Lake Arthur Est Ph I
Homes for Sale in Crestview, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, the MLS records 27 closed sales in Lake Arthur Est Ph I in Crestview, FL since 2009, the most recent in June 2026. Across Crestview as a whole, 12 homes closed in the last 12 months at a median of $320,707, 74 median days on market, with 204 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,140 ($3,630 with the full homestead exemption).
Lake Arthur Est Ph I is a small pocket of roughly 50 homes in Crestview, and with no active listings on the market right now, price discovery here is thin. What sets value is condition and vintage: the housing stock spans 1999 to 2024, so a mid-2010s build and a nearly new home can sit two doors apart with very different mechanicals, finishes, and pricing logic. The median living area sits near 2,482 square feet, which points to a substantial single-family footprint rather than a starter product.
For a seller, the empty active list is a double edge — no direct competition, but also no comparable pricing to anchor to, so a current appraisal and a disciplined comp pull matter more than usual. For a buyer, the takeaway is patience: inventory moves slowly here, and when a home does list, you will be pricing off its specific age and condition rather than a deep set of neighborhood sales.
The 60-Second Overview
This is a modest, established subdivision of larger single-family homes in Crestview, built out over roughly a quarter century, where the mix of build years means each home has to be evaluated on its own merits.
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.
Who Lake Arthur Est Ph I is best for.
Best for
- Buyers targeting 2,400-plus square feet who value an established, low-turnover setting
- Patient buyers willing to wait for the right listing and price it on condition
- Long-hold owner-occupants comfortable in a primarily owner-occupied enclave
Probably not for
- Buyers who need amenities like a pool, clubhouse, or community facilities
- Shoppers wanting several active listings to compare on a short timeline
- Investors seeking a deep, liquid market with frequent turnover
Homes For Sale Right Now in Lake Arthur Est Ph I
Live MLS inventory for Lake Arthur Est Ph I. 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 Lake Arthur Est Ph I 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
- Bob Sikes · Elementary
- Davidson · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent Lake Arthur Est Ph I 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 Lake Arthur Est Ph I address.
Recent Developments in Lake Arthur Est Ph I
Development, infrastructure, retail, and school activity affecting Lake Arthur Est Ph I, 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 14 miles south of Lake Arthur Est Ph I.
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 project is about 5 miles northeast of Lake Arthur Est Ph I, elsewhere in Okaloosa County.
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 less than a mile southwest of Lake Arthur Est Ph I.
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.
The Lake Arthur Est Ph I buying strategy.
If we were buying in Lake Arthur Est Ph I 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 Lake Arthur Est Ph I.
A wide vintage spread in a small pocket
The defining trait here is the build range: homes date from 1999 through 2024, with the median year built around 2014. That spread matters more than any single number, because roof age, HVAC, windows, and kitchen finish will vary widely across the 50 homes. Two properties of the same square footage can justify very different prices depending on where they fall in that timeline and how they have been maintained.
The homestead share sits near 59 percent, meaning a little over half the homes are owner-occupied primary residences and the balance are held otherwise. No community amenities show up in current MLS listings, so this is a place you buy for the house and the Crestview location in Okaloosa County, not for shared facilities. Judge each listing on its lot, condition, and footprint.
The location and the amenities are priced into every listing in Lake Arthur Est Ph I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With zero active listings and a wide range of build years, this is a community where a generic price estimate can mislead you. We pull the actual comparable sales, weigh each home's vintage and condition against the median footprint, and tell you plainly whether a given asking price is defensible. That discipline protects both buyers pricing an offer and sellers setting one without competition to anchor to.
Lake Arthur Est Ph I 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 Lake Arthur Est Ph I 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 Lake Arthur Est Ph I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Arthur Est Ph I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Arthur Est Ph I home worth?
Get a no-obligation home value based on real comparable sales in Lake Arthur Est Ph I, 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 Lake Arthur Est Ph I on the map →
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.
LAKE ARTHUR EST PH I Market Scorecard
LAKE ARTHUR EST PH I is currently a thin data market. Limited supply, a median asking price of n/a.
Typical home value in the 32536 ZIP is $295,931, about 28.3% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Lake Arthur Est Ph I?
What share of Lake Arthur Est Ph I is owner-occupied?
When were the homes in Lake Arthur Est Ph I built?
Do cash buyers compete in Lake Arthur Est Ph I?
Who is the best real estate agent for Lake Arthur Est Ph I?
How do I find a top Crestview real estate agent who knows Lake Arthur Est Ph I?
Can Momentum Realty connect me with an agent for Lake Arthur Est Ph I?
Should you buy in Lake Arthur Est Ph I?
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: July 25, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32536/32539)) |
| Historical depth | Closed-sale records back to 2009 (27 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?
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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 your area comps.
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More Crestview & Destin, Okaloosa & Walton (Emerald Coast) guides
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See how LAKE ARTHUR EST PH I fits the bigger picture — live prices, inventory, and Momentum Scores: