Lake Arthur Estates
Homes for Sale in Crestview, FL

Lake Arthur Estates is a small, mostly owner-occupied pocket of Crestview, with roughly two-thirds of homes homesteaded and a median size of about 2,615 square feet. It reads as a settled residential enclave rather than an amenitized development.

Emerald Coast MLS sales records identify 54 homes in LAKE ARTHUR ESTATES that have changed hands since 2006, built between 2006 and 2025 (median 2018), with a median living area of about 2,049 sq ft and a typical 4-bedroom, 2-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.

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.

Lake Arthur Estates is too small for its own price trend, so here is the market around it.

In ZIP 32536, 257 homes are on the market and 32% are under contract — a fast-moving corner of Crestview.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32536 (Crestview), 425 homes closed in the last 12 months at a median of $322K, up 3.9% year over year, with a median 73 days on market. Right now 122 active and 57 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32536 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Lake Arthur Estates specifically. Momentum Research analysis of MLS records.

• Bob Sikes · Elementary
• Davidson · Middle
• Crestview · High

Zoned schools reflect the assignments reported on recent Lake Arthur Estates 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 Estates address.

The homestead share here is about 66%, which tells you this is predominantly an owner-occupied stretch rather than an investor or rental play. With only 67 homes total, turnover is naturally limited, and that shows up in the sparse listing activity. Buyers should expect to be patient; sellers should expect a smaller, more targeted pool of interest rather than a flood.

The build range is the other thing to weigh. Homes span 1999 to 2024, so two houses in the same neighborhood can be a generation apart in construction, systems, and finishes. The median year built of 2017 skews the inventory newer than the range alone suggests, but you'll still want to underwrite each home on its own age and updates. At a median living area near 2,615 square feet, these are substantial single-family homes, not compact ones.

In a market this thin, a single comp can mislead you in either direction. We price and evaluate off the specific home in front of you: its build year within that 1999-to-2024 spread, its condition, and its square footage relative to the roughly 2,615-square-foot median. Whether you're waiting for the right listing to appear or preparing to be that rare listing, we help you read a low-volume market without overreacting to it.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.