17 Penny Lane, Santa Rosa Beach

$3,995,000

10 Beds
11 Baths
6,413 Sqft
.34 Acre
2 Garages

Welcome to your dream getaway! This stunning property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze!

Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment.

As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance. Each floor features generous living spaces, allowing everyone to enjoy their privacy while still coming together for fun-filled gatherings. Step outside to your private pool and soak in the sun, or relax on one of the balconies that offer breathtaking views of the Gulf. Watching the sunrise and sunset from the comfort of your own home will become a cherished part of your daily routine.

Just a short 3-minute walk away, you'll find the famous Shunk Gulley and the pristine beaches along Scenic Highway 30A. The nearby Ed Walline regional beach access is an ADA-accessible treasure, complete with restrooms, picnic shelters, and a unique two-story viewing platform that allows you to fully appreciate the stunning Gulf vistas.

This home isn't just a property; it's an investment in your family's happiness and a lucrative rental opportunity, where countless memories will be made and cherished for years to come. Don't miss this chance to claim your slice of paradise!

Essential Information
MLS® #992482
Price$3,995,000
Bedrooms10
Bathrooms11.00
Full Baths9
Half Baths2
Square Footage6,413
Acres0.34
Year Built2022
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address17 Penny Lane
Area17 - 30A West
SubdivisionPenny Lane
CitySanta Rosa Beach
CountyWalton
StateFL
Zip Code32459
Amenities
ParkingGarage Door Opener
# of Garages2
Utilities

Gas - Natural, Public Sewer, Public Water

Interior
HeatingGas - Natural
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
# of Stories3
Interior Features

Breakfast Bar, Crown Molding, Vaulted Ceiling(s), Fireplace 2+, Hallway Bunk Beds, Kitchen Island, Recessed Lighting, Pantry, Shelving, Washer/Dryer Hookup, Woodwork Painted, Elevator

Appliances

Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Gas Water Heater, Tankless Water Heater

Exterior
WindowsWindow Treatments
RoofSlate
ConstructionStucco, Trim Wood
FoundationSlab
School Information
ElementaryVan R Butler
MiddleEmerald Coast
HighSouth Walton
Additional Information
ZoningResid Single Family
Listing Details
Office1 Percent Lists Florida Coast
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on January 24th, 2026 at 12:22pm CST.