21 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 795093)


$3,800,000
21 Penny Lane
Santa Rosa Beach, FL 32459
MLS# 795093
10 beds  |  11 baths  |  5992 sqft

 | 

Front Exterior
  1 / 59  
Front Exterior Aerial Community & Beach View Pool & Outdoor Living Area at Dusk Pool with Waterfall Feature at Sunset Rooftop Deck with Plunge Pool & Dining Game Room with Foosball Table Living Room with Game Table Bedroom with Navy Upholstered Bed Bedroom with Striped Bedding Bathroom with Double Vanity & Walk-In Shower Guest Bedroom Bathroom with Round Mirrors Bedroom with Gray Bedding Bathroom with Gold Hexagon Mirrors Laundry Room Powder Bathroom Game Room with Ping Pong Table Living Room with Open Kitchen Living Room with Vaulted Beam Ceiling Living Room with Kitchen View Balcony Dining Area with View Balcony Seating Area with Community View Living Room with Round Mirror Accents Kitchen with Island & Dining Area Kitchen with Dining Table White Kitchen with Stainless Appliances Powder Bathroom with Statement Art Open Concept Kitchen & Living Area Primary Bedroom with Balcony View Bathroom with Coastal Bird Art Bedroom with Balcony Access Covered Balcony at Sunset Bedroom with Blue Accent Chair Bathroom with Soaking Tub Bathroom with Glass Shower & Soaking Tub Bedroom with Four-Poster Bed & Balcony Balcony View at Sunset Bedroom with Seating Area Bathroom with Freestanding Tub Bathroom with Soaking Tub & Glass Shower Balcony with Dining Table at Sunset Bedroom with Beam Ceiling Bathroom with Tile Shower Living Room with Barn Door Accent Living Room with Ocean View Living Room with TV & Coastal Art Bedroom with Coastal Artwork Bedroom with Wood Dresser Bathroom with Octagon Mirrors Bedroom with Green Accents Ensuite Bathroom with Glass Shower Bunk Room Bathroom with Framed Mirror Laundry Room with Playful Art Pool Area with Balconies Above Aerial View of Pool & Patio Aerial Street View of Community Aerial View Showing Property Location Aerial Beach & Community View

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.

Details
Maps
General Property Info
Acreage: 0.25
Design: Beach House
Lot Size (SqFt): 10890
Apx SqFt(Htd/Cooled): 5992
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 2
Accessory Dwelling Unit: No
Pre-Const Flip: No
Lot Dimensions: 110.0 ft x 100.0 ft
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Driveway Spaces: 5
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 10
Full Baths: 9
Total Baths: 11
Year Built: 2022
Contract Info
List Price/SqFt: 634.18
Status: Active
List Date: 2026-09-06
List Price: $3,800,000
Current Price: $3,800,000
Location
Sub Area: 1207 - Walton - Inlet Beach
Community/Resort: None
Waterfront: No
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
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
Area: 12 - Walton County
Street #: 21
Street Name: Penny
Street Suffix: Lane
State: FL
Zip Code: 32459
County: Walton
Subdivision: [No Recorded Subdiv]
Parcel ID: 02-3S-20-34160-000-0254
Legal Description: Com Sw/Cor Gov Lot 25,S 87 Deg 52'57''E 133.00 Ft For Pob,N 02 Deg 58'03''E 110.08 Ft,S 87 Deg 57'11''E 100.00 Ft,S 02 Deg 55' 29''W 110.20 Ft,N 87 Deg 52'57'' W 100.00 Ft To Pob Being In Sec 02-3S-20W Or 3308-3580
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 26363.8
Last Tax Year: 2025
Lot: 25
Brokerage Interest: No Interest
As Is: Yes
Section: 2
Township: 2S
Range: 20
Condo Doc: No
Remarks & Misc
Remarks: 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.
Bonus Room
Third: 1
Pool Features
Gunite Concrete: 1
Heated - Gas: 1
Inground: 1
Saltwater: 1
Spa/ Hot Tub: 1
Waterfall: 1
Recreation Room
First: 1
Appliances
Cooktop - Electric: 1
Cooktop - Gas: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Ice Maker: 1
Microwave: 1
Oven - Double: 1
Oven - Electric: 1
Range - Gas: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Water Heater - Gas: 1
Water Heater - Tankless: 1
Wine Cooler: 1
Wine Refrigerator: 1
Interior Features
Breakfast Bar: 1
Ceiling - Crwn Molding: 1
Ceiling - Raised: 1
Ceiling - Vaulted: 1
Elevator: 1
Fireplace: 1
Floor - Hardwood: 1
Floor - Tile: 1
Kitchen Island: 1
Lighting - Recessed: 1
Lock Out Closet: 1
Media Room: 1
Pantry: 1
Pull Down Stairs: 1
Security System: 1
Split Bedroom: 1
Wet Bar: 1
Window - Treatment All: 1
Construction/Siding
Steel/Frame: 1
Wood/Frame: 1
Roof - Tile/Slate: 1
Siding - Stucco: 1
Trim - Wood: 1
Exterior
Balcony: 1
Built-in Barbecue/Grill: 1
Deck Enclosed: 1
Deck Open: 1
Double Pane Windows: 1
Summer Kitchen: 1
Shower: 1
Porch Covered: 1
Sprinkler System: 1
Financing
Conventional: 1
Furnished
Furnished: 1
Interior
Bonus Room: 1
Bunk Room: 1
Insulated Doors: 1
Smart Home: 1
Smart Thermostat: 1
Kitchen
Second: 1
Living Room
Second: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot Access
Paved Road: 1
Parking Features
Circular Driveway: 1
Garage Attached: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Bonus Room: 1
Kitchen: 1
Living Room: 1
Recreation Room: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Electric 220/240: 1
Natural Gas - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Bedroom
First: 1
Second: 1
Third: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heat Pump: 1
Multi Units: 1
Zoned: 1
Heating
Central: 1
Fireplace - Gas: 1
Heat Pump: 1
Zoned: 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBed Balcony: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Security Features
Smoke Detector(s): 1
Property Features
Appliances: Cooktop - Electric; Cooktop - Gas; Dishwasher; Disposal; Dryer; Freezer; Ice Maker; Microwave; Oven - Double; Oven - Electric; Range - Gas; Range Hood; Refrigerator; Washer; Water Heater - Gas; Water Heater - Tankless; Wine Cooler; Wine Refrigerator
Bedroom: First; Second; Third
Cooling: Ceiling Fan(s); Central Air; Heat Pump; Multi Units; Zoned
Heating: Central; Fireplace - Gas; Heat Pump; Zoned
Exterior: Balcony; Built-in Barbecue/Grill; Deck Enclosed; Deck Open; Double Pane Windows; Summer Kitchen; Shower; Porch Covered; Sprinkler System
Financing: Conventional
Furnished: Furnished
Interior: Bonus Room; Bunk Room; Insulated Doors; Smart Home; Smart Thermostat
Kitchen: Second
Living Room: Second
Lot Features: Within 1/2 Mile to Water
Lot Access: Paved Road
Bonus Room: Third
Pool Features: Gunite Concrete; Heated - Gas; Inground; Saltwater; Spa/ Hot Tub; Waterfall
Recreation Room: First
Security Features: Smoke Detector(s)
Parking Features: Circular Driveway; Garage Attached
Rooms: Bedroom; Bonus Room; Kitchen; Living Room; Recreation Room
Utilities: TV Cable; Electric 220/240; Electricity - Connected; Natural Gas - Connected; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf
Present Zoning: Resid Single Family
Room Information
Room Name Level Dimensions Length Width
BedroomFirst13.17 x 15.3313.1715.33
BedroomFirst14.17 x 14.6714.1714.67
BedroomFirst13.58 x 14.2513.5814.25
Recreation RoomFirst31.83 x 19.931.8319.90
BedroomSecond14.75 x 18.7514.7518.75
BedroomSecond14.67 x 14.6714.6714.67
Living RoomSecond25.17 x 19.925.1719.90
KitchenSecond18.42 x 18.6718.4218.67
BedroomThird14.58 x 18.7514.5818.75
BedroomThird14.33 x 11.4214.3311.42
BedroomThird14.33 x 13.1714.3313.17
Bonus RoomThird23.33 x 1223.3312.00

Listing Office: Compass Florida, LLC

Last Updated: September - 06 - 2026

Information deemed reliable but not guaranteed.