This home is in Madeira, St. Augustine.

1 / 63

Active

Active·146 days on market·Madeira

203 Tesoro Terrace

St. Augustine, FL 32095

$1,024,999$347/sqftEst. $5,455/moMLS# 2131100

Beds

Baths

2,951

Sq Ft

2024

Built

Garage

Yes

Pool

About this home

Madeira

Everyone else is waiting on the builder. This one's already done. Built in 2024 and barely lived in, 203 Tesoro Terrace sits on a 70-foot lakefront homesite inside the gated Estate Section of the Marshes of Madeira -- with nearly $80,000 in upgrades already in and the price recently improved. No build time. No decisions. No surprises. Just move in and start living. Main living is all on one level. Engineered hardwood floors, 10-foot ceilings, 8-foot doors, and 12-foot sliders that open straight to the water. The kitchen is built for the way you actually cook and entertain -- white shaker cabinets, black island, white quartz, large six-burner gas cooktop, Electrolux double wall oven, and a fully outfitted prep kitchen with its own quartz counters and mosaic hex backsplash right alongside it. Out back, it's resort-style living every single day. East-facing heated saltwater pool with water features and sunrise views every morning.

Cost to own

Mortgage calculator

Home Price

$1,024,999

Down Payment: 20%

$205,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$5,210

Principal & Interest: $5,210

Est. Taxes & Insurance: $1,302

Estimated Total Monthly

$6,512

*Estimates based on 30-year loan at 6.55% APR (avg 30-yr rate 2026-07-16, Freddie Mac PMMS via FRED). Actual payments may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.0% · 30yr$5,455

Property taxesest. at asking price, St. Johns County$1,364

HOAbilled quarterly$142

Estimated total, before insurance$6,961/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, SilverLeaf, eTown…), bond assessments are collected on the property-tax bill — the tax estimate above reflects county averages, so confirm this home’s exact CDD with us.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Last sold: $981,500 in May 2023(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$871,355	$820,633	—
2024	$250,000	$250,000	—
2023	$135,000	$135,000	—

2025 property taxes (current owner): $15,561/yr

Estimated taxes if purchased at asking price: ~$16,400/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone AE — high-risk flood zone (Special Flood Hazard Area)

Lenders require flood insurance for financed purchases here.

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Hurricane evacuation zone A

Zone A evacuates first in a storm — typically coastal and surge-prone areas.

Roof: Shingle — year not disclosed (home built 2024)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~1,723 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

Informational only, based on FEMA National Flood Hazard Layer and Florida Division of Emergency Management data at this property’s coordinates. Zones change with map revisions — verify the parcel at msc.fema.gov and floridadisaster.org/knowyourzone before relying on this.

History

Price & status history

Feb 20, 2026Listed$1,024,999

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$1,024,999

Price / Sq Ft$347

Bedrooms4

Bathrooms3.50

Full Baths3

Half Baths1

Square Footage2,951

Total Structure Area3,979 sq ft

Acres0.39 acres

Year Built2024

TypeResidential

Sub-TypeSingle Family Residence

StyleTraditional

StatusActive

# of Garages3

Has PoolYes

Pool FeaturesIn Ground, Heated, Salt Water

Is WaterfrontYes

Gated CommunityYes

Direction FacesSouth

School Information

ElementaryKetterlinus

MiddleSebastian

HighSt. Augustine

Community Information

Address203 Tesoro Terrace, St. Augustine, FL 32095

Area313-Whitecastle/Airport Area

SubdivisionMadeira

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32095

Lot Size16,988.4 sq ft

Parcel Number0734330490

ZoningSingle Family

Amenities

AmenitiesPool, Clubhouse, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Park

UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingGarage, Garage Door Opener

ViewIntracoastal, Lake, Pool, Water

Waterfront TypePond

Interior

Interior FeaturesBreakfast Bar, Breakfast Nook, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Smart Home, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)

AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Water Softener Owned

HeatingCentral

CoolingCentral Air

FlooringCarpet, Tile, Vinyl

FireplaceYes

# of Fireplaces1

Fireplace FeaturesElectric, Free Standing

# of Stories1

LevelsOne

LaundryIn Unit, Lower Level

SecurityCarbon Monoxide Detector(s), Security Gate, Smoke Detector(s)