159 MAYS COVE Road, East Palatka, FL, 32131 | $1,650,000

A rare gem, this piece of old Florida on the St. Johns River is just 25 minutes from St. Augustine and its beautiful beaches—offering an unparalleled opportunity for nature, seclusion, and privacy. This serene waterfront property features a newly built 2024 home, never lived in, set on 1. 4 acres with 139 feet of riverfront. Native Florida fieldstone and cypress wood finishes enhance the charm of this custom-designed home, which includes an oversized detached garage with a second-story apartment. Enjoy breathtaking river views and stunning sunsets. The open-concept floor plan includes a spacious kitchen island and luxurious Italian quartz countertops throughout. Spectacular views can be enjoyed from the master suite, dining area, kitchen, and guest bedroom, all opening to a large 12' x 52' covered lanai. Don't miss the chance to make this exceptional home yours! This property offers not only beauty and tranquility but also freedom there are no HOA fees or parking restrictions, meaning you can park your vehicles, boats, and trailers with ease. The oversized detached garage includes a second-story apartment, perfect for guests or generating rental income. Whether you're seeking a private retreat, an outdoor enthusiast's haven, or simply a place to call home, this stunning waterfront property is the perfect canvas to make your dreams a reality. Don't miss your chance to own a piece of Florida's timeless charm, with modern amenities and riverfront living at its finest.

Features

  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Style: Ranch
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Approx Sq. Feet: 3,020
  • Lot Desc: Dead End Street
  • View: River
  • Water Front: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned, Wine Cooler
  • MLS#: 2066489
  • Days on Market: 73 days
  • Website: https://www.raveis.com
    /eprop/2066489/159mayscoveroad_eastpalatka_fl?source=qrflyer
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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.

Creed PalmerSales Associate

732.589.0471

Creed.Palmer@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
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  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • 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.

Christine PrestonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 90874

203.521.7207

Christine.Preston@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

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@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

159 MAYS COVE Road, East Palatka, FL, 32131

$1,650,000

Creed Palmer

Sales Associate

William Raveis Real Estate

Phone: 732.589.0471

Creed.Palmer@raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.811% 6.475% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,914 $8,235 $11,228
Total Monthly Payment $8,039 $8,360 $11,353

* 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.