Aerial view of Grove by the Sea 1st

Grove by the Sea 1st
Homes for Sale in Santa Rosa Beach, FL

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

Built fromLive Emerald Coast MLS data21 years of closingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Grove by the Sea 1st Addn is a small enclave of 99 homes near Santa Rosa Beach, and price here is driven far more by condition and finish than by any single formula. With a build range spanning 1988 to 2024 and a median year built of 2000, you are looking at a mix of older stock and newer construction side by side, so two homes of similar size can price very differently depending on updates. FACTS does not give me a price range, so I will not invent one — what I can tell you is that the spread is condition-driven, and the median living area of roughly 2,341 square feet gives you a useful anchor for comparing like to like.

With no closings in the current window, this is a market you read carefully rather than one you extrapolate from recent trades. A homestead share of about 20% tells you the majority of these homes are not primary residences, which typically means a slice of second-home and investment ownership. For a seller, that means pricing and presentation carry more weight than momentum. For a buyer, it means patience and comparable-hunting matter more than reacting to a hot streak.

The 60-Second Overview

A compact 99-home community near Santa Rosa Beach in Walton County, where a wide build range and a roughly 20% homestead share shape a market that leans toward second-home and coastal-oriented ownership rather than a dense primary-residence core.

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.

Best for

  • Buyers seeking a second home or coastal getaway near Santa Rosa Beach who value location over shared amenities
  • Buyers who want genuine square footage and are comfortable comparing homes across a wide age range
  • Investors comfortable in a community where most homes are non-homesteaded

Probably not for

  • Buyers who need an amenity-rich or gated community, since none are identified from current listings
  • Buyers who want to lean on recent sale trends, since there are no closings in the current window
  • Buyers seeking a compact, low-maintenance cottage rather than a full-size home near the 2,341 sq ft median

The market around Grove by the Sea 1st

Grove by the Sea 1st is too small for its own price trend, so here is the market around it.

In ZIP 32459, 1,295 homes are on the market and 20% are under contract — a steady corner of Santa Rosa Beach.

Across Walton County, 3,587 homes are active and 907 pending (20% under contract).

ZIP and county figures describe the wider market, not Grove by the Sea 1st specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in GROVE BY THE SEA 1ST ADDN, Santa Rosa Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 15 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-11)

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.

If we were buying in Grove by the Sea 1st 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 Grove by the Sea 1st.

Best Buy
Buyers who want a coastal-area house near Santa Rosa Beach and are comfortable evaluating homes on condition rather than a formula.
Biggest Risk
With no recent closings, current pricing signals are limited and demand careful comping.
Sweet Spot
A well-updated home near the roughly 2,341 sq ft median, priced against genuine comparables.
Avoid If
You need community amenities or a gated, facility-driven setting — none are identified here.

A small enclave with a wide build range

The defining feature here is variety within a small footprint. Homes date from 1988 through 2024, with a median year built of 2000, so you will find both original-era construction and recent builds within the same 99-home community. That range is the single most important thing to understand before you make an offer, because it means comps require real attention to age and condition rather than blanket assumptions.

At a median of about 2,341 square feet of living space, the housing stock skews toward genuine houses rather than compact cottages. No community amenities were identified from current MLS listings, so the value proposition rests on the homes themselves and the Santa Rosa Beach location — not on shared facilities. Buyers who want an amenity-rich, gated experience should calibrate expectations accordingly.

The location and the amenities are priced into every listing in Grove by the Sea 1st. 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 99-home community with no closings in the current window, the numbers alone will not tell you what a home is worth — condition, finish level, and a careful read of the wide build range do. We walk the stock, weigh age against updates, and price against genuinely comparable homes rather than headline stats, which matters most in a market this thin on recent trades.

Grove by the Sea 1st in 15 seconds.

Best forBuyers who want a coastal-area house near Santa Rosa Beach and are comfortable evaluating homes on condition rather than a formula.
Biggest advantageA wide build range means real choice between older stock and newer construction within one small community.
Biggest riskWith no recent closings, current pricing signals are limited and demand careful comping.
Sweet spotA well-updated home near the roughly 2,341 sq ft median, priced against genuine comparables.
Avoid ifYou need community amenities or a gated, facility-driven setting — none are identified here.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Grove by the Sea 1st sales matched to your home.

What is your Grove by the Sea 1st home worth?

Get a no-obligation home value based on real comparable sales in Grove by the Sea 1st, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.
Buyers seeking a second home or coastal getaway near Santa Rosa Beach who value location over shared amenitiesExcellent fit
Buyers who want genuine square footage and are comfortable comparing homes across a wide age rangeExcellent fit
Investors comfortable in a community where most homes are non-homesteadedExcellent fit
Buyers who need an amenity-rich or gated community, since none are identified from current listingsProbably not
Buyers who want to lean on recent sale trends, since there are no closings in the current windowProbably not
Buyers seeking a compact, low-maintenance cottage rather than a full-size home near the 2,341 sq ft medianProbably not

Data sources & freshness

Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2005 (12 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. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in GROVE BY THE SEA 1ST ADDN? 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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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.

$3,729/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.