HGTV’s 2008 Dream Home Returns to the Market—as Part of $15 Million Private Islamorada Resort With 100-Foot Pool

A former HGTV Dream Home in the Florida Keys has been transformed into an astonishing waterfront compound and placed back on the market for $14.9 million—nearly double the price it was last sold for in 2021.The property, which is located in Islamorada, began as a single dwelling that was overhauled by HGTV experts and then unveiled as the Dream Home in 2008, when it was won by Iowa couple Stephanie and Tommy Dee.At the time, the house was valued at around $2.2 million. However, the winners opted not to keep the dwelling, instead choosing a cash prize. Soon after, the home was placed on the market and sold for $2 million.It has since changed hands on just a few occasions, in 2009 and then again in 2021, when it was sold for $8 million to a buyer who has now transformed the property into what listing agent Brett Newman with the Newman Team at Coldwell Banker Schmitt Real Estate Co. describes as a kind of private resort.“It started out years ago, in 2008, as the HGTV Dream Home Giveaway, and it has evolved since then,” Newman explains. “Space is at a premium here in the Keys, and this is like having literally your very own resort to hang out.”Loading...A former HGTV Dream Home in the ...