
Yes
Fenced Back Yard
Yes
Fenced Privacy
Yes
Fireplace
Yes
Guest Quarters
Yes
Hot Tub
Yes
Patio Covered
Yes
Patio Open
Yes
Pool - Heated
Yes
Porch
Yes
Porch Open
Yes
Separate Living Area
Yes
Shower
Yes
Sprinkler System
Yes
Summer Kitchen
Yes
TV Antenna
Yes

Interior

Ceiling Raised
Yes
Fireplace Gas
Yes
Floor Hardwood
Yes
Furnished - All
Yes
Guest Quarters
Yes
Kitchen Island
Yes
Lighting Recessed
Yes
Owner's Closet
Yes
Pantry
Yes
Plantation Shutters
Yes
Shelving
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes
Window Treatment All
Yes

Financing

Conventional
Yes
Exchange
Yes
FHA
Yes
VA
Yes

Appliances

Auto Garage Door Opn
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Fire Alarm/Sprinkler
Yes
Freezer
Yes
Ice Machine
Yes
Microwave
Yes
Oven Double
Yes
Oven Self Cleaning
Yes
Range Hood
Yes
Refrigerator
Yes
Security System
Yes
Smoke Detector
Yes
Stove/Oven Gas
Yes
Washer
Yes

Energy

AC - 2 or More
Yes
AC - Central Elect
Yes
Ceiling Fans
Yes
Heat Cntrl Electric
Yes
Water Heater - Tnkls
Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBath Tile
Yes
MBath Walk-In Closet
Yes
MBed Balcony
Yes
MBed First Floor
Yes
MBed Walk-in Closet
Yes

Bedroom

First
Yes
Second
Yes
Third
Yes

Kitchen

First
Yes

Living Room

First
Yes

Full Bathroom

First
Yes
Second
Yes
Third
Yes

Rooms

Bedroom
Yes
Covered Porch
Yes
Den
Yes
Dining Room
Yes
Full Bathroom
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Recreation Room
Yes

Fees Include

Ground Keeping
Yes
Internet Service
Yes
Security
Yes
Trash
Yes
TV Cable
Yes

Property Features

Construction Status: Construction Complete Lot Features: Cul-De-Sac; Dead End; Restrictions; Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Garage Detached; Guest Project Facilities: Beach; Deed Access; Dock; Fishing; Pets Allowed; Pickle Ball; Playground; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: 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 Interior: 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 Appliances: 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 Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Tnkls Bedroom: First; Second; Third Kitchen: First Living Room: First Full Bathroom: First; Second; Third Rooms: Bedroom; Covered Porch; Den; Dining Room; Full Bathroom; Kitchen; Laundry; Living Room; Recreation Room Financing: Conventional; Exchange; FHA; VA Fees Include: Ground Keeping; Internet Service; Security; Trash; TV Cable

Room Information

Room Name Level Dimensions Length Width Remarks
Bedroom First 155 x 13 155.00 13.00 Primary Bedroom 1
Bedroom Second 147 x 89 147.00 89.00 Primary Bedroom 2
Bedroom Second 1,610 x 132 1610.00 132.00 Bedroom 3
Bedroom Second 155 x 13 155.00 13.00 Bedroom 4
Bedroom Third 1,510 x 910 1510.00 910.00 Bedroom 5 Bunk Room
Bedroom Second 119 x 710 119.00 710.00 Bedroom 6 Carriage House
Full Bathroom First 85 x 79 85.00 79.00 Primary Bath 1 Not Including Walk in Shower
Full Bathroom First 810 x 5 810.00 5.00 1/2 Bath
Full Bathroom Second 131 x 1,911 131.00 1911.00 Primary Bath 2
Full Bathroom Second 154 x 83 154.00 83.00 Bath 3
Full Bathroom Second 97 x 89 97.00 89.00 Bath 4
Full Bathroom Third 811 x 94 811.00 94.00 Bath 5
Living Room First 389 x 1,910 389.00 1910.00
Kitchen First 144 x 1,611 144.00 1611.00
Recreation Room Third 22 x 1,710 22.00 1710.00 Game Room
Dining Room First 209 x 14 209.00 14.00
Den First 184 x 13 184.00 13.00
Laundry First 134 x 123 134.00 123.00 Includes Mud Room
Covered Porch First 86 x 297 86.00 297.00 Front Porch
Listing Office: The Beach Group Properties LLC
Last Updated: February - 25 - 2025
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.