tomo logo

$1,600,000

Beds
6
Baths
4.5
sq ft
3,943

24 Ocean Vista Ln, Palm Coast, FL 32137

24 Ocean Vista Ln

PALM COAST, FL 32137

  • 6 days on market
A Masterpiece of Coastal Elegance and Sustainable Luxury. Discover an architectural gem where unparalleled design meets breathtaking natural beauty. This one-of-a-kind oceanfront estate provides a harmonious blend of sophistication and sustainability, situated against the stunning backdrop of the Atlantic Ocean and the pristine Malacompra Preserve. Surrounded front and back with a Tortoise preserve (which will never be built on), providing exquisite privacy. This rare and highly coveted flood zone X property provides unparalleled peace of mind, ensuring a secure and resilient location. Encompassing over 10,000 square feet of covered deck space and an additional 900 square feet of open decking, this home invites you to indulge in sweeping, uninterrupted views of the coastline, complemented by a crow’s nest rooftop deck providing unlimited coastal vistas and breathtaking sunrise and sunset views. The top-floor living area is a sanctuary of refinement, featuring a chef’s kitchen equipped for culinary artistry, a spacious great room that seamlessly blends indoor and outdoor living, a guest powder room, and a luxurious master suite with an adjoining 256 sq. ft. rooftop deck providing panoramic ocean and preserve views. The second floor accommodates family and guests with four well-appointed bedrooms, two luxurious full baths, a dedicated laundry room, and expansive covered deck spaces ideal for relaxation. On the ground floor, dual garages and over 750 square feet of finished flexible space. Featuring a game room with a projector TV, pool table, and a 2nd kitchenette, this space ensures the home caters to every lifestyle! This residence redefines luxury with its $130,000 investment into solar panels, 2 Tesla power packs resulting in complete off-grid energy independence. (Able to easily add an EV charging outlet). Combined with the absence of HOA fees, this property provides an estimated $2,000 in monthly savings. Additionally, the home is equipped with two A/C units and two hot water tanks, both installed in 2020, ensuring year-round comfort and efficiency. Whether envisioned as a primary residence, an exclusive vacation retreat, or a lucrative investment property, the home’s strong short-term rental history underscores its appeal as a venue for large family gatherings, weddings, and celebrations. Elevate your lifestyle with this extraordinary estate, where every sunrise and sunset becomes a masterpiece. Schedule your private showing and step into a world of timeless elegance and coastal splendor.

Details

Property type

Single Family Residence

Est. home value

$1,300,449

Lot size

9,365 sq ft

Price per sq ft

$406

Year built

2004

Annual property taxes

$14,666

HOA

No

Price History

01/17/2025
StellarMLS

StellarMLS #O6263372

Listed
$1,600,000
+79.78%
09/10/2020
StellarMLS

StellarMLS #FC255216

Sold
$890,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$666,572
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$805,428
Cash to seller
$666,572

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2020

Original loan amount

$890,000

Est. remaining balance

$805,428

Interest rate

3.01%

Loan type

VA, 30 year

Seller

Michael D Collier Sr and Wai Young

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: 01/22/2025 at 8:30 PM

Listing updated: 01/18/2025 at 6:55 AM

Listed by: Shellie Silva, REDFIN CORPORATION Phone #: (407) 708-9747

MLS: StellarMLS #O6263372

StellarMLS logo

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