Listing Details for MLS # O6240607
2903 Hill Street, New Smyrna Beach, Fl 32169

Residential Property - Single Family Residence in New Smyrna Beach

Listing Price: $12,500,000Days on Market: 52

Description of Property

This is an exceptional opportunity to own one of the most renowned, first of its kind, exclusive, private, 5-Star, Luxury Vacation Resorts, in the heart of New Smyrna Beach, Florida – JOY BY THE SEA. This iconic, luxurious, vacation compound, spanning over 3 lots, is recognized by its spectacular, all matching, bright blue metal roof tops. It is perfect for family vacations, weddings, reunions, parties, gatherings & more and is conveniently located in the short-term rental locale. Joy by the Sea features both a direct OCEANFRONT BEACH HOUSE with private pool & jacuzzi as well as SIX BEACHSIDE VILLAS that surround a refreshing, saltwater private pool amidst gorgeous, lush tropical landscaping. The exquisite, Coastal Mediterranean, Luxurious Beach House was completely remodeled in 2021 with impeccable attention to detail and a seamless blend of elegance & timeless charm. This leaves nothing to be desired with its unobstructed ocean views, mere footsteps to feeling sand & ocean water in your toes, with state of the art amenities, including a private sport pool with volleyball net, huge deck with jacuzzi tub, lounge chairs, outdoor kitchen with concrete wood-burning oven, 2 built-in charcoal grills, beverage fridge, covered patio with dining table & a 9-person bar top overlooking the pool and ocean. Inside, enjoy 2,600 SF of living space under central air, 3 levels, living room, dining room, gourmet kitchen with island, 4 bedrooms, 4 full baths, including 1 King bed, 2 Queen beds & 4 Twin beds to sleep 10 comfortably & 2 balconies offering breathtaking views any time of day. Directly across the street are the Six Upscale Beachside Villas which include two, 1-bedroom two-story units and four ,1-level Studios which, in total, sleep 32. Each are stylishly appointed, fully renovated with premium furnishings, high-end appliances, private washers & dryers, balconies on the 2-story units & all surrounding the private community pool, patio with lounge chairs and umbrella, also, an outdoor shower, gazebo, 2 outdoor grills, bicycles and concierge for any needs or requests. Location, location, location. While the Beach House has direct ocean access with its own private walkway, Joy by the Sea is situated right next to a public beach access for the convenience of the Villas. Enjoy being less than 2 miles from Flagler Avenue Beachfront where you can visit all of the family-owned & operated restaurants, shops and entertainment venues, embracing everything that New Smyrna Beach, Florida represents. Only 8 miles away is The Preserve at Turnbull Bay, 15 mins from Venetian Bay, 20 mins from Sugar Mill, Cypress Head Golf Club is within 14 miles & Daytona Beach Golf Club within 17 miles. Joy by the Sea is conveniently located within 22 miles of the Daytona Beach International Airport and within 35 miles of the Sanford International Airport. This is an incredible opportunity for anyone looking to invest in an income-producing, 5-Star, oceanfront compound which is an icon of New Smyrna Beach, Florida. Joy by the Sea is the epitome of luxury an exceptionalism & truly has it all. The ideal location for family vacations, reunions, weddings, corporate retreats & any event. Joy by the Sea is being offered as a package only, to include both the Beach House & all 6 Luxury Villas. Come preview this exceptional property for an outstanding investment opportunity as well as a privilege to own one of the most iconic properties in all of New Smyrna Beach, Florida.The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $4,422,250. This single family residence is listed at about 283% of the average asking price. This is the only 4 bedroom/4 bath single family residence between $11,200,000 and $13,800,000 currently listed for sale in this Zip code.