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For sale
  • $1,499,000

    550 CINNAMON BEACH LANE, PALM COAST, FL 32137

    4beds
    3,297sqft
    : 
    $10,054/mo
    Get pre-qualified
    Single Family Residence
    Built in 2012
    6,882 Square Feet Lot
    $1,402,500 Zestimate®
    $455/sqft
    $542/mo HOA

    What's special

    Perfectly positioned just steps from the Atlantic Ocean within the exclusive gated community of Cinnamon Beach, this impeccably maintained coastal retreat offers the ideal blend of luxury, comfort, and investment potential. Nestled on a quiet cul-de-sac, this exceptional residence features 4 bedrooms, 3.5 bathrooms, and 3,297 square feet of thoughtfully designed living space. Fully furnished and completely turnkey, it is equally suited as a primary residence, second home, or income-producing vacation rental. Designed for effortless entertaining, the open-concept floor plan is filled with natural light and showcases soaring ceilings, custom wood tray ceilings, expansive living areas, wood-look tile flooring, and a dramatic floor-to-ceiling stone fireplace. The chef's kitchen is beautifully appointed with a Thermador gas cooktop, Bosch and KitchenAid stainless steel appliances, custom cabinetry, granite countertops, an oversized island with seating, and abundant storage. The spacious primary suite serves as a private retreat featuring a spa-inspired bath, custom walk-in closet system with a secure owner's cabinet, and an adjoining flex room ideal for a home office, fitness area, nursery, or hobby space. Custom built-ins throughout the home provide exceptional organization and functionality. The lower-level game room offers additional living space complete with a regulation-size air hockey table, retro arcade gaming machines, a full-size refrigerator, and direct access to the outdoor living area. Step outside to your own private oasis where the screened heated pool and spa overlook a tranquil lake, creating the perfect setting to relax and entertain year-round. The covered lanai features a fully equipped summer kitchen, while the expansive upper balcony provides a peaceful place to enjoy the water views and coastal breezes. Additional premium features include electric roller shades, plantation shutters throughout, newly installed exterior pathway and lanai lighting, a custom security camera system, a pre-installed Tesla EV charger, an oversized lockable storage room off the garage complete with a Liberty safe, an oversized paver driveway, and meticulous maintenance throughout. Offering luxury finishes, enhanced privacy, exceptional amenities, and an unbeatable beachside location, this remarkable Cinnamon Beach residence delivers the very best of Florida coastal living.
    16 days
    |
    599
    |
    35
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Krista Libby 612-298-4040,

    COASTAL GATEWAY REAL ESTATE GR 888-977-1588,

    Richard Hottinger 386-503-0509,

    COASTAL GATEWAY REAL ESTATE GR

    Source: Stellar MLS,MLS#: FC319923MLS LogoOriginating MLS: Flagler

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Built-In Shelving, Ceiling Fan(s), Walk-In Closet(s)
      • Level: Second
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      Bathroom 2
      • Level: Second
      Bathroom 3
      • Level: First
      Dining room
      • Level: Second
      Family room
      • Level: Second
      Kitchen
      • Level: Second
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Oven, Cooktop, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: Outdoor Kitchen, Outdoor Shower
      • Has fireplace: Yes
      • Fireplace features: Electric
      • Furnished: Yes
      Interior area
      • Total structure area: 4,706
      • Total interior livable area: 3,297 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony, Lighting, Outdoor Kitchen, Outdoor Shower, Private Entrance
      • Has private pool: Yes
      • Pool features: Heated, In Ground
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Privileges
      Lot
      • Size: 6,882 Square Feet
      • Dimensions: 138 x 52
      Details
      • Parcel number: 0411313512000100740
      • Zoning: PUD
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Block, Slab
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 2012

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Gated Community - Guard, Golf Carts OK
      • Security: Closed Circuit Camera(s)
      • Pet fee: $0 monthly
      • Subdivision: OCEAN HAMMOCK
      HOA
      • Has HOA: Yes
      • Services included: 24-Hour Guard
      • HOA fee: $542 monthly
      • HOA name: Victoria Scalia
      • HOA phone: 386-446-0085
      • Second HOA name: May Management
      Location
      • Region: Palm Coast

      Financial & listing details

      • Price per square foot: $455/sqft
      • Tax assessed value: $1,308,715
      • Annual tax amount: $16,274
      • Date on market: 8/1/2026
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $1,402,500

        $1.33M - $1.47M

        $4,778/mo

        Price history

        DateEventPrice
        8/1/2026Listed for sale$1,499,000+99.9%$455/sqft
        Source: Stellar MLS #FC319923 Report a problem
        8/28/2020Sold$750,000-6.1%$227/sqft
        Source: realMLS #1056327 Report a problem
        3/25/2020Listed for sale$799,000+399.4%$242/sqft
        Source: Hammock Real Estate Group #256151 Report a problem
        8/15/2011Sold$160,000$49/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$15,948 +7%$956,733 +10%
        2023$14,904 +22.1%$869,757 +10%
        2022$12,204 +11.2%$790,688 +10%
        2021$10,977 +3.5%$718,807 +5.2%
        2020$10,606 -0.9%$683,392 +0.6%
        2019$10,700 +6.5%$679,638 +9.3%
        2018$10,043 +2.8%$621,744 +3.8%
        2017$9,765 $598,722 +5.6%
        2016$9,765 +3.1%$567,167 +10%
        2015$9,474 +2%$515,606 -10%
        2014$9,292 $572,827 +34.9%
        2013-- $424,690 +489.8%
        2012-- $72,000 -10%
        2011-- $80,000 -40.7%
        2010-- $135,000 -40%
        2009-- $225,000 -30.8%
        2008-- $325,000 -11%
        2007-- $365,000
        2006-- $365,000 +9.9%
        2005-- $332,000 +35%
        2004-- $246,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32137

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Matanzas High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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