This home is in St. Augustine — a waterfront home in St. Johns County.
Pending·75 days on market
523 Hedgewood Drive
St. Augustine, FL 32092
About this home
St. Augustine
Welcome to luxury waterfront living in the highly sought-after King & Bear community of World Golf Village! This beautifully designed St. Johns townhome offers the perfect blend of comfort, flexibility, and resort-style amenities. Tucked inside a gated community, the home features a private gated courtyard ideal for relaxing or entertaining. A rare detached ADU with full bath and kitchenette creates endless possibilities for multigenerational living, guest accommodations, home office space, or income-producing potential with a 6-month minimum rental restriction. Inside, you'll find granite countertops, spacious living areas, and large windows showcasing stunning lake views from the kitchen, dining room, multiple bedrooms, and back patio. The primary bedroom is conveniently located on the first floor and features beautiful water views, a soaking tub, separate shower, and walk-in closet. The laundry room with washer and dryer is also located on the main floor for added convenience.
Cost to own
Mortgage calculator
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $329,348 | $329,348 | — |
| 2024 | $327,537 | $310,837 | — |
| 2023 | $304,781 | $282,579 | — |
| 2022 | $256,890 | $256,890 | — |
| 2021 | $228,466 | $228,466 | — |
| 2020 | $222,729 | $222,729 | — |
Estimated taxes if purchased at asking price: ~$6,200/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.
Features
Community Information
Amenities
Interior
Additional Information
Listing Courtesy of: PONTE VEDRA CLUB REALTY, INC.
Information deemed reliable but not guaranteed. Data provided by realMLS (Northeast Florida MLS).
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Krista Fracke
Broker Associate
Interested in this home? I know this area inside and out — let's talk about whether it's the right fit for you.
Text Krista about this home20+ years · 500+ closings · NE Florida
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Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines