Price Reduction - Water Views - New Construction - Primary on Main
Address
118 Tea Olive Drive, PALM COAST, FL
Price
$ 337,990
Property Attributes
  • MLS#FC320240
  • TypeSingle Family
  • Listing Status Active
  • CountyFlagler
  • CityPALM COAST
  • AreaPalm Coast
  • NeighborhoodSOMERSET AT PALM COAST PARK
  • Zip32137
  • StyleSingle Family Residence
  • Year Built2026
  • Price$ 337,990
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1707
  • Lot Size0.2 Acres
Data Source:
Stellar MLS
Property Description

This stunning, single-story home showcases 4 bedrooms, 2 bath and an extended garage with a pond view. Inside, discover an open floor plan with volume ceilings, luxury vinyl flooring throughout and a spacious great room. The kitchen boasts luxury vinyl flooring, Woodmont® cabinets, granite countertops, island and Whirlpool® stainless steel appliances. The primary suite features a large walk-in closet and connecting bath that offers quartz countertops, and a dual-sink vanity. Other highlights include ENERGY STAR® certified lighting, Moen® faucets, Kohler® sinks and a smart thermostat. Enjoy your pond view on the extended covered back patio. KB Home at Somerset includes a brand-new playground, dog park and pool! Closing cost assistance available on this home.

Price History
7/28/2026 Listed $348,990
8/13/2026 3$337,990

General Features

Sewer Public Sewer
Heating Central,Natural Gas
Cooling Central Air
Utilities Cable Connected,Natural Gas Connected,Public,Sewer Available,Sewer Connected,Sprinkler Recycled,Street Lights,Underground Utilities,Water Available
Roof Shingle
Appliances Dishwasher,Disposal,Dryer,Exhaust Fan,Gas Water Heater,Ice Maker,Range,Refrigerator,Tankless Water Heater,Washer
Zoning SFR
HOA Fee 98
Garage Spaces 2
Construction Materials Cement Siding
Pets Allowed Yes
Year Built 2026
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Ownership Fee Simple
Assoc Fee Paid Per Quarterly
County Flagler
New Construction true
Property Type Residential
Attached Garage true
Subdivision Name SOMERSET AT PALM COAST PARK
Facing Direction North
Garage Y/N true
Total Rooms 7
Full Baths 2
Status Active
Directions From I-95 exit 298 merge onto US-1 South. Continue straight through two traffic circles to stay on US-1 South. Community entrance will be on right about two miles south of second traffic circle.
City PALM COAST
Association Name Sovereign & Jacobs
Senior Community Y/N false
MLS Area 32137 - Palm Coast
Lot Size Units Acres
Lot Size Square Feet 258120
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Land Lease Y/N false
Home Warranty Y/N false
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
TaxOtherAnnualAssessmentAmount 1795
Tax Lot 186
Legal Description Closing Bear
Water View Lake
Minimum Lease 7 Months
Water Access Y/N false
Monthly HOA Amount 32.67
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),High Ceilings,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Thermostat
Flooring Carpet,Ceramic Tile,Laminate
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows
Fireplace Y/N false
Laundry Features Inside,Laundry Room
Total Bedrooms 4
LivingAreaSource Builder
Total Baths 2

Exterior Features

Exterior Amenities French Doors,Irrigation System
Water Source Public
Lot Size Area 5.9256
Foundation Details Slab
Building Area Total 1707
Lot Size Acres 0.2
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32137

Price
AVG $680K
$340K
Year Built
AVG 2010
2026

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