Aerial view of San Mateo Estates

San Mateo Estates
Homes for Sale in Satsuma, FL

Community in Satsuma · Putnam County · ZIP 32189
135 homesBuilt 1955–2024
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Built fromLive realMLS data24 years of closingsFL DOR public recordsUpdated twice daily
Live · San Mateo Estates Housing Pulse realMLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
50%
Owner-occupied · San Mateo Estates
92 of 183 parcels homesteaded (FL DOR 2025)
50%
Non-owner-occupied · San Mateo Estates
incl. 10% trust or LLC-held · 7% out-of-state
135
Homes in the community
plus 48 vacant residential lots · 183 residential parcels (FL DOR 2025)
Track record · 24 years of records
9
Recorded sales · 2024-2025
median $235K · qualified sales on the county roll (FL DOR 2025)
1955–2024
Years homes were built
median 1977 · county roll (FL DOR 2025)
1.5%/yr
Turnover rate
about 2 of 135 homes trade a year
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 12, 2026

San Mateo Estates 2 is a condition-driven market, not a spec-sheet one. With homes built anywhere from 1955 to 2024 and a median year built of 1980, what you pay here tracks far more closely to how a specific house has been maintained and updated than to any neighborhood average. Two homes on the same street can sit worlds apart on price depending on roof, systems, and interior work.

For buyers, that spread is opportunity: it rewards anyone willing to read a house carefully and price the deferred maintenance honestly. For sellers, it means presentation and documented updates do real work here — a well-kept home stands out precisely because the housing stock is so varied in age and condition. Come in with a realistic view of the property in front of you rather than a single headline number.

Figures in this note are as of July 12, 2026. The live market numbers elsewhere on this page update nightly and are newer.

The 60-Second Overview

This is an established, mixed-vintage community in Satsuma with 161 homes spanning nearly seven decades of construction, so the character shifts noticeably block to block. The median living area of roughly 1,525 square feet points to modest, manageable floor plans rather than sprawling new builds.

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

  • Buyers seeking a manageable, roughly 1,525-square-foot floor plan rather than a large new build
  • Renovation-minded buyers ready to price and take on an older home's deferred work
  • Long-term owner-occupants who value an established, mostly homesteaded core

Probably not for

  • Buyers who need move-in-ready, current-year finishes with no work involved
  • Anyone wanting uniform architecture and predictable pricing across every street
  • Buyers unwilling to budget diligence around older roofs, systems, and construction eras

The market around San Mateo Estates

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

In ZIP 32189, 98 homes are on the market and 18% are under contract — a steady corner of Satsuma.

Across Putnam County, 839 homes are active and 155 pending (16% under contract).

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

If we were buying in San Mateo 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 San Mateo Estates.

Best Buy
Buyers who want a modest footprint in an established Putnam County community and are comfortable evaluating older homes.
Biggest Risk
With a median build year of 1980, older systems and roofs can carry meaningful diligence and insurance considerations.
Sweet Spot
A well-maintained home near the roughly 1,525-square-foot median that needs updating rather than rebuilding.
Avoid If
You want turnkey new construction with uniform, predictable finishes across the neighborhood.

A wide-vintage pocket of Putnam County

The defining fact here is age range. A 1955 build and a 2024 build sit inside the same 161-home community, and the median year built of 1980 tells you the center of gravity leans toward older, established construction. That matters for inspections, insurance, and renovation math — you should budget your diligence around the specific home's era, not the neighborhood's midpoint.

Just over half the homes carry a homestead exemption, at a 51.4% share. That points to a community with a meaningful owner-occupied core rather than one dominated by transient holdings, which tends to support steadier upkeep on those parcels. The remainder leaves room for buyers who intend to renovate, rent, or hold.

“

The location and the amenities are priced into every listing in San Mateo 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

In a market this varied by age and condition, the value is in reading each house on its own terms. We help buyers separate cosmetic from structural, price the deferred maintenance realistically, and avoid overpaying on a home whose median-year-1980 bones need more than they show. Sellers get honest guidance on which updates actually move the number in a community where condition, not vintage, drives price.

San Mateo Estates in 15 seconds.

Best forBuyers who want a modest footprint in an established Putnam County community and are comfortable evaluating older homes.
Biggest advantageA wide condition spread means real opportunity for buyers who can read a house and price the work.
Biggest riskWith a median build year of 1980, older systems and roofs can carry meaningful diligence and insurance considerations.
Sweet spotA well-maintained home near the roughly 1,525-square-foot median that needs updating rather than rebuilding.
Avoid ifYou want turnkey new construction with uniform, predictable finishes across the neighborhood.
The takeaway

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

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Frequently Asked Questions

How many homes are in San Mateo Estates?
The Florida DOR 2025 assessment roll shows 135 homes plus 48 vacant residential lots in San Mateo Estates (public records).
What share of San Mateo Estates is owner-occupied?
50% of San Mateo Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in San Mateo Estates built?
Homes in San Mateo Estates were built between 1955 and 2024, with a median year built of 1977.0 (FL DOR 2025 roll).
Who is the best real estate agent for San Mateo Estates?
The best agent for San Mateo Estates is one who actively works Satsuma 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 San Mateo Estates.
How do I find a top Satsuma real estate agent who knows San Mateo Estates?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows San Mateo Estates and the wider Satsuma area.
Can Momentum Realty connect me with an agent for San Mateo Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your San Mateo Estates purchase or sale - no call center and no pressure.
Buyers seeking a manageable, roughly 1,525-square-foot floor plan rather than a large new buildExcellent fit
Renovation-minded buyers ready to price and take on an older home's deferred workExcellent fit
Long-term owner-occupants who value an established, mostly homesteaded coreExcellent fit
Buyers who need move-in-ready, current-year finishes with no work involvedProbably not
Anyone wanting uniform architecture and predictable pricing across every streetProbably not
Buyers unwilling to budget diligence around older roofs, systems, and construction erasProbably not

Nearby Communities

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

White Oaks0.1 mi awaySt Johns Riverside0.2 mi away · median $191K, 9 sales/12 moAcadie Palatka0.3 mi awayRiverview Estates0.4 mi awaySt Johns River Ridge0.4 mi awaySan Mateo0.5 mi away · median $300K, 3 sales/12 moRiver Ridge0.5 mi away · 39 homes, built 1961–23Divi Divi Estates San Mateo0.6 mi away · 13 homes, built 1971–19

Browse all neighborhood guides →

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 32187/32189))
Under-contract sharesrealMLS records, as of 2026-10-20
Historical depthClosed-sale records back to 2002 (66 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.

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Thinking of selling in San Mateo Estates 2? 2 recorded closings (window ending 2026-10-23). See the Putnam County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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