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Work directly with Krista on any home hereBroker Associate · 20+ years · 500+ closingsChristie's International Real Estate First Coast

This home is in Fairfield, Ponte Vedra Beach — a waterfront home in Ponte Vedra Beach.

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Sold

Sold·Closed Jun 1, 2026·9 days on market·Recent sales in Fairfield·Fairfield

111 Island Drive

Ponte Vedra Beach, FL 32082

$960,000sold priceListed at $969,900 · 99% of asking$502/sqftMLS# 2139673
3
Beds
2.5
Baths
1,911
Sq Ft
1987
Built
2
Garage
No
Pool

9 more homes for sale in Fairfield →Search Fairfield on the map

HOA $182/mo11,761 sqft lotWaterfrontSingle Family Residence2 stories

About this home

Fairfield

Experience lakefront living at its finest in this completely renovated, one-of-a-kind 3 bedroom, 2.5 bath home with flex/office space, nestled on large, lush peninsula lot in the gated community of Fairfield. From the moment you walk in, soaring ceilings, wide-open spaces, and abundant natural light create a warm, modern atmosphere perfect for both entertaining and everyday living. The chef-inspired kitchen is a showstopper--professional stainless steel appliances, built-in refrigerator and freezer towers and a massive center island make hosting family and friends effortless. Panoramic lake views set the scene for every gathering, both inside and out.

Cost to own

True monthly cost

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

Principal & interest20% down · 7.4% · 30yr$5,317
Property taxesest. at asking price, St. Johns County$1,277
HOAbilled quarterly$182
Estimated total, before insurance$6,777/mo
Seller’s 2025 tax billper the MLS — includes any CDD / assessments$8,897/yr · $741/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, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • 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 (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$960,000
$192,000
Loan Term
Monthly Payment
$5,317
Principal & Interest: $5,317
Property taxes (est.): $1,277
Insurance (est.): $640
Estimated Total Monthly
$7,235
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-08, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

Taxes & assessment

Last sold: $895,000 in June 2024(county public record, not MLS data)

YearMarket valueTaxable valueChange
2025$674,526$623,804—
2024$556,072$246,339▲ $38,324
2023$450,494$237,708—
2022$443,847$229,328—
2021$310,160$221,192—
2020$316,008$217,448—

2025 property taxes (current owner): $8,897/yr

Estimated taxes if purchased at asking price: ~$15,300/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.

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $386/sq ft; this home is listed at $508/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
127 Glen Cove Place, Ponte Vedra Beach, FL 32082Listed by WATSON REALTY CORPAug 2026$855,000$3784/32,259340.3
100 Vedra Landing Court, Ponte Vedra Beach, FL 32082Listed by MARSH LANDING REALTYJul 2026$759,500$3863/21,96980.3
148 Willow Pond Lane, Ponte Vedra Beach, FL 32082Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTYJun 2026$450,000$2543/21,770100.3
7 Walkers Ridge Drive, Ponte Vedra Beach, FL 32082Listed by KEARNEY REAL ESTATE SERVICES,Jul 2026$670,000$3653/21,8381040.4
42 Village Walk Drive, Ponte Vedra Beach, FL 32082Listed by ONE SOTHEBY'S INTERNATIONAL REALTYSep 2026$1,000,000$4613/22,16760.5
113 Osprey Ridge Way, Ponte Vedra Beach, FL 32082Listed by UNITED REAL ESTATE GALLERYSep 2026$875,000$4214/22,079650.5

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.

Features

Price$969,900
Price / Sq Ft$508
Bedrooms3
Bathrooms2.50
Full Baths2
Half Baths1
Square Footage1,911
Acres0.27 acres
Year Built1987
TypeResidential
Sub-TypeSingle Family Residence
StatusClosed
# of Garages2
Has PoolNo
Is WaterfrontYes
Gated CommunityYes

Community Information

Address111 Island Drive, Ponte Vedra Beach, FL 32082
Area263-Ponte Vedra Beach-W Of A1A-S Of CR-210
SubdivisionFairfield
CityPonte Vedra Beach
CountySt. Johns
StateFL
Zip Code32082
Lot Size11,761.2 sq ft
Parcel Number0662110060

Amenities

AmenitiesPool, Basketball Court, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Pickleball, Playground, RV/Boat Storage
UtilitiesCable Available, Electricity Connected, Water Connected
Water SourcePublic
ParkingGarage
Waterfront TypeLake Front

Interior

Interior FeaturesBuilt-in Features, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Open Floorplan, Smart Home, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
AppliancesDishwasher, Electric Cooktop, Electric Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator, Tankless Water Heater, Water Softener Owned
HeatingCentral
CoolingCentral Air
FlooringTile, Wood
FireplaceYes
# of Fireplaces1
# of Stories2

Additional Information

Date ListedApril 12, 2026
Days on Market9
HOA Fees$545 / Quarterly
HOA FrequencyQuarterly
Tax Amount$8,897.1
Tax Year2025
Listing TermsCash, Conventional, FHA, VA Loan
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: COMPASS FLORIDA LLC

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

The neighborhood

About Fairfield

Fairfield is a neighborhood in Ponte Vedra Beach, FL (St. Johns County), ZIP 32082.

View all Fairfield homes for sale →

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Jun 1, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.

Text Krista about this saleHomes for sale nearby →

20+ years · 500+ closings · NE Florida

Curious what nearby homes sold for?

MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.

Marsh boardwalk at golden hour in Ponte Vedra Beach, Florida

Northeast Florida living

Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines