Colony Reef Club
Homes for Sale in St. Augustine, FL

Colony Reef Club market snapshot (as of August 19, 2026): the median sale price is about $564K ($522 per sq ft over the trailing 12 months of closed sales), a median 109 days on market for closed sales, and 2.0 months of supply, a balanced market. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level realMLS closed sales (6 closings in the current window).

Colony Reef Club is a gated, amenity-dense oceanside community in St. Augustine, built around beach access, a full recreation package, and a small, tightly held resale market where inventory rarely sits idle for long.

• R.B. Hunt Elementary SchoolFLDOE grade A · Public PreK-5, island zoning
• Sebastian Middle SchoolFLDOE grade A · Public 6-8
• St. Augustine High SchoolFLDOE grade A · Public 9-12

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with St. Johns County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Colony Reef Club address.

What stands out about Colony Reef Club is the amenity list relative to its size: beach access, pool, elevators, fitness center, tennis courts, clubhouse, gated entry, playground, racquetball, sauna, spa/hot tub, pickleball, and RV/boat storage all show up across this community's MLS listings. That's a resort-style package layered onto a residential gated community, and it's the kind of infrastructure that supports a per-square-foot price well above a typical single-family resale — here, a median of $551.85 per square foot.

On the market side, the numbers point to scarcity rather than heat. One active listing and 1.5 months of supply is a thin market, and with only 8 closings in the recent window, there isn't a large enough sample to smooth out unit-to-unit variation in condition, floor plan, or view. The market heat score sits at 38, and combined with a 79-day median days on market, the read is a market that's tight on inventory but not moving at a frantic pace — sellers have leverage on price, buyers still have some room to negotiate terms.

With only one active listing and a resale pool this small, the comps you can lean on are limited — a broker who tracks this specific community's closings, not just St. Augustine broadly, is what keeps a $596,000 median from becoming a guessing game. Momentum can walk you through what's actually driving value unit by unit here — view, updates, floor plan — and help you move quickly and correctly when something finally does come to market, or price precisely enough to hold your ground in a market that's seller-leaning but not moving fast.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.