Island Green in Miramar Beach

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

Community in Miramar Beach · Walton County · ZIP 32550
50 homesBuilt 1994–2023
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data23 years of closingsFL DOR public recordsUpdated twice daily

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).

ISLAND GREEN key facts
LocationMiramar Beach, Walton County, FL · ZIP 32550
Homes in the community50 (FL DOR 2025 assessment roll)
Years built1994–2023 (median 2004.0)
Typical living area4,290 sq ft (median)
Home types (current listings and sales)detached single family 100%
Amenities listed by sellersBeach, Dock, Fishing, Gated, Golf, Marina
For sale right now4 active, 0 pending · median asking $2,694,500 · 48.0 months of supply
Owner-occupied (homestead) share67%

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.

Live · Island Green Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
48.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Walton: 18% (698 of 3,872)
4 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · Island Green
35 of 52 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Island Green
incl. 17% trust or LLC-held · 25% out-of-state
50
Homes in the community
plus 2 vacant residential lots · 52 residential parcels (FL DOR 2025)
Track record · 23 years of records
5
Recorded sales · 2024-2025
median $1.80M · qualified sales on the county roll (FL DOR 2025)
Est. 1994
Community established
homes built 1994-2023, median 2004 (FL DOR 2025)
2.0%/yr
Turnover rate
about 1 of 50 homes trade a year

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 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
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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 Housing Pulse · Momentum Research · as of September 20, 2026

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.

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.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-24)

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.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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.

If we were buying in Island Green 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

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.

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 Island Green.

Best Buy
Buyers who want a Miramar Beach address in a small, low-volume enclave.
Biggest Risk
Few comparables make valuation harder and demand careful judgment.
Sweet Spot
A well-prepared home priced honestly against limited local data.
Avoid If
You need amenities or a deep pool of listings to choose from.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a Miramar Beach address in a small, low-volume enclave.
Biggest advantageThin inventory means less noise and a clear, property-specific decision.
Biggest riskFew comparables make valuation harder and demand careful judgment.
Sweet spotA well-prepared home priced honestly against limited local data.
Avoid ifYou need amenities or a deep pool of listings to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Island Green homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Island Green.
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 Island Green sales matched to your home.

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 →

Real comps, not an automated estimate.
How much local inventory is already under contract

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?
As of September 20, 2026, Island Green leans toward buyers: 48.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Island Green?
The Florida DOR 2025 assessment roll shows 50 homes plus 2 vacant residential lots in Island Green (public records).
What share of Island Green is owner-occupied?
67% of Island Green parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Island Green built?
Homes in Island Green were built between 1994 and 2023, with a median year built of 2004.0 (FL DOR 2025 roll).
Who is the best real estate agent for Island Green?
The best agent for Island Green is one who actively works Miramar 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 Island Green.
How do I find a top Miramar Beach real estate agent who knows Island Green?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Island Green and the wider Miramar Beach area.
Can Momentum Realty connect me with an agent for Island Green?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Green purchase or sale - no call center and no pressure.
Where is Island Green, and what county is it in?
Island Green is in Miramar Beach, Walton County, FL, ZIP 32550. The community's center is about 6 miles west of the center of Miramar Beach (straight-line).
Buyers focused on a specific Miramar Beach location who are comfortable acting when the right home appearsExcellent fit
Purchasers who value a home's own condition and finishes over shared community facilitiesExcellent fit
Sellers willing to prepare and price with discipline in a low-comparable marketExcellent fit
Buyers who want an amenity-rich community with shared facilitiesProbably not
Shoppers who need a wide selection of active listings to compareProbably not
Anyone wanting an established, high-volume sales trend to validate a priceProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32550))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-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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Nearby Communities

Explore more neighborhoods near Island Green with Momentum Realty’s local guides.

Genoa0.3 mi away · median $1.76M, 8 sales/12 moBaytowne Ave East0.3 mi away · median $1.83M, 10 sales/12 moLaurel Grove0.3 mi away · median $940K, 10 sales/12 moVineyard At Raven Oaks0.3 mi away · 34 homes, built 2002–04Sandhill Pines0.4 mi away · median $325K, 3 sales/12 moCrystal Lake0.4 mi away · median $937K, 4 sales/12 moCrystal Lake Ii At Sandestin0.4 mi away · 71 homes, built 2000–05, 2 for saleBungalos At Sandestin0.4 mi away · median $800K, 7 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in ISLAND GREEN? 1 recorded closings (window ending 2026-09-20). 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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