Pelican Cove in Edgewater

Pelican Cove

Established 1988 · Intracoastal West · ZIP 32224

A riverside single-family community in Edgewater near the Indian River, with low dues and water amenities like a boat ramp and pier.

Riverside EdgewaterSingle-family, low duesBoat ramp and pier
Live Market Pulse
51/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Pelican Cove

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive DBAAR data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseDBAAR
$257K
Median Price
6mo
Supply
25days
Avg DOM
Soft
Seller Leverage
$169/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Pelican Cove is a riverside single-family community in Edgewater near the Indian River, organized into named sections (Pelican Cove and Pelican Cove West and East), and the read is affordable waterfront-adjacent living with real water access: low annual dues, a boat ramp, a fishing pier, and in some sections a community pool, near the Indian River south of New Smyrna Beach. Confirm which section a home is in, since amenities and dues differ. Do not confuse it with the gated Pelican Cove condo in Sarasota. Price each home on its condition, lot, and proximity to the water."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Pelican Cove is a single-family community in Edgewater, Volusia County, ZIP 32141, near the Indian River, on streets such as Pelican Drive, Pelican Lane, Falcon Avenue, Egret Court, and Riverside Drive. It is organized into named sections, including the base Pelican Cove plus Pelican Cove West and Pelican Cove East (neighborhoods.com; RE/MAX; Movoto, 2026).

The homes are predominantly single-family. In the base section, homes run around two-bedroom, two-bath plans near 1,200 square feet; in Pelican Cove West, three-bedroom plans near 1,300 square feet are common, with a wider range. The build era, the total number of homes, and the developer are not clearly documented in reliable sources and are not asserted here (neighborhoods.com; Homes.com, 2026).

The community offers real water access. Pelican Cove East has a clubhouse pavilion, a boat ramp, a riverfront pier, and a dock; Pelican Cove West has a community pool (for a nominal annual fee), a fishing pier, shuffleboard, and a boat ramp. The dues are low, with the East section's homeowners association reported around $75 per year plus a one-time fee (HOA directory; neighborhoods.com, 2026).

Pelican Cove in Edgewater is a separate community from the well-known gated Pelican Cove condominium in Sarasota; none of that community's facts apply here. Confirm the section, the dues, and the amenities for any specific home.

Best for

  • Buyers who want an affordable riverside single-family home with water access
  • Boaters who value a community boat ramp, pier, and dock near the Indian River
  • Buyers comfortable confirming the section and amenities for the specific home

Probably not for

  • Buyers who want a gated, amenity-rich, or new-construction community
  • Buyers who want a large home (the plans here are modest)
  • Anyone expecting the Sarasota Pelican Cove condo's amenities (a different community)

How Pelican Cove is performing right now

51/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
6Months of supplytight
25Median days on marketdays
0 : 1Under contract vs for salestrong demand
2Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+446%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from DBAAR, as of June 10, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Pelican Cove listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Pelican Cove buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Pelican Cove

Live MLS inventory for Pelican Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Pelican Cove listings as of 2026-06-10, priced high to low. © 2026 Daytona Beach Area Association of REALTORS®, Inc.. Tap any home to ask about it.

Listing locations from DBAAR; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Indian River Lagoon~2 min · the community offers river access via boat ramp and pier
US-1 corridor~2 to 5 min · Edgewater shopping and services (approximate)
New Smyrna Beach~5 to 10 min · immediately north via US-1
Interstate 95~10 min · west via SR-442 (approximate)
Atlantic beach (New Smyrna)~15 to 20 min · east across the Indian River (approximate)
Daytona Beach International Airport (DAB)~30 min · north (approximate)
Flagler Avenue, New Smyrna Beach~15 min · beachside dining and shopping (approximate)

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Pelican Cove with Momentum Realty’s local guides.

Coral TraceEdgewater · 0.7 miSea Coast GardensNew Smyrna Beach · 1.3 miSeascape TowersNew Smyrna Beach · 1.5 miELEdgewater LakesEdgewater · 1.5 miMajestic OaksEdgewater · 1.7 miEbb TideNew Smyrna Beach · 1.7 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Pelican Cove (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Volusia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Pelican Cove is served by Volusia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Pelican Cove address.

The takeaway

What actually affects a riverside Edgewater community here, sourced and dated. We do not publish rumor.

Recent Developments in Pelican Cove

Our read on what is being built around Pelican Cove, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe community is established and built out, so supply comes from resales. The relevant factors are the Edgewater and US-1 growth corridor and the value of the community's water access.

Community water access

BullishA boat ramp, pier, and dock near the Indian River, at low dues, give the community a real water-access draw that supports demand; confirm the access for the specific section. impact
SignificanceRadius: Community-wide

Community water access

Edgewater and US-1 growth corridor

NeutralEdgewater along US-1 has seen ongoing residential growth; confirm any nearby projects. impact
SignificanceRadius: Local corridor

Edgewater and US-1 growth corridor

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Pelican Cove, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Market

    Edgewater market context

    The broader Edgewater market showed a median list price around $335,000 in 2026, useful as area context rather than a Pelican Cove-specific figure. Why it matters: Use citywide figures only as context; comp a Pelican Cove home against the closest specific same-section sale. Source

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.

If we were buying in Pelican Cove, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the section. Verify whether the home is in the base Pelican Cove, Pelican Cove West, or Pelican Cove East, since amenities (pool, ramp, pier) and dues differ by section.

2

Read the dues and water-access rules. The East section's dues are reported around $75 per year plus a one-time fee; confirm the current figure, any pool or ramp fee, and the access rules for the specific section.

3

Inspect the home and check flood. On an established riverside community, get the FEMA flood zone for the specific lot and a thorough inspection.

4

Verify the boat access. If boating is part of the reason you are buying, confirm the boat ramp, the pier, and any dock or slip availability for the section.

5

Comp by section and condition. Price off the closest specific same-section sale, not a city-wide average.

Best Buy
An updated single-family home in a section whose dues and water access you have verified.
Biggest Risk
Section confusion (amenities and dues differ), and the modest home sizes.
Best Lot
Proximity to the water and the boat ramp drives value; confirm per section and lot.
Smart Timing
An established, affordable riverside community moves on condition and section; a prepared buyer can negotiate when those questions are open.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

The Homes

Gating

Dual-gated, with attended North and South entrances.

Styles & age

Traditional, ranch, and contemporary single-family, built 1987-2000.

Lots & sizes

Golf, lake, preserve, and interior lots (~0.25-0.5+ acres); homes ~2,400-4,000 sq ft.

Builder

Arvida (with JMB Partners).

Costs & Governance

CDD

None. No Community Development District bond on the tax bill.

POA dues

Quarterly POA dues (separate from the club) vary by lot size and include Hotwire internet and cable TV. Confirm the current amount.

Amenities & Lifestyle

Golf

18-hole course and a 26,000 sq ft member-owned clubhouse (membership optional).

Pool & fitness

Heated club pool, a fitness center, and ten lighted clay tennis courts.

Kids

In-community Woodland Park with a playground, basketball court, and sports field.

Getting around

Sidewalks on some roads; a golf-cart-friendly community.

Location & Nearby

Setting

Intracoastal West Jacksonville, ZIP 32224, off Hunt Club Road.

Nearby

Under 15 minutes to the beaches, St. Johns Town Center, and Mayo Clinic; UNF about 8 minutes.

Schools

Duval County: Chets Creek, Kernan Middle, Atlantic Coast (ratings below).

Homes & Architecture

Pelican Cove homes were built largely between 1987 and 2000 in traditional, ranch, and contemporary styles, on a mix of golf frontage, lakefront, preserve, and interior lots. Because the community is built out, you are buying into a spectrum that runs from original 1990s condition to fully renovated, and the price gap between the two is enormous. A dated home and a beautifully renovated one a few doors apart can differ by hundreds of thousands of dollars, which is exactly where buyers overpay or find value.

This makes Pelican Cove a renovation market as much as a resale market. Many of the best buys are homes in great locations that need updating, where an honest budget for roof, HVAC, pool, and modernization turns a dated house into a strong long-term hold. The risk is underestimating that budget, which is why reading the renovation math is the core skill here.

More on Living in Pelican Cove

The depth without the wall of text. Open what matters to you.

Location and commute
Pelican Cove's Intracoastal West position is a big part of its appeal. It is about four miles from the Atlantic beaches, roughly a 10 to 15 minute drive, and about ten minutes from the St. Johns Town Center for shopping and dining. The UNF and Mayo Clinic corridor is close, and Downtown and the Southside job centers are an easy reach via Beach and JT Butler boulevards.
Traffic reality
The community itself is quiet and gated, but the surrounding Hodges, Beach, and JT Butler boulevard corridors are busy and commercial, and continue to develop. That is the trade-off for the central, convenient location, with everyday shopping and dining minutes away. Test-drive your real commute at your real departure time.
Shopping and dining
The St. Johns Town Center, one of the region's largest shopping and dining destinations, is about ten minutes away, and the Beach Boulevard and Hodges corridors cover everyday needs. The beaches at Atlantic, Neptune, and Ponte Vedra are a short drive east for dining and recreation.
Insurance and flood
As an Intracoastal West community a few miles inland with 26 community lakes, flood exposure varies lot by lot, so pull the exact FEMA flood zone for a specific address rather than assuming. On the homeowners side, roof age is the biggest swing on a 1990s home, so a recently re-roofed house is far easier and cheaper to insure. Always get a real insurance quote on the specific home.
Pelican Cove Buyer Due Diligence

Before you write an offer on any Pelican Cove home, run this list. Missing any one of these is how buyers overpay or inherit a problem.

Property Systems

  • Roof and HVAC age, and the resulting insurance quote
  • Pool equipment age and condition
  • An honest renovation budget for roof, HVAC, pool, and updates

Financial

  • POA dues and inclusions (Hotwire internet and cable, access control) in writing
  • The club decision and the true cost of the membership you would use
  • Total carrying cost: HOA, optional club, insurance, near-term repairs

Resale Strength

  • Lot quality and view, and whether the premium is fair
  • Golf, lake, or preserve frontage versus an interior lot
  • The interior-lot warning: where buyers overpay

Verification

  • Flood zone for the specific parcel, given the community lakes
  • School zoning by address, confirmed with the district
  • True closed comps by condition and lot, not a Zestimate

Questions we ask on a specific home

The questions a local who knows Pelican Cove asks are different from the ones a portal answers. On any specific home, we want to know:

  • Homes along the fairways at Pelican Cove

    How old are the roof, HVAC, and pool equipment, and what does that do to the insurance quote?

  • Clubhouse entrance at Pelican Cove

    What is the honest renovation budget to bring this home current?

  • Lakes and amenities at Pelican Cove

    What does the view back to: golf, lake, preserve, or another home?

  • Clubhouse at Pelican Cove

    What exactly do the POA dues include (Hotwire internet and cable, access control), and what would the club cost at the tier we would use?

  • Gated entrance at Pelican Cove

    Is this one of the stronger resale lots, or a base lot priced like a premium one?

  • Aerial of Pelican Cove

    How does this home compare to the closest active and sold listings in Glen Kernan?

Jon Brooks · Co-Founder, Momentum Realty

Pelican Cove is a condition game. The gates, the course, and the location are priced into every listing, so the money is made or lost on the renovation math, the lot and view, and the club decision. A dated interior home and a renovated golf-frontage home are completely different buys at very different true costs, even when the list prices look close. The listing agent works for the seller. Our job is to read the renovation honestly, verify the POA inclusions and the full carrying costs, pull the true comparable sales, and structure an offer that protects you.

Our advice to Pelican Cove buyers is to cross-shop it against Glen Kernan and Deerwood on location, lot, and total cost of ownership, and to move decisively on the right golf or lakefront home, since the best views still sell fast. With no CDD and an optional, affordable club, Pelican Cove is one of the strongest values among Jacksonville's gated golf communities for the buyer who reads it right.

Pelican Cove vs. Comparable Communities

How Pelican Cove cross-shops against the communities buyers most often weigh against it, on the factors that actually decide the buy.

CommunityEntryNo CDD?ClubTo BeachBest ForThe Watch-Out
Jacksonville G&CC$$YesMember-owned, optional~15 minGated golf without Ponte Vedra pricing1990s resale condition
Glen Kernan$$$$YesMember-owned~15 minAll-custom estate buyersHigher entry, thin market
Deerwood$$$YesPrivate country club~25 minEstablished prestige, larger lotsOlder stock, farther from beach
Queens Harbour$$$YesYacht & country club~15 minBoating & Intracoastal accessMarina/club fees, higher entry
Pablo Creek Reserve$$$$YesLuxury enclave (no on-site club)~10 minNewer custom luxuryTop-of-market pricing
Nocatee$$NoMaster-planned amenities~20-25 minNew construction & amenitiesFull CDD, longer drive
Sawgrass Country Club$$$YesResort golf & tennis~10 minPonte Vedra resort lifestyleHigher priced

Cross-shop read from Momentum. Entry tiers ($$ from the high $600s, $$$ around $1M+, $$$$ estate-level), club style, and drive times are approximate orientation, not quotes. Confirm CDD status, fees, and current pricing per community and parcel.

Who Pelican Cove Fits Best

We would rather tell you the truth than sell you the wrong house. Here is who Pelican Cove fits, and who should look elsewhere. It is a property question, not a personal one.

Great fit if you want

  • A gated, established golf community in a central, convenient location.
  • An optional, relatively affordable member-owned club.
  • No CDD and a strong resale story on the right lot.
  • Renovation upside on a well-located 1990s home.
  • Minutes to the Town Center, beaches, UNF, and Mayo Clinic.

Probably not ideal if you want

  • A brand-new build with the latest finishes and a builder warranty.
  • The lowest possible entry price; this is a seven-figure market on average.
  • A turnkey home with zero renovation, with no premium to pay for it.
  • No HOA structure and none of the rules that come with a gated community.
  • Estate-size acreage; lots here are master-planned, not sprawling.

The honest trade-offs

Pros

  • Gated, established golf community in a central Intracoastal West location.
  • 18-hole course and a member-owned club with optional, relatively affordable dues.
  • NO CDD, a real carrying-cost edge over newer master plans.
  • Minutes from the St. Johns Town Center, beaches, UNF, and Mayo Clinic.
  • Dual attended gates and 26 lakes give it a mature, private character.
  • Renovation upside on well-located 1990s homes.

Cons

  • A seven-figure market on average; not an entry-level community.
  • All-resale 1990s housing stock that often needs updating.
  • HOA dues plus optional club costs to budget separately.
  • The best golf and lakefront lots command premiums and sell fast.
  • Busy surrounding Hodges, Beach, and JT Butler corridors.
  • No new construction; every purchase is a resale.
The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: base-section two-bedroom homes
$250K to $250K

The value end of Pelican Cove is the base-section two-bedroom homes near 1,200 square feet; confirm the section and dues and budget for updates (neighborhoods.com, 2026).

Lowest entry
Mid: West-section three-bedroom homes
$250K to $265K

The core is the Pelican Cove West three-bedroom homes near 1,300 square feet, with section listings cited roughly $220,000 to $400,000 (Homes.com, 2026). Condition and lot separate these.

Most inventory
High: larger and water-closest homes
$265K to $265K

Larger homes and those closest to the boat ramp, pier, and river sit at the top of the community, above the section midpoint. Price each on its size, condition, and water proximity rather than a city-wide figure.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$250K to $250K
Entry: base-section two-bedroom homes
The value end of Pelican Cove is the base-section two-bedroom homes near 1,200 square feet; confirm the section and dues and budget for updates (neighborhoods.com, 2026).
$250K to $265K
Mid: West-section three-bedroom homes
The core is the Pelican Cove West three-bedroom homes near 1,300 square feet, with section listings cited roughly $220,000 to $400,000 (Homes.com, 2026). Condition and lot separate these.
$265K to $265K
High: larger and water-closest homes
Larger homes and those closest to the boat ramp, pier, and river sit at the top of the community, above the section midpoint. Price each on its size, condition, and water proximity rather than a city-wide figure.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Pelican Cove

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Pelican Cove offers affordable riverside single-family living with real water access, a boat ramp and pier at low dues, near the Indian River. The deal is in the section and the lot: confirm which section a home is in and how close it is to the water, and comp it against the closest same-section sale.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Resale Strength7.2/10
Renovation Risk7.2/10
Location Efficiency7.4/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage7.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Pelican Cove is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live DBAAR feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live DBAAR feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from DBAAR; for orientation, not an appraisal.

15-Second Take
  • Proximity to the water and the boat ramp drives value here.
  • Section determines the amenities and dues; confirm before valuing.
  • Comp by section and water proximity, not a city-wide average.

In a sectioned riverside community, the value drivers are the section, the proximity to the water, and the home's condition. At Pelican Cove, homes closer to the boat ramp, pier, and river support value, and the base, West, and East sections differ in amenities and dues. The honest approach is to confirm the section, comp a home against the closest specific same-section sale, verify the water access and the flood zone, and weigh the low dues and the condition as part of the price.

Pelican Cove in 15 seconds.

Best forBuyers who want an affordable riverside single-family home with community water access near the Indian River.
Strong onValue and access: low dues, a boat ramp and pier, and in some sections a community pool, near New Smyrna Beach.
WatchSection confusion, since amenities and dues differ across the base, West, and East sections.
Not forBuyers who want a gated, amenity-rich, or new-construction community, or a large home.
The edgeReal community water access, a boat ramp and pier, at low dues and an affordable Edgewater price.

HOA, CDD & Fees

15-Second Take
  • Dues are low and differ by section (base, West, East).
  • The East section reports around $75 per year plus a one-time fee.
  • Amenities such as the pool, boat ramp, and pier differ by section; confirm for the home.

Dues are low and vary by section. The Pelican Cove East homeowners association was reported around $75 per year plus a one-time $100 fee; the West section references a low HOA and a community pool for a nominal annual fee, with the exact dollar figure unconfirmed. Confirm the current dues, any pool or ramp fees, and the access rules with the association for the specific section.

The dues fund the community's water access and common areas, with the specific amenities (pool, boat ramp, pier, dock, clubhouse) differing by section; confirm what is included for the section.

There is no golf or private club membership; the dues fund the community water access and, in some sections, a clubhouse pavilion and pool.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across the Jacksonville metro for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus the Jacksonville metro average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Pelican Cove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Riverfront, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Pelican Cove home worth?

Get a no-obligation home value based on real comparable sales in Pelican Cove matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Pelican Cove year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Pelican Cove Market Scorecard

Buyer-Leaning Market (limited data)

Pelican Cove is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $1,200,000, and homes go under contract in about 25 days.

6.0
Months supply
$1,200,000
Median list
$257,450
Median sold
$169
Per sqft
25
Days on mkt
1/0/2
Active/Pend/Sold

Typical home value in the 32141 ZIP is $299,151, right around the Florida norm (Zillow Home Value Index).

Zoom out for the wider market: ZIP market scorecard · county scorecard.

Live data: © 2026 Daytona Beach Area Association of REALTORS®, Inc. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Pelican Cove?
It is a riverside single-family community in Edgewater, Volusia County, ZIP 32141, near the Indian River, immediately south of New Smyrna Beach (neighborhoods.com; RE/MAX, 2026).
Is this the same as Pelican Cove in Sarasota?
No. The Edgewater Pelican Cove is a separate single-family community, distinct from the gated Pelican Cove condominium in Sarasota; none of that community's facts apply here.
What sections make up Pelican Cove?
It includes the base Pelican Cove plus Pelican Cove West and Pelican Cove East; amenities and dues differ by section, so confirm which one a home is in (RE/MAX; HOA directory, 2026).
Does it have water access?
Yes. The community offers real water access near the Indian River, including a boat ramp and pier, with a clubhouse pavilion and dock in the East and a community pool in the West; confirm the access for the specific section (HOA directory; neighborhoods.com, 2026).
What are the dues?
Dues are low and vary by section; the East section was reported around $75 per year plus a one-time fee, and the West references a low HOA and a nominal pool fee. Confirm the current figures with the association (HOA directory, 2026).
What kinds of homes are here?
Predominantly modest single-family homes, roughly two-bedroom near 1,200 square feet in the base section and three-bedroom near 1,300 square feet in the West (neighborhoods.com, 2026).
What do homes cost?
Pelican Cove West listings were cited roughly $220,000 to $400,000 against an Edgewater median list near $335,000 in 2026 (Homes.com; Movoto, 2026). Comp a home against the closest specific same-section sale.
Is there a boat ramp?
Yes. The community has a boat ramp and pier near the Indian River; confirm the access and any dock or slip availability for the specific section.
What schools serve Pelican Cove?
It is in the Volusia County Schools district, with assignments cited as Indian River Elementary, New Smyrna Beach Middle, and New Smyrna Beach High; verify the current zoned schools for the address with the district locator before you rely on them.
How far is the beach?
The New Smyrna Beach Atlantic beaches are roughly a fifteen-to-twenty-minute drive east across the Indian River (approximate; confirm for the specific route).
Is it on the water?
The community is near the Indian River with shared water access; whether a specific home has direct river frontage should be confirmed per lot.
Is Pelican Cove a good place to buy?
It offers affordable riverside single-family living with real water access at low dues, but because amenities and dues differ by section, the section, the lot, and the condition, not a city-wide average, decide whether a given home is a sound buy.
You want an affordable riverside single-family home with water accessExcellent fit
You value a community boat ramp, pier, and dock near the Indian RiverExcellent fit
You are comfortable confirming the section, dues, and amenitiesExcellent fit
You want a gated, amenity-rich, or new-construction communityProbably not
You want a large homeProbably not
You expect the Sarasota Pelican Cove condo's amenitiesProbably not

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