Lake Crescent Estates
Homes for Sale in Crescent City, FL

Lake Crescent Estates is a Crescent City, Putnam County community built around Lake Crescent, where fishing access is the amenity most consistently reported across MLS listings. The 220-home community spans build years from 1892 to 2024, giving buyers a wider mix of housing eras to choose from than a typical single-phase subdivision.

realMLS (Northeast Florida) sales records identify 44 homes in Lake Crescent Estates that have changed hands since 2009, built between 1963 and 2009 (median 1984), with a median living area of about 960 sq ft and a typical 2-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.

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.

Lake Crescent Estates is too small for its own price trend, so here is the market around it.

In ZIP 32112, 61 homes are on the market and 15% are under contract — a slower corner of Crescent City.

Across Putnam County, 701 homes are active and 163 pending (19% under contract).

In ZIP 32112 (Crescent City), 35 homes closed in the last 12 months at a median of $270K ($110/sq ft), up 17.8% year over year, with a median 74 days on market. Right now 11 active and 5 pending listings — a balanced market. See the live ZIP 32112 housing market and the Putnam County market.

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

• Crescent City Elementary School · PreK-6 (new campus, 2025-26)
• Crescent City Jr.-Sr. High SchoolFLDOE grade C · 7-12

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Putnam County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Lake Crescent Estates address.

Crescent City's Lake Crescent Estates is organized around water access, with fishing listed as the community's defining amenity across MLS listings — worth verifying current access and rules directly with the HOA. The 220 homes here carry a median living area of 1,052 square feet, on the smaller end, and build years stretch from 1892 to 2024, a spread wide enough that shoppers should expect real variation in systems, finishes, and lot orientation from one listing to the next rather than a uniform product.

The ownership pattern reinforces that variation: with only 43% of homes claiming a homestead exemption, well over half the housing stock here is not an owner's primary residence. Combined with 12 months of supply and just 2 active listings at any given time, this is a market where inventory turns over slowly and each listing needs to be evaluated on its own condition and history rather than compared against a deep set of recent comparable sales.

With only 2 active listings across 220 homes spanning build years from 1892 to 2024, searching Lake Crescent Estates takes more legwork than a typical MLS search. Momentum tracks this thin inventory as it turns over, digs into individual home condition and ownership history, and verifies amenities like fishing access directly with the HOA rather than relying on listing descriptions alone.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

Page states no CDD.