$303,990
NEW CONSTRUCTION $5K PRICE DROP

57 Tea Olive Dr Palm Coast, FL 32137

Estimated payment $2,032/month

Total Views 1,499
3 Beds
2 Baths
1,501 Sq Ft
$203 Price per Sq Ft

Highlights

  • Under Construction
  • Pond View
  • Main Floor Primary Bedroom
  • Indian Trails Middle School Rated A-
  • Vaulted Ceiling
  • Great Room

About This Home

Under Construction. This stunning, single-story home is perfect inside out with a beautiful, covered patio with a wooded, pond view. Inside, discover an open floor plan with volume ceilings and a spacious great room that provides access to a covered back patio. The modern kitchen boasts laminate countertops, a wet island, Whirlpool stainless steel appliances and Woodmont 42-in. upper cabinets. Relax in the primary suite, which features a walk-in closet and connecting bath that offers quartz countertops, a dual-sink vanity, walk-in shower and garden tub. Enjoy the additional storage with walk-in closets at all secondary bedrooms. Other highlights include ENERGY STAR certified lighting, Moen faucets, Kohler sinks and an ecobee3 Lite smart thermostat. KB Home at Somerset will include a playground and pool soon upon construction completion! Closing cost assistance available on this home.

Listing Agent

Keith Francis

ROUND TABLE REALTY INC. License #3053111

ROUND TABLE REALTY INC.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | Under Construction

Lot Details

  • 5,331 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned SFRD

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home is estimated to be completed on 3/31/25
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,501 Sq Ft Home
  • Vaulted Ceiling
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Pond Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Covered patio or porch

Community Details

  • Sovereign & Jacobs Association, Phone Number (904) 461-5556
  • Built by KB HOME
  • Somerset At Palm Coast Park Subdivision, Plan 1501

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding, Frame
  • Fireplace: No
  • Living Area: 1501
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 1501
  • Lot Size Sq Ft: 5331
  • Directions to Property: FROM I-95, MERGE ONTO US-1 SOUTH. CONTINUE STRAIGHT THROUGH THE TRAFFIC CIRCLE TO STAY ON US-1 SOUTH. AFTER 2 MI., COMMUNITY IS ON THE RIGHT.
  • Status: Active
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 581110649
  • RATIO Current Price By Calculate: 202.52
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: 224071201
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Tax Year: 2025
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 57
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 139.45
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: French Doors, Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt, Concrete
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2025-03-31T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Other
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 104.16
  • Association Fee Frequency: Quarterly
  • Association Name: Sovereign & Jacobs
  • Phone: 904-461-5556
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 416.64
  • Total Monthly Fees: 34.72
  • Monthly HOA Amount: 34.72

Lot Info

  • Zoning: SFRD
  • Parcel Number: 0411305570000002870
  • Additional Parcels: No
  • Fencing: Fenced
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 495

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: KB HOME

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Block: 42
  • Tax Book Number: 30
  • Tax Lot: 287
  • Tax Other Annual Assessment Amount: 1840

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $37,189 $37,189 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Price Changed $303,990 -1.6% $203 / Sq Ft
02/12/2025 02/12/25 For Sale $308,990 -- $206 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: FC307312

Stellar MLS

APN: 04-11-30-5570-00000-2870