173 ISLAND ESTATES PARKWAY, Palm Coast, FL, 32137 | $1,999,000

Under contract-accepting backup offers. Welcome to an exceptional coastal estate in the private, oceanfront golf community of Hammock Dunes, located within the exclusive Island Estates sanctuary. Built in 2021, this refined residence blends modern construction with timeless Florida coastal elegance.
Set on a nearly one-acre, west-facing homesite, the property captures glorious sunrise skies over the Fox Cut waterway, a brackish canal connecting to the Intracoastal Waterway at both ends of the island. Dock-ready electrical and plumbing are already in place for a future private dock. A fire-pit seating area creates the perfect setting for evening relaxation, and a whole-house Generac generator ensures uninterrupted comfort.
A rare detached one-bedroom, one-bath casita with private entrance and kitchenette offers guests or extended family a truly private luxury experience. It opens to a stunning 26’ x 27’ covered summer kitchen with built-in grill and vented hood, seamlessly connecting to a 24’ x 17’ covered lanai overlooking the 30’ x 15’ heated and cooled pool with fire-bowl features and tranquil water views.
Through leaded-glass French doors, soaring tray ceilings and light-filled living spaces welcome you into the main residence. A striking double-sided fireplace, shared with the primary suite, anchors the elegant living room, while disappearing sliding glass doors open fully to the lanai, summer kitchen, pool, and waterfront beyond — creating true indoor-outdoor living.
The gourmet kitchen features Cambria quartz countertops, GE Profile stainless steel appliances, and a gas cooktop and hood designed for serious culinary enthusiasts. The oversized island and breakfast nook both enjoy sweeping views of the pool and waterway.
A custom library and dining area by Master Wood Artisan Keith Larrett showcases a one-of-a-kind floor-to-ceiling book wall with rolling ladder, integrated seating, and views into the billiards area which can be covered and quickly converted back to a custom dining table — a true showpiece.
The primary bedroom retreat occupies the entire north wing, offering private lanai access, volume tray ceilings, two custom walk-in closets, and a spa-inspired bath with dual glass-enclosed shower, built-in seating, split vanities, and private water closet. Adjacent is a fourth bedroom currently used as a distinguished office, highlighted by an elegant oval window array — the home’s own “Oval Office. ”
The south wing includes two generous guest suites, each with full ensuite baths, one of which also serves as a dedicated pool bath opening directly to the pool, covered lanai and covered summer kitchen.
A side-entry three-car garage features decorative sealed flooring, central vacuum system for the entire house, overhead storage, and one of two washer/dryer sets. A second interior laundry room adds convenience and flexibility.
This remarkable residence offers the finest in Florida coastal living, with access to the optional but prominent Hammock Dunes Country Club, including the Tom Fazio oceanfront championship course, the Rees Jones Creek Course, and elite amenities.
Call Scot to arrange your private showing while this extraordinary island estate remains available.

Features

  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Optional Additional Fees, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Wheelchair Access
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 4 full
  • Lot Size: 130 x 240
  • Laundry: Corridor Access, In Garage, Inside, Laundry Room
  • Style: Coastal, Florida
  • Year Built: 2021
  • Garage: 3-car Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level, Oversized
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Humidity Control, Mini-Split Unit(s), Zoned
  • Approx Sq. Feet: 3,370
  • Acreage: 0.97
  • Lot Size: 130 x 240
  • Est. Taxes: $13,801
  • HOA Fee: $270 Monthly
  • Lot Desc: Cleared, In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Private
  • View: Trees/Woods, Water
  • Water Front: Yes
  • Elem. School: Old Kings Elementary
  • Middle School: Indian Trails Middle-FC
  • High School: Matanzas High
  • Pool: Deck, Heated, In Ground, Lap, Lighting, Outside Bath Access, Self Cleaning
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: FC314956
  • Days on Market: 96 days
  • Website: https://www.raveis.com
    /eprop/FC314956/173islandestatesparkway_palmcoast_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/4/2026 4:18:13 AM)
Listing courtesy of HAMMOCK REAL ESTATE GROUP   Phone: 386-246-9934

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NMLS Mortgage Loan Originator ID 16953

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173 ISLAND ESTATES PARKWAY, Palm Coast, FL, 32137

$1,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,599,200 $1,599,200 $1,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.350% 6.349% 6.183%
Monthly Tax Payment $1,150 $1,150 $1,150
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,588 $9,847 $13,495
Total Monthly Payment $10,863 $11,122 $14,770

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.