Emerald Bay
Homes for Sale in Destin, FL
All 602 homes for sale in Destin, FL · median $636,000 · 617 homes for sale in 32541 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Emerald Bay in Destin, FL has 6 homes for sale and 1 pending, asking from $700,000 to $1,425,000 (median $1,040,000). Homes listed or recently sold were built 1993–2026 with 1 new construction; none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft).
| Location | Destin, Okaloosa County, FL · ZIP 32541 |
|---|---|
| Homes in the community | 157 (FL DOR 2025 assessment roll) |
| Years built | 1991–2024 (median 1997) |
| Typical living area | 3,094 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Golf, Pool, Tennis Court(s), Gated, Short Term Rental - Not Allowed, Pets Allowed |
| For sale right now | 5 active, 1 pending · median asking $1,100,000 · 6.0 months of supply |
| Owner-occupied (homestead) share | 76% |
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, “EMERALD BAY key facts,” movewithmomentum.com/neighborhoods/emerald-bay, data as of September 20, 2026.
Last 30 days in Emerald Bay: 1 new listing (median asking $700,000), 1 under contract right now, 1 closed sale (median $985,000). 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.
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 · 173 daysTop listing
Active · 460 days
Active · 59 days
Active · 275 days
Active · 246 daysActive · 4 days
Pending · 110 daysActive and pending Emerald Bay listings as of 2026-09-28, 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 (7)
All 7 active and pending Emerald Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 674 Emerald Bay Drive · $700,000 · 3 bd / 3 ba · listed Sep 24, 2026 · listed by EXP Realty LLC
- 25 Garnet Place · $1,090,000 · 4 bd / 3.5 ba · listed Jul 31, 2026 · listed by Scenic Sotheby's International Realty
- 1007 Emerald Bay Drive · $1,425,000 · 5 bd / 4 ba · listed Jun 30, 2026 · listed by Compass
- 927 Emerald Bay Drive · $724,000 · 3 bd / 2 ba · listed Jun 30, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 66 Garnet Place · $990,000 · 3 bd / 3 ba · listed Jun 30, 2026 · listed by HomeSmart
- 96 Garnet Place · $1,280,000 · 4 bd / 4 ba · listed Jun 30, 2026 · listed by The Premier Property Group
- 120 Garnet Place · $1,250,000 · 3 bd / 3.5 ba · pending · listed Jun 30, 2026 · listed by Scenic Real Estate
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.
Emerald Bay right now
🟡 Balanced market. 6.0 months of supply and 17% 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 20, 2026. Confidence: Medium (6 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 29, 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.
Emerald Coast MLS sales records identify 64 homes in EMERALD BAY that have changed hands since 2001, built between 1993 and 2026 (median 1998), with a median living area of about 2,600 sq ft and a typical 3-bedroom, 3-bath layout; 100% 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.
County records show 11 qualified sales in EMERALD BAY across 2024–2025 (5 in 2024, 6 in 2025), median $799,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 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.
In ZIP 32541, 720 homes are on the market and 13% are under contract — a slower corner of Destin.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32541 (Destin), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
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, tiles © CARTO.
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.
Shop the zone: Homes zoned for Destin High School
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.
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 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. 2 on record.
- 4250 Emerald Bay Drive · off market
- 943 Emerald Bay Drive · off market
EMERALD BAY Market Scorecard
EMERALD BAY is currently a buyer's market. About 8.0 months of supply, a median asking price of $1,040,000, and homes go under contract in about 210 days.
Typical home value in the 32541 ZIP is $614,544, about 33.3% 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.
Frequently Asked Questions
Is Emerald Bay a buyer's or seller's market right now?
How many homes are in Emerald Bay?
What share of Emerald Bay is owner-occupied?
When were the homes in Emerald Bay built?
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?
Where is Emerald Bay, and what county is it in?
Should you buy in Emerald Bay?
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 28, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32541)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (25 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how EMERALD BAY fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Emerald Bay with Momentum Realty’s local guides.