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. - 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.
For sale
$2,850,000
221 Hillcrest Rd, Santa Rosa Beach, FL 32459
8beds
4,536sqft
Est.:
Single Family Residence
Built in 2024
-- sqft lot
$2,696,300 Zestimate®
$628/sqft
$-- HOA
What's special
Quartz countertopsAmple parkingMultiple covered decksBuilt-in bunk roomPrivate resort-style amenitiesCustom cabinetryOwner storage
- 2 days |
- 376 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Michael Tounge 850-714-7605,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 994954
Originating MLS: Emerald Coast
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Kitchen
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Electric Range, Washer
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Elevator, Kitchen Island, Pantry, Woodwork Painted, Bedroom, Kitchen, Living Room
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,536
- Total interior livable area: 4,536 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: Balcony, Hot Tub
- Has private pool: Yes
- Pool features: Private, Heated
- Has spa: Yes
- Has view: Yes
- View description: Coastal Dune Lakes, Gulf, Lake
- Has water view: Yes
- Water view: Coastal Dune Lakes,Gulf,Lake
Lot
- Dimensions: 100' x 150' x 87' x 150'
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 043S203407000B0160
- Zoning description: Resid Single Family
- Other equipment: Home Theater
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Frame, Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Cable Connected
Community & HOA
Community
- Subdivision: Dune Allen 2nd Addn
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $628/sqft
- Tax assessed value: $450,000
- Annual tax amount: $4,110
- Date on market: 2/16/2026
- Cumulative days on market: 2 days
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$2,696,300
$2.56M - $2.83M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2026 | Listed for sale | $2,850,000-1.7%$628/sqft |
Source: | ||
| 7/18/2025 | Listing removed | $2,900,000$639/sqft |
Source: | ||
| 2/10/2025 | Listed for sale | $2,900,000+383.3%$639/sqft |
Source: | ||
| 3/29/2022 | Sold | $600,000+215.8%$132/sqft |
Source: Public Record Report a problem | ||
| 7/10/2020 | Sold | $190,000+2.7%$42/sqft |
Source: Public Record Report a problem | ||
| 1/9/2020 | Sold | $185,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,110 +0.5% | $450,000 |
| 2023 | $4,089 +115.1% | $450,000 +144.6% |
| 2022 | $1,901 +17.4% | $183,938 +10% |
| 2021 | $1,619 +6% | $167,216 +9.3% |
| 2020 | $1,527 +3.5% | $152,981 +3% |
| 2019 | $1,475 | $148,526 +3% |
| 2018 | $1,475 +2.6% | $144,200 +3% |
| 2017 | $1,438 +3.6% | $140,000 |
| 2016 | $1,388 | $140,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$16,277/mo
Principal & interest
$14068
Property taxes
$2209
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 7.7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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