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.

237 FELLS Cove, St. Johns, FL 32259 (MLS# 2164536)

237 FELLS Cove, St. Johns, FL 32259

$1,575,000

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,307 Lot Size (sq. ft.): 24,829 Status: Pending

Current Price: $1,575,000 List Date: 9/17/2026 Last Modified: 11/06/2026

Overview

Description

''FIVE STAR RESORT-LIKE OUTDOOR LIVING SPACE'' complements this custom residence within an outstanding 21 home gated community at Riverside at Rivertown! The community features estate-like custom homes with 1/2 acre+ lots. The home features over $250k in post-construction upgrades, including a stunning saltwater pool/spa with lounge seating, an outdoor wood burning fireplace, full summer kitchen, Indoor/Outdoor Premium Sonos Sound System, 24k Whole House Generac. Beautifully landscaped lawn with accent lighting. Interior features include wood floors, plantation shutters, custom built-ins, extensive trim, coffered ceiling, custom closets, bedroom suites with private baths, upgraded lighting and laundry with new comfort height LG washer and dryer. Chef's dream kitchen features Thermador appliances, farm sink, walk-in pantry, quartz, and custom cabinetry. Private owners wing features bay window, tray ceiling, his and hers closets, dressing mirror, free standing tub and door to lanai.

Listing Details MLS# 2164536

General Property Information

Bedrooms Total: 4
Bathrooms Full: 4
Bathrooms Half: Yes
Bathrooms Total: 5
Living Area: 3724
Living Area Source: Public Records
Building Area Total: 5307
Year Built: 2020
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.57
Lot Size Dimensions: 62x164x198x209
Association YN: Yes
Association Fee: 2400
Association Fee Frequency: Annually
Association Name: Riverside at Rivertown Homeowners Assn.
Association Phone: 904-592-4090
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: Yes
Water Body Access YN: Yes
Waterfront YN: No
Furnished: Negotiable
Stories: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: Travel south on SR 13 passed Greenbriar Rd towards Rivertown. Take a right on Fells CV., go into private gated community of 21 homes. 237 is just before the end of cul-de-sac on the left.
Public Remarks: ''FIVE STAR RESORT-LIKE OUTDOOR LIVING SPACE'' complements this custom residence within an outstanding 21 home gated community at Riverside at Rivertown! The community features estate-like custom homes with 1/2 acre+ lots. The home features over $250k in post-construction upgrades, including a stunning saltwater pool/spa with lounge seating, an outdoor wood burning fireplace, full summer kitchen, Indoor/Outdoor Premium Sonos Sound System, 24k Whole House Generac. Beautifully landscaped lawn with accent lighting. Interior features include wood floors, plantation shutters, custom built-ins, extensive trim, coffered ceiling, custom closets, bedroom suites with private baths, upgraded lighting and laundry with new comfort height LG washer and dryer. Chef's dream kitchen features Thermador appliances, farm sink, walk-in pantry, quartz, and custom cabinetry. Private owners wing features bay window, tray ceiling, his and hers closets, dressing mirror, free standing tub and door to lanai.
List Price/SqFt: 422.93

Property Features

Architectural Style: Ranch Levels: One Rental Restrictions: 6 Months Appliances: Convection Oven; Dishwasher; Disposal; Dryer; Electric Oven; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Washer; Water Softener Owned; Wine Cooler Fireplace Features: Free Standing; Gas; Outside; Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Kitchen Island; Open Floorplan; Primary Bathroom - Tub with Shower; Primary Bathroom -Tub with Separate Shower; Smart Home; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Flooring: Carpet; Plank in Flooring; Stone; Tile; Wood Laundry Features: Electric Dryer Hookup; Sink; Washer Hookup Utilities: Cable Available; Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Available; Water Connected Cooling: Central Air Heating: Central; Electric; Heat Pump Electric: 200+ Amp Service; Underground; Whole House Generator Water Source: Public Sewer: Public Sewer Smart Home Features: Irrigation; Security; Shade Control; Smoke Detector Security Features: 24 Hour Security; Security Lights; Smoke Detector(s) Construction Materials: Fiber Cement Exterior Features: Outdoor Kitchen Patio And Porch Features: Covered; Front Porch Pool Features: In Ground; Fenced; Heated; Salt Water Spa Features: Heated; In Ground Roof: Shingle Parking Features: Attached; Garage Door Opener; Gated Lot Features: Cul-De-Sac; Dead End Street; Sprinklers In Front; Sprinklers In Rear; Wooded View: River; Trees/Woods Water Body Access Type: Public Accessible Fencing: Back Yard; Other Current Use: Residential Association Amenities: Other Association Fee Includes: Maintenance Grounds; Other Community Features: Gated; Street Lights Road Frontage Type: State Road Road Surface Type: Paved Possession: Negotiable Listing Terms: Cash; Conventional Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Dining Room; Family Room; Kitchen; Office; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2026-09-11

Location Tax and Legal

Street Number: 237
Street Name: FELLS
Street Suffix: Cove
County: St. Johns
State: FL
Postal Code: 32259
MLS Area Major: 302-Orangedale Area
Subdivision Name: Riverside At Rivertown

Status Change Information

Major Change Timestamp: 2026-11-05T02:04:52Z
Major Change Type: Status Change
Price Change Timestamp: 2026-09-23T12:31:54Z
Purchase Contract Date: 2026-11-04

Fireplace Features

Fireplaces Total: 2

More Information

Smart Home Features

Other: Pool, accent lights, & Sonos

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
Office Level: Main
Primary Bedroom Level: Main

Room Information

Room Name	Level	Length	Width
Family Room	Main	26.11	16.70
Kitchen	Main	14.40	18.70
Dining Room	Main	17.50	12.30
Office	Main	15.50	12.30
Primary Bedroom	Main	14.60	17.20
Bedroom 2	Main	13.90	14.00
Bedroom 3	Main	14.00	13.00
Bedroom 4	Main	12.60	13.60

Documents

Seller's Disclosure ›

Listing Office: US REALTY HUB

Last Updated: November - 06 - 2026

Information deemed reliable but not guaranteed.