


$337,990
118 Tea Olive Drive
Palm Coast, FL 32137
Listing updated: August 13, 2026 at 12:26 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
This stunning, single-story home showcases 4 bedrooms, 2 bath and an extended garage with a pond view. Inside, discover an open floor plan with volume ceilings, luxury vinyl flooring throughout and a spacious great room. The kitchen boasts luxury vinyl flooring, Woodmont® cabinets, granite countertops, island and Whirlpool® stainless steel appliances. The primary suite features a large walk-in closet and connecting bath that offers quartz countertops, and a dual-sink vanity. Other highlights include ENERGY STAR® certified lighting, Moen® faucets, Kohler® sinks and a smart thermostat. Enjoy your pond view on the extended covered back patio. KB Home at Somerset includes a brand-new playground, dog park and pool! Closing cost assistance available on this home.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history16 days on market
- Status: ActiveJul 28, 2026
- Listed$348,990Jul 28, 2026
- Price reduced$337,990
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 16
- Subdivision
- Somerset At Palm Coast Park
- County
- Flagler
- Year built
- 2026
- Living area
- 1,707 sq ft
- Price/sq ft
- $198
- Lot size
- 258,120 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Garage
- 2 spaces
- Parcel #
- 0411305571000003400
- Zoning
- SFR
- MLS #
- FC320240
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Laminate
- Appliances
- Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Ice Maker, Range, Refrigerator, Tankless Water Heater, Washer
- Interior features
- Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Thermostat
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- North
- New construction
- Yes
Heating & Cooling
- Heating
- Central, Natural Gas
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $98 / Quarterly
- Monthly HOA
- $33/mo
- Total monthly fees
- $33/mo
- Total annual fees
- $392
- HOA name
- Sovereign & Jacobs
- CDD
- Yes
- Homestead exemption
- Yes
- Min lease term
- 7 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- French Doors
- Construction materials
- Cement Siding
- Roof
- Shingle
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Natural Gas Connected, Public, Sewer Available, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Available
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 7x14 |
| Primary Bedroom | First | 13x15 |
| Great Room | First | 15x26 |
| Bedroom 2 | First | 10x11 |
| Bedroom 3 | First | 10x11 |
| Foyer | First | 5x16 |
| Laundry | First | 6x7 |
Listing Details
- Listing date
- 2026-07-27
- On market date
- 2026-07-28
- Original list price
- $348,990
- Occupant type
- Vacant
- MLS area
- 32137 - Palm Coast
- Listing AOR
- Flagler
- Status changed
- 2026-07-28
- Tax legal description
- Closing Bear
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-95 exit 298 merge onto US-1 South. Continue straight through two traffic circles to stay on US-1 South. Community entrance will be on right about two miles south of second traffic circle.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 13, 2026 at 12:26 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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