Draper Lake Coastal Village in Santa Rosa Beach

Draper Lake Coastal Village
Homes for Sale in Santa Rosa Beach, FL

Community in Santa Rosa Beach · Walton County · ZIP 32459
Median sale $3.20M
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True comps, carrying-cost math, and listings before the portals.

Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data12 years of closingsUpdated twice daily

As of September 2026, Draper Lake Coastal Village in Santa Rosa Beach, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $3,200,000, a median 53 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 2015–2023. At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $31,220 ($30,840 with the full homestead exemption).

Live · Draper Lake Coastal Village Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$3.20M
Median sold · 12 mo
95.0%
Sale vs ask
Walton median: 94.7%
Tempo
4.8mo
Supply
3 to 6 months is the balanced band
53days
Median DOM · closed
3 days at the 2022 low
0%
Under contract
Walton: 20% (907 of 4,494)
2 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by product, not by a wide address premium. With a median just over $2.65M and a median build year of 2014, you are paying for relatively newer construction on a rare stretch of coastal-dune-lake geography in Santa Rosa Beach. The median home runs north of 3,200 square feet, so square footage and finish level — not lot count or a deep amenity package — are doing most of the work in the number. There is no identified community amenity set from current MLS data, which means the value proposition is the homes and the location, full stop.

The market posture right now is thin and slow-moving. Zero active listings against 61 homes tells you inventory is tightly held, and a median of 78 days on market on recent closings says buyers are not rushing and sellers are not discounting into a panic. For a buyer, that means patience and readiness to move when the right listing surfaces. For a seller, it means pricing to condition and being honest about time — this is not a same-week-offer market.

Draper Lake Coastal Village Housing Pulse · Momentum Research · as of September 12, 2026

Draper Lake Coastal Village right now

🟡 Balanced market. 4.8 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 September 12, 2026. Confidence: Medium (2 active and pending listings, 5 closed sales in 12 months).

What's unique here: the median sale price is about 5x the typical Walton County sale ($3.20M vs $680K, trailing 12 months, Emerald Coast MLS records).

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

Updated September 12, 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

Draper Lake Coastal Village market snapshot (as of September 12, 2026): the median sale price is about $3.20M, a median 53 days on market for closed sales, and 4.8 months of supply, a balanced market.

Draper Lake Coastal Village is a small, tightly held enclave of 61 homes in Santa Rosa Beach, weighted toward newer construction and larger floor plans. With no active listings at the moment, availability — not price alone — is the gating factor.

Best for

  • Buyers with a $2.65M-plus budget who prioritize newer construction and larger square footage
  • Second-home or coastal-lifestyle buyers comfortable with a slow, patient search
  • Long-horizon buyers who can wait months for the right home to surface rather than force a purchase

Probably not for

  • Buyers who need to close on a fixed timeline and cannot wait on thin inventory
  • Anyone seeking a robust shared-amenity community, since none is identified in current MLS data
  • Value-focused buyers looking for entry-level pricing well under the market's median

Windows contain 0 to 6 sales each (5 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.

Homes sold per 12-mo window
02462014201620182020202220242026
0 to 6 a year; 5 in the current window.

The real cost & risk here

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

$3,729/mo
Walton County typical true cost to own
$162/mo
Walton 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.

DRAPER LAKE COASTAL VILLAGE Market Scorecard

Balanced

DRAPER LAKE COASTAL VILLAGE is currently a balanced market. About 4.8 months of supply, a median asking price of $2,695,000, and homes go under contract in about 6 days.

4.8
Months supply
$2,695,000
Median list
$3,200,000
Median sold
n/a
Per sqft
6
Days on mkt
2/0/5
Active/Pend/Sold

Typical home value in the 32459 ZIP is $864,108, about 71.4% 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.

Housing distress & ownership in DRAPER LAKE COASTAL VILLAGE, 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 17 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-11)

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 Draper Lake Coastal Village

Live MLS inventory for Draper Lake Coastal Village. 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 Draper Lake Coastal Village listings as of 2026-09-12, 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.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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 Draper Lake Coastal Village 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 Draper Lake Coastal Village address.

If we were buying in Draper Lake Coastal Village 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 Draper Lake Coastal Village.

Best Buy
Buyers who want newer construction on a coastal-dune-lake setting and can wait for the right listing.
Biggest Risk
With zero active listings, timing and supply — not price alone — control whether you can buy at all.
Sweet Spot
A well-finished home at or below the $2.65M median, matched to its condition.
Avoid If
You need to buy on a timeline or want a heavy shared-amenity package.

A small, newer-built pocket that trades on inventory

The build range spans from 1950 to 2024, but the median year built of 2014 tells you where the weight sits: this leans newer than the county's older coastal stock, and that shows up in the median price. Expect a wide spread around the $2.65M median that is largely condition- and finish-driven rather than defined by a fixed floor or ceiling — with a community this small, one distinctive home can move the picture.

The homestead share sits around 30%, which points to a meaningful share of homes used as second residences or rentals rather than full-time occupancy. Combined with only 61 homes total and nothing currently active, turnover is limited. If you want in, the practical strategy is monitoring rather than shopping — the constraint is supply, not competing on a crowded shelf.

The location and the amenities are priced into every listing in Draper Lake Coastal Village. 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 61-home enclave with zero active listings, deals are made on relationships and timing, not on browsing what is posted. We track quiet movement, know which homes are held as second residences, and can tell you honestly whether a given listing is priced to its condition against a $2.65M median. That is the difference between waiting well and overpaying to jump the line.

Draper Lake Coastal Village in 15 seconds.

Best forBuyers who want newer construction on a coastal-dune-lake setting and can wait for the right listing.
Biggest advantageSmall, tightly held inventory of larger, relatively newer homes near the water.
Biggest riskWith zero active listings, timing and supply — not price alone — control whether you can buy at all.
Sweet spotA well-finished home at or below the $2.65M median, matched to its condition.
Avoid ifYou need to buy on a timeline or want a heavy shared-amenity package.

HOA, CDD & Fees

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 Draper Lake Coastal Village sales matched to your home.

What is your Draper Lake Coastal Village home worth?

Get a no-obligation home value based on real comparable sales in Draper Lake Coastal Village, 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 homes for sale in Draper Lake Coastal Village on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Draper Lake Coastal Village?
The median sale price in Draper Lake Coastal Village was $3.20M over the 12 months ending September 12, 2026 (5 closed sales, Emerald Coast MLS).
How long do homes in Draper Lake Coastal Village take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 53 days on market (5 sales, Emerald Coast MLS).
Is Draper Lake Coastal Village a buyer's or seller's market right now?
As of September 12, 2026, Draper Lake Coastal Village is roughly balanced: 4.8 months of supply at the current sales pace (Emerald Coast MLS live counts).
Who is the best real estate agent for Draper Lake Coastal Village?
The best agent for Draper Lake Coastal Village is one who actively works Santa Rosa 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 Draper Lake Coastal Village.
How do I find a top Santa Rosa Beach real estate agent who knows Draper Lake Coastal Village?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Draper Lake Coastal Village and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for Draper Lake Coastal Village?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Draper Lake Coastal Village purchase or sale - no call center and no pressure.
Buyers with a $2.65M-plus budget who prioritize newer construction and larger square footageExcellent fit
Second-home or coastal-lifestyle buyers comfortable with a slow, patient searchExcellent fit
Long-horizon buyers who can wait months for the right home to surface rather than force a purchaseExcellent fit
Buyers who need to close on a fixed timeline and cannot wait on thin inventoryProbably not
Anyone seeking a robust shared-amenity community, since none is identified in current MLS dataProbably not
Value-focused buyers looking for entry-level pricing well under the market's medianProbably not

Nearby Communities

Explore more neighborhoods near Draper Lake Coastal Village with Momentum Realty’s local guides.

FLForest Lakes (Walton)0.2 mi awayOFOld Florida Beach0.2 mi awayGHGulfview Heights0.3 mi awayFLForest Lakes Ph Ii0.3 mi awayGHGulfview Heights 1St Addn0.3 mi awayRTRetreat The0.3 mi awayOFOld Florida Cottages0.4 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (29 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 →

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CallFree valuation →
Thinking of selling in DRAPER LAKE COASTAL VILLAGE? 5 recorded closings; median 53 days on market (window ending 2026-09-12). 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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