Forest Cove
Homes for Sale in Mary Esther, FL
All 64 homes for sale in Mary Esther, FL · median $324,900 · 66 homes for sale in 32569 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 1 closed sale in Forest Cove in Mary Esther, FL, the most recent in August 2026. Across Mary Esther as a whole, 253 homes closed in the last 12 months at a median of $325,000, 106 median days on market, with 67 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,190 ($3,680 with the full homestead exemption).
Forest Cove currently shows no active listings and no recent closings in the MLS, so there is no live price signal to anchor to. That is not a verdict on the community — it is a data gap. In a market this thin, what sets price is the individual home: its condition, updates, and how it stacks against comparable Mary Esther inventory, not any community-wide number we can point to.
For a buyer, this means patience and off-market legwork. For a seller, it means you may be one of the only games in the neighborhood when you list, which cuts both ways: less direct competition, but also fewer recent comps to defend your number. Pricing here will be built from adjacent sales and honest condition assessment rather than a Forest Cove trend line.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside FOREST COVE right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Forest Cove is a small residential pocket in Mary Esther, in Okaloosa County, that is quiet on the MLS right now — no active listings and no recent closings on record. Treat it as a place you have to work to buy into rather than one you shop off a list.
Emerald Coast MLS sales records identify 24 homes in FOREST Cove that have changed hands since 2001, built between 1992 and 2017 (median 1993), with a median living area of about 1,980 sq ft and a typical 4-bedroom, 2.5-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.
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.
Who Forest Cove is best for.
Best for
- Buyers committed to this Mary Esther pocket who can stay ready and act when a home surfaces
- Sellers who want to list into a low-competition micro-market and are open to comp-based pricing from nearby sales
- Patient buyers comfortable pursuing pre-market and off-market opportunities
Probably not for
- Buyers on a tight timeline who need homes actively for sale today
- Anyone who wants amenity-driven community features like a pool or clubhouse
- Buyers who need a clear community price trend before committing
The market around Forest Cove
Forest Cove is too small for its own price trend, so here is the market around it.
In ZIP 32569, 84 homes are on the market and 18% are under contract — a slower corner of Mary Esther.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32569 (Mary Esther), 64 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 68 days on market. Right now 41 active and 12 pending listings put supply at about 7.7 months — a buyer's market. See the live ZIP 32569 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Forest Cove specifically. Momentum Research analysis of MLS records.
The Forest Cove buying strategy.
If we were buying in Forest Cove 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 Forest Cove.
A thin-data pocket in Mary Esther
With no current listings and no identified community amenities in the MLS, Forest Cove reads as a straightforward residential neighborhood rather than an amenitized subdivision. There is no clubhouse, pool, or gate driving value or dues here that the data shows — value lives in the houses and the location within Mary Esther and Okaloosa County.
Because inventory is effectively absent, the practical path is comp-driven and often relationship-driven. We watch adjacent streets and similar Mary Esther product for signals, and we prepare to move when something does list, since a single sale can reset expectations quickly in a market this small.
The location and the amenities are priced into every listing in Forest Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood with no active listings and no recent closings, generic search tools give you nothing. Our value is doing the manual work: tracking comparable Mary Esther sales, watching for pre-market and coming-soon activity, and building a defensible number from condition and location when the community trend line simply is not there.
Forest Cove in 15 seconds.
Tools for a Forest Cove 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 Forest Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Forest Cove home worth?
Get a no-obligation home value based on real comparable sales in Forest Cove, 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 Mary Esther →
Recently off market in FOREST COVE
Homes in FOREST COVE 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.
- 433 Forest Glen Place · off market
| Location | Mary Esther, Okaloosa County, FL · ZIP 32569 |
|---|---|
| Homes in the community | 18 (FL DOR 2025 assessment roll) |
| Years built | 1992–2003 (median 1992.0) |
| Typical living area | 2,211 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| 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, “Forest Cove key facts,” movewithmomentum.com/neighborhoods/forest-cove--okaloosa, data as of November 9, 2026.
Housing distress & ownership in FOREST COVE, Mary Esther
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.
More Mary Esther home searches
- All homes for sale in Mary Esther, FL
- Homes for sale in Okaloosa County, FL
- Mary Esther home values: what is my house worth?
- ZIP 32569 housing scorecard
- 8 coming-soon communities in Okaloosa County
Mary Esther guides & data
- Market data
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- Home builders (Okaloosa County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Email me new listings in Forest Cove
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Forest Cove
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Forest Cove will answer, and the answer is published on this page for the next buyer.
Recent Developments in Forest Cove Okaloosa
Development, infrastructure, retail, and school activity affecting Forest Cove Okaloosa, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 5 miles east of Forest Cove Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Infrastructure
Okaloosa outlines Gap Creek drainage projects and permitting hurdles in Fort Walton Beach
County staff described five stormwater efforts, including the Overbrook drainage work, a planned 2.67-acre Sylvania Heights stormwater park estimated at $4 million, and Lloyd Street and Mayflower Avenue improvements expected to go to bid in early 2027. Air Force environmental review and state and Army Corps permits for dredging complicate the timeline.
What it may mean for the marketPlanned drainage upgrades could reduce flooding exposure in the Gap Creek basin over time, though permitting delays mean relief is likely several years out. The project is about 6 miles west of Forest Cove Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The project is about 7 miles west of Forest Cove Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 6 miles west of Forest Cove Okaloosa, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The site is about 2 miles south of Forest Cove Okaloosa.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 7 miles north of Forest Cove Okaloosa.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in Forest Cove?
What share of Forest Cove is owner-occupied?
When were the homes in Forest Cove built?
Who is the best real estate agent for Forest Cove?
How do I find a top Mary Esther real estate agent who knows Forest Cove?
Can Momentum Realty connect me with an agent for Forest Cove?
Where is Forest Cove, and what county is it in?
Should you buy in Forest Cove?
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 (1 streets, ZIP 32569)) |
| 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.
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. A Momentum agent can 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 FOREST COVE fits the bigger picture — live prices, inventory, and Momentum Scores: