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$3,995,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 8 Beds
  • 7 Full Baths
  • 2 Partial Baths
  • 5,540 Sq. Ft.
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This exquisite NEW construction home exceeds all expectations for a second home or vacation property. This home as all the amenities of a coastal vacation resort steps from the beach, dining and shopping. This stately 3 story home has multiple balconies for viewing breath taking sunsets and Gulf views. This home offers 8 bedrooms with ensuite bathrooms, 2 Bunk rooms and a pool bath. Gourmet kitchen with massive 14 ft island, VIKING GAS Range, 66 in Frig, 2 dishwashers, microwaves, wet bars and laundry room on every floor. Custom tile showers and multiple stunning light fixtures! 2 Car garage, tankless water heaters. The first floor recreation room opens directly into a fabulous entertaining area with massive pool and hot tub, outdoor kitchen, multiple flat screen tvs, security camera.

Full Property Details for 51 Penny Ln

General

  • Price: $3,995,000
  • Status: Pending
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 969292
  • Updated: 4/13/2026
  • Added to Site: 445 day(s) ago

Interior

  • Number of Rooms: 20
  • Interior Features: Ceiling Raised, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Woodwork Painted, Woodwork Stained
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Dual Fuel, Washer, Wine Refrigerator, Water Heater - Tnkls
  • Furnishings: Furnished - All
  • Flooring: Floor Tile, Floor Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Pool: Yes
  • Pool Description: Pool - In-Ground, Pool Type

Exterior

  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Shower, Sprinkler System, Summer Kitchen
  • Porch/Patio/Deck: Patio Covered, Porch

Parking

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

Location

  • Area: 17 - 30A West
  • County: Walton
  • Subdivision: Penny Lane
  • Driving Directions: Head South on Highway 393 and head towards the water. Tuen Left on Penny Lane. On the North side of Shunk Gully Restaurant.

School Information

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fans, Central Air
  • Heating Type: Central, Natural Gas
  • Heating/Cooling: Central, Natural Gas, Ceiling Fans, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Public Water

Structural Information

  • Architectural Style: Beach House
  • Construction: Siding Brick Front, Siding Brick Some, Stucco, Trim Wood
  • Exterior Const.: Siding Brick Front, Siding Brick Some, Stucco, Trim Wood
  • Stories/Levels: 3
  • Square Feet: 5,540
  • Sq. Ft. Source: Building Plan
  • Year Built: 2025

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 220 x 50
  • Frontage: City Street
  • Street/Road Desc.: Paved
  • Lot Features: Interior, Within 1/2 Mile to Water
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Water Features

  • Water View: Yes

Disclosures and Reports

  • Legal Description: 1/2 Lot 25 GOVT S/D Sec 02-3S-20W Less and except: N 109.83 Ft THEREOF subject to 35.ooft Row easement ALG S BNDY THEREOF or 3314- 897
  • APN: 02-3S-20-34160-000-0253
  • Property ID: 02-3S-20-34160-000-0253

Listed by Hewitt Real Estate Inc

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Listing agent

— 51 Penny Ln —

  • Hewitt Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 51 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
6-86.9 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-123.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51 Penny Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2025
Price Reduced
$3,995,000
-8.16%
MLS
2/22/2025
Listed
$4,350,000
359.1%
MLS
1/26/2024
Sold
$947,500
—
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 51 Penny Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,945
—
$2,881,401
632%
2024
$1,945
-49%
$393,750
-50%
2023
$3,814
350%
$787,500
723%
2021
$847
-12%
$95,734
-22%
2022
$965
14%
$122,692
40%
2021
$847
13%
$87,585
33%
2019
$750
5%
$65,695
10%
2018
$711
6%
$59,723
-25%
2017
$670
5%
$80,152
4%
2016
$638
40%
$77,070
72%
2015
$456
8%
$44,871
10%
2014
$421
—
$40,792
—
2013
$423
—
$40,792
—
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.

Estimate the Cost for 51 Penny Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Hewitt Real Estate Inc

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51 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 969292) is a Single Family property with 8 bedrooms, 7 full bathrooms and 2 partial bathrooms. 51 Penny Lane is currently listed for $3,995,000 and was received on February 22, 2025. Want to learn more about 51 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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