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$3,800,000

10 Beds 9 / 2 Full / Half Baths 5,992 SQFT 0.25 Acres
Type: Single Family

21 Penny Lane
Santa Rosa Beach, FL 32459

MLS#: 1010814
Gary Eastman
Gary Eastman
Brett/Robinson | Florida Real Estate
Realtor
Phone: 909.319.3076
Office: 251.981.6180
Presented by: Compass

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.


 

Interior Features

Bathrooms

Total Baths11

Other Interior Features

Air Conditioning Y/NYes
Fireplace FeaturesFireplace Gas
Fireplace Y/NYes
FlooringFloor Hardwood, Floor Tile
Furnished Y/NFurnished - All
Heating Y/NYes
Interior AmenitiesBreakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
Window FeaturesWindow Treatment All, Double Pane Windows

General

Architectural StyleBeach House
Attached Garage Yes
Buyer FinancingConventional
Carport Y/NNo
CitySanta Rosa Beach
Construction MaterialsFrame, Roof Pitched, Stucco, Trim Vinyl
CoolingCeiling Fans
CountyWalton
DirectionsFrom US Hwy 98 turn South onto Hwy 393. Turn left on Penny Lane. The home is north of Shunk Gully and Ed Walline Park
Elementary SchoolVan R Butler
Energy EfficientDoors
Garage Spaces2
HeatingHeat Pump A/A Two +, Central
High SchoolSouth Walton
Lot Size Square Feet10,890 sqft
Lot Size UnitsAcres
MLS Area17 - 30A West
MLS Area Minor1703 - Santa Rosa Beach and S of 98 East of 393
Middle/Junior High SchoolEmerald Coast
New ConstructionNo
Patio/Porch FeaturesPatio Covered, Patio Open, Porch
Pool FeaturesPool - Heated, Pool - In-Ground, Pool Type
Property ConditionConstruction Complete
Property SubtypeDetached Single Family
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameColleen's Cove
Tax Year2025
Total Rooms12
UtilitiesElectric, Gas - Natural, Public Water, TV Cable
ViewGulf
Virtual TourClick here
Year Built2022
ZoningResid Single Family

Exterior

Building Area Total5,992 sqft
Exterior AmenitiesBalcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
FencingFenced Privacy
Lot Dimensions110' X 100'
Lot FeaturesLevel, Within 1/2 Mile to Water
Lot Size Acres0.25
Lot Size Area0 sqft
Road Surface TypePaved
Total Parking7

Additional Details

Price History

Schools 

Elementary School Van R Butler Elementary School

  

Similar Properties

$3,800,000

10 Beds 9 / 2 Full / Half Baths 5,992 SQFT 0.25 Acres
Type: Single Family

21 Penny Lane
Santa Rosa Beach, FL 32459

MLS#: 1010814
Gary Eastman
Gary Eastman
Brett/Robinson | Florida Real Estate
Realtor
Phone: 909.319.3076
Office: 251.981.6180