Crest Bay Cottages
Homes for Sale in Miramar Beach, FL
All 634 homes for sale in Miramar Beach, FL · median $659,000 · 647 homes for sale in 32550 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Crest Bay Cottages in Miramar Beach, FL has 2 homes for sale. Over the 12 months ending 2026-11-09, 10 recorded sales closed at a median of $620,900, a median 17 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2026–2026 with 15 new construction; 15 of 15 report an HOA (median $208/mo); 1 of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $6,060 ($5,670 with the full homestead exemption).
Last 30 days in Crest Bay Cottages: 3 under contract right now, 3 closed sales (median $610,000). As of November 11, 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.
Crest Bay Cottages sits in Miramar Beach, and the current snapshot is thin by design: one active listing against a median of $621,900. With inventory this tight, price here is set less by a broad market and more by the condition, finishes, and exact position of whatever cottage happens to be available. Treat the median as a reference point, not a menu — the spread on a community this small can be wide depending on what comes up.
The posture right now favors sellers on speed. A median of 11 days on market means well-prepared listings are moving quickly, and with essentially no competing inventory, a seller who prices with the median in view has leverage. For a buyer, that same math means you move when a listing appears rather than waiting for a wave of options — hesitation costs you the only door in the room.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Crest Bay Cottages right now
🔴 Seller-leaning market. 2.4 months of supply and 60% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of November 9, 2026. Confidence: High (5 active and pending listings, 10 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 11, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Crest Bay Cottages market snapshot (as of November 9, 2026): the median sale price is about $621K, a median 17 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.
In ZIP 32550 (Miramar Beach), 99 homes closed in the last 12 months at a median of $728K, with a median 97 days on market. Right now 110 active and 24 pending listings put supply at about 13.3 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.
Emerald Coast MLS sales records identify 15 homes in Crest Bay Cottages that have changed hands since 2026, built between 2026 and 2026 (median 2026), with a median living area of about 2,245 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.
This is a small, fast-moving pocket of Miramar Beach where availability is the real constraint. Buyers should expect to act on limited choices, and sellers should expect attention when they list.
The setting & the homes.
Aerial and on-site photos of Crest Bay Cottages. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Crest Bay CottagesPhotos from Emerald Coast MLS listings in Crest Bay Cottages; content deemed reliable but not guaranteed.
Who Crest Bay Cottages is best for.
Best for
- Buyers pre-approved and ready to act the moment a listing appears
- Buyers targeting the mid-$600s in Miramar Beach who want a specific cottage over a big menu
- Sellers who want to list into low competing supply and a quick market
Probably not for
- Buyers who want several homes to tour and compare before deciding
- Buyers whose budget depends on a price range this snapshot cannot provide
- Buyers who require shared community amenities, which the current listings do not show
Homes For Sale Right Now in Crest Bay Cottages
Live MLS inventory for Crest Bay Cottages. 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 · 103 daysTop listingActive · 74 daysPending · 84 daysPending · 45 daysPending · 74 daysActive and pending Crest Bay Cottages listings as of 2026-11-10, 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.
Crest Bay Cottages 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
- 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 Crest Bay Cottages 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 Crest Bay Cottages address.
Shop the zone: Homes zoned for South Walton High School
The Crest Bay Cottages buying strategy.
If we were buying in Crest Bay Cottages 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Crest Bay Cottages.
A thin market that rewards readiness
With only one active listing and three recent closings in the window, Crest Bay Cottages behaves like a low-supply niche rather than a deep, liquid neighborhood. That has two effects: the median price is more sensitive to the individual home than to any trend, and the 11-day median on market tells you turnover is quick when something does hit. Don't read a single median as a floor or a ceiling — read it as the middle of a small, condition-driven set.
No community amenities surface from current MLS listings, so the value proposition rests on the homes themselves and the Miramar Beach location within Walton County rather than on shared facilities. If amenities are part of your decision, verify directly before you write an offer, because there is nothing in the current data to lean on.
The location and the amenities are priced into every listing in Crest Bay Cottages. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with one active listing and a fast median on market, timing and preparation decide the outcome. We track Crest Bay Cottages closely enough to flag a new listing early, position an offer against the median rather than a guess, and tell you plainly when the available home is not the right one to chase.
Crest Bay Cottages in 15 seconds.
Tools for a Crest Bay Cottages 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 Crest Bay Cottages sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Crest Bay Cottages, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Crest Bay Cottages home worth?
Get a no-obligation home value based on real comparable sales in Crest Bay Cottages, 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 Miramar Beach →
Recently off market in Crest Bay Cottages
Homes in Crest Bay Cottages 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. 7 on record.
- 108 Dylan Drive · off market
- 116 Dylan Drive · off market
- 47 Dylan Drive · off market
- 56 Dylan Drive · off market
- 64 Dylan Drive · off market
- 75 Dylan Drive · off market
- 84 Dylan Drive · off market
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Short Term Rental - Allowed |
| Sale prices, last 12 months | $620,900 median across 10 closed sales |
| Days on market (closed sales) | 17 median |
| For sale right now | 2 active, 3 pending · median asking $687,400 · 2.4 months of supply |
Data as of November 9, 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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Crest Bay Cottages key facts,” movewithmomentum.com/neighborhoods/crest-bay-cottages, data as of November 9, 2026.
Housing distress & ownership in Crest Bay Cottages, Miramar 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.
Just listed in Crest Bay Cottages
The newest homes for sale in Crest Bay Cottages right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 136 Dylan Drive $652,900 · 4 bd · 3.5 ba · listed Aug 27, 2026 Courtesy of DR Horton Realty of Emerald Coast LLC
- 112 Dylan Drive $721,900 · 4 bd · 3.5 ba · listed Jul 29, 2026 Courtesy of DR Horton Realty of Emerald Coast LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Crest Bay Cottages Right Now (5)
All 5 active and pending Crest Bay Cottages listings with a detail page, newest first, refreshed twice a day from the MLS.
- 57 Dylan Drive · $645,900 · 4 bd / 3.5 ba · pending · listed Sep 11, 2026 · listed by DR Horton Realty of Emerald Coast LLC
- 136 Dylan Drive · $652,900 · 4 bd / 3.5 ba · listed Aug 27, 2026 · listed by DR Horton Realty of Emerald Coast LLC
- 100 Dylan Drive · $571,481 · 3 bd / 2.5 ba · pending · listed Aug 13, 2026 · listed by DR Horton Realty of Emerald Coast LLC
- 124 Dylan Drive · $695,900 · 3 bd / 2.5 ba · pending · listed Aug 13, 2026 · listed by DR Horton Realty of Emerald Coast LLC
- 112 Dylan Drive · $721,900 · 4 bd / 3.5 ba · listed Aug 12, 2026 · listed by DR Horton Realty of Emerald Coast LLC
Recently sold in Crest Bay Cottages
- 84 Dylan Drive · sold $545,314
- 47 Dylan Drive · sold $610,000
- 116 Dylan Drive · sold $649,753
- 56 Dylan Drive · sold $625,000
- 75 Dylan Drive · sold $575,100
- 108 Dylan Drive · sold $625,300
- 64 Dylan Drive · sold $583,400
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Miramar Beach home searches
- All homes for sale in Miramar Beach, FL
- Homes for sale in Walton County, FL
- Miramar Beach pool homes for sale
- Miramar Beach home values: what is my house worth?
Miramar Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
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
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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What it really costs to own in Crest Bay Cottages
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $208/month across 10 MLS listings (most billed quarterly; 2026-11-11). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2026 across 10 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Crest Bay Cottages
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Crest Bay Cottages
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Crest Bay Cottages will answer, and the answer is published on this page for the next buyer.
10% of homes for sale in ZIP 32550 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 (2026-11-11).
Crest Bay Cottages Market Scorecard
Crest Bay Cottages is currently a strong seller's market. About 2.4 months of supply, a median asking price of $687,400, and homes go under contract in about 90 days.
Typical home value in the 32550 ZIP is $655,269, about 35.9% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Recent Developments in Crest Bay Cottages
Development, infrastructure, retail, and school activity affecting Crest Bay Cottages, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
DeFuniak Springs tactical training firm plans campus expansion after multimillion-dollar contracts
Stronghold Test & Training Center, on a 50-acre campus at 150 Warfighter Way, plans a new complex with secure vaults, classrooms, offices and a 3D-printing prototyping bay. The company cites a $21 million Navy contract through 2030 and other federal awards; no cost, timeline or job count was given.
What it may mean for the marketDefense-linked contracting growth near Eglin and Hurlburt supports employer activity and specialized jobs in the DeFuniak Springs area. The project is about 23 miles north of Crest Bay Cottages, elsewhere in Walton County.
Source: Get The Coast - August 2026Infrastructure
Walton commissioners approve up to $4.69 million Westbay Parkway design contract
At its August 17, 2026 meeting, the Walton County Board of County Commissioners approved, on the consent agenda, a contract with Mott MacDonald for Westbay Parkway design not to exceed $4,693,502.38. The same agenda included a $184,117 Dewberry task order for the Santa Clara Regional Beach Access Bramble Grove addition.
What it may mean for the marketDesign work on Westbay Parkway is an early step toward added road capacity in western Walton County. The site is about 8 miles northwest of Crest Bay Cottages.
Source: Walton County Government - July 2026Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 8 miles north of Crest Bay Cottages.
Source: Get The Coast
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.
Frequently Asked Questions
What is the median home price in Crest Bay Cottages?
How long do homes in Crest Bay Cottages take to sell?
Is Crest Bay Cottages a buyer's or seller's market right now?
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How do I find a top Miramar Beach real estate agent who knows Crest Bay Cottages?
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Where is Crest Bay Cottages, and what county is it in?
Is Crest Bay Cottages a good place to live?
Should you buy in Crest Bay Cottages?
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: November 10, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending November 9, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (10 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.
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