This home is in Lakewood Pointe, St. Augustine — a gated community home in St. Johns County.
Active·90 days on market·Lakewood Pointe
261 Lost Lake Drive
St. Augustine, FL 32086
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About this home
Lakewood Pointe
Location! Location! Location! just 2.5 miles from the beach--this Lakewood Pointe home checks all the boxes! Built in 2017, this beautifully appointed 2,376 sq. ft. home offers 4 bedrooms, 3 baths, and an open floor plan with wood-look tile, crown molding, custom blinds, and tranquil preserve views. The gourmet kitchen features quartz countertops, tile backsplash, upgraded cabinetry, stainless appliances, double ovens, an icemaker, large island, and walk-in pantry. The owner's suite offers tray ceilings, preserve views, a walk-in closet, dual vanities, garden tub, and separate tiled shower. Enjoy peaceful mornings and relaxing evenings on the covered screened lanai overlooking the preserve. Located in a gated community with a low HOA and no CDD fees, and convenient to beaches, shopping, dining, historic St. Augustine, and highly rated St. Johns County schools. Seller is now offering $5000 in buyer's concessions with an acceptable offer.
Next steps in Lakewood Pointe
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 (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
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.
Hurricane evacuation zone C
Zone C evacuates after zones A, B in an approaching storm.
Roof: Shingle — year not disclosed (home built 2017)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Sewer records conflict — verify
The MLS lists “Public Sewer”, while Florida DOH records suggest an onsite septic system. Don’t rely on either — confirm the actual system, and if septic is possible, budget an inspection, before you offer. County records indicate a private well — a water-quality test is a standard (and cheap) pre-closing step.
Sources: MLS listing + Florida DOH Water Management Inventory (public record).
Solar potential: ~1,659 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 homeAs 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.
Cost to own
Taxes & assessment
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2024 | $495,084 | $285,772 | — |
| 2023 | $494,071 | $275,992 | — |
| 2022 | $456,806 | $266,497 | — |
| 2021 | $337,775 | $257,279 | — |
| 2020 | $303,036 | $253,036 | — |
2025 property taxes (current owner): $4,466/yr
Estimated taxes if purchased at asking price: ~$8,900/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 (2024), NEFMLS.
History
Price & status history
- Oct 2, 2026Price change$560,000−$5,000
- Sep 24, 2026Price change$565,000−$5,000
- Sep 15, 2026Price change$570,000−$5,000
- Aug 20, 2026Price change$575,000−$5,000
- Aug 12, 2026Price change$580,000−$5,000
- Jul 30, 2026Price change$585,000−$5,000
- Jul 22, 2026Price change$590,000−$5,000
- Jul 14, 2026Price change$595,000−$10,000
- Jul 10, 2026Active$605,000
- Jul 8, 2026Listed$605,000
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: DAVIDSON REALTY, INC.
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 Lakewood Pointe
Lakewood Pointe is a neighborhood in Southern St. Johns County, FL (St. Johns County), ZIP 32086.
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Krista Fracke
Broker Associate
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Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines
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