Aerial view of Cypress Cove

Cypress Cove
Homes for Sale in Satsuma, FL

Community in Satsuma · Putnam County · ZIP 32189
83 homesBuilt 1968–2024
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Built fromLive realMLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · Cypress Cove Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
30%
Owner-occupied · Cypress Cove
46 of 155 parcels homesteaded (FL DOR 2025)
70%
Non-owner-occupied · Cypress Cove
incl. 13% trust or LLC-held · 16% out-of-state
83
Homes in the community
plus 72 vacant residential lots · 155 residential parcels (FL DOR 2025)
Track record · 19 years of records
11
Recorded sales · 2024-2025
median $145K · qualified sales on the county roll (FL DOR 2025)
1968–2024
Years homes were built
median 1993 · county roll (FL DOR 2025)
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 12, 2026

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.

Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.

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.

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.

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, 98 homes are on the market and 18% are under contract — a steady corner of Satsuma.

Across Putnam County, 831 homes are active and 155 pending (16% under contract).

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.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-10-25)

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.

If we were buying in Cypress Cove today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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.

Best Buy
Buyers comfortable evaluating condition and vintage rather than shopping a uniform price band.
Biggest Risk
Thin turnover and limited comps make valuation less formulaic.
Sweet Spot
A well-maintained home in the newer end of the build range.
Avoid If
You need consistent, move-in-ready inventory and predictable pricing.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers comfortable evaluating condition and vintage rather than shopping a uniform price band.
Biggest advantageA small, varied stock where an updated or newer home stands out clearly.
Biggest riskThin turnover and limited comps make valuation less formulaic.
Sweet spotA well-maintained home in the newer end of the build range.
Avoid ifYou need consistent, move-in-ready inventory and predictable pricing.
The takeaway

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.

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Real comps, not an automated estimate.

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 October 2026.

  1. July 2026
    Civic

    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
  2. June 2026
    Development

    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

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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.

Frequently Asked Questions

How many homes are in Cypress Cove?
The Florida DOR 2025 assessment roll shows 83 homes plus 72 vacant residential lots in Cypress Cove (public records).
What share of Cypress Cove is owner-occupied?
30% of Cypress Cove parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cypress Cove built?
Homes in Cypress Cove were built between 1968 and 2024, with a median year built of 1992.5 (FL DOR 2025 roll).
Who is the best real estate agent for Cypress Cove?
The best agent for Cypress Cove is one who actively works Satsuma and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cypress Cove.
How do I find a top Satsuma real estate agent who knows Cypress Cove?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cypress Cove and the wider Satsuma area.
Can Momentum Realty connect me with an agent for Cypress Cove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cypress Cove purchase or sale - no call center and no pressure.
Buyers seeking a smaller, straightforward footprint who will scrutinize condition before offeringExcellent fit
Value-minded buyers willing to take on an older home and budget for updatesExcellent fit
Buyers targeting the newer end of the build range and willing to pay for itExcellent fit
Buyers who need a large floor plan well above the roughly 1,265-square-foot medianProbably not
Buyers who want a deep pool of consistent, move-in-ready inventoryProbably not
Buyers who want formula-driven pricing and abundant comps to lean onProbably not

Nearby Communities

Explore more neighborhoods near Cypress Cove with Momentum Realty’s local guides.

Dunns Creek Retreat0.4 mi away · median $220K, 3 sales/12 moAcosta Grant0.5 mi away · median $315K, 3 sales/12 moRiver Oaks1.3 mi away · 199 homes, built 1950–24St Johns River Oaks11.3 mi away · 28 homes, built 1971–24St Johns R S Estates1.4 mi away · 431 homes, built 1950–24River Oak San Mateo1.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32189))
Under-contract sharesrealMLS records, as of 2026-10-25
Historical depthClosed-sale records back to 2007 (16 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.

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Thinking of selling in Cypress Cove? See the Putnam County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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