Community Details at a Glance
The Homes
Type
Single-family, master-planned
Built
Late 2010s to new construction
Size
About 1,500 to 3,000+ sq ft
Status
Actively building and selling
Costs & Fees
HOA
Covers common areas and amenities
CDD
Possible; confirm per parcel
Taxes
St. Johns County millage; confirm per parcel
Amenities
Community
Amenity area, pool, and ponds
Setting
St. Augustine, near SR 16 and I-95
Access
SR 16, US-1, and I-95 to the historic city
Schools
Top-rated St. Johns County public schools
Location
Area
St. Augustine, St. Johns County
Access
SR 16 and I-95 to the historic city
St. Augustine
About 10 to 15 minutes
Beaches
About 20 to 25 minutes
The Homes & Style
D.R. Horton plans ran from about 355,000 dollars at 1,714 square feet to about 419,000 dollars at 2,499 square feet per NewHomeSource and welcomehomestjohns as of mid-2025, and a four-bedroom resale listed at 359,900 dollars in May 2025; confirm current pricing, because builder sheets move frequently.
With resale listings landing near builder pricing, early sellers here compete directly with new orders, so condition, completed landscaping, and no construction wait are the resale levers.
The buyer pool is value-focused: first-time and workforce buyers chasing St. Johns schools without a CDD, Northrop Grumman and Flagler Health employees shortening their commute, and townhome buyers using Wayside as the cheapest door into the county.
Morgans Cove is one community with two builders and two products, so the first decision is detached or attached, then plan and lot.
Detached homes from roughly 1,400 to 2,500 square feet, priced about 355,000 to 419,000 dollars per NewHomeSource and welcomehomestjohns as of mid-2025; the volume product and the comp anchor.
The LGI-built townhome section inside the community, trading yard and square footage for a lower entry price into the same county and school district; its fees and rules can differ from the single-family section, so verify separately.
Perimeter and buffer lots run quieter than anything near the CR-214 frontage, and in a community without big amenities, lot quality carries more of the resale story.
Living Here
The amenity package is deliberately small, which is exactly how the dues stay in the 300s per year.
The family anchor of the common area.
The gathering space rounding out the modest amenity core.
The financial amenity: no assessment line on the tax bill, which most newer county communities cannot say.
Northrop Grumman and the Flagler Health campus sit close enough to make this a genuine workforce-commute address.
Daily errands run the CR-214 and SR-207 corridors toward town, the main St. Augustine retail clusters sit ten to fifteen minutes east, and the St. Augustine Outlets cover the bigger runs near the interstate.
D.R. Horton detached homes and LGI Wayside townhomes share the Morgans Cove name, so aggregator price feeds blend two products from two builders; sort by property type before trusting any average.
At 325 to 406 dollars a year with no CDD, the carrying-cost gap against the CDD-loaded master plans can run thousands per year; that difference quietly funds a meaningful chunk of mortgage payment at the same monthly outlay.
Northrop Grumman and Flagler Health anchor steady local employment minutes away, which supports both resale demand and rental demand here in a way the tourist economy does not.
Before You Offer
Confirm the HOA and any CDD for the specific home, and compute the all-in monthly before judging a list price.
Compare new construction to resale carefully, weighing builder incentives, lot premiums, and timelines against a move-in-ready resale in a delivered phase.
Confirm the lot for pond or preserve position, and what is built or planned around it as the community grows.
Confirm school assignment by address with the district, and verify internet and the SR 16 and I-95 commute.
Morgan's Cove vs. Comparable St. Augustine Communities
Morgan's Cove competes with the other newer communities of the SR 16 corridor near St. Augustine. Against the World Golf Village communities, it offers a more value-oriented, newer community closer to the historic city, while WGV adds golf and larger amenity packages.
Against established St. Augustine neighborhoods, Morgan's Cove trades mature trees for newer construction, an amenity area, and the top-rated St. Johns district. The honest shorthand: pick Morgan's Cove for newer value minutes from the old city; pick WGV for golf or an established neighborhood for character.
Who Morgan's Cove Fits Best
Morgan's Cove fits buyers who want newer construction with an amenity area and top-rated St. Johns schools minutes from historic St. Augustine and the beaches, anyone who values quick SR 16 and I-95 access, and value buyers comfortable with modest HOA costs.
Morgan's Cove is a weaker fit buyers who want no fees and the lowest carrying cost, those seeking golf or a large town center, or anyone who prefers an established no-fee neighborhood.
