Emerald Waters Village
Homes for Sale in Miramar Beach, FL

A compact enclave near the beach in Miramar Beach, Walton County, with a modest number of homes and a limited amount ever on the market at once. The low homestead share points to a market weighted toward second homes and rentals.

Emerald Coast MLS sales records identify 55 homes in EMERALD WATERS VILLAGE that have changed hands since 2001, built between 1999 and 2026 (median 2005), with a median living area of about 2,490 sq ft and a typical 4-bedroom, 3.5-bath layout; 98% 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 4 qualified sales in EMERALD WATERS VILLAGE across 2024–2024, median $1.40M — 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.

Emerald Waters Village is too small for its own price trend, so here is the market around it.

In ZIP 32550, 728 homes are on the market and 10% are under contract — a slower corner of Miramar Beach.

Across Walton County, 2,879 homes are active and 587 pending (17% under contract).

In ZIP 32550 (Miramar Beach), 99 homes closed in the last 12 months at a median of $728K, with a median 97 days on market. Right now 110 active and 24 pending listings put supply at about 13.3 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.

ZIP and county figures describe the wider market, not Emerald Waters Village specifically. Momentum Research analysis of MLS records.

• Van R Butler · Elementary
• Emerald Coast · Middle
• South Walton · High

Zoned schools reflect the assignments reported on recent Emerald Waters Village 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 Waters Village address.

With just 68 homes total and seven currently active, inventory is thin, but demand is not urgent either — a median 113 days on market is a long runway. That combination rewards buyers who are willing to wait for the right home and negotiate on it, rather than those who need to transact quickly. Because the homes were built across a wide window from 1999 to 2022, two listings at similar square footage can justify very different prices based purely on age and updates.

The median living area of about 2,700 square feet reflects substantial single-family homes rather than compact coastal cottages. No community amenities were identified from current MLS listings, so the value proposition rests on the homes themselves and the Miramar Beach location — not on shared facilities. Buyers who prioritize amenity packages should factor that in.

In a market this small and this slow to turn, pricing and timing are everything. We read each listing against its age and condition rather than a blanket per-foot number, and we know how to structure offers when a home has already been sitting past the median 113 days. For sellers, we price to condition and set realistic expectations on time on market.