Welcome to 5 Johnstown Lane, an exquisite four-story home situated in the heart of Rosemary Beach that is the LOWEST PRICE HOME PER SQUARE FOOT on the market in Rosemary Beach! And to top it off, the highly-motivated seller is offering a $50,000 CONCESSION towards upgrades and improvements! Overlooking the St. Augustine Green in Rosemary Beach, this fully-furnished, four-story home is a must-see! Enjoy the panoramic views of the lush greenery and Rosemary Beach from every level, featuring balconies on the second, third, and fourth floors. One of our favorite features of this home is the wrap-around rooftop balcony. This is one of only 13 homes in Rosemary Beach with a tower designation, so the view over the hundreds of other homes is incredible! The allure continues with APPROVAL from the town architect for a PRIVATE POOL or CARRIAGE HOUSE to enhance the outdoor experience if desired. With its reverse floor plan and wrap-around balconies, the only tough choice you'll make once you arrive is which views to enjoy and where. This beautiful residence is light and bright, decorated in neutral colors and illuminated by natural light flooding in through the many windows. The rustic modern fixtures throughout complement the gorgeous dark wood floors beautifully. This lovely 4-story home is equipped with a private elevator and accommodates up to 15 people with 5 bedrooms, 4.5 baths, plus an additional bunk room; great for multiple families with over 3,500 sq ft of space. There are two guest suites and a wet bar on the first floor, each room complete with a king bed, private bath with custom tile shower, and a large closet. Another guest suite, as well as the master suite, can be found on the 2nd floor, each with a king bed, private bath, and walk-in closet. The master suite features a private balcony, a wet bar, double vanities, a large soaking tub with treetop views, and a custom tile shower. Continuing upward, the kitchen, living, dining and powder room are located on the 3rd floor with an open concept and an abundance of light. The kitchen is full of upgrades, including granite counter tops, a wine cooler, stainless steel decor, Kitchen Aid appliances, and a custom backsplash. There is another wrap-around balcony overlooking St. Augustine Green off the living room where the grill is located conveniently close to the kitchen. The fourth floor completes this residence with additional living space, a bunk room with three twin beds, and a wrap-around roof top balcony, where you can relax and enjoy sunset views and concerts in St. Augustine Park. This home not only captures stunning views of the St. Augustine Green from every level, but is also in a great location. There is a water park with a splash pad for the kids and adults to cool off just beyond the front door. Not to mention the dining and shopping of Rosemary Beach's town square is a short 3 minute walk or quick bike ride away. Enjoy the exclusive amenities of Rosemary Beach, including four community pools, an owner's-only club just steps away from 5 Johnstown Lane, tennis courts, expansive green spaces, a gym, fitness trails, and much more. Come discover a world of luxury, comfort, and relaxation in this Rosemary Beach retreat!

Listing courtesy of William K Pumphrey of Watersound Real Estate



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Last checked: 2026-04-29 10:43 PM UTC