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21 Penny Lane, Santa Rosa Beach, FL 32459
$4,500,000
21 Penny Lane, Santa Rosa Beach, FL 32459View this property at 21 Penny Lane, Santa Rosa Beach, FL 32459
21 Penny LaneSanta Rosa BeachFL32459
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Property Description
This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year!!!Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury.Located just steps from the turquoise waters and the white quartz sand beaches of Florida's famous Emerald Coast, this spacious home can accommodate extra large groups by comfortably sleeping 24; making it ideal for exclusive retreats, rentals, and events This extraordinary home is situated across from the sought after Gulf Place District of 30A. Relax in the many beautifully appointed living areas or unwind in one of the luxurious bedrooms. The incredibly designed 8 king master suites, 2 built in bunk rooms which each sleep 4, full-sized laundry on every floor, and all of the 9 full bathrooms are the ultimate in luxury. The spa-like bathrooms feature designer tile and quartz surfaces, as well as the 2 additional half baths add plenty of options for large amounts of guests. The state-of-the-art modern kitchen with a six burner gas stove, double refrigerator freezer, and quartz counters make it the ultimate in modern luxury for the largest of stay and play gatherings. This home even features an additional kitchenette on the 3rd floor living area, along with multiple balconies to enjoy the gulf view! Outside, the stunning patio area is complete with a private refreshing swimming pool, outdoor shower, built-in gas grill, and seating for al fresco dining. Light up the night with glowing pool lights and the built in outdoor gas fireplace. NO HOA, so you'll have the complete freedom to enjoy your time and unrestricted rental ability. Whether you're lounging in the stylish living areas, relaxing in the well-appointed bedrooms, or cooking up a feast in the gourmet kitchen, you'll appreciate the high-end finishes and attention to detail throughout. Don't feel like cooking? The popular Shunk Gulley Oyster Bar of 30A is right nearby along with all the other Gulf Place hot spots. This property is completely turnkey ready, making it the perfect choice for those who want to enjoy the ultimate luxury lifestyle without the hassle of furnishing and decorating. New owner's can also opt to continue with the elite 30A Beach Girls management company, who have continued to bring exclusive guests and a continuous revenue stream to this sought after property with $428k in current reservations already on the books. The Emerald Coast is home to some of the best beaches, golf, dining, attractions, and luxury in the U.S. This is your chance to own such a large and incredible piece of beachside paradise with incredible ROI potential! This ultimate investment not only can pay you, but you have the ability to enjoy it for yourself as well! Schedule your visit or video tour with us today!
Full Property Details
Full Property Details for 21 Penny Ln
General
- Sold For: $4,500,000
- Status: Closed
- Type: Single Family
- MLS ID: 901990
- Added to Site: 687 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bonus Room, Kitchen, Living Room, Recreation Room
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 11
- Full Bathrooms: 9
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
- Game room: Yes
- Game Room: Recreation Room
- Rec Room: Yes
Additional Information
- Pool: Yes
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Garage Attached, Golf Cart Enclosed
Location
- Area: 17 - 30A West
- County: Walton
- Subdivision: Colleen's Cove
- Driving Directions: From US Hwy 98 turn South onto Hwy 393. Turn left on Penny Lane. The home is north of Shunk Gully and Ed Walline Park
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, Double Pane Windows, Heat Cntrl Electric, Insulated Doors, Water Heater - Gas, Water Heater - Tnkls
Utilities
- Utility Description: Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Frame, Roof Pitched, Roof Tile/Slate, Stucco, Trim Vinyl
- Stories/Levels: 3
- Square Feet: 5,992
- Sq. Ft. Source: Building Plan
- Year Built: 2022
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.25
- Lot Dimensions: 110' x 100'
- Street/Road Desc.: County Road, Paved Road
- Lot Features: Level, Survey Available, Within 1/2 Mile to Water
- Zoning: County, Resid Single Family
Financial Considerations
- Terms: Conventional
Disclosures and Reports
- Legal Description: COM SW/COR GOV LOT 25, S 87 DEG 52'57''E 133.00 FT FOR POB, N 02 DEG 58'03''E 110.08 FT, S 87 DEG 57'11''E 100.00 FT, S 02 DEG 55' 29''W 110.20 FT, N 87 DEG 52'57'' W 100.00 FT TO POB BEING IN SEC02-3S-20W OR 1241-59 OR 2905-2577 OR 2911-1409 OR 2933-4637 OR 3172-4806 OR 3183-1633
- APN: 02-3S-20-34160-000-0254
Listed and Sold by The Premier Property Group
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Schools
Schools serving 21 Penny Ln
School District:Walton
Rating | Name | Grades | Distance |
---|---|---|---|
Bay School
6565 Us Highway 98 E, Santa Rsa Bch, FL 32459 | PK-PK | 6.7 mi | |
4019 Us Highway 98 E, Santa Rsa Bch, FL 32459 | 6-8 | 6.9 mi | |
6565 Us 98 E, Santa Rosa Beach, FL 32459 | K-5 | 9.3 mi | |
645 Greenway Trl, Santa Rsa Bch, FL 32459 | 9-12 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21 Penny Ln
Date
Details
Price
Change
Source
11/22/2023
Sold
$4,500,000
-2.17%
MLS
8/28/2023
Price Reduced
$4,599,999
-1.08%
MLS
8/07/2023
Price Reduced
$4,650,000
-2.11%
MLS
7/18/2023
Price Reduced
$4,750,000
-2.06%
MLS
5/02/2023
Price Reduced
$4,850,000
-2.02%
MLS
3/14/2023
Price Reduced
$4,950,000
-2.94%
MLS
3/12/2023
Price Increased
$5,100,000
8.53%
MLS
2/02/2023
Price Reduced
$4,699,000
-1.07%
MLS
12/08/2022
Price Reduced
$4,750,000
-4.04%
MLS
11/26/2022
Price Reduced
$4,950,000
-3.88%
MLS
11/09/2022
Price Reduced
$5,150,000
-1.9%
MLS
10/18/2022
Price Reduced
$5,250,000
-4.55%
MLS
10/08/2022
Price Reduced
$5,499,999
-3.42%
MLS
8/22/2022
Price Reduced
$5,695,000
-5%
MLS
7/20/2022
Price Reduced
$5,995,000
-4.08%
MLS
7/13/2022
Price Reduced
$6,250,000
-2.34%
MLS
6/24/2022
Listed
$6,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
21 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 901990) is a Single Family property that was sold at $4,500,000 on November 22, 2023. Want to learn more about 21 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.