Lake Tantara in DeFuniak Springs

Lake Tantara
Homes for Sale in DeFuniak Springs, FL

All 213 homes for sale in DeFuniak Springs, FL · median $249,490 · 170 homes for sale in 32433 · Walton County homes for sale

Community in DeFuniak Springs · Walton County · ZIP 32433
21 homesBuilt 1978–2023
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data20 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Lake Tantara 3 in DeFuniak Springs, FL has 1 home for sale. As of October 2026, the MLS records 9 closed sales in Lake Tantara 3 in DeFuniak Springs, FL since 2006, the most recent in June 2026. Across DeFuniak Springs as a whole, 93 homes closed in the last 12 months at a median of $195,000, 100 median days on market, with 41 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $1,900 ($1,520 with the full homestead exemption).

Part of Lake Tantara, DeFuniak Springs, FL — see all Lake Tantara homes for sale (1 listing across 3 sections in the MLS).

LAKE TANTARA 3 key facts
LocationDeFuniak Springs, Walton County, FL · ZIP 32433, 32434
Homes in the community21 (FL DOR 2025 assessment roll)
Years built1978–2023 (median 1987)
Typical living area2,164 sq ft (median)
For sale right now1 active, 0 pending · median asking $129,000 · 12.0 months of supply
Owner-occupied (homestead) share71%

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, “LAKE TANTARA 3 key facts,” movewithmomentum.com/neighborhoods/lake-tantara-3, data as of September 20, 2026.

Live · Lake Tantara Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Walton: 18% (698 of 3,872)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
71%
Owner-occupied · Lake Tantara
17 of 24 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · Lake Tantara
incl. 4% trust or LLC-held · 4% out-of-state
21
Homes in the community
plus 3 vacant residential lots · 24 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1978
Community established
homes built 1978-2023, median 1987 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lake Tantara 3 is a small pocket in DeFuniak Springs, and the current MLS snapshot is thin — no active price data, no amenity set to lean on. That changes how you read value here: price is going to be set almost entirely by the individual home, its condition, and its lot, not by any community premium or shared feature you're paying into.

For a buyer, that means underwriting each listing on its own merits rather than a neighborhood comp story. For a seller, it means presentation and condition carry the weight — there's no community amenity narrative doing the selling for you, so the house has to stand on what it is.

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

Lake Tantara right now

🟢 Buyer-leaning market. 12.0 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 (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 2, 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

Lake Tantara 3 sits inland in Walton County's DeFuniak Springs, away from the coastal-resort market that drives much of the Emerald Coast. Expect a quieter, residentially-oriented setting where each home is evaluated individually.

Emerald Coast MLS sales records identify 15 homes in LAKE TANTARA that have changed hands since 2008, built between 1981 and 2020 (median 1999), with a median living area of about 1,526 sq ft and a typical 3-bedroom, 2-bath layout; 60% 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.

Best for

  • Buyers prioritizing an inland, quieter Walton County location over coastal proximity
  • Value-focused buyers willing to underwrite a home on its own condition and lot
  • Owners planning a longer hold who don't need constant resale liquidity

Probably not for

  • Buyers who want built-in community amenities like a pool or clubhouse
  • Buyers needing deep comp data and high listing turnover to feel comfortable pricing
  • Buyers set on beach-adjacent, coastal-resort access

The market around Lake Tantara

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

In ZIP 32433, 207 homes are on the market and 18% are under contract — a steady corner of DeFuniak Springs.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32433 (DeFuniak Springs), 189 homes closed in the last 12 months at a median of $208K, down 2.5% year over year, with a median 89 days on market. Right now 69 active and 18 pending listings put supply at about 6.8 months — a buyer's market. See the live ZIP 32433 housing market and the Walton County market.

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

Housing distress & ownership in LAKE TANTARA 3, DeFuniak Springs

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 2 listings
Distress share trend — 0.0% now (2026-09-04 → 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.

Homes For Sale Right Now in Lake Tantara

Live MLS inventory for Lake Tantara. 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 Tantara listings as of 2026-10-01, 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 Lake Tantara 3 Right Now (1)

All 1 active and pending Lake Tantara 3 listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 124 Ranger Road · $129,000 · 4 bd / 2 ba · pending · listed Aug 7, 2026 · listed by Real Broker LLC

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Mossy Head · Elementary
  • Walton · Middle
  • Walton · High

Zoned schools reflect the assignments reported on recent Lake Tantara 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 Lake Tantara address.

If we were buying in Lake Tantara 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 Lake Tantara.

Best Buy
Buyers who want an inland DeFuniak Springs address and will judge each home on its own condition.
Biggest Risk
A thin data environment makes pricing and comps harder to pin down.
Sweet Spot
A well-maintained home where condition is verifiable and the lot works for you.
Avoid If
You need community amenities or an active, high-turnover market to feel confident.

A house-by-house market, not a community one

The honest read on Lake Tantara 3 is that there's little in the current listing feed to generalize from. No shared amenities are identified from active MLS listings, so there's no pool, clubhouse, or gated entry premium baked into value. What you're buying is the individual parcel and structure.

That places the burden of diligence squarely on the property itself — roof, systems, lot, and updates will drive price far more than any address effect. In a market like this, the spread between a well-kept home and a project can be wide, and condition is the variable to watch.

“

The location and the amenities are priced into every listing in Lake Tantara. 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 low-data pocket like Lake Tantara 3, guesswork gets expensive. We price and evaluate off the specific home in front of us — condition, lot, and comparable inland Walton County activity — rather than a community story that isn't there. If a listing doesn't hold up on the numbers, we'll say so before you write an offer.

Lake Tantara in 15 seconds.

Best forBuyers who want an inland DeFuniak Springs address and will judge each home on its own condition.
Biggest advantageNo amenity premium means you're paying for the house and lot, not shared extras.
Biggest riskA thin data environment makes pricing and comps harder to pin down.
Sweet spotA well-maintained home where condition is verifiable and the lot works for you.
Avoid ifYou need community amenities or an active, high-turnover market to feel confident.

HOA, CDD & Fees

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

What is your Lake Tantara home worth?

Get a no-obligation home value based on real comparable sales in Lake Tantara, 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 DeFuniak Springs →

Real comps, not an automated estimate.

The real cost & risk here

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

$3,772/mo
Walton County typical true cost to own
$162/mo
Walton 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.

How much local inventory is already under contract

22% of homes for sale in ZIP 32433 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 (2026-10-02).

Frequently Asked Questions

Is Lake Tantara a buyer's or seller's market right now?
As of September 20, 2026, Lake Tantara leans toward buyers: 12.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Lake Tantara?
The Florida DOR 2025 assessment roll shows 21 homes plus 3 vacant residential lots in Lake Tantara (public records).
What share of Lake Tantara is owner-occupied?
71% of Lake Tantara parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Tantara built?
Homes in Lake Tantara were built between 1978 and 2023, with a median year built of 1987 (FL DOR 2025 roll).
Who is the best real estate agent for Lake Tantara?
The best agent for Lake Tantara is one who actively works DeFuniak Springs 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 Lake Tantara.
How do I find a top DeFuniak Springs real estate agent who knows Lake Tantara?
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 Lake Tantara and the wider DeFuniak Springs area.
Can Momentum Realty connect me with an agent for Lake Tantara?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Tantara purchase or sale - no call center and no pressure.
Where is Lake Tantara, and what county is it in?
Lake Tantara is in DeFuniak Springs, Walton County, FL, ZIP codes 32433, 32434. The community's center is about 33 miles west of the center of DeFuniak Springs (straight-line).
Buyers prioritizing an inland, quieter Walton County location over coastal proximityExcellent fit
Value-focused buyers willing to underwrite a home on its own condition and lotExcellent fit
Owners planning a longer hold who don't need constant resale liquidityExcellent fit
Buyers who want built-in community amenities like a pool or clubhouseProbably not
Buyers needing deep comp data and high listing turnover to feel comfortable pricingProbably not
Buyers set on beach-adjacent, coastal-resort accessProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32433/32434))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (9 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.

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Nearby Communities

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

Spring Hill Estates0.5 mi away · 4 homes, built 1999–22Lake Tantara S D0.8 mi awayLeisure Lakes S D1.2 mi awayMossy Head1.4 mi away · 1 for saleHinote Commons1.5 mi away · 82 homes, built 1970–23, 2 for saleSouth Orange Crest1.7 mi away · median $190K, 5 sales/12 moNorth Orange View1.8 mi away · 21 homes, built 1980–24, 1 for saleCountry Club Manor East2.4 mi away · 28 homes, built 1976–24, 1 for sale

Browse all neighborhood guides →

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