RARE VALUE ON ANASTASIA ISLAND! Priced at $739,000--currently $87,000 below the $826,000 Just Market Value reflected in St. Johns County Property Appraiser records. Tucked beneath a canopy of majestic oaks on a generous corner lot, this distinctive five-bedroom, three-bath home offers an unbeatable location just one block from Anastasia State Park and a short bike ride to the beach in Menendez Park. Featuring a side-entry two-car garage, this residence combines timeless charm, character, and the laid-back coastal lifestyle. Step inside to a breathtaking main living area, where soaring 20-foot wood ceilings create an inviting, airy ambiance filled with natural light. The living room is anchored by a fireplace, creating a warm and welcoming space for relaxing on cool ocean-breeze evenings. The recently updated kitchen features granite countertops, fresh paint, stainless steel appliances, and an island with bar-top seating that opens to a bright breakfast nook. A formal dining room provides the ideal space for entertaining, while the open-concept design flows effortlessly to a screened porch that stretches across the entire back of the home--your own private oasis for morning coffee, sunset cocktails, or enjoying the peaceful surroundings. The upper level features a serene primary suite, along with a charming guest bedroom and full bathroom. Down a spiral staircase, the lower level offers flexible and private living space with a cozy sitting room, three additional non-conforming rooms, and another full bath--perfect for guests, a home office, gym, creative studio, or additional recreational space. The oversized garage provides room for a third vehicle, gym, workshop, or all of your bikes and beach toys. The property also features two 30-amp RV hookups and black-water drains, creating a unique opportunity for visiting guests or potential additional income from an on-site RV. Surrounded by majestic oaks and salty coastal breezes, this home has never flooded and offers an exceptional combination of location, space, flexibility, and value. Located on Anastasia Island but outside the City of St. Augustine and St. Augustine Beach, the property is subject only to county taxes while remaining minutes from the beach, Anastasia State Park, dining, coffee, shopping, and entertainment. The Village Garden Food Truck Park is also nearby. Whether you're looking for a primary residence, second home, or investment opportunity with short-term rental potential, this distinctive Anastasia Island property offers a rare opportunity to enjoy the very best of coastal living--and at a price currently below the property's county Just Market Value.