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189 Climbing Rose Way, Santa Rosa Beach, FL 32459

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For Sale

$1,349,000

0.14 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

Explore this Property

A truly rare opportunity has come available in WaterColor - the last remaining corner lot in the entire community, located in the highly desirable, non-rental Phase V. Lot 27 on Climbing Rose Way offers the kind of privacy, positioning, and long-term value that simply can't be duplicated. This property conveys with fully approved architectural plans for a custom luxury residence. If you're not ready to build right away, you also have the option to purchase just the lot itself, along with the approved plans, giving you full flexibility to move forward on your own timeline. The estimated building cost for the approved design is approximately $2.3M, with a projected finished value coming in well under $4M. That positions the future owner to walk into the home with over $500,000 in potential equity, depending on finishes and market conditions. Opportunities with this level of built-in value are extremely difficult to find in WaterColor, especially when the design work, approvals, and planning have already been completed and streamlined for you. Phase V is known for being the most private and residential section of WaterColor, offering a quieter, more elevated living experience while still granting full access to the community's exceptional amenities. Owners enjoy the WaterColor Beach Club with resort-style pools, private beach access, a state-of-the-art fitness center, and dining options. Miles of scenic trails connect the entire community, perfect for biking and walking. The WaterColor Boathouse offers paddleboarding and kayaking on Western Lake, one of the area's rare coastal dune lakes. Additional amenities include tennis courts, multiple community pools, parks, and convenient access to boutique shopping and dining along Scenic Highway 30A. Whether you're planning a full-time residence or a seasonal retreat, this property provides a premium canvas to create a truly special home in one of the most sought-after coastal communities in Florida. The combination of a corner lot, approved plans, privacy, and substantial projected equity makes this one of the strongest opportunities currently available in WaterColor. For more information or to review the complete set of approved plans, contact Jake LeBlanc.
MLS# 990913

Courtesy Of 30A Local Real Estate

(850) 213-3048

Property Features

  • Lot Size
    0.14 Acres

Map and Directions

Directions to 189 Climbing Rose Way, Santa Rosa Beach, FL 32459

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Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.