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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

Scenic Sotheby'S International Realty

Last updated:

October 12, 2026, 03:10 PM

MLS#

994954

Source:

FL ECAR

About This Home

221 Hillcrest Road

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 full-size refrigerators, quartz countertops, custom cabinetry, and a custom wood-wrapped vent hood. The spacious dining area comfortably seats ten and is complemented by additional seating at the island, creating an ideal space for entertaining. The living room is warm and inviting, centered around a large sectional and a refined blend of coastal and modern finishes. Each of the eight bedrooms offers privacy and comfort, with king-sized accommodations and beautifully appointed ensuite bathrooms featuring distinctive tile selections, gold fixtures, and walk-in showers. A thoughtfully designed bunk room includes built-in beds with individual lighting and storage, making it a perfect retreat for younger guests. Two expansive primary suites provide a true escape, complete with soaking tubs, dual vanities, and private balconies overlooking the Gulf and pool. An additional full bath serves the main living level. Outdoor living is at the heart of the property, with multiple covered balconies designed for relaxation. The private ModPools container pool and spa feature a clear side viewing window and a removable divider for customizable heating. The pool deck offers ample space for lounging and gathering, along with a fire pit, outdoor dining area, built-in gas grill, and outdoor shower. The rooftop deck serves as the crown jewel of the home, offering panoramic Gulf views and a private setting for sunset gatherings or morning coffee. Entertainment continues indoors with a dedicated game room featuring a full-size pool table, arcade games, and skee-ball, as well as a private theater room with reclining seating, projector screen, and wet bar. Additional features include smart home capabilities throughout, two full washer and dryer sets, secure owner storage, generous parking for eight or more vehicles, a dedicated golf cart outlet, and a Tesla wall charger. Fully furnished and rental ready, The Dune Retreat delivers a rare combination of elevated design, strong income potential, and the relaxed sophistication that defines 30A living.

Home Facts

Single Family

8 Baths

8 Bedrooms

Built in 2024

Subdivision & Development:

DUNE ALLEN 2ND ADDN

Price Summary

2,850,000

$628 per Sq. Ft.

MLS #:

994954

Last Updated:

October 12, 2026, 03:10 PM

Added:

8 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

4,536 Sq. Ft.


Structure

Structure

Architectural Style:

Beach House

Building Area:

4,536 Sq. Ft.

Year Built:

2024


Finances & Disclosures

Finances

Price:

$2,850,000

Price per Sq. Ft:

$628 per Sq. Ft.

Source:FL ECAR
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®. Scenic Sotheby'S International Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Scenic Sotheby'S International Realty, 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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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.