Gracewood Estates
Homes for Sale in St. Augustine, FL
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of PREMIER HOMES REALTY INC · via realMLS
As of November 2026, the MLS records 21 closed sales in Gracewood Estates in St. Augustine, FL since 2011, the most recent in June 2026. Across St. Augustine as a whole, 3,770 homes closed in the last 12 months at a median of $439,900, 50 median days on market, with 1,239 homes for sale today. At that median and St. Johns County's FY2025-26 rate of 13.47 mills, annual property tax runs about $5,920 ($5,410 with the full homestead exemption).
The honest constraint here is data: our current snapshot for Gracewood Estates in St. Augustine covers a narrow closing window, so there isn't a stable pricing story to lean on. What that means in practice is that any single sale can swing the apparent picture, and I'd treat headline figures from this community with more caution than usual.
For a buyer, that thin activity is a reason to underwrite each home on its own merits — condition, lot, and how it compares to the broader St. Johns County market — rather than assuming a settled neighborhood price. For a seller, it argues for careful positioning against nearby comparables, because there isn't enough recent local volume to set the price for you.
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
Gracewood Estates is a St. Augustine community in St. Johns County; with only a short window of recent closings on record, it reads today as a market where individual homes, not neighborhood averages, tell the story.
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 Gracewood Estates is best for.
Best for
- Buyers who want a St. Johns County address and are comfortable underwriting a home individually rather than by neighborhood trend
- Sellers prepared to position carefully against wider-area comparables instead of a fixed local price
- Value-focused buyers willing to do diligence on condition and lot to find the right property
Probably not for
- Buyers who need a deep bench of recent local sales to justify their offer
- Sellers expecting a strong, ready-made neighborhood price to carry the listing
- Anyone wanting a fast, low-effort transaction driven by settled market data
The market around Gracewood Estates
Gracewood Estates is too small for its own price trend, so here is the market around it.
In ZIP 32092, 714 homes are on the market and 32% are under contract — a fast-moving corner of St. Augustine.
Across St. Johns County, 1,906 homes are active and 853 pending (31% under contract).
ZIP and county figures describe the wider market, not Gracewood Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Gracewood Estates, St. Augustine
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.
The Gracewood Estates buying strategy.
If we were buying in Gracewood Estates 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 Gracewood Estates.
Reading a thin market
When recent closing activity is limited, price becomes condition-driven and property-specific. Two homes in the same community can trade far apart based on updates, lot, and how motivated each side is, and there simply isn't enough throughput here to smooth those differences into a reliable average.
The practical move is to widen the lens. We look at the surrounding St. Johns County market and comparable St. Augustine communities to build a defensible value, then adjust for what makes a specific Gracewood Estates home better or worse than those comps. That's slower than quoting a neighborhood number, but it's the only approach that holds up when local volume is this light.
The location and the amenities are priced into every listing in Gracewood Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume community, the value we add is judgment, not a spreadsheet you could pull yourself. We build the comp set by hand, tell you plainly where a listing is priced ahead of what the data supports, and won't manufacture a neighborhood narrative the numbers can't back. If Gracewood Estates isn't the right fit for your goals, we'll say so.
Gracewood Estates in 15 seconds.
Tools for a Gracewood Estates 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 Gracewood Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gracewood Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gracewood Estates home worth?
Get a no-obligation home value based on real comparable sales in Gracewood Estates, 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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Recently off market in Gracewood Estates
Homes in Gracewood Estates that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 5129 Gracewood Lane · off market
Recent Developments in Gracewood Estates
Development, infrastructure, retail, and school activity affecting Gracewood Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
Habitat for Humanity seeks buyers for last homes in 36-home Volusia Woods
Habitat for Humanity of St. Johns County has four unoccupied homes remaining in Volusia Woods, a 36-home neighborhood in St. Augustine. Its income-restricted homes cost under $300,000 against a county median above $500,000, supported by roughly $1 million in ARPA money and $264,000 in county grants. Habitat hopes to place owners by the holidays.
What it may mean for the marketIncome-restricted ownership options priced well below the county median add a small amount of lower-priced for-sale supply in St. Augustine. The project is about 10 miles east of Gracewood Estates, elsewhere in St. Johns County.
Source: Jacksonville Today - October 2026Schools
Clay school district says one-mill referendum renews, not raises, property tax
The Clay County school district says the referendum on the upcoming ballot renews the one-mill levy voters first approved in 2020 at the same rate. The money funds school law enforcement contracts and compensation to retain and attract teachers and support staff. A citizens' advisory committee reviews spending, and the district says non-renewal would leave a funding shortfall.
What it may mean for the marketThe outcome sets school operating funding and staffing support for Clay County without changing the current millage rate. The site is about 12 miles northwest of Gracewood Estates.
Source: Clay Today - August 2026Schools
St. Johns County school board moves ahead with design of SilverLeaf-area high school costing about $100 million
The board approved moving forward with design and architecture for a high school on Parcel 38, with cost estimated at roughly $100 million and possibly up to $120 million as design progresses. Construction is expected to take about three years. A board workshop on full project scope is being prepared.
What it may mean for the marketA new high school in the SilverLeaf area would add school capacity for the fast-growing northwest part of the county. The project is about 10 miles north of Gracewood Estates, elsewhere in St. Johns County.
Source: News4JAX - June 2026Infrastructure
First Coast Expressway advances as an economic-development corridor across Clay and St. Johns
The First Coast Expressway (State Road 23), a tolled beltway looping around the west and south of the Jacksonville metro, continued to open land for development along its corridor, with the final St. Johns County phase from Interstate 95 to east of County Road 2209 in progress. FDOT held a St. Johns County open house on the final phase in January 2026.
What it may mean for the marketNew limited-access highway capacity shortens commutes and opens adjacent land, changes that have historically shaped where new communities and demand concentrate. The site is about 15 miles northwest of Gracewood Estates.
Source: Jax Daily Record - May 2026Retail & Dining
Grocery-anchored retail center proposed in Durbin Park
A grocery-anchored retail center was proposed at Durbin Park, the large mixed-use development near Interstate 95 and County Road 210 in northern St. Johns County, adding to the district's existing stores, restaurants, and Walmart-anchored core.
What it may mean for the marketAdded grocery and retail at Durbin Park deepens everyday conveniences in northern St. Johns County, an amenity factor that can support demand for surrounding communities. The project is about 12 miles north of Gracewood Estates, elsewhere in St. Johns County.
Source: Jax Daily Record - February 2026Retail & Dining
Durbin Park Walmart plans an expansion
The Walmart anchoring Durbin Park filed plans to expand in early 2026, reinforcing the retail core of the Interstate 95 and County Road 210 district in northern St. Johns County.
What it may mean for the marketInvestment in Durbin Park's retail anchor signals continued commercial strength in northern St. Johns County, which can reinforce the appeal of nearby residential areas. The project is about 12 miles north of Gracewood Estates, elsewhere in St. Johns County.
Source: Jax Daily Record
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 Gracewood Estates?
What share of Gracewood Estates is owner-occupied?
When were the homes in Gracewood Estates built?
Who is the best real estate agent for Gracewood Estates?
How do I find a top St. Augustine real estate agent who knows Gracewood Estates?
Can Momentum Realty connect me with an agent for Gracewood Estates?
Should you buy in Gracewood Estates?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Gracewood Estates with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: November 11, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32092)) |
| Under-contract shares | realMLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2011 (21 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 listings in Northeast Florida sold at 99.1% of final list price vs. 98.6% for the market, in a median 31 days vs. 41 (realMLS, 12 months to Nov 2026). A Momentum agent can price yours against live local comps.
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