Aerial view of Arbor Lake

Arbor Lake
Homes for Sale in Crestview, FL

All 423 homes for sale in Crestview, FL · median $329,000 · 166 homes for sale in 32536 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32536
37 homesBuilt 2009–2012
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Built fromLive Emerald Coast MLS data6 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 3 closed sales in Arbor Lake Phase Ii in Crestview, FL since 2020, the most recent in August 2023. Across Crestview as a whole, 571 homes closed in the last 12 months at a median of $321,973, 71 median days on market, with 184 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,150 ($3,640 with the full homestead exemption).

ARBOR LAKE PHASE II key facts
LocationCrestview, Okaloosa County, FL · ZIP 32536
Homes in the community37 (FL DOR 2025 assessment roll)
Years built2009–2012 (median 2009.0)
Typical living area1,215 sq ft (median)
Owner-occupied (homestead) share6%

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, “ARBOR LAKE PHASE II key facts,” movewithmomentum.com/neighborhoods/arbor-lake-phase-ii, data as of September 20, 2026.

Live · Arbor Lake Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
6%
Owner-occupied · Arbor Lake
4 of 73 parcels homesteaded (FL DOR 2025)
94%
Non-owner-occupied · Arbor Lake
incl. 84% trust or LLC-held · 89% out-of-state
37
Homes in the community
plus 36 vacant residential lots · 73 residential parcels (FL DOR 2025)
Track record · 6 years of records
Est. 2009
Community established
homes built 2009-2012, median 2009 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Arbor Lake Phase II is a small subdivision-scale market in Crestview, and with no shared amenities pulling weight, price here comes down to the individual home: its condition, its lot, and how it shows against the handful of other listings competing at any given moment. There is no clubhouse or gate premium to lean on, so a well-maintained, move-in-ready house is what commands attention.

For sellers, that means presentation does the heavy lifting — updates and condition are the lever, not the address. For buyers, it means you are pricing a house, not a lifestyle package, so scrutinize the specific property rather than assuming the community carries value on its own.

Nearby homes for sale

No active listings inside ARBOR LAKE PHASE II right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

408 Arbor Lake Drive
$200K · 0.0 mi away
3 bd · 2.5 ba
408 Arbor Lake Drive
Listed by RE/MAX by the Sea
406 Arbor Lake Drive
$245K · 0.0 mi away
3 bd · 2 ba
406 Arbor Lake Drive
Listed by Panhandle Management LLC
1346 N Pearl Street
$142K · 0.2 mi away
4 bd · 1 ba
1346 N Pearl Street
Listed by ERA American Real Estate
620 Panama Drive
$300K · 0.2 mi away
3 bd · 2 ba
620 Panama Drive
Listed by 1st Class Panhandle
910 N Lloyd Street
$225K · 0.2 mi away
4 bd · 2 ba
910 N Lloyd Street
Listed by The Property Group 850 Inc
215 E 3rd Avenue
$205K · 0.3 mi away
2 bd · 2 ba
215 E 3rd Avenue
Listed by Assurance Realty of NWFL LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Arbor Lake Phase II is a residential pocket of Crestview in Okaloosa County with no community amenities identified in current MLS listings, so its appeal is tied to the homes and the location rather than shared facilities.

Emerald Coast MLS sales records identify 5 homes in ARBOR LAKE that have changed hands since 2020, built between 2012 and 2012 (median 2012), with a median living area of about 1,755 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are townhomes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Value-focused buyers who want more house per dollar in inland Okaloosa County
  • Buyers comfortable evaluating a home on its own condition and lot rather than community perks
  • Those who prefer no amenity-driven HOA obligations

Probably not for

  • Buyers set on a gated or amenity-rich community with a clubhouse or pool
  • Anyone prioritizing short drive times to the coast
  • Buyers who want a large pool of interchangeable listings to compare on any given week

The market around Arbor Lake

Arbor Lake is too small for its own price trend, so here is the market around it.

In ZIP 32536, 257 homes are on the market and 32% are under contract — a fast-moving corner of Crestview.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32536 (Crestview), 425 homes closed in the last 12 months at a median of $322K, up 3.9% year over year, with a median 73 days on market. Right now 122 active and 57 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32536 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Arbor Lake specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in ARBOR LAKE PHASE II, Crestview

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 6 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

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.

If we were buying in Arbor Lake today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Arbor Lake.

Best Buy
Buyers who want value inland and are shopping a specific house rather than a resort-style community.
Biggest Risk
With no shared amenities, resale leans entirely on the individual home and location.
Sweet Spot
A move-in-ready home on a good lot priced against current comparable listings.
Avoid If
You expect a gated or amenity-rich community or want to be near the coast.

A home-by-home market

Because nothing in the current listing data points to community amenities, there is no HOA-driven feature set differentiating one house from the next. That tends to keep the story simple and condition-driven: the strongest homes are the ones that have been kept up or updated, and the spread between them and tired inventory can be wide.

Crestview sits inland in Okaloosa County, which generally means more house per dollar than the coastal end of the Emerald Coast market. Buyers here are typically weighing space and value; the trade-off is distance from the beach corridors, so the location suits people who prioritize the interior of the county over waterfront proximity.

“

The location and the amenities are priced into every listing in Arbor Lake. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small, condition-driven market like this, the right read on a single property matters more than any community-level pitch. We price and evaluate homes on their own merits — lot, condition, and how they stack against the current competition — and we will tell you plainly when a specific listing is not worth what it is asking.

Arbor Lake in 15 seconds.

Best forBuyers who want value inland and are shopping a specific house rather than a resort-style community.
Biggest advantagePrice is condition-driven, so a well-kept home stands out without amenity fees baked in.
Biggest riskWith no shared amenities, resale leans entirely on the individual home and location.
Sweet spotA move-in-ready home on a good lot priced against current comparable listings.
Avoid ifYou expect a gated or amenity-rich community or want to be near the coast.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Arbor Lake homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Arbor Lake.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Arbor Lake sales matched to your home.

What is your Arbor Lake home worth?

Get a no-obligation home value based on real comparable sales in Arbor Lake, 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 Crestview →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Arbor Lake?
The Florida DOR 2025 assessment roll shows 37 homes plus 36 vacant residential lots in Arbor Lake (public records).
What share of Arbor Lake is owner-occupied?
6% of Arbor Lake parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Arbor Lake built?
Homes in Arbor Lake were built between 2009 and 2012, with a median year built of 2009.0 (FL DOR 2025 roll).
Who is the best real estate agent for Arbor Lake?
The best agent for Arbor Lake is one who actively works Crestview and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Arbor Lake.
How do I find a top Crestview real estate agent who knows Arbor Lake?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Arbor Lake and the wider Crestview area.
Can Momentum Realty connect me with an agent for Arbor Lake?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Arbor Lake purchase or sale - no call center and no pressure.
Where is Arbor Lake, and what county is it in?
Arbor Lake is in Crestview, Okaloosa County, FL, ZIP 32536.
Value-focused buyers who want more house per dollar in inland Okaloosa CountyExcellent fit
Buyers comfortable evaluating a home on its own condition and lot rather than community perksExcellent fit
Those who prefer no amenity-driven HOA obligationsExcellent fit
Buyers set on a gated or amenity-rich community with a clubhouse or poolProbably not
Anyone prioritizing short drive times to the coastProbably not
Buyers who want a large pool of interchangeable listings to compare on any given weekProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32536))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2020 (3 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.

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Nearby Communities

Explore more neighborhoods near Arbor Lake with Momentum Realty’s local guides.

Arbor Lake (Okaloosa)0.0 mi away · 37 homes, built 2009–12, 2 for saleNorthside S D0.1 mi awayMccaskill0.1 mi away · 9 homes, built 1941–91Mccaskill0.2 mi away · 66 homes, built 1912–22Mccaskill0.2 mi away · 149 homes, built 1912–24, 1 for saleCrestwood Manor0.2 mi awayAnderson S D0.3 mi away · 82 homes, built 1937–24Northhill0.3 mi away · 34 homes, built 1936–23

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