Lake Stella Estates
Homes for Sale in Crescent City, FL
All 45 homes for sale in Crescent City, FL · median $259,000 · 54 homes for sale in 32112 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and structure, not by a uniform product. With a median build year of 1971 and a span that runs from 1900 all the way to 2024, this is a mixed-vintage pocket where two homes on the same street can be decades and a full renovation apart. The number that matters most is the median living area of roughly 1,360 square feet — this is a small-to-modest-footprint market, and updated systems, roofs, and finishes will separate the strong sales from the slow ones far more than square footage does.
With 58 homes in the snapshot and a homestead share just under half, this is a thin, slow-turning market where a fair share of the inventory is likely to be non-owner-occupied or seasonal. For a seller, that means pricing to condition and being patient; comps are limited and each closing moves the read. For a buyer, it means you can find value, but you need to underwrite the age of each specific house — do not assume the median tells you what any one property will cost to bring current.
Nearby homes for sale
No active listings inside Lake Stella Estates 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
Lake Stella Estates in Crescent City is a small, older waterfront-adjacent enclave in Putnam County where the housing stock is genuinely varied in age and condition. Expect a compact inventory and homes that trade on their individual state of repair rather than a single market rate.
realMLS (Northeast Florida) sales records identify 8 homes in Lake Stella Estates that have changed hands since 2002, built between 1940 and 1985 (median 1969), with a median living area of about 1,325 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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 3 qualified sales in Lake Stella Estates across 2024–2025 (2 in 2024, 1 in 2025), median $120,000 — 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 Lake Stella Estates is best for.
Best for
- Buyers seeking a compact primary residence and willing to inspect an older home closely
- Second-home or seasonal buyers wanting a smaller lake-area footprint
- Renovation-minded buyers hunting condition-driven upside in a small market
Probably not for
- Buyers needing significant square footage or a newer-build guarantee
- Buyers who want quick resale liquidity in a deep, active market
- Buyers who require a predictable, uniform price and abundant comparable sales
The market around Lake Stella Estates
Lake Stella Estates is too small for its own price trend, so here is the market around it.
In ZIP 32112, 67 homes are on the market and 16% are under contract — a slower corner of Crescent City.
Across Putnam County, 721 homes are active and 156 pending (18% under contract).
In ZIP 32112 (Crescent City), 88 homes closed in the last 12 months at a median of $270K ($186/sq ft), up 18.0% year over year, with a median 55 days on market. See the live ZIP 32112 housing market and the Putnam County market.
ZIP and county figures describe the wider market, not Lake Stella Estates specifically. Momentum Research analysis of MLS records.
Lake Stella Estates by the numbers
From county property records and closed MLS sales for the Lake Stella Estates subdivision: 8 homes on record; built 1940–1985; typical size about 1,293 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2003 | 1 | $42,500 |
| 2006 | 1 | $82,000 |
| 2018 | 1 | $85,000 |
| 2023 | 1 | $343,000 |
| 2024 | 1 | $114,000 |
| 2026 | 2 | $311,500 |
Newest recorded sale: $328,000 on 2026-08-07.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Lake Stella Estates buying strategy.
If we were buying in Lake Stella 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 Lake Stella Estates.
A mixed-vintage market you underwrite house by house
The defining feature here is spread. A build range from 1900 to 2024 means original early-century houses, mid-century cottages, and the occasional new build all sit inside the same 58-home footprint. There is no typical house — there is only the specific house in front of you, and its condition, roof, and mechanicals will govern the price.
The modest median footprint of about 1,360 square feet frames expectations: this is not a large-home market. Buyers looking for a manageable primary residence, a lake-area second home, or a project with upside can all find a fit, but each will be evaluating a different segment of the same small pool. Because owner-occupancy sits just under half, the inventory mix leans partly toward investment and seasonal use, which is worth factoring into any hold or resale plan.
The location and the amenities are priced into every listing in Lake Stella Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A market this small and this varied rewards local judgment over algorithms. With only 58 homes and a wide range of ages and conditions, comps are scarce and easy to misread — we price and negotiate off the actual condition of the actual house, tell you what an older structure will realistically need, and keep you honest about how long a thin market can take to move.
Lake Stella Estates 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 Lake Stella 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 Lake Stella Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Stella 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 Lake Stella Estates home worth?
Get a no-obligation home value based on real comparable sales in Lake Stella 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.
See all homes for sale in Crescent City →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Putnam County scorecard.
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 Lake Stella Estates?
What share of Lake Stella Estates is owner-occupied?
When were the homes in Lake Stella Estates built?
Who is the best real estate agent for Lake Stella Estates?
How do I find a top Crescent City real estate agent who knows Lake Stella Estates?
Can Momentum Realty connect me with an agent for Lake Stella Estates?
Where is Lake Stella Estates, and what county is it in?
How far is Lake Stella Estates from downtown Jacksonville and the beach?
Should you buy in Lake Stella Estates?
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 (2 streets, ZIP 32112)) |
| Under-contract shares | realMLS records, as of 2026-10-01 |
| Historical depth | Closed-sale records back to 2002 (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.
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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Lake Stella Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Lake Stella Estates with Momentum Realty’s local guides.
Schools serving nearby communities
We do not have a confirmed school assignment for Lake Stella Estates. These are the public schools most often assigned to other communities in ZIP 32112; zones change and vary by address, so confirm with the district before you buy.
- Crescent City Jr.-Sr. High School · 7-12 (assigned to 4 nearby communities)
- Crescent City Elementary School · PreK-6 (new campus, 2025-26) (assigned to 3 nearby communities)
- Crescent City Jr.-Sr. High School serves grades 7 to 12 as the zoned middle school here · Middle (assigned to 3 nearby communities)
Assignments from district data for neighboring communities; grades are official Florida Department of Education school grades (2025-26).