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.

173 OCEAN'S EDGE Drive, Ponte Vedra Beach, FL 32082 (MLS# 2006701)

173 OCEAN'S EDGE Drive, Ponte Vedra Beach, FL 32082

$1,200,000

Virtual Tour

https://vimeo.com/908635372?share=copy

Nestled on a secluded property, 173 Oceans Edge Dr is situated amidst a backdrop of trees and vibrant natural foliage to the east and south.

An impressive entryway guides you towards the front door.

The backyard is completely enclosed with a privacy fence and features a glistening pool.

In this photo, 173 Oceans Edge Dr is positioned to the right, enveloped on two sides by serene natural landscaping, creating a tranquil and private ambiance.

Proximity to the beach is just a stone's throw away!

Upon entering, you'll be welcomed by lofty ceilings and a modish staircase.

This space offers versatility, serving as a living room, office, or any other purpose you may envision.

The open floor plan includes a family room with a inviting fireplace and French doors that lead to the recently screened lanai, creating an ideal area for entertaining.

View from family room into kitchen area.

The recently screened lanai provides an ideal setting for bug-free evening cocktails while overlooking the pool and natural preserve.

The open kitchen features a storage-equipped island, stainless steel appliances, and a dedicated desk area.

Abundant natural light fills the spacious eat-in kitchen dining area.

The powder room is conveniently situated between the kitchen and the West Wing.

Within the West Wing Florida room, you'll find a shower—an ideal spot to freshen up after your morning jog or a day at the beach.

Step inside after a refreshing swim in the sparkling pool to savor a grilled burger and enjoy a refreshing beverage.

The view is breathtaking, offering tranquility and a picturesque outlook over the natural preserve.

The guest bedroom on the first floor is discreetly tucked away, ensuring privacy for your guests and conveniently located next to a full bath.

Recently updated, this full bath is conveniently located next to the guest bedroom.

On the second level, you'll discover three bedrooms and a full bathroom.

You have to see the view of Guana State Park!

Workshop area. Storage galore and exterior door.

The private flex room is versatile, serving as an office, game room, or den, complete with its own dedicated AC system.

Light streams into the upstairs bonus room, which boasts several closets for convenient storage.

The laundry room is equipped with a sink and ample storage cabinets.

French doors off the family room open to the newly screened lanai, providing a delightful space to savor morning coffee while taking in the sunrise and enjoying the melodic songs of birds.

The lush landscaping, adorned with Bird of Paradise, is absolutely picturesque!

Yes Micklers Beach is just around the corner! No hassle with parking as you can Bike or walk to the beach.

The lengthy driveway is adorned with Azaleas and various other landscaping elements. The Palm trees lining the driveway were recently trimmed.

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,358 Lot Size (sq. ft.): 13,939 Status: Closed

Current Price: $1,200,000 List Date: 2/02/2024 Last Modified: 3/02/2025

Overview

Description

This exceptional 5-bedroom, 4-bathroom pool home, located east of A1A is nestled among majestic 200-year-old Native Palms, Live Oaks, and native Magnolia. It is a haven for nature enthusiasts. Overlooking the expansive and protected Guana River Watershed to the Southeast, the property offers privacy and a serene retreat surrounded by lush greenery. Enjoy refreshing dips in the crystal-clear pool set amidst tropical gardens. The gracious foyer welcomes you with an open family room and kitchen area with updated flooring throughout the first floor. The Florida Room addition offers breathtaking sunrises and delightful evenings for grilling and cocktails. The kitchen boasts a large island, drop-in Induction 5 Burner Cooktop, built-in oven, and a generous casual dining area. The newly screened lanai brings the cool ocean breezes into the home. The rest of the main floor includes a separate living room, half bath located off the Florida room, the owner's suite, which offers amazing views

Supplements: of the tranquil preserve, a guest room and updated guest bath. The 2nd level offers three sizeable bedrooms with alluring views of the sunrise. The flex space over the garage makes a wonderful office for the remote worker. It is also a perfect space for a gym, movie room or playroom for the kids. Another bonus to this house is a fabulous 2-car gara ... (Read more)

Listing Details MLS# 2006701

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Total: 4
Living Area: 3358
Living Area Source: Public Records
Year Built: 1998
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.32
Association YN: Yes
Association Fee: 316
Association Fee Frequency: Quarterly
Association Name: Oceans Edge
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: 2
Senior Community YN: No
Directions: JTB south to A1A, approx 6 miles to Oceans Edge, just before Micklers. Enter gate, Turn right and Continue to 173 Oceans Edge Dr on your right.
Public Remarks: This exceptional 5-bedroom, 4-bathroom pool home, located east of A1A is nestled among majestic 200-year-old Native Palms, Live Oaks, and native Magnolia. It is a haven for nature enthusiasts. Overlooking the expansive and protected Guana River Watershed to the Southeast, the property offers privacy and a serene retreat surrounded by lush greenery. Enjoy refreshing dips in the crystal-clear pool set amidst tropical gardens. The gracious foyer welcomes you with an open family room and kitchen area with updated flooring throughout the first floor. The Florida Room addition offers breathtaking sunrises and delightful evenings for grilling and cocktails. The kitchen boasts a large island, drop-in Induction 5 Burner Cooktop, built-in oven, and a generous casual dining area. The newly screened lanai brings the cool ocean breezes into the home. The rest of the main floor includes a separate living room, half bath located off the Florida room, the owner's suite, which offers amazing views
List Price/SqFt: 372.25
Sold Price/SqFt: 357.36

Property Features

Architectural Style: Traditional Levels: Two Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Water Heater; Ice Maker; Induction Cooktop; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Kitchen Island; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Skylight(s); Walk-In Closet(s) Flooring: Tile; Vinyl Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Utilities: Cable Available; Electricity Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Smoke Detector(s) Construction Materials: Stucco Patio And Porch Features: Front Porch; Screened Pool Features: In Ground; Pool Sweep Roof: Shingle Parking Features: Attached; Garage; Garage Door Opener Lot Features: Dead End Street View: Protected Preserve Fencing: Back Yard; Full Current Use: Single Family Association Amenities: Gated Road Frontage Type: Private Road Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional