About This Home

This 10-bedroom, 10-bathroom single family at 21 Penny Lane in Santa Rosa Beach, FL is listed for $3,800,000 ($634 per sqft). Built in 2022, the home offers 5,992 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 2022
  • 0.25 acre lot
  • 3 stories
  • 7 parking spaces
  • Private pool
  • Fireplace

Property Details

3 stories
9 full, 2 half
2-car garage
2022

Amenities

PoolFireplaceHardwoodA/C
Listing 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.

Monthly Cost Estimate

$20,323/mo

20% down · 6.5% · 30 years

Principal$2,748
Interest$16,467
Insurance$1,108

Estimates only. Actual payments may vary.

Location

21 Penny Lane

Santa Rosa Beach, FL 32459

Colleen's Cove

Features & Amenities

Interior Features

Breakfast BarCeiling BeamedCeiling Crwn MoldingCeiling RaisedElevatorFireplaceFireplace 2+Hallway Bunk BedsKitchen IslandLighting RecessedOwner's ClosetPantryPull Down StairsShelvingUpgraded Media WingWasher/Dryer HookupWet BarWoodwork Painted

Exterior Features

BalconyBBQ Pit/GrillFenced Back YardHot TubLawn PumpPool - Gunite ConcrtShowerSprinkler SystemSummer Kitchen

Property Details

Flooring

HardwoodTile

Construction

Frame Roof Pitched Stucco Trim Vinyl

Pool Features

Pool

Outdoor Features

PatioPorch

Heating

CentralHeat Pump (Heating)

Appliances

Auto Garage Door OpnCooktopDishwasherDisposalDryerFreezerIce MachineMicrowaveOven DoubleOven Self CleaningRange HoodRefrigerator W/IceMkSmoke DetectorStove/Oven GasWasherWine RefrigeratorWater Heater - GasWater Heater - Tnkls

Questions & Answers

This 10-bedroom, 10-bathroom single family at 21 Penny Lane is listed at $3,800,000 ($634/sqft). The estimated monthly payment is $20,323 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 0.25 acre lot, 3 stories, 7 parking spaces, Private pool, Fireplace. Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Crwn Molding. Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard.

This property is listed by The Richards Group.

TG

The Richards Group

License 3016863

Agent at Compass Florida, LLC

Listed by Compass Florida, LLC · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# 1010814· Source: Emerald Coast Association of Realtors· 62 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

21 Penny Lane, Santa Rosa Beach, FL 32459

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