Eastern Lake Estates
Homes for Sale in Santa Rosa Beach, FL
All 844 homes for sale in Santa Rosa Beach, FL · median $1,162,500 · 875 homes for sale in 32459 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Eastern Lake Estates in Santa Rosa Beach, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $2,100,000, a median 81 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 1980–2025 with 1 new construction; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $20,490 ($20,110 with the full homestead exemption).
Part of the Eastern Lake master-planned community in Santa Rosa Beach, FL — see all Eastern Lake homes for sale (17 listings across 6 villages and sections in the MLS).
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 108 (FL DOR 2025 assessment roll) |
| Years built | 1940–2024 (median 1998) |
| Typical living area | 2,510 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Boat Launch, Short Term Rental - Allowed, BBQ Pit/Grill, Beach, Fishing, Pets Allowed |
| Sale prices, last 12 months | $2,100,000 median across 3 closed sales |
| Days on market (closed sales) | 81 median |
| For sale right now | 2 active, 1 pending · median asking $2,197,000 · 8.0 months of supply |
| Owner-occupied (homestead) share | 22% |
Data as of September 20, 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “EASTERN LAKE ESTATES key facts,” movewithmomentum.com/neighborhoods/eastern-lake-estates, data as of September 20, 2026.
Eastern Lake Estates is a 151-home pocket of Santa Rosa Beach with a wide construction spread — homes date from 1950 through 2024, with the midpoint right around 2000. That range is the story here: what you pay is driven far more by a home's condition, vintage, and how recently it was updated than by any uniform neighborhood standard. There is no single product type, so price comparisons across the community are messy by nature.
The market posture right now is thin — just two active listings against two recent closings. That is a low-inventory, low-turnover snapshot, which means individual sales carry outsized weight and buyers should expect limited choice at any given moment. Sellers with a well-kept or updated home have leverage simply because comparable, move-in-ready alternatives are scarce; buyers need patience and a willingness to move when the right listing appears.
Eastern Lake Estates right now
🟢 Buyer-leaning market. 8.0 months of supply and 33% of the inventory already under contract give buyers above-average negotiating leverage.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 20, 2026. Confidence: Medium (3 active and pending listings, 3 closed sales in 12 months).
What's unique here: the median sale price is about 5x the typical Walton County sale ($2.10M vs $400K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Eastern Lake Estates market snapshot (as of September 20, 2026): the median sale price is about $2.10M, a median 81 days on market for closed sales, and 8.0 months of supply, a buyer-leaning market.
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.
County records show 14 qualified sales in EASTERN LAKE ESTATES across 2024–2025 (11 in 2024, 3 in 2025), median $2.10M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Eastern Lake Estates is a community of 108 homes in Santa Rosa Beach, Walton County, built between 1940 and 2024 (median 1998), with a median living area of about 2,510 square feet. 22% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a small, established enclave near Santa Rosa Beach where the housing stock spans roughly three-quarters of a century, so no two homes are quite alike. With a median living area around 2,673 square feet, the typical house here is substantial rather than compact.
The setting & the homes.
Aerial and on-site photos of Eastern Lake Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Eastern Lake EstatesPhotos from Emerald Coast MLS listings in Eastern Lake Estates; content deemed reliable but not guaranteed.
Who Eastern Lake Estates is best for.
Best for
- Buyers wanting more living space, with a median footprint around 2,673 square feet
- Coastal Walton County buyers comfortable with a non-primary or second-home ownership mix
- Patient purchasers willing to wait for the right listing in a low-turnover market
Probably not for
- Buyers who need to compare many active listings at once
- Those wanting shared amenities, since none are identified from current listings
- Buyers seeking a uniform, cookie-cutter subdivision at a predictable price point
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($2.10M) IS the median in the snapshot above.
Windows contain 0 to 5 sales each (3 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.
18% of homes for sale in ZIP 32459 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 (2026-09-21).
Eastern Lake Estates Market Scorecard
Eastern Lake Estates is currently a buyer-leaning market. About 8.0 months of supply, a median asking price of $2,197,000, and homes go under contract in about 554 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in EASTERN LAKE ESTATES, Santa Rosa 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.
Homes For Sale Right Now in Eastern Lake Estates
Live MLS inventory for Eastern Lake Estates. 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 · 554 daysTop listingActive · 365 daysPending · 22 daysActive and pending Eastern Lake Estates 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 Eastern Lake Estates Right Now (3)
All 3 active and pending Eastern Lake Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 240 Lakeview Drive · $3,995,000 · 8 bd / 9 ba · pending · listed Aug 19, 2026 · listed by Christies International Real Estate Emerald Coast
- 288 Lakeview Drive · $1,799,000 · 3 bd / 2.5 ba · listed Jun 27, 2026 · listed by Christies International Real Estate Emerald Coast
- 40 Tresca Drive · $2,595,000 · 6 bd / 5.5 ba · listed Jun 27, 2026 · listed by EXP Realty LLC
Eastern Lake Estates 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, tiles © CARTO.
Schools
- 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 Eastern Lake Estates 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 Eastern Lake Estates address.
Shop the zone: Homes zoned for South Walton High School
The Eastern Lake Estates buying strategy.
If we were buying in Eastern Lake Estates 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Eastern Lake Estates.
A condition-driven market, not a cookie-cutter one
The defining feature of Eastern Lake Estates is its breadth. When a community holds homes built as early as 1950 alongside new construction from 2024, price is set at the property level — envelope, systems, renovations, and lot — not by a neighborhood template. Expect a genuinely wide spread in value, and treat any single sale as a data point rather than a benchmark. The median year built near 2000 tells you the middle of the stock is mature but not old.
Current MLS listings identify no community amenities, so this is a place to buy for the home and the location rather than for shared facilities. The homestead share sits just under 19 percent, which points to a meaningful non-primary-residence presence — consistent with a coastal Walton County setting. That mix, combined with very light inventory, makes accurate, home-by-home pricing the whole game here.
The location and the amenities are priced into every listing in Eastern Lake Estates. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Eastern Lake Estates buys, holds, and resells. Momentum Research; not an appraisal.
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 (3.7). Basis: Liquidity & Demand 8.0 months of supply; Owner Commitment 22% owner-occupied; Pricing Power 95.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this small and this varied, the automated numbers fall apart — a 1950s cottage and a 2024 build do not price off each other. We underwrite each home on its own condition, updates, and lot, and with only a couple of listings and closings to reference, that hands-on read is the difference between a fair number and a guess. We will also tell you plainly when a given property is priced for its finishes and when it is not.
Eastern Lake Estates in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Eastern Lake Estates 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 Eastern Lake Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Eastern Lake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Eastern Lake Estates home worth?
Get a no-obligation home value based on real comparable sales in Eastern Lake Estates, 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 →
Recently off market in EASTERN LAKE ESTATES
Homes in EASTERN LAKE ESTATES 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. 2 on record.
- 335 Eastern Lake Road · off market
- 499 Lakeview Drive · off market
Frequently Asked Questions
What is the median home price in Eastern Lake Estates?
How long do homes in Eastern Lake Estates take to sell?
Is Eastern Lake Estates a buyer's or seller's market right now?
How many homes are in Eastern Lake Estates?
What share of Eastern Lake Estates is owner-occupied?
When were the homes in Eastern Lake Estates built?
Who is the best real estate agent for Eastern Lake Estates?
How do I find a top Santa Rosa Beach real estate agent who knows Eastern Lake Estates?
Can Momentum Realty connect me with an agent for Eastern Lake Estates?
Where is Eastern Lake Estates, and what county is it in?
Should you buy in Eastern Lake Estates?
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: September 26, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1998 (30 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.
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See how EASTERN LAKE ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
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