Open House Fri, Sep 25th 04:00 PM - 06:00 PM - Water Views - Eco Friendly
Address
21 Penny Lane, Santa Rosa Beach, FL
Price
$ 3,800,000
Property Attributes
- MLS#1010814
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CitySanta Rosa Beach
- Area30A West
- NeighborhoodColleen's Cove
- Zip32459
- StyleBeach House
- Year Built2022
- Taxes$ 27462
- Price$ 3,800,000
- Bedrooms10
- Full Bathrooms9
- Half Bathrooms2
- Sqr Footage5992
- Lot Size0.25 Acres
Data Source:
Emerald Coast MLS (ECAR)
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 | |
|---|---|
| 8/29/2026 | Listed $3,800,000 |
General Features
| Utilities | Electric,Gas - Natural,Public Water,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | Colleen's Cove |
| Status | Active |
| Buyer Financing | Conventional |
| 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 |
| MLS Area | 17 - 30A West |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10890 |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1703 - Santa Rosa Beach and S of 98 East of 393 |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Gulf |
| Heating | Heat Pump A/A Two +,Central |
| Cooling | Ceiling Fans |
| Garage Spaces | 2 |
| Patio/Porch Features | Patio Covered,Patio Open,Porch |
| Architectural Style | Beach House |
| Construction Materials | Frame,Roof Pitched,Stucco,Trim Vinyl |
| Year Built | 2022 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | true |
| Total Rooms | 12 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Pool Features | Pool - Heated,Pool - In-Ground,Pool Type |
| Virtual Tour | https://www.zillow.com/view-imx/4d58e620-3856-416a-b95d-9eed1dd8c721?wl=true&setAttribution=mls&initialViewType=pano |
| Energy Efficient | Doors |
Interior Features
| Total Baths | 11 |
|---|---|
| Interior Amenities | Breakfast 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 |
| Flooring | Floor Hardwood,Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All,Double Pane Windows |
| Furnished Y/N | Furnished - All |
| Fireplace Features | Fireplace Gas |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Level,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.25 |
| Lot Dimensions | 110' X 100' |
| Lot Size Acres | 0.25 |
| Road Surface Type | Paved |
| Exterior Amenities | Balcony,BBQ Pit/Grill,Fenced Back Yard,Hot Tub,Lawn Pump,Pool - Gunite Concrt,Shower,Sprinkler System,Summer Kitchen |
| Fencing | Fenced Privacy |
| Building Area Total | 5992 |
| Total Parking | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32459
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
