The much-anticipated sale of HGTV’s 2008 Dream Home has sparked interest as the property is currently on the market for a staggering £14.9 million ($14.9 million). Nestled in the picturesque setting of Islamorada, Florida, this luxurious estate has been characterised in its listing as a “private resort,” a far cry from its original conception as a residential dream prize.
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Originally valued at £2.2 million, the 3,200-square-foot home was first won by an Iowa couple, Stephanie and Tommy Dee, during the popular HGTV competition almost 15 years ago. However, despite the excitement surrounding their victory, the Dees opted not to reside in the house. Instead, they chose to accept the cash equivalent of their winnings, allowing them to pursue other ventures, though their decision meant the house would soon be on the market again.
Since its debut as a competition prize, the home has undergone several changes in ownership. It was first sold in 2009 and then again in 2021, when it changed hands for $8 million. The latest owner has devoted significant resources to revamp the property, enhancing it to reflect the ideals of a luxury resort. This includes constructing three separate buildings on the estate, adding an impressive array of amenities.

Among the features of the current listing is the main house, which boasts two bedrooms and two bathrooms. In addition, the property includes a guesthouse with three bedrooms and three bathrooms, along with a “media house” that offers one bedroom and a bathroom, as well as a garage suitable for two vehicles. This layout provides ample space for entertaining and accommodating visitors, all while maintaining a private atmosphere.
One of the standout features of this transformed estate is a sprawling backyard that showcases a sensational 100-foot swimming pool, complete with an adjacent cabana. This outdoor oasis is ideal for social gatherings or simply enjoying the warmth of the Florida sun, making the property highly desirable for potential buyers seeking a luxurious retreat.
The HGTV Dream Home sweepstakes has been a staple of American television since its inception in 1997, showcasing unique properties built across various locations in the United States, from Jackson, Wyoming, to Stowe, Vermont. The 2026 iteration of the competition has resulted in a property situated on the shores of Lake Wylie near Charlotte, North Carolina, valued at £2.4 million.
With this current listing, fans of HGTV have a rare opportunity to own a piece of television history. The allure of a property with such a unique background, combined with modern renovations and extensive amenities, ensures that it will attract significant attention in the real estate market.
As HGTV continues to capture the imagination of audiences, the 2008 Dream Home represents a unique chapter in the network’s legacy. Prospective buyers, eager to claim their dream retreat in the Florida Keys, are now faced with the exciting potential of making this grand property their own.
