51 Mystic Cobalt Street, Santa Rosa Beach, FL 32459

$4,865,000

Virtual Tour

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Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 3,918 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $4,865,000 List Date: 3/17/2026 Last Modified: 3/31/2026

Overview

Description

51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design.

Supplements: Designed with a reverse floor plan to maximize light and views, the interiors are defined by antique wood flooring, soaring 12-foot ceilings, and exposed beams that add warmth and architectural character. The first level features three well-appointed guest bedrooms, each with its own ensuite bath, along with a bunk room that offers flexible accommo ... (Read more)

Listing Details MLS# 998160

Contract Info

List Price/SqFt: 1241.7
Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East
Street #: 51
Street Name: Mystic Cobalt
Street Suffix: Street
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: WATERCOLOR
Parcel ID: 15-3S-19-25402-000-0010

General Property Info

Sub-Type: Detached Single Family
Design: Florida Cottage
Apx SqFt(Htd/Cooled): 3918
SqFt Source: Agent-Measured
Full Baths: 6
Total Bathrooms: 6
# Stories: 3
Year Built: 2006
Garage: Yes
Carport: No
Garage Spaces: 2
Acreage: 0.12
Pool: Yes
Pool Type: Community

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 1 COTTAGE DISTRICT AT WATERCOLOR OR 2299-1162 OR 2477-1011 OR 2812-4600

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: 307
New Buyer Fee Paid: $
Last Taxes: 29711.43
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: 51 Mystic Cobalt Street is a three-story residence ideally positioned within the Park District of WaterColor Resort, just steps from the Beach Club, Boathouse, Town Center, and the Gulf. While centrally located to the community's most desirable amenities, the home enjoys a sense of privacy enhanced by generous outdoor living spaces and thoughtful design.

Construction Status

Construction Complete: Yes

Parking Features

Other: Yes

Waterview

Gulf: Yes

Lot/Parcel Access

Paved Road: Yes

Lot Features

Corner: Yes
Covenants: Yes
Curb & Gutter: Yes
Restrictions: Yes
Within 1/2 Mile to Water: Yes

Project Facilities

Beach: Yes
Dock: Yes
Exercise Room: Yes
Fishing: Yes
Golf: Yes
Pets Allowed: Yes
Pickle Ball: Yes
Playground: Yes
Pool: Yes
Tennis: Yes
TV Cable: Yes
Waterfront: Yes

Construction/Siding

Foundation On Piling: Yes
Roof Metal: Yes
Siding CmntFbrHrdBrd: Yes
Trim Wood: Yes

Utilities

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

Zoning

Deed Restrictions: Yes
Resid Single Family: Yes

Exterior

Guest Quarters: Yes
Porch: Yes
Porch Screened: Yes
Shower: Yes

Interior

Breakfast Bar: Yes
Ceiling Beamed: Yes
Ceiling Crwn Molding: Yes
Ceiling Raised: Yes
Floor Hardwood: Yes
Floor Tile: Yes
Furnished - Some: Yes
Guest Quarters: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Wallpaper: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes
Window Treatment All: Yes
Woodwork Painted: Yes

Appliances

Auto Garage Door Opn: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Washer: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Ceiling Fans: Yes

Mstr Bdrm/Mstr Bath

MBath Double Vanity: Yes
MBath Garden Tub: Yes
MBath Separate Shwr: Yes
MBath Tile: Yes
MBed Balcony: Yes
MBed Walk-in Closet: Yes

Master Bedroom

Second: Yes

Bedroom

First: Yes

Living Room

Second: Yes

Full Bathroom

First: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Family Room: Yes
Full Bathroom: Yes
Laundry: Yes
Living Room: Yes
Master Bathroom: Yes
Master Bedroom: Yes
Screened Porch: Yes
Separate Apartment: Yes
Sitting Room: Yes

Fees Include

Accounting: Yes
Ground Keeping: Yes
Master Association: Yes
Recreational Faclty: Yes
TV Cable: Yes

Property Features

Construction Status: Construction Complete Lot Features: Corner; Covenants; Curb & Gutter; Restrictions; Within 1/2 Mile to Water Zoning: Deed Restrictions; Resid Single Family Waterview: Gulf Parking Features: Other Project Facilities: Beach; Dock; Exercise Room; Fishing; Golf; Pets Allowed; Pickle Ball; Playground; Pool; Tennis; TV Cable; Waterfront Exterior: Guest Quarters; Porch; Porch Screened; Shower Interior: Breakfast Bar; Ceiling Beamed; Ceiling Crwn Molding; Ceiling Raised; Floor Hardwood; Floor Tile; Furnished - Some; Guest Quarters; Kitchen Island; Lighting Recessed; Wallpaper; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; 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 Master Bedroom: Second Bedroom: First Living Room: Second Full Bathroom: First Rooms: Bedroom; Dining Room; Family Room; Full Bathroom; Laundry; Living Room; Master Bathroom; Master Bedroom; Screened Porch; Separate Apartment; Sitting Room Fees Include: Accounting; Ground Keeping; Master Association; Recreational Faclty; TV Cable

Room Information

Bedroom Level: First Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: First Dimensions: 14 x 10 Length: 14.00 Width: 10.00 Dimensions: 14 x 10 Bedroom Level: First Dimensions: 14 x 10 Length: 14.00 Width: 10.00 Dimensions: 14 x 10 Full Bathroom Level: First Dimensions: 9 x 5 Length: 9.00 Width: 5.00 Dimensions: 9 x 5 Full Bathroom Level: First Dimensions: 9 x 5 Length: 9.00 Width: 5.00 Dimensions: 9 x 5 Full Bathroom Level: First Dimensions: 9 x 5 Length: 9.00 Width: 5.00 Dimensions: 9 x 5 Laundry Level: First Dimensions: 10 x 7 Length: 10.00 Width: 7.00 Dimensions: 10 x 7 Screened Porch Level: First Dimensions: 15 x 9 Length: 15.00 Width: 9.00 Dimensions: 15 x 9 Family Room Level: First Dimensions: 22 x 15 Length: 22.00 Width: 15.00 Dimensions: 22 x 15 Master Bedroom Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Master Bathroom Level: Second Dimensions: 20 x 8 Length: 20.00 Width: 8.00 Dimensions: 20 x 8 Dining Room Level: Second Dimensions: 21 x 20 Length: 21.00 Width: 20.00 Remarks: Dining/Kitchen Combo Dimensions: 21 x 20 Living Room Level: Second Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11 Sitting Room Level: Third Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Separate Apartment Dimensions: 23 x 23 Length: 23.00 Width: 23.00 Dimensions: 23 x 23

Listing Office: Scenic Sotheby's International Realty

Last Updated: March - 31 - 2026

Broker Attribution: dahlerandco@scenicsir.com

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.

51 Mystic Cobalt Street, Santa Rosa Beach, FL 32459 (MLS# 998160)