5 Colorado Drive, PALM COAST, FL 32137
Local realty services provided by:ERA Grizzard Real Estate
Listed by:otis gilyard
Office:coldwell banker (hammock)
MLS#:FC307610
Source:MFRMLS
Price summary
- Price:$839,999
- Price per sq. ft.:$236.35
About this home
SALT WATERFRONT - POOL - FULLY FURNISHED - SPLIT FLOOR PLAN - / 1 YEAR WARRANTY - / NO CDD or HOA/ MULTIPLE PRIVATE ENTRANCES…This hidden piece of paradise boasts views not expected until you open the front door. This gem is properly positioned on nearly a 16000 square foot CORNER LOT within the very desired Palm Harbor boating community and located at the very end of a Saltwater canal. This Pool home features a new roof in Dec. 2020, Modernized and updated in 2022, and is fully LOADED, to include 5inch baseboards, and crown molding. This beauty includes new electric panels and “Solar Power” as of 2023, kiss your usual FPL bill goodbye. Over 40 feet of saltwater canal frontage and endless sunsets await you at this one-of-a-kind, fully custom, Ol' Florida Ranch Style Home, with a coastal appeal. Why wait for the inconsistency and stressors of a new build≠ This home WARRANTY covers ALL major appliances, effective for 1 year from closing. Lush and well-manicured, mature lawn and landscape… No more looking across the waterway at your neighbor… Bottomless waterfront views from all north facing interior areas. Did I mention an optional expandable back yard buildable and with an additional 70 foot of frontage≠≠ Be sure to ask your real estate professional for more details. This modern home offers a re-finished and oversized screened-in pool 2022, with 2 completely separated screened in lanai areas, 2 master ensuites (both on level 1), one of the masters overlooking the end of the salt canal, a large private ensuite or bonus room upstairs (this room and its access could easily be a separate apartment). Large dining area and oversized fully renovated kitchen with plenty of counter space and DOUBLE ovens!! The elongated tile flooring throughout, make it very easy to maintain. Boaters' paradise! Freshly dredged dockage 12' out from seawall, 15' wide fully protected slip and an installed dock service finger, dock built of composite decking. Independent 110 power at the dock, and separate 50-amp service. Just a 20-30min. float to the mouth of the Atlantic Intracoastal Waterway. This setup will accommodate a boat 15 foot tall, 14 foot wide, up to 40 foot long, with a draft of under 4 foot. Large circular driveway for plenty of parking, and if you run out of space, no problem... There's a fenced in 48' long concrete pad for your overflow. Propane Gas on site for laundry and hot water. Insulated garage doors and finished garage floor allows for ease of use. Extra Large finished attic space with pull down pocket stairs. Come claim your slice of paradise. Approximately 2 miles east of I-95 and 3 miles east of US Highway 1. A-ranked schools, shopping and award-winning beaches just minutes from your front door. Regardless of what your needs are, this home makes it possible: Air BnB, multi-family use, vacation home, or simply your primary residence, this beauty and its unique floor plan makes it ALL possible. Why go to the beachside and combat XE flood zones, when you can benefit from the pleasure of the salt canal with an X flood designation (less homeowners insurance costs). Why pay double or triple in taxes≠ This is home, and the custom floor plan does not repeat anywhere locally. Please note this property is one of the final remaining available structures in this part of Palm Coast. Once these are gone there will be NO additional neighborhoods built on these canals. Hurry, schedule your showing and then come see why this one fits.
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Home facts
- Year built:1982
- Listing Id #:FC307610
- Added:174 day(s) ago
- Updated:August 14, 2025 at 11:52 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,858 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1982
- Building area:2,858 sq. ft.
- Lot area:0.36 Acres
Schools
- High school:Matanzas High
- Middle school:Imagine Schools Town Center (K-8)
- Elementary school:Belle Terre Elementary
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$839,999
- Price per sq. ft.:$236.35
- Tax amount:$7,900 (2024)
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