Welcome to your dream coastal retreat in the heart of WaterColor, Florida! 37 Royal Fern Way is situated on an expansive lot in WaterColor, the property offers a unique opportunity to add significant value. There is ample room to construct a garage and a charming carriage house, enhancing both functionality and property value. The home features a large front porch with a cozy swing bed, perfect for enjoying the coastal breeze. The expansive back porch provides additional outdoor living space, ideal for dining al fresco or relaxing after a day at the beach. This property offers your own private oasis as you will enjoy the luxury of having one of the largest private pools in WaterColor right in your backyard, a perfect spot for relaxation and entertaining. The adjacent hot tub offers a serene place to unwind, while the outdoor shower adds convenience after beach outings. With a peaceful setting, the property backs onto a tranquil wooded area, providing privacy and a picturesque natural backdrop. This exquisite 4-bedroom, 3.5-bathroom beach house offers the perfect blend of luxury, comfort, and potential for future enhancements. WaterColor is a highly sought-after vacation destination, and this property has a strong track record of rental income. Investing in this home not only provides a luxurious personal retreat but also offers the opportunity for substantial rental revenue. With four generously sized bedrooms including a first-floor mini master suite with an ensuite bath, a second floor master suite with large master bath to include a water closet, dual vanities, a soaking tub and stand-alone shower, an additional 2nd floor guest bedroom and a dedicated bunkroom that comfortably accommodates six, making this property perfect for hosting additional guests or creating a fun space for children and a 3rd full bathroom completes the upstairs. This 2,362 square foot home provides ample space for family and guests. The residence boasts high ceilings and gleaming wood floors throughout, creating an airy and inviting atmosphere. The home's design emphasizes natural light, creating bright and cheerful living spaces. Culinary enthusiasts will appreciate the modern kitchen equipped with granite countertops and stainless steel appliances, a central work island, and a breakfast bar, ideal for casual dining and entertaining. For more formal gatherings, the home features a dedicated dining room that offers a refined space to host family dinners and celebrations. This residence is being sold fully furnished, allowing you to move in and start enjoying the WaterColor lifestyle immediately. This property is located in the resort neighborhood of Watercolor, nestled between the stunning Gulf coastline and serene Western Lake. WaterColor offers a unique blend of beach and lakefront living and is renowned for its beautifully preserved natural landscapes. As a resident of WaterColor, you will have access to an array of exceptional upscale amenities. WaterColor is home to 9 community pools, including three offering unobstructed Gulf views at the Watercolor Beach Club and three at Camp WaterColor featuring two pools with slides, a lazy river, playground, and basketball court. Throughout Watercolor you will find 5 miles of hiking and biking trails, multiple park areas and several docks that are great to let the kids fish in. The community is designed to have a small-town feel and is perfect for exploring on foot or by bike. Quaint streets and pathways connect homes to the community's parks, lush green spaces and shops. Resident also have access to both tennis and pickle ball courts and a pro shop with tennis gear. Private lessons, group clinics and other activities are available throughout the year. The community also includes access to a boathouse on Western Lake with paddle boards, kayaks and fishing equipment; an outdoor amphitheater; a lakeside pool; and a bike barn. This property is more than just a home; it is an opportunity to embrace the coveted WaterColor lifestyle while adding your personal touch. Don't miss the chance to make this exceptional beach house your own!