San Mateo Estates
Homes for Sale in Satsuma, FL
All 55 homes for sale in Satsuma, FL · median $239,900 · 68 homes for sale in 32189 · Putnam County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 49 closed sales in San Mateo Estates 2 in Satsuma, FL since 2011, the most recent in September 2026. Recorded prices since 2024 ran from $52,000 to $475,000 (median $235,000), on homes of 552 to 2,132 sq ft. Across Satsuma as a whole, 100 homes closed in the last 12 months at a median of $200,000, 65 median days on market, with 67 homes for sale today. At that median and Putnam County's FY2025-26 rate of 16.89 mills, annual property tax runs about $3,970 ($3,300 with the full homestead exemption).

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.
Nearby homes for sale
No active listings inside San Mateo Estates 2 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
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.
realMLS (Northeast Florida) sales records identify 31 homes in San Mateo Estates that have changed hands since 2002, built between 1957 and 2026 (median 1977), with a median living area of about 1,352 sq ft and a typical 3-bedroom, 2-bath layout; 90% 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 9 qualified sales in San Mateo Estates across 2024–2025 (6 in 2024, 3 in 2025), median $235,000 — 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 San Mateo Estates is best for.
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, 88 homes are on the market and 17% are under contract — a slower corner of Satsuma.
Across Putnam County, 807 homes are active and 125 pending (13% under contract).
In ZIP 32189 (Satsuma), 58 homes closed in the last 12 months at a median of $191K ($155/sq ft), up 8.5% year over year, with a median 65 days on market. Right now 13 active and 3 pending listings put supply at about 2.7 months — a balanced market. See the live ZIP 32189 housing market and the Putnam County market.
ZIP and county figures describe the wider market, not San Mateo Estates specifically. Momentum Research analysis of MLS records.
The San Mateo Estates buying strategy.
If we were buying in San Mateo 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 San Mateo Estates.
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.
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.
Tools for a San Mateo 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 San Mateo Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in San Mateo 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 San Mateo Estates home worth?
Get a no-obligation home value based on real comparable sales in San Mateo 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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Frequently Asked Questions
How many homes are in San Mateo Estates?
What share of San Mateo Estates is owner-occupied?
When were the homes in San Mateo Estates built?
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Where is San Mateo Estates, and what county is it in?
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Should you buy in San Mateo 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 (5 streets, ZIP 32187/32189)) |
| Under-contract shares | realMLS records, as of 2026-11-12 |
| Historical depth | Closed-sale records back to 2011 (49 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 listings in Northeast Florida sold at 99.1% of final list price vs. 98.6% for the market, in a median 31 days vs. 41 (realMLS, 12 months to Nov 2026). A Momentum agent can price yours against live local comps.
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