221 Hillcrest Road, Santa Rosa Beach, FL 32459

Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
221 Hillcrest Road,Santa Rosa Beach, FL 32459
$2,850,000
  • 8 Beds
  • 8 Baths
  • 4,536 sq. ft.
  • Single family
  • Active
Listed by: michael tounge
Office: scenic sotheby's international realty
MLS#:994954
Source:FL_ECAR

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$628.31

About this home

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 $200,794.82 on the books as of February 19th, outpacing the same time last year. Ownership projects 2026 gross rental revenue in the $260,000 to $280,000 range. Southern Holiday Homes Projections are $276,350 for 2026. 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. 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

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Home facts

  • Year built:2024
  • Listing ID #:994954
  • Added:6 day(s) ago
  • Updated:February 23, 2026 at 07:40 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,536 sq. ft.

Structure and exterior

  • Year built:2024
  • Building area:4,536 sq. ft.

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Van R Butler

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$628.31
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. Better Homes and Gardens Real Estate Main Street Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Main Street Properties, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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