Bay Magnolia
Homes for Sale in Santa Rosa Beach, FL
All 844 homes for sale in Santa Rosa Beach, FL · median $1,162,500 · 646 homes for sale in 32459 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Bay Magnolia in Santa Rosa Beach, FL has 2 homes for sale. Homes listed or recently sold were built 2003–2024.
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 50 (FL DOR 2025 assessment roll) |
| Years built | 1948–2024 (median 2005.0) |
| Typical living area | 3,010 sq ft (median) |
| Amenities listed by sellers | Dock, Fishing, Beach, Deed Access, Short Term Rental - Allowed, Short Term Rental - Not Allowed |
| For sale right now | 2 active, 0 pending · median asking $1,100,000 · 24.0 months of supply |
| Owner-occupied (homestead) share | 55% |
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, “BAY MAGNOLIA key facts,” movewithmomentum.com/neighborhoods/bay-magnolia, data as of September 20, 2026.
Last 30 days in Bay Magnolia: 1 new listing (median asking $975,000). As of September 27, 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.
Bay Magnolia is a small pocket of roughly 50 homes in Santa Rosa Beach, and price here is driven almost entirely by condition and vintage rather than by any list-price tier. With a build range running from 1948 all the way to 2024 and a median build year around 2005, you are shopping a genuinely mixed inventory — original older cottages sitting near recent construction. That spread is the story: two homes of similar size can trade very differently depending on whether they have been rebuilt or left in period condition.
Right now there is a single active listing against those 50 homes, so this is a thin, low-turnover market. For a seller, that scarcity can work in your favor if your home shows well and is priced to the median reality of a roughly 3,010-square-foot home. For a buyer, patience matters — you may wait for the right property rather than choose among many, and when one that fits appears, you move deliberately, not casually.
Bay Magnolia right now
🟢 Buyer-leaning market. 24.0 months of supply and 0% 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: Low (2 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 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
Bay Magnolia is a compact, established enclave in Santa Rosa Beach where a wide build range and larger-than-typical living space define the inventory more than any single price band. It is a place to buy a specific house, not a floor plan off a menu.
Emerald Coast MLS sales records identify 14 homes in BAY MAGNOLIA that have changed hands since 2004, built between 1986 and 2019 (median 2004), with a median living area of about 2,643 sq ft and a typical 4-bedroom, 3.5-bath layout; 100% are single-family homes. 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.
County records show 6 qualified sales in BAY MAGNOLIA across 2024–2025 (3 in 2024, 3 in 2025), median $1.40M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
The setting & the homes.
Aerial and on-site photos of Bay Magnolia. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Bay Magnolia
Bay Magnolia
Bay MagnoliaPhotos from Emerald Coast MLS listings in Bay Magnolia; content deemed reliable but not guaranteed.
Who Bay Magnolia is best for.
Best for
- Buyers seeking a larger home around 3,000-plus square feet in Santa Rosa Beach and patient enough for the right listing
- Owner-occupants comfortable in a low-turnover, established enclave
- Buyers willing to weigh a renovation project against a newer build within the same community
Probably not for
- Buyers who need a wide selection of homes to compare at once
- Anyone whose budget or plan depends on shared amenities like a pool, gate, or clubhouse
- Buyers wanting new construction only, with no interest in older, mid-century stock
The market around Bay Magnolia
Bay Magnolia is too small for its own price trend, so here is the market around it.
In ZIP 32459, 1,067 homes are on the market and 18% are under contract — a slower corner of Santa Rosa Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
In ZIP 32459 (Santa Rosa Beach), 967 homes closed in the last 12 months at a median of $960K, up 2.0% year over year, with a median 82 days on market. Right now 496 active and 94 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 32459 housing market and the Walton County market.
ZIP and county figures describe the wider market, not Bay Magnolia specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in BAY MAGNOLIA, Santa Rosa 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.
Homes For Sale Right Now in Bay Magnolia
Live MLS inventory for Bay Magnolia. 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 and pending Bay Magnolia listings as of 2026-09-26, 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.
Every Home for Sale in Bay Magnolia Right Now (2)
All 2 active and pending Bay Magnolia listings with a detail page, newest first, refreshed twice a day from the MLS.
- 222 Bay Magnolia Lane · $975,000 · 3 bd / 2.5 ba · listed Aug 30, 2026 · listed by Watersound Real Estate
- 364 Amelia Lane · $1,225,000 · 5 bd / 3.5 ba · listed Jun 27, 2026 · listed by Coldwell Banker Realty
Bay Magnolia 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
- Dune Lakes · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Bay Magnolia 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 Bay Magnolia address.
Shop the zone: Homes zoned for South Walton High School
The Bay Magnolia buying strategy.
If we were buying in Bay Magnolia 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 Bay Magnolia.
A mixed-vintage pocket where the house, not the tier, sets value
The defining fact of Bay Magnolia is age spread. Homes date from 1948 through 2024, with the median around 2005, which means you will find genuinely older structures alongside newer builds within the same small community. Median living area sits just above 3,000 square feet, so the housing stock skews toward substantial homes rather than small footprints — but square footage alone won't tell you value, because a mid-century home and a recent build of the same size are not comparable products.
Just over half the homes here — about 55 percent — are homesteaded, which points to a community held largely by owner-occupants rather than a pure rental or second-home block. No shared community amenities turn up in current MLS listings, so buy for the individual home and the Santa Rosa Beach location, not for a shared clubhouse, pool, or gate. That absence keeps the focus, and the carrying costs, on the property itself.
The location and the amenities are priced into every listing in Bay Magnolia. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin — one active listing against 50 homes — the value is in knowing which properties have been updated and which are original, and pricing the gap correctly. We track this community closely, sort the true comparables from the misleading ones, and advise you honestly on whether a given Bay Magnolia home fits your plan or whether you should wait for the next one to surface.
Bay Magnolia 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 Bay Magnolia 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 Bay Magnolia sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bay Magnolia, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bay Magnolia home worth?
Get a no-obligation home value based on real comparable sales in Bay Magnolia, 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 Santa Rosa Beach →
17% of homes for sale in ZIP 32459 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 (2026-09-28).
Frequently Asked Questions
Is Bay Magnolia a buyer's or seller's market right now?
How many homes are in Bay Magnolia?
What share of Bay Magnolia is owner-occupied?
When were the homes in Bay Magnolia built?
Who is the best real estate agent for Bay Magnolia?
How do I find a top Santa Rosa Beach real estate agent who knows Bay Magnolia?
Can Momentum Realty connect me with an agent for Bay Magnolia?
Where is Bay Magnolia, and what county is it in?
Should you buy in Bay Magnolia?
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (19 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 BAY MAGNOLIA fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Bay Magnolia with Momentum Realty’s local guides.