Four Mile Village
Homes for Sale in Santa Rosa Beach, FL

Four Mile Village is a compact, large-home pocket near Santa Rosa Beach where roughly a third of homes carry a homestead exemption — the balance skews toward second homes and non-primary ownership. There are no shared community amenities identified in current MLS listings, so the appeal is the house and the location, not the association.

Emerald Coast MLS sales records identify 11 homes in FOUR MILE VILLAGE that have changed hands since 2011, built between 1960 and 2025 (median 1986), with a median living area of about 2,838 sq ft and a typical 4-bedroom, 3-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.

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

In ZIP 32459, 952 homes are on the market and 16% are under contract — a slower corner of Santa Rosa Beach.

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

In ZIP 32459 (Santa Rosa Beach), 195 homes closed in the last 12 months at a median of $837K, with a median 69 days on market. Right now 159 active and 24 pending listings put supply at about 9.8 months — a soft market. See the live ZIP 32459 housing market and the Walton County market.

ZIP and county figures describe the wider market, not Four Mile 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 Four Mile 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 Four Mile Village address.

The defining number here is 23 homes. That scale means inventory arrives one door at a time, and the character of the community is set by individual properties rather than a uniform product. With a median living area close to 4,900 square feet and a build range from 1959 through 2024, you are choosing between older coastal originals and newer construction — condition, renovation level, and vintage will drive value far more than any per-square-foot rule of thumb.

Homestead share sits around 36 percent, which tells you a meaningful slice of these homes are held as something other than a primary residence. For a buyer, that shapes how you underwrite carrying costs and how you think about resale timing. For a seller, it means your buyer pool likely includes those weighing this against other coastal options, so presentation and the specific merits of the home matter.

In a 23-home enclave with one active listing and only a couple of recent closings, there is no volume to hide behind — you need someone who reads the individual property and the nearest coastal comps honestly. We will tell you when the price on a given house is defensible and when it is aspirational, and we will not pretend thin data is more than it is.