221 Hillcrest Road, Santa Rosa Beach, FL 32459

New Listing
$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: 2/16/2026

Description

The property generated $244,751 in gross rental revenue in 2025, with total guest-paid revenue of $284,173 inclusive of state, county, and tourism taxes. For 2026, there is currently $184,422 on the books as of February 16, out pacing the same time last year. Ownership projects 2026 gross rental revenue in the $260,000 to $280,000 range. 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: Its elevated position offers added privacy and peace of mind while maintaining easy beach access. The interior features an open-concept layout with high ceilings and a kitchen designed for large groups, including dual full-size refrigerators, quartz countertops, custom cabinetry, and generous dining and gathering space. All eight bedrooms include king beds and private ensuite baths, with two primary suites offering soaking tubs and private balconies. A built-in bunk room adds flexibility for families and larger groups. Outdoor living includes multiple covered decks, a private pool and spa with a removable divider for efficient heating, a spacious pool deck with seating and fire pit, and a rooftop deck with panoramic Gulf views. A game room, private theater, smart home features, two washer-dryer sets, owner storage, ample parking, a golf cart outlet, and Tesla wall charger complete the property. Offered fully furnished and rental-ready, The Dune Retreat combines documented rental performance, forward bookings, and a layout proven to support strong demand along 30A.

More Information MLS# 994954

Status Change Info

Status: Active

Contract Info

List Date: 2026-02-10 Current Price: $2,850,000 List Price: $2,850,000 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 Bedrooms: 8 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

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

Living Room Level: First Dimensions: 28.3 x 18.25 Length: 28.30 Width: 18.25 Remarks: Living/Dining Dimensions: 28.3 x 18.25 Kitchen Level: First Dimensions: 16.3 x 13.75 Length: 16.30 Width: 13.75 Dimensions: 16.3 x 13.75 Bedroom Level: First Dimensions: 13.75 x 13.75 Length: 13.75 Width: 13.75 Dimensions: 13.75 x 13.75 Bedroom Level: First Dimensions: 14.25 x 13.75 Length: 14.25 Width: 13.75 Dimensions: 14.25 x 13.75 Bedroom Level: Second Dimensions: 12.75 x 12.75 Length: 12.75 Width: 12.75 Dimensions: 12.75 x 12.75 Bedroom Level: Second Dimensions: 13.75 x 13.75 Length: 13.75 Width: 13.75 Dimensions: 13.75 x 13.75 Bedroom Level: Second Dimensions: 15.3 x 13.75 Length: 15.30 Width: 13.75 Dimensions: 15.3 x 13.75 Bedroom Level: Second Dimensions: 15.5 x 12.75 Length: 15.50 Width: 12.75 Dimensions: 15.5 x 12.75 Home Theater Level: Second Dimensions: 14.3 x 21.6 Length: 14.30 Width: 21.60 Dimensions: 14.3 x 21.6 Bedroom Level: Third Dimensions: 15.3 x 13.75 Length: 15.30 Width: 13.75 Dimensions: 15.3 x 13.75 Bedroom Level: Third Dimensions: 15.5 x 12.75 Length: 15.50 Width: 12.75 Dimensions: 15.5 x 12.75 Living Room Level: Third Dimensions: 16.5 x 20 Length: 16.50 Width: 20.00 Dimensions: 16.5 x 20
Listing Office: Scenic Sotheby's International Realty
Last Updated: February - 16 - 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.

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