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221 Hillcrest Rd, Santa Rosa Beach, FL 32459

$2,850,000
8
BD
8
BA
4,536
SqFt

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List Price
$2,850,000
Days on Market
161
MLS#
994954
Status
ACTIVE
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
8
Bathrooms
8
Full Bathrooms
8
Living Area
4,536
Neighborhood
Santa Rosa Beach S of 98 West of 393

Property Description

This is a very strong rental home that has $293,748 on the books as of June 29th for the year 2026. The property generated $244,751 in gross rental revenue in 2025. Also there is 91k already on the books for next year (2027) 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 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.

Additional Information

Appliances
Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
Style
Beach House
Elementary School
Van R Butler
Exterior Features
Balcony, Hot Tub
High School
South Walton
Interior Features
Breakfast Area, Kitchen Island, Pantry, Washer Hookup, Newly Painted, Elevator
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
Middle School
Emerald Coast
Neighborhood
Santa Rosa Beach S of 98 West of 393
Stories
3
Subdivision
Dune Allen 2nd Addn
View
Gulf, Lake
Year Built
2024
Zoning
Resid Single Family

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Scenic Sotheby's International Realty.

Vendor Member Number : 28166