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$2,400,000

Beds
4
Baths
3.0
sq ft
2,473

118 River Ln, Ormond Beach, FL 32176

118 River Ln

Ormond Beach, FL 32176

  • <1 day on market
Luxury Waterfront Living in Ormond Beach - Discover a rare opportunity to own a newly constructed waterfront home on the highly coveted Intracoastal Waterway. Nestled off a private side street on prestigious John Anderson Drive, this home offers the perfect blend of modern elegance and serene privacy. Designed and built in 2024 by the renowned Niagara Builders, led by Sal Iamarino, this property boasts exceptional craftsmanship and meticulous attention to detail. Situated on a spacious 1/3-acre lot just 2.5 miles from Granada Bridge, you'll enjoy convenient access to premier dining, boutiques, and entertainment. This stunning residence features: Bright, Open Floor Plan: 4 bedrooms + office, with soaring 12.7' ceilings in the great room and primary suite. Expansive Outdoor Living: Oversized covered lanai (17x52), a sparkling in-ground pool by Blue Water Pools, wrought iron fencing, and a new dock with an electric boat lift and seawall. Gourmet Kitchen: Quartz countertops, expansive breakfast bar, full appliance package, inside laundry with splash tub, crown molding, sound proofing insulation batts throughout wood framed walls in bedrooms and bathrooms. Superior Construction: Concrete block with a stem wall foundation, double pane hurricane impact windows, Rainbird sprinkler system, and engineered wood flooring with tile in bathrooms. Energy Efficiency: Noritz tankless hot water heater, advanced insulation, Carrier A/C system, and a new aerobic septic system. Garage Space Galore: Oversized 624 sq. ft. garage for all your storage and parking needs. Outdoor Amenities: In-Ground Pool by Blue Water Pools, new Dock with boat lift, Built-in grill and sink for alfresco dining and entertaining. Just 100 feet to the intra-coastal channel. This home is designed for both luxury and resilience, featuring modern building codes to withstand Florida's harsh weather, including hurricanes and flooding. Energy-efficient systems and materials ensure reduced utility costs and environmental impact, making this property as practical as it is beautiful. Don't miss this rare chance to own a brand-new Intracoastal dream home in sought-after Ormond Beach. Schedule your private showing today and experience waterfront living at its finest!

Details

Property type

Single Family Residence

Est. home value

$550,745

Property condition

Updated/Remodeled
New Construction

Lot size

0.34 acres

Price per sq ft

$971

Year built

Unknown

Annual property taxes

$9,485

Price History

01/11/2025
Daytona

Daytona #1207780

Listed
$2,400,000
+231.03%
03/09/2023
Daytona

Daytona #1105413

Sold
$725,000

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

Elementary school: 

Pine Trail

Middle school: 

Ormond Beach

High school: 

Seabreeze

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Interstate Home Loan Center Inc

Loan start date

July 2023

Original loan amount

$351,400

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

New Conventional, 30 year

Seller

Feng Zheng and Yuqing Chen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/11/2025 at 10:55 AM

Listing updated: 01/11/2025 at 12:49 AM

Listed by: Rachel McGrath, Premier Sotheby's International Realty

MLS: Daytona #1207780

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