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35 Rain Lily Lane
Santa Rosa Beach, FL 32459

$2,595,000 - Status: Pending
Bed Icon Beds: 3
Bath Icon Baths: 3 full 1 partial
Sq Feet Icon SQFT (H&C): 2,611
MLS Icon MLS# 999749

Steps from Western Lake within WaterColor's Phase 3 - the coveted 'Lake District' - 35 Rain Lily offers a rare combination of location, instant livability, and long-term upside in one of 30A's most desired communities. The 2,611 square-foot single-owner, never rented residence features three bedrooms, a bunk room, and a library/flex space currently in process for HOA-approved conversion to a fourth bedroom - all built on a reverse floor plan that places the main living experience on the second level to capture views of the surrounding tree canopy and the sights and sounds of two water features.Tucked away from automobile traffic, the home is two lots from the Boathouse pedestrian bridge over Western Lake and the trail system which connects you to WaterColor's full amenity network: multiple pools, tennis and pickleball courts, fitness center, Camp Watercolor lazy river, nature trails, and a direct path with deeded access to the WaterColor Beach Club.Reclaimed 126-year-old Heart of Pine hardwood floors carry through every room, lending warmth and continuity throughout. Upstairs, 20-foot vaulted ceilings open above a living room anchored by a fireplace, while the kitchen is outfitted for serious use: solid wood self-closing cabinetry, a large walk-in pantry, granite countertops, twin stainless steel dishwashers, dual sinks, a Wolf gas range, and a Sub-Zero refrigerator. The layout flows naturally into dining and outdoor spaces, making the home as functional as it is comfortable.Outdoor living is the star here. The front balcony and patio both offer swinging daybeds overlooking green space and the trail system. At the back of the home, a large deck provides the footprint for expanded entertaining or Design Board tentatively approved additional bedrooms. A fully screened carriage house connects directly to the kitchen and dining spaces and converts easily into an additional private guest suite or full mother-in-law unit overlooking a private yard primed for a sizable pool -- rare in WaterColor at any price. Below, covered two-car parking and bike storage complete the structure.Opportunities at this price point, with the flexibility for immediate use, personalization, or near doubling of existing square footage (deck buildout and carriage house suite) and a pool have largely disappeared from anywhere within WaterColor.

Property Features

MLS#: 999749
Zip: 32459
Subdivision: Watercolor
Development: 18 - 30a East
Property Type: Residential - Single Family
Cooling: Ceiling Fans, Central Air
Days on Site: 12
Heating: Central
Home Style: Beach House
Lot Size: 0.13 acres
Stories: 2.0
Taxes: $23,989
Year Built: 2007
SQFT (H&C): 2,611

Feature Descriptions

Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Elect
Association Fee Includes: $0
Community Features: Short Term Rental - Allowed, Beach, Dock, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Waterfront
Exterior: Balcony
Exterior: Siding CmntFbrHrdBrd
Fireplace: Fireplace Gas
Fireplace Y/N: Yes
Flooring: Floor Hardwood, Floor Marble
HOA: Yes
Interior: Breakfast Bar, Built-In Bookcases, Ceiling Vaulted, Fireplace 2+, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup
Lot Description: Survey Available, Within 1/2 Mile to Water
Lot Dimensions: 55x110
Parcel Number: 15-3S-19-25422-000-0070
Parking: Carport, Oversized
Patio/Porch: Patio Covered, Patio Open, Porch
Pool Features: Pool Type
Property Condition: Construction Complete
Road Frontage: Private Road
Road Surface: Paved
Rooms Total: 9
Sewer: Public Sewer
Sub Type: Detached Single Family
Utilities: Electric, Gas - Natural, Public Water
Window: Window Treatmnt Some, Storm Windows

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Dune Lakes

35 Rain Lily Lane | MLS# 999749

This single family home located at 35 Rain Lily Lane, Santa Rosa Beach, FL 32459 is currently listed for sale with an asking price of $2,595,000. This property was built in 2007 and has 3 bedrooms and 3 full and 1 partial baths with 2611 sq. ft. Rain Lily Lane is located in the WATERCOLOR subdivision. Search WATERCOLOR real estate on ksmith.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Christies International Real Estate Emerald Coast

Shown By

Agent Name: Karen Smith
Agent Phone: (850) 527-5651
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 3:53:21 PM EST) or Emerald Coast MLS (last updated Thu 04/16/2026 3:47:27 PM EST) or Central Panhandle Association of Realtors (last updated Thu 04/16/2026 3:48:14 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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