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Active Under Contract

Active Under Contract·81 days on market

1795 Colonial Drive

Green Cove Springs, FL 32043

$749,900$235/sqftEst. $3,824/moMLS# 2140068

Beds

Baths

3,196

Sq Ft

2004

Built

Garage

Yes

Pool

About this home

Green Cove Springs

GORGEOUS!! This exceptional custom home in Magnolia Point blends timeless elegance with modern upgrades, all set against serene preserve and golf course views. Filled with natural light, the home showcases soaring ceilings and expansive living spaces designed for both refined entertaining and everyday comfort. Owner's suite located downstairs, while upstairs offers a guest suite, two bedrooms with Jack & Jill bath, and a spacious loft. Recent improvements include a 2021 roof, dual HVAC systems (2019 & 2020), and 2022 water heater. The updated kitchen features refreshed cabinetry, improved island, and flows seamlessly into main living areas with newer LVP flooring. Outdoor living is elevated with a screened pool, enhanced equipment, and a stunning new waterfall with fire feature (2025), plus pergola with electric and curated landscape lighting. 3-car garage, paver patio, owned propane tank. No CDD! Resort-style amenities included. WELCOME HOME!

Cost to own

Mortgage calculator

Home Price

$749,900

Down Payment: 20%

$149,980

Interest Rate: 6.58%

Loan Term

Monthly Payment

$3,824

Principal & Interest: $3,824

Property taxes (est.): $1,149

Insurance (est.): $500

Estimated Total Monthly

$5,473

*30-year loan at 6.58% APR (avg 30-yr rate 2026-07-23, 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

True monthly cost

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

Principal & interest20% down · 6.58% · 30yr$3,824

Property taxesest. at asking price, Clay County$1,149

HOAbilled quarterly$168

Estimated total, before insurance$5,141/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$7,427/yr · $619/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).

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$532,253	$393,559	—
2024	$525,292	$381,760	▲ $9,571
2023	$518,303	$369,185	—
2022	$463,592	$356,976	—
2021	$370,340	$227,948	—
2020	$355,193	$224,035	—

2025 property taxes (current owner): $7,427/yr

Estimated taxes if purchased at asking price: ~$13,800/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 792 current Clay 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 X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

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

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — 2021 per the listing

A recent roof is the single biggest lever on Florida homeowners-insurance pricing.

Sewer (public record) · Public water (record)

County records show this parcel on central sewer — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,578 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

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History

Price & status history

Jul 12, 2026Active Under Contract$749,900
May 6, 2026Listed$749,900

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

Features

Price$749,900

Price / Sq Ft$235

Bedrooms4

Bathrooms3.50

Full Baths3

Half Baths1

Square Footage3,196

Acres0.53 acres

Year Built2004

TypeResidential

Sub-TypeSingle Family Residence

StyleTraditional

Property ConditionUpdated/Remodeled

StatusActive Under Contract

# of Garages3

Has PoolYes

Pool FeaturesIn Ground, Screen Enclosure, Waterfall

Is WaterfrontNo

Direction FacesNortheast

School Information

ElementaryPaterson

MiddleGreen Cove Springs

HighClay

Community Information

Address1795 Colonial Drive, Green Cove Springs, FL 32043

Area161-Green Cove Springs

SubdivisionMagnolia Point

CityGreen Cove Springs

CountyClay

StateFL

Zip Code32043

Lot Size23,086.8 sq ft

Parcel Number09062601523102121

Amenities

AmenitiesPool, Clubhouse, Fitness Center, Golf Course, Pickleball, Security, Tennis Court(s)

UtilitiesCable Connected, Electricity Connected, Sewer Connected, Water Connected, Propane

SewerPublic Sewer

Water SourcePublic

ParkingAttached, Garage, Garage Door Opener

ViewGolf Course, Pool, Trees/Woods

Interior

Interior FeaturesBreakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer

HeatingCentral

CoolingCentral Air

FlooringCarpet, Tile, Vinyl

FireplaceYes

# of Fireplaces1

Fireplace FeaturesGas

# of Stories2

LevelsTwo

LaundryElectric Dryer Hookup, Lower Level, Sink, Washer Hookup

SecurityGated with Guard, Security Lights, Smoke Detector(s)