21 Penny Lane, Santa Rosa Beach

$4,150,000

10 Beds
11 Baths
5,992 Sqft
0 Acres
2 Garages

Checks Every Box: NO HOA!, Gulf views, sleeps 24, 10 bedrooms, 11 bathrooms, private heated pool, pink Moke included, giant rec/game room, 5 driveway spaces, elite location. Using Bonus Depreciation an investor can obtain over $1,000,000 tax deduction in 2025. This home can handle multiple families and is completely turn-key ready and in immaculate condition. Seller did a complete head-to-toe refresh including furniture, decor, and window treatments. Luxury finishes throughout including ceiling beams, marble, custom bunks and pool waterfall. The first floor open concept with sliding doors creates the perfect beach vacation atmosphere. All the work has been meticulously done for you and this asset is ready to produce. Everything you see is included, don't wait for interest rates to drop. All information and dimensions to be verified by buyer.

Essential Information
MLS® #985492
Price$4,150,000
Bedrooms10
Bathrooms11.00
Full Baths9
Half Baths2
Square Footage5,992
Year Built2022
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address21 Penny Lane
Area17 - 30A West
SubdivisionColleen's Cove
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
ParkingGarage Door Opener
# of Garages2
ViewGulf
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
# of Stories3
Interior Features

Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Fireplace, Fireplace 2+, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Woodwork Painted, Elevator

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Double Oven, Range Hood, Washer, Gas Water Heater, Tankless Water Heater

Exterior
RoofSlate
Exterior Features

Outdoor Grill, Balcony, Private Yard, Hot Tub, Lawn Pump, Pool - Gunite Concrt, Outdoor Shower, Sprinkler System, Outdoor Kitchen

Lot Description

Level, Within 1/2 Mile to Water

Windows

Double Pane Windows, Window Treatments

Construction

Frame, Roof Pitched, Stucco, Trim Vinyl

School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website119
ZoningResid Single Family
Listing Details
OfficeStay on 30A Realty
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Listing information last updated on January 13th, 2026 at 9:52pm CST.