Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

12799 CAMELLIA BAY Drive E, Jacksonville, FL 32223 (MLS# 2170544)

12799 CAMELLIA BAY Drive E, Jacksonville, FL 32223

$3,350,000

Virtual Tour

https://media.openhouseoptics.com/sites/ekdwbbvo/unbranded

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Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 8,222 Lot Size (sq. ft.): 55,321 Status: Active

Current Price: $3,350,000 List Date: 10/23/2026 Last Modified: 11/04/2026

Overview

Description

Wake up to breathtaking water views and experience the ultimate Florida waterfront lifestyle from this extraordinary estate situated on 1.27 acres along 195 feet of waterfront frontage on Julington Creek, with direct access to the St. Johns River. Deep navigable water makes this a boater's dream, featuring a 10,000-lb boat lift, room for a larger vessel alongside, accommodations for two jet skis, and an expansive dock perfect for entertaining, fishing, or enjoying spectacular sunsets. Water views greet you upon entry and extend throughout much of the home, creating a seamless connection between luxury living and the natural beauty beyond. Thoughtfully updated and meticulously maintained, recent improvements include a new roof (2026), extensive interior painting, new flooring, HVAC upgrades, landscaping enhancements, and a solar system that reduces energy costs by nearly two-thirds. A rare opportunity to own a private waterfront retreat in one of NE FLORIDA'S MOST DESISRABLE LOCATIONS.

Supplements: BUYER TO VERIFY SQAURE FOOTAGE Seller's preferred lender to offer a lender credit equal to 1% of the loan amount, up to a maximum credit of $5,000, toward the buyer's closing costs, prepaid expenses, or rate buydown. Financing offered by Bayway Mortgage Group, Edward Carlton. Conditions apply.

Listing Details MLS# 2170544

General Property Information

Bedrooms Total: 7
Bathrooms Full: 7
Bathrooms Total: 7
Living Area: 8222
Living Area Source: Owner
Year Built: 1996
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 1.27
Association YN: Yes
Association Fee: 100
Association Fee Frequency: Monthly
Association Name: Elm Services Inc
Association Phone: 904-241-8886
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 4
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 195
Stories: 2
Senior Community YN: No
Directions: South on San Jose Blvd. Turn left on Julington Creek Rd. Creekside will be on right. After turning into the community continue onto Camellia Bay Dr E. Home is entered through culdusac gates
Public Remarks: Wake up to breathtaking water views and experience the ultimate Florida waterfront lifestyle from this extraordinary estate situated on 1.27 acres along 195 feet of waterfront frontage on Julington Creek, with direct access to the St. Johns River. Deep navigable water makes this a boater's dream, featuring a 10,000-lb boat lift, room for a larger vessel alongside, accommodations for two jet skis, and an expansive dock perfect for entertaining, fishing, or enjoying spectacular sunsets. Water views greet you upon entry and extend throughout much of the home, creating a seamless connection between luxury living and the natural beauty beyond. Thoughtfully updated and meticulously maintained, recent improvements include a new roof (2026), extensive interior painting, new flooring, HVAC upgrades, landscaping enhancements, and a solar system that reduces energy costs by nearly two-thirds. A rare opportunity to own a private waterfront retreat in one of NE FLORIDA'S MOST DESISRABLE LOCATIONS.
List Price/SqFt: 407.44

Property Features

Architectural Style: Traditional Levels: Two Appliances: Convection Oven; Dishwasher; Double Oven; Electric Oven; Gas Cooktop; Gas Water Heater; Ice Maker; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned; Wine Cooler Fireplace Features: Double Sided; Gas; Wood Burning Interior Features: Breakfast Bar; Butler Pantry; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Skylight(s); Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Flooring: Luxury Vinyl; Tile Laundry Features: Electric Dryer Hookup; Lower Level; Sink; Washer Hookup Utilities: Cable Available; Electricity Available; Water Connected; Propane Cooling: Central Air; Multi Units; Zoned Heating: Central; Electric; Zoned Electric: 200+ Amp Service Water Source: Public Sewer: Septic Tank Smart Home Features: Carbon Monoxide Detector; Irrigation; Programmable Thermostat; Security; Smoke Detector Security Features: Carbon Monoxide Detector(s); Closed Circuit Camera(s); Entry Phone/Intercom; Fire Alarm; Security Gate; Security System Owned; Smoke Detector(s) Construction Materials: Stucco Other Structures: Outdoor Kitchen Exterior Features: Balcony; Boat Lift; Boat Slip; Courtyard; Dock; Fire Pit; Impact Windows; Outdoor Kitchen Patio And Porch Features: Covered; Deck; Patio Pool Features: In Ground; Gas Heat; Heated; Salt Water; Waterfall Roof: Shingle Parking Features: Additional Parking; Attached; Circular Driveway; Covered; Garage; Garage Door Opener; Gated; RV Access/Parking; Secured Lot Features: Corner Lot; Cul-De-Sac; Sprinklers In Front; Sprinklers In Rear View: Pool; River Water Body Access Type: Navigable Waterfront Features: Navigable Water; Ocean Access; River Access; River Front; Seawall Fencing: Full; Wrought Iron Current Use: Residential; Single Family Road Frontage Type: City Street Road Surface Type: Asphalt Possession: Negotiable Listing Terms: Cash; Conventional; FHA; VA Loan

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-10-22

Location Tax and Legal

Street Number: 12799
Street Name: CAMELLIA BAY
Street Suffix: Drive
Street Direction Suffix: E
County: Duval
State: FL
Postal Code: 32223
MLS Area Major: 014-Mandarin
Subdivision Name: Creekside

Status Change Information

Major Change Timestamp: 2026-10-23T02:01:42Z
Major Change Type: New Listing

Fireplace Features

Fireplaces Total: 2

More Information

Green Energy

Ownership: Seller Owned

DPR Eligible

DPR Eligible: No

Documents

HOA Disclosure ›

Listing Office: LA ROSA REALTY NORTH FLORIDA, LLC.

Last Updated: November - 04 - 2026

Information deemed reliable but not guaranteed.