Listing Details for MLS #FC319316
501 Granada Drive, Palm Coast, Fl

Residential Property - Single Family Residence in Palm Coast

Listing Price: $4,700,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Located behind the exclusive North Gate of Hammock Dunes, this exceptional Mediterranean estate occupies one of the community's most coveted peninsula homesites. Perfectly positioned to capture panoramic views of the Atlantic Ocean, tranquil lake, championship golf course, and the ever-changing beauty of both sunrise and sunset, the residence spans more than 6,000 square feet across three beautifully crafted levels, blending timeless Mediterranean architecture with exceptional craftsmanship and relaxed coastal elegance. Designed for both everyday living and gracious entertaining, the home offers generous living areas, a gracious formal dining room, chef's kitchen, spacious great room, private executive office, tiered home theater, oversized elevator, an inviting family room with a wet bar and dual wine refrigeration, well-appointed guest accommodations, and an oversized three-car garage. Authentic Venetian plaster walls, quarter-sawn Bubinga (African Rosewood) flooring, imported Italian stone, custom millwork, solid bronze architectural railings, and soaring ceilings reflect an unwavering commitment to quality and craftsmanship. The private owner's retreat overlooks the infinity-edge pool, tranquil lake, protected marsh, and the rolling fairways of the Tom Fazio Links Course, creating a peaceful sanctuary. The spa-inspired bath features dual dressing rooms, an oversized walk-through shower, a sculptural soaking tub, and views of the Atlantic Ocean. Outdoor living is equally impressive. The infinity-edge pool overlooks the lake and the entire 7th hole of the Tom Fazio Links Course, offering the rare opportunity to watch golfers from the opening tee shot to the final putt with the Atlantic Ocean beyond. Covered lanais provide inviting spaces to enjoy quiet mornings and unforgettable sunsets, while a private beach walkover is just a short stroll away. Constructed of concrete block under the stringent Dade County Building Code standards and meticulously maintained throughout ownership, the residence reflects exceptional pride of ownership. Recent improvements include a Wet Edge Signature Matrix Tahoe pool resurfacing (2024) and a new roof (2025), providing added confidence for the next owner. Optional membership to the prestigious Hammock Dunes Club, recognized as a Distinguished Emerald Club of the World, offers two championship golf courses, exceptional dining, tennis, pickleball, croquet, bocce, a state-of-the-art fitness center, and an active year-round social calendar. A rare opportunity to own one of Hammock Dunes' most distinguished residences, where timeless architecture, exceptional craftsmanship, and one of Florida's most captivating coastal settings come together.The average asking price for a 3 bedroom/4 bath single family residence in this Zip code is $2,287,300. This single family residence is listed at about 205% of the average asking price. This is the only 3 bedroom/4 bath single family residence between $4,200,000 and $5,200,000 currently listed for sale in this Zip code.