CRYSTAL LAKE PHASE I
Homes for Sale in Miramar Beach, FL

Community in Miramar Beach · Walton County · ZIP 32541
123 homesBuilt 1991–2024Median sale $998K
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Live Market Pulse
67/100
Market Heat
Hotter than normal
2018 → 2026 · 75 at the 2023 peak
0 is CRYSTAL LAKE PHASE I's coldest market since 2018, 100 its hottest. Today: 67. How it's scored
Built fromLive emeraldcoast data20 years of closingsFL DOR public recordsUpdated twice daily
Live · CRYSTAL LAKE PHASE I Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$998K
Median sold · 12 mo
up 7.8% vs the prior 12 months
+7.8%
1-yr price change
n = 4 and 8 sales in the two windows
93.4%
Sale vs ask
Walton median: 94.5%
Tempo
20days
Median DOM · closed
10 days at the 2023 low
4
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
53%
Owner-occupied · CRYSTAL LAKE PHASE I
66 of 125 parcels homesteaded (FL DOR 2025)
47%
Non-owner-occupied · CRYSTAL LAKE PHASE I
incl. 15% trust or LLC-held · 37% out-of-state
0%
Cash buyers · CRYSTAL LAKE PHASE I
0 of 4 sales, 12 mo ending July 2026
123
Homes in the community
plus 2 vacant residential lots · 125 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1991
Community established
homes built 1991-2024, median 2002 (FL DOR 2025)
3.3%/yr
Turnover rate
about 4 of 123 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Crystal Lake Phase I is driven by condition and the wide build span more than any single feature. Homes here date from 1991 through 2024, with the median around 2002, so what you pay tracks closely to whether a place has been updated or is still original. The median sits at $997,500, and at a median living area near 2,422 square feet, this is a market where renovation quality separates one closing from the next.

The current posture is firm but not frantic. A median of roughly 19 days on market and a heat score of 67 point to steady demand, with year-over-year movement up 7.8%. Sellers with a well-kept, move-in-ready home have leverage; buyers should come prepared to act on the sharper listings, but there is still room to be selective on anything that needs work.

CRYSTAL LAKE PHASE I Housing Pulse · Momentum Research · as of July 25, 2026

CRYSTAL LAKE PHASE I right now

🟡 Still climbing. The trailing-12-month median ($998K) is up 7.8% from the prior 12 months ($925K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Low (4 and 8 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 25, 2026 · Live data: emeraldcoast, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

CRYSTAL LAKE PHASE I market snapshot (as of July 25, 2026): the median sale price is about $998K, and a median 20 days on market for closed sales. The trailing-12-month median is up 8% from the prior 12 months, computed from record-level emeraldcoast closed sales (4 closings in the current window).

CRYSTAL LAKE PHASE I is a community of 123 homes in Miramar Beach, Walton County, built between 1991 and 2024 (median 2002), with a median living area of about 2,422 square feet. 53% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Crystal Lake Phase I is an established Miramar Beach community of 123 homes built across more than three decades, where the mix of original and updated properties creates a genuinely wide range in what you get for the money.

Best for

  • Buyers targeting the high-six-figure to seven-figure range who want a move-in-ready home near the median
  • Buyers willing to renovate an original-condition property in exchange for a lower entry point
  • Owner-occupants who want an established, non-tract setting in Miramar Beach

Probably not for

  • Buyers who require a brand-new build with warranty coverage
  • Buyers who want pools, clubhouses, or other shared amenities on site
  • Buyers on a tight budget who cannot flex toward the median price point

Windows contain 1 to 8 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.

Median sale price · trailing 12 mo
$400K$600K$800K$1M20122014201620182020202220242026
Up 7.8% year over year.
Median days on market · closed sales
010020020122014201620182020202220242026
10 days at the 2023 low; 20 now.
Sale price vs original ask · median
85%90%95%20122014201620182020202220242026
93.4% now vs Walton 94.5%.
Homes sold per 12-mo window
025820122014201620182020202220242026
1 to 8 a year; 4 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2018202020222026
75 at the 2023 peak, 30 in the troughs, 67 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Broward County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,581/mo
Broward County typical true cost to own
$130/mo
Broward County typical home insurance
Check CDD
Confirm before you offer

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.

If we were buying in CRYSTAL LAKE PHASE I 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 CRYSTAL LAKE PHASE I.

Best Buy
Buyers who want an established Miramar Beach address with a substantial home.
Biggest Risk
With no shared amenities, the appeal rests entirely on the home and location.
Sweet Spot
An updated home near the median that trades hands quickly at current demand levels.
Avoid If
You need new construction or resort-style community facilities.

An established community with a long build span

With homes ranging from 1991 to 2024 and a median build year around 2002, Crystal Lake Phase I is a mature enclave rather than a new-construction tract. That maturity shows up in the housing stock: expect a spread from original-condition homes to fully reworked ones, which is why price here is best understood as condition-driven. The median living area of about 2,422 square feet points to substantial, non-starter homes.

A homestead share just above 52% suggests a roughly even split between owner-occupants and non-owner-occupied properties, which is typical for this stretch of Miramar Beach in Walton County. No community amenities were identified from current MLS listings, so buyers drawn here should be motivated by the homes and the location rather than shared facilities.

The location and the amenities are priced into every listing in CRYSTAL LAKE PHASE I. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.3B- · Buy Score
Recent Direction8.0/10
Owner Commitment5.3/10
Pricing Power5.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.3). Basis: Recent Direction +7.8% year-over-year; Owner Commitment 53% owner-occupied; Pricing Power 93.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Because pricing in Crystal Lake Phase I turns on condition and vintage rather than a simple per-foot number, the value is in reading each listing against its build year and update history. We help sellers position a renovated home against the median and help buyers judge whether a lower-priced listing reflects a fair discount for work needed or a genuine opportunity.

CRYSTAL LAKE PHASE I in 15 seconds.

Best forBuyers who want an established Miramar Beach address with a substantial home.
Biggest advantageA wide condition spread means there is room to match budget to how much work you will take on.
Biggest riskWith no shared amenities, the appeal rests entirely on the home and location.
Sweet spotAn updated home near the median that trades hands quickly at current demand levels.
Avoid ifYou need new construction or resort-style community facilities.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 CRYSTAL LAKE PHASE I sales matched to your home.

What is your CRYSTAL LAKE PHASE I home worth?

Get a no-obligation home value based on real comparable sales in CRYSTAL LAKE PHASE I, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in CRYSTAL LAKE PHASE I?
The median sale price in CRYSTAL LAKE PHASE I was $998K over the 12 months ending July 25, 2026 (4 closed sales, emeraldcoast).
How long do homes in CRYSTAL LAKE PHASE I take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 20 days on market (4 sales, emeraldcoast).
How many homes are in CRYSTAL LAKE PHASE I?
The Florida DOR 2025 assessment roll shows 123 homes plus 2 vacant residential lots in CRYSTAL LAKE PHASE I (public records).
What share of CRYSTAL LAKE PHASE I is owner-occupied?
53% of CRYSTAL LAKE PHASE I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in CRYSTAL LAKE PHASE I built?
Homes in CRYSTAL LAKE PHASE I were built between 1991 and 2024, with a median year built of 2002 (FL DOR 2025 roll).
Do cash buyers compete in CRYSTAL LAKE PHASE I?
Cash buyers took 0% of CRYSTAL LAKE PHASE I sales in the 12 months ending July 2026 (0 of 4 closings, emeraldcoast).
Who is the best real estate agent for CRYSTAL LAKE PHASE I?
The best agent for CRYSTAL LAKE PHASE I is one who actively works Miramar Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for CRYSTAL LAKE PHASE I.
How do I find a top Miramar Beach real estate agent who knows CRYSTAL LAKE PHASE I?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows CRYSTAL LAKE PHASE I and the wider Miramar Beach area.
Can Momentum Realty connect me with an agent for CRYSTAL LAKE PHASE I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your CRYSTAL LAKE PHASE I purchase or sale - no call center and no pressure.
Buyers targeting the high-six-figure to seven-figure range who want a move-in-ready home near the medianExcellent fit
Buyers willing to renovate an original-condition property in exchange for a lower entry pointExcellent fit
Owner-occupants who want an established, non-tract setting in Miramar BeachExcellent fit
Buyers who require a brand-new build with warranty coverageProbably not
Buyers who want pools, clubhouses, or other shared amenities on siteProbably not
Buyers on a tight budget who cannot flex toward the median price pointProbably not

Data sources & freshness

Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 32541/32550))
Historical depthClosed-sale records back to 2006 (62 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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Thinking of selling in CRYSTAL LAKE PHASE I? 4 recorded closings; median 19 days on market (window ending 2026-07-25). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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