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Active

Active·2 days on market

2941 Watkins Road

Green Cove Springs, FL 32043

$1,000,000$639/sqftEst. $5,168/moMLS# 2163335

Beds

Baths

1,564

Sq Ft

1987

Built

Garage

Pool

About this home

Green Cove Springs

Miss those ''Old Florida'' feels? Here's a rare opportunity to own a mature 10 acre equestrian estate, waterfront to Peters Creek with a brick home, pastures, horse barn, dreamy oak trees and more! The home itself is 3 bed/2 bath, with newer hardwood floors and kitchen appliances. Bring your own touches and updates to make it your dream home. Fenced backyard with doghouse. Utilities are artesian well/septic. The property includes a horse barn with 7 stalls, feed room and an air conditioned office. Additionally, 8 fenced pastures, both a round pen and a riding arena, plus a hay barn. The property extends beyond the tree line and is waterfront to Peters Creek which leads out to Black Creek. Come take a look and take advantage of this rare opportunity to own a piece of Florida that is becoming rarer by the day!

Cost to own

Mortgage calculator

Home Price

$1,000,000

Down Payment: 20%

$200,000

Interest Rate: 6.71%

Loan Term

Monthly Payment

$5,168

Principal & Interest: $5,168

Property taxes (est.): $1,532

Insurance (est.): $667

Estimated Total Monthly

$7,367

*30-year loan at 6.71% APR (avg 30-yr rate 2026-09-03, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.71% · 30yr$5,168

Property taxesest. at asking price, Clay County$1,532

Estimated total, before insurance$6,700/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$1,625/yr · $135/mo

• 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).

Cost to own

Taxes & assessment

2025 property taxes (current owner): $1,625/yr

Estimated taxes if purchased at asking price: ~$18,400/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 792 current Clay listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.

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.

Hurricane evacuation zone D

Zone D evacuates after zones A, B, C in an approaching storm.

Roof: Shingle — year not disclosed (home built 1987)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Septic system (public record) · Private well (public record)

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,690 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 home

As of September 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.

History

Price & status history

Sep 3, 2026Listed$1,000,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$1,000,000

Price / Sq Ft$639

Bedrooms3

Bathrooms2.00

Full Baths2

Square Footage1,564

Acres10.13 acres

Year Built1987

TypeResidential

Sub-TypeSingle Family Residence

StyleRanch

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontYes

Community Information

Address2941 Watkins Road, Green Cove Springs, FL 32043

Area162-Russell Landing/Penney Farms

SubdivisionGreen Cove

CityGreen Cove Springs

CountyClay

StateFL

Zip Code32043

Lot Size441,262.8 sq ft

Parcel Number46052601032300100

Amenities

UtilitiesElectricity Connected

SewerPrivate Sewer, Septic Tank

Water SourceWell

ParkingAttached, Garage

ViewCreek/Stream, Protected Preserve, Trees/Woods

Waterfront TypeCreek, Navigable Water

Interior

Interior FeaturesBreakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

HeatingCentral, Electric

CoolingCentral Air, Electric

FlooringTile, Wood

FireplaceYes

# of Fireplaces1

# of Stories1

LevelsOne

LaundryIn Garage