Cypress Cove
Homes for Sale in Satsuma, FL
All 50 homes for sale in Satsuma, FL · median $237,450 · 60 homes for sale in 32189 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and individual home characteristics, not by a uniform product. With a build range spanning from 1968 to 2024 and a median year built around 1992, Cypress Cove is a patchwork of vintages — original older homes, mid-cycle builds, and a handful of brand-new construction. That spread means two similar-sized homes can carry very different values depending on updates, systems, and lot.
For buyers, this is a market where inspection and condition matter more than the address alone. For sellers, presentation and documented updates are what separate your home from the older stock. With only 83 homes and a homestead share near 30 percent, turnover is thin and comps are limited, so pricing takes real local judgment rather than a formula.
Nearby homes for sale
No active listings inside Cypress Cove right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Cypress Cove is a small Satsuma community in Putnam County with a wide mix of home ages and modest median living space — around 1,265 square feet — where condition and vintage, not a single price band, define value.
realMLS (Northeast Florida) sales records identify 16 homes in Cypress Cove that have changed hands since 2007, built between 1972 and 2015 (median 2002), with a median living area of about 1,512 sq ft and a typical 3-bedroom, 2-bath layout. Source: realMLS (Northeast Florida) closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 11 qualified sales in Cypress Cove across 2024–2025 (7 in 2024, 4 in 2025), median $144,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Cypress Cove is best for.
Best for
- Buyers seeking a smaller, straightforward footprint who will scrutinize condition before offering
- Value-minded buyers willing to take on an older home and budget for updates
- Buyers targeting the newer end of the build range and willing to pay for it
Probably not for
- Buyers who need a large floor plan well above the roughly 1,265-square-foot median
- Buyers who want a deep pool of consistent, move-in-ready inventory
- Buyers who want formula-driven pricing and abundant comps to lean on
The market around Cypress Cove
Cypress Cove is too small for its own price trend, so here is the market around it.
In ZIP 32189, 81 homes are on the market and 24% are under contract — a steady corner of Satsuma.
Across Putnam County, 701 homes are active and 163 pending (19% under contract).
In ZIP 32189 (Satsuma), 76 homes closed in the last 12 months at a median of $164K ($144/sq ft), down 5.3% year over year, with a median 68 days on market. See the live ZIP 32189 housing market and the Putnam County market.
ZIP and county figures describe the wider market, not Cypress Cove specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Cypress Cove, Satsuma
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Recent Developments in Cypress Cove
Development, infrastructure, retail, and school activity affecting Cypress Cove, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Civic
Flagler County adopts one year data center moratorium
Flagler County commissioners unanimously adopted a one year moratorium on new data center siting in unincorporated areas at their July 13, 2026 meeting. Officials said the pause allows staff to develop zoning and land use standards for the emerging industry.
What it may mean for the marketA one year pause on new data center siting in unincorporated areas holds large industrial land uses in place while the county drafts zoning and land use standards, keeping the current pattern of available industrial and commercial land unchanged for now. The site is about 6 miles north of Cypress Cove.
Source: Flagler County Buzz - June 2026Development
Palm Coast approves an 82,000-square-foot warehouse complex where Alleima will expand
Palm Coast approved a two-building, 82,000-square-foot warehouse complex on 7.5 acres at 5 Commerce Boulevard in June 2026. Manufacturer Alleima will occupy one building and add 30 to 50 employees, with the second building marketed to other industrial tenants.
What it may mean for the marketNew industrial space and manufacturing jobs in Palm Coast strengthen the local employment base, a factor that can support housing demand nearby. The site is about 10 miles north of Cypress Cove.
Source: FlaglerLive
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Cypress Cove buying strategy.
If we were buying in Cypress Cove today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cypress Cove.
A mixed-vintage pocket in Putnam County
The defining feature here is age diversity. Homes date from 1968 through 2024, with the median build landing around 1992. That means you will find aging original construction next to homes that are barely broken in, and everything in between. The median living area sits near 1,265 square feet, so this is a market of smaller, straightforward footprints rather than sprawling floor plans.
With 83 homes total and a homestead share under a third, a meaningful portion of the stock is non-owner-occupied. That has practical implications: fewer listings turn over, condition varies widely, and a well-maintained or updated home stands out sharply against older inventory. Buyers should budget for the possibility of deferred maintenance on older homes; sellers with newer or renovated properties have a genuine differentiator.
The location and the amenities are priced into every listing in Cypress Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small community with thin turnover and a wide range of home ages, comps are scarce and easy to misread. We price on condition and vintage rather than a blanket per-square-foot number, and we will tell you plainly when an older home carries risk you should account for or when a newer one deserves a premium.
Cypress Cove in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Cypress Cove buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cypress Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cypress Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cypress Cove home worth?
Get a no-obligation home value based on real comparable sales in Cypress Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Cypress Cove?
What share of Cypress Cove is owner-occupied?
When were the homes in Cypress Cove built?
Who is the best real estate agent for Cypress Cove?
How do I find a top Satsuma real estate agent who knows Cypress Cove?
Can Momentum Realty connect me with an agent for Cypress Cove?
Should you buy in Cypress Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32189)) |
| Under-contract shares | realMLS records, as of 2026-09-12 |
| Historical depth | Closed-sale records back to 2006 (27 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Cypress Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
Schools serving nearby communities
We do not have a confirmed school assignment for Cypress Cove. These are the public schools most often assigned to other communities in ZIP 32189; zones change and vary by address, so confirm with the district before you buy.
- Palatka Jr.-Sr. High School · 7-12 -- confirm zoning by address (assigned to 5 nearby communities)
- Robert H. Jenkins Jr. Middle School · Middle (assigned to 4 nearby communities)
- James A. Long Elementary School · Elementary · FLDOE grade B (assigned to 4 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).
Nearby Communities
Explore more neighborhoods near Cypress Cove with Momentum Realty’s local guides.
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