$850,000

5 Colorado Dr Palm Coast, FL 32137

$10,000
Closing credit¹
5 beds
5 full
2,858 sqft
0.4 acres
$297 / sqft
House

Property details

About 5 Colorado Dr

SALT WATERFRONT - POOL - FULLY FURNISHED - SPLIT FLOOR PLAN - / 1 YEAR WARRANTY - / NO CDD or HOA/ MULTIPLE PRIVATE ENTRANCES…This hidden piece of paradise boasts views not expected until you open the front door. This gem is properly positioned on nearly a 16000 square foot CORNER LOT within the very desired Palm Harbor boating community and located at the very end of a Saltwater canal. This Pool home features a new roof in Dec. 2020, Modernized and updated in 2022, and is fully LOADED, to include 5inch baseboards, and crown molding. This beauty includes new electric panels and “Solar Power” as of 2023, kiss your usual FPL bill goodbye. Over 40 feet of saltwater canal frontage and endless sunsets await you at this one-of-a-kind, fully custom, Ol’ Florida Ranch Style Home, with a coastal appeal. Why wait for the inconsistency and stressors of a new build? This home WARRANTY covers ALL major appliances, effective for 1 year from closing. Lush and well-manicured, mature lawn and landscape… No more looking across the waterway at your neighbor… Bottomless waterfront views from all north facing interior areas. Did I mention an optional expandable back yard buildable and with an additional 70 foot of frontage?? Be sure to ask your real estate professional for more details. This modern home offers a re-finished and oversized screened-in pool 2022, with 2 completely separated screened in lanai areas, 2 master ensuites (both on level 1), one of the masters overlooking the end of the salt canal, a large private ensuite or bonus room upstairs (this room and its access could easily be a separate apartment). Large dining area and oversized fully renovated kitchen with plenty of counter space and DOUBLE ovens!! The elongated tile flooring throughout, make it very easy to maintain. Boaters’ paradise! Freshly dredged dockage 12’ out from seawall, 15’ wide fully protected slip and an installed dock service finger, dock built of composite decking. Independent 110 power at the dock, and separate 50-amp service. Just a 20-30min. float to the mouth of the Atlantic Intracoastal Waterway. This setup will accommodate a boat 15 foot tall, 14 foot wide, up to 40 foot long, with a draft of under 4 foot. Large circular driveway for plenty of parking, and if you run out of space, no problem... There’s a fenced in 48’ long concrete pad for your overflow. Propane Gas on site for laundry and hot water. Insulated garage doors and finished garage floor allows for ease of use. Extra Large finished attic space with pull down pocket stairs. Come claim your slice of paradise. Approximately 2 miles east of I-95 and 3 miles east of US Highway 1. A-ranked schools, shopping and award-winning beaches just minutes from your front door. Regardless of what your needs are, this home makes it possible: Air BnB, multi-family use, vacation home, or simply your primary residence, this beauty and its unique floor plan makes it ALL possible. Why go to the beachside and combat XE flood zones, when you can benefit from the pleasure of the salt canal with an X flood designation (less homeowners insurance costs). Why pay double or triple in taxes? This is home, and the custom floor plan does not repeat anywhere locally. Please note this property is one of the final remaining available structures in this part of Palm Coast. Once these are gone there will be NO additional neighborhoods built on these canals. Hurry, schedule your showing and then come see why this one fits.

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size2,858 sqft
Lot size0.36 Acres
Year built1982
ParkingBath In Garage, Circular Driveway
MLS #FC307610
Attached garage2 spaces
WaterfrontCanal
ViewWater
Private poolYes

Virtual tour

Summary

  • Full Bathrooms: 5
  • Appliances: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Bath In Garage, Circular Driveway
  • Waterfront: Canal
  • View: Water
  • Exterior: Private Mailbox, Rain Gutters
  • Heating: Electric
  • Cooling: Central Air
  • List Price: $850,000
  • Price/SqFt: $297
  • Lot: Corner Lot, Oversized Lot
  • Directions: I-95 to exit 293, turn east onto Matanzas Woods Parkway. Turn left onto Colorado Dr. 1st "BIG HOUSE ON THE LEFT CORNER!!
  • Year Built: 1982
  • Living Area: 2,858 SqFt
  • Lot Size: 0.36 Acres
  • MLS Number: FC307610
  • MLS Name: MFRMLS
  • Office Name: COLDWELL BANKER (HAMMOCK)
  • Office Phone: (386) 445-5880
  • Listing Agent: Otis Gilyard

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single story home featuring solar panels, a front yard, a lanai, and driveway

$850,000

5 Colorado Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Belle Terre Elementary School

Public District PK-5

2.4 mi

5545 Belle Terre Pkwy

6

Wadsworth Elementary School

Public District PK-5

4.2 mi

4550 Belle Terre Pkwy

6

Rymfire Elementary School

Public District PK-5

6.6 mi

1425 Rymfire Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,181. The majority of Palm Coast, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

24%
<35k
62%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

31%
Single, No Kids
9%
Single, with Kids
45%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
40%
35-64 yrs old
27%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • MotocrossMotocross

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 Colorado Dr

The listing price of 5 Colorado Dr property is $850,000.

The property 5 Colorado Dr is a house located in Palm Coast, Florida, 32137.

Active Listing: 5 Colorado Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5 Colorado Dr are: Belle Terre Elementary School (GreatSchools Rating 5/10), Wadsworth Elementary School (GreatSchools Rating 6/10), Rymfire Elementary School (GreatSchools Rating 6/10), Indian Trails Middle School (GreatSchools Rating 6/10), Buddy Taylor Middle School (GreatSchools Rating 4/10), Imagine School at Town Center (GreatSchools Rating 5/10), Matanzas High School (GreatSchools Rating 6/10), Flagler Palm Coast High School (GreatSchools Rating 5/10), Pedro Menendez High School (GreatSchools Rating 5/10).

The property at 5 Colorado Dr has 5 bedrooms and 5 bathrooms.

The property 5 Colorado Dr is 2,858 SqFt (source: MLS/tax record).

The year of construction for 5 Colorado Dr is 1982.

This home is located at 5 Colorado Dr in Palm Coast, FL and zip code 32137 in the Country Club Cove Palm Coast neighborhood. This 2,858 square foot home, which was built in 1982, sits on a 0.36 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $850,000.

In April 2025, from all listings sold in Palm Coast, FL there were more than 14 sold above asking price, over 236 sold below and more than 56 were sold right at the asked price. The number of homes for sale in Palm Coast, FL increased by 3.6% between March and April 2025. In April 2025 median list price was $359,424 and the average listing age was 100 days.

From Rocket Homes Real Estate and based on county public records data.

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