Emerald Shores
Homes for Sale in Miramar Beach, FL
All 674 homes for sale in Miramar Beach, FL · median $650,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Emerald Shores in Miramar Beach, FL has 4 homes for sale, asking from $649,000 to $848,000 (median $724,450). Homes listed or recently sold were built 1993–2023; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft).
| Location | Miramar Beach, Walton County, FL · ZIP 32439, 32541, 32550 |
|---|---|
| Homes in the community | 88 (FL DOR 2025 assessment roll) |
| Years built | 1986–2023 (median 1996) |
| Typical living area | 1,992 sq ft (median) |
| Amenities listed by sellers | Pavillion/Gazebo, Beach, Deed Access, Gated, Pets Allowed, Pool |
| For sale right now | 4 active, 0 pending · median asking $724,450 |
| Owner-occupied (homestead) share | 28% |
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 SHORES key facts,” movewithmomentum.com/neighborhoods/emerald-shores--walton, data as of September 20, 2026.
Homes For Sale Right Now in Emerald Shores
Live MLS inventory for Emerald Shores. 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 · 81 daysTop listing
Active · 32 days
Active · 147 days
Active · 163 daysActive and pending Emerald Shores listings as of 2026-07-25, 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 Shores Walton Right Now (4)
All 4 active and pending Emerald Shores Walton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 34 Opal Cove · $848,000 · 3 bd / 3 ba · listed Jun 30, 2026 · listed by Mainsail Realty Company
- 21 Garnet Cove · $799,900 · 3 bd / 2 ba · listed Jun 30, 2026 · listed by Coldwell Banker Realty
- 192 Bayou Circle · $649,000 · 4 bd / 3 ba · listed Jun 30, 2026 · listed by Sanders Beach Realty LLC
- 236 Bayou Circle · $649,000 · 3 bd / 2.5 ba · listed Jun 30, 2026 · listed by Destin Real Estate Group of NWF LLC
Emerald Shores is a small, established pocket in Freeport where the housing stock spans nearly four decades, from 1986 through 2023, with the middle of the market built around 1996. That age spread is the story: with no median price to anchor to here beyond the physical inventory, condition and updates will do the heavy lifting on value. A renovated 1990s home and a tired one of the same vintage are not the same trade, and buyers should underwrite each on its own merits rather than a neighborhood average.
With only 4 active listings against 88 homes, this is a thin market that moves on individual sellers rather than trends. The homestead share sits at 27.5%, meaning a meaningful portion of these homes are held as second homes or rentals — that can add churn to what turns over. Sellers benefit from limited competition; buyers should be patient and ready to move when the right specific home lists, because comparable inventory is scarce.
The 60-Second Overview
Emerald Shores is a compact Freeport community of 88 homes with a median living area just under 2,000 square feet, offering mid-1990s-era construction alongside newer builds up to 2023.
Emerald Coast MLS sales records identify 19 homes in EMERALD SHORES that have changed hands since 2003, built between 1988 and 2025 (median 2001), with a median living area of about 1,764 sq ft and a typical 3-bedroom, 2-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 7 qualified sales in EMERALD SHORES across 2024–2025 (2 in 2024, 5 in 2025), median $697,500 — 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 Shores. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Emerald ShoresEmerald ShoresEmerald ShoresEmerald ShoresPhotos from Emerald Coast MLS listings in Emerald Shores; content deemed reliable but not guaranteed.
Who Emerald Shores is best for.
Best for
- Buyers comfortable evaluating a home on its own condition and updates rather than a neighborhood average
- Those seeking a practical single-family footprint around 2,000 square feet in Walton County
- Investors or second-home buyers who can act quickly when limited inventory turns over
Probably not for
- Buyers who require community amenities like a pool or clubhouse
- Anyone wanting a broad selection of active listings to compare at once
- Buyers unwilling to budget for potential system and roof updates on older stock
The market around Emerald Shores
Emerald Shores is too small for its own price trend, so here is the market around it.
In ZIP 32439, 535 homes are on the market and 26% are under contract — a steady corner of Miramar Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
In ZIP 32439 (Miramar Beach), 679 homes closed in the last 12 months at a median of $385K, down 3.3% year over year, with a median 70 days on market. Right now 301 active and 108 pending listings put supply at about 5.5 months — a buyer's market. See the live ZIP 32439 housing market and the Walton County market.
ZIP and county figures describe the wider market, not Emerald Shores specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in EMERALD SHORES, Miramar 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.
Emerald Shores 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
- Freeport · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Emerald Shores 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 Emerald Shores address.
Shop the zone: Homes zoned for Freeport High School · Homes zoned for South Walton High School
The Emerald Shores buying strategy.
If we were buying in Emerald Shores 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 Shores.
A condition-driven resale market
The defining feature here is age variance. Homes range from 1986 to 2023, with the median built in 1996. That means roofs, HVAC systems, and finishes vary widely from one address to the next, and inspection findings will matter more than any headline figure. A median footprint of roughly 1,992 square feet keeps most homes in a practical, single-family size band rather than either extreme.
No community amenities were identified from current MLS listings, so this is not an amenity-driven purchase — you are buying the house and the Freeport, Walton County location, not a clubhouse or shared package. With just over a quarter of homes homesteaded, the mix leans toward some investment and second-home ownership, which is worth factoring into how quickly the right listing appears.
The location and the amenities are priced into every listing in Emerald Shores. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin market like this — 4 active listings across 88 homes — the difference is knowing each home's real condition and history, not just its listing photos. We underwrite these properties individually, flag the deferred-maintenance risk that a wide 1986-to-2023 build range creates, and help sellers position against scarce competition without overreaching on price.
Emerald Shores 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 Shores 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 Shores sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Emerald Shores, 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 Shores home worth?
Get a no-obligation home value based on real comparable sales in Emerald Shores, 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 Miramar Beach →
10% of homes for sale in ZIP 32550 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 (2026-09-24).
Frequently Asked Questions
How many homes are in Emerald Shores?
What share of Emerald Shores is owner-occupied?
When were the homes in Emerald Shores built?
Who is the best real estate agent for Emerald Shores?
How do I find a top Miramar Beach real estate agent who knows Emerald Shores?
Can Momentum Realty connect me with an agent for Emerald Shores?
Where is Emerald Shores, and what county is it in?
Should you buy in Emerald Shores?
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: July 25, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32439/32541/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2003 (24 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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how EMERALD SHORES fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Emerald Shores with Momentum Realty’s local guides.