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.

275 FRESHWATER Drive, St. Johns, FL 32259 (MLS# 2142777)

275 FRESHWATER Drive, St. Johns, FL 32259

$775,000

Virtual Tour

https://www.zillow.com/view-imx/9d942e8c-3b2d-4a3c-ab56-c1674c8ecd40?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 4,118 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $775,000 List Date: 5/09/2026 Last Modified: 9/25/2026

Overview

Description

Welcome to this beautifully appointed Terrano Carolina model by Toll Brothers, located on a serene preserve lot in the highly sought-after Julington Lakes community of St. Johns, FL. This 4-bedroom, 3-bathroom home offers a perfect blend of elegance and comfort, with gorgeous wood flooring flowing throughout the main level, where you'll find a private office and a convenient guest bedroom. Upstairs, a spacious loft provides a versatile retreat alongside the luxurious primary suite and two additional bedrooms. Meticulously maintained and truly move-in ready, the home showcases fresh coastal-modern design with thoughtful architectural details throughout. Beyond the home, residents enjoy the charm of a gated community rich with amenities, including a clubhouse, fitness center with yoga room, resort-style pool with lap lanes, tennis and basketball courts, and a welcoming pavilion overlooking the kayak and paddleboard launch. This is more than a home--it's a lifestyle.

Listing Details MLS# 2142777

General Property Information

Bedrooms Total: 4
Bathrooms Full: 3
Bathrooms Total: 3
Living Area: 3244
Living Area Source: Appraiser
Building Area Total: 4118
Year Built: 2019
Accessory Dwelling Unit Y/N: No
Homestead YN: Yes
Lot Size Acres: 0.2
Association YN: Yes
Association Fee: 188
Association Fee Frequency: Monthly
Association Fee 2: 775
Association Fee 2 Frequency: One Time
Association Name: May Management
Association Phone: 904-940-1002x982
CDD Fee YN: No
Accessibility Features YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: From 95, take exit for CR 210. Head west to Russell Sampson Rd. Follow until it becomes Long Leaf Pine Parkway. At Julington Lakes, make a right into community. Make a left on Freshwater Dr. Home on left, 275.
Public Remarks: Welcome to this beautifully appointed Terrano Carolina model by Toll Brothers, located on a serene preserve lot in the highly sought-after Julington Lakes community of St. Johns, FL. This 4-bedroom, 3-bathroom home offers a perfect blend of elegance and comfort, with gorgeous wood flooring flowing throughout the main level, where you'll find a private office and a convenient guest bedroom. Upstairs, a spacious loft provides a versatile retreat alongside the luxurious primary suite and two additional bedrooms. Meticulously maintained and truly move-in ready, the home showcases fresh coastal-modern design with thoughtful architectural details throughout. Beyond the home, residents enjoy the charm of a gated community rich with amenities, including a clubhouse, fitness center with yoga room, resort-style pool with lap lanes, tennis and basketball courts, and a welcoming pavilion overlooking the kayak and paddleboard launch. This is more than a home--it's a lifestyle.
List Price/SqFt: 251.23
Sold Price/SqFt: 238.9

Property Features

Architectural Style: Craftsman Levels: Two Appliances: Dishwasher; Disposal; Gas Cooktop; Microwave; Refrigerator; Tankless Water Heater; Water Softener Owned Interior Features: Breakfast Nook; Eat-in Kitchen; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower Flooring: Carpet; Wood Laundry Features: Electric Dryer Hookup; Sink; Washer Hookup Utilities: Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Security Features: Security Gate Construction Materials: Fiber Cement Patio And Porch Features: Front Porch; Rear Porch Roof: Shingle Parking Features: Garage Lot Features: Sprinklers In Front; Sprinklers In Rear View: Protected Preserve Current Use: Residential; Single Family Association Amenities: Basketball Court; Clubhouse; Community Pool; Fitness Center; Gated; Jogging Path; Maintenance Grounds; Playground; Tennis Court(s) Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; VA Loan Contingency Reason: Inspection