21 Penny Lane Santa Rosa Beach, FL 32459
Listing Courtesy of: EMERALD COAST / Listed By: Compass

  21 Penny Lane Santa Rosa Beach, FL 32459

Active
$3,800,000 (USD)
10
BED
11
BATH
5,992
SQFT

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.

MLS #:
1010814
Taxes
$27,462(2025)
Lot Size
0.25 acres
Type
Single-Family Home
Year Built
2022
Style
Beach House
Views
Gulf
County
Walton County

Listed By

The Richards Group, Compass
Source
EMERALD COAST
Last checked Aug 29 2026 at 10:50 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 9
  • Half Bathrooms: 2
Interior Features
  • Kitchen Island
  • Breakfast Bar
  • Ceiling Raised
  • Fireplace
  • Fireplace 2+
  • Shelving
  • Washer/Dryer Hookup
  • Woodwork Painted
  • Pantry
  • Wet Bar
  • Ceiling Crwn Molding
  • Elevator
  • Upgraded Media Wing
  • Ceiling Beamed
  • Lighting Recessed
  • Pull Down Stairs
  • Hallway Bunk Beds
  • Owner's Closet
Kitchen
  • Auto Garage Door Opn
  • Dishwasher
  • Disposal
  • Microwave
  • Stove/Oven Gas
  • Dryer
  • Washer
  • Range Hood
  • Smoke Detector
  • Refrigerator W/Icemk
  • Oven Self Cleaning
  • Cooktop
  • Wine Refrigerator
  • Freezer
  • Oven Double
  • Ice Machine
  • Water Heater - Tnkls
  • Water Heater - Gas
Subdivision
  • Colleen's Cove
Lot Information
  • Within 1/2 Mile to Water
  • Level
Property Features
  • Fireplace: Fireplace 2+
Heating and Cooling
  • Heat Pump a/a Two +
  • Central
  • Ceiling Fans
Utility Information
  • Utilities: Public Water, Tv Cable, Electric, Gas - Natural
School Information
  • Elementary School: Van R Butler
  • Middle School: Emerald Coast
  • High School: South Walton
Stories
  • 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Emerald Coast Association of REALTORS Last Updated: 8/29/26 03:50
Vendor Number:29098