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Welcome to one of the most extraordinary waterfront estates in Palm Coast. Located within the prestigious Island Estates community of Hammock Dunes, this custom-built luxury residence offers a lifestyle that few properties can match. Nestled between the Fox Cut Canal and the Intracoastal Waterway, Island Estates is an exclusive gated enclave of only 190 homes with just a handful of vacant homesites remaining. This private waterfront community offers 24-hour staffed security, unmatched privacy, and one of the most unique lifestyle opportunities on Florida’s east coast. Situated on a spectacular 1. 39-acre waterfront homesite, this concrete block estate boasts over 3, 900 square feet of beautifully designed living space featuring four bedrooms, four full bathrooms, a private office, and a detached casita, creating the perfect setup for guests, extended family, or a private retreat. Lovingly updated over the years, the home showcases newer tile flooring, a beautifully renovated kitchen, and tastefully updated bathrooms throughout. The spacious floor plan is designed to embrace both everyday living and entertaining, with the upgraded kitchen opening seamlessly to the family room and overlooking the stunning outdoor living spaces. The luxurious primary suite serves as a private sanctuary featuring a spa-inspired bathroom with a gorgeous glass-enclosed shower. A separate sitting room overlooking the pool offers endless possibilities as a library, fitness room, media room, or quiet retreat. Step outside and discover your own private resort. The sparkling pool and spa create the perfect backdrop for relaxing and entertaining, while a concrete walkway leads directly to the covered boat dock. With direct access to the Intracoastal Waterway, boating enthusiasts will appreciate the convenience of having endless waterfront adventures right from their backyard. What truly sets this property apart is the rare opportunity to enjoy both waterfront and beach lifestyles in one exclusive community. Island Estates residents enjoy private beach access available only to homeowners within the community. Take a short stroll across the private beach walkover and find yourself on the beautiful sands of the Atlantic Ocean. Whether it’s boating at sunset, fishing from your dock, kayaking the Intracoastal, or enjoying a sunrise walk along the beach, this property offers the very best of Florida coastal living. Additional features include a spacious side-entry garage and an extended driveway capable of accommodating multiple vehicles and guests with ease. Optional membership to the Hammock Dunes Club provides access to two championship golf courses designed by Tom Fazio and Rees Jones, along with exceptional dining, fitness facilities, tennis, pickleball, resort-style pools, and a vibrant social calendar. Properties offering this level of privacy, acreage, luxury, boating access, private beach access, and prestigious location rarely become available. This is more than a home—it is a coastal waterfront estate designed for those who want the very best of Florida living. Must see to truly appreciate everything this remarkable property has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,625,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,300,000 | $1,300,000 | $1,300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,488 | $1,488 | $1,488 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,586 | $7,794 | $10,970 |
| Total Monthly Payment | $9,199 | $9,407 | $12,583 |
* 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.