Aerial view of Russwood Estates

Russwood Estates
Homes for Sale in Lake City, FL

All 61 homes for sale in Lake City, FL · median $388,150 · 32 homes for sale in 32024 · Columbia County homes for sale

Community in Lake City · Columbia County · ZIP 32024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data6 years of closingsUpdated twice daily

As of November 2026, the MLS records 3 closed sales in Russwood Estates in Lake City, FL since 2020, the most recent in December 2024. Across Lake City as a whole, 96 homes closed in the last 12 months at a median of $328,450, 43 median days on market, with 61 homes for sale today. At that median and Columbia County's FY2025-26 rate of 15.38 mills, annual property tax runs about $5,050 ($4,450 with the full homestead exemption).

Live · Russwood Estates Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Track record · 6 years of records
1
Failed listings · 2026
peaked at 1 in 2018
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written October 26, 2026

Russwood Estates is a small-name community in Lake City, Columbia County, and the current MLS snapshot is thin on hard data — no community amenities are identified, and we don't have a published median or active count to lean on. That shapes how we talk about it: price here will be set almost entirely by the individual home — its condition, lot, and recent updates — rather than by any community premium or shared amenity package.

For a buyer, that means underwriting each listing on its own merits and not assuming a neighborhood floor or ceiling. For a seller, it means condition and presentation do the heavy lifting; there is no amenity story to carry the price, so the work shows up in the sale. Treat comparables carefully and verify everything on the ground.

Figures in this note are as of October 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside RUSSWOOD 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.

122 SW SCOTT PLACE
$540K · 0.4 mi away
4 bd · 2 ba · 2,530 sqft
122 SW SCOTT PLACE
Listed by EXCEPTIONS REALTY
581 SW BELLFLOWER DRIVE
$375K · 0.5 mi away
3 bd · 2 ba · 1,970 sqft
581 SW BELLFLOWER DRIVE
Listed by ADAMS HOMES REALTY, INC.- GAINESVILLE
619 SW BELLFLOWER
$415K · 0.5 mi away
3 bd · 2 ba · 1,822 sqft
619 SW BELLFLOWER
Listed by RE/MAX PROFESSIONALS - Lake City
569 SW BELLFLOWER DRIVE
$391K · 0.5 mi away
4 bd · 3 ba · 2,071 sqft
569 SW BELLFLOWER DRIVE
Listed by ADAMS HOMES REALTY, INC.- GAINESVILLE
483 SW BELLFLOWER DRIVE
$429K · 0.6 mi away
4 bd · 3 ba · 2,508 sqft
483 SW BELLFLOWER DRIVE
Listed by ADAMS HOMES REALTY, INC.- GAINESVILLE
247 SW BELLFLOWER DRIVE
$388K · 0.8 mi away
4 bd · 2 ba · 2,169 sqft
247 SW BELLFLOWER DRIVE
Listed by ADAMS HOMES REALTY, INC.- GAINESVILLE

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Russwood Estates sits in Lake City, in Columbia County. With no community amenities surfaced in current MLS listings, this is a place you evaluate home by home rather than by a shared feature set.

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.

Best for

  • Buying in Lake City and willing to underwrite each home individually
  • Looking for value driven by property condition rather than a community premium
  • Comfortable doing home-level due diligence in a data-thin market

Probably not for

  • Wanting on-site amenities such as a pool, clubhouse, or gated entry
  • Needing published neighborhood benchmarks to feel confident on price
  • Expecting an amenity-driven resale story rather than a condition-driven one

The market around Russwood Estates

Russwood Estates is a small community — 4 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 32024, 42 homes are on the market and 17% are under contract — a slower corner of Lake City.

Across Columbia County, 71 homes are active and 30 pending (30% under contract).

Homes here are single family residence.

In ZIP 32024 (Lake City), 47 homes closed in the last 12 months at a median of $335K ($262/sq ft), down 1.8% year over year, with a median 22 days on market. See the live ZIP 32024 housing market and the Columbia County market.

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

Recent Developments in Russwood Estates

Development, infrastructure, retail, and school activity affecting Russwood Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

Dev Momentum54/100 · Active
  1. October 2026
    Retail & Dining

    Older Little Caesars at I-75 and SR 47 demolished for new drive-through location

    The older Little Caesars next to the Cornerstone Crossing at 47 development in Lake City was demolished this week. The owner plans to build a new restaurant with a drive-through on the site. Opening date and cost were not published.

    What it may mean for the marketContinued commercial reinvestment at the I-75 and SR 47 interchange adds quick-service dining access for the Lake City interstate corridor. The site is about 1 mile southeast of Russwood Estates.

    Source: Lake City Reporter
  2. October 2026
    Schools

    Florida Gateway College to build Building Construction Technology Center with $3 million federal grant

    Florida Gateway College announced plans for a new Building Construction Technology Center and two new construction trades programs. A $3 million federal workforce grant secured with Rep. Cammack's help will fund the project. More than 150 people attended the announcement on the Lake City campus.

    What it may mean for the marketNew construction trades training adds a local workforce pipeline for builders and contractors in the Lake City area. The site is about 5 miles northeast of Russwood Estates.

    Source: Lake City Reporter
  3. October 2026
    Civic

    Site work begins on new Columbia County Tax Collector's Office at former TD Bank building

    Crews started expanding the parking lot at the former TD Bank building on NW Main Boulevard, next to the Lake City Public Safety Building. The county bought the property earlier in 2026 to house the Tax Collector's Office, with interior work to follow. Cost and completion date were not stated.

    What it may mean for the marketConsolidating county services near the public safety building concentrates civic activity along NW Main Boulevard in central Lake City. The site is about 5 miles northeast of Russwood Estates.

    Source: Lake City Reporter
  4. August 2026
    Parks & Amenities

    Rodeo arena under construction at Florida Gateway Fairgrounds collapses during storm

    A rodeo arena being built at the Florida Gateway Fairgrounds in Lake City collapsed on August 12 while workers installed beams with cranes ahead of storms; workers had minor injuries. Contractor Plumb Level Construction is involved, and the cause is under investigation. A pro rodeo is planned at the venue in March.

    What it may mean for the marketThe delay affects the timeline of a planned event venue that would add regional event draw to the Lake City area. The site is about 5 miles east of Russwood Estates.

    Source: WCJB TV20

Development alerts for Russwood EstatesGet a short monthly email when something new is approved, funded, or opens near Russwood Estates.

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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.

If we were buying in Russwood Estates 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 Russwood Estates.

Best Buy
Buyers who want a Lake City address and are comfortable evaluating a home on its own merits.
Biggest Risk
Thin community data means you're relying on home-level diligence rather than neighborhood benchmarks.
Sweet Spot
A well-documented listing where condition and lot clearly justify the ask.
Avoid If
You need shared amenities like a pool, clubhouse, or gated entry.

A home-by-home market

The useful thing to know about Russwood Estates right now is what the data does not show: no identified community amenities, and no pricing spread beyond what each listing carries on its own. In a community like this, value tracks the individual property — square footage, condition, updates, and lot — not a club, pool, or gated entry that lifts the whole address.

Practically, that puts the burden on due diligence. Pull the specifics on any home you're considering, confirm what's actually included, and compare against nearby Columbia County inventory rather than assuming a Russwood premium. The absence of an amenity story isn't a knock; it just tells you where to focus.

“

The location and the amenities are priced into every listing in Russwood Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community carries little published data and no amenity hook, the edge is in local legwork — verifying condition, reading each listing honestly, and pricing against the right Columbia County comparables. That's the work we do, and we'll tell you plainly when a given home or Russwood itself isn't the right fit for what you're after.

Russwood Estates in 15 seconds.

Best forBuyers who want a Lake City address and are comfortable evaluating a home on its own merits.
Biggest advantageValue is driven by the individual property, not an amenity premium baked into the price.
Biggest riskThin community data means you're relying on home-level diligence rather than neighborhood benchmarks.
Sweet spotA well-documented listing where condition and lot clearly justify the ask.
Avoid ifYou need shared amenities like a pool, clubhouse, or gated entry.
The takeaway

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

What is your Russwood Estates home worth?

Get a no-obligation home value based on real comparable sales in Russwood 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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Real comps, not an automated estimate.
Buying in Lake City and willing to underwrite each home individuallyExcellent fit
Looking for value driven by property condition rather than a community premiumExcellent fit
Comfortable doing home-level due diligence in a data-thin marketExcellent fit
Wanting on-site amenities such as a pool, clubhouse, or gated entryProbably not
Needing published neighborhood benchmarks to feel confident on priceProbably not
Expecting an amenity-driven resale story rather than a condition-driven oneProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2020 (3 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 Stellar MLS 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.

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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. A Momentum agent can price yours against live local comps.

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Ask an agent about Russwood Estates

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Russwood Estates will answer, and the answer is published on this page for the next buyer.

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The real cost & risk here

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

$1,655/mo
Columbia County typical true cost to own
$84/mo
Columbia 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.

Housing distress & ownership in RUSSWOOD ESTATES, Lake City

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 12 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-10-25)

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. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Russwood Estates with Momentum Realty’s local guides.

The Preserve At Laurel Lake0.6 mi awayTurkey Run0.7 mi awayMayfair1.0 mi awayCallaway1.2 mi awayEmerald Forest1.3 mi awayCallahan1.5 mi awayForest Country1.8 mi away

Browse all neighborhood guides →

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