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Back 72 Lily Lane
Off Market

72 Lily Lane

Santa Rosa Beach FL 32459

5662.8 sq. ft.
Land
Last sold for $1,300,000
Spears GroupSpears Group, last sold this property on 01 July 2026 after 487 days on market.

Overview

Discover an unparalleled opportunity to build your dream home in the prestigious Park District of Watercolor, Phase V. Lot 37 is a premier homesite, ideally situated at the end of a quiet cul-de-sac on String Lily Cove. This exceptional property offers privacy and tranquility, with a greenbelt behind it and a 20-ft-wide greenway easement between it and the adjacent lot to the right. A completed home on the left further enhances the setting. This shovel-ready lot comes with fully approved and entitled architectural plans designed by Chris Stoyles of Archiscapes, along with all necessary Walton County permits, allowing you to break ground immediately. The current plans feature a stunning 5-bedroom, 7-bathroom home spanning 5,270 sqft of heated/cooled space, plus over 1,300 sqft of covered balconies and porches. The design includes a private pool, a summer kitchen, and an outdoor living area complete with a fire pit ensuring the ultimate indoor-outdoor coastal lifestyle. Phase V is Watercolor's final and only short-term rental-restricted phase, ensuring a peaceful residential atmosphere. Residents also have access to an exclusive community pool available only to the owners of the 41 homesites within the phase. As a Watercolor homeowner, you'll enjoy exclusive access to world-class amenities, including the Watercolor Beach Club, featuring three Gulf-front pools, cabanas, a tiki bar, and dining options. Camp Watercolor offers a family-friendly water park with slides, a lazy river, and a casual dining area. Outdoor enthusiasts will appreciate direct access to Western Lake for kayaking and paddle boarding. The community's extensive trail system, lush parks, and beautifully landscaped common areas provide endless opportunities for recreation and relaxation. This is a rare opportunity to secure one of the most desirable homesites in 30A's largest master-planned community. Don't miss your chance to own a piece of paradise in Watercolor. For more details or to schedule a site visit, contact us today.

Features

5662.8 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Santa Rosa Beach over the last 12 months, the estimated median property value of 72 Lily Lane is $300k.

Median value
$300k
Estimated value range
$30k - $25m
Median days on market
104
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Santa Rosa Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 72 Lily Lane

2026
Sold
$1,300,000
01 Jul 2026 by Spears Group, of Compass

Happy sellers in Santa Rosa Beach

88%
88% of sellers in Santa Rosa Beach reported that their sale price either exceeded or met their price expectations.

Santa Rosa Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Santa Rosa Beach over the last 12 months.

Local market activity for land plots in Santa Rosa Beach

In the last 12 months, 198 land plots similar to 72 Lily Lane, have been sold.

This represents a 24% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Santa Rosa Beach

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Casey Porter

Sellers who recommend Casey Porter have praised them for being local expert

  •   5   (18 reviews)
  •  12 Reviews in Santa Rosa Beach
  •  4 Sales in Santa Rosa Beach
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Katelyn Wilcox

Katelyn Wilcox is an award winning recommended agent for Santa Rosa Beach.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  4 Reviews in Santa Rosa Beach
  •  4 Sales in Santa Rosa Beach
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Jennifer Crawford

Jennifer Crawford is an award winning recommended agent for Santa Rosa Beach.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (24 reviews)
  •  4 Reviews in Santa Rosa Beach
  •  6 Sales in Santa Rosa Beach
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Michele Bailey

Michele Bailey is an award winning recommended agent for Santa Rosa Beach.  They have 9 local sales and collected 2 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  2 Reviews in Santa Rosa Beach
  •  9 Sales in Santa Rosa Beach
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