KENNEDY LAKES 1ST ADDN
Homes for Sale in Crestview, FL
True comps, carrying-cost math, and listings before the portals.
Photo via emeraldcoast
Kennedy Lakes 1st Addn is an established Crestview pocket where the housing stock spans a long build window, from the mid-1950s through 2022, with the middle of that range landing in 1989. That spread is the story: what you pay here is driven far more by a specific home's age, condition, and updates than by any single neighborhood tier. The median sits at $380,000 for a home around 2,550 square feet, which is real living space, but two houses at that same number can be very different animals depending on how much work has been done.
The current posture is thin and slow. There are no active listings in the snapshot and only a handful of closings in the trailing window, so pricing signals are soft. The median days on market ran to 118 — well past four months — which tells sellers to price with discipline and expect patience, and tells buyers there's usually room to negotiate rather than a bidding-war rhythm. With homestead occupancy high, turnover is low; homes here tend to be lived in, not flipped.
The 60-Second Overview
KENNEDY LAKES 1ST ADDN market snapshot (as of July 25, 2026): the median sale price is about $380K, and a median 118 days on market for closed sales.
KENNEDY LAKES 1ST ADDN is a community of 138 homes in Crestview, Okaloosa County, built between 1955 and 2022 (median 1989.0), with a median living area of about 2,550 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A settled residential subdivision of about 138 homes in Crestview, Okaloosa County, defined by a wide range of build years and generously sized floor plans rather than by shared amenities.
Who KENNEDY LAKES 1ST ADDN is best for.
Best for
- Buyers targeting around $380,000 who want more square footage than a newer build usually delivers at that number
- Renovation-minded buyers comfortable pricing a home by its condition and updating on their own timeline
- Long-hold owner-occupants who value a settled, low-turnover street over resale churn
Probably not for
- Buyers who need to move quickly and want a deep pool of active listings to compare
- Amenity-seekers wanting a pool, gate, or shared facilities built into the community
- Investors chasing fast turnover, since occupancy here is heavily owner-held and closings are infrequent
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 25 of each year, from record-level emeraldcoast closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($380K) IS the median in the snapshot above.
Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
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.
35% of homes for sale in ZIP 32536 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 (2026-08-18).
KENNEDY LAKES 1ST ADDN Market Scorecard
KENNEDY LAKES 1ST ADDN is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: emeraldcoast, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in KENNEDY LAKES 1ST ADDN, Crestview
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.
Homes For Sale Right Now in KENNEDY LAKES 1ST ADDN
Live MLS inventory for KENNEDY LAKES 1ST ADDN. 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 KENNEDY LAKES 1ST ADDN listings as of 2026-07-25, 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.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Northwood · Elementary
- Davidson · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent KENNEDY LAKES 1ST ADDN listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any KENNEDY LAKES 1ST ADDN address.
The KENNEDY LAKES 1ST ADDN buying strategy.
If we were buying in KENNEDY LAKES 1ST ADDN 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 KENNEDY LAKES 1ST ADDN.
Condition is the price
With build years running from 1955 to 2022 and the median at 1989, this is not a uniform tract where one comp sets the whole street. Expect to see original older homes sitting near the same median as much newer or heavily updated ones. The single number you can anchor to is the $380,000 median; everything above and below it is a function of renovation status, systems age, and how a given 2,550-square-foot layout has held up. Read each house on its own terms.
No community amenities surfaced from current MLS listings — no pool, gate, or shared facilities to price in or maintain. That keeps carrying costs simple and puts the value entirely in the structure and lot. The high homestead share and low active inventory mean listings appear infrequently, so when the right condition-and-size combination comes up, it deserves attention rather than a wait-and-see.
The location and the amenities are priced into every listing in KENNEDY LAKES 1ST ADDN. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-inventory, slow-turnover pocket where age and condition drive price more than any headline number, you need someone who will walk the systems and read each home individually instead of leaning on a thin comp set. We track this Crestview submarket closely, price sellers to the reality of a 118-day median, and help buyers use that slower cadence to negotiate rather than overpay.
KENNEDY LAKES 1ST ADDN in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 KENNEDY LAKES 1ST ADDN 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 KENNEDY LAKES 1ST ADDN sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in KENNEDY LAKES 1ST ADDN, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your KENNEDY LAKES 1ST ADDN home worth?
Get a no-obligation home value based on real comparable sales in KENNEDY LAKES 1ST ADDN, 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 homes for sale in KENNEDY LAKES 1ST ADDN on the map →
Recent Developments in Kennedy Lakes 1st Addn
Development, infrastructure, retail, and school activity affecting Kennedy Lakes 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 17 miles south of Kennedy Lakes 1st Addn.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The site is about 2 miles northeast of Kennedy Lakes 1st Addn.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The site is about 4 miles southwest of Kennedy Lakes 1st Addn.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in KENNEDY LAKES 1ST ADDN?
How long do homes in KENNEDY LAKES 1ST ADDN take to sell?
How many homes are in KENNEDY LAKES 1ST ADDN?
What share of KENNEDY LAKES 1ST ADDN is owner-occupied?
When were the homes in KENNEDY LAKES 1ST ADDN built?
Do cash buyers compete in KENNEDY LAKES 1ST ADDN?
Who is the best real estate agent for KENNEDY LAKES 1ST ADDN?
How do I find a top Crestview real estate agent who knows KENNEDY LAKES 1ST ADDN?
Can Momentum Realty connect me with an agent for KENNEDY LAKES 1ST ADDN?
Should you buy in KENNEDY LAKES 1ST ADDN?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near KENNEDY LAKES 1ST ADDN with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Community market stats | emeraldcoast closed sales, 12-month windows ending July 25, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32536/32539)) |
| Historical depth | Closed-sale records back to 1993 (39 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 emeraldcoast 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.
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More Crestview & Destin, Okaloosa & Walton (Emerald Coast) guides
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