Colony Ridge in Crestview

Colony Ridge
Homes for Sale in Crestview, FL

All 427 homes for sale in Crestview, FL · median $327,852 · 120 homes for sale in 32536 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32536
31 homesBuilt 2001–2024Median sale $536K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data13 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Colony Ridge Ph Ii in Crestview, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $535,620, a median 36 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2013–2026 with 3 new construction; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 147 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,910 ($6,400 with the full homestead exemption).

COLONY RIDGE PH II key facts
LocationCrestview, Okaloosa County, FL · ZIP 32536
Homes in the community31 (FL DOR 2025 assessment roll)
Years built2001–2024 (median 2015)
Typical living area3,339 sq ft (median)
Amenities listed by sellersGated, BBQ Pit/Grill, Greenhouse, Pavillion/Gazebo, Pool
Sale prices, last 12 months$535,620 median across 4 closed sales
Days on market (closed sales)36 median
For sale right now2 active, 2 pending · median asking $601,718
Owner-occupied (homestead) share60%

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, “COLONY RIDGE PH II key facts,” movewithmomentum.com/neighborhoods/colony-ridge-ph-ii, data as of September 20, 2026.

Last 30 days in Colony Ridge: 1 new listing (median asking $649,995), 2 under contract right now. As of July 25, 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.

Live · Colony Ridge Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$536K
Median sold · 12 mo
100.0%
Sale vs ask
Tempo
36days
Median DOM · closed
1 days at the 2022 low
50%
Under contract
Okaloosa: 23% (551 of 2,441)
2 · 2
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
60%
Owner-occupied · Colony Ridge
28 of 47 parcels homesteaded (FL DOR 2025)
40%
Non-owner-occupied · Colony Ridge
incl. 2% trust or LLC-held · 0% out-of-state
31
Homes in the community
plus 16 vacant residential lots · 47 residential parcels (FL DOR 2025)
Track record · 13 years of records
3
Recorded sales · 2024-2025
median $510K · qualified sales on the county roll (FL DOR 2025)
Est. 2001
Community established
homes built 2001-2024, median 2015 (FL DOR 2025)
12.9%/yr
Turnover rate
about 4 of 31 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Colony Ridge Ph II is a small pocket in Crestview — 31 homes, and only 2 on the market as of July 2026. What sets price here is condition and the home itself, not a published range. With a median living area north of 3,300 square feet, these are substantial houses, and the spread between a dated build and an updated one drives the number more than any neighborhood premium does.

For buyers, thin inventory means you take what is available when it appears; there is no luxury of comparison-shopping ten similar floor plans. For sellers, that same scarcity is leverage, but it cuts both ways — with so few closings to reference, pricing has to be argued from the house, not from a deep comp set. Bring patience and a willingness to underwrite each property on its own merits.

The 60-Second Overview

Colony Ridge market snapshot (as of September 20, 2026): the median sale price is about $536K, and a median 36 days on market for closed sales.

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.

County records show 3 qualified sales in COLONY RIDGE across 2024–2025 (2 in 2024, 1 in 2025), median $510,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Colony Ridge is a community of 31 homes in Crestview, Okaloosa County, built between 2001 and 2024 (median 2015), with a median living area of about 3,339 square feet. 60% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a low-turnover enclave of larger homes built between 2001 and 2024, with a median build year of 2015 — meaning most of the stock is relatively modern but the range is wide enough that condition varies house to house.

Best for

  • Buyers who need genuine square footage and are willing to wait for the right listing
  • Long-term owner-occupants comfortable in a small, low-turnover community
  • Buyers prepared to underwrite a single home on its condition rather than a deep comp set

Probably not for

  • Buyers who want an amenitized community with shared facilities
  • Shoppers who need many comparable homes on the market at once
  • Investors chasing a rental-heavy street rather than an owner-occupied one

Windows contain 0 to 4 sales each (4 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.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 4 a year; 4 in the current window.
How much local inventory is already under contract

34% of homes for sale in ZIP 32536 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 (2026-09-25).

Colony Ridge Market Scorecard

Balanced

Colony Ridge is currently a balanced market., a median asking price of $601,718, and homes go under contract in about 88 days.

$601,718
Median list
$535,620
Median sold
88
Days on mkt
2/2/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in COLONY RIDGE PH 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 3 listings
Distress share trend — 0.0% now (2026-08-10 → 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.

Homes For Sale Right Now in Colony Ridge

Live MLS inventory for Colony Ridge. 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 Colony Ridge 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 Colony Ridge Ph Ii Right Now (4)

All 4 active and pending Colony Ridge Ph Ii listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 5528 Frontier Drive · $649,995 · 4 bd / 2.5 ba · listed Sep 10, 2026 · listed by Coldwell Banker Realty
  • 5509 Fenny Way · $614,900 · 4 bd / 3 ba · pending · listed Aug 17, 2026 · listed by The Property Group 850 Inc
  • 2468 Hammock Lane · $546,240 · 3 bd / 2.5 ba · pending · listed Jul 24, 2026 · listed by Coldwell Banker Realty
  • 2462 Hammock Lane · $553,440 · 4 bd / 2 ba · listed Jun 29, 2026 · listed by Coldwell Banker Realty

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Northwood · Elementary
  • Davidson · Middle
  • Crestview · High

Zoned schools reflect the assignments reported on recent Colony Ridge listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Colony Ridge address.

If we were buying in Colony Ridge 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 Colony Ridge.

Best Buy
Buyers who want a larger home in a small, owner-occupied Crestview pocket.
Biggest Risk
Thin inventory and few recent closings make pricing a judgment call, not a lookup.
Sweet Spot
A well-maintained home near the 2015 median build year with updated finishes.
Avoid If
You need amenities or a wide selection of comparable homes to choose from.

A small, large-home enclave

The defining trait here is size: a median living area of roughly 3,339 square feet puts Colony Ridge Ph II well above typical Crestview product. Combined with a build range that runs from 2001 to 2024, you are looking at a community where the newest homes and the oldest sit side by side, and where the median build year of 2015 tells you most inventory is on the newer end.

With about 60% of homes carrying a homestead exemption, this reads as an owner-occupied street rather than an investor-heavy one. No community amenities surface in current MLS listings, so value here rests on the houses and the lots — not on shared facilities. Price your expectations accordingly and judge each home on its own condition and finishes.

“

The location and the amenities are priced into every listing in Colony Ridge. 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 31-home community with only a couple of active listings, the data is too thin to lean on a spreadsheet alone. We underwrite each property individually — condition, finishes, lot, and how it stacks against the wider Crestview market — so you are not overpaying on a thin comp set or underselling a well-kept home.

Colony Ridge in 15 seconds.

Best forBuyers who want a larger home in a small, owner-occupied Crestview pocket.
Biggest advantageSubstantial square footage and a mostly modern build profile.
Biggest riskThin inventory and few recent closings make pricing a judgment call, not a lookup.
Sweet spotA well-maintained home near the 2015 median build year with updated finishes.
Avoid ifYou need amenities or a wide selection of comparable homes to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Colony Ridge 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 Colony Ridge.
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 Colony Ridge sales matched to your home.

What is your Colony Ridge home worth?

Get a no-obligation home value based on real comparable sales in Colony Ridge, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Colony Ridge?
The median sale price in Colony Ridge was $536K over the 12 months ending September 20, 2026 (4 closed sales, Emerald Coast MLS).
How long do homes in Colony Ridge take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 36 days on market (4 sales, Emerald Coast MLS).
How many homes are in Colony Ridge?
The Florida DOR 2025 assessment roll shows 31 homes plus 16 vacant residential lots in Colony Ridge (public records).
What share of Colony Ridge is owner-occupied?
60% of Colony Ridge parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Colony Ridge built?
Homes in Colony Ridge were built between 2001 and 2024, with a median year built of 2015 (FL DOR 2025 roll).
Who is the best real estate agent for Colony Ridge?
The best agent for Colony Ridge 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 Colony Ridge.
How do I find a top Crestview real estate agent who knows Colony Ridge?
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 Colony Ridge and the wider Crestview area.
Can Momentum Realty connect me with an agent for Colony Ridge?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Colony Ridge purchase or sale - no call center and no pressure.
Where is Colony Ridge, and what county is it in?
Colony Ridge is in Crestview, Okaloosa County, FL, ZIP 32536. The community's center is about 6 miles north of the center of Crestview (straight-line).
Buyers who need genuine square footage and are willing to wait for the right listingExcellent fit
Long-term owner-occupants comfortable in a small, low-turnover communityExcellent fit
Buyers prepared to underwrite a single home on its condition rather than a deep comp setExcellent fit
Buyers who want an amenitized community with shared facilitiesProbably not
Shoppers who need many comparable homes on the market at onceProbably not
Investors chasing a rental-heavy street rather than an owner-occupied oneProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: July 25, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32536))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2013 (21 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 Colony Ridge with Momentum Realty’s local guides.

Jernigan S D0.4 mi away · median $122K, 5 sales/12 moOld Bethel Estates0.4 mi away · 122 homes, built 2003–19Jernigan S D0.4 mi away · 151 homes, built 1955–23, 3 for saleHolland0.6 mi away · 77 homes, built 1937–24Doris Alene0.6 mi away · 14 homes, built 1940–22Northside S D0.7 mi awayArbor Lake0.7 mi away · 37 homes, built 2009–12

Browse all neighborhood guides →

Thinking of selling in COLONY RIDGE PH II? 4 recorded closings; median 36 days on market (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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