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$3,800,000
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Property Description
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
Full Property Details for 51 Penny Ln
General
- Sold For: $3,800,000
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 969292
- Added to Site: 599 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
Sold by Keller Williams Realty Destin
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Schools
Schools serving 51 Penny Ln
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 9.2 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 6.9 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 3.6 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
Date
Details
Price
Change
Source
8/27/2026
Sold
$3,800,000
-4.88%
MLS
4/09/2025
Price Reduced
$3,995,000
-8.16%
MLS
2/22/2025
Listed
$4,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
51 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 969292) is a Single Family property that was sold at $3,800,000 on August 27, 2026. 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.

