The year-long short sale approval is finally complete! Even though this was listed at $400k and then $350k on the MLS, the lender would not approve a sale below $450k. But after many rounds of negotiations, we have finally made it happen. 

This is the best-priced pool home over 3000 sq/ft in this community for the last 6+ years!

Nestled in one of Palm Coast’s most beautiful and highly sought-after neighborhoods, the Cypress Knoll golfing community, this property presents an incredible high-end flip opportunity. Built in 2006, the home retains its original features and is in overall good condition, offering a solid foundation for renovation. The roof and both A/C units will need replacement, and the overgrown pool and hot tub area require extra attention to restore their full potential. 

If you look at our comps, you'll see we've stay conservative on our ARV;

91 Ethan Allen- Sold for 635k, is 880 sq/ft smaller, and sold in 8 days. 

37 Edmond Pl- Sold for 625k, is semi updated and is 557 sq/ft smaller. 

13 Edward Dr- Sold for 600k and is 1,227 sq/ft smaller. 

We've also priced our ARV below the active comps in the community;

26 Ethel Ln- 795k, 509 sq/ft smaller, 2006 build

1 Edgely Pl- 659k, 482 sq/ft smaller, No pool, 2008 build

4 Evans Dr-795k, 426 sq/ft bigger, 2018 build, not on golf course

This is a slam dunk flip! As one of the larger homes in the area, this property stands out in a market where smaller pool homes are consistently selling for over $600,000. While we've maintained a conservative ARV estimate, strategic upgrades with high-end materials could easily push the value beyond $700,000. 

Homes of this size and price point rarely become available in this desirable community, making this a prime investment opportunity with exceptional profit potential. Call your EquityPro Advisor for more details.