Ad #6690136
MLS #1010814
Discover the pinnacle of sophisticated beachside living at this
21 Penny Ln, Santa Rosa Beach, FL 32459
$3,800,000
10Beds
10Baths
5,992Sqft
0.25Acres
About this property
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.
Property Features
10 Beds
10 Baths
5,992 Sqft
Built in 2022
0.25 Acres
3 Stories
Siding: Frame, Roof Pitched, Stucco, Trim Vinyl
Has Swimming Pool
Has Fireplace
Central, Heat Pump (Heating)
$27,462 / yr property tax
Walton County
Colleen's Cove Community
Additional Photos
Contact Information
The Richards Group
Compass Florida, LLC
850-502-6035
Location
Listing Agent: The Richards Group (License #: 3016863) 850-502-6035
Broker: Compass Florida, LLC 305-851-2820 Listing Site
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.
Broker: Compass Florida, LLC 305-851-2820 Listing Site
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.
BarrierFreeHome.com
Printed Sep 5, 2026
Photo Gallery
$3,800,000
10
Beds
10
Baths
5,992
Sqft
21 Penny Ln, Santa Rosa Beach, FL 32459
By contacting this agent you agree to these Terms and Conditions.
MLS# 1010814
Open House
Sat Sep 5, 2-4pm
Wed Sep 9, 1-3pm
$3,800,000
21 Penny Ln, Santa Rosa Beach, FL 32459
10
Beds
10
Baths
5,992
Sqft
0.25
Acres
$3,800,000
21 Penny Ln, Santa Rosa Beach, FL 32459
10 Beds
10 Baths
5,992 Sqft
0.25 Acres
Accessibility Features
Accessible Elevator Installed
Discover the pinnacle of sophisticated beachside living at this
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.
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Property Details
HOME DETAILS
10 Beds
10 Baths
5,992 Sqft
Built in 2022
0.25 Acres
3 Stories
EXTERIOR
Siding: Frame, Roof Pitched, Stucco, Trim Vinyl
Has Swimming Pool
INTERIOR
Has Fireplace
Central, Heat Pump (Heating)
FINANCIAL & COMMUNITY
$27,462 / yr property tax
Walton County
Colleen's Cove Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6690136
Viewed
15 times
Listing Status
Active
Added
Aug 29, 2026
Last Refreshed
Sep 05, 2026 12:36:44 AM
Listing Information
Data Source
Emerald Coast Association of Realtors
Source Property ID
1010814
Listing Agent: The Richards Group (License #: 3016863) 850-502-6035
Broker: Compass Florida, LLC 305-851-2820 Listing Site
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.
Broker: Compass Florida, LLC 305-851-2820 Listing Site
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.
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