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.

201 S MILL RIDGE Trail, Ponte Vedra Beach, FL 32082 (MLS# 2075373)

201 S MILL RIDGE Trail, Ponte Vedra Beach, FL 32082

$1,135,000

Virtual Tour

https://my.matterport.com/show/?m=PGwYLwx5Lq4&brand=0&mls=1&

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 3,766 Lot Size (sq. ft.): 12,197 Status: Closed

Current Price: $1,135,000 List Date: 3/13/2025 Last Modified: 4/18/2025

Overview

Description

Following an impressive $400,000 renovation, this Sawmill Lakes Pool home has the perfect blend of sophistication & comfort across 3,001 sf of interior living along with 1500 sf of outdoor screened living. From the paver drive & side-entry garage, step through the commercial-grade double front doors to the spacious dining & living rooms both with fantastic views of the home & outdoor resort-style living space. Adjacent is the huge heart-of-the-home Great Room highlighted by the incredibly transformed kitchen. Stunning quartzite counters dramatically continue upward as the backsplash & cascade downward with a waterfall design. Bright white cabinetry with custom built-ins & pull-outs are accented with under-counter & over-cabinet LED lighting. The Samsung Bespoke appliance package with sleek white glass panels & smart connectivity includes a Fridge with double ice makers & dispensers. The gas range has a convection oven & air fryer making cooking a joy. Plenty of storage? Never.

Supplements: There's a custom California pantry closet. Stay engaged overlooking the breakfast nook and family room with gas fireplace surrounded with custom cabinetry. This entire space is sunlit with two walls of French Doors leading to the outdoor living space. The owner recently installed 15-french doors along the back of the home to allow for a seamless in ... (Read more)

Listing Details MLS# 2075373

General Property Information

Bedrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3001
Living Area Source: Public Records
Building Area Total: 3766
Year Built: 1999
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.28
Association YN: Yes
Association Fee: 778
Association Fee Frequency: Semi-Annually
Association Name: Sawmill Lakes HOA/Marsh Landing Mgmt
Association Phone: 904 273 3033
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: No
Waterfront YN: Yes
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: East
Directions: Palm Valley Road to entry of Sawmill Lakes. Sawmill Lakes Blvd to left on S Mill View Way to right on Woodmill Trace to end - home is in front of you.
Public Remarks: Following an impressive $400,000 renovation, this Sawmill Lakes Pool home has the perfect blend of sophistication & comfort across 3,001 sf of interior living along with 1500 sf of outdoor screened living. From the paver drive & side-entry garage, step through the commercial-grade double front doors to the spacious dining & living rooms both with fantastic views of the home & outdoor resort-style living space. Adjacent is the huge heart-of-the-home Great Room highlighted by the incredibly transformed kitchen. Stunning quartzite counters dramatically continue upward as the backsplash & cascade downward with a waterfall design. Bright white cabinetry with custom built-ins & pull-outs are accented with under-counter & over-cabinet LED lighting. The Samsung Bespoke appliance package with sleek white glass panels & smart connectivity includes a Fridge with double ice makers & dispensers. The gas range has a convection oven & air fryer making cooking a joy. Plenty of storage? Never.
List Price/SqFt: 398.2
Sold Price/SqFt: 378.21

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Water Heater; Gas Range; Ice Maker; Microwave; Refrigerator; Tankless Water Heater Fireplace Features: Gas Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Walk-In Closet(s) Flooring: Tile; Wood Laundry Features: Electric Dryer Hookup; Sink; Washer Hookup Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Exterior Features: Outdoor Kitchen Patio And Porch Features: Front Porch; Rear Porch; Screened Pool Features: In Ground; Electric Heat; Heated; Screen Enclosure Spa Features: Heated Roof: Shingle Parking Features: Garage; Garage Door Opener View: Canal Waterfront Features: Canal Front Current Use: Residential; Single Family Association Amenities: Barbecue; Basketball Court; Children's Pool; Clubhouse; Community Pool; Pickleball Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Primary Bedroom; Other Room

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2025-03-13

Location Tax and Legal

Street Number: 201
Street Direction Prefix: S
Street Name: MILL RIDGE
Street Suffix: Trail
County: St. Johns
State: FL
Postal Code: 32082
MLS Area Major: 262-Ponte Vedra Beach-W Of A1A-S Of Solana Rd
Subdivision Name: Sawmill Lakes

Status Change Information

Major Change Timestamp: 2025-04-18T14:17:06Z
Major Change Type: Status Change
Purchase Contract Date: 2025-03-18
Close Date: 2025-04-17
Close Price: 1135000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Room Types

Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Main
Dining Room Level: Main
Family Room Level: Main
Kitchen Level: Main
Primary Bedroom Level: Main
Other Room Level: Main

Room Information

Room Name	Level	Length	Width	Remarks
Dining Room	Main	12.33	11.00
Other	Main	16.67	13.00	Music Room
Kitchen	Main	13.08	14.83
Other	Main	11.00	9.50	Breakfast Nook
Family Room	Main	18.67	15.00	Fireplace
Primary Bedroom	Main	21.00	13.00
Bedroom 2	Main	12.00	11.00
Bedroom 3	Main	12.00	11.00
Bedroom 4	Main	12.00	11.33

Documents

Seller's Property Disclosure (include) ›

HOA Disclosure (include in offer) ›

Flood Disclosure (include in offer) ›

Floor Plan ›

Feature Sheet ›

Community Map ›

Listing Office: WATSON REALTY CORP

Last Updated: April - 18 - 2025

Information deemed reliable but not guaranteed.