221 Hillcrest Road, Santa Rosa Beach, FL 32459
$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:
3/19/2026
Overview
Description
This is a very strong rental home that has $262,805 on the books as of March 19th 2026 for this upcoming year. The property generated $244,751 in gross rental revenue in 2025. Projections for 2026 are $280,000 - $290,000 according to property manager. 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
Supplements: ... (Read more)
Listing Details MLS# 994954
Contract Info
- 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
- 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
Location, Tax and Legal
- Sub Area
- 1701 - Santa Rosa Beach S of 98 West of 393
- Elementary School
- Van R Butler
- Middle School
- Emerald Coast
- High School
- South Walton
- Legal Description
- LOT 16 BLK B DUNE ALLEN 2ND ADD. OR 1858-105 OR 2611-79 OR 3023-866 OR 3129-3722 OR 3149-4521 OR 3245-2225 OR 3323-4021
Listing Info, Tax & Legal
- Homestead
- No
- Is Subject Leased
- No
- Assessment Fees
- No
- New Buyer Fee
- No
- Brokerage Interest
- No Interest
- As Is
- No
More Information
Remarks & Misc
- Remarks
- This is a very strong rental home that has $262,805 on the books as of March 19th 2026 for this upcoming year. The property generated $244,751 in gross rental revenue in 2025. Projections for 2026 are $280,000 - $290,000 according to property manager. 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
Construction Status
- Construction Complete
- Yes
Waterview
- Coastal Dune Lakes
- Yes
- Gulf
- Yes
- Lake
- Yes
Lot/Parcel Access
- Paved Road
- Yes
Lot Features
- Within 1/2 Mile to Water
- Yes
Construction/Siding
- Frame
- Yes
- Roof Metal
- Yes
- Siding CmntFbrHrdBrd
- Yes
Utilities
- Electric
- Yes
- Phone
- Yes
- Public Sewer
- Yes
- Public Water
- Yes
- TV Cable
- Yes
Zoning
- Resid Single Family
- Yes
Exterior
- Balcony
- Yes
- Hot Tub
- Yes
- Pool - Heated
- Yes
Interior
- Breakfast Bar
- Yes
- Elevator
- Yes
- Floor Hardwood
- Yes
- Floor Tile
- Yes
- Furnished - All
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Washer/Dryer Hookup
- Yes
- Window Treatment All
- Yes
- Woodwork Painted
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Stove/Oven Electric
- Yes
- Washer
- Yes
Energy
- AC - Central Elect
- Yes
- Heat Cntrl Electric
- Yes
Bedroom
- First
- Yes
- Second
- Yes
- Third
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
- Third
- Yes
Rooms
- Bedroom
- Yes
- Home Theater
- Yes
- Kitchen
- Yes
- Living Room
- Yes
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
Rental Projection - Southern Holiday ›
Listing Office:
Scenic Sotheby's International Realty
Last Updated: March - 19 - 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.
