38 Northshore DRIVE, Palm Coast, FL, 32137 | $4,750,000

A rare opportunity to own a coastal legacy home on one of the most sought after streets in Hammock Beach. The absolute best of both worlds. An easy walk to The Hammock Beach Club allows you to enjoy the energy and world-class amenities of the Club & Resort. If tranquility is your vibe, walk to the end of your cul-de-sac, access the private, sandy path through natural vegetation leading to your private beach walkover where your remote pristine beach and rolling ocean waves await.

This home was inspired by the coastal homes of the Outer Banks and was designed to maximize the sweeping views of the Atlantic Ocean, Nicklaus Ocean Course and private preserves from the main living area. With over 10, 000sf of blended indoor and outdoor living area with just over 6, 500sf under air, this home is ideal for providing an optimal setting for entertaining friends and family and creating lifelong memories. The infinity edge salt water heated pool blends seamlessly into the lake and is the center for daytime fun, transforming in the evening into a beautifully lit backdrop for conversation in the spa or around the outdoor fireplace. The whole house 12 zone Sonos based music system provides ambiance for both indoor and outdoor living.

The attention to design and finishing details differentiates this home. This Machin built luxury home includes details such as a glass enclosed elevator, high end cabinetry & woodwork by Pine Cottage, and a huge kitchen island with an entertaining kitchen attached. The over-sized lot allowed an architectural footprint to include extra-large rooms in the design, including an expansive home office and a bonus room that can be used as a second office or in-law suite. High ceilings, wide staircases and design details are prevalent throughout the home.

Functional details were added such as extensive home automation throughout the house, power blinds, full house sprinkler system, circulating hot water system for instant hot water and stunning outdoor lighting. In 2020 a new full house 48KW Briggs Generator was installed including a stainless steel rail base & 1000 gallon owned propane tank that can support the home for 4 to 5 days.

Optional membership to the Hammock Beach Club would provide access to world class golf at both the Nicklaus Ocean Course and the Watson Conservatory Course, tennis and pickleball at Yacht Harbor Village, access to multiple Club restaurants, dozens of weekly health and wellness classes and a multitude of social and entertainment functions. The vacant homesite adjacent to the home is available for sale to the buyer of this home. It really doesn’t get much better than this!

Features

  • Elevator: Y
  • Amenities: Gated
  • Rooms: 3
  • Bedrooms: 6
  • Baths: 5 full / 2 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Custom
  • Year Built: 2007
  • Garage: 3-car Driveway, Garage Door Opener, Garage Faces Side, Guest, Oversized
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 6,513
  • Acreage: 0.36
  • Est. Taxes: $13,367
  • HOA Fee: $492 Quarterly
  • Lot Desc: Landscaped, On Golf Course, Private, Street Dead-End
  • View: Golf Course, Pool, Trees/Woods, Water
  • Pool: Heated, In Ground, Infinity, Lighting, Salt Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: FC305022
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/FC305022/38northshoredrive_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 11/14/2024 8:36:34 PM)
Listing courtesy of COASTAL GATEWAY REAL ESTATE GR   Phone: 386-338-5000

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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38 Northshore DRIVE, Palm Coast, FL, 32137

$4,750,000

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 $3,800,000 $3,800,000 $3,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $1,114 $1,114 $1,114
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,647 $24,647 $33,627
Total Monthly Payment $25,886 $25,886 $34,866

* 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.