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.

417 W MILL CHASE Court, Ponte Vedra Beach, FL 32082 (MLS# 2010182)

417 W MILL CHASE Court, Ponte Vedra Beach, FL 32082

$1,018,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,522 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $1,018,000 List Date: 2/23/2024 Last Modified: 3/02/2025

Overview

Description

Located in the desirable Sawmill Lakes community, minutes to the ''A'' rated Ponte Vedra Beach schools, the beach, St. John's County boat ramp, fantastic dining, and recreation/sports fields. Located on a quiet street in the neighborhood, on a cul de sac, this home provides and ideal setting. Spacious first floor owner's suite, plus 4 additional bedrooms and 2 full bathrooms on the 2nd floor. Sparkling pool and lanai overlooking a tranquil marsh, a perfect place to enjoy nature and great for bird watching! Large kitchen with 2 storage pantries opens to casual dining area and Family Room with built ins and a wood burning fireplace. Great neighborhood amenities including an Olympic size community pool, playground, pickle ball courts, basketball court, clubhouse, and open fields. No CDD fees!

Listing Details MLS# 2010182

General Property Information

Bedrooms Total: 5
Bathrooms Full: 3
Bathrooms Half: Yes
Bathrooms Total: 4
Living Area: 3316
Living Area Source: Estimated
Building Area Total: 3522
Year Built: 1999
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.24
Association YN: Yes
Association Fee: 740
Association Fee Frequency: Semi-Annually
Association Name: Marsh Landing Management
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: No
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Senior Community YN: No
Direction Faces: Northwest
Directions: TAKE A1A S TO PALM VALLEY RD/210, AT ROUNDABOUT, CONTINUE ON PALM VALLEY RD TO R INTO SAWMILL LAKES, L AT 2ND STOP ONTO S MILL VIEW WAY, R ON WOODMILL TRACE, L ONTO S MILL RIDGE, R ON WEST MILL CHASE CT
Public Remarks: Located in the desirable Sawmill Lakes community, minutes to the ''A'' rated Ponte Vedra Beach schools, the beach, St. John's County boat ramp, fantastic dining, and recreation/sports fields. Located on a quiet street in the neighborhood, on a cul de sac, this home provides and ideal setting. Spacious first floor owner's suite, plus 4 additional bedrooms and 2 full bathrooms on the 2nd floor. Sparkling pool and lanai overlooking a tranquil marsh, a perfect place to enjoy nature and great for bird watching! Large kitchen with 2 storage pantries opens to casual dining area and Family Room with built ins and a wood burning fireplace. Great neighborhood amenities including an Olympic size community pool, playground, pickle ball courts, basketball court, clubhouse, and open fields. No CDD fees!
List Price/SqFt: 331.72
Sold Price/SqFt: 307

Property Features

Architectural Style: Traditional Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Appliances: Dishwasher; Disposal; Electric Cooktop; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Water Softener Owned Fireplace Features: Wood Burning Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; His and Hers Closets; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Thermostat; Split Bedrooms; Walk-In Closet(s) Flooring: Carpet; Tile; Wood Laundry Features: Lower Level Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Central Water Source: Public Sewer: Public Sewer Construction Materials: Stucco Patio And Porch Features: Front Porch; Rear Porch; Screened Pool Features: In Ground; Pool Sweep; Screen Enclosure; Waterfall Roof: Shingle Parking Features: Garage; Garage Door Opener Lot Features: Sprinklers In Rear View: Creek/Stream; Pool; Trees/Woods Current Use: Residential; Single Family Association Amenities: Basketball Court; Children's Pool; Clubhouse; Community Pool; Park; Pickleball; Playground Road Surface Type: Asphalt Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Contingency Reason: Financing; Inspection Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Family Room; Kitchen; Living Room; Primary Bedroom

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2024-02-19

Location Tax and Legal

Street Number: 417
Street Direction Prefix: W
Street Name: MILL CHASE
Street Suffix: Court
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: 2024-06-11T21:24:49Z
Major Change Type: Status Change
Price Change Timestamp: 2024-03-28T00:36:00Z
Purchase Contract Date: 2024-05-06
Close Date: 2024-06-10
Close Price: 1018000

Fireplace Features

Fireplaces Total: Yes

More Information

DPR Eligible

DPR Eligible: No

Room Types

Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Dining Room Level: First
Family Room Level: First
Kitchen Level: First
Living Room Level: First
Primary Bedroom Level: First

Room Information

Room Name	Level	Length	Width
Primary Bedroom	First	29.00	23.00
Dining Room	First	18.00	11.00
Living Room	First	22.00	16.00
Kitchen	First	17.00	16.00
Family Room	First	22.00	15.00
Bedroom 2	Second	12.00	12.00
Bedroom 3	Second	12.00	11.00
Bedroom 4	Second	13.00	13.00
Bedroom 5	Second	13.00	15.00

Documents

HOA Addendum ›

Sawmill Lakes Rules & Regulations ›

SML Covenants and Restrictions ›

SML Bylaws ›

SML C&R Amendment #1 ›

Revised ARC Guidelines ›

Sellers Disclosure ›

1st Floor Floor Plan ›

Listing Office: PALM VALLEY REALTY PLLC

Last Updated: March - 02 - 2025

Information deemed reliable but not guaranteed.