Island Green
Homes for Sale in Miramar Beach, FL
All 677 homes for sale in Miramar Beach, FL · median $652,500 · 516 homes for sale in 32550 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Island Green in Miramar Beach, FL has 4 homes for sale, asking from $2,050,000 to $3,200,000 (median $2,644,500). Homes listed or recently sold were built 1997–2013; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 11 ft).
| Location | Miramar Beach, Walton County, FL · ZIP 32550 |
|---|---|
| Homes in the community | 50 (FL DOR 2025 assessment roll) |
| Years built | 1994–2023 (median 2004.0) |
| Typical living area | 4,290 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Beach, Dock, Fishing, Gated, Golf, Marina |
| For sale right now | 4 active, 0 pending · median asking $2,694,500 · 48.0 months of supply |
| Owner-occupied (homestead) share | 67% |
Data as of September 20, 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, “ISLAND GREEN key facts,” movewithmomentum.com/neighborhoods/island-green, data as of September 20, 2026.
Homes For Sale Right Now in Island Green
Live MLS inventory for Island Green. 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 · 140 daysTop listing
Active · 162 days
Active · 28 days
Active · 89 daysActive and pending Island Green listings as of 2026-09-26, 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 Island Green Right Now (4)
All 4 active and pending Island Green listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1533 W Island Green Lane · $2,590,000 · 5 bd / 5 ba · listed Aug 27, 2026 · listed by Christies International Real Estate Emerald Coast
- 1525 Island Green Drive · $2,050,000 · 3 bd / 3.5 ba · listed Jun 27, 2026 · listed by Compass
- 1536 W Island Green Lane · $3,200,000 · 5 bd / 4.5 ba · listed Jun 27, 2026 · listed by Scenic Sotheby's International Realty
- 1530 W Island Green Lane · $2,699,000 · 3 bd / 3.5 ba · listed Jun 27, 2026 · listed by Mainsail Realty Company

Island Green is a small, thin-inventory pocket in Miramar Beach, and that scale is the story. With just three active listings and only a couple of recent closings, there is no deep dataset to lean on here — price is set property by property, driven mostly by condition, finishes, and exactly where a unit sits, not by any broad market trend you can chart.
For a buyer, that means the right home matters more than the right timing; when a well-kept listing appears, you act on it rather than wait for a comparable to confirm the number. For a seller, thin comparables cut both ways — a clean, correctly prepared home has room to lead the market, but a mispriced one has little supporting sales activity to catch it. Preparation and pricing discipline carry the outcome.
Island Green right now
🟢 Buyer-leaning market. 48.0 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 September 20, 2026. Confidence: Low (4 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 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
Island Green is a compact enclave in the Miramar Beach area of Walton County, where a handful of active listings and light closing activity make it a quiet, low-volume market rather than a high-turnover one.
Emerald Coast MLS sales records identify 32 homes in ISLAND GREEN that have changed hands since 2003, built between 1994 and 2020 (median 2002), with a median living area of about 3,596 sq ft and a typical 4-bedroom, 3.5-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.
County records show 5 qualified sales in ISLAND GREEN across 2024–2025 (4 in 2024, 1 in 2025), median $1.80M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Island Green. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Island Green; content deemed reliable but not guaranteed.
Who Island Green is best for.
Best for
- Buyers focused on a specific Miramar Beach location who are comfortable acting when the right home appears
- Purchasers who value a home's own condition and finishes over shared community facilities
- Sellers willing to prepare and price with discipline in a low-comparable market
Probably not for
- Buyers who want an amenity-rich community with shared facilities
- Shoppers who need a wide selection of active listings to compare
- Anyone wanting an established, high-volume sales trend to validate a price
The market around Island Green
Island Green is too small for its own price trend, so here is the market around it.
In ZIP 32550, 802 homes are on the market and 9% are under contract — a slower corner of Miramar Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
In ZIP 32550 (Miramar Beach), 530 homes closed in the last 12 months at a median of $729K, up 3.7% year over year, with a median 99 days on market. Right now 355 active and 39 pending listings put supply at about 9.8 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.
ZIP and county figures describe the wider market, not Island Green specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in ISLAND GREEN, Miramar 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.
Island Green 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, tiles © CARTO.
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 Island Green 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 Island Green address.
Shop the zone: Homes zoned for South Walton High School
The Island Green buying strategy.
If we were buying in Island Green 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 Island Green.
A small-sample market
With only three homes currently active and a short closings window behind them, Island Green trades on individual properties more than on aggregate statistics. There is no meaningful average to smooth over the differences between one listing and the next, so condition and specifics do the heavy lifting on value.
No community amenities were identified from the current MLS listings, so the case for Island Green rests on the homes themselves and the broader Miramar Beach location rather than on shared facilities. Buyers should evaluate each property on its own merits and lean on nearby-area context to understand what they are paying for.
The location and the amenities are priced into every listing in Island Green. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this small, generic pricing models fall apart — a few listings and a few closings cannot tell you what a specific home is worth. We work Island Green property by property, reading condition and location against the limited comparables that exist, so buyers do not overpay in a low-data pocket and sellers price with discipline instead of guesswork.
Island Green in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Island Green 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 Island Green sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Island Green, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Island Green home worth?
Get a no-obligation home value based on real comparable sales in Island Green, 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 Miramar Beach →
10% of homes for sale in ZIP 32550 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-25).
Frequently Asked Questions
Is Island Green a buyer's or seller's market right now?
How many homes are in Island Green?
What share of Island Green is owner-occupied?
When were the homes in Island Green built?
Who is the best real estate agent for Island Green?
How do I find a top Miramar Beach real estate agent who knows Island Green?
Can Momentum Realty connect me with an agent for Island Green?
Where is Island Green, and what county is it in?
Should you buy in Island Green?
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2003 (40 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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how ISLAND GREEN fits the bigger picture — live prices, inventory, and Momentum Scores:
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