This property stands out in the Palm Coast market for its unique waterfront location, 3,423 sqft size, and luxury features such as a boathouse, pool, and guest suite. At $260/sqft, it's priced above the area's average ($198–$251/sqft), but in line with recent high-end comps that closed between $242–$338/sqft. Market inventory is high and average days on market are 82–139, indicating buyers have options and sales can take time. Still, four-bedroom homes have seen a 6.6% price increase year over year, supporting premium pricing for well-appointed properties.[1][3][4]
To optimize sales potential, target buyers seeking luxury waterfront living and highlight unique amenities in marketing. Consider minor updates to elevate curb appeal and modernize finishes. Pricing just below recent premium comps (e.g., $1.1M–$1.2M) can spark interest while allowing room for negotiation. Expect a time-to-close of 53–139 days and adjust pricing if activity remains low after 45 days.