Crest Development in Santa Rosa Beach

Crest Development
Homes for Sale in Santa Rosa Beach, FL

All 848 homes for sale in Santa Rosa Beach, FL · median $1,135,000 · 878 homes for sale in 32459 · Walton County homes for sale

Community in Santa Rosa Beach · Walton County · ZIP 32459
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data6 years of closingsUpdated twice daily

As of September 2026, Crest Development in Santa Rosa Beach, FL has 2 homes for sale. As of September 2026, the MLS records 5 closed sales in Crest Development in Santa Rosa Beach, FL since 2020, the most recent in March 2025. Across Santa Rosa Beach as a whole, 545 homes closed in the last 12 months at a median of $975,000, 84 median days on market, with 302 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $9,510 ($9,130 with the full homestead exemption).

Last 30 days in Crest Development: 2 new listings (median asking $2,820,000). As of September 28, 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 · Crest Development Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Walton: 18% (698 of 3,872)
2 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

With a single active listing, Crest Development is a thin market. There is no spread of comparable homes to establish a clear pricing pattern, so what sets the price here is the condition, size, and lot of the one home on the market rather than any community-wide trend. Treat any pricing signal as specific to that listing, not the neighborhood at large.

For a buyer, that means patience and flexibility: your options are limited to what is available right now, and you may be waiting for the next home to list. For a seller, low competition can work in your favor, but it also means fewer recent local comps to anchor an appraisal. Pricing should lean on condition and broader Santa Rosa Beach data rather than internal sales history.

The 60-Second Overview

Crest Development is a small pocket within Santa Rosa Beach in Walton County, currently showing just one home on the market. It is best understood as a quiet, low-inventory address rather than an amenity-driven community.

Emerald Coast MLS sales records identify 5 homes in CREST DEVELOPMENT that have changed hands since 2020, built between 2020 and 2021 (median 2020), with a median living area of about 3,500 sq ft and a typical 5-bedroom, 6-bath layout; 80% 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.

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.

Best for

  • Buyers set on Santa Rosa Beach who are ready to move on the one available home
  • Buyers who prioritize a quiet, low-inventory address over shared amenities
  • Sellers who value limited local competition and will price against broader-area comps

Probably not for

  • Buyers who need several homes to compare before committing
  • Buyers seeking community amenities like pools or shared recreation
  • Buyers on a strict timeline who can't wait for future inventory to list

The market around Crest Development

Crest Development 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 Crest Development specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in CREST DEVELOPMENT, Santa Rosa Beach

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 23 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 Crest Development

Live MLS inventory for Crest Development. 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 Crest Development 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.

Every Home for Sale in Crest Development Right Now (2)

All 2 active and pending Crest Development listings with a detail page, newest first, refreshed twice a day from the MLS.

Schools

In short
  • 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 Development 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 Development address.

If we were buying in Crest Development 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 Crest Development.

Best Buy
Buyers comfortable acting on a single option or willing to wait for the next listing.
Biggest Risk
A thin market with few internal comps to anchor value.
Sweet Spot
A buyer who values the location and the specific home over amenities.
Avoid If
You need choice, shared amenities, or a fast, comp-driven deal.

A one-listing market

The defining feature of Crest Development right now is scarcity. One active listing gives you almost nothing to triangulate against — no visible range, no read on how condition maps to price across multiple homes. Anyone buying or selling here should look outward to comparable Santa Rosa Beach neighborhoods to build a pricing picture.

No community amenities surface from current MLS listings, so the value proposition is the home itself and the Santa Rosa Beach location, not shared facilities. If amenities are a priority, this is a place to verify on the ground rather than assume.

“

The location and the amenities are priced into every listing in Crest Development. 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 market this thin, local judgment matters more than a listing feed. We pull comparable data from across Santa Rosa Beach and Walton County to price a single home honestly, and we will tell you plainly when the lone listing is or isn't the right fit for what you want.

Crest Development in 15 seconds.

Best forBuyers comfortable acting on a single option or willing to wait for the next listing.
Biggest advantageLow competition for a seller and a quiet Santa Rosa Beach address.
Biggest riskA thin market with few internal comps to anchor value.
Sweet spotA buyer who values the location and the specific home over amenities.
Avoid ifYou need choice, shared amenities, or a fast, comp-driven deal.

HOA, CDD & Fees

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

What is your Crest Development home worth?

Get a no-obligation home value based on real comparable sales in Crest Development, 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 →

Real comps, not an automated estimate.
Buyers set on Santa Rosa Beach who are ready to move on the one available homeExcellent fit
Buyers who prioritize a quiet, low-inventory address over shared amenitiesExcellent fit
Sellers who value limited local competition and will price against broader-area compsExcellent fit
Buyers who need several homes to compare before committingProbably not
Buyers seeking community amenities like pools or shared recreationProbably not
Buyers on a strict timeline who can't wait for future inventory to listProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2020 (5 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.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

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Common questions about Crest Development

Where is Crest Development?

Crest Development is a community in Santa Rosa Beach, Walton County, Florida, ZIP 32459.

Are there homes for sale in Crest Development right now?

Yes — 2 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Crest Development have an HOA or CDD?

No HOA is on record for Crest Development in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Crest Development with Momentum Realty’s local guides.

Mirasol T H0.1 mi away · median $635K, 3 sales/12 moPalmeira Villas0.1 mi away · 24 homes, built 1985–19, 1 for saleGrande Beach0.1 mi away · 18 homes, built 1995–24Rolling Dunes Estates0.1 mi away · median $1.85M, 5 sales/12 moThirty Blu0.1 mi away · 6 homes, built 1981–12, 1 for saleBella Vita (Walton)0.2 mi away · median $2.58M, 4 sales/12 moRedfish Village0.2 mi away · median $892K, 4 sales/12 moDuneside At Blue Mountain Beach0.2 mi away · 21 homes, built 2016–23

Browse all neighborhood guides →

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