San Mateo Estates 2
Homes for Sale in Satsuma, FL

San Mateo Estates 2 is a small community — 68 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 32189, 74 homes are on the market and 26% are under contract — a steady corner of Satsuma.

Across Putnam County, 520 homes are active and 132 pending (20% under contract).

The housing mix here is 90% single family residence, 6% manufactured home, 3% townhouse.

ZIP and county figures describe the wider market, not San Mateo Estates 2 specifically. Momentum Research analysis of MLS records.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.