Colony Ridge
Homes for Sale in Crestview, FL
All 415 homes for sale in Crestview, FL · median $329,800 · 113 homes for sale in 32536 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 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).
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.
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.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
The setting & the homes.
Aerial and on-site photos of Colony Ridge. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Colony Ridge
Colony Ridge
Colony Ridge
Colony RidgePhotos from Emerald Coast MLS listings in Colony Ridge; content deemed reliable but not guaranteed.
Who Colony Ridge is best for.
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
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 ($536K) IS the median in the snapshot above.
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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
32% 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 (2026-10-18).
Colony Ridge Market Scorecard
Colony Ridge is currently a balanced market., a median asking price of $601,718, and homes go under contract in about 88 days.
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.
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 · 1 daysTop listingActive · 88 daysPending · 24 daysPending · 48 daysActive 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.
Colony Ridge 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
- 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.
Shop the zone: Homes zoned for Crestview High School
The Colony Ridge buying strategy.
If we were buying in Colony Ridge 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 Colony Ridge.
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.
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.
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 Colony Ridge 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 Colony Ridge sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colony Ridge, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
See all homes for sale in Crestview →
| Location | Crestview, Okaloosa County, FL · ZIP 32536 |
|---|---|
| Homes in the community | 31 (FL DOR 2025 assessment roll) |
| Years built | 2001–2024 (median 2015) |
| Typical living area | 3,339 sq ft (median) |
| Amenities listed by sellers | Gated, 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 now | 2 active, 2 pending · median asking $601,718 |
| Owner-occupied (homestead) share | 60% |
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 key facts,” movewithmomentum.com/neighborhoods/colony-ridge-ph-ii, data as of September 20, 2026.
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.
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 Colony Ridge Homes for Sale: 2 Homes
The newest homes for sale in Colony Ridge Homes for Sale: 2 Homes right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 5528 Frontier Drive $649,995 · 4 bd · 2.5 ba · 1 day on market Courtesy of Coldwell Banker Realty
- 2462 Hammock Lane $553,440 · 4 bd · 2 ba · 88 days on market Courtesy of Coldwell Banker Realty
Checked against the MLS Oct 13, 2026. All new listings in this market.
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 Jul 22, 2026 · listed by Coldwell Banker Realty
More Crestview home searches
- All homes for sale in Crestview, FL
- Homes for sale in Okaloosa County, FL
- Crestview waterfront homes for sale
- Gated communities in Crestview
- Homes under $300K in Crestview
- Homes from $300K to $500K in Crestview
- 4-bedroom homes for sale in Crestview
- Crestview home values: what is my house worth?
- ZIP 32536 housing scorecard
- 2 coming-soon communities in Okaloosa County
Crestview guides & data
- Market data
- Best neighborhoods (ranked by data)
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Frequently Asked Questions
What is the median home price in Colony Ridge?
How long do homes in Colony Ridge take to sell?
How many homes are in Colony Ridge?
What share of Colony Ridge is owner-occupied?
When were the homes in Colony Ridge built?
Who is the best real estate agent for Colony Ridge?
How do I find a top Crestview real estate agent who knows Colony Ridge?
Can Momentum Realty connect me with an agent for Colony Ridge?
Where is Colony Ridge, and what county is it in?
Should you buy in Colony Ridge?
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) |
| 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 (4 streets, ZIP 32536)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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?
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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 COLONY RIDGE PH II fits the bigger picture — live prices, inventory, and Momentum Scores:
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