This home is in Bannon Lakes, St. Augustine — a waterfront home in St. Johns County.
Active·90 days on market·Bannon Lakes
187 Fallen Oak Trail
St. Augustine, FL 32095
47 more homes for sale in Bannon Lakes →Search Bannon Lakes on the map
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Krista Fracke, Broker Associate. You'll hear back from me directly, not from a call center.
About this home
Bannon Lakes
Sellers are offering a $5,000 concession with an acceptable offer, use it toward closing costs, rate buydown, or updates of your choice. This 4 bedroom, 3 bath beauty checks every box & then some. Step inside to a bright, large open concept living & dining combo that flows straight into the kitchen with white cabinetry, black appliances, and a center island perfect for morning coffee or hosting the whole crew. The master bedroom offers just enough of a pond glimpse from the window to remind you why you love Florida living & the master bath features a dual-sink vanity with quartz counters, & a tub/shower combo. One of the guest bedrooms comes with its own private ensuite bath, making it the perfect setup for visiting family, a roommate, or a home office. 2 additional guest bedrooms & a full 3rd bath round out the split floor plan. Zoned for A-rated schools, this home also puts you inside a community with wonderful amenities.
Next steps in Bannon Lakes
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
This bill runs well above the county-average estimate — usually the sign of a CDD or special assessment on this home. We confirm the exact line (and whether a bond was ever prepaid) before you offer.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Zone X — minimal flood hazard
Flood insurance is typically not required by lenders (always optional).
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Outside all hurricane evacuation zones
This location is not in a designated storm-surge evacuation zone.
Roof: Shingle — year not disclosed (home built 2021)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,683 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeAs of August 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Around this address
Nearby, from public data
The closest public beach, park, water access, league fields and grocery store from this home's location.
Closest beach parking
Guana Reserve dirt lotabout 8 mi · 60 parking spaces
Closest park or preserve
Stokes Landing Conservation Area15 min drive · 1.9 mi of trails
Closest public boat ramp
Trout Creek Park Boat Rampabout 7 mi · St. Johns River - Trout Creek (St. Augustine)
Closest kayak & paddleboard launch
Nocatee Landing Park – Paddlecraft Rampabout 7 mi · Tolomato River
Closest youth league fields
Mill Creek Park13 min drive · Baseball
Closest grocery store
Costco7 min drive · 215 World Commerce Parkway, St. Augustine
Not from the MLS. Places from FWC, FDEP, the water districts, the counties and the cities; stores from state food permits and each chain’s store list. Distances are straight-line from this home unless a drive time is shown. Fees, hours and access change, so check the agency’s page before you go.
Cost to own
Taxes & assessment
2025 property taxes (current owner): $7,829/yr
Estimated taxes if purchased at asking price: ~$6,800/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.
History
Price & status history
- Aug 28, 2026Price change$424,900−$25,090
- Jul 31, 2026Listed$449,990
History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $208/sq ft; this home is listed at $190/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 228 River Mist Drive, St. Augustine, FL 32095Listed by NEEDHAM REALTY GROUP | Sep 2026 | $405,000 | $208 | 3/2.5 | 1,943 | 499 | 0.1 |
| 151 Ash Breeze Cove, St. Augustine, FL 32095Listed by COLDWELL BANKER VANGUARD REALTY | Aug 2026 | $455,000 | $271 | 3/2 | 1,678 | 8 | 0.1 |
| 201 Ash Breeze Cove, St. Augustine, FL 32095Listed by DAVIDSON REALTY, INC. | Jul 2026 | $510,000 | $225 | 4/3.5 | 2,270 | 12 | 0.1 |
| 165 Bluejack Lane, St. Augustine, FL 32095Listed by KELLER WILLIAMS ST JOHNS | Oct 2026 | $445,000 | $186 | 4/3 | 2,395 | 126 | 0.2 |
| 31 Crystal Crest Lane, St. Augustine, FL 32095Listed by UNITED REAL ESTATE GALLERY | Aug 2026 | $350,000 | $205 | 3/2.5 | 1,710 | 9 | 0.2 |
| 190 Blind Oak Circle, St. Johns, FL 32095Listed by PULTE REALTY OF NORTH FLORIDA, LLC. | Aug 2026 | $515,110 | $207 | 5/3 | 2,483 | 8 | 0.2 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
The neighborhood
About Bannon Lakes
Bannon Lakes is a neighborhood in St. Johns County, FL (St. Johns County), ZIP 32095.
View all Bannon Lakes homes for sale →Keep looking
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Krista Fracke
Broker Associate
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