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: 6/29/2026

Overview

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

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 t ...

Listing Details MLS# 994954

Contract Info

List Price/SqFt
628.31
Listing Board
Emerald Coast

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

General Property Info

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

More Information

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

Room Name Level Dimensions Length Width Remarks
Living Room First 28.3 x 18.25 28.30 18.25 Living/Dining
Kitchen First 16.3 x 13.75 16.30 13.75
Bedroom First 13.75 x 13.75 13.75 13.75
Bedroom First 14.25 x 13.75 14.25 13.75
Bedroom Second 12.75 x 12.75 12.75 12.75
Bedroom Second 13.75 x 13.75 13.75 13.75
Bedroom Second 15.3 x 13.75 15.30 13.75
Bedroom Second 15.5 x 12.75 15.50 12.75
Home Theater Second 14.3 x 21.6 14.30 21.60
Bedroom Third 15.3 x 13.75 15.30 13.75
Bedroom Third 15.5 x 12.75 15.50 12.75
Living Room Third 16.5 x 20 16.50 20.00
Listing Office: Scenic Sotheby's International Realty
Last Updated: June - 29 - 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.