The year-long short sale approval is finally complete. Even though this was listed at $400,000 and then $350,000 on the MLS, the lender would not approve a sale below $450,000. But after many rounds of negotiations, we have finally made it happen. 

This is the best-priced pool home over 3000 square feet in this community in over six 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 stayed conservative on our ARV.

91 Ethan Allen: Sold for $635k, is 880 sf smaller, and sold in 8 days. 

37 Edmond Pl: Sold for $625k, is semi-updated, and is 557 sf smaller. 

13 Edward Dr: Sold for $600k, and is 1,227 sf smaller. 

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

26 Ethel Ln: $795k, 509 sf smaller, 2006 build.

1 Edgely Pl: $659k, 482 sf smaller, no pool, 2008 build.

4 Evans Dr: $795k, 426 sf larger, 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.