(850) 231-7896

Properties

Search By Neighborhood

221 Hillcrest Road, Santa Rosa Beach, FL 32459

$2,850,000
Property Type: Residential Bedrooms: 8 Baths: 8 Square Footage: 4,536 Status: Active
Current Price: $2,850,000 List Date: 2/16/2026 Last Modified: 2/23/2026

Description

The property generated $244,751 in gross rental revenue in 2025, with total guest-paid revenue of $284,173 inclusive of state, county, and tourism taxes. For 2026, there is currently $230,220 on the books as of February 23rd, out pacing the same time last year. Ownership projects 2026 gross rental revenue in the $260,000 to $280,000 range. Southern Holiday Homes Projections are $276,350 for 2026. Welcome to The Dune Retreat, an 8-bedroom, 8-bathroom coastal home on an elevated lot on Hillcrest Road, offering Gulf views, private resort-style amenities, and a layout well-suited for both personal use and short-term rental income. The home is a short walk to the beach via a pedestrian bridge over Oyster Lake, leading to a low-traffic access point with parking and rinse stations.

Supplements: Thoughtfully designed with both full-time living and rental potential in mind, the home features an open-concept floor plan with soaring ceilings, designer lighting, and a chef's kitchen equipped with dual full-size refrigerators, quartz countertops, custom cabinetry, and a custom wood-wrapped vent hood. The spacious dining area comfortably seats ten and is complemented by additional seating at the island, creating an ideal space for entertaining. The living room is warm and inviting, centered around a large sectional and a refined blend of coastal and modern finishes. Each of the eight bedrooms offers privacy and comfort, with king-sized accommodations and beautifully appointed ensuite bathrooms featuring distinctive tile selections, gold fixtures, and walk-in showers. A thoughtfully designed bunk room includes built-in beds with individual lighting and storage, making it a perfect retreat for younger guests. Two expansive primary suites provide a true escape, complete with soaking tubs, dual vanities, and private balconies overlooking the Gulf and pool. An additional full bath serves the main living level. Outdoor living is at the heart of the property, with multiple covered balconies designed for relaxation. The private ModPools container pool and spa feature a clear side viewing window and a removable divider for customizable heating. The pool deck offers ample space for lounging and gathering, along with a fire pit, outdoor dining area, built-in gas grill, and outdoor shower. The rooftop deck serves as the crown jewel of the home, offering panoramic Gulf views and a private setting for sunset gatherings or morning coffee. Entertainment continues indoors with a dedicated game room featuring a full-size pool table, arcade games, and skee-ball, as well as a private theater room with reclining seating, projector screen, and wet bar. Additional features include smart home capabilities throughout, two full washer and dryer sets, secure owner storage, generous parking for eight or more vehicles, a dedicated golf cart outlet, and a Tesla wall charger. Fully furnished and rental ready, The Dune Retreat delivers a rare combination of elevated design, strong income potential, and the relaxed sophistication that defines 30A living.

More Information MLS# 994954

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 628.31 List Date: 2026-02-10 Current Price: $2,850,000 List Price: $2,850,000

Location, Tax and Legal

Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393 Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 16 BLK B DUNE ALLEN 2ND ADD. OR 1858-105 OR 2611-79 OR 3023-866 OR 3129-3722 OR 3149-4521 OR 3245-2225 OR 3323-4021

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Immediate Occupancy: Yes Garage: No Carport: No Driveway Spaces: 8 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 4536 Bedrooms: 8 Full Baths: 8 Total Bathrooms: 8 # Stories: 3 Year Built: 2024

Listing Info, Tax & Legal

Homestead: No Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: The property generated $244,751 in gross rental revenue in 2025, with total guest-paid revenue of $284,173 inclusive of state, county, and tourism taxes. For 2026, there is currently $230,220 on the books as of February 23rd, out pacing the same time last year. Ownership projects 2026 gross rental revenue in the $260,000 to $280,000 range. Southern Holiday Homes Projections are $276,350 for 2026. Welcome to The Dune Retreat, an 8-bedroom, 8-bathroom coastal home on an elevated lot on Hillcrest Road, offering Gulf views, private resort-style amenities, and a layout well-suited for both personal use and short-term rental income. The home is a short walk to the beach via a pedestrian bridge over Oyster Lake, leading to a low-traffic access point with parking and rinse stations.

Construction Status

Construction Complete: 1

Waterview

Coastal Dune Lakes: 1 Gulf: 1 Lake: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Construction/Siding

Frame: 1 Roof Metal: 1 Siding CmntFbrHrdBrd: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Hot Tub: 1 Pool - Heated: 1

Interior

Breakfast Bar: 1 Elevator: 1 Floor Hardwood: 1 Floor Tile: 1 Furnished - All: 1 Kitchen Island: 1 Pantry: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range Hood: 1 Refrigerator: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Heat Cntrl Electric: 1

Bedroom

First: 1 Second: 1 Third: 1

Kitchen

First: 1

Living Room

First: 1 Third: 1

Rooms

Bedroom: 1 Home Theater: 1 Kitchen: 1 Living Room: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 17 - 30A West Street #: 221 Street Name: Hillcrest Street Suffix: Road State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: DUNE ALLEN 2ND ADDN Parcel ID: 04-3S-20-34070-00B-0160

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Waterview: Coastal Dune Lakes; Gulf; Lake Exterior: Balcony; Hot Tub; Pool - Heated Interior: Breakfast Bar; Elevator; Floor Hardwood; Floor Tile; Furnished - All; Kitchen Island; Pantry; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Stove/Oven Electric; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Heat Cntrl Electric Bedroom: First; Second; Third Kitchen: First Living Room: First; Third Rooms: Bedroom; Home Theater; Kitchen; Living Room

Room Information

Living Room Level: First Dimensions: 28.3 x 18.25 Length: 28.30 Width: 18.25 Remarks: Living/Dining Dimensions: 28.3 x 18.25 Kitchen Level: First Dimensions: 16.3 x 13.75 Length: 16.30 Width: 13.75 Dimensions: 16.3 x 13.75 Bedroom Level: First Dimensions: 13.75 x 13.75 Length: 13.75 Width: 13.75 Dimensions: 13.75 x 13.75 Bedroom Level: First Dimensions: 14.25 x 13.75 Length: 14.25 Width: 13.75 Dimensions: 14.25 x 13.75 Bedroom Level: Second Dimensions: 12.75 x 12.75 Length: 12.75 Width: 12.75 Dimensions: 12.75 x 12.75 Bedroom Level: Second Dimensions: 13.75 x 13.75 Length: 13.75 Width: 13.75 Dimensions: 13.75 x 13.75 Bedroom Level: Second Dimensions: 15.3 x 13.75 Length: 15.30 Width: 13.75 Dimensions: 15.3 x 13.75 Bedroom Level: Second Dimensions: 15.5 x 12.75 Length: 15.50 Width: 12.75 Dimensions: 15.5 x 12.75 Home Theater Level: Second Dimensions: 14.3 x 21.6 Length: 14.30 Width: 21.60 Dimensions: 14.3 x 21.6 Bedroom Level: Third Dimensions: 15.3 x 13.75 Length: 15.30 Width: 13.75 Dimensions: 15.3 x 13.75 Bedroom Level: Third Dimensions: 15.5 x 12.75 Length: 15.50 Width: 12.75 Dimensions: 15.5 x 12.75 Living Room Level: Third Dimensions: 16.5 x 20 Length: 16.50 Width: 20.00 Dimensions: 16.5 x 20
Listing Office: Scenic Sotheby's International Realty
Last Updated: February - 23 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
Office: 850.231.7896 | Toll Free: 866.533.3429 | Email Us
G. Gay Landreth, Managing Member and Broker

Brokerage commissions are not set by law and are fully negotiable.
Copyright © 1999 - 2026 La Florida. All Rights Reserved.
Terms of Use | Privacy Statement