Gulf Trace
Homes for Sale in Santa Rosa Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Gulf Trace in Santa Rosa Beach, FL has 6 homes for sale, asking from $1,995,000 to $20,150,000 (median $6,637,500). Homes listed or recently sold were built 1981–2026 with 3 new construction; 6 of 8 report an HOA (median $83/mo); 3 of the 8 geocoded homes sit in a FEMA special flood hazard zone (median elevation 13 ft).
| Location | Santa Rosa Beach, Walton County, FL |
|---|---|
| Home types (current listings and sales) | detached single family 62%, townhouses 25%, duplex - all units 12% |
| Amenities listed by sellers | Beach, Short Term Rental - Allowed, Waterfront, Deed Access, Pets Allowed, Fishing |
| For sale right now | 6 active, 0 pending · median asking $6,637,500 · 36.0 months of supply |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Gulf Trace key facts,” movewithmomentum.com/neighborhoods/gulf-trace, data as of November 9, 2026.
Last 30 days in Gulf Trace: 1 new listing (median asking $1,995,000). 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.
Homes For Sale Right Now in Gulf Trace
Live MLS inventory for Gulf Trace. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 38 daysTop listing
Active · 38 days
Active · 122 days
Active · 37 days
Active · 36 daysActive · 13 daysActive and pending Gulf Trace listings as of 2026-11-09, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Gulf Trace Right Now (6)
All 6 active and pending Gulf Trace listings with a detail page, newest first, refreshed twice a day from the MLS.
- 34 Gulf Breeze Drive · $1,995,000 · 3 bd / 3 ba · listed Oct 27, 2026 · listed by Scenic Sotheby's International Realty
- 156 Savelle Drive · $2,100,000 · 4 bd / 4.5 ba · listed Oct 5, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 70 Gulf Ridge Drive · $3,300,000 · 4 bd / 3 ba · listed Oct 4, 2026 · listed by Watersound Real Estate
- 297 Gulf Shore Drive #B · $10,175,000 · 5 bd / 6.5 ba · listed Oct 3, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 297 Gulf Shore Drive · $20,150,000 · 10 bd / 13 ba · listed Oct 3, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 297 Gulf Shore Drive #A · $9,975,000 · 5 bd / 6.5 ba · listed Aug 11, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
Price in Gulf Trace is driven by the home itself, not by a formula. With a build range spanning from 1981 to 2024 and a median living area around 3,368 square feet, what you pay tracks condition, vintage, and how recently a property has been updated far more than any street-level pattern. There are no community amenities pulling values, so the house does the work.
The market posture here is thin. With just 2 active listings against 66 homes, inventory is scarce, which gives sellers leverage on the right property but leaves buyers little to compare. When something well-kept lists, it deserves a fast, serious look; when a dated home lists, expect its price to reflect the work it needs.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Gulf Trace right now
🟢 Buyer-leaning market. 36.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of November 9, 2026. Confidence: Medium (6 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 9, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Gulf Trace is a small, established pocket of Santa Rosa Beach in Walton County where larger homes and a wide age range make each listing its own negotiation rather than a comp-driven exercise.
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.
The setting & the homes.
Aerial and on-site photos of Gulf Trace. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Gulf Trace
Gulf TracePhotos from Emerald Coast MLS listings in Gulf Trace; content deemed reliable but not guaranteed.
Who Gulf Trace is best for.
Best for
- Second-home buyers comfortable with a larger footprint and a coastal-area location
- Buyers who can move quickly when scarce, well-kept inventory hits the market
- Renovation-minded buyers willing to price and take on an older home's work
Probably not for
- Buyers who need a wide selection to compare before committing
- Buyers seeking amenity-rich communities, since none are identified here
- Buyers wanting new-construction-only stock in a single, uniform vintage
The market around Gulf Trace
Gulf Trace is too small for its own price trend, so here is the market around it.
Across Walton County, 2,879 homes are active and 587 pending (17% under contract).
ZIP and county figures describe the wider market, not Gulf Trace specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in GULF TRACE, Santa Rosa Beach
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.
Gulf Trace on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Gulf Trace 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 Gulf Trace address.
The Gulf Trace buying strategy.
If we were buying in Gulf Trace 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Gulf Trace.
A condition-driven market with almost no supply
This is a compact community of 66 homes, and the build span from 1981 to 2024 tells the real story: you will find original-era houses sitting near newer construction. The median year built lands around 1992, so a meaningful share of the stock is old enough that renovation status matters. Two homes of the same footprint can price very differently based on updates alone.
The homestead share sits at roughly 17 percent, which points to a community weighted toward second-home and non-owner-occupied use — worth knowing if you want a primary residence surrounded by the same. With only 2 homes active at this snapshot, patience and readiness matter more than shopping a long list.
The location and the amenities are priced into every listing in Gulf Trace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the value is in reading each individual home correctly — its vintage, its condition, and what its price is really saying. We know this stretch of Santa Rosa Beach, and we will tell you plainly whether a given listing is priced for its work or priced for its finish.
Gulf Trace in 15 seconds.
Tools for a Gulf Trace 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 Gulf Trace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gulf Trace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gulf Trace home worth?
Get a no-obligation home value based on real comparable sales in Gulf Trace, 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 Santa Rosa Beach →
Recently off market in GULF TRACE
Homes in GULF TRACE 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.
- 278 Savelle Drive · off market
Frequently Asked Questions
Is Gulf Trace a buyer's or seller's market right now?
Who is the best real estate agent for Gulf Trace?
How do I find a top Santa Rosa Beach real estate agent who knows Gulf Trace?
Can Momentum Realty connect me with an agent for Gulf Trace?
Should you buy in Gulf Trace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Gulf Trace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 9, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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 →
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See how GULF TRACE fits the bigger picture — live prices, inventory, and Momentum Scores: