21 Blackwater Street, Santa Rosa Beach
$4,695,000 - 6 Beds, 6 Baths, 4,563 SfMLS® # 1004623 Subdivision: WATERCOLOR
$5,000,000
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This coastal estate is positioned on a rare estate-sized homesite south of Scenic Highway 30A in the heart of Seagrove Beach. Blending modern coastal architecture with resort-level amenities, the property offers both an exceptional private retreat and a proven income-producing investment, generating $420,006 in rental revenue in 2025 alone. Spanning 6,057 square feet, the residence features six spacious bedrooms, six full and two half bathrooms, thoughtfully designed to accommodate both large gatherings and private escapes. Inside, clean architectural lines, curated finishes and expansive windows fill the home with natural light, creating an atmosphere that feels refined yet relaxed. Every detail reflects intentional design, balancing elevated materials with the effortless comfort expected of a premier 30A retreat.
Outdoor living is equally compelling. The expansive grounds create a true private compound, anchored by a large resort-style pool, hot tub and dedicated pool house that enhances both convenience and entertaining. A private basketball court adds a rare recreation element, while multiple outdoor gathering areas invite relaxation throughout the day. One of the home's most captivating features is the rooftop terrace, where sweeping gulf views provide a dramatic backdrop for sunset gatherings and quiet coastal mornings. This elevated vantage point reinforces the home's connection to its surroundings, capturing the essence of Seagrove Beach living. Whether envisioned as a primary residence, second home, or investment property, 49 Brown Street represents a rare opportunity to own a newly built coastal estate with exceptional design, strong rental performance, and a premier south-of-30A location just moments from the gulf.
Breakfast Bar, Beamed Ceilings, Crown Molding, Fireplace, Kitchen Island, Washer/Dryer Hookup, Wet Bar, Elevator
Dishwasher, Disposal, Dryer, Freezer, Microwave, Double Oven, Range Hood, Refrigerator, Washer, Tankless Water Heater
EPA Qualified Fireplace, Fireplace Gas
Outdoor Grill, Balcony, Private Yard, Hot Tub, Outdoor Kitchen
Level, Survey Available, Within 1/2 Mile to Water
Scenic Sotheby's International Realty
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Listing information last updated on June 10th, 2026 at 9:52pm CDT.