368 Ocean Crest DRIVE, Palm Coast, FL, 32137 | $6,500,000

There are exceptional properties. There are exceptional homes. When the two unite, it is a once in a lifetime opportunity.

Proudly presenting a rare opportunity for the discerning few to acquire an oceanfront legacy home. An ideal community, setting, and home to be the gathering place for family and friends for many years. Nestled majestically on Ocean Crest Drive, upon one of the finest homesites on Florida’s Atlantic Coast, this exquisite home was designed to maximize the sweeping views of the ocean, beach, and the Jack Nicklaus signature ocean course and preserve. Over several years of planning and construction, every detail was meticulously thought through and executed by leading craftspeople and trades from across the country. The home offers an unparalleled experience of luxury living, yet it has a timeless appeal which is best described as ‘beach elegant’. As the sun rises and sets over the last four holes, known affectionately as 'The Bear Claw' by Nicklaus himself, the landscape transforms into a breathtaking panorama.

With an eye on detail, a 3-foot stem wall raises the home above the already 20-feet from sea level. Capturing 270-degree views, the home also ensures maximum privacy. A travertine driveway welcomes you to the home with every detail meticulously planned and beginning with the 3-car oversized garage with beautiful stained custom cedar doors and equipped with electric vehicle hookup.

The 2nd level main entrance leads to a custom designed front door. The home has a walnut wood-lined elevator. The owner took attention to create custom ceiling designs and great window designs. For comfort, the six en-suite bedrooms have separate AC controls and ceiling fans, as do all other rooms. The expansive 2nd floor living, dining, and social space features walnut floors and custom, 10-foot frameless turtle-reflective commercial-grade glass windows (on all three floors), allowing the beauty of the surroundings to permeate every corner. There is a wonderful private office/den with built-ins and golf and ocean views. One focal point for the family is the custom step-down bar and the artfully designed waterfall wall. A hidden-in-floor television (master suite too) keeps the view the main thing. The gourmet kitchen with top-of-the-line Wolf 6-burner gas stove, two dishwashers, and a large Sub-Zero refrigerator, is a chef's dream, and has a large pantry hidden from view. The 2nd floor patio has a step-down design to maximize unobstructed viewing of the ocean when inside. All Patios have custom cypress wood ceilings. The outdoor kitchen with Wolf grill and sink area provide more get together moments. The home has bug spray mist system on all patios for comfort year-round.

The first-floor has wonderful ocean views and features an infinity-edge pool, hot tub, a large ocean front sun patio for tanning, and an outside walled ‘beach’ shower. Inside is a sitting area and custom bar, three ensuite bedrooms, an 800+ bottle glass-walled wine room, a fitness room, and spacious laundry room. The top floor has two guest ensuite bedrooms and the lavish primary suite with pedestal bed, crystal Swarovski light sconces, and large patio. A lavish master bath completes the suite with a curved custom glass shower, soaking tub, and 3 large windows for more ocean viewing. With impeccable attention to detail and many more features and amenities, 368 Ocean Crest Drive epitomizes Beach-Elegant living at its absolute finest.

Features

  • Amenities: Gated
  • Rooms: 6
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Style: Coastal
  • Year Built: 2015
  • Garage: 3-car Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Side, Ground Level, Guest, Workshop in Garage
  • Heating: Electric, Heat Pump, Propane
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 7,733
  • Acreage: 0.3
  • Est. Taxes: $31,730
  • HOA Fee: $598 Quarterly
  • Lot Desc: Corner Lot, Cul-De-Sac, Landscaped, Oversized Lot
  • View: Golf Course, Water
  • Elem. School: Belle Terre Elementary
  • Middle School: Indian Trails Middle-FC
  • High School: Matanzas High
  • Pool: Gunite, Heated, In Ground, Infinity, Lighting
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: FC300427
  • Days on Market: 32 days
  • Website: https://www.raveis.com
    /eprop/FC300427/368oceancrestdrive_palmcoast_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/15/2024 10:32:07 PM)
Listing courtesy of COASTAL GATEWAY REAL ESTATE GROUP   Phone: 386-338-5000

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

368 Ocean Crest DRIVE, Palm Coast, FL, 32137

$6,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,200,000 $5,200,000 $5,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.876% 6.850%
Monthly Tax Payment $2,644 $2,644 $2,644
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,596 $33,727 $45,656
Total Monthly Payment $37,365 $36,496 $48,425

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.