136 ISLAND COTTAGE WAY WAY, ST AUGUSTINE, FL, 32080
Active37 days on marketListed Aug 14, 2026MLS #FC320687
About this home
136 ISLAND COTTAGE WAY WAY
Welcome to 136 Island Cottage Way, an exceptional residence within Island Cottages — an exclusive gated enclave of just 23 homes on Anastasia Island. Majestic oaks frame the entrance, while refined coastal architecture defines this private, serene community, mere minutes from pristine beaches and the historic charm of St. Augustine. Distinguished as one of only two single-story homes in the neighborhood, this residence embodies timeless Key West-inspired coastal elegance. A welcoming front porch, classic white picket fence, metal roof, and thoughtfully designed landscape lighting create outstanding curb appeal and island character. Convenient rear-alley access leads to the two-car garage, preserving the home’s graceful front elevation. Situated at a desirable elevation in Flood Zone X, the home has been meticulously updated throughout. Recent enhancements include fresh exterior paint, new flooring, elegant bathrooms, and a refined kitchen featuring quartz countertops, ceiling-height custom cabinetry with convenient pull-outs, a counter-depth refrigerator, and a separate beverage refrigerator — ideal for both everyday living and effortless entertaining. An on-demand water heater adds modern efficiency and comfort. The primary suite bathroom stands as a true spa-like sanctuary. Plantation shutters and remote-operated blinds deliver sophisticated style, privacy, and ease throughout. Additional luxury appointments include custom closet systems, ceiling fans, a water softener, washer and dryer, security cameras, and a full complement of kitchen appliances (range, dishwasher, disposal, and microwave). The rear-entry two-car garage is finished with an epoxy floor, built-in cabinetry, and generous storage, elevating organization and everyday functionality. Island Cottages offers the ultimate low-maintenance lifestyle. The HOA maintains the landscaping, creating an ideal lock-and-go residence whether as a primary home or refined second residence. Residents also enjoy the beautiful community pool without the responsibility of private pool ownership. With its rare single-story floor plan, beautifully curated interiors, elevated Flood Zone X location, gated privacy, distinctive Key West-inspired character, and effortless coastal lifestyle, 136 Island Cottage Way presents a rare opportunity to experience the very best of Anastasia Island living — refined, convenient, and unmistakably luxurious.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,838
Sqft
0.11 ac
Lot size
2
Garage
2005
Year built
One
Levels
$397
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,288 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,288/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+38.1%
$/sqft vs St Augustine actives
$397 vs $238
Days on market
37 vs 37 typical
Where $397/sqft sits among the 187 St Augustine actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside St Augustine
Get to know St Augustine. See the full St Augustine guide →
ST AUGUSTINE 32080 — neighborhood snapshot
Population
21,368
Median age
58.3
Median income
$91,201
Median home value
$497,500
Avg household
2.06
Households w/ children
1,323
For the school run
St. Johns County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Augustine market
$450K → $390K
St Augustine median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
67 of 187
St Augustine actives have cut their price
Median sold price, St Augustine, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 33% above the ST AUGUSTINE 32080 median. See the full St Augustine market guide →
Paper trail
This home's history
Reality check
What actually sold near 136 ISLAND COTTAGE WAY WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$674,000
77 ALOHA CIRCLE
3 bd · 2 ba · 1,820 sqft · $370/sqft · 46 DOM
Sold · Mar ’26$577,500
5042 A1A S
3 bd · 2 ba · 1,816 sqft · $318/sqft · 119 DOM
Sold · Jul ’26$470,000
5354 A1A S
3 bd · 2 ba · 1,800 sqft · $261/sqft · 4 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 136 ISLAND COTTAGE WAY WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 136 ISLAND COTTAGE WAY WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
136 ISLAND COTTAGE WAY WAY FAQs
What would the monthly payment be for 136 ISLAND COTTAGE WAY WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,288/mo — principal and interest, the actual property-tax bill, the $400/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 136 ISLAND COTTAGE WAY WAY?+
The association fee works out to $400 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 136 ISLAND COTTAGE WAY WAY?+
The most recent tax bill on record (2025) was $6,249. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 136 ISLAND COTTAGE WAY WAY?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in St Augustine?+
At $729,000, this home is listed about 66% above the St Augustine median of $439,000. The market section on this page shows how the area is trending.
Which schools are assigned to 136 ISLAND COTTAGE WAY WAY?+
W. Douglas Hartley Elementary (elementary), Gamble Rogers Middle School (middle), Pedro Menendez High School (high), Mky- Head Start /Dpp Pk School (), First Coast Technical College (high) — St. Johns County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$729,000 runs 33% above the ST AUGUSTINE 32080 median.
02Strong assigned schools
W. Douglas Hartley Elementary, Gamble Rogers Middle School, Pedro Menendez High School, Mky- Head Start /Dpp Pk School, First Coast Technical College — W. Douglas Hartley Elementary rates 4 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $749,000, now $729,000 — a $20K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) · Frank Perez-Andreu. MLS #FC320687.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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