Lake Kathryn Estates
Homes for Sale in Altha, FL

Community in Altha · Calhoun County · ZIP 32421
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True comps, carrying-cost math, and listings before the portals.

Photo via CPAR MLS

Built fromLive CPAR MLS data9 years of closingsUpdated twice daily
Live · Lake Kathryn Estates Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Calhoun: 20% (4 of 20)
0 · 1
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is no recent closed-sale activity in Lake Kathryn Estates in the current MLS window, so there is no price trend to point to and no pace-of-sale figure to quote. That in itself is the read: this is a thin, quiet corner of Calhoun County where inventory and transactions move in fits and starts rather than on a predictable calendar.

For a buyer or seller, that means pricing has to be built from comparable land and homes in the broader Altha area rather than from turns inside this specific community. Anyone active here should expect a longer, more patient process and should lean on local comparables and a direct look at whatever is currently listed rather than assuming a market rhythm that the data does not support.

The 60-Second Overview

Lake Kathryn Estates sits in Altha, Calhoun County, and current MLS data shows no closed sales in the latest window and no community amenities identified from active listings — a profile typical of a small, low-turnover rural subdivision rather than an actively churning market.

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 seeking a rural Calhoun County setting who are comfortable pricing off outside comparables
  • Buyers with a longer time horizon who are not dependent on quick resale
  • Buyers who do not require built-in subdivision amenities and plan to source their own

Probably not for

  • Buyers who want recent closed-sale data inside the community before committing
  • Buyers expecting shared amenities as part of the purchase
  • Buyers on a tight timeline who need predictable market pacing

The market around Lake Kathryn Estates

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

In ZIP 32421, 2 homes are on the market and 50% are under contract — a fast-moving corner of Altha.

Across Calhoun County, 16 homes are active and 4 pending (20% under contract).

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

Housing distress & ownership in Lake Kathryn Estates, Altha

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 4 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

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 information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Lake Kathryn Estates

Live MLS inventory for Lake Kathryn Estates. 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 Kathryn Estates listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Every Home for Sale in Lake Kathryn Estates Right Now (1)

All 1 active and pending Lake Kathryn Estates listings with a detail page, newest first, refreshed twice a day from the MLS.

If we were buying in Lake Kathryn Estates 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Lake Kathryn Estates.

Best Buy
Buyers with a specific parcel or home already in mind who want it evaluated against real comparables rather than a community-wide trend.
Biggest Risk
With no recent closings to reference, pricing guidance has to come from outside the community, which adds diligence time.
Sweet Spot
A rural Calhoun County setting for buyers not expecting subdivision amenities or a fast resale timeline.
Avoid If
Avoid if you need recent comparable sales inside the community itself or a predictable resale timeline.

A market with no recent print

When a community shows zero closings in the current tracking window, the honest answer is that there is not enough transaction volume to describe a market rhythm, a price trend, or a typical days-on-market figure. That is the case here. Whatever is happening in Lake Kathryn Estates right now has to be assessed listing by listing rather than through aggregate stats.

The MLS also does not identify any community amenities tied to current listings, which is consistent with a rural residential subdivision rather than a planned community built around shared facilities. Buyers should treat any amenity questions — access, utilities, deed restrictions, road maintenance — as items to confirm directly against the specific parcel or home under consideration, not as something the market data will answer.

“

The location and the amenities are priced into every listing in Lake Kathryn Estates. 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 community with this little recent transaction history, the value we add is in doing the legwork the aggregate data cannot: pulling comparable sales from surrounding Altha and Calhoun County parcels, checking what is currently active or pending nearby, and giving a straight read on whether a given listing is priced in line with what is actually moving in the area.

Lake Kathryn Estates in 15 seconds.

Best forBuyers with a specific parcel or home already in mind who want it evaluated against real comparables rather than a community-wide trend.
Biggest advantageThe quiet, low-turnover setting means less competition and more room to negotiate on a case-by-case basis.
Biggest riskWith no recent closings to reference, pricing guidance has to come from outside the community, which adds diligence time.
Sweet spotA rural Calhoun County setting for buyers not expecting subdivision amenities or a fast resale timeline.
Avoid ifAvoid if you need recent comparable sales inside the community itself or a predictable resale timeline.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Lake Kathryn Estates 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 Lake Kathryn Estates.
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 Lake Kathryn Estates sales matched to your home.

What is your Lake Kathryn Estates home worth?

Get a no-obligation home value based on real comparable sales in Lake Kathryn Estates, 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 Kathryn Estates on the map →

Real comps, not an automated estimate.
Buyers seeking a rural Calhoun County setting who are comfortable pricing off outside comparablesExcellent fit
Buyers with a longer time horizon who are not dependent on quick resaleExcellent fit
Buyers who do not require built-in subdivision amenities and plan to source their ownExcellent fit
Buyers who want recent closed-sale data inside the community before committingProbably not
Buyers expecting shared amenities as part of the purchaseProbably not
Buyers on a tight timeline who need predictable market pacingProbably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: October 1, 2026)
Under-contract sharesCPAR MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2017 (7 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 CPAR 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 CPAR 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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Common questions about Lake Kathryn Estates

Where is Lake Kathryn Estates?

Lake Kathryn Estates is a community in Altha, Calhoun County, Florida, ZIP 32421.

Are there homes for sale in Lake Kathryn Estates right now?

Yes — 0 active and 1 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Lake Kathryn Estates have an HOA or CDD?

No HOA is on record for Lake Kathryn Estates in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Lake Kathryn Estates with Momentum Realty’s local guides.

Silver Lake (Jackson)5.6 mi away · median $392K, 4 sales/12 moMirror Lake Estates (Calhoun)8.1 mi away · 1 for saleCompass Lake In The Hills8.1 mi away · 77 homes, built 1925–24, 6 for saleCompass Lake Hills8.6 mi away · median $207K, 10 sales/12 moThe Highlands Of Compass Lake8.8 mi away · 1 for saleHighlands At Compass Lake8.9 mi away · median $110K, 4 sales/12 moHoliday Estates (Jackson)10.0 mi away · 1 for saleHousefond10.2 mi away

Browse all neighborhood guides →

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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Calhoun County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,138/mo
Calhoun County typical true cost to own
$139/mo
Calhoun County typical home insurance
Check CDD
Confirm before you offer

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.