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$3,995,000

  • For Sale
  • Active
  • Single Family
  • 10 Beds
  • 9 Full Baths
  • 2 Partial Baths
  • 6,413 Sq. Ft.
  • Updated 5 days ago
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Welcome to your dream getaway! This stunning property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze!Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment.As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance. Each floor features generous living spaces, allowing everyone to enjoy their privacy while still coming together for fun-filled gatherings. Step outside to your private pool and soak in the sun, or relax on one of the balconies that offer breathtaking views of the Gulf. Watching the sunrise and sunset from the comfort of your own home will become a cherished part of your daily routine. Just a short 3-minute walk away, you'll find the famous Shunk Gulley and the pristine beaches along Scenic Highway 30A. The nearby Ed Walline regional beach access is an ADA-accessible treasure, complete with restrooms, picnic shelters, and a unique two-story viewing platform that allows you to fully appreciate the stunning Gulf vistas. This home isn't just a property; it's an investment in your family's happiness and a lucrative rental opportunity, where countless memories will be made and cherished for years to come. Don't miss this chance to claim your slice of paradise!

Full Property Details for 17 Penny Ln

General

  • Price: $3,995,000
  • Taxes: $27,854 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 992482
  • Updated: 1/12/2026
  • Added to Site: 8 day(s) ago

Interior

  • Rooms/Areas: Balcony, Bedroom, Bunk Room, Family Room, Full Bathroom, Living Room
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace 2+, Fireplace Gas, Floor Tile, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Gas, Wine Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 11
  • Full Bathrooms: 9
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 10

Other Rooms

  • Living Room: Living Room
  • Family Room: Family Room

Additional Information

  • Pool: Yes

Exterior

  • Patio/Balcony: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage Attached

Location

  • Area: 17 - 30A West
  • County: Walton
  • Subdivision: Penny Lane
  • Driving Directions: Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant

School Information

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

Heating & Cooling

  • Heating/Cooling: AC - 2 or More, AC - Central Elect, Ceiling Fans, Water Heater - Gas, Water Heater - Tnkls

Utilities

  • Utility Description: Gas - Natural, Public Sewer, Public Water

Structural Information

  • Architectural Style: Beach House
  • Construction: Roof Tile/Slate, Slab, Stucco, Trim Wood
  • Stories/Levels: 3
  • Square Feet: 6,413
  • Sq. Ft. Source: Appraiser
  • Year Built: 2022

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Dimensions: 77 x 100
  • Zoning: Resid Single Family

Financial Considerations

  • Tax Amount: $27,854
  • Tax Year: 2025
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: BEG SW/COR GOV LOT 25, N 02 DEG 55'43''E 109.83FT, S 87 DEG 57'11''E 133.00FT, S 02 DEG 25'03''W 110.08FT TO S LN LOT 25 W 133.00FT TO POB BEING IN SEC 02-3S-20W
  • APN: 02-3S-20-34160-000-0251

Listed by 1 Percent Lists Florida Coast

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— 17 Penny Ln —

  • 1 Percent Lists Florida Coast

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 17 Penny Ln

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-59.2 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-87 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-123.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17 Penny Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$3,995,000
19.25%
MLS
6/01/2022
Sold
$3,350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 17 Penny Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,941
—
$3,082,758
-16%
2024
$31,941
12%
$3,653,058
13%
2023
$28,559
1124%
$3,245,110
1246%
2021
$2,334
-9%
$241,087
-13%
2022
$2,555
9%
$275,645
8%
2021
$2,334
-5%
$255,387
3%
2019
$2,463
3%
$247,984
4%
2018
$2,393
7%
$239,245
2%
2017
$2,239
13%
$233,772
18%
2016
$1,979
5%
$197,723
7%
2015
$1,879
8%
$184,866
10%
2014
$1,733
67%
$168,112
68%
2013
$1,037
—
$99,946
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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17 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 992482) is a Single Family property with 10 bedrooms, 9 full bathrooms and 2 partial bathrooms. 17 Penny Lane is currently listed for $3,995,000 and was received on January 09, 2026. Want to learn more about 17 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Santa Rosa Beach? You can browse all Santa Rosa Beach real estate or contact a Coldwell Banker agent to request more information.

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