Hidden beneath a canopy of majestic mature live oaks at the end of
a long private driveway on nearly ¾ of an acre, this extraordinary
residence showcases timeless Mediterranean architecture rarely
found in Palm Coast. Bordering Grand Haven's waterfront park with
no neighboring home on one side, the estate offers exceptional
privacy while embracing breathtaking views of the Intracoastal
Waterway. From the moment you enter, soaring ceilings, graceful
archways, stone fountains, rich granite flooring, & walls of
picture windows immediately draw your eye to the tranquil waters
beyond. Formal living & dining rooms provide elegant spaces for
entertaining, while the spacious family room was designed to
showcase spectacular waterfront views. The first-floor primary
suite is a private retreat featuring expansive picture windows
overlooking the Intracoastal, a double-sided gas fireplace shared
with a sitting area perfect for a home office or reading nook, dual
walk-in closets, and direct access to the screened pool. Wake each
morning to breathtaking sunrises over the water from the comfort of
your own suite. Beautifully finished in timeless marble, the
luxurious ensuite offers double vanities, an exquisite marble
mosaic walk-in shower, a jetted soaking tub, & a private water
closet with bidet. A separate marble-finished half bath provides
convenient access directly from the primary suite to the pool.
Upstairs, two spacious guest bedrooms share a beautifully appointed
Jack-and-Jill bathroom, while one bedroom opens onto a private
balcony overlooking the pool with peaceful views of the
Intracoastal Waterway. Throughout the home, every bathroom has been
thoughtfully finished in elegant marble, reflecting the exceptional
craftsmanship found throughout the residence. Outside is your
private screened pool & spa, where mornings begin with colorful
sunrises over the Intracoastal and afternoons are often accompanied
by dolphins and manatees gliding through the water. Just beyond,
the covered boathouse features a 34-foot covered slip, 9,000-pound
High-Tide boat lift, approximately 12-foot beam, electric service,
fresh water, generous walk-around decking, and additional side
mooring. Built in 2008, the boathouse perfectly complements the
home's timeless architecture while providing effortless access to
the Intracoastal Waterway. Located within the prestigious gated
community of Grand Haven, residents enjoy a staffed security gate,2
resort-style pools, a restaurant, fitness center, tennis courts,
pickleball courts, basketball courts, playgrounds, miles of scenic
walking and biking trails, and a vibrant calendar of clubs and
community events. HOA and CDD fees include access to these
exceptional amenities, while the acclaimed Jack Nicklaus Signature
Golf Course is available through optional membership. Perfectly
positioned just 2 miles from shopping, restaurants, grocery stores,
and everyday conveniences, approximately 7 miles from Flagler
Beach, 18 miles from Historic Downtown St. Augustine, and 28 miles
from Daytona Beach, this remarkable estate offers the perfect
balance of privacy, luxury, and convenience. True Mediterranean
waterfront estates of this caliber rarely become available. More
than a home, this is a timeless waterfront estate where exceptional
craftsmanship, remarkable privacy, and an extraordinary
Intracoastal lifestyle come together to create one of Grand Haven's
most distinctive residences.
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.
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