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Residential Development Lot
For Sale
$859,000

215 South Wisteria Way, Santa Rosa Beach, FL 32459

Residential lot in Watercolor Phase 4 with community amenities including swimming pools and a Gulf-front beach club.

Property Size3,049 SF
Price / SF$281.73
Days on Market344

Property Features for 215 South Wisteria Way

General Information

Standard status Active
Size 3,049 SF
Property subtype Land / Vacant Land
Zoning Deed Restrictions, Resid Single Family

Taxes and HOA fees

Annual Taxes $2,772

Amenities

0.0
Listing Agency: 1 Percent Lists Florida Coast
Listed By: Chad A Roig · License #3493298
Source: Compass
Added: Nov 25, 2025 Changed: Oct 28 Last Checked: Nov 1 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1 Percent Lists Florida Coast

Rey
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Investment Insights

Based on property information with market context.

Offered for sale is a residential development lot in Phase 4 of Watercolor, suited for building a custom home. The property is part of the Watercolor community and is presented as a home-building opportunity.

Within Watercolor, residents have access to multiple resort-style amenities, including community swimming pools and a freshly updated Gulf-front beach club. The community also features a fitness center, tennis center, camp Watercolor, and additional amenities described as part of the Watercolor lifestyle.

For buyers seeking to construct a new residence in a planned community setting, this lot provides a straightforward path to custom home development within Watercolor Phase 4.

Key Highlights

  • Residential lot in Watercolor Phase 4
  • Community access to five resort‑style swimming pools
  • Access to a freshly updated Gulf‑front beach club

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 32459, FL

20,567
Population
17,700
Households
1.2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
377
Density / Sq Mi
$101,067
Median Household Income
$53,393
Median Earnings
$2,165
Median Rent
$613,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in Watercolor Phase 4 with community amenities including swimming pools and a Gulf-front beach club.
Where is this residential land & home lot located?
The property is located at 215 South Wisteria Way Santa Rosa Beach, FL.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Residential lot in Watercolor Phase 4; Community access to five resort‑style swimming pools; Access to a freshly updated Gulf‑front beach club
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