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About This Home

This 4-bedroom, 4-bathroom single family at 21 Blackwater Street in Santa Rosa Beach, FL is listed for $4,695,000 ($1,172 per sqft). Built in 2006, the home offers 4,007 sqft of living space on a 0.16 acres lot.

Agent Description

21 Blackwater Street presents a rare opportunity to own one of 30A's most compelling waterfront residences--offered at an extraordinary value, approximately $800,000 below appraised value. Spanning 4,007 square feet across three thoughtfully designed levels, this four-bedroom, four-and-a-half-bathroom home blends refined architecture, sophisticated interiors, and an unparalleled connection to the natural beauty that defines the Emerald Coast.

From the moment you enter, rich hardwood flooring, a striking glass-railed staircase, and expansive lake views establish a sense of understated elegance. The main living area is anchored by custom built-ins and framed by windows that capture the ever-changing scenery of Western Lake.

Designed for both entertaining and everyday living, the chef's kitchen features an oversized island, Viking range, built-in coffee system, and generous gathering spaces that flow seamlessly to multiple porches overlooking the water. The second-floor primary suite offers a private retreat with its own balcony, dual walk-in closets complete with cust

om cabinetry, a dedicated makeup vanity, and a spa-inspired bath featuring a soaking tub and separate shower room. Additional accommodations include spacious guest suites, a custom bunk room, a media room with built-ins, and a fitness room with wet bar, creating exceptional flexibility for hosting family and friends.

Outdoor living is equally impressive. An intimate courtyard centered around a fireplace and fountain invites relaxed evenings beneath the stars, while oversized screened porches provide front-row views of one of South Walton's most treasured coastal dune lakes.

A two-car garage, abundant storage, and carefully curated design details throughout enhance both comfort and functionality. Just moments from WaterColor's celebrated amenities--including resort-style pools, nature trails, parks, and access to the Gulf--and within easy walking, biking, or golf cart distance of Seaside, acclaimed dining, boutique sho

pping, and the sugar-white beaches of 30A, this residence embodies the effortless luxury and coastal lifestyle for which the community is renowned. Short-term rentals are permitted, further enhancing the property's versatility and investment potential.

Key Features

  • Built in 2006
  • 0.16 acre lot
  • 3 stories
  • 4 parking spaces
  • Fireplace
  • Waterfront

Property Details

3 stories
3 full, 1 half
4 spaces
2006

Amenities

FireplaceWaterfrontViewHardwoodA/C

Monthly Cost Estimate

$26,670/mo

20% down · 6.5% · 30 years

Principal$3,395
Interest$20,345
Insurance$1,369
HOA$1,560

Estimates only. Actual payments may vary.

Location

21 Blackwater Street

Santa Rosa Beach, FL 32459

WATERCOLOR

Features & Amenities

Exterior Features

Rain GutterBalconyBBQ Pit/Grill

Property Details

Flooring

Hardwood

Construction

Siding Shake Siding Wood

Views

Lake

Pool Features

PorchDeck

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerRefrigeratorStove/Oven GasWasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 21 Blackwater Street is listed at $4,695,000 ($1,172/sqft). The estimated monthly payment is $21,905 based on 20% down at 6.5% interest.

HOA fees are $1560/month.

Key features include: Built in 2006, 0.16 acre lot, 3 stories, 4 parking spaces, Fireplace, Waterfront. Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill.

This property is listed by Hilary K Farnum-Fasth and can be reached at 8506850171 or hilary@corcoranreverie.com.

HF

Hilary K Farnum-Fasth

Agent at Corcoran Reverie SRB

(850) 685-0171

Listed by Corcoran Reverie SRB · View on Broker Site

MLS# 1004623· Source: listhub· Updated 3 days ago

Copyright © 2026 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.

21 Blackwater Street, Santa Rosa Beach, FL 32459

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