This home is in Fernandina Beach.

1 / 60

Active

Active·48 days on market

52 Wallan Court

Fernandina Beach, FL 32034

$4,900,000$1044/sqftEst. $24,906/moMLS# 2148134

Beds

Baths

4,693

Sq Ft

2024

Built

Garage

Yes

Pool

About this home

Fernandina Beach

One-of-a-kind contemporary coastal custom home on Crane Island, thoughtfully designed by the acclaimed team at Lake & Land Studio. Offering over 4,600 square feet under air with 5 bedrooms and 4.5 baths, this exceptional residence blends luxury craftsmanship with modern coastal elegance. Enjoy more than 1,500 square feet of porches, a heated/cooled lanai, and a saltwater pool for year-round indoor-outdoor living. Premium finishes include Pella Reserve Line windows and doors, Italian tile baths, House of Rohl fixtures, custom hardware, and Lutron lighting and shade controls. The three-bay garage features a carriage house and vehicle lift. Situated on a prime corner homesite in Alice Park with park and Intracoastal views, private boat lift access, and close proximity to Crane Island's River House.

Cost to own

Mortgage calculator

Home Price

$4,900,000

Down Payment: 20%

$980,000

Interest Rate: 6.55%

Loan Term

Monthly Payment

$24,906

Principal & Interest: $24,906

Est. Taxes & Insurance: $6,227

Estimated Total Monthly

$31,133

*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 · 6.55% · 30yr$24,906

Property taxesest. at asking price, Nassau County$6,765

HOAbilled monthly$672

Estimated total, before insurance$32,343/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: $550,000 in January 2022(county public record, not MLS data)

Year	Market value	Taxable value	Change
2025	$3,204,975	$3,011,810	—
2024	$500,000	$500,000	—
2023	$500,000	$500,000	—
2022	$425,000	$425,000	—
2021	$425,000	$425,000	—
2020	$425,000	$425,000	—

2025 property taxes (current owner): $54,439/yr

Estimated taxes if purchased at asking price: ~$81,200/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 435 current Nassau 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 2024)

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

Solar potential: ~1,785 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