Bay Pines
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 Pines in Santa Rosa Beach, FL has 1 home for sale. As of September 2026, the MLS records 3 closed sales in Bay Pines in Santa Rosa Beach, FL since 2002, the most recent in June 2024. Across Santa Rosa Beach as a whole, 545 homes closed in the last 12 months at a median of $975,000, 84 median days on market, with 302 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $9,510 ($9,130 with the full homestead exemption).
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 25 (FL DOR 2025 assessment roll) |
| Years built | 1983–2022 (median 2002) |
| Typical living area | 2,381 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $6,788,000 |
| Owner-occupied (homestead) share | 50% |
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 PINES key facts,” movewithmomentum.com/neighborhoods/bay-pines--walton, data as of September 20, 2026.

With a single active listing in Bay Pines as of mid-2026, there is no market to average — there is one home, and its asking price will be driven almost entirely by its own condition, lot, and how motivated the seller is. Do not read one listing as a trend. It is a data point, not a pattern.
For a buyer, this means your leverage depends on how long that lone listing has been sitting and whether anything else comes up while you are looking. For a seller, it means you are effectively setting the comp rather than following one — which cuts both ways. Pricing here is a judgment call, not a formula, and it rewards patience and preparation over speed.
The 60-Second Overview
Bay Pines is a small pocket within Santa Rosa Beach in Walton County, and right now it shows just one active listing — a thin market where availability, not selection, is the story.
County records show 5 qualified sales in BAY PINES across 2024–2025 (1 in 2024, 4 in 2025), median $800,000 — 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.
Who Bay Pines is best for.
Best for
- Buyers set on Santa Rosa Beach who value a quiet, low-turnover pocket and can move when the right home appears
- Patient buyers comfortable underwriting a single property closely rather than shopping a full inventory
- Sellers who understand they are effectively setting the comp and want guidance pricing into a thin market
Probably not for
- Buyers who want to tour several comparable homes side by side before deciding
- Buyers relying on shared community amenities, since none are identified from current listings
- Anyone needing to buy on a fixed timeline who cannot wait for inventory to appear
The market around Bay Pines
Bay Pines 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 Pines specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in BAY PINES, 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 Pines
Live MLS inventory for Bay Pines. 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 Pines listings as of 2026-07-25, 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 Pines Walton Right Now (1)
All 1 active and pending Bay Pines Walton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 431 Pisces Drive · $6,788,000 · 6 bd / 7 ba · listed Jun 27, 2026 · listed by Scenic Sotheby's International Realty
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 Bay Pines 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 Pines address.
Shop the zone: Homes zoned for South Walton High School
The Bay Pines buying strategy.
If we were buying in Bay Pines 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Pines.
A thin-inventory pocket
With one home on the market and no community amenities identified from current MLS listings, Bay Pines trades on location and the merits of whatever individual property is available rather than on shared facilities or a marketed lifestyle package. That puts the burden on the specific house: its condition, its lot, and its position within the broader Santa Rosa Beach area.
Because there is so little to compare against inside the community itself, any serious analysis has to lean on nearby Walton County and Santa Rosa Beach activity. Expect to underwrite the individual property closely — inspections, lot lines, and access all matter more when there is no crowd of comparable sales to lean on.
The location and the amenities are priced into every listing in Bay Pines. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with one active listing, the value we add is context you cannot get from a single price tag — how the property stacks up against the wider Santa Rosa Beach market, what the lack of comps means for your negotiating position, and whether waiting for more inventory serves you better than acting now. We will tell you plainly when Bay Pines is the wrong fit.
Bay Pines 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 Pines 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 Pines sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bay Pines, 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 Pines home worth?
Get a no-obligation home value based on real comparable sales in Bay Pines, 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
How many homes are in Bay Pines?
What share of Bay Pines is owner-occupied?
When were the homes in Bay Pines built?
Who is the best real estate agent for Bay Pines?
How do I find a top Santa Rosa Beach real estate agent who knows Bay Pines?
Can Momentum Realty connect me with an agent for Bay Pines?
Where is Bay Pines, and what county is it in?
Should you buy in Bay Pines?
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: July 25, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2002 (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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how BAY PINES fits the bigger picture — live prices, inventory, and Momentum Scores:
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