Watermill
Homes for Sale in Orange Park, FL
All 329 homes for sale in Orange Park, FL · median $329,900 · 148 homes for sale in 32073 · Clay County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 36 closed sales in Watermill in Orange Park, FL since 2011, the most recent in September 2023. Recorded prices across those 36 sales ran from $103,000 to $394,300 (median $205,000), on homes of 1,701 to 4,487 sq ft. Across Orange Park as a whole, 932 homes closed in the last 12 months at a median of $320,000, 40 median days on market, with 301 homes for sale today. At that median and Clay County's FY2025-26 rate of 15.05 mills, annual property tax runs about $3,090 ($2,490 with the full homestead exemption).
Watermill is a built-out early-2000s community in Orange Park, with homes dating to a tight 2001-2005 window and a median build year of 2003. That consistency matters: when the housing stock all came up in the same few years, price is driven less by vintage and more by condition, updates, and lot. A median living area near 2,591 square feet tells you this is a mid-to-larger home community, so square footage alone won't separate one listing from the next — the kitchen, the roof, the mechanicals, and how a home has been maintained will.
With no closings in the current window to anchor a live price read, treat recent comps and days-on-market with care rather than assuming a number. For sellers, that means condition and presentation carry the negotiation. For buyers, expect a wide spread between updated and dated homes of nearly identical footprints, and let that spread be your leverage.
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 Watermill 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
Watermill is a 117-home community in Orange Park, Clay County, built out in a narrow 2001-2005 stretch, so buyers are shopping a consistent stock of mid-sized homes where condition, not age, sets the tone.
realMLS (Northeast Florida) sales records identify 26 homes in Watermill that have changed hands since 2004, built between 2001 and 2004 (median 2002), with a median living area of about 2,691 sq ft and a typical 4-bedroom, 3-bath layout; 96% 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.
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 Watermill is best for.
Best for
- Buyers seeking a mid-sized single-family home of roughly 2,500-plus square feet in Clay County
- Owner-occupants who value a stable, built-out community over new construction
- Buyers willing to trade upfront updates for a lower entry on a dated but sound home
Probably not for
- Buyers who want the latest floor plans and finishes of new construction
- Shoppers who need broad, constant inventory and multiple options at once
- Anyone unwilling to budget for potential roof or system replacement on an original-era home
The market around Watermill
Watermill is too small for its own price trend, so here is the market around it.
In ZIP 32073, 195 homes are on the market and 25% are under contract — a steady corner of Orange Park.
Across Clay County, 1,276 homes are active and 398 pending (24% under contract).
In ZIP 32073 (Orange Park), 944 homes closed in the last 12 months at a median of $302K ($172/sq ft), down 1.9% year over year, with a median 36 days on market. Right now 183 active and 77 pending listings put supply at about 2.3 months — a healthy market. See the live ZIP 32073 housing market and the Clay County market.
ZIP and county figures describe the wider market, not Watermill specifically. Momentum Research analysis of MLS records.
The Watermill buying strategy.
If we were buying in Watermill 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 Watermill.
A built-out early-2000s pocket
The defining trait here is uniformity of era. Every home traces to a five-year build window, which keeps the community architecturally coherent but also means the honest differentiators are updates and upkeep. A roof, HVAC, or water heater from the original build is now well into its second decade, so line up inspection and mechanical age against asking price on any home that looks turnkey but hasn't been touched.
A homestead share just under 63% points to a core of owner-occupants rather than a rental-heavy block, which generally shows in how properties are kept. At 117 homes, inventory is finite — when a floor plan you want comes up, there aren't dozens of alternates waiting, so patience and readiness both count.
The location and the amenities are priced into every listing in Watermill. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this uniform, the money is made in the details — matching a home's real condition and mechanical age to its price, and reading the thin inventory correctly. We work Watermill and the surrounding Orange Park market closely, so we can tell you whether a listing is priced for its updates or its address, and move fast when the right floor plan surfaces.
Watermill in 15 seconds.
Tools for a Watermill 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 Watermill sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Watermill, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Watermill home worth?
Get a no-obligation home value based on real comparable sales in Watermill, 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 all homes for sale in Orange Park →
Housing distress & ownership in Watermill, Orange Park
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
More Orange Park home searches
- All homes for sale in Orange Park, FL
- Homes for sale in Clay County, FL
- Orange Park golf course homes
- Orange Park home values: what is my house worth?
Orange Park guides & data
- Market data
- Cost of living
- Best neighborhoods
- Flood zones
- Property taxes (Clay County)
- Homestead exemption (Clay County)
- Home insurance cost
- New construction
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Watermill Drive (5 homes on record)
Recent Developments in Watermill
Development, infrastructure, retail, and school activity affecting Watermill, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Schools
Clay school district says one-mill referendum renews, not raises, property tax
The Clay County school district says the referendum on the upcoming ballot renews the one-mill levy voters first approved in 2020 at the same rate. The money funds school law enforcement contracts and compensation to retain and attract teachers and support staff. A citizens' advisory committee reviews spending, and the district says non-renewal would leave a funding shortfall.
What it may mean for the marketThe outcome sets school operating funding and staffing support for Clay County without changing the current millage rate. The site is about 14 miles southeast of Watermill.
Source: Clay Today - October 2026Market
Northeast Florida home sales dip in September as inventory tightens
Closed sales across the six-county Northeast Florida Association of Realtors area fell 7.7% year over year to 1,608, with the median price at $398,566, up 2.8%. Active inventory dropped 18.4% to 6,348 homes. Median prices were $344,000 in Duval, $575,000 in St. Johns, $355,000 in Clay and $496,500 in Nassau.
What it may mean for the marketLower inventory with softer sales volume points to a thinner supply of listings across all four counties, with Clay the only one of the four showing a year-over-year price decline. The site is about 13 miles northeast of Watermill.
Source: Clay Today - September 2026Infrastructure
County Road 220 widening and Little Black Creek bridge replacement open to traffic in Clay County
The project finished ahead of schedule, with a new four-lane bridge over Little Black Creek replacing a 1947 structure. Phase 1 began in December 2024 with intersection improvements at Rideout Ferry Road, and Phase 2 began in January 2025. Officials say it should ease traffic along the corridor.
What it may mean for the marketA four-lane CR 220 corridor improves commute capacity for Fleming Island and Middleburg area drivers. The site is about 6 miles south of Watermill.
Source: News4JAX - June 2026Development
Hillwood contracts with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center
Master developer Hillwood contracted with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center on Jacksonville's Westside, continuing the buildout of the former Naval Air Station Cecil Field into an industrial and logistics park.
What it may mean for the marketContinued absorption of large industrial parcels at Cecil signals sustained employment growth on the Westside, which can support housing demand across nearby communities. The site is about 6 miles northwest of Watermill.
Source: Jax Daily Record - June 2026Infrastructure
First Coast Expressway advances as an economic-development corridor across Clay and St. Johns
The First Coast Expressway (State Road 23), a tolled beltway looping around the west and south of the Jacksonville metro, continued to open land for development along its corridor, with the final St. Johns County phase from Interstate 95 to east of County Road 2209 in progress. FDOT held a St. Johns County open house on the final phase in January 2026.
What it may mean for the marketNew limited-access highway capacity shortens commutes and opens adjacent land, changes that have historically shaped where new communities and demand concentrate. The site is about 11 miles south of Watermill.
Source: Jax Daily Record - April 2026Development
Hillwood seeks to mass-grade an AllianceFlorida site for a possible 1 million-square-foot building
Hillwood asked to mass grade a site at AllianceFlorida at Cecil Commerce Center to prepare for a possible 1 million-square-foot building, a step that typically precedes a large industrial or distribution user committing to the Westside park.
What it may mean for the marketA build-ready million-square-foot pad points to a potential large employer on the Westside, the kind of jobs anchor that can lift demand for nearby housing. The site is about 6 miles northwest of Watermill.
Source: Jax Daily Record
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.
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Frequently Asked Questions
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When were the homes in Watermill built?
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How far is Watermill from downtown Jacksonville and the beach?
Should you buy in Watermill?
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 (4 streets, ZIP 32073/32244)) |
| Under-contract shares | realMLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2011 (36 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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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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