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5 Colorado Drive, 
Palm Coast, FL 32137

$850,000


5

Beds


5

Baths


2,858

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Otis Gilyard

Last updated:

April 2, 2025, 12:08 PM

MLS#

FC307610

Source:

MFRMLS

Company Logo

About This Home

5 Colorado Drive

SALT WATERFRONT - POOL - FULLY FURNISHED - SPLIT FLOOR PLAN - / 1 YEAR WARRANTY - / NO CDD or HOA/ MULTIPLE PRIVATE ENTRANCES…This hidden piece of paradise boasts views not expected until you open the front door. This gem is properly positioned on nearly a 16000 square foot CORNER LOT within the very desired Palm Harbor boating community and located at the very end of a Saltwater canal. This Pool home features a new roof in Dec. 2020, Modernized and updated in 2022, and is fully LOADED, to include 5inch baseboards, and crown molding. This beauty includes new electric panels and “Solar Power” as of 2023, kiss your usual FPL bill goodbye. Over 40 feet of saltwater canal frontage and endless sunsets await you at this one-of-a-kind, fully custom, Ol' Florida Ranch Style Home, with a coastal appeal. Why wait for the inconsistency and stressors of a new build≠ This home WARRANTY covers ALL major appliances, effective for 1 year from closing. Lush and well-manicured, mature lawn and landscape… No more looking across the waterway at your neighbor… Bottomless waterfront views from all north facing interior areas. Did I mention an optional expandable back yard buildable and with an additional 70 foot of frontage≠≠ Be sure to ask your real estate professional for more details. This modern home offers a re-finished and oversized screened-in pool 2022, with 2 completely separated screened in lanai areas, 2 master ensuites (both on level 1), one of the masters overlooking the end of the salt canal, a large private ensuite or bonus room upstairs (this room and its access could easily be a separate apartment). Large dining area and oversized fully renovated kitchen with plenty of counter space and DOUBLE ovens!! The elongated tile flooring throughout, make it very easy to maintain. Boaters' paradise! Freshly dredged dockage 12' out from seawall, 15' wide fully protected slip and an installed dock service finger, dock built of composite decking. Independent 110 power at the dock, and separate 50-amp service. Just a 20-30min. float to the mouth of the Atlantic Intracoastal Waterway. This setup will accommodate a boat 15 foot tall, 14 foot wide, up to 40 foot long, with a draft of under 4 foot. Large circular driveway for plenty of parking, and if you run out of space, no problem... There's a fenced in 48' long concrete pad for your overflow. Propane Gas on site for laundry and hot water. Insulated garage doors and finished garage floor allows for ease of use. Extra Large finished attic space with pull down pocket stairs. Come claim your slice of paradise. Approximately 2 miles east of I-95 and 3 miles east of US Highway 1. A-ranked schools, shopping and award-winning beaches just minutes from your front door. Regardless of what your needs are, this home makes it possible: Air BnB, multi-family use, vacation home, or simply your primary residence, this beauty and its unique floor plan makes it ALL possible. Why go to the beachside and combat XE flood zones, when you can benefit from the pleasure of the salt canal with an X flood designation (less homeowners insurance costs). Why pay double or triple in taxes≠ This is home, and the custom floor plan does not repeat anywhere locally. Please note this property is one of the final remaining available structures in this part of Palm Coast. Once these are gone there will be NO additional neighborhoods built on these canals. Hurry, schedule your showing and then come see why this one fits.

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 1982

Price Summary

850,000

$297 per Sq. Ft.

MLS #:

FC307610

Last Updated:

April 2, 2025, 12:08 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

2,858 Sq. Ft.


Structure

Structure

Building Area:

3,554 Sq. Ft.

Year Built:

1982


Lot

Lot Size (Sq. Ft):

15,676


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$297 per Sq. Ft.

5 Colorado Drive
MLS Logo
The information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Coldwell Banker (Hammock) is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker (Hammock), a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

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