Oyster Bay Harbor Neighborhood Real Estate Update - 2023, 4rd Quarter

We had some significant sales of homes in the Oyster Bay Harbour community of Fernandina Beach, FL this past quarter, which has an impact on your property values. As a top listing agent in the Oyster Bay Harbour neighborhood as well as a resident realtor, here's a quick recap of the Oyster Bay Harbour real estate market as we close out 2023.

Recent Home Sales in Oyster Bay Harbor

• 96254 Soap Creek – Sold 11/30/2023 for $2,050,000 ($514/sq-ft.) – MLS #106514
• 96450 Bay View – Sold 11/30/2023 for $1,250,000 ($499/sq-ft.) – MLS #106513
• 96160 Soap Creek – Sold 12/29/23 for $860,000 ($373/sq-ft.) – MLS #106346*
• 96557 Bay View – Sold 11/06/2023 for $880,000 ($429/sq-ft.) – MLS #103836*
• 96422 Contessa Pointe – Sold 11/22/2023 for $840,403 ($296/sq-ft.) – MLS #98662*

Five homes sold during the 4^th quarter of 2023. Two homes were new builds, and three were existing homes, two of which I both listed and sold. The $2,050,000 sales price of the home I listed and sold at 96254 Soap Creek Dr. equated to a whopping $514/sq-ft. This was a record-setting square-foot price sold for the Oyster Bay Harbour.

The average square-foot price of homes sold in the 4^th Quarter of 2023 was $422/sq-ft. This was up 17% from the $360/sq-ft. average price last quarter, and up 26% from the $334/sq-ft. average price this time last year.

Not factored into this average valuation is the unique estate located at 96604 Sand Penny Island. This property sold for $3,200,000 million on 10/12/23 and had been listed for sale for $4,650,000.

Homes Currently Available for Sale in Oyster Bay Harbor

• 96058 Bay View - $989,000 – MLS #106394*
• 96026 Park - $999,800 – MLS #105512
• 96199 Light Wind - $1,095,000 – MLS #106126*
• 96478 Soap Creek - $1,399,000 – MLS #1179202*

As of December 31, 2023 there are currently four existing homes listed as Active for sale in the Oyster Bay Harbour neighborhood of Fernandina Beach ranging in price from $989,000 - $1,399,000. The average listed price per square foot is $350.

New Home/Lot Packages Available for Sale in Oyster Bay Harbor

• 96582 Bay View - $920,000 – MLS #1245407*
• 96564 Compass Pointe - $949,000 – MLS #106442*
• 96760 Soap Creek - $2,085,000 – MLS #106367*

There are also currently 3 lot/home building packages listed Active for sale in Oyster Bay Harbour with an average price of $1,318,000, or $383/square-foot.

Homes Under Contract in Oyster Bay Harbor 

• 96630 Bay View – Listed for $1,100,000 – MLS #106359*
• 96594 Compass Pointe – Listed for $949,000 – MLS #105857*
• 96558 Compass Point – Listed for $899,000 - MLS #103512*
• 96569 Bay View - Listed for $879,000 - MLS #103510*
• 96600 Compass Point - Listed for $869,000 - MLS #102828*
• 96401 Contessa Point - Listed for $719,000 - MLS #101678*

6 homes are currently Under Contract in the neighborhood. All of these homes are in the process of being built by Artisan and New Atlantic builders. The average square-foot price of these homes is $338/square-foot, for a total average price of $902,500 per home. However, this listed price may differ from the final sale price once the homes are fully specked out and built.

Vacant Lots Sold in Oyster Bay Harbor

• 96442 Soap Creek - $250,000 – MLS #105485

If you watched my video last quarter, you learned that vacant lot sales have slowed down and that no vacant lots had sold in the first three quarters of 2023. However, I have some good news this quarter as there has been some movement in the 4^th quarter of 2023. I’m happy to report I sold the vacant lot at 96642 Soap Creek Dr, on 11/21/2023 for $250,000.

Vacant Lots Under Contract in Oyster Bay Harbor

• 96621 Bay View – Listed for $375,000 – MLS #106407

Additionally, another lot I listed for sale at 96621 Bay View Dr. in late November went Under Contract in just 12 days.

Vacant Lots Available for Purchase in Oyster Bay Harbor

• 96426 & 96430 Conch - $299,900 - MLS #104817
• 96602 Bay View - $299,000 – MLS #1245484*
• 96760 Soap Creek - $290,000 – MLS #105709*
• 96600 Soap Creek - $285,000 - MLS #106714
• 96614 Bay View - $275,000 - MLS #105816*
• 96424 Soap Creek - $275,000 – MLS #105506
• 96634 Soap Creek - $270,000 - MLS #104020*
• 96588 Soap Creek - $269,000 – MLS #106441
• 96744 Soap Creek - $235,000 - MLS #104358*
• 96720 Soap Creek - $225,000 - MLS #105635*

There are currently 10 vacant lot listings Active for sale, 4 of which I have listed for sale. The average price of lots listed for sale is $272,656. I will be hosting an Open House at the side-by-side lots I have listed at 96600 & 96588 Soap Creek Dr. on January 7^th from 11:00-1:00 p.m. Swing by for some muffins and mimosas and see these marsh front lots for yourself!

What Buyers are Looking For in Oyster Bay Harbor
I do have several customers I’m working with who are looking for a vacant interior lot in Oyster Bay Harbour, and several more customers who are looking for an existing single-story home in the community. If you have either of these options and would consider selling, please feel free to reach out to me.

Curious how much your home in the Oyster Bay Harbour neighborhood of Fernandina Beach, Florida is worth? Visit my web page devoted to the neighborhood Oyster Bay Harbour at https://www.CloseWithColleen.com/OysterBay

Visit https://www.CloseWithColleen.com/listing to search for a home in the Oyster Bay Harbour neighborhood, or around Amelia Island and Fernandina Beach, Florida.

How can you find out when a home in the Oyster Bay Harbour Community is listed for sale? Join the Oyster Bay Harbour Buyers waitlist at https://www.CloseWithColleen.com/OysterBayWaitlist

Or feel free to call or text me at (904) 866-1211 or email me at Colleen@CloseWithColleen.com if I can help with any of your real estate needs in the Oyster Bay Harbour community, or around Fernandina Beach, Amelia Island, Yulee, or Nassau County, Florida. 

ABOUT TOP FERNANDINA BEACH REALTOR COLLEEN GERKE
Colleen Gerke is a Top Producer Realtor in Fernandina Beach, Amelia Island, Yulee and the surrounding Northeast Florida area. Colleen has a top 5-Star rating on Zillow, Yelp, Realtor.com and Facebook. She strives to be the best real estate agent you’ve ever worked with! Whether you’re looking to sell your house in Fernandina Beach, move to Amelia Island, or add a Florida property to your rental portfolio, you’ll have a stress-free real estate experience when you Close with Colleen.

*Home is not listed for sale by Colleen Gerke of Engel & Volkers First Coast.