Cottages at Eastern Lake
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, Cottages at Eastern Lake in Santa Rosa Beach, FL has 6 homes for sale, asking from $1,250,000 to $1,899,000 (median $1,534,000). Homes listed or recently sold were built 2011–2023; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 14 ft).
Part of the Eastern Lake master-planned community in Santa Rosa Beach, FL — see all Eastern Lake homes for sale (17 listings across 6 villages and sections in the MLS).
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 109 (FL DOR 2025 assessment roll) |
| Years built | 1940–2024 (median 2011) |
| Typical living area | 2,714 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Pool, Short Term Rental - Allowed, Pets Allowed |
| For sale right now | 7 active, 0 pending · median asking $1,569,000 · 84.0 months of supply |
| Owner-occupied (homestead) share | 14% |
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, “COTTAGES AT EASTERN LAKE key facts,” movewithmomentum.com/neighborhoods/cottages-at-eastern-lake, data as of September 20, 2026.
Homes For Sale Right Now in Cottages at Eastern Lake
Live MLS inventory for Cottages at Eastern Lake. 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 · 228 daysTop listing
Active · 312 days
Active · 30 days
Active · 246 days
Active · 198 days
Active · 162 daysActive and pending Cottages at Eastern Lake 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.
Price here is driven by condition and vintage, not a neat pricing tier. The housing stock spans 1940 to 2024, so you are looking at a mix that ranges from older coastal cottages to recent builds, with the median year built around 2011. That spread is what sets value: two homes of similar size can sit far apart on price depending on age, finish, and how close they are to Eastern Lake and the coast.
With 7 active listings against 109 homes and only a couple of closings in the recent window, this is a thin, low-turnover market. For sellers, that means limited direct comps and the need to price against condition rather than a running comp stream. For buyers, inventory is narrow enough that the right home may not reappear quickly, so decisiveness matters more than waiting for the next one.
The 60-Second Overview
Cottages at Eastern Lake is a small Santa Rosa Beach enclave of roughly 109 homes near Eastern Lake, with a wide build range and generously sized floor plans at a median just over 2,700 square feet.
Emerald Coast MLS sales records identify 32 homes in COTTAGES AT EASTERN LAKE that have changed hands since 2015, built between 2007 and 2024 (median 2014), with a median living area of about 2,376 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 12 qualified sales in COTTAGES AT EASTERN LAKE across 2024–2025 (7 in 2024, 5 in 2025), median $1.52M — 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 Cottages at Eastern Lake. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Cottages at Eastern LakeCottages at Eastern LakeCottages at Eastern LakeCottages at Eastern LakeCottages at Eastern LakeCottages at Eastern LakePhotos from Emerald Coast MLS listings in Cottages at Eastern Lake; content deemed reliable but not guaranteed.
Who Cottages at Eastern Lake is best for.
Best for
- Second-home or coastal buyers comfortable with a non-primary-residence-weighted market
- Buyers who want square footage near Eastern Lake and will pay for condition and vintage
- Investors evaluating rental potential in a low-density coastal enclave
Probably not for
- Buyers who require shared amenities like a pool or clubhouse
- Buyers needing wide inventory and quick options with abundant comps
- Buyers seeking a strict, uniform build vintage rather than a mixed-age stock
The market around Cottages at Eastern Lake
Cottages at Eastern Lake 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 Cottages at Eastern Lake specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in COTTAGES AT EASTERN LAKE, 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.
Cottages at Eastern Lake 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 Cottages at Eastern Lake 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 Cottages at Eastern Lake address.
Shop the zone: Homes zoned for South Walton High School
The Cottages at Eastern Lake buying strategy.
If we were buying in Cottages at Eastern Lake 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 Cottages at Eastern Lake.
A condition-driven coastal pocket
The defining trait here is variety in age. A build range from 1940 to 2024 tells you the community grew in over time rather than all at once, so no single template governs the homes. The median living area near 2,714 square feet points to substantial floor plans rather than compact cottages, which is worth calibrating against the community's name.
No community amenities surface from current MLS listings, so the draw is location and the homes themselves rather than shared facilities. A homestead share of about 14% signals that most of these are not primary residences — consistent with a coastal market weighted toward second homes and rentals. That has implications for turnover, upkeep expectations, and how you underwrite carrying costs.
The location and the amenities are priced into every listing in Cottages at Eastern Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin, condition-driven market like this, generic pricing tools fail. We read each home on its own vintage, finish, and proximity to Eastern Lake and the coast, then position it against the handful of relevant comps rather than a broad average. Whether you are buying into narrow inventory or selling into low turnover, that hands-on read is where the value sits.
Cottages at Eastern Lake 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 Cottages at Eastern Lake 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 Cottages at Eastern Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cottages at Eastern Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cottages at Eastern Lake home worth?
Get a no-obligation home value based on real comparable sales in Cottages at Eastern 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 Santa Rosa Beach →
Recently off market in COTTAGES AT EASTERN LAKE
Homes in COTTAGES AT EASTERN LAKE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 183 Lakewood Drive · off market
- 37 Eastern Lake Court · off market
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 Cottages at Eastern Lake?
What share of Cottages at Eastern Lake is owner-occupied?
When were the homes in Cottages at Eastern Lake built?
Who is the best real estate agent for Cottages at Eastern Lake?
How do I find a top Santa Rosa Beach real estate agent who knows Cottages at Eastern Lake?
Can Momentum Realty connect me with an agent for Cottages at Eastern Lake?
Where is Cottages at Eastern Lake, and what county is it in?
Should you buy in Cottages at Eastern Lake?
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 (4 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2013 (45 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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See how COTTAGES AT EASTERN LAKE fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Cottages at Eastern Lake with Momentum Realty’s local guides.