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2245 REED Street
About This Property
This stunning waterfront estate on three private acres is truly one of a kind! Completely renovated and showcasing unique architectural design, this property also includes a beautiful 2-bedroom guest house, perfect for family, friends, or additional income potential.
The main residence features 3 spacious bedrooms, 3 full bathrooms, and flex rooms ideal for a home office, gym, or creative space. Every detail has been thoughtfully updated to combine modern luxury with timeless style. Spacious kitchen features huge island Quartzite countertops, gas stovetop, coffee bar, beverage fridge, and temperature controlled wine cellar.The primary suite offers a cozy fireplace, a spa-inspired bathroom with a large soaking tub, an expansive custom closet (complete with washer and dryer), and a private porch. Floor-to-ceiling windows invite natural light throughout and provide picturesque views of the beautifully landscaped grounds- creating a peaceful, resort-like feel every day.
Enjoy seamless indoor-outdoor living with a huge back porch and summer kitchen, offering plenty of space for entertaining or simply relaxing by the water. The dock, connected directly to the back porch, features a 6,000-lb boat lift and provides easy access to the St. Johns River, making this home a boater's paradise.
This property offers exceptional privacy, surrounded by nature and featuring private gates at the entrance for a truly secluded retreat. Each residence on the property has its own gated access. From the moment you enter, you'll be greeted by impeccable landscaping that enhances the beauty and tranquility of the grounds. Additional highlights include a professionally installed putting green and a temperature controlled workshop, perfect for hobbies or extra storage.
The guest house is equally impressive, offering over 1,600 square feet of thoughtfully designed living space. It includes 2 bedrooms, 2 bathrooms, a family room, dining area, and a formal living roomcurrently used as an art studio. With vaulted ceilings, abundant natural light, and custom millwork throughout, the home feels both open and inviting. Additional features include a custom closet system, plantation shutters, and ADA accessibility, making this guest residence as functional as it is beautiful.
Ask about our Preferred Membership to Gate Hospitality - Ponte Vedra Inn & Club, The Lodge & Club, Epping Forest, and The River Club.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Price Decreased |
$1,829,000
↓ $70K
(3.7%) | |
| Price Decreased | |||
| Nov 2, 2025 | Listed by PONTE VEDRA CLUB REALTY, INC. | $1,899,000 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
| May 10, 2017 | Sold | ||
| Sold | |||
| Aug 20, 2013 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $638,000 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
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Gorgeous Florida Home on over 3 acres on Navigable water with access to the St. Johns River. Dock with boatlift and beautiful views. Property has 2 homes on it - perfect for a mother - in - law quarters. The big house has 3BR/3.5baths with 2 fireplaces and a large deck on the back of the home. Updated kitchen and baths - all appliances stay. All 3 bedrooms have their own bathroom. Wet bar w/ refrigerator and bar area in the family room - perfect for entertaining. 2nd Home is gorgeous as well with 2 br's and 2 baths - updated kitchen and baths. Lge deck on the home along with a sep. temperature controlled detached hobby room. The yard is meticulously maintained with palm trees and plants. Very nice piece of property with no HOA dues. Plenty of room to park a boat and/or RV in the driveway
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017