$3,995,000
Price
8
Beds
5,540 Sq. Ft.
$721 / Sq. Ft.
5,540
Sq. Ft.
$721
per Sq. Ft.

Description

This exquisite NEW construction home exceeds all expectations for a second home or vacation property. This home as all the amenities of a coastal vacation resort steps from the beach, dining and shopping. This stately 3 story home has multiple balconies for viewing breath taking sunsets and Gulf views. This home offers 8 bedrooms with ensuite bathrooms, 2 Bunk rooms and a pool bath. Gourmet kitchen with massive 14 ft island, VIKING GAS Range, 66 in Frig, 2 dishwashers, microwaves, wet bars and laundry...This exquisite NEW construction home exceeds all expectations for a second home or vacation property. This home as all the amenities of a coastal vacation resort steps from the beach, dining and shopping. This stately 3 story home has multiple balconies for viewing breath taking sunsets and Gulf views. This home offers 8 bedrooms with ensuite bathrooms, 2 Bunk rooms and a pool bath. Gourmet kitchen with massive 14 ft island, VIKING GAS Range, 66 in Frig, 2 dishwashers, microwaves, wet bars and laundry room on every floor. Custom tile showers and multiple stunning light fixtures! 2 Car garage, tankless water heaters. The first floor recreation room opens directly into a fabulous entertaining area with massive pool and hot tub, outdoor kitchen, multiple flat screen tvs, security camera.
  1. Listed by Jennifer Hewitt • Brokerage DRE #1043249 • Hewitt Real Estate Inc
    P: (850)-461-0448 C: (850)-461-0448 jenniferhewittrealestate@gmail.com

Property Details for 51 Penny Lane

View
Gulf
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
Penny Lane
LISTING UPDATED: 04/09/2025 06:58 PM

Property Details for 51 Penny Lane

StatusActive
MLS #969292
Days on Market307
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2025
Lot Size0.25 AC / 11,000 SF
CountyWalton County

Location

Listing Courtesy of Hewitt Real Estate Inc
Add your commute

Building Information for 51 Penny Lane

Stories3Year Built2025Building Size-Lot Size0.25 AC / 11,000 SF

Payment Calculator

$19,903 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,741

Property Taxes

$162

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Penny Lane

Summary
Location and General Information
  • Directions: Head South on Highway 393 and head towards the water. Tuen Left on Penny Lane. On the North side of Shunk Gully Restaurant.
  • Road Frontage Type: City Street
  • MLS Area Minor: 1703 - Santa Rosa Beach and S of 98 East of 393
  • MLS Area Major: 17 - 30A West
  • Latitude: 30.349286
  • Longitude: -86.229056
  • Location Tax and Legal:Sub Area: 1703 - Santa Rosa Beach and S of 98 East of 393
  • Location Tax and Legal:Elementary School: Van R Butler
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: 1/2 Lot 25 GOVT S/D Sec 02-3S-20W Less and except: N 109.83 Ft THEREOF subject to 35.ooft Row easement ALG S BNDY THEREOF or 3314- 897
Taxes and HOA
  • Tax Legal Description: 1/2 Lot 25 GOVT S/D Sec 02-3S-20W Less and except: N 109.83 Ft THEREOF subject to 35.ooft Row easement ALG S BNDY THEREOF or 3314- 897
  • Parcel Number: 02-3S-20-34160-000-0253
  • Association Fee: $0
School Information
  • Elementary School: Van R Butler
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: Yes
  • Parking Features: Garage
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 7.0
  • Parking Features: Garage3, Garage Attached
Property
Lot Information
  • Building Area Source: Building Plan
  • Lot Size Dimensions: 220 x 50
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Interior, Within 1/2 Mile to Water
  • Building Area Total: 5540.0
  • Lot Size Square Feet: 0.0
  • General Property Info:SqFt Source: Building Plan
  • Waterview: Gulf2
  • LotParcel Access: City Road, Paved Road
  • Lot Features: Interior, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2025.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Construction Status: Construction Complete
  • Construction Siding: Roof TileSlate, Siding Brick Front, Siding Brick Some, Slab, Stucco, Trim Wood
Utilities
  • Utilities: Public Sewer, Public Water
  • Utilities: Public Sewer, Public Water
  • Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Heat Cntrl Gas, Water Heater - Tnkls, Water Heater - Two
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Covered, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
  • Construction Materials: Roof Tile/Slate, Siding Brick Front, Siding Brick Some, Slab, Stucco, Trim Wood
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Fenced Back Yard, Fenced Privacy, Hot Tub, Patio Covered, Pool - In-Ground, Porch, Rain Gutter, Shower, Sprinkler System, Summer Kitchen
Interior Features
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted, Woodwork Stained
  • Room Type: Recreation Room, Bedroom, Full Bathroom, Bunk Room, Laundry, Garage, Covered Porch, Half Bathroom, Dining Area, Living Room, Kitchen, Balcony
  • Rooms Total: 20.0
  • Bathrooms Total Integer: 9.0
  • Bathrooms Total Decimal: 8.0
  • Bathrooms Total Notational: 7.2
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 8.0
  • Bathrooms Full: 7.0
  • Bathrooms Half: 2.0
  • Interior: Ceiling Raised, Floor Tile, Floor Vinyl, Furnished - All, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, WasherDryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted, Woodwork Stained
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven Double, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator WIceMk, Security System, Smoke Detector, StoveOven Dual Fuel, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Recreation Room
  • Room Level: First
  • Room Length: 22.0
  • Room Width: 20.5
  • Room Dimensions: 22 x 20.5
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 13.0
  • Room Dimensions: 15 x 13
Room 3
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 6.0
  • Room Dimensions: 14 x 6
Room 4
  • Room Type: Bunk Room
  • Room Level: First
  • Room Length: 12.0
  • Room Width: 10.0
  • Room Dimensions: 12 x 10
Room 5
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 15.0
  • Room Width: 14.0
  • Room Dimensions: 15 x 14
Room 6
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 6.5
  • Room Dimensions: 14 x 6.5
Room 7
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 6.0
  • Room Dimensions: 6 x 6
Room 8
  • Room Type: Garage
  • Room Level: First
  • Room Length: 24.0
  • Room Width: 22.0
  • Room Dimensions: 24 x 22
Room 9
  • Room Type: Covered Porch
  • Room Level: First
  • Room Length: 30.0
  • Room Width: 15.0
  • Room Dimensions: 30 x 15
Room 10
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 12.0
  • Room Dimensions: 14 x 12
Room 11
  • Room Type: Full Bathroom
  • Room Level: Second
  • Room Length: 10.0
  • Room Width: 7.0
  • Room Dimensions: 10 x 7
Room 12
  • Room Type: Half Bathroom
  • Room Level: Second
  • Room Length: 7.0
  • Room Width: 7.0
  • Room Dimensions: 7 x 7
Rental
Rent Information
  • General Property Info:Immediate Occupancy: Yes
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 51 Penny Lane

DateEvent & SourcePriceAppreciation
Apr 9, 2025

Price Change

ECAR #969292

$3,995,000—
Feb 22, 2025

Listed (Active)

ECAR #969292

$4,350,000—
Jan 26, 2024

Sold (Public Record)

Public Record #1527254358

$947,500—
DateEvent & SourcePrice
04/09/2025

Price Change

ECAR #969292

$3,995,000
02/22/2025

Listed (Active)

ECAR #969292

$4,350,000
01/26/2024

Sold (Public Record)

Public Record #1527254358

$947,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 51 Penny Lane

Taxable ValueLand$393,750Additions$2,487,651Total$2,881,401
Tax Record2024$1,945 ($162 / month)
Home Facts
Beds8Total Finished SqFt5,826 SqFtAbove Grade Finished SqFt5,826 SqFtStories3Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built2024CountyWALTONAPN02-3S-20-34160-000-0253

Schools near 51 Penny Lane

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

51 Penny Lane is a single family home for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on February 22, 2025 by Hewitt Real Estate Inc, it's currently listed at $3,995,000. It has been on the market for a total of 307 days and was last sold on January 26, 2024. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 51 Penny Lane is a 8-bed, 9-bath, 5,540 sqft single family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hewitt Real Estate Inc

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.