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
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
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).
| Location | DeFuniak Springs, Walton County, FL · ZIP 32433, 32434 |
|---|---|
| Homes in the community | 21 (FL DOR 2025 assessment roll) |
| Years built | 1978–2023 (median 1987) |
| Typical living area | 2,164 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $129,000 · 12.0 months of supply |
| Owner-occupied (homestead) share | 71% |
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.

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 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.
Who Lake Tantara is best for.
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.
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
- 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.
Shop the zone: Homes zoned for Walton High School
The Lake Tantara buying strategy.
If we were buying in Lake Tantara 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.
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.
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 Tantara.
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.
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.
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 Tantara 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 Tantara sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Tantara, 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 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 →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton 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.
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?
How many homes are in Lake Tantara?
What share of Lake Tantara is owner-occupied?
When were the homes in Lake Tantara built?
Who is the best real estate agent for Lake Tantara?
How do I find a top DeFuniak Springs real estate agent who knows Lake Tantara?
Can Momentum Realty connect me with an agent for Lake Tantara?
Where is Lake Tantara, and what county is it in?
Should you buy in Lake Tantara?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32433/32434)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how LAKE TANTARA 3 fits the bigger picture — live prices, inventory, and Momentum Scores:
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