5 Red Basil Drive, Santa Rosa Beach, FL

$2,500,000

Previous Next

5

Beds

5

Baths

2,749

Square feet

0.10

Acres

About 5 Red Basil Drive

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 $210,143 for 2026 (all gross revenue numbers) with new reservations coming in daily and lots of owner use! Over 65 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.

Features of 5 Red Basil Drive

5 Beds
5.00 Baths
2749 Sqft
0.10 Acres
1 Garages
MLS® # 1008482
Price $2,500,000
Bedrooms 5
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 2,749
Acres 0.10
Year Built 2013
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Pending
Last Taxes 16806.38
Last Tax Year 2024

Community Information

Address 5 Red Basil Drive
Area 18 - 30A East
Subdivision WATERCOLOR
City Santa Rosa Beach
County Walton
State FL
Zip Code 32459

Amenities

Utilities Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable, Underground
Parking Garage Door Opener, Golf Cart Garage
# of Garages 1

Interior

Interior Features Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Pantry, Upgraded Media Wing, Walls Wainscoting, Washer/Dryer Hookup, Woodwork Painted
Appliances Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Gas Water Heater, Tankless Water Heater
Heating Central, Gas - Natural
Cooling Central Air, Ceiling Fan(s)
# of Stories 2

Exterior

Exterior Features Outdoor Shower, Sprinkler System, Separate Living Area
Lot Description Corner Lot, Covenants, Irregular Lot
Windows Window Treatments
Roof Metal
Construction Frame, Roof Pitched, Siding CmntFbrHrdBrd
Foundation Slab

School Information

Elementary Dune Lakes
Middle Emerald Coast
High South Walton

Additional Information

Days on Website 48
Zoning Resid Single Family
Has HOA Yes
HOA Fees Include Accounting, Land Recreation, Recreational Faclty, Security, TV Cable, Trash, Internet Service

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?