Water Views

Address

21 Penny Lane, Santa Rosa Beach, FL

Listing Type

Active

Price

$ 3,800,000

Property Attributes

MLS#795093
TypeSingle Family
Listing Status Active
CountyWalton
CitySanta Rosa Beach
Area12 - Walton County
Neighborhood[No Recorded Subdiv]
Zip32459
Style
Year Built2022
Taxes$ 26363
Price$ 3,800,000
Bedrooms10
Full Bathrooms9
Half Bathrooms2
Sqr Footage5992
Lot Size0.25 Acres

Data Source:

Central Panhandle Association of REALTORS® (CPAR)

Property Description

Discover the pinnacle of sophisticated beachside living at this premier multi-family estate, perfectly positioned along Florida's iconic Emerald Coast. Designed for those who demand both exclusivity and exceptional performance, this turnkey compound offers a rare opportunity to own a world-class retreat in the heart of the sought-after Blue Mountain Beach. A Masterpiece of Design and Comfort Spanning multiple levels of refined living, this residence is an architectural triumph. An integrated elevator provides seamless accessibility throughout, ensuring comfort for guests of all generations. The home's interior is a study in curated elegance, featuring high-end finishes and bespoke design elements that cater to the most discerning tastes. With the capacity to accommodate 24 guests in absolute comfort, the estate is expertly configured for grand retreats and private gatherings. The layout includes: * 8 King Master Suites: Each a private sanctuary of relaxation. * 2 Bespoke Bunk Rooms: Thoughtfully designed to sleep four guests each. * 9 Full Bathrooms & 2 Half Baths: Featuring spa-inspired designer tile, quartz surfaces, and premium fixtures. * Culinary Excellence: A state-of-the-art chef's kitchen, equipped with a six-burner gas range, double refrigeration, and expansive quartz counters. A secondary kitchenette on the third level offers added convenience for seamless entertaining. The exterior is an extension of the home's luxury, crafted for the ultimate al fresco lifestyle. Enjoy a private, resort-style swimming pool, an outdoor shower, and a built-in gas grill. As the sun sets, the ambiance transforms with glowing pool lighting and the warmth of a custom swim up pool and spa and linear gas fire wall--the perfect setting for evenings under the coastal stars. Proven performance, this property is a formidable investment. The estate demonstrates a robust and consistent revenue stream. The absence of an HOA grants the owner complete autonomy over rental management and usage. For those seeking a hands-off approach, the option remains to continue a partnership with the Southern Holiday Homes, ensuring the property remains a premier destination for high-end clientele. Situated just moments from the turquoise waters and quartz-sand beaches of the Emerald Coast, this residence offers immediate access to the vibrant dining, golf, and leisure attractions of the 30A corridor. Whether you are seeking a private family compound or a high-yield luxury investment, this estate represents a singular opportunity to secure a legacy property in one of the most desirable coastal markets.

Elementary School	Middle School	High School
Van R Butler Elementary School	Emerald Coast Middle School	South Walton High School

Price History
9/6/2026	Listed $3,800,000

General Features

Sewer	Public Sewer
Utilities	Cable Connected
Property Subtype	Single Family Residence
Tax Year	2025
Community Features	Barbecue,Short Term Rental Allowed
County	Walton
Property Type	Residential
HOA	false
Subdivision Name	[No Recorded Subdiv]
Status	Active
Directions	From US Hwy 98 turn South onto Hwy 393. Turn left on Penny Lane. The home is north of Shunk Gully and Ed Walline Park
High School	South Walton
City	Santa Rosa Beach
Zoning Description	Resid Single Family
MLS Area	12 - Walton County
Lot Size Units	Acres
Lot Size Square Feet	10890
Elementary School	Van R Butler
Tax Annual Amount	26363.8
Middle/Junior High School	Emerald Coast
MLS Area Minor	1207 - Walton - Inlet Beach
Standard Status	Active
Property Sub Type Additional	Single Family Residence
Occupancy Type	Tenant
Year Built	2022
Heating	Central,Fireplace(s),Heat Pump,Zoned
Cooling	Central Air,Ceiling Fan(s),Heat Pump,Multi Units,Zoned
Appliances	Electric Cooktop,Electric Oven,Gas Cooktop,Gas Range,Gas Water Heater,Ice Maker,Tankless Water Heater,Wine Cooler
Patio/Porch Features	Balcony,Deck,Covered,Porch
Construction Materials	Steel Frame,Stucco,Wood Frame
View	Gulf
Attached Garage	false
Garage Y/N	true
Total Rooms	12
Full Baths	9
Virtual Tour	https://www.zillow.com/view-imx/4d58e620-3856-416a-b95d-9eed1dd8c721?wl=true&setAttribution=mls&initialViewType=pano
Garage Spaces	2
Architectural Style	Coastal
Pool Features	Gunite,Gas Heat,In Ground,Salt Water,Private
Security Features	Smoke Detector(s)
New Construction	false
Roof	Tile

Interior Features

Total Baths	11
Interior Amenities	Balcony,Double Vanity,Main Level Primary,Smart Home,Separate Shower,Smart Thermostat,Walk-In Closet(s)
Furnished Units	All Units
Air Conditioning Y/N	true
Heating Y/N	true
Fireplace Y/N	true
Total Bedrooms	10
LivingAreaSource	Appraiser
Window Features	Double Pane Windows
Half Baths	2
Fireplace Features	Gas

Exterior Features

Lot Features	Sprinkler System,Paved
Lot Size Area	0.25
Lot Dimensions	110.0 ft x 100.0 ft
Lot Size Acres	0.25
Parking Features	Circular Driveway
Building Area Total	5992
Waterfront Y/N	false
Exterior Amenities	Barbecue,Deck,Outdoor Kitchen,Outdoor Shower
Door Features	Insulated Doors
Private Pool	true