This home is in Palencia, St. Augustine.

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Active Under Contract

Active Under Contract·56 days on market·Palencia

647 Santa Teresa Court

St. Augustine, FL 32095

$2,895,000$579/sqftEst. $15,408/moMLS# 2146249

Beds

Baths

4,997

Sq Ft

2022

Built

Garage

Yes

Pool

About this home

Palencia

Welcome to luxury waterfront living in the prestigious gated community of Palencia. Positioned on a nearly one-acre quiet, secluded cul-de-sac, this custom home offers breathtaking, serene Intracoastal views through expansive windows and rear-spanning sliders. Inside, soaring smooth ceilings, crown molding, and wood accents set a sophisticated tone. The estate features private baths, custom closets, and spa-like rain showers. A modern home office offers a quiet workspace. The chef's kitchen boasts double ovens, pot filler, and a hidden walk-in pantry with second fridge. Thoughtful touches include a pet room, dedicated fitness/game rooms, and a whole-home generator. Car enthusiasts will love the 6-car courtyard entry garage. The outdoor oasis features a screen-enclosed heated pool/spa, summer kitchen, fire pit, outdoor speakers, and expansive covered lanai. Enjoy Palencia's golf, tennis, and trails near historic St. Augustine and the beaches. Start living the Palencia lifestyle today!

Cost to own

Mortgage calculator

Home Price

$2,895,000

Down Payment: 20%

$579,000

Interest Rate: 6.49%

Loan Term

Monthly Payment

$14,623

Principal & Interest: $14,623

Est. Taxes & Insurance: $3,656

Estimated Total Monthly

$18,279

*Estimates based on 30-year loan at 6.49% APR (avg 30-yr rate 2026-07-09, 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$15,408

Property taxesest. at asking price, St. Johns County$3,852

HOAbilled annually$10

Estimated total, before insurance$19,271/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

Year	Market value	Taxable value	Change
2025	$1,753,497	$1,237,326	—
2024	$1,725,309	$1,201,747	—
2023	$1,578,606	$1,165,288	—
2022	$308,000	$308,000	—
2021	$225,000	$159,441	—
2020	$170,000	$144,946	—

2025 property taxes (current owner): $21,206/yr

Estimated taxes if purchased at asking price: ~$46,200/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: material not specified — year not disclosed (home built 2022)

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

Solar potential: ~1,753 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

May 20, 2026Listed$2,895,000

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

Features

Price$2,895,000

Price / Sq Ft$579

Bedrooms6

Bathrooms5.00

Full Baths4

Half Baths2

Square Footage4,997

Acres0.70 acres

Year Built2022

TypeResidential

Sub-TypeSingle Family Residence

StyleMulti Generational, Traditional

StatusActive Under Contract

# of Garages6

Has PoolYes

Pool FeaturesIn Ground, Fenced, Heated, Salt Water, Screen Enclosure

Is WaterfrontYes

Gated CommunityYes

School Information

ElementaryPalencia

MiddlePacetti Bay

HighAllen D. Nease

Community Information

Address647 Santa Teresa Court, St. Augustine, FL 32095

Area312-Palencia Area

SubdivisionPalencia

CitySt. Augustine

CountySt. Johns

StateFL

Zip Code32095

Lot Size30,622.68 sq ft

Lot Dimensions137x236x122x238

Parcel Number0720980140

Amenities

AmenitiesPool, Basketball Court, Clubhouse, Dog Park, Fitness Center, Gated, Golf Course, Jogging Path, Park, Pickleball, Playground, Tennis Court(s), Water

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

SewerPublic Sewer

Water SourcePublic

ParkingAdditional Parking, Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener

ViewIntracoastal

Waterfront TypeIntracoastal, Marsh

Interior

Interior FeaturesButler Pantry, Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesDishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer

HeatingCentral

CoolingCentral Air, Multi Units

FireplaceYes

# of Fireplaces1

Fireplace FeaturesGas

# of Stories2

LevelsMulti/Split, Two

LaundryLower Level, Sink

SecuritySecurity Gate

Spa FeaturesIn Ground, Heated, Private