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For sale
  • $2,850,000

    221 Hillcrest Rd, Santa Rosa Beach, FL 32459

    8beds
    4,536sqft
    : 
    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
    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Tounge 850-714-7605,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 994954MLS LogoOriginating 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
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $2,696,300

    $2.56M - $2.83M

    Not available

    Price history

    Price history
    DateEventPrice
    2/16/2026Listed for sale$2,850,000-1.7%$628/sqft
    Source: ECAOR #994954 Report a problem
    7/18/2025Listing removed$2,900,000$639/sqft
    Source: ECAOR #968231 Report a problem
    2/10/2025Listed for sale$2,900,000+383.3%$639/sqft
    Source: ECAOR #968231 Report a problem
    3/29/2022Sold$600,000+215.8%$132/sqft
    Source: Public Record Report a problem
    7/10/2020Sold$190,000+2.7%$42/sqft
    Source: Public Record Report a problem
    1/9/2020Sold$185,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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