Magnolia Trace
Homes for Sale in Palm Coast, FL
True comps, carrying-cost math, and listings before the portals.
Magnolia Trace is a community in Palm Coast, Flagler County, FL (ZIP 32164). Across Palm Coast as a whole, 860 homes closed in the last 12 months at a median of $359,990, 168 median days on market, with 1,681 homes for sale today. At that median and Flagler County's FY2025-26 rate of 14.65 mills, annual property tax runs about $5,270 ($4,690 with the full homestead exemption).
The defining point is that this is still a proposal. Approval is not final: the council passed the plan amendment on first reading only, and the second reading is pending stormwater review. The land is under contract, not owned, and no builder is named. The case for the community rests on a reduced unit count (624, down from 754) and about 71% of the acreage held as conservation land, but none of that is built or binding on a buyer's contract until it is final.
Before comparing this to a resale home, get these in writing once a builder exists: deposit amount and refund terms, what happens if approval changes or the land purchase does not close, HOA and any CDD or special assessment details, the delivery timeline with remedies for delay, and any incentives and their conditions. Without a named builder and a published price, there is nothing to compare yet.
Figures in this note are as of November 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Magnolia Trace is a planned mixed single-family and townhome community in Palm Coast, Flagler County, Florida 32164, off Belle Terre Parkway near U.S. 1. Greenpoint Holdings is under contract to buy the land, which covers about 1,000 acres, and the plan calls for 624 homes, down from 754 in an earlier version. About 71% of the acreage is set aside as conservation land. Townhome lots are planned at least 20 feet wide. Palm Coast City Council approved the plan amendment on first reading in October 2026, and the second reading is pending stormwater review. No home builder has been named, no homes are listed, and pricing has not been published. As of 2026-10-08 the project is in pre-construction, so everything here describes a proposal rather than a finished neighborhood.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The market around Magnolia Trace
In ZIP 32164 (Palm Coast), 110 homes closed in the last 12 months at a median of $420K ($203/sq ft), up 2.9% year over year, with a median 95 days on market. Right now 21 active and 9 pending listings put supply at about 2.3 months — a balanced market. See the live ZIP 32164 housing market and the Flagler County market.
ZIP and county figures describe the wider market, not Magnolia Trace specifically. Momentum Research analysis of MLS records.
Who Magnolia Trace is best for.
Best for
- Buyers who can wait for approvals and a builder announcement before committing money.
- Buyers who want a mix of single-family or townhome options and are open to either product type.
- Buyers who are comfortable with pre-construction risk and want to be early on information, not early on a deposit.
Probably not for
- Buyers who need a move-in date they can count on.
- Buyers who need published pricing and floor plans before they start comparing.
- Buyers who are not willing to accept that approval and the land purchase could change the plan.
Magnolia Trace: what we know so far
Magnolia Trace is not selling yet. There are no active listings and no recorded resales, so every number on this page comes from public records, county approvals and builder announcements, and is dated. We re-verify status on every rebuild.
| Developer | Greenpoint Holdings |
|---|---|
| Community type | Mixed single-family and townhomes |
| ZIP | 32164 |
| County | Flagler County, Florida |
| Last verified | October 8, 2026 |
| Source | discovery-2026-11-13 coming-soon-seed-2026-11-13 |
Status note: Planned subdivision on about 1,000 acres off Belle Terre in Palm Coast, with the unit count reduced from 754 to 624 and about 71% of the acreage set aside as conservation land. Greenpoint Holdings is under contract to buy the land; no home builder has been named.
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The Magnolia Trace buying strategy.
If we were buying in Magnolia Trace today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Magnolia Trace.
A large tract with an approval still pending
Magnolia Trace sits off Belle Terre Parkway near U.S. 1 in Palm Coast, in Flagler County. Greenpoint Holdings is the developer and is under contract to buy the land. The plan covers about 1,000 acres, and about 71% of that is set aside as conservation land. No home builder has been named.
The mix is single-family homes and townhomes, 624 in total, down from 754 in the earlier plan. Townhome lots are planned at least 20 feet wide. Pricing has not been published. Amenities, floor plans and delivery dates have not been published either. On timeline, Palm Coast City Council approved the plan amendment on first reading in October 2026, and the second reading is pending stormwater review.
Treat the following as unconfirmed: final approval, the land closing, the builder, product pricing, HOA or CDD structure and when any home could be delivered. We watch the council agenda and public records for the second reading and for a builder announcement, and we will tell you what changes. Ask any builder who appears for the full fee stack in writing before you commit a deposit.
The location and the amenities are priced into every listing in Magnolia Trace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
We track releases, pricing and incentives for new communities across the region, and we are watching Magnolia Trace for the second reading and a builder name. While it is pre-launch, we can line up nearby new construction and resale alternatives so you have real numbers to compare against when this one does publish.
When a builder is named, we read the contract with you: deposit and refund terms, the fee stack, assessment disclosures and the delivery timeline. This costs the buyer nothing, because the builder pays our fee. Registering early may help you see pricing and plans sooner, though early registration does not guarantee a price or a homesite.
Magnolia Trace in 15 seconds.
Tools for a Magnolia Trace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Trace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Trace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Trace home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Trace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Magnolia Trace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community record | public records & builder filings listing records: the community is present in the MLS feed; no closed sale is on record in our archive yet, so no price statistics are shown |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of public records & builder filings records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Recent Developments in Magnolia Trace
Development, infrastructure, retail, and school activity affecting Magnolia Trace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Approval
Magnolia Trace: Plan amendment passes first reading
Palm Coast City Council approved the Magnolia Trace plan amendment on first reading, cutting the planned unit count from 754 to 624 on about 1,000 acres off Belle Terre, with about 71% of the acreage set aside as conservation land. Greenpoint Holdings is under contract to buy the land; second reading is pending stormwater review.
What it may mean for the marketApprovals are not final until second reading; confirm the final plan, builder and fees before relying on it.
Source: flaglerlive.com
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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