$1,795,000
Original price: $1,595,000
186 Pelican Reef Dr, Saint Augustine, FL 32080
Est. Mortgage $11,729/mo*
Get Pre-QualifiedHome Highlights
Lot/Land
0.61 acre lot
HOA $150/mo
Local Information
-- mins to
About this House
What's unique:Deepwater luxury lotDeepwater frontage
Deepwater Luxury Lot in Yachtsman Point – 165’ Waterfront + Dock Permit Approved. Listing is for the lot only, the rendering is from the conceptual plans. Welcome to 186 Pelican Reef Drive, a truly exceptional opportunity to build your waterfront dream estate in the prestigious Yachtsman Point at Pelican Reef. Boasting an impressive 165 feet of deepwater frontage, this rare homesite offers unmatched access to the Intracoastal Waterway, creating the ultimate setting for boaters, water lovers, and those seeking an elevated coastal lifestyle. This is more than just a lot — it's a ready-to-build waterfront estate site, with all of the heavy lifting already done. Over 120 loads of clean, compacted fill dirt have been brought in, and permits for a private dock and bulkhead have already been approved by the Army Corps of Engineers, DEP, and SJRWMD — an incredible value of time and peace of mind. You’ll also benefit from a comprehensive survey with topography and tree locations, along with a geotechnical report including all necessary soil borings. Plus, a striking set of architectural plans, designed by renowned Home Designer and Builder Jason N. Forrest and his team at Forrest Inc and The Build For Life Co, has been approved by the Pelican Reef Architectural Review Board and will convey to the buyer upon request. The home design is one of Forrest’s most exciting and inspired creations to date — a bold blend of form, function, and coastal sophistication — ready to be brought to life. Prefer your own vision? The lot’s size, shape, and water frontage offer the flexibility to design your own personal sanctuary. Located within St. Augustine’s exclusive gated community of Pelican Reef, just minutes from downtown and the beaches, this is one of the last remaining opportunities to secure deepwater access in such a prestigious enclave. Owner financing may be available, providing added flexibility for buyers.
Last check for updates: about 10 hours ago
Listing courtesy of Jason Forrest, (904) 501-0443
Forrest Realty Group, Inc
Source: St Augustine St Johns County BOR, MLS#255463

Also Listed on St Augustine St Johns County BOR.
Home Details for 186 Pelican Reef Dr
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Frontage WaterfrontWaterfront: Intracoastal, Navigable WaterOn Waterfront |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 1585730130 |
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Price List Price: $1,795,000 |
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MLS Status: Active |
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Direction & Address City: St AugustineCommunity: Pelican Reef |
School Information Elementary School: R.B. HuntJr High / Middle School: SebastianHigh School: St. Augustine |
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Listing Agent Listing ID: 255463 |
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Has an HOAHOA Fee: $450/Quarterly |
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Lot Area: 0.61 acres |
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Mls Number: 255463 |
Around this home
What Locals Say about Saint Augustine
At least 670 Trulia users voted on each feature.
91 % Say it's dog friendly
90 % Say car is needed
79 % Say there's holiday spirit
79 % Say yards are well-kept
74 % Say people would walk alone at night
73 % Say it's quiet
70 % Say parking is easy
68 % Say kids play outside
63 % Say there's wildlife
63 % Say there are sidewalks
60 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
53 % Say streets are well-lit
40 % Say there are community events
35 % Say it's walkable to restaurants
31 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Saint Augustine
Last updated August 2026
Avg. sale price
$429K
$2.5KMoM
Sale-to-List Price
97.4%
Price per sq ft
$228
$0MoM
Available listings
1730
61MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Lot/Land | $1,800,000 | 02/27/26 | - | - | ||
0.04 | Lot/Land | $600,000 | 01/30/26 | - | - | ||
0.12 | Lot/Land | $412,000 | 01/16/26 | - | - | ||
0.33 | Lot/Land | $190,000 | 01/08/26 | - | - | ||
0.53 | Lot/Land | $250,000 | 06/10/26 | - | - | ||
0.50 | Lot/Land | $165,000 | 05/29/26 | - | - | ||
0.99 | Lot/Land | $2,000,000 | 11/05/25 | - | - | ||
0.55 | Lot/Land | $220,000 | 07/07/26 | - | - | ||
0.91 | Lot/Land | $225,000 | 02/12/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $565,000 | - | - | - | For Sale | |
0.02 | $2,205,500 | 4 | 5 | 3,594 | Off Market | |
0.03 | $459,000 | - | - | - | For Sale | |
0.04 | $600,000 | - | - | - | Recently Sold | |
0.02 | $1,800,000 | - | - | - | Recently Sold | |
0.06 | - | - | - | - | Off Market | |
0.08 | $7,000,000 | 4 | 5.5 | 7,218 | Recently Sold | |
0.12 | $412,000 | - | - | - | Recently Sold | |
0.14 | - | - | - | - | Off Market | |
0.15 | $1,346,200 | 4 | 3.5 | 3,358 | Off Market | |
0.17 | $1,105,500 | 4 | 2.5 | 3,108 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 2, 2026 Source: St Augustine St Johns County BOR #255463 | PriceChange | $1,795,000 Price increased by 13% |
Nov 26, 2025 Source: St Augustine St Johns County BOR #255463 | PriceChange | $1,595,000 Price decreased by 11% |
Sep 25, 2025 Source: St Augustine St Johns County BOR #255463 | Listed For Sale | $1,795,000 |
Sep 23, 2025 Source: St Augustine St Johns County BOR #251744 | ListingRemoved | $1,795,000 |
Mar 22, 2025 Source: St Augustine St Johns County BOR #251744 | Listed For Sale | $1,795,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jason Forrest, Forrest Realty Group, Inc
Agent Phone: (904) 501-0443

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2026 St Augustine & St. Johns County Board of REALTORS®. All rights reserved.
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Frequently asked questions about 186 Pelican Reef Dr
- How big is 186 Pelican Reef Dr?186 Pelican Reef Dr in Saint Augustine, FL is about 0.61 acres (26,572 sq ft).
- What is the price per acre for 186 Pelican Reef Dr?186 Pelican Reef Dr in Saint Augustine, FL is listed at $1,795,000, or about $2.9M per acre.
- What do residents say about Saint Augustine?Residents describe Saint Augustine, FL as dog-friendly, well-kept, and quiet. Most residents say you need a car. See homes for sale in Saint Augustine, FL.
- What are the closest schools to 186 Pelican Reef Dr?The closest schools to 186 Pelican Reef Dr in Saint Augustine, FL are R. B. Hunt Elementary School (Pre-K, rated 10/10), Sebastian Middle School (rated 7/10), St. Augustine High School (Middle, rated 6/10).
186 Pelican Reef Dr, Saint Augustine, FL 32080 is a lot/land. This property is currently available for sale and was listed by St Augustine St Johns County BOR on Sep 25, 2025. The MLS # for this home is MLS# 255463.

