8756 Sand Pine Drive
About This Property
Welcome to 8756 Sand Pine Drive--a truly rare new-construction opportunity offering 2.39 acres and approximately 388 feet of East Bay River frontage. With its unique pie-shaped homesite, the property stretches approximately 933 feet along the west property line to the water and approximately 597 feet along the east property line to the river. This is the kind of property that simply does not come along often.
Currently past the framing stage, this custom-built home features a brand-new floor plan and the largest version of this design ever created by Carr Custom Homes. With estimated completion in November 2026, a buyer who secures the home early enough may have the opportunity to personalize many of the finishes while the builder handles the construction process--without the buyer having to obtain a traditional construction-perm loan.
Offering just under 2,800 square feet of heated and cooled living space, the home is thoughtfully designed with four bedrooms, three full bathrooms, one half bathroom, and an oversized 25' x 22' garage--providing more storage and flexibility than the average two-car garage.
Step through impressive 8-foot double wood front doors and into a home designed around space, natural light, and elevated finishes. The open-concept living area will feature an oversized kitchen island with additional cabinetry underneath, along with a beautiful custom range hood designed by the builder or buye Depending on the stage of construction at the time of contract, buyers may have the opportunity to select cabinetry colors, countertops, tile, LVP flooring, front-door stain, and hardware finishes including black, bronze, brushed nickel, or gold. Bring your vision and create a color palette that truly feels like home.
Additional planned features include gas cooking, a gas tankless water heater for endless hot water, dishwasher, microwave, ceiling fans throughout, lush landscaping, a sprinkler system, and a dedicated lawn pump to help irrigate the property without adding irrigation usage to your household water bill.
The septic tank and drain field are also being strategically positioned with the possibility of a future swimming pool in mind.
And perhaps one of the best features of all--NO HOA. Bring the boat, RV, and recreational toys and enjoy the freedom that comes with owning your own private piece of waterfront paradise.
A termite bond and survey will be provided at closing.
This is an exceptional opportunity for buyers who want the experience of customizing a new home without taking on the complexities and expense of a traditional construction loan. The builder handles the process while you enjoy the exciting part--watching your vision come to life.
Only one home of this design is being built this year. Estimated completion: November 2026.
Photos currently shown are examples of previous builder projects and are intended to represent the quality and style of construction. The possibilities for this one-of-a-kind custom riverfront property are nearly endless.
Private acreage. Approximately 388 feet of East Bay River frontage. New construction. Custom selections. No HOA.
THIS IS MORE THAN A NEW HOME--IT IS A RARE OPPORTUNITY TO CREATE YOUR OWN PRIVATE WATERFRONT LIFESTYLE.
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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%.
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 |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$800,000
↓ $35K
(4.2%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$834,700
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Keller Williams Realty Navarre | $845,000 | |
| Listed by Keller Williams Realty Navarre | |||
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017