This is what we wait for every year — when the reveal of HGTV Dream Home turns into a fun frenzy of HGTV fans entering for a chance to win.

Every year, the homes just get more wow-worthy, and HGTV Dream Home 2016 tops the charts. This waterfront retreat offers stunning views outside and inside, where cool coastal hues and patterns serve to relax and rejuvenate the spirit. 

Tour: Every Space in HGTV Dream Home 2016

And it’s an experience that could be yours if you win!

From now until February 18, 2016, you can enter twice online per day — once on HGTV.com and once on DIYNetwork.com — for your chance to win the HGTV Dream Home 2016, a prize package valued at over $1.5 million. There's no time like the present for your very first entry.

Enter: HGTV Dream Home 2016 Sweepstakes on HGTV.com

Enter: Again on DIYNetwork.com

Also, tune in to HGTV on Friday at 8:00 p.m. ET, as David Bromstad and Josh Temple head to Florida with big plans for this remodel. Now you can watch and tweet live using #HGTVDreamHome.

No purchase necessary. Open to legal residents of the U.S., age 21 or older. Void where prohibited. Sweepstakes starts at 9 a.m. ET on 12/29/15 and ends at 5 p.m. ET on 2/18/16. Odds of winning depend on number of entries received. For full official rules, visit hgtv.com or send a self addressed stamped envelope to: “HGTV Dream Home Giveaway 2016” – RR, P.O. Box 53445, Knoxville, TN 37950. Main Sponsor: Scripps Networks, LLC d/b/a Home & Garden Television.