Grove Lots Crescent
Homes for Sale in Crescent City, FL

Community in Crescent City · Putnam County · ZIP 32112
86 homesBuilt 1900–2022
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Built fromLive realMLS data24 years of closingsFL DOR public recordsUpdated twice daily
Live · Grove Lots Crescent Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
42%
Owner-occupied · Grove Lots Crescent
45 of 106 parcels homesteaded (FL DOR 2025)
57%
Non-owner-occupied · Grove Lots Crescent
incl. 8% trust or LLC-held · 12% out-of-state
75%
Cash buyers · Grove Lots Crescent
3 of 4 sales, 12 mo ending July 2022
86
Homes in the community
plus 20 vacant residential lots · 106 residential parcels (FL DOR 2025)
Track record · 24 years of records
Est. 1900
Community established
homes built 1900-2022, median 1966 (FL DOR 2025)
2
Failed listings · 2026
peaked at 7 in 2015
1.2%/yr
Turnover rate
about 1 of 86 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven almost entirely by condition and structure, not by a uniform product type. With a housing stock whose median build year is 1966 and individual homes dating anywhere from 1900 to 2022, no two closings are truly comparable. A renovated older home and a tired one on the same street can sit far apart on price, so the spread is wide and condition-led rather than location-led.

For buyers, that means underwriting each property on its own merits — roof, systems, and past work matter more than any neighborhood average. For sellers, presentation and documented updates carry real weight, because a buyer here is pricing in the work they think they still have to do. Come in with clear eyes on scope and you can transact well; come in expecting a stamped-out subdivision and you will be frustrated.

Best for

  • Buyers with a renovation budget who can price and manage work on an older home
  • Buyers seeking a modest-footprint home with individual character rather than a production build
  • Investors comfortable with a market where a large share of homes are non-homestead

Probably not for

  • Buyers who need a newer, uniform floor plan with minimal maintenance
  • Buyers who want tight, predictable comparable sales to anchor an offer
  • Buyers unwilling to fund inspections and potential updates on an older structure

The market around Grove Lots Crescent

Grove Lots Crescent is a small community — 67 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 32112, 68 homes are on the market and 13% are under contract — a slower corner of Crescent City.

Across Putnam County, 520 homes are active and 132 pending (20% under contract).

The housing mix here is 95% single family residence, 5% townhouse.

ZIP and county figures describe the wider market, not Grove Lots Crescent specifically. Momentum Research analysis of MLS records.

If we were buying in Grove Lots Crescent 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 Grove Lots Crescent.

Best Buy
Buyers who want character and are comfortable evaluating older homes on their own terms.
Biggest Risk
Age and variability make inspection scope the single biggest swing factor.
Sweet Spot
An updated or well-maintained home in the 1,300-square-foot range that has already addressed roof and systems.
Avoid If
You want uniform, move-in-ready product with predictable resale comps.

A condition-driven pocket, not a subdivision

The defining fact here is age and variety. A median year built of 1966 across a range that stretches from 1900 to 2022 tells you this grew in over generations rather than in a single phase. Expect older bones, occasional new infill, and homes that have been maintained or updated to very different degrees. Inspection quality and scope of prior work are the levers that separate a good buy from a money pit.

The homestead share sits at about 42.5%, which means a meaningful portion of these homes are not owner-occupied primary residences. Practically, that points to a mix of long-term holds, rentals, and second homes. Buyers should read that as a market where turnover and motivation vary property to property — worth watching how long a given listing has been available and why.

The location and the amenities are priced into every listing in Grove Lots Crescent. 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 place this varied, averages lie and each home tells its own story. We walk the property with you, weigh the age of the structure against the work that has actually been done, and price against genuinely comparable condition rather than a blanket per-square-foot number. That discipline protects buyers from overpaying for deferred maintenance and helps sellers justify the updates they have made.

Grove Lots Crescent in 15 seconds.

Best forBuyers who want character and are comfortable evaluating older homes on their own terms.
Biggest advantageA wide, condition-driven spread means room to find value if you do the diligence.
Biggest riskAge and variability make inspection scope the single biggest swing factor.
Sweet spotAn updated or well-maintained home in the 1,300-square-foot range that has already addressed roof and systems.
Avoid ifYou want uniform, move-in-ready product with predictable resale comps.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Grove Lots Crescent sales matched to your home.

What is your Grove Lots Crescent home worth?

Get a no-obligation home value based on real comparable sales in Grove Lots Crescent, 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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Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Putnam County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,231/mo
Putnam County typical true cost to own
$112/mo
Putnam County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Frequently Asked Questions

How many homes are in Grove Lots Crescent?
The Florida DOR 2025 assessment roll shows 86 homes plus 20 vacant residential lots in Grove Lots Crescent (public records).
What share of Grove Lots Crescent is owner-occupied?
42% of Grove Lots Crescent parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Grove Lots Crescent built?
Homes in Grove Lots Crescent were built between 1900 and 2022, with a median year built of 1966 (FL DOR 2025 roll).
Do cash buyers compete in Grove Lots Crescent?
Cash buyers took 75% of Grove Lots Crescent sales in the 12 months ending July 2022 (3 of 4 closings, realMLS).
Who is the best real estate agent for Grove Lots Crescent?
The best agent for Grove Lots Crescent is one who actively works Crescent City 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 Grove Lots Crescent.
How do I find a top Crescent City real estate agent who knows Grove Lots Crescent?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Grove Lots Crescent and the wider Crescent City area.
Can Momentum Realty connect me with an agent for Grove Lots Crescent?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Grove Lots Crescent purchase or sale - no call center and no pressure.
Buyers with a renovation budget who can price and manage work on an older homeExcellent fit
Buyers seeking a modest-footprint home with individual character rather than a production buildExcellent fit
Investors comfortable with a market where a large share of homes are non-homesteadExcellent fit
Buyers who need a newer, uniform floor plan with minimal maintenanceProbably not
Buyers who want tight, predictable comparable sales to anchor an offerProbably not
Buyers unwilling to fund inspections and potential updates on an older structureProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 32112))
Under-contract sharesrealMLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2002 (39 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?

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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 your area comps.

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