ST. AUGUSTINE, Fla. -

A 47-year-old St. Johns County man was arrested Thursday morning on a charge of cultivation of cannabis following the execution of a search warrant on his property.

Michael Colvin, 47, was booked into the St. Johns County jail and released Thursday afternoon after posting $5,000 bond.

The Sheriff's Office and Florida Department of Law Enforcement executed a search warrant at Colvin's home in the 6800 block of Tammy Lane in St. Augustine.

Deputies said an anonymous tip led them to the home, where they found an elaborate marijuana growing operation. In two separate buildings located on the property, investigators seized 157 marijuana plants in various stages of growth and a stolen shotgun.

The estimated street value of the confiscated cannabis is $157,000.

Deputies said additional charges are pending further investigation.