17 Penny Lane, Santa Rosa Beach, FL 32459

$3,945,000
Property Type: Residential Bedrooms: 10 Baths: 11 Square Footage: 6,413 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $3,945,000 List Date: 1/09/2026 Last Modified: 7/30/2026

Overview

Description

MOTIVATED SELLER! This 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

Supplements: - Tax benefits commonly used by rental owners: depreciation, deductible operating expenses (management fees, maintenance, utilities), and interest deductions can help lower taxable income -- talk with your CPA about how these apply to your situation. - Flexible ownership strategies: works as a short-term rental, seasonal vacation home, or long-term ...

Listing Details MLS# 992482

Contract Info

List Price/SqFt
615.16
Listing Board
Emerald Coast

Location Tax and Legal

Area
17 - 30A West
Street #
17
Street Name
Penny
Street Suffix
Lane
State
FL
Zip Code
32459
County
Walton
Project Name/Subdivision
Penny Lane
Parcel ID
02-3S-20-34160-000-0251

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
6413
SqFt Source
Appraiser
Full Baths
9
Half Baths
2
Total Bathrooms
11
# Stories
3
Year Built
2022
Garage
Yes
Carport
No
Garage Spaces
2
Acreage
0.34
Pool
Yes
Pool Type
Private

More Information

Property Features

Sale Type: Accept Backup Offers Construction Status: Construction Complete Zoning: Resid Single Family Parking Features: Garage Attached Interior: Breakfast Bar; Ceiling Crwn Molding; Ceiling Raised; Elevator; Fireplace 2+; Fireplace Gas; Floor Tile; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Pantry; Shelving; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Range Hood; Refrigerator; Security System; Stove/Oven Gas; Wine Refrigerator Utilities: Gas - Natural; Public Sewer; Public Water Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Water Heater - Gas; Water Heater - Tnkls Bedroom: First; Third Living Room: Second; Third Full Bathroom: First; Third Rooms: Balcony; Bedroom; Bunk Room; Family Room; Full Bathroom; Living Room Financing: Conventional

Room Information

Room Name Level Dimensions Length Width Remarks
Bedroom First 13 x 15.4 13.00 15.40 Bedroom
Full Bathroom First 6.4 x 8.7 6.40 8.70 Bathroom
Family Room First 31.1 x 19.11 31.10 19.11 Family room
Bedroom First 14 x 14.8 14.00 14.80 Bedroom
Full Bathroom First 7.1 x 9 7.10 9.00 Bathroom
Bunk Room Second 18.3 x 11.3 18.30 11.30 Bunk room
Living Room Second 25 x 20 25.00 20.00 Living Room
Balcony Second 14 x 6 14.00 6.00 Balcony
Living Room Third 23.4 x 12 23.40 12.00 Living Room
Balcony Third 15 x 6.5 15.00 6.50 Balcony
Bedroom Third 23.4 x 12 23.40 12.00 Bedroom
Full Bathroom Third 12 x 7 12.00 7.00 Bathroom
Listing Office: 1 Percent Lists Florida Coast
Last Updated: July - 30 - 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.