Crest Bay Cottages
Homes for Sale in Miramar Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Crest Bay Cottages in Miramar Beach, FL has 7 homes for sale and 3 pending, asking from $552,114 to $701,900 (median $635,900). Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $621,900, a median 7 days on market, sellers accepting 101% of original asking. Homes listed or recently sold were built 2026–2026 with 15 new construction; 1 of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $6,070 ($5,680 with the full homestead exemption).
Homes For Sale Right Now in Crest Bay Cottages
Live MLS inventory for Crest Bay Cottages. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 45 daysTop listing
Active · 45 days
Active · 44 days
Active · 16 daysActive · 15 days
Active · 47 days
Active · 139 days
Pending · 107 days
Pending · 0 days
Pending · 35 daysActive and pending Crest Bay Cottages listings as of 2026-09-12, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Crest Bay Cottages sits in Miramar Beach, and the current snapshot is thin by design: one active listing against a median of $621,900. With inventory this tight, price here is set less by a broad market and more by the condition, finishes, and exact position of whatever cottage happens to be available. Treat the median as a reference point, not a menu — the spread on a community this small can be wide depending on what comes up.
The posture right now favors sellers on speed. A median of 11 days on market means well-prepared listings are moving quickly, and with essentially no competing inventory, a seller who prices with the median in view has leverage. For a buyer, that same math means you move when a listing appears rather than waiting for a wave of options — hesitation costs you the only door in the room.
Crest Bay Cottages right now
🟢 Buyer-leaning market. 16.8 months of supply and 30% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 12, 2026. Confidence: High (10 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Crest Bay Cottages market snapshot (as of September 12, 2026): the median sale price is about $622K, a median 7 days on market for closed sales, and 16.8 months of supply, a buyer-leaning market.
This is a small, fast-moving pocket of Miramar Beach where availability is the real constraint. Buyers should expect to act on limited choices, and sellers should expect attention when they list.
The setting & the homes.
Aerial and on-site photos of Crest Bay Cottages. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Crest Bay CottagesCrest Bay CottagesCrest Bay CottagesCrest Bay CottagesCrest Bay CottagesCrest Bay CottagesCrest Bay CottagesCrest Bay CottagesPhotos from Emerald Coast MLS listings in Crest Bay Cottages; content deemed reliable but not guaranteed.
Who Crest Bay Cottages is best for.
Best for
- Buyers pre-approved and ready to act the moment a listing appears
- Buyers targeting the mid-$600s in Miramar Beach who want a specific cottage over a big menu
- Sellers who want to list into low competing supply and a quick market
Probably not for
- Buyers who want several homes to tour and compare before deciding
- Buyers whose budget depends on a price range this snapshot cannot provide
- Buyers who require shared community amenities, which the current listings do not show
Housing distress & ownership in Crest Bay Cottages, Miramar Beach
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. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Crest Bay Cottages on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Crest Bay Cottages listings and can change; always confirm with Walton County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Crest Bay Cottages address.
The Crest Bay Cottages buying strategy.
If we were buying in Crest Bay Cottages 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Crest Bay Cottages.
A thin market that rewards readiness
With only one active listing and three recent closings in the window, Crest Bay Cottages behaves like a low-supply niche rather than a deep, liquid neighborhood. That has two effects: the median price is more sensitive to the individual home than to any trend, and the 11-day median on market tells you turnover is quick when something does hit. Don't read a single median as a floor or a ceiling — read it as the middle of a small, condition-driven set.
No community amenities surface from current MLS listings, so the value proposition rests on the homes themselves and the Miramar Beach location within Walton County rather than on shared facilities. If amenities are part of your decision, verify directly before you write an offer, because there is nothing in the current data to lean on.
The location and the amenities are priced into every listing in Crest Bay Cottages. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with one active listing and a fast median on market, timing and preparation decide the outcome. We track Crest Bay Cottages closely enough to flag a new listing early, position an offer against the median rather than a guess, and tell you plainly when the available home is not the right one to chase.
Crest Bay Cottages in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Crest Bay Cottages 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 Crest Bay Cottages sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Crest Bay Cottages, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Crest Bay Cottages home worth?
Get a no-obligation home value based on real comparable sales in Crest Bay Cottages, 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 Miramar Beach →
Recently off market in Crest Bay Cottages
Homes in Crest Bay Cottages that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 108 Dylan Drive · off market
- 64 Dylan Drive · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Crest Bay Cottages Market Scorecard
Crest Bay Cottages is currently a strong buyer's market. About 16.8 months of supply, a median asking price of $635,900, and homes go under contract in about 45 days.
Typical home value in the 32550 ZIP is $653,669, about 36.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
What is the median home price in Crest Bay Cottages?
How long do homes in Crest Bay Cottages take to sell?
Is Crest Bay Cottages a buyer's or seller's market right now?
Who is the best real estate agent for Crest Bay Cottages?
How do I find a top Miramar Beach real estate agent who knows Crest Bay Cottages?
Can Momentum Realty connect me with an agent for Crest Bay Cottages?
Should you buy in Crest Bay Cottages?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Crest Bay Cottages with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2026 (5 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 Emerald Coast MLS 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.
Own a home here?
You just read the data. Now see what your home is worth.
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 sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Crest Bay Cottages fits the bigger picture — live prices, inventory, and Momentum Scores: