21 Penny Lane, Santa Rosa Beach, FL 32459

$3,800,000
  • 21 Penny Lane, Santa Rosa Beach, FL 32459 Main Photo

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BEDS10 BATHS9 full 2 partial SQUARE FEET5,992 MLS#1010814
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONColleens Cove

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 ComfortSpanning 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.

21 Penny Lane | MLS# 1010814

This single family home located at 21 Penny Lane, Santa Rosa Beach, FL 32459 is currently listed for sale with an asking price of $3,800,000. This property was built in 2022 and has 10 bedrooms and 9 full and 2 partial baths with 5992 sq. ft. Penny Lane is located in the Colleens Cove subdivision. Search Colleens Cove real estate on www.premierfl.com today.

Upcoming Open Houses

Open House Thursday October 22nd, 4:00pm - 6:00pm
Open House Saturday October 24th, 9:00am - 11:00am

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fans
Fenced: Yes
Garage: 2 car attached
Heating: Heat Pump A/A Two +, Central
Home Style: Beach House
Lot Size: 0.25 Acres
Stories: 3.0
Taxes: $27,462
Year Built: 2022

Feature Descriptions

Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
Days on Site: 51
Exterior: Frame, Roof Pitched, Stucco, Trim Vinyl
Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
Fencing: Fenced Privacy
Financing Terms: Conventional
Fireplace: Fireplace Gas
Fireplace Y/N: Yes
Flooring: Floor Hardwood, Floor Tile
Hot Tub: Yes
Interior: 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 Pa
Lot: Level, Within 1/2 Mile to Water
Lot Dimensions: 110' X 100'
Parcel Number: 02-3S-20-34160-000-0254
Patio/Porch: Patio Covered, Patio Open, Porch
Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Road Surface: Paved
Rooms Total: 12
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Detached Single Family
Utilities: Electric, Gas - Natural, Public Water, TV Cable
Window: Window Treatment All, Double Pane Windows

Local Schools

High School: South Walton
Middle School: Emerald Coast
Elementary School: Van R Butler

Listed By / Shown By

Listed By

Agency Name: Compass

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 11,853.99 per month $8,457.15 Principal & Interest $2,288.50 Property Tax $1,108.33 Homeowner's Insurance

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