Blue Mountain Beach Vacation Rental Compound for Sale

Discover a rare opportunity to own a prime vacation rental property that not only offers an idyllic coastal retreat but also serves as a lucrative investment. This five-bedroom home, known as On Point, is nestled at 46 Gulf Point Road in Santa Rosa Beach, within the highly desirable Blue Mountain Beach community. With room to accommodate up to 16 guests, this stunning property is currently part of the prestigious Ocean Reef Resorts vacation rental management program, generating $97,000 in gross annual rental income in 2023. It's the perfect getaway for families and friends, with a charming guest house that provides additional privacy for six guests.

A mere stroll from the sugar-white sands of the Gulf with no major roads to cross, On Point boasts an elegant outdoor oasis, complete with a regal swimming pool, Tiki Cabana with a wet bar, and a gas grill for poolside gatherings. Picture yourself warming up by the fire pit on cooler evenings beside the heated pool. Recently remodeled, this home seamlessly blends beachside charm with luxurious modern amenities. The coastal aesthetic is enhanced by artistic touches throughout, with vibrant seascapes and tropical artwork adding character to every room.

Inside the main house, hardwood floors create a warm, welcoming atmosphere. The spacious living area opens directly onto the pool deck, with glass doors inviting you to step outside and enjoy the Florida sunshine. Indoors, two dove-gray couches, accent chairs, and a flatscreen TV make the living space perfect for relaxing.

The adjacent kitchen, outfitted with custom white cabinetry, granite countertops, and stainless-steel appliances, includes an oversized island that comfortably seats eight. Whether you're hosting dinner or casual cocktails, this kitchen makes every occasion feel special.

Upstairs, the primary suite is a serene retreat featuring a king-sized bed, large windows, and an opulent ensuite bath. Marble accents elevate the space, from the double vanity to the soaking tub and walk-in shower. Two additional guest bedrooms with queen-sized beds, a cozy den, and elegant bathrooms offer ample space for family or visitors to unwind. Every bedroom is equipped with a wall-mounted flatscreen TV for added comfort.

The two-story guest house is equally luxurious, featuring a living area with plush seating, a full kitchen, and a charming loft-style den. It's perfect for extended family or guests seeking extra privacy. The open-concept layout includes hardwood floors, granite countertops, and a kitchen island with vintage modern seating. A loft den with a daybed and trundle offers additional sleeping accommodations.

Blue Mountain Beach is beloved for its laid-back, almost Bohemian atmosphere, and its distinction as the highest elevation along the entire Gulf Coast. Residents and visitors enjoy a mix of quaint local establishments, including a health food store, ice cream parlor, and casual eateries. And with proximity to both Seaside and Gulf Place, this location offers easy access to a vibrant array of restaurants, galleries, festivals, and outdoor concerts.

At 3,000 square feet, On Point is competitively priced at $2,250,000, making it an exceptional value at $750 per square foot. Comparable homes for sale in Blue Mountain Beach are listed at an average of $860 per square foot, ranging from $1,985,000 to $3,500,000. This is a unique opportunity to invest in a high-performing rental property with growth potential in a highly sought-after location.

For more information or to schedule a private tour, contact Ocean Reef Real Estate Sales at (877) 392-6085. Our team can provide a comprehensive market analysis, along with rental income projections from our property management team. Seize this opportunity to own a piece of paradise!