221 Hillcrest Road, Santa Rosa Beach, FL 32459

Santa Rosa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
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
  • Subdivision & Development:DUNE ALLEN 2ND ADDN
  • Listing ID #:994954
  • Added:171 day(s) ago
  • Updated:August 07, 2026 at 02:59 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Microwave, Range Hood, Refrigerator, Stove/Oven Electric
  • Living area:4,536 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Building area:4,536 sq. ft.
  • Architectural Style:Beach House
  • Exterior Features:Balcony, Hot Tub

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

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Breakfast Bar, Elevator, Kitchen Island, Pantry
  • Smart home:Yes
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