One back from the Gulf in the exclusive, gated community of Water's Edge, this stunning three-story coastal retreat offers the rare combination of luxury, privacy and direct access to the best of 30A. Perfectly positioned between the iconic communities of Rosemary Beach and Alys Beach, the home captures expansive Gulf views from multiple levels and sits just steps from the private beach access. With only a two-story home in front, this three-story luxury residence enjoys expansive Gulf views from all over — a true rarity on the second row. Designed by architect Tyler Doin and built by Suntec, the home features 5 bedrooms (4 king suites + 1 bunk room) and 5.5 bathrooms, and comfortably sleeps 12. Highlights include a chef's kitchen with pecky cypress accents, smart home technology and a wall of folding glass doors opening to a Gulf-facing porch. The third-floor primary suite is a private sanctuary with a sundeck, sleeping porch, wet bar and soaking tub. Outdoor living is equally refined, with a heated pool and spa, summer kitchen, fireplace, and teak lounge areas. Additional features include impact-rated windows and doors, 10'-13' ceilings, a dumbwaiter, laundry chute, and full designer furnishings by Heather Lollie. Consistently ranked among the top luxury homes in the Rosemary Beach rental program, this property offers proven income and an exceptional coastal lifestyle in one of 30A's most desirable communities.