Emerald Bay
Homes for Sale in Destin, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Emerald Bay in Destin, FL has 4 homes for sale and 2 pending, asking from $724,000 to $1,100,000 (median $1,043,750). Homes listed or recently sold were built 1993–2026 with 1 new construction; 14 of 14 report an HOA (median $80/mo); none of the 14 geocoded homes sit in a FEMA special flood hazard zone (median elevation 11 ft).
| Location | Destin, Okaloosa County, FL |
|---|---|
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Golf, Pool, Short Term Rental - Not Allowed, Tennis Court(s), Gated, Pets Allowed |
| For sale right now | 4 active, 2 pending · median asking $1,043,750 · 6.0 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, “Emerald Bay key facts,” movewithmomentum.com/neighborhoods/emerald-bay, data as of November 9, 2026.
Last 30 days in Emerald Bay: 1 new listing (median asking $997,500), 2 under contract right now. 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.
Homes For Sale Right Now in Emerald Bay
Live MLS inventory for Emerald Bay. 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 · 317 daysTop listing
Active · 101 daysActive · 27 days
Active · 288 days
Pending · 190 days
Pending · 41 daysActive and pending Emerald Bay listings as of 2026-11-09, 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 Emerald Bay Right Now (6)
All 6 active and pending Emerald Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 691 Emerald Bay Drive · $997,500 · 4 bd / 4.5 ba · listed Oct 13, 2026 · listed by Legendary Realty LLC
- 674 Emerald Bay Drive · $700,000 · 3 bd / 3 ba · pending · listed Sep 24, 2026 · listed by EXP Realty LLC
- 25 Garnet Place · $1,090,000 · 4 bd / 3.5 ba · listed Aug 11, 2026 · listed by Scenic Sotheby's International Realty
- 927 Emerald Bay Drive · $724,000 · 3 bd / 2 ba · listed Aug 11, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 66 Garnet Place · $1,100,000 · 3 bd / 3 ba · listed Aug 11, 2026 · listed by HomeSmart
- 1007 Emerald Bay Drive · $1,425,000 · 5 bd / 4 ba · pending · listed Aug 11, 2026 · listed by Compass
Emerald Bay is an established Destin community of 137 homes, built out over a long stretch from 1992 to 2024 with a median vintage of 1997. That spread matters more than any single price point: what you pay here is driven by condition and updates, not by a uniform product. A 1990s home that has been reworked and one that hasn't will sell for very different numbers, and with the median living area at roughly 3,200 square feet, these are substantial houses where deferred maintenance adds up.
Supply is thin — one active listing against 137 homes, and only a couple of closings in the recent window. With a homestead share near 77%, most of these homes are lived in rather than turned over, so inventory stays tight and comparable sales are sparse. For a seller with a well-kept home, that scarcity is leverage. For a buyer, it means patience and a willingness to move when the right house appears.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Emerald Bay right now
🟡 Balanced market. 6.0 months of supply and 33% 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 November 9, 2026. Confidence: Medium (6 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 9, 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
Emerald Bay is a low-turnover Destin community of larger homes on a wide age range, where the mid-1990s median build meets a handful of newer construction through 2024. Pricing tracks condition, not a single formula.
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.
The setting & the homes.
Aerial and on-site photos of Emerald Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Emerald Bay
Emerald BayPhotos from Emerald Coast MLS listings in Emerald Bay; content deemed reliable but not guaranteed.
Who Emerald Bay is best for.
Best for
- Buyers wanting a substantial home around 3,200 square feet in an established Destin setting
- Patient buyers prepared to act quickly when a rare listing hits the market
- Long-hold owners who value stability over frequent turnover
Probably not for
- Buyers who need a wide selection to compare in a short window
- Anyone prioritizing community amenities, as none surfaced in current listings
- Buyers wanting turnkey new construction only, given the mid-1990s median build
The market around Emerald Bay
Emerald Bay is too small for its own price trend, so here is the market around it.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
ZIP and county figures describe the wider market, not Emerald Bay specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in EMERALD BAY, Destin
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.
Emerald Bay 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
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Destin · Elementary
- Destin · Middle
- Destin · High
Zoned schools reflect the assignments reported on recent Emerald Bay listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Emerald Bay address.
The Emerald Bay buying strategy.
If we were buying in Emerald Bay 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Emerald Bay.
A condition-driven market with almost nothing on the shelf
The defining feature here is the range of build years against a small, stable pool of homes. With median square footage around 3,200 and construction stretching from 1992 to 2024, two houses of similar size can be a generation apart in systems, finishes, and layout. That's why we lean on condition rather than a headline price — the spread is wide, and updates carry real weight in what a home commands.
No community amenities surfaced in the current MLS listings, so the value proposition is the homes themselves and the Destin location within Okaloosa County. With homestead status on more than three-quarters of these homes and only one active listing at last snapshot, this is not a market you shop casually. Serious buyers should be pre-positioned; sellers should price to condition and expect a focused audience rather than a crowd.
The location and the amenities are priced into every listing in Emerald Bay. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this tight, with sparse recent closings and a wide age range, the read on any given home comes down to condition, updates, and honest comparables. We track this market closely enough to tell you what a 1990s home has actually done to earn a newer-construction price — and when it hasn't. Whether you're waiting for the right listing to surface or pricing your own home into a thin field, that judgment is the value.
Emerald Bay in 15 seconds.
Tools for a Emerald Bay 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 Emerald Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Emerald Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Emerald Bay home worth?
Get a no-obligation home value based on real comparable sales in Emerald Bay, 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 Destin →
Recently off market in EMERALD BAY
Homes in EMERALD BAY 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. 4 on record.
- 120 Garnet Place · off market
- 4250 Emerald Bay Drive · off market
- 943 Emerald Bay Drive · off market
- 96 Garnet Place · off market
Recently sold in Emerald Bay
- 120 Garnet Place · sold $1,180,000
- 943 Emerald Bay Drive · sold $985,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
Frequently Asked Questions
Is Emerald Bay a buyer's or seller's market right now?
Who is the best real estate agent for Emerald Bay?
How do I find a top Destin real estate agent who knows Emerald Bay?
Can Momentum Realty connect me with an agent for Emerald Bay?
Should you buy in Emerald Bay?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Emerald Bay with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 9, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
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See how EMERALD BAY fits the bigger picture — live prices, inventory, and Momentum Scores: