, HOMESTEAD, FL, 33031
Active54 days on marketListed May 27, 2026MLS #A12026395
About this home
SHANGRILA ESTATE: 5-ACRE PRIVATE SANCTUARY & COMPOUND Welcome to Shangrila, a tranquil 5-acre retreat and gateway to South Florida’s secluded splendor. Situated on a sprawling corner lot, this sustainable, income-producing estate offers a lifestyle steeped in natural charm. Wander through lush landscapes & rolling gardens where peacocks and wildlife roam. The centerpiece is a stunning koi pond featuring a footbridge to a private island & gazebo—the ultimate space for serenity or sunset views. The 6,850 total SF residence serves as a high-quality original canvas for your vision, featuring a newer roof and a massive 30kW high-capacity solar system. • CULINARY HUB: Chef’s kitchen - GE Monogram SS apps, granite counters, & Reverse Osmosis water treatment. • PRIMARY RETREAT: Secluded wing with Jacuzzi spa-bath and private cedar sauna • GREAT ROOM: Massive Chicago brick fireplace flowing into an expansive 60-ft screened veranda • GRAND DINING: Stately room with Spanish Alabaster chandelier and 18ft+ ceilings • LIBRARY: Custom oak millwork and soaring ceilings • GUEST QUARTERS: Private 1/1 with full kitchen & separate entry • Oversized 3-car garage/workshop + 2 RV pads with utility hook-ups • A substantial, custom-built orchid house, perfect for the professional or hobbyist horticulturist. • Active nursery lease, productive fruit groves, aquaculture permits, and existing agriculture exemption. An extraordinary escape of stature and serenity.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
4,736
Sqft
3
Garage
2005
Year built
$623
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$19,323 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$19,323/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Homestead actives
$623 vs $268
Days on market
54 vs 1 typical
Where $623/sqft sits among the 399 Homestead actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Homestead
Get to know Homestead. See the full Homestead guide →
HOMESTEAD 33031 — neighborhood snapshot
Population
7,795
Median age
43.9
Median income
$107,460
Median home value
$467,100
Avg household
3.35
Households w/ children
1,001
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Homestead market
$490K → $428K
Homestead median sold, yr/yr
98.7%
Sale-to-list ratio (12 mo)
84 of 399
Homestead actives have cut their price
Median sold price, Homestead, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 230% above the HOMESTEAD 33031 median. See the full Homestead market guide →
Paper trail
This home's history
Reality check
What actually sold near
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$1,610,000
26800 SW 202nd Ave, Homestead FL 33031
4 bd · 6 ba · 5,363 sqft · $300/sqft · 12 DOM
Sold · Nov ’25$1,450,000
21059 SW 238th St, Homestead FL 33031
5 bd · 4 ba · 3,827 sqft · $379/sqft · 91 DOM
Sold · Dec ’25$2,850,000
23400 SW 192nd Ave, Homestead FL 33031
4 bd · 4 ba · 3,764 sqft · $757/sqft · 81 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $19,323/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $25,664. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Homestead?+
At $2,950,000, this home is listed about 594% above the Homestead median of $425,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
South Dade Senior High School (high), Redland Elementary School (elementary), Redland Middle School (middle), Title I Migrant Education Program (), Instructional Center System Wide (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$2,950,000 runs 230% above the HOMESTEAD 33031 median — but at 4,736 sqft it's also nearly 3 times the size of the typical Homestead listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
54 days on market against a Homestead median of 1 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of Reategui R.E. & Investments · Gabriel Reategui. MLS #A12026395.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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