Crescent Lake in Pensacola

Crescent Lake

Established 1988 · Intracoastal West · ZIP 32224

An established Brent neighborhood around a 78-acre lake, mid-century homes, golf-adjacent, central value.

78-acre community lakeMid-century valueGolf-adjacent & central
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
Free · No obligation
Unlock Off-Market Crescent Lake

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Pensacola MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulsePensacola MLS
$848K
Median Price
0mo
Supply
58days
Avg DOM
Soft
Seller Leverage
n/a
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Crescent Lake is an established (from 1960) single-family neighborhood built around a 78-acre crescent-shaped lake in the Brent area of west Pensacola, valued for an affordable, central, lake-and-golf-adjacent setting (next to Marcus Pointe Golf Club) minutes from I-10 and the airport. Mid-century concrete-block ranch homes (around 900 to 1,700 square feet) trade roughly $120,000 to $260,000, well below the metro median, with lakeside homes carrying a premium. The honest reads are a documented dam-failure history (the dam catastrophically failed in 2014 and was rebuilt by 2016 to a 100-year standard), updated 2025 flood maps to verify per lot, a fish-consumption mercury advisory for the lake, weak zoned schools, and a lower-income area profile. Buy it for the lake setting and the central value; verify the flood zone, inspect the older home, and comp by individual home."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Crescent Lake is an established single-family neighborhood built around a 78-acre crescent-shaped lake in the Brent area of west Pensacola (Escambia County, 32505), bordered by Michigan Avenue and Brent Lane, adjacent to Marcus Pointe Golf Club.

It is a built-out neighborhood (developed from 1960 by Baggett Construction) of predominantly mid-century concrete-block and ranch homes (around 900 to 1,700 square feet, three-bedroom typical), with some newer infill, with lakeside homes carrying lake views or access.

There is no active residential HOA identified (a Crescent Lake preservation/dam-management entity exists but is not a dues-collecting residential HOA; confirm per parcel), and no CDD.

The appeal is an affordable, central, lake-and-golf-adjacent setting minutes from I-10, the airport, and downtown, well below the metro median. The trade-offs are a documented dam-failure history (rebuilt 2016), updated 2025 flood maps to verify, a lake fish-consumption mercury advisory, weak zoned schools, and a lower-income area profile.

Best for

  • Value buyers who want an affordable, central home with a lake-and-golf-adjacent setting
  • Buyers who want a mid-century home minutes from I-10 and the airport
  • Investors and first-time buyers seeking below-median pricing

Probably not for

  • Families set on strong zoned schools
  • Buyers who want new construction or HOA amenities
  • Buyers unwilling to verify the lakeside flood and dam history

How Crescent Lake is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
66Median days on marketdays
0 : 0Under contract vs for salestrong demand
0Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Pensacola MLS, as of June 11, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Crescent Lake listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Crescent Lake buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Crescent Lake

Live MLS inventory for Crescent 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 and pending Crescent Lake listings as of 2026-06-11, priced high to low. Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.. Tap any home to ask about it.

Listing locations from Pensacola MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

I-10 (Davis Hwy / Brent Lane)~8-12 min · ~3-5 miles north
Pensacola International Airport (PNS)~10-15 min · ~4.5 miles
Downtown Pensacola~12-18 min · ~5-7 miles east
Marcus Pointe Golf Club~2-3 min · adjacent
NAS Pensacola~20-25 min · ~8-10 miles southwest
Cordova Mall~10-12 min · shopping

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Crescent Lake with Momentum Realty’s local guides.

ChasefieldChasefieldPensacola, FL · 0.2 miCACamelotPensacola, FL · 0.2 miGlendaleGlendalePensacola, FL · 0.4 miMAMayfairPensacola, FL · 0.7 miBayou MarcusHeightsBayou MarcusHeightsPensacola, FL · 0.7 miOakcrestOakcrestPensacola, FL · 0.7 miRERosewood EstatesPensacola, FL · 0.9 miWellesBrownsvilleWellesBrownsvillePensacola, FL · 1.0 miWildewoodWildewoodPensacola, FL · 1.0 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Crescent Lake (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Escambia County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Crescent Lake is served by Escambia County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

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

The takeaway

What is actually shaping value in Crescent Lake, sourced and dated. The lake setting, the central value, and the dam-and-flood history are the practical facts.

Recent Developments in Crescent Lake

Our read on what is being built around Crescent Lake, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe backdrop is an affordable, central Brent neighborhood with a softer 32505 market. The recurring items are the dam-and-flood history, the schools, and the area profile.

Lake-and-golf-adjacent central value

BullishAn affordable, central home around a 78-acre lake next to Marcus Pointe Golf Club, minutes from I-10 and the airport, well below the metro median, draws value buyers. impact
SignificanceRadius: Brent

Lake-and-golf-adjacent central value

Mid-century character

BullishDistinctive 1960s concrete-block and mid-century-modern homes set it apart from cookie-cutter subdivisions. impact
SignificanceRadius: Community

Mid-century character

Dam-failure history and weak schools

BearishThe lake dam catastrophically failed in 2014 (rebuilt by 2016 to a 100-year standard), the 2025 flood maps updated, a mercury fish advisory applies, and the zoned schools rate weak; verify the flood zone and weigh the schools. impact
SignificanceRadius: Community

Dam-failure history and weak schools

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Crescent Lake, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2025
    Market

    32505 affordable, softer

    The 32505 ZIP held a median around $170,000, with Crescent Lake homes trading roughly $120,000 to $260,000 (a March 2025 sale around $112,700; 2026 sales around $204,000 to $225,000), well below the metro median (Rocket/Redfin). Why it matters: Affordable, below-median pricing; comp by individual home and lake adjacency. Source

  2. 2014-2016
    Infrastructure

    Dam failure and rebuild

    The Crescent Lake dam catastrophically failed on April 29, 2014 during a 20-plus-inch rainfall, draining the lake; it was rebuilt by April 2016 to withstand a 100-year flood (over $2.6 million, FEMA/USDA-funded) and the lake refilled. Why it matters: The dam was rebuilt to a 100-year standard, but verify the lakeside flood zone and any drainage on the specific lot. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Crescent Lake, this is the order of operations we would run, and the one we run for our clients.

1

Verify the lakeside flood zone. Confirm the FEMA flood zone for the specific lot (the 2025 maps updated), especially lakeside and along the Marcus Bayou drainage, and price any flood insurance.

2

Inspect the mid-century home. On a 1960s concrete-block home, inspect the roof, HVAC, plumbing, electrical, and any slab, and budget for updates.

3

Confirm any HOA and the dam responsibility. Verify whether the specific home has any HOA or dam-management association obligation, and confirm there is no CDD.

4

Verify the schools and area. Confirm the assigned schools by address (which rate weak), consider choice options, and assess the specific block.

5

Comp by individual home and lake adjacency. Price to the closest comparable Crescent Lake homes; lakeside homes carry a premium.

Best Buy
A sound, updated mid-century home, ideally lake-adjacent, priced to the closest comparable sales, for the central, below-median value.
Biggest Risk
Missing lakeside flood exposure, underbudgeting 1960s-home updates, or misjudging the area.
Best Lot
Lake adjacency is the value differentiator; weigh the lot, the drainage, and any lake-view or access.
Smart Timing
An affordable, softer 32505 market rewards a prepared buyer who verifies the flood zone and comps by home.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Crescent Lake is an established single-family neighborhood built around a 78-acre crescent-shaped lake in the Brent area of west Pensacola (Escambia County, 32505), bordered by Michigan Avenue and Brent Lane, adjacent to Marcus Pointe Golf Club, a built-out neighborhood (developed from 1960) of predominantly mid-century concrete-block and ranch homes (around 900 to 1,700 square feet) with some infill, lakeside homes carrying lake views or access. There is no active dues-collecting residential HOA identified (a dam-management/preservation entity exists), and no CDD. The appeal is an affordable, central, lake-and-golf-adjacent setting minutes from I-10, the airport, and downtown, well below the metro median; trade-offs are a documented dam-failure history (the dam failed in 2014 and was rebuilt by 2016 to a 100-year standard), updated 2025 flood maps, a lake fish-consumption mercury advisory, weak zoned schools, and a lower-income area profile. Describe the neighborhood by setting, housing, and value. Schools are in the Escambia County School District; confirm assignments by address.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller interior homes

The lower end is the smaller interior 1960s homes (around 900 to 1,100 square feet), with a March 2025 sale around $112,700 (Redfin). Updates are the variable.

Lowest entry
Mid: three-bedroom homes

The core is the three-bedroom homes (around 1,160 to 1,300 square feet), with 2026 sales around $204,000 to $225,000 (Redfin).

Most inventory
High: larger or lakeside homes

The top is the larger or lakeside homes (toward 1,700 square feet), into the $250,000s (area comps, 2026), still below the metro median. Lake adjacency and condition separate these; comp by home.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Entry: smaller interior homes
The lower end is the smaller interior 1960s homes (around 900 to 1,100 square feet), with a March 2025 sale around $112,700 (Redfin). Updates are the variable.
Mid: three-bedroom homes
The core is the three-bedroom homes (around 1,160 to 1,300 square feet), with 2026 sales around $204,000 to $225,000 (Redfin).
High: larger or lakeside homes
The top is the larger or lakeside homes (toward 1,700 square feet), into the $250,000s (area comps, 2026), still below the metro median. Lake adjacency and condition separate these; comp by home.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Intracoastal West locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Crescent Lake

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Crescent Lake is affordable, central, lake-and-golf-adjacent value. The honest read is the dam-and-flood history, the weak schools, and the area profile.

Jon Brooks · Founder, Momentum Realty
7.0B- · Buy Score
Resale Strength7.0/10
Renovation Risk6.0/10
Location Efficiency8.2/10
Long-Term Defensibility7.2/10
Carrying Cost Advantage8.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Crescent Lake is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Pensacola MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Pensacola MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Pensacola MLS; for orientation, not an appraisal.

15-Second Take
  • Lake adjacency is the value differentiator.
  • Verify the lakeside flood zone and drainage.
  • Confirm any dam-management obligation per parcel.

At Crescent Lake the lot's lake adjacency is much of the value: lakeside homes carry lake views or access and a premium, while interior homes trade lower. The lot read covers the lake adjacency, the drainage (given the dam-failure history and Marcus Bayou outflow), and the FEMA flood zone for the specific address under the updated 2025 maps. Lake adjacency and the home's condition, not square footage alone, separate one home's value from the next.

Crescent Lake in 15 seconds.

Best forValue buyers who want an affordable, central home with a lake-and-golf-adjacent setting minutes from I-10 and the airport.
Strong onSetting and value: a 78-acre community lake, Marcus Pointe Golf Club adjacency, mid-century character, and below-median central pricing.
WatchA documented dam-failure history (rebuilt 2016), updated 2025 flood maps, a lake mercury fish advisory, weak zoned schools, and a lower-income area profile.
Not forFamilies set on strong schools, buyers wanting new construction or amenities, or those who will not verify the lakeside flood and dam history.
The edgeAn affordable, central lake-and-golf-adjacent neighborhood rewards a buyer who verifies the flood zone and comps by individual home.

HOA, CDD & Fees

15-Second Take
  • No dues-collecting residential HOA identified; no CDD.
  • 78-acre community lake; dam rebuilt 2016.
  • 1960s concrete-block homes; budget updates.
  • Below the metro median; central Brent location.
  • Weak zoned schools; verify the lakeside flood zone.

There is no active dues-collecting residential HOA identified (a Crescent Lake preservation/dam-management entity exists but functions for the dam, not as a residential HOA), and no CDD. Confirm whether the specific home carries any association or dam-management obligation and any deed restrictions. The real costs are the upkeep of a 1960s home, insurance, and any lakeside flood coverage.

There are no residential HOA-funded services or amenities; the lake and dam are managed by a preservation entity rather than a dues-collecting HOA. Verify any obligations per property.

There is no residential club or amenity package; the appeal is the 78-acre lake, the golf-club adjacency, and the central, below-median value.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Crescent Lake, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Crescent Lake, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Crescent Lake home worth?

Get a no-obligation home value based on real comparable sales in Crescent Lake matched to your condition, lot, and view, 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 the full Crescent Lake home value & selling guide, recent comps, fees, and 2026 timing →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Crescent Lake year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Crescent Lake Pensacola Market Scorecard

Thin data

Crescent Lake Pensacola is currently a thin data. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Does Crescent Lake have an HOA or CDD?
There is no active dues-collecting residential HOA identified (a dam-management/preservation entity exists for the lake), and no CDD. Confirm any obligations and deed restrictions for the specific home.
Is there really a lake at Crescent Lake?
Yes, a 78-acre crescent-shaped lake that the neighborhood is built around, the defining feature, with lakeside homes carrying lake views or access. The lake's dam failed in 2014 and was rebuilt by 2016 to a 100-year standard.
How old are the homes in Crescent Lake?
Most are mid-century concrete-block and ranch homes developed from 1960, with some infill, so budget a thorough inspection of the roof, HVAC, and systems.
How much do homes in Crescent Lake cost?
Activity ran roughly $120,000 to $260,000 (Rocket/Redfin, 2025-2026), with a March 2025 sale around $112,700, well below the metro median; lakeside homes carry a premium. Comp by individual home.
What schools serve Crescent Lake?
It is in the Escambia County School District, typically Montclair Elementary (5/10), J.H. Workman Middle (4/10), and Escambia High (3/10). Confirm the assignment by address and consider choice options.
Is Crescent Lake in a flood zone?
It is parcel-specific, and the 2025 flood maps updated. Lakeside lots and the Marcus Bayou drainage warrant a check; confirm the FEMA flood zone and any flood insurance for the specific lot, given the dam-failure history.
Can you fish or swim in Crescent Lake?
There is a fish-consumption mercury advisory for the lake (largemouth bass and others), so check the latest advisory before consuming fish; the lake is primarily a scenic and recreational amenity.
Is Crescent Lake gated?
No. It is an open, established neighborhood, not gated.
How central is Crescent Lake?
Very central. I-10 is 8 to 12 minutes, the airport 10 to 15, downtown 12 to 18, and Marcus Pointe Golf Club is adjacent; NAS Pensacola is about 20 to 25 minutes.
What should I check before buying in Crescent Lake?
Verify the lakeside flood zone, inspect the mid-century home, confirm any HOA or dam obligation, verify the schools and assess the block, and comp by individual home and lake adjacency.
Is Crescent Lake a good investment?
An affordable, central, lake-and-golf-adjacent neighborhood supports steady demand, but the dam-and-flood history, weak schools, and the area profile are factors. Verify the flood zone and comp by home; this is not a guarantee of future value.
Should I use the listing agent to buy in Crescent Lake?
No. The listing agent works for the seller. Having your own representation to read the comps, the costs, and the inspection is the highest-leverage decision you make.
You want an affordable, central home with a lake-and-golf-adjacent settingExcellent fit
You want a mid-century home minutes from I-10 and the airportExcellent fit
You are an investor or first-time buyer seeking below-median pricingExcellent fit
You are set on strong zoned schoolsProbably not
You want new construction or HOA amenitiesProbably not
You will not verify the lakeside flood and dam historyProbably not

Get the inside read on Crescent Lake

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Crescent Lake home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Crescent Lake specialist will reach out personally, usually the same day.

Crescent Lake median home price history from 2012 to 2026 — chart by Momentum Realty
Median sale price in Crescent Lake, Florida by year (2012–2026). Source: Momentum Realty.
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Multiple Listing Service of the Pensacola Association of REALTORS®. Information deemed reliable but not guaranteed.

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