40 Chapman Oak Way, Santa Rosa Beach, FL 32459

New Listing

$8,000,000

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 5,768 Lot Size (sq. ft.): 10,890 Status: Active

Current Price: $8,000,000 List Date: 7/01/2026 Last Modified: 7/05/2026

Overview

Description

Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

Listing Details MLS# 1006685

Contract Info

List Price/SqFt: 1386.96
Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 40
Street Name: Chapman Oak
Street Suffix: Way
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 14-3S-19-25400-000-0450

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5768
SqFt Source: County PA Records
Full Baths: 5
Total Bathrooms: 5
# Stories: 3
Year Built: 2014
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 2
Street Spaces: 2
userdefined76: 6
Acreage: 0.25
Pool: Yes
Pool Type: Private
Carport Spaces: 0
Covered Spaces: 0
Assigned Spaces: 0

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek
Elementary School: Bay
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 45 CYPRESS COVE AT WATERCOLOR S/D PB 15-44 OR 2576-1285 OR 2612-1446 OR 2708-6062 OR 2851-4057 OR 2867-3937 OR 2900-1870 OR 2960-2232

Listing Info, Tax & Legal

Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1890
Annual Assessment Amount: 7560
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 36270.02
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No

More Information

Remarks & Misc

Remarks: Located in Phase 2, this one family owned, never before rented home offers the privacy of a backyard preserve, a front yard facing a park area, while also being tucked nicely inside a private cove. This home has one of the largest private family pools inside the Watercolor community and was designed by the Stackable Group and built by Cole construction. A Peacock paver pool deck with fully fenced in back yard expands into a summer kitchen with an outdoor fireplace. The carriage house is fully equipped with a kitchen, full bath and extends over a full capacity two car garage. Inside the home you will find grey washed floors, mosaic marble bathrooms, and souring ceilings. A large fireplace anchors the living and dining area. This home offers large rental projections while also providing a luxurious secluded space within the community.

Construction Status

Construction Complete: Yes

Parking Features

Garage Detached: Yes

Lot/Parcel Access

Paved Road: Yes
Private Road: Yes

Lot Features

Curb & Gutter: Yes

Project Facilities

Beach: Yes
Community Room: Yes
Dock: Yes
Pets Allowed: Yes
Pickle Ball: Yes
Pool: Yes
Short Term Rental - Allowed: Yes
Tennis: Yes
TV Cable: Yes

Construction/Siding

Concrete: Yes
Foundation On Piling: Yes
Roof Metal: Yes
Siding CmntFbrHrdBrd: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

Resid Single Family: Yes

Exterior

Balcony: Yes
BBQ Pit/Grill: Yes
Columns: Yes
Deck Covered: Yes
Fenced Back Yard: Yes
Fenced Privacy: Yes
Fireplace: Yes
Guest Quarters: Yes
Patio Covered: Yes
Patio Enclosed: Yes
Patio Open: Yes
Pool - Enclosed: Yes
Pool - Gunite Concrt: Yes
Pool - In-Ground: Yes
Porch: Yes
Rain Gutter: Yes
Shower: Yes
Sprinkler System: Yes
Summer Kitchen: Yes

Interior

Breakfast Bar: Yes
Built-In Bookcases: Yes
Ceiling Beamed: Yes
Ceiling Cathedral: Yes
Ceiling Crwn Molding: Yes
Ceiling Vaulted: Yes
Fireplace: Yes
Fireplace Gas: Yes
Floor Hardwood: Yes
Floor Tile: Yes
Furnished - All: Yes
Guest Quarters: Yes
Hallway Bunk Beds: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Newly Painted: Yes
Pantry: Yes
Washer/Dryer Hookup: Yes
Window Treatment All: Yes

Appliances

Auto Garage Door Opn: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven Double: Yes
Range Hood: Yes
Refrigerator: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Washer: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Heat - Two or More: Yes
Heat Cntrl Electric: Yes
Heat High Efficiency: Yes
Water Heater - Tnkls: Yes

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: Yes
MBath Double Vanity: Yes
MBath Garden Tub: Yes
MBath Separate Shwr: Yes
MBed Balcony: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes
Second: Yes

Kitchen

First: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Bunk Room: Yes
Den: Yes
Kitchen: Yes
Master Bedroom: Yes
Media Room: Yes
Office: Yes

Fees Include

Accounting: Yes
Internet Service: Yes
Land Recreation: Yes
Trash: Yes
TV Cable: Yes

Property Features

Construction Status: Construction Complete Lot Features: Curb & Gutter Zoning: Resid Single Family Parking Features: Garage Detached Project Facilities: Beach; Community Room; Dock; Pets Allowed; Pickle Ball; Pool; Short Term Rental - Allowed; Tennis; TV Cable Exterior: Balcony; BBQ Pit/Grill; Columns; Deck Covered; Fenced Back Yard; Fenced Privacy; Fireplace; Guest Quarters; Patio Covered; Patio Enclosed; Patio Open; Pool - Enclosed; Pool - Gunite Concrt; Pool - In-Ground; Porch; Rain Gutter; Shower; Sprinkler System; Summer Kitchen Interior: Breakfast Bar; Built-In Bookcases; Ceiling Beamed; Ceiling Cathedral; Ceiling Crwn Molding; Ceiling Vaulted; Fireplace; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Guest Quarters; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Washer/Dryer Hookup; Window Treatment All Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Oven Double; Range Hood; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat - Two or More; Heat Cntrl Electric; Heat High Efficiency; Water Heater - Tnkls Master Bedroom: Second Bedroom: First; Second Kitchen: First Rooms: Bedroom; Bonus Room; Bunk Room; Den; Kitchen; Master Bedroom; Media Room; Office Fees Include: Accounting; Internet Service; Land Recreation; Trash; TV Cable

Room Information

Room Name	Level	Dimensions	Length	Width
Kitchen	First	16 x 13	16.00	13.00
Den	First	32 x 20	32.00	20.00
Bedroom	First	14 x 10	14.00	10.00
Office	First	12 x 10	12.00	10.00
Bedroom	Second	12 x 11	12.00	11.00
Master Bedroom	Second	19 x 17	19.00	17.00
Bedroom	Second	16 x 13	16.00	13.00
Bedroom	Second	17 x 12	17.00	12.00
Media Room	Third	31 x 16	31.00	16.00
Bonus Room	Third	24 x 12	24.00	12.00
Bunk Room	Third	21 x 16	21.00	16.00

Listing Office: Watersound Real Estate

Last Updated: July - 05 - 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.

40 Chapman Oak Way, Santa Rosa Beach, FL 32459 (MLS# 1006685)