21 Penny Lane

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.

Overview

Open House

9/5/2026 2:00PM - 4:00PM CDT

9/9/2026 1:00PM - 3:00PM CDT

Property Status

For Sale

Lot Size

10,890 Sq.Ft.

MLS ID

1010814

Property Type

Residential

Year Built

2022

Are you interested?

Schedule a Tour

Allison Richards

(850) 502-6035 [email protected]

Features & Amenities

Total Area

5,992 Sq.Ft.

Neighborhood

Santa Rosa Beach

Architecture Styles

Beach House

View Description

Gulf

Stories

Garage Spaces

2.0

Utilities

Electric, Gas - Natural, Public Water, TV Cable

Pool

Pool - Heated, Pool - In-Ground, Pool Type

Lot Features

Level, Within 1/2 Mile to Water

Heat Type

Heat Pump A/A Two, Central

Air Conditioning

Ceiling Fans

Appliances

Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/Ice Mk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls

Other Interior Features

Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Owners Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Woodwork Painted

Other Exterior Features

Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen

Elementary School

Van R Butler

Middle School

Emerald Coast

High School

South Walton

Sales Price

$3,800,000

Real Estate Tax

$27,462/yr

Zoning

Resid Single Family

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 21 Penny Lane, Santa Rosa Beach, FL 32459

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