9 hours on Rocket
#981528, Tom Fitzpatrick, Matthew Fitzpatrick, Listing office: Scenic Sothebys International Realty
$3,500,000 List price
121 Red Cedar Way Santa Rosa Beach, FL 32459
4 beds
4 full, 1 partial
3,163 sqft
0.2 acres
$1,107 / sqft
House
Property details
About 121 Red Cedar Way
Tucked away in the highly coveted Camp District of WaterColor, this newly renovated coastal retreat masterfully combines timeless luxury with laid-back Florida charm. Offering over 3,100 square feet of impeccably maintained living space, the 4-bedroom, 4.5-bathroom home is just a short stroll from Camp WaterColors award-winning amenities. Step outside to your private oasis, where a brand-new heated saltwater pool with a tranquil water feature, LED lighting, and travertine surround invites effortless relaxation. Finished with premium Gunite for a sleek, refined look, the outdoor living experience is further elevated by a large screened porch—perfect for alfresco dining—and lush, professionally enhanced landscaping that provides privacy and curb appeal. Included in the sale is a brand-new golf cart featuring LED lights and a premium sound system, making trips to the beach or town both stylish and convenient. Inside, the home is bright and welcoming, with white oak ceilings, a thoughtfully updated interior, and refined finishes throughout. The chefs kitchen is a true showpiece, complete with Wolf, Sub-Zero, and Bosch appliances, marble countertops and backsplash, and a dedicated ice makertailored for effortless entertaining. Each bedroom is beautifully appointed, with upgraded televisions and a brand-new mattress in the primary suite. New furnishings inside and out ensure a completely turn-key experience. Whether youre searching for a full-time residence or a luxurious second home, this WaterColor gem offers a rare opportunity to own a move-in-ready retreat just minutes from the Gulf, Seaside, and all the best of 30A.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s)
Size3,163 sqft
Lot size0.18 Acres
Year built2006
MLS #977162
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Range Hood, Refrigerator, Gas Oven, Washer
- Interior: Raised Ceiling, Kitchen Island, Owners Closet, Washer/Dryer Hookups, Wet Bar, Woodwork Painted
- Total Bedroom Count: 4
- Private Pool: Yes
- Exterior: Shower, Yard Building
- Architectural Style: Beach House
- Heating: Central
- Cooling: Ceiling Fan(s)
- List Price: $3,500,000
- Price/SqFt: $1,106
- HOA Amount: $1510 Quarterly
- Annual Tax Amount: $18,788
- Tax Year: 2023
- Lot: Covenant/Restriction, Irregular Lot, Level, Survey Available
- Directions: Enter WaterColor community on W. Lake Forest Dr. Turn left on Western Lake Dr. Turn Right on Red Cedar Way. House is located on the Right.
- Year Built: 2006
- Stories: 3
- Living Area: 3,163 SqFt
- Lot Size: 0.18 Acres
- MLS Number: 977162
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Scenic Sothebys International Realty
- Office Email: dahlerandco@scenicsir.com
- Listing Agent: Dahler & Co.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 8:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 24, 2024 | Home Sold | $3,400,000 |
| May 18, 2011 | Home Sold | $970,000 |
| Mar 08, 2005 | Home Sold | $725,000 |
| Feb 06, 2004 | Home Sold | $295,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,413,094 | $18,788 |
| 2022 | $1,941,802 | $16,343 |
| 2021 | $1,510,930 | $16,343 |
| 2020 | $1,266,393 | $14,048 |
| 2019 | $1,243,887 | $12,353 |
| 2017 | $1,150,496 | $11,402 |
History based on county public records data.
Nearby schools
8
Dune Lakes Elementary School
Public District KG-5
3.0 mi
•6565 US Highway 98 E
7
Van R. Butler Elementary School
Public District KG-5
8.0 mi
•6694 W County Highway 30A
8
Freeport Elementary School
Public District PK-5
12.6 mi
•15381 US Highwayy 331 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,875. Typical income of Santa Rosa Beach, FL residents is between $35k-100k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
16%
<35k
39%
35k-100k
22%
100k-200k
23%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
3%
Single, with Kids
43%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
6%
12-17 yrs old
11%
18-34 yrs old
55%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Oldsmobile
What do the neighbors listen to?
News/Talk/Information
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 121 Red Cedar Way
The listing price of 121 Red Cedar Way property is $3,500,000.
The property 121 Red Cedar Way is a house located in Santa Rosa Beach, Florida, 32459.
Active Listing: 121 Red Cedar Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 121 Red Cedar Way are: Dune Lakes Elementary School (GreatSchools Rating 8/10), Van R. Butler Elementary School (GreatSchools Rating 7/10), Freeport Elementary School (GreatSchools Rating 8/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Freeport Middle School (GreatSchools Rating 7/10), Destin Middle School (GreatSchools Rating 8/10), Seaside Neighborhood School (GreatSchools Rating 10/10), South Walton High School (GreatSchools Rating 8/10), Freeport High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $18,788 (source: MLS/based on county public records data).
The last sale was on April 24, 2024 for $3,400,000 (source: MLS/tax record).
The property at 121 Red Cedar Way has 4 bedrooms and 4 full and 1 half bathrooms.
The property 121 Red Cedar Way is 3,163 SqFt (source: MLS/tax record).
The year of construction for 121 Red Cedar Way is 2006.
This home is located at 121 Red Cedar Way in Santa Rosa Beach, FL and zip code 32459. This 3,163 square foot home, which was built in 2006, sits on a 0.18 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $3,500,000.
While more than 2 listings in Santa Rosa Beach, FL in June 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 55 were sold below. In June 2025 in Santa Rosa Beach, FL there were 6.5% more homes for sale than in May. While the average time on the market in June 2025 was 101 days, the median list price was $995,000.
From Rocket Homes Real Estate and based on county public records data.