72 String Lily Cove, Santa Rosa Beach, FL 32459

$1,299,000
Property Type: Land Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $1,299,000 List Date: 3/01/2026 Last Modified: 4/26/2026

Overview

Description

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.

Supplements: 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 cover ...

Listing Details MLS# 981605

Contract Info

Listing Board
Emerald Coast
List Price/Acre
9992307.69

Location Tax and Legal

Street #
72
Street Name
String Lily
Street Suffix
Cove
Area
18 - 30A East
State
FL
Zip Code
32459
County
Walton
Project Name/Subdivision
WATERCOLOR
Parcel ID
14-3S-19-25405-000-0370

General Property Info

Sub-Type
Vacant Land
Acreage
0.13

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 37 PARK DISTRICT AT WATERCOLOR PB 22-94 OR 3175-3473

More Information

Listing Info, Tax & Legal

Is Subject Leased
No
Assessment Fees
Yes
Assessment Amount
1510
Annual Assessment Amount
6040
Assessment Paid
Quarterly
New Buyer Fee
Yes
New Buyer Fee Amt
307
New Buyer Fee Paid
$
Last Taxes
8851.13
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
No

Remarks & Misc

Remarks
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.

Lot Features

Cleared
Yes
Cul-De-Sac
Yes
Within 1/2 Mile to Water
Yes

Project Facilities

Beach
Yes
Short Term Rental - Not Allowed
Yes

Lot Access

City Road
Yes
Paved Road
Yes

Utilities

Electric
Yes
Gas - Natural
Yes
Public Sewer
Yes
Public Water
Yes

Zoning

Resid Single Family
Yes

Financing

Conventional
Yes

Fees Include

Ground Keeping
Yes
Master Association
Yes
Security
Yes
TV Cable
Yes

Property Features

Lot Access: City Road; Paved Road Lot Features: Cleared; Cul-De-Sac; Within 1/2 Mile to Water Zoning: Resid Single Family Project Facilities: Beach; Short Term Rental - Not Allowed Utilities: Electric; Gas - Natural; Public Sewer; Public Water Financing: Conventional Fees Include: Ground Keeping; Master Association; Security; TV Cable
Listing Office: Compass
Last Updated: April - 26 - 2026
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.