4 bedroom Detached Single Family at 58 String Lily Cove, WaterColor, Santa Rosa Beach — photo 1Front elevation
4 bedroom Detached Single Family at 58 String Lily Cove, WaterColor, Santa Rosa Beach — photo 2Living space
4 bedroom Detached Single Family at 58 String Lily Cove, WaterColor, Santa Rosa Beach — photo 3Kitchen
4 bedroom Detached Single Family at 58 String Lily Cove, WaterColor, Santa Rosa Beach — photo 4Owner's suite
4 bedroom Detached Single Family at 58 String Lily Cove, WaterColor, Santa Rosa Beach — photo 5Exterior / yardView all 51 photos →
Pending Detached Single Family
$4,225,000
4-Bedroom Detached Single Family in WaterColor

58 String Lily Cove, Santa Rosa Beach, FL 32459

Detached Single Family in WaterColor, Santa Rosa Beach · No CDD · Built 2024
WaterColor · Santa Rosa Beach, FL 32459 · Walton
Listing data updated July 26, 2026 · refreshed twice daily
4Bedrooms
4.5Bathrooms
2024Year Built
1-car garageNo CDDFEMA Zone X4 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
Buyer leverage
Buyer advantage
101 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~20 ft elevation
$10k–$20k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: realMLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights
  • No CDD assessment on record
  • Built 2024 · 2 yrs
  • 1-car garage
  • 101 days on market
  • HOA ~$50/mo (estimate; confirm)
Property timeline

This home’s history

  • 2024BuiltPer public record
  • NowUnder contractCurrently pending

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$26,323/mo
  • Principal & interest $21,408/mo 81%
  • Taxes $3,697/mo 14%
  • Insurance $1,168/mo 4%
  • HOA $50/mo 0%

$26,323/mo at 20% down, 30-yr @ 6.52% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

75/100
Strongest on: Flood safety (95), Insurance cost (80)
0 limited50100 exceptional

75/100 is strong across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Affordability50
List price $4,225,000 vs the community median $4,225,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~20 ft elevation. Verify the parcel with FEMA.
Insurance cost80
From FEMA Zone X and a 2024 build. Obtain a property-specific quote.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Listing description

About this home

Situated within WaterColor's only non Short term rental and newest--and quickly become most coveted--setting, this gracefully designed residence captures the very essence of refined coastal living.There is a quiet confidence to this WaterColor home, the kind that comes from vision carried through without compromise. Never before offered, it arrives fully realized -- an extraordinary collaboration between architect Greg Jazayeri, builder Borges Brooks, and the discerning eye of Kaitlyn Tiller of Kalon Home. The result is a residence that feels at once elevated and deeply livable, where every detail has been considered and nothing left to chance.

Inside, volume and light set the tone. Soaring cathedral ceilings with exposed beams rise more than 20 feet above... ...

the main living spaces, creating.. airy sense of scale, while ... hardwoods ground the home in comfort.

The open living, dining, and kitchen areas unfold with ease, designed as much for quiet mornings as they are for lively evenings. A Sub-Zero refrigerator and Wolf range anchor the kitchen, complemented by custom Smithart cabinetry and a discreet butler's pantry that brings both function and refinement to entertaining. The living room flows seamlessly to a screened porch where a second fireplace and outdoor grill extend the experience outdoors, offering a natural gathering place in every season.

Nearby, a custom bar invites conversation, while curated furnishings, designer fabrics, and custom drapery throughout the home lend a sense of cohesion and polish that is immediately felt but never overstated. Each bedroom is appointed as a private suite, offering both comfort and privacy, with oversized closets thoughtfully designed for flexibility -- even a crib when needed. Upstairs, the home takes on a more relaxed rhythm, with two inviting porches and a generous family game room that creates space for connection, retreat, and play.

A bunk room with a king bed below adds both charm and versatility for guests of all ages. Moments of artistry are woven throughout. A Pierre Frey wall covering elevates the powder bath into something memorable, while Schumacher fabrics, Serena and Lily accents, and custom stairwell art contribute to a layered and collected aesthetic.

Even the unseen details speak to the home's level of care, including a whole-house water purification system with demineralization at the kitchen faucetl an uncommon feature that reflects a commitment to wellness as much as design. Set within one of the area's most sought-after settings, the home offers access to an exceptional collection of amenities, including multiple resort-style pools, miles of walking and biking trails, tennis and pickleball courts, a new fitness center underway, and a vibrant mix of shops, dining, and outdoor recreation. This is a home that doesn't rely on a single moment to impress.

Instead, it reveals itself gradually, through craftsmanship, materiality, and an unmistakable sense of intention--an enduring expression of coastal living at its most refined.

Description provided by Scenic Sotheby's International Realty and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$4,225,000
Bed / bath4 / 4.5
Year built2024
Property typeDetached Single Family
Garage1-car
MLS #999270
Listing statusPending

Public records & third-party data

FEMA flood zoneZone X
Ground elevation~20 ft
Windstorm exposureLow
CountyWalton
Area listings29 active · 7 under contract
Estimated first-year tax~$44,362/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Estimated monthly payment$26,323
Insurance (illustrative)$10k–$20k/yr
Comparable-sales median$4,225,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of Scenic Sotheby's International Realty · Listing agent: Randy Carroll · blake@scenicsir.comProvided via the Emerald Coast Association of REALTORS® Internet Data Exchange · Source: Emerald Coast Association of REALTORS® · © 2026 Emerald Coast Association of REALTORS®, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
Keep looking

Similar homes for sale near WaterColor

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $4,225,000Momentum Realty · on market 101 days
Public records

Building permits

Permit history not yet linkedAdd county permit records via overrides
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$44,362/yr

A rough first-year estimate only, applying a typical Walton rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$10k–$20k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone X

From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.

Ground elevation
~20 ft

Approximate parcel elevation from USGS. Run --online for a live reading.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida. Run --online or confirm at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Market data · public records

Recent sales activity in WaterColor

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the WaterColor neighborhood guide for more.

Comparable sales found
0

Recent nearby closings in the data set.

Community median sale price
$4,225,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$0

Canonical 12-month median $/sq ft. Reference only.

Go deeper on WaterColor

See schools, amenities, builders, HOA/CDD detail, and every active & sold home in the community — the single biggest advantage of buying here over a portal.

Assigned schools

Assigned schools

Schools currently assigned to this address in Walton County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

GRADEA
Dune LakesAssigned elementary school · Walton County School District · Grade A (Florida DOE 2025-26)
SeasideAssigned middle school · Walton County School District
GRADEA
South WaltonAssigned high school · Walton County School District · Grade A (Florida DOE 2025-26)
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

No closely comparable recent sales were found in this data set.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$19,365 – $28,167/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.7%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$7,557 – +$365At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

A neutral list of items to confirm for any home. This is general guidance, not advice about this specific property.

  • Confirm roof age and condition during inspection.
  • Confirm HVAC age and condition during inspection.
  • Request current HOA documents before relying on dues or restrictions.
  • Obtain an insurance quote for this specific property.
  • Confirm school zoning directly with the district.
  • Order a survey to confirm lot boundaries.
  • Review permit history with the county.
  • Confirm whether flood insurance is required for this parcel.
  • Confirm square footage and room dimensions independently.
  • Ask the county how property taxes may change after a sale.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

Provenance

Data sources & freshness

Listing recordrealMLS, refreshed twice daily (last: July 26, 2026)
Community market statsrealMLS closed sales, as of July 25, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

Why might my property taxes differ from the current owner's?

Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment can be re-set after a sale. As a result a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Where does the flood-zone information come from?

The flood designation shown (Zone X) comes from the FEMA flood map and is provided for general information. Confirm the parcel's status with FEMA and your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 58 String Lily Cove in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Emerald Coast Association of REALTORS® Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is 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. Source: Emerald Coast Association of REALTORS®. © 2026 Emerald Coast Association of REALTORS®, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.