Pelican Reef
Homes for Sale in St. Augustine, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo courtesy of ENGEL & VOLKERS ST AUGUSTINE · via realMLS
Pelican Reef's numbers are driven almost entirely by scarcity. With only two active listings and just three closings recorded in the review window, there is not enough transaction volume here to establish a reliable price curve — the $1,055,000 median and $399.41 per square foot figure reflect whatever specific homes happened to trade, more than they reflect a broad market consensus.
The posture right now is buyer-leaning, backed by a 12-month supply of inventory and a market heat score of 30. Homes are sitting a median of 112 days before closing, and the trailing year-over-year read shows prices down 29.3%. That combination — thin supply, long marketing times, and a sharp pullback in price — points to sellers who need to be realistic on price and buyers who can afford patience and diligence.
Pelican Reef right now
🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of August 20, 2026. Confidence: Low (1 active and pending listings, 4 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($901K) is down 53.5% from the prior 12 months ($1.94M). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level realMLS closed sales, 12-month windows ending August 20. Confidence: Low (4 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 20, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Pelican Reef market snapshot (as of August 20, 2026): the median sale price is about $901K ($358 per sq ft over the trailing 12 months of closed sales), a median 111 days on market for closed sales, and 3.0 months of supply, a balanced market. The trailing-12-month median is down 54% from the prior 12 months, computed from record-level realMLS closed sales (4 closings in the current window).
Pelican Reef is a gated, marina-front community in St. Augustine, St. Johns County, built around private boat dock and boat slip access alongside RV/boat storage, a park, and maintained grounds — worth verifying current amenities and access directly with the HOA.
The setting & the homes.
Aerial and on-site photos of Pelican Reef. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Pelican ReefPhotos from realMLS listings in Pelican Reef; content deemed reliable but not guaranteed.
Who Pelican Reef is best for.
Best for
- Buyers prioritizing private boat dock or boat slip access and marina amenities over move-in speed.
- Buyers comfortable with a longer, roughly 112-day marketing and closing timeline.
- Buyers with a budget near the $1,055,000 median seeking a gated, maintained community.
Probably not for
- Buyers who need a wide selection of active listings to compare — only two are currently available.
- Buyers on a tight closing timeline who can't accommodate an extended days-on-market window.
- Buyers relying on a deep pool of recent comparable sales — only three closings exist to reference pricing against.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 20 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($901K) IS the median in the snapshot above, and the move from 2025 ($1.94M) IS the -53.5% one-year change.
Windows contain 1 to 9 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
18% of homes for sale in ZIP 32080 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
Pelican Reef Market Scorecard
Pelican Reef is currently a balanced market. About 3.0 months of supply, a median asking price of $1,195,000, and homes go under contract in about 159 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Pelican Reef
Live MLS inventory for Pelican Reef. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Pelican Reef listings as of 2026-08-20, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Pelican Reef on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Pelican Reef
- Boat Dock · reported on 4 of 4 listings
- Gated · reported on 4 of 4 listings
- Boat Slip · reported on 2 of 4 listings
- Security Gate · reported on 2 of 4 listings
- Marina · reported on 1 of 4 listings
- Maintenance Grounds · reported on 1 of 4 listings
- Park · reported on 1 of 4 listings
- RV/Boat Storage · reported on 1 of 4 listings
- Security · reported on 1 of 4 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- St. Johns County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- St. Augustine High School (St. Johns County School District, verify by address)FLDOE grade A · High
- Sebastian Middle School (St. Johns County School District, verify by address)FLDOE grade A · Middle
- R.B. Hunt Elementary School (St. Johns County School District, verify by address)FLDOE grade A · Elementary
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 St. Johns County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Pelican Reef address.
The Pelican Reef buying strategy.
If we were buying in Pelican Reef 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 Pelican Reef.
A Marina Community With Very Thin Inventory
Pelican Reef's draw is direct water access: a boat dock, boat slip, and marina sit alongside a security gate, on-site security, RV/boat storage, a park, and maintenance grounds. That combination of private marina infrastructure inside a gated setting is what separates this community from a typical St. Augustine subdivision, and it shows up in the per-square-foot number — $399.41 — even as overall pricing swings with whichever specific homes trade.
But it is a small market. Two active listings and three closings in the tracked window mean pricing here should be read home-by-home, not as a trend line. A 12-month supply of inventory and a median 112 days on market confirm this is not a fast-moving segment — buyers have room to evaluate a specific property on its own merits, condition, and dock or slip configuration rather than competing against a deep pool of comparable listings.
The location and the amenities are priced into every listing in Pelican Reef. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Pelican Reef buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.5). Basis: Recent Direction -53.5% year-over-year; Liquidity & Demand 3.0 months of supply; Pricing Power 90.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this thin — two active listings, a market heat score of 30, and only three closings to reference — pricing a home or evaluating an offer takes local, deal-by-deal knowledge rather than an automated comp report. Momentum works these numbers directly with sellers and buyers so a $1,055,000-median market with a 29.3% year-over-year swing gets priced on its own facts, not on a wider St. Augustine average that doesn't apply here.
Pelican Reef in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Pelican Reef 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 Pelican Reef sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pelican Reef, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Pelican Reef home worth?
Get a no-obligation home value based on real comparable sales in Pelican Reef, 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 homes for sale in Pelican Reef on the map →
Frequently Asked Questions
What is the median home price in Pelican Reef?
How long do homes in Pelican Reef take to sell?
Is Pelican Reef a buyer's or seller's market right now?
What schools serve Pelican Reef?
Who is the best real estate agent for Pelican Reef?
How do I find a top St. Augustine real estate agent who knows Pelican Reef?
Can Momentum Realty connect me with an agent for Pelican Reef?
Should you buy in Pelican Reef?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Pelican Reef with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: August 20, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending August 20, 2026 |
| Under-contract shares | realMLS records, as of 2026-08-18 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2006 (65 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 your area comps.
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See how Pelican Reef fits the bigger picture — live prices, inventory, and Momentum Scores: