$1,079,999
St. Augustine, FL 32095
MLS# 2131100
4 beds | 4 baths | 3979 sqft
1 / 62
Open House (05/09/2026 - 12:00 pm - 2:00 pm)
Property Description
Why build when you can move into nearly $80,000 in after market upgrades -- ready to enjoy from day one? 203 Tesoro Terrace is a rare lakefront estate in the exclusive Estate Section of Madeira, set on a premium 70-foot homesite with panoramic lake and distant lighthouse views -- a location that can't be replicated. Step outside to your private resort: a heated saltwater pool with water features, an expanded paver sun deck, and a custom solid-roof screened pergola with motorized panoramic screens and designer puck lighting -- all enclosed with no-see-um screening for year-round comfort. The fully equipped Coyote outdoor kitchen makes entertaining effortless against a backdrop most homeowners only dream of. Inside, this Mastercraft Lola model shines with 10-foot ceilings, 8-foot solid doors, and 12-foot sliders that blur the line between indoor and outdoor living.
Details
Maps
Documents
Contract Information
Current Price: $1,079,999
Property Sub Type: Single Family Residence
Property Attached YN: No
Status: Active
List Price: $1,079,999
Listing Contract Date: 2026-02-20
Location Tax and Legal
Street Number: 203
Street Name: TESORO
Street Suffix: Terrace
County: St. Johns
State: FL
Postal Code: 32095
MLS Area Major: 313-Whitecastle/Airport Area
Subdivision Name: Madeira
General Property Information
Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: 1
Bathrooms Total: 4
Living Area: 2951
Living Area Source: Public Records
Building Area Total: 3979
Year Built: 2024
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.39
Association YN: Yes
Association Fee: 426
Association Fee Frequency: Quarterly
Association Name: First Coast Association Management
Association Phone: 904-717-9231
CDD Fee YN: Yes
CDD Fee Amount: 2811.34
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Negotiable
Stories: 1
Entry Level: 1
Senior Community YN: No
Direction Faces: South
Directions: US-1 to Marlinda Dr. Proceed through security gate to first stop sign. Enter the Marshes of Madeira community. Left on Pasarela, continue to circle, take 3rd right onto Tesoro Terrace. Home will be on the pond side to the right.
Public Remarks: Why build when you can move into nearly $80,000 in after market upgrades -- ready to enjoy from day one? 203 Tesoro Terrace is a rare lakefront estate in the exclusive Estate Section of Madeira, set on a premium 70-foot homesite with panoramic lake and distant lighthouse views -- a location that can't be replicated.
Step outside to your private resort: a heated saltwater pool with water features, an expanded paver sun deck, and a custom solid-roof screened pergola with motorized panoramic screens and designer puck lighting -- all enclosed with no-see-um screening for year-round comfort. The fully equipped Coyote outdoor kitchen makes entertaining effortless against a backdrop most homeowners only dream of.
Inside, this Mastercraft Lola model shines with 10-foot ceilings, 8-foot solid doors, and 12-foot sliders that blur the line between indoor and outdoor living.
List Price/SqFt: 365.98
Status Change Information
Major Change Timestamp: 2026-03-05T05:01:42Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-03-05T05:01:42Z
Fireplace Features
Fireplaces Total: 1
DPR Eligible
DPR Eligible: No
Property Features
Architectural Style: Traditional
Levels: One
Rental Restrictions: 1 Year
Appliances: Convection Oven; Dishwasher; Disposal; Double Oven; ENERGY STAR Qualified Dryer; ENERGY STAR Qualified Washer; Gas Cooktop; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned
Fireplace Features: Electric; Free Standing
Interior Features: Breakfast Bar; Breakfast Nook; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Shower No Tub; Primary Downstairs; Smart Home; Smart Thermostat; Split Bedrooms; Walk-In Closet(s)
Flooring: Carpet; Tile; Vinyl
Laundry Features: In Unit; Lower Level
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Cooling: Central Air
Heating: Central
Water Source: Public
Sewer: Public Sewer
Smart Home Features: Security
Security Features: Carbon Monoxide Detector(s); Security Gate; Smoke Detector(s)
Construction Materials: Fiber Cement; Frame
Other Structures: Outdoor Kitchen
Exterior Features: Outdoor Kitchen
Patio And Porch Features: Awning(s); Covered; Deck; Front Porch; Patio; Screened
Pool Features: In Ground; Heated; Salt Water
Roof: Shingle
Parking Features: Garage; Garage Door Opener
Lot Features: Sprinklers In Front; Sprinklers In Rear
View: Intracoastal; Lake; Pool; Water
Waterfront Features: Pond
Fencing: Back Yard; Fenced; Wrought Iron
Current Use: Residential; Single Family
Association Amenities: Clubhouse; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Park; Pool
Association Fee Includes: Cable TV; Internet
Community Features: Gated; Sidewalks; Street Lights
Road Surface Type: Asphalt
Possession: Close Of Escrow
Listing Terms: Cash; Conventional; FHA; VA Loan
Supplements
The chef's kitchen features a 36" gas cooktop, upgraded Electrolux suite, under-cabinet lighting, and a secondary prep kitchen -- a rare find that entertainers will love. Custom plantation shutters, whole-home soft water system, smart thermostat and door lock, and soft-close cabinetry throughout reflect the level of care that only comes from those who invested in doing it right.
Unlike new construction, this home delivers a fully landscaped, fenced yard with Queen and Sylvester palms, sealed driveway pavers, low-voltage lighting, and a 230-foot artisan irrigation well -- upgrades that take months to complete and tens of thousands to install. And while builder incentives typically require using their preferred lender and title company -- with costs already built into the purchase price -- this seller is offering to pay for owner's title insurance, putting real savings in the buyer's pocket with no strings attached.
Perfectly positioned just 3 miles from historic downtown St. Augustine and minutes from Vilano Beach. Community amenities include resort-style pool, fitness center, clubhouse, and a future Intracoastal pier with kayak launch. This is what move-in ready actually means.
CDD Addendum 
Feature Sheet pg 1 
Listing Office: RE/MAX UNLIMITED
Last Updated: April - 29 - 2026
Information deemed reliable but not guaranteed.