$270,000
177 LAKE MARGO Drive, Satsuma, FL 32189, Satsuma, FL 32189
Bayou Club
- Price
- $270,000
- Beds / Baths
- 3 / 2
- Living area
- 1,514 sqft
- Year built
- 2026
- Type
- Residential
- Lot
- 0.16 ac
- Garage
- 2
- HOA
- $75/mo
- CDD
- No
- Flood zone
- Unknown
- County
- Putnam
- Days on market
- 130
$178/sqft asking, vs a $158/sqft median across 106 closed sales in 32189 over the last 12 months — 13% above the area's closed prices. Condition and lot vary; that's what a showing is for.
New construction is underway in St. Johns River Estates, with estimated completion by the end of November. Located just moments from the St. Johns River, this home offers a setting where boating, fishing, and days on the water can become part of everyday life. Residents enjoy access to a private community boat ramp, with optional boat slips available for only $25 per month--an uncommon opportunity this close to the river. Depending on the stage of construction, buyers may still have the opportunity to personalize select finishes, colors, and details. Quality features designed for durability, comfort, and efficiency include 2x6 exterior framing, R-19 insulation, spray foam insulation at the roofline, LP SmartSide siding, a metal roof, Low-E windows, fiberglass exterior doors, LVP flooring, tile showers, soft-close cabinetry, and granite countertops. With construction already in progress, you can secure a brand-new home near the river without waiting for the building process to begin.
What to check on this one
- Confirm exact completion date and final walkthrough procedures with builder.
- Verify flood zone designation and obtain elevation certificate before closing.
- Review HOA covenants, boat ramp access rules, and slip waitlist/availability.
- Inspect metal roof warranty details and confirm builder's structural/mechanical guarantees.
- Confirm builder financing incentives, earnest money terms, and any customization deadlines.
- Verify homeowner's insurance availability and quotes given flood zone and river proximity.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $216,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of REAL BROKER LLC. Data via realMLS (Northeast Florida MLS), updated Aug 28, 2026, 1:20 PM.
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