Villa Lago
Homes for Sale in Miramar Beach, FL
All 675 homes for sale in Miramar Beach, FL · median $659,000 · 703 homes for sale in 32550 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of October 2026, Villa Lago in Miramar Beach, FL has 11 homes for sale and 2 pending, asking from $895,000 to $1,175,000 (median $1,050,000). Over the 12 months ending 2026-09-20, 12 recorded sales closed at a median of $1,075,000, a median 95 days on market, sellers accepting 92% of original asking (+4% versus the prior year). Homes listed or recently sold were built 2008–2023; none of the 25 geocoded homes sit in a FEMA special flood hazard zone (median elevation 9 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $10,490 ($10,100 with the full homestead exemption).
Last 30 days in Villa Lago: 2 under contract right now, 2 closed sales (median $966,500). As of October 16, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Villa Lago
Live MLS inventory for Villa Lago. 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 · 36 daysTop listing
Active · 57 days
Active · 72 days
Active · 73 days
Active · 131 days
Active · 239 days
Active · 132 days
Active · 165 days
Active · 161 days
Active · 91 days
Active · 198 days
Pending · 108 days
Pending · 233 daysActive and pending Villa Lago listings as of 2026-10-14, 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.
Villa Lago is a small, tight collection of homes in Miramar Beach — seven homes with a median just over 2,600 square feet and a build window of 2012 to 2016. With no identified community amenities in current listings, price here is driven by the house itself: construction era, condition, finishes, and lot. That means comparables matter more than a shared brochure, and two homes at similar square footage can land far apart depending on how they've been kept.
The current posture favors patience. A median of 94 days on market and a heat score of 15 tell you this is a slow, deliberate market, not a bidding-war environment, and year-over-year values are off 2.9%. For sellers, that means realistic pricing and staging carry the day. For buyers, there's room to negotiate and time to do diligence — the pressure to decide overnight simply isn't here.
Villa Lago right now
🟢 Buyer-leaning market. 13.0 months of supply and 13% 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 20, 2026. Confidence: High (15 active and pending listings, 12 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($1.08M) is up 4.3% from the prior 12 months ($1.03M). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (12 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 16, 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
Villa Lago market snapshot (as of September 20, 2026): the median sale price is about $1.08M, a median 96 days on market for closed sales, and 13.0 months of supply, a buyer-leaning market. The trailing-12-month median is up 4% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (12 closings in the current window).
In ZIP 32550 (Miramar Beach), 530 homes closed in the last 12 months at a median of $729K, up 3.7% year over year, with a median 99 days on market. Right now 355 active and 39 pending listings put supply at about 9.8 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.
County records show 28 qualified sales in VILLA LAGO across 2024–2025 (13 in 2024, 15 in 2025), median $1.28M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Villa Lago: of 14 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Miramar Beach.
Villa Lago is a community of 244 homes in Miramar Beach, Walton County, built between 1989 and 2024 (median 2012.0), with a median living area of about 2,506 square feet. 32% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Villa Lago is a compact, newer-construction pocket in Miramar Beach where the homes — not shared amenities — set the value. With 15 active listings against a small owned base, there's inventory to compare and time to be selective.
The setting & the homes.
Aerial and on-site photos of Villa Lago. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Villa LagoVilla LagoVilla LagoVilla LagoVilla LagoVilla LagoVilla LagoVilla LagoPhotos from Emerald Coast MLS listings in Villa Lago; content deemed reliable but not guaranteed.
Who Villa Lago is best for.
Best for
- Buyers targeting a newer, roughly 2,700-square-foot beach-area home around the $1,050,000 median who want time to compare
- Second-home or investment buyers comfortable with a Walton County beach-adjacent market and its seasonal rhythm
- Value-focused buyers ready to weigh condition and finishes carefully in a slow, negotiable market
Probably not for
- Buyers who want a community with pools, gyms, or shared amenities — none are identified here
- Sellers needing a quick sale, given days on market near 94 and values off 2.9% year over year
- Buyers seeking a predictable price tier rather than a condition-driven spread
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.08M) IS the median in the snapshot above, and the move from 2025 ($1.03M) IS the +4.3% one-year change.
Windows contain 0 to 22 sales each (12 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
15% of homes for sale in Villa Lago are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-17).
VILLA LAGO Market Scorecard
VILLA LAGO is currently a strong buyer's market. About 11.0 months of supply, a median asking price of $1,050,000, and homes go under contract in about 137 days.
Typical home value in the 32550 ZIP is $655,269, about 37.7% 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.
Villa Lago 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 contributors.
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 Villa Lago 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 Villa Lago address.
Shop the zone: Homes zoned for South Walton High School · Homes zoned for Fort Walton Beach High School
The Villa Lago buying strategy.
If we were buying in Villa Lago 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 Villa Lago.
A small enclave that trades on the house
The numbers describe a niche, not a machine: 7 homes, 11 closings in the tracking window, and 15 active listings. That combination of few owned homes and a relatively deep active list means supply is meaningfully ahead of the pace of sales — one reason days on market sit near 94. A median price of $1,050,000 with a build range of 2012 to 2016 points to substantial, recent-vintage homes, but with no amenity package to anchor value, expect a wide spread tied to condition and updates rather than a tidy tier of price points.
A homestead share near 29% suggests a good portion of the homes here are held as second homes or rentals rather than primary residences — consistent with a Walton County beach-adjacent location. That matters for buyers: turnover and pricing can move with the vacation and investment cycle as much as with local demand, so read each listing's history rather than assuming a single market rhythm.
The location and the amenities are priced into every listing in Villa Lago. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Villa Lago buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (3.8). Basis: Recent Direction +4.3% year-over-year; Liquidity & Demand 13.0 months of supply; Owner Commitment 32% owner-occupied; Pricing Power 92.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this small and this condition-driven, the win is in the comparables and the negotiation — not the headline. We track every closing and active listing in Villa Lago, so we can tell you whether a given asking price reflects finishes and upkeep or optimism. With days on market near 94 and values off slightly year over year, we help sellers price to actually move and help buyers use the slower pace to their advantage.
Villa Lago in 15 seconds.
Email me new listings in Villa Lago
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Villa Lago
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Villa Lago will answer, and the answer is published on this page for the next buyer.
What it really costs to own in Villa Lago
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $6,865/yr across 12 listings here (MLS tax records, 2026-10-16). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 14 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2013 across 12 listings. An original roof here is about 13 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
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.
Flood & Insurance Context
Of 14 sampled listing addresses in this community: 100% outside the FEMA Special Flood Hazard Area (Zone X/B/C).
Address-sampled; individual parcels vary - verify any specific address at msc.fema.gov. Check any address at FEMA's Flood Map Service Center, and see average home-insurance costs by Florida county.
Source: FEMA National Flood Hazard Layer, address-level lookups (n=14) · as of 2026-10
Tools for a Villa Lago 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 Villa Lago sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Villa Lago, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Villa Lago home worth?
Get a no-obligation home value based on real comparable sales in Villa Lago, 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 VILLA LAGO
Homes in VILLA LAGO 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. 7 on record.
- 1857 Boardwalk Drive · off market
- 1874 Boardwalk Drive · off market
- 1955 Baytowne Loop · off market
- 1964 Baytowne Loop · off market
- 1966 Baytowne Loop · off market
- 1976 Baytowne Loop · off market
- 1980 Baytowne Loop · off market
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 244 (FL DOR 2025 assessment roll) |
| Years built | 1989–2024 (median 2012.0) |
| Typical living area | 2,506 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Gated, Beach, Fishing, Marina, Pool, TV Cable |
| Sale prices, last 12 months | $1,075,000 median across 12 closed sales · +4.3% vs the prior 12 months |
| Days on market (closed sales) | 95 median |
| For sale right now | 13 active, 2 pending · median asking $1,049,000 · 13.0 months of supply |
| Owner-occupied (homestead) share | 32% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Villa Lago key facts,” movewithmomentum.com/neighborhoods/villa-lago--walton, data as of September 20, 2026.
Housing distress & ownership in VILLA LAGO, 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.
Just listed in Villa Lago
The newest homes for sale in Villa Lago right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 1872 Boardwalk Drive $1,175,000 · 4 bd · 4 ba · 42 days on market Courtesy of Destin Lifestyles Real Estate
- 1934 Boardwalk Drive $1,125,000 · 4 bd · 4 ba · 63 days on market Courtesy of Counts Real Estate Group Inc
- 1948 Boardwalk Drive $1,100,000 · 4 bd · 3.5 ba · 78 days on market Courtesy of simpliHOM
- 1869 Boardwalk Drive $1,100,000 · 3 bd · 3.5 ba · 79 days on market Courtesy of The Agency Northwest Florida Beaches
- 1963 Baytowne Loop $1,090,000 · 4 bd · 5 ba · 137 days on market Courtesy of EXP Realty LLC
- 1975 Baytowne Loop $1,049,000 · 4 bd · 4 ba · 138 days on market Courtesy of Pinnacle Realty Advisors
Checked against the MLS Oct 16, 2026. All new listings in this market.
Every Home for Sale in Villa Lago Walton Right Now (12)
All 12 active and pending Villa Lago Walton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1872 Boardwalk Drive · $1,175,000 · 4 bd / 4 ba · listed Sep 4, 2026 · listed by Destin Lifestyles Real Estate
- 1934 Boardwalk Drive · $1,125,000 · 4 bd / 4 ba · listed Aug 14, 2026 · listed by Counts Real Estate Group Inc
- 1948 Boardwalk Drive · $1,100,000 · 4 bd / 3.5 ba · listed Jul 30, 2026 · listed by simpliHOM
- 1869 Boardwalk Drive · $1,100,000 · 3 bd / 3.5 ba · listed Jul 29, 2026 · listed by The Agency Northwest Florida Beaches
- 1963 Baytowne Loop · $1,090,000 · 4 bd / 5 ba · listed Jul 16, 2026 · listed by EXP Realty LLC
- 1975 Baytowne Loop · $1,049,000 · 4 bd / 4 ba · listed Jul 16, 2026 · listed by Pinnacle Realty Advisors
- 1853 Boardwalk Drive · $995,000 · 3 bd / 3.5 ba · listed Jul 16, 2026 · listed by Scenic Sotheby's International Realty
- 1861 Boardwalk Drive · $999,000 · 3 bd / 3.5 ba · listed Jul 16, 2026 · listed by Scenic Sotheby's International Realty
- 1967 Baytowne Loop · $895,000 · 3 bd / 3 ba · listed Jul 16, 2026 · listed by The Agency Northwest Florida Beaches
- 1961 Baytowne Loop · $1,050,000 · 4 bd / 4 ba · listed Jul 16, 2026 · listed by Compass
- 1935 Boardwalk Drive · $920,000 · 4 bd / 4 ba · pending · listed Jul 16, 2026 · listed by The Agency Northwest Florida Beaches
- 1959 Baytowne Loop · $959,999 · 4 bd / 4 ba · pending · listed Jul 16, 2026 · listed by Compass
Recently sold in Villa Lago Walton
- 1966 Baytowne Loop · sold $1,023,000
- 1980 Baytowne Loop · sold $1,265,000
- 1964 Baytowne Loop · sold $875,000
- 1955 Baytowne Loop · sold $925,000
- 1857 Boardwalk Drive · sold $1,159,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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- Miramar Beach home values: what is my house worth?
- ZIP 32550 housing scorecard
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Baytowne Loop (50 homes on record)
- Boardwalk Drive (36 homes on record)
- Boardwalk Drive (6 homes on record)
- Baytowne Loop (5 homes on record)
Frequently Asked Questions
What is the median home price in Villa Lago?
How long do homes in Villa Lago take to sell?
Is Villa Lago a buyer's or seller's market right now?
How many homes are in Villa Lago?
What share of Villa Lago is owner-occupied?
When were the homes in Villa Lago built?
Who is the best real estate agent for Villa Lago?
How do I find a top Miramar Beach real estate agent who knows Villa Lago?
Can Momentum Realty connect me with an agent for Villa Lago?
Where is Villa Lago, and what county is it in?
Is Villa Lago in a flood zone?
Is Villa Lago a good place to live?
Should you buy in Villa Lago?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 14, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2008 (161 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?
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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.
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See how VILLA LAGO fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Villa Lago
- Home values · What homes in Villa Lago actually sell for
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