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51 Mystic Cobalt Street, Santa Rosa Beach, FL 32459

New Listing
$4,865,000
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: 3/17/2026

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 accommodations for family and visitors. A spacious, light-filled living area on this level includes an alcove ideal for dining, games, or a secondary lounge space, with access to wraparound porches that make indoor-outdoor living seamless. The second level serves as the heart of the home, where an open-concept kitchen, living, and dining area creates an inviting space for gathering. The gourmet kitchen features a generous island with breakfast bar seating, ample cabinetry, and easy flow into the dining area, accommodating both everyday living and entertaining. Just beyond, wraparound deck space extends the living area outdoors. The primary suite is also located on this level, offering balcony access and a marble-clad bathroom designed as a private retreat. An additional full bath on this floor functions conveniently as a powder bath or guest bath. On the third level, an indoor-outdoor living space opens to partial views of WaterColor's Town Center and glimpses of the Gulf, creating an elevated setting for sunset conversations or quiet mornings. Multiple levels of outdoor deck space throughout the home provide ample room to relax, dine, and enjoy the coastal breeze. The detached carriage house offers additional privacy and flexibility, complete with a basic kitchenette, sitting area, flat-screen TV, and full bathroom, ideal for guests or extended stays. Additional highlights include a screened-in porch with outdoor dining and grill, a two-car garage, and an in-home Peloton stationary bike for an immersive, high-energy workout experience. Offering proximity to WaterColor's renowned pools, trails, dining, and beach access, 51 Mystic Cobalt Street blends architectural character, versatile living spaces, and an exceptional location within one of 30A's most sought-after communities.

More Information MLS# 998160

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1241.7 List Date: 2026-03-16 Current Price: $4,865,000 List Price: $4,865,000

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

General Property Info

Sub-Type: Detached Single Family Design: Florida Cottage SqFt Source: Agent-Measured Garage: Yes Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 3918 Bedrooms: 5 Full Baths: 6 Total Bathrooms: 6 # Stories: 3 Year Built: 2006 Garage Spaces: 2 Acreage: 0.12

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

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: 1

Parking Features

Other: 1

Waterview

Gulf: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

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

Project Facilities

Beach: 1 Dock: 1 Exercise Room: 1 Fishing: 1 Golf: 1 Pets Allowed: 1 Pickle Ball: 1 Playground: 1 Pool: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Foundation On Piling: 1 Roof Metal: 1 Siding CmntFbrHrdBrd: 1 Trim Wood: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Deed Restrictions: 1 Resid Single Family: 1

Exterior

Guest Quarters: 1 Porch: 1 Porch Screened: 1 Shower: 1

Interior

Breakfast Bar: 1 Ceiling Beamed: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Floor Hardwood: 1 Floor Tile: 1 Furnished - Some: 1 Guest Quarters: 1 Kitchen Island: 1 Lighting Recessed: 1 Wallpaper: 1 Washer/Dryer Hookup: 1 Wet Bar: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1 MBed Walk-in Closet: 1

Master Bedroom

Second: 1

Bedroom

First: 1

Living Room

Second: 1

Full Bathroom

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Full Bathroom: 1 Laundry: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1 Screened Porch: 1 Separate Apartment: 1 Sitting Room: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Master Association: 1 Recreational Faclty: 1 TV Cable: 1

Status Change Info

Status: Active

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

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 - 17 - 2026
Broker Attribution: dahlerandco@scenicsir.com

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