5 Red Basil Dr, Santa Rosa Beach, FL 32459

$2,500,000
5
BD
5
BA
2,749
SqFt

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List Price
$2,500,000
MLS#
1008482
Type
Single Family Residential
Year Built
2013
City
Santa Rosa Beach
Subdivision
Watercolor
Bedrooms
5
Bathrooms
5
Half-baths
1
Living Area
2,749
Acres
0.10
Status
ACTIVE

Property Description

Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership. The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony. Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles. Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $171,481.25 for 2026 (all gross revenue numbers excluding taxes collected) with new reservations coming in daily and lots of owner use! Over 60 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal. Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.

Additional Information

Style
Beach House
High School
South Walton
Interior Features
Breakfast Area, Crown Molding, Vaulted/Cathedral Ceilings, Kitchen Island, Recessed Lighting, Pantry, Media Room, Wainscoting, Washer Hookup, Newly Painted
Cooling
Central Air, Ceiling Fan(s)
Heating
Central, Natural Gas
Exterior Features
Outdoor Shower, Sprinkler System, Outdoor Living Area
Roof
Metal

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Calculator source: Real Geeks

Listing courtesy of Rising Star Real Estate Inc.

Vendor Member Number : 28166