278 Pollard Cove East #LOT122
About This Property
Inspired by Coastal Cottage architecture with modern coastal influences, the exterior showcases Nichiha fiber cement shake siding, a Galvalume standing-seam metal roof, and abundant transom windows that fill the home with natural light. Double French entry doors create a welcoming arrival, opening to soaring 12-foot ceilings and a dramatic Great Room accented by exposed cypress beams and a 42-inch gas fireplace. Oversized 16-foot sliding glass doors extend the living space outdoors, creating a seamless connection to the covered porch, saltwater pool, spa, and cabana.
Designed for effortless entertaining, the kitchen features an impressive 12-foot island with additional storage beneath the seating area. Premium Wolf and Sub-Zero appliances pair with custom white oak cabinetry featuring stained overlays and upgraded quartz surfaces. A walk-in pantry with built-in shelving connects directly to the formal dining room, where a wet bar with an under counter beverage beverage refrigerator enhances entertaining.
Privately located on the first floor, the primary suite opens directly to the covered porch through French doors and features a spacious walk-in closet centered around a nine-foot island. The bath includes dual vanities, a freestanding soaking tub, an oversized walk-in shower with an expanded illuminated niche, upgraded stone surfaces, and a separate water closet.
Three spacious upstairs guest suites each include private ensuite baths and French doors opening onto the expansive rear balcony overlooking the common area and partial Lake Powell views. A vaulted family room with its own powder bath creates an inviting gathering space, while the private carriage house above the garage provides exceptional flexibility with a separate living area, kitchenette, full bath, and private access.
Everyday functionality is equally well considered. A generously sized laundry room offers upper and lower cabinetry, upgraded quartz countertops, a built-in sink, bench seating with cubbies, and a dedicated broom closet, while additional storage beneath the staircase is conveniently accessed from the garage. Engineered hardwood flooring, detailed interior trim, upgraded Delta plumbing fixtures, a tankless water heater, and a comprehensive Water and Air Wellness Package featuring whole-house water softening, reverse osmosis filtration, REME Halo air purification, and integrated leak detection further enhance the home's thoughtful design.
Outdoor living rivals the interior with a covered porch equipped outdoor kitchen featuring a built-in grill, sink, and under-counter refrigerator leading to the saltwater pool and spa, an outdoor shower, and a separate cabana complete with a gas fireplace, ceiling fan, and fully. Mature landscaping and rear wire fencing preserve the open views while maintaining a sense of privacy.
Located in Powell Landing East at Watersound Origins, this exceptional residence enjoys convenient access to the Origins Golf Course, Village Commons, Watersound Town Center, miles of walking and biking trails, and pedestrian trail access to Lake Powell. Estimated completion is February 2027.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Listed by Watersound Real Estate | $3,541,650 | |
| Listed by Watersound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017