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For sale
    • $2,600,000

    221 Hillcrest Rd, Santa Rosa Beach, FL 32459

    8beds
    4,536sqft
    : 
    $15,699/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    -- sqft lot
    $2,478,100 Zestimate®
    $573/sqft
    $-- HOA

    What's special

    Private pool and spaElevator serves every levelSmart locks and thermostatsSecure owner storageTwo laundry setupsOversized lot
    Sunset from your own rooftop. A quiet walk over Oyster Lake to the sand. And a house that pays for the dream: $298,795 in 2026 rental bookings and 70% of the year booked, with $161,247 already on the books for 2027. 100% bonus depreciation is the cherry on top. The Dune Retreat is honored with an Airbnb label 'Top 10% of homes' and a 'Guest Favorite' badge. Its calendar fills in every season, not just summer. This fully furnished 8 bed, 8 bath home in Dune Allen is ready for your first stay or your next guest. There's no HOA and the carrying costs are modest. The home sits about 30 feet above sea level in FEMA Flood Zone X, the lowest risk designation, so you can enjoy the coast with real peace of mind. The home boasts an oversized lot with room to add a pickleball court, a putt putt course, or even a playground for the kids. Here, the days take care of themselves. Coffee on the rooftop deck as the morning light hits the Gulf. A stroll across the pedestrian bridge to a beach access with parking and rinse stations. Afternoons in the private pool and spa, then dinner by the fire pit with the grill going. When the sun goes down it's movie night in the theater with reclining seats and a wet bar, or a pool-table and skee-ball rematch in the game room. This is a house built to bring people together. An elevator serves every level, so everyone makes it to the expansive wrap around party deck. Parking for eight or more vehicles means several families can arrive in their own cars. Two primary suites offer soaking tubs and private balconies, a custom bunk room adds sleeping space, and dining for 10 opens to a kitchen with dual full size refrigerators and a large island where everyone gathers. Smart locks and thermostats, two laundry setups, secure owner storage, a Tesla charger and a golf cart outlet make it as easy to own as it is to love. Full rental history and ownership documents are ready for your review.
    256 days
    163
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Tounge 850-714-7605,

    Scenic Sotheby's International Realty

    Source: ECAOR,MLS#: 994954MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Bedroom
      • Level: First
      • Area: 189.06 Square Feet
      • Dimensions: 13.75 x 13.75
      Bedroom
      • Level: First
      • Area: 195.94 Square Feet
      • Dimensions: 14.25 x 13.75
      Bedroom
      • Level: Second
      • Area: 162.56 Square Feet
      • Dimensions: 12.75 x 12.75
      Bedroom
      • Level: Second
      • Area: 189.06 Square Feet
      • Dimensions: 13.75 x 13.75
      Bedroom
      • Level: Second
      • Area: 210.38 Square Feet
      • Dimensions: 15.3 x 13.75
      Bedroom
      • Level: Second
      • Area: 197.63 Square Feet
      • Dimensions: 15.5 x 12.75
      Bedroom
      • Level: Third
      • Area: 210.38 Square Feet
      • Dimensions: 15.3 x 13.75
      Bedroom
      • Level: Third
      • Area: 197.63 Square Feet
      • Dimensions: 15.5 x 12.75
      Other
      • Level: Second
      • Area: 308.88 Square Feet
      • Dimensions: 14.3 x 21.6
      Kitchen
      • Level: First
      • Area: 224.13 Square Feet
      • Dimensions: 16.3 x 13.75
      Living room
      • Description: Living/Dining
      • Level: First
      • Area: 516.48 Square Feet
      • Dimensions: 28.3 x 18.25
      Living room
      • Level: Third
      • Area: 330 Square Feet
      • Dimensions: 16.5 x 20
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Kitchen Island, Pantry, Woodwork Painted, Elevator
      • Flooring: Hardwood, Tile
      • Windows: Window Treatments
      • Furnished: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 4,536
      • Total interior livable area: 4,536 sqft

      Property

      Parking
      • Total spaces: 8
      Features
      • Stories: 3
      • Exterior features: Balcony
      • Pool features: Heated
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Gulf, Lake
      • Has water view: Yes
      • Water view: Gulf,Lake
      Lot
      • Dimensions: 100' x 150' x 87' x 150'
      • Features: Within 1/2 Mile to Water
      Details
      • Parcel number: 043S203407000B0160
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Frame, Siding CmntFbrHrdBrd
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: DUNE ALLEN 2ND ADDN
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $573/sqft
      • Tax assessed value: $2,264,326
      • Annual tax amount: $20,460
      • Date on market: 2/16/2026
      • Road surface type: Paved

        Estimated market value

        $2,478,100

        $2.35M - $2.60M

        $8,155/mo

        Price history

        DateEventPrice
        10/21/2026Listed for sale$2,600,000-8.8%$573/sqft
        Source: ECAOR #994954 Report a problem
        2/16/2026Listed for sale$2,850,000-1.7%$628/sqft
        Source: ECAOR #994954 Report a problem
        7/18/2025Listing removed$2,900,000$639/sqft
        Source: ECAOR #968231 Report a problem
        2/10/2025Listed for sale$2,900,000+383.3%$639/sqft
        Source: ECAOR #968231 Report a problem
        3/29/2022Sold$600,000+215.8%$132/sqft
        Source: Public Record Report a problem
        7/10/2020Sold$190,000+2.7%$42/sqft
        Source: Public Record Report a problem
        1/9/2020Sold$185,000$41/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,460 +397.8%$2,264,326 +403.2%
        2024$4,110 +0.5%$450,000
        2023$4,089 +115.1%$450,000 +144.6%
        2022$1,901 +17.4%$183,938 +10%
        2021$1,619 +6%$167,216 +9.3%
        2020$1,527 +3.5%$152,981 +3%
        2019$1,475 $148,526 +3%
        2018$1,475 +2.6%$144,200 +3%
        2017$1,438 +3.6%$140,000
        2016$1,388 $140,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32459

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Van R Butler
        • Middle: Emerald Coast
        • High: South Walton

        Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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