Emerald Shores
Homes for Sale in Miramar Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Emerald Shores in Miramar Beach, FL has 3 homes for sale. Homes listed or recently sold were built 1993–2023; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 20 ft).
| Location | Miramar Beach, Walton County, FL · ZIP 32439 |
|---|---|
| Homes in the community | 33 (FL DOR 2025 assessment roll) |
| Years built | 1986–2023 (median 2000) |
| Typical living area | 2,004 sq ft (median) |
| Amenities listed by sellers | Pavillion/Gazebo, Beach, Deed Access, Gated, Pets Allowed, Pool |
| For sale right now | 3 active, 0 pending · median asking $799,900 |
| Owner-occupied (homestead) share | 61% |
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; 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 November 9, 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 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 (3)
All 3 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 Aug 11, 2026 · listed by Mainsail Realty Company
- 21 Garnet Cove · $799,900 · 3 bd / 2 ba · listed Aug 11, 2026 · listed by Coldwell Banker Realty
- 192 Bayou Circle · $649,000 · 4 bd / 3 ba · listed Aug 11, 2026 · listed by Sanders Beach Realty 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.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
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
Photos 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, 448 homes are on the market and 25% are under contract — a steady corner of Miramar Beach.
Across Walton County, 2,879 homes are active and 587 pending (17% under contract).
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 contributors.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · 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.
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.
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 →
Recently off market in EMERALD SHORES
Homes in EMERALD SHORES 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. 1 on record.
- 236 Bayou Circle · off market
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?
Should you buy in Emerald Shores?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Emerald Shores with Momentum Realty’s local guides.
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 (1 streets, ZIP 32439)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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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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