51 Mystic Cobalt Street, Santa Rosa Beach

$4,865,000

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5 Beds
6 Baths
3,918 Sqft
.12 Acre
2 Garages

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. 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.

Essential Information

Status
Active
MLS® #
998160
Price
$4,865,000
Days On Website
55
Bedrooms
5
Bathrooms
6.00
Full Baths
6
Square Footage
3,918
Acres
0.12
Year Built
2006
Type
Residential
Sub-Type
Detached Single Family
Style
Florida Cottage

Community Information

Address
51 Mystic Cobalt Street
Area
30A East
Subdivision
WATERCOLOR
City
Santa Rosa Beach
County
Walton
State
FL
Zip Code
32459

SubArea

1802 - S. of 98 W of Camp Creek

Amenities

Parking
Garage Door Opener, Other
# of Garages
2
View
Gulf

Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Interior

Heating
Gas - Natural
Cooling
Central Air, Ceiling Fan(s)
# of Stories
3

Interior Features

Breakfast Bar, Beamed Ceilings, Crown Molding, Vaulted Ceiling(s), In-Law Floorplan, Kitchen Island, Recessed Lighting, Wallpaper, Washer/Dryer Hookup, Wet Bar, Woodwork Painted

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer

Exterior

Exterior Features
Outdoor Shower
Windows
Window Treatments
Roof
Metal
Foundation
Foundation On Piling

Lot Description

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

Construction

Trim Wood, Siding CmntFbrHrdBrd

School Information

Elementary
Bay
Middle
Emerald Coast
High
South Walton

Additional Information

Days on Website
55

Zoning

Deed Restrictions, Resid Single Family

Listing Details

Contact Info
dahlerandco@scenicsir.com

Office

Scenic Sotheby's International Realty

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on May 10th, 2026 at 12:37pm CDT.