FOREST LAKES PH II
Homes for Sale in Santa Rosa Beach, FL

Community in Santa Rosa Beach · Walton County · ZIP 32459
67 homesBuilt 2006–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive emeraldcoast data13 years of closingsFL DOR public recordsUpdated twice daily
Live · FOREST LAKES PH II Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
43%
Owner-occupied · FOREST LAKES PH II
30 of 70 parcels homesteaded (FL DOR 2025)
57%
Non-owner-occupied · FOREST LAKES PH II
incl. 17% trust or LLC-held · 43% out-of-state
0%
Cash buyers · FOREST LAKES PH II
0 of 3 sales, 12 mo ending July 2023
67
Homes in the community
plus 3 vacant residential lots · 70 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 2006
Community established
homes built 2006-2024, median 2015 (FL DOR 2025)
1.5%/yr
Turnover rate
about 1 of 67 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Forest Lakes Ph II is a newer-construction pocket in Santa Rosa Beach, with 67 homes built between 2006 and 2024 and a median build year of 2015. The median living area sits at roughly 2,760 square feet, so what sets pricing here is size and condition more than any single spec. With no community amenities identified from current MLS listings, you are paying for the house and the location, not for shared facilities.

With homestead status on about 43% of homes, this is a mixed-use pocket where roughly a majority are held as second homes or rentals. That matters on both sides of a deal: sellers should expect buyers to scrutinize finish and condition closely, and buyers should underwrite carrying costs without assuming a homestead tax posture. Price spread here tends to track condition and square footage, so comparables need to be read carefully rather than averaged.

Best for

  • Buyers wanting a larger, newer home and willing to price on condition
  • Second-home or rental buyers underwriting carrying costs without a homestead assumption
  • Buyers who value location over shared facilities

Probably not for

  • Buyers who want pools, clubhouses, or other community amenities
  • Buyers seeking a starter-size footprint
  • Buyers unwilling to inspect closely and vet condition home by home

If we were buying in FOREST LAKES PH II today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 LAKES PH II.

Best Buy
Buyers who want a full-size, newer Santa Rosa Beach home without paying for community amenities.
Biggest Risk
Wide build years mean condition varies sharply from home to home.
Sweet Spot
An updated home near the median size priced against honest comparables.
Avoid If
You need shared amenities or an amenity-rich community feel.

A condition-driven resale market

With a build range spanning 2006 to 2024, you will find homes across nearly two decades of construction standards in a single subdivision. That means two houses of similar size can price very differently depending on updates, wear, and how they have been used. The median living area near 2,760 square feet points to a market of full-size homes rather than starter footprints.

The near-even split between homestead and non-homestead ownership shapes turnover and pricing. A meaningful share of these homes function as second residences or rentals, which can keep inventory more active than a fully owner-occupied street. For buyers, that argues for careful inspection and a close read of recent closings; for sellers, presentation and documented condition do a lot of the pricing work.

The location and the amenities are priced into every listing in FOREST LAKES PH II. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small subdivision with wide build years and a mixed ownership profile, comparable selection is everything. We read Forest Lakes Ph II closing by closing, weigh condition against square footage, and tell you plainly where a specific home lands relative to the median rather than leaning on a headline number.

FOREST LAKES PH II in 15 seconds.

Best forBuyers who want a full-size, newer Santa Rosa Beach home without paying for community amenities.
Biggest advantageA relatively new housing stock with generous square footage inland of the beaches.
Biggest riskWide build years mean condition varies sharply from home to home.
Sweet spotAn updated home near the median size priced against honest comparables.
Avoid ifYou need shared amenities or an amenity-rich community feel.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FOREST LAKES PH II sales matched to your home.

What is your FOREST LAKES PH II home worth?

Get a no-obligation home value based on real comparable sales in FOREST LAKES PH II, 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 homes for sale in FOREST LAKES PH II on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,620/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Frequently Asked Questions

How many homes are in FOREST LAKES PH II?
The Florida DOR 2025 assessment roll shows 67 homes plus 3 vacant residential lots in FOREST LAKES PH II (public records).
What share of FOREST LAKES PH II is owner-occupied?
43% of FOREST LAKES PH II parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in FOREST LAKES PH II built?
Homes in FOREST LAKES PH II were built between 2006 and 2024, with a median year built of 2015 (FL DOR 2025 roll).
Do cash buyers compete in FOREST LAKES PH II?
Cash buyers took 0% of FOREST LAKES PH II sales in the 12 months ending July 2023 (0 of 3 closings, emeraldcoast).
Who is the best real estate agent for FOREST LAKES PH II?
The best agent for FOREST LAKES PH II is one who actively works Santa Rosa Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for FOREST LAKES PH II.
How do I find a top Santa Rosa Beach real estate agent who knows FOREST LAKES PH II?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows FOREST LAKES PH II and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for FOREST LAKES PH II?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FOREST LAKES PH II purchase or sale - no call center and no pressure.
Buyers wanting a larger, newer home and willing to price on conditionExcellent fit
Second-home or rental buyers underwriting carrying costs without a homestead assumptionExcellent fit
Buyers who value location over shared facilitiesExcellent fit
Buyers who want pools, clubhouses, or other community amenitiesProbably not
Buyers seeking a starter-size footprintProbably not
Buyers unwilling to inspect closely and vet condition home by homeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32459))
Historical depthClosed-sale records back to 2013 (10 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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Thinking of selling in FOREST LAKES PH II? 1 recorded closings (window ending 2026-07-25). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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