2900 JOE ASHTON ROAD
About This Property
The separate accommodations allow parents, adult children, extended family, and guests to enjoy their own private spaces while remaining together on one spectacular property. The cottages also offer Airbnb and short-term rental income potential and provide convenient accommodations for wedding guests, family reunions, retreats, and special events. The seven-acre grounds of The Estate at Emerald Lakes evoke the atmosphere of a private resort. A picturesque lake creates a beautiful backdrop, complemented by a screened swimming pool, pool house/gym/storage, tennis court, pickleball court, and expansive outdoor spaces designed for recreation, relaxation, and entertaining. Adding even greater versatility is an RV/Boat garage and dedicated event storage, providing valuable space for recreational vehicles, equipment, furnishings, and everything needed to support the property's many possible uses. A wedding and event barn with kitchen, restrooms and storage that further distinguishes this remarkable estate, creating a dedicated space for celebrations and gatherings. Paired with the lakefront setting, expansive grounds, guest cottages, pool, and recreational amenities, the property offers exceptional potential as a wedding and special-event destination, with opportunities for ceremonies, receptions, photography, celebrations, and overnight guest accommodations. Whether envisioned as a luxurious private family compound, multi-generational estate, vacation-rental destination, corporate or wellness retreat, or wedding and event property, The Estate at Emerald Lakes offers a rare combination of privacy, versatility, recreation, and opportunity all approximately 20 minutes from the dining, shopping, history, beaches, and charm of downtown St. Augustine.The Estate at Emerald Lakes isn't simply a residence it's a seven-acre private resort, family compound, retreat, and destination.
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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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Nov 4, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $3,299,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Oct 14, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $3,299,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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THE ESTATE AT EMERALD LAKES Hospitality, Wedding Venue & Short-Term Rental Investment Opportunity. Discover a unique gated estate in St. Johns County, Florida, offering multiple potential hospitality and event-use opportunities. Located approximately 20 minutes from historic downtown St. Augustine, this property features over six acres of grounds, a scenic lake, a renovated main residence, three guest cottages, and a dedicated event venue. Investment Potential includes the property's combination of overnight accommodations, event facilities, and recreational amenities presents an opportunity to explore a wedding and special-event venue, short-term vacation rental compound, corporate or wellness retreat, or boutique hospitality concept. The multiple structures and resort-style setting offer flexibility for an owner-operator or investor pursuing complementary business uses. Convenient to St. Augustine's historic district, dining, shopping, attractions, and beaches. The Estate at Emerald Lakes offers a distinctive setting for a destination-oriented hospitality concept. Both parcels are included in the combined offering. Property Highlights * Approximately 6 acres, as advertised * Two parcels offered together in one sale * Renovated 4-bedroom, 3-bath main residence * Three additional guest cottages * Event barn with kitchen, restrooms, and storage * Screened swimming pool and pool house with gym * Tennis, pickleball courts & basketball * 2 RV/boat garages and additional storage * Private gated setting with expansive outdoor gathering areas
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| Sep 28, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $3,299,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
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Introducing The Estate at Emerald Lakes an extraordinary gated six plus acre private compound with main home an cottages totaling 10 bedrooms, 7 1/2 baths offering a level of lifestyle, versatility, and resort-style living rarely found in St. Johns County. Just 20 minutes from historic downtown St. Augustine, this one-of-a-kind estate pairs a beautifully renovated main residence with three private guest cottages, a picturesque lake, exceptional recreational amenities, and dedicated event spaces creating an unparalleled setting for luxury living, multi-generational families, entertaining, and income-producing opportunities. At the heart of the property is the beautifully renovated four bedroom/three bath main residence overlooking the lake, featuring an updated kitchen, remodeled baths, and spacious living and entertaining areas designed for both everyday comfort and effortless gatherings. Beyond the main residence, multiple charming cottages. The separate accommodations allow parents, adult children, extended family, and guests to enjoy their own private spaces while remaining together on one spectacular property. The cottages also offer Airbnb and short-term rental income potential and provide convenient accommodations for wedding guests, family reunions, retreats, and special events. The seven-acre grounds of The Estate at Emerald Lakes evoke the atmosphere of a private resort. A picturesque lake creates a beautiful backdrop, complemented by a screened swimming pool, pool house/gym/storage, tennis court, pickleball court, and expansive outdoor spaces designed for recreation, relaxation, and entertaining. Adding even greater versatility is an RV/Boat garage and dedicated event storage, providing valuable space for recreational vehicles, equipment, furnishings, and everything needed to support the property's many possible uses. A wedding and event barn with kitchen, restrooms and storage that further distinguishes this remarkable estate, creating a dedicated space for celebrations and gatherings. Paired with the lakefront setting, expansive grounds, guest cottages, pool, and recreational amenities, the property offers exceptional potential as a wedding and special-event destination, with opportunities for ceremonies, receptions, photography, celebrations, and overnight guest accommodations. Whether envisioned as a luxurious private family compound, multi-generational estate, vacation-rental destination, corporate or wellness retreat, or wedding and event property, The Estate at Emerald Lakes offers a rare combination of privacy, versatility, recreation, and opportunity all approximately 20 minutes from the dining, shopping, history, beaches, and charm of downtown St. Augustine.The Estate at Emerald Lakes isn't simply a residence it's a seven-acre private resort, family compound, retreat, and destination.
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| Sep 1, 2022 | Sold | ||
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| Apr 20, 2020 | Listed by VYLLA HOME | $1,100,000 | |
| Listed by VYLLA HOME | |||
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One of a kind country estate! Main home consists of 4bed/3bath and two beautiful wood burning stone fireplaces. Property includes: screened in heated pool with pool house and bbq pit, lighted tennis/basketball court, two pole barns, climate controlled work barn with loft, another barn for entertainment equipped with a full kitchen and 1.5 baths. First guest house includes 2bed/2bath with master on first floor, second guest house is a 1/1 with a wrap around cedar porch. Beautiful bass and koi pond with gazebo and fishing dock. This property has too many features to list! Call today to schedule an appointment to view this unique property.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017