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Watercolor, Florida Market April Update

By
Real Estate Broker/Owner with PMI. Destin

There are currently 52 active listings of single family homes in Watercolor.  Watercolor is a planned subdivison developed by the St Joe Land Development Company.  The subdivision is almost fullt developed but there is always signs of construction as the homes that were built in the first phases are being remodeled and the last lots that were undeveloped are finally being built upon.  This is slightly down from this time last year.  We are entering the summer season and most folks do not really want to sell their properties if they have a full summer of rentals on the books.  

There are 16 pending listings and 26 have sold over the last six months.  

Of the sold listings the average days on market is 141.  the price per square foot of these sold properties is $547.00.  The average price per square foot of the active listings is $678.00.  A big difference.  Median price of the active listings in $1,899,500.00.  The sold listings is $1,430,000.00.  Average size of all of these listings is over 3,000 square feet.  

AMENITIES AT WATERCOLOR

Not only is the WaterColor community located alongside the beautiful Gulf of Mexico, but this community also abuts Western Lake, one of the area’s rare coastal dune lakes, wedged between the gulf and untouched longleaf pine forest. WaterColor amenities take full advantage of these natural surroundings with an award-winning Beach Club; over a dozen parks and green areas, including an outdoor amphitheater for cultural events; wooded trails; and access to paddleboards, kayaks, canoes, bikes, bike trailers and more. The community also has a state-of-the-art fitness center, a Town Center with shops and restaurants and several neighborhood pools for cooling off on hot days.

Water Color Beach Club

 The WaterColor Beach Club is located along the Gulf of Mexico, offering spectacular beach views. On hot days, find a refreshing respite in the club’s pool, or stop by to lounge poolside and enjoy a cocktail and some delicious food from the club’s restaurant. The club features fully-equipped changing rooms with showers and lockers and a pool service area that offers sunscreen, hats, water toys and even chilled towels. Residents can take in a breathtaking gulf view or a gorgeous beach sunset on the club's balcony or beach boardwalk. 

Community Pools

In addition to the pool at the WaterColor Beach Club, the community of WaterColor also features several neighborhood pools. Stop by the one closest to home and jump in to cool off on a hot day. 

Parks and Gardens

 The striking natural beauty of diverse habitats is a highlight of living in the WaterColor® community. Not only is the community located along the pristine Gulf of Mexico, but it also features over a dozen parks and garden areas. Parks include shady benches for reflection and rest, expansive green lawns for play and events, fountains, shell-surface footpaths and more.

 

 

 

 

Comments (1)

Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us posted and in the loop. Have a great weekend!

May 03, 2019 09:55 AM