Price Reduced 17.24%

$2,400,000 ($600.75 per sqft)

Est. Mortgage $11,666/mo *

Quick Pre-Approval

Price History

$2,900,000
5/16/2025

$2,690,000
7/3/2025

$2,500,000
9/9/2025

$2,400,000
1/24/2026


228 Pelican Reef Dr, Saint Augustine, FL, 32080

228 Pelican Reef Dr, Saint Augustine, FL, 32080

4 beds

3 Full / 1 Half baths

2025

3,995 sqft

Discover an exceptional opportunity in Yachtsman’s Point, an exclusive enclave within the gated community of Pelican Reef on Anastasia Island. This private homesite offers sweeping marsh views and direct access to a tidal creek that leads to the Intracoastal Waterway — perfect for kayaking, paddleboarding, and small-boat adventures right from your backyard. A newly completed retention wall adds tremendous value and peace of mind, enhancing the stability and readiness of this build-ready lot. The property also includes ARB-approved custom spec home plans and a completed soil test confirming no pilings are required, streamlining your path to construction. The spacious setting provides ample room to design a coastal retreat tailored to your lifestyle. Pelican Reef residents enjoy a private marina with the option to buy or rent a boat slip for a low fee. The location is unmatched — just minutes from historic downtown St. Augustine, the Amphitheatre, Anastasia State Park, top-rated restaurants, the Alligator Farm, and more. Situated near the 2024 HGTV Dream Home, this property blends natural beauty with everyday convenience. Reference MLS #254131 for an additional lot available. This custom-built spec home is entirely customizable and offers: Options for engineered hardwood flooring or porcelain tile, Solid surface countertops and solid wood cabinetry throughout, Low-maintenance vinyl-clad windows and doors with impact-resistant glass, Hardy plank siding, An upgraded millwork package with solid core interior doors, A concrete driveway with a paver inlaid border and paver walkway, Upgraded lighting and plumbing packages, An inground pool and outdoor living space, An elevated lot with direct canal frontage for small craft access to the Intracoastal, An asphalt roof, Optional smart-home integration, And ARB-approved plans.


Status:

Active

Type:

Single-family residential

Zoning:

SA

Subdivision:

Pelican Reef

Levels:

2

Common Charge:

$480

Lot Size:

14375

Acreage:

0.33

Est. Taxes:

$6,505

HOA Fee

$480

Waterfront:

Yes

Boat Access:

No

Elementary School:

R.B. Hunt

Middle School:

Sebastian

High School:

St. Augustine

MLS #:

252946


Community Info

School Info

Walk Score

Yelp

Copyright ©2026 St Augustine & St. Johns County Board of REALTORS Realtor® MLS. All rights reserved
Listing courtesy of Thompson Realty & Development, Inc.