Aerial view of Lake Tantara S/D

Lake Tantara S/D
Homes for Sale in DeFuniak Springs, FL

All 201 homes for sale in DeFuniak Springs, FL · median $254,900 · 110 homes for sale in 32433 · Walton County homes for sale

Community in DeFuniak Springs · Walton County · ZIP 32433
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Emerald Coast MLS data6 years of closingsUpdated twice daily

As of September 2026, the MLS records 1 closed sale in Lake Tantara S/D in DeFuniak Springs, FL, the most recent in September 2020. Across DeFuniak Springs as a whole, 84 homes closed in the last 12 months at a median of $195,000, 100 median days on market, with 36 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).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lake Tantara is a subdivision in DeFuniak Springs, inland Walton County, and the current MLS snapshot doesn't surface a median price or an active count worth anchoring to. That absence is itself the read: pricing here is driven listing by listing, by the condition, lot, and setting of whatever happens to be for sale, rather than by a deep, liquid market you can triangulate against.

For a buyer, that means comps matter more than usual and patience is an asset — you are pricing individual homes, not a trend. For a seller, it means presentation and condition carry the negotiation, because there isn't a thick stack of recent sales doing the pricing work for you.

Nearby homes for sale

No active listings inside LAKE TANTARA S/D right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

204 Greene Boulevard
$190K · 0.9 mi away
3 bd · 2 ba
204 Greene Boulevard
Listed by The Property Group 850 Inc
124 Ranger Road
$129K · 0.9 mi away
4 bd · 2 ba
124 Ranger Road
Listed by Real Broker LLC
134 Double L Road
$265K · 0.9 mi away
4 bd · 2 ba
134 Double L Road
Listed by Realty Pointe of Florida LLC
188 O Daniels Way
$175K · 0.9 mi away
3 bd · 2 ba
188 O Daniels Way
Listed by Realty West
538 Majestic Boulevard
$240K · 1.0 mi away
3 bd · 2 ba
538 Majestic Boulevard
Listed by Coldwell Banker Realty
109 Spring Hill Road
$500K · 1.2 mi away
3 bd · 2.5 ba
109 Spring Hill Road
Listed by ERA American Real Estate

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Lake Tantara is a small subdivision setting in DeFuniak Springs, in Walton County away from the coast, where each listing tends to stand on its own rather than trade against a busy comparable set.

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 who want an inland Walton County location and will judge a home on condition and lot
  • Buyers content to be patient and negotiate on an individual property's merits
  • Owner-occupants prioritizing the house itself over a shared amenity package

Probably not for

  • Buyers who need HOA-maintained amenities on site
  • Buyers who want a deep, fast-moving resale market with many comparable sales
  • Buyers expecting coastal proximity rather than an inland DeFuniak Springs setting

The market around Lake Tantara S/D

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

In ZIP 32433, 234 homes are on the market and 22% are under contract — a steady corner of DeFuniak Springs.

Across Walton County, 3,587 homes are active and 907 pending (20% under contract).

In ZIP 32433 (DeFuniak Springs), 188 homes closed in the last 12 months at a median of $220K, down 3.1% year over year, with a median 90 days on market. Right now 68 active and 15 pending listings put supply at about 7.1 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 S/D specifically. Momentum Research analysis of MLS records.

If we were buying in Lake Tantara S/D 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 Tantara S/D.

Best Buy
Buyers comfortable evaluating a single home on its own merits rather than a busy comp set.
Biggest Risk
A thin market means few recent sales to anchor pricing.
Sweet Spot
A well-kept home where condition and lot carry the value.
Avoid If
You need amenities or a liquid, fast-moving resale market.

A thin-market subdivision inland

There are no community amenities identified from current MLS listings here, so buy for the home and the location, not for a shared amenity package. That keeps expectations honest: value comes from the lot, the structure, and the DeFuniak Springs setting rather than from HOA-maintained extras.

Because the market is thin, a single well-kept or well-priced home can set the tone for months. Do the work on condition, systems, and lot specifics before you lean on neighborhood-wide assumptions, and expect to negotiate on the merits of the individual property.

The location and the amenities are priced into every listing in Lake Tantara S/D. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin-market communities like Lake Tantara reward local legwork over dashboards. We pull the actual comps, walk the property, and tell you plainly whether a given home and its asking price hold up — including when the answer is to keep looking.

Lake Tantara S/D in 15 seconds.

Best forBuyers comfortable evaluating a single home on its own merits rather than a busy comp set.
Biggest advantageAn inland Walton setting in DeFuniak Springs, priced home by home.
Biggest riskA thin market means few recent sales to anchor pricing.
Sweet spotA well-kept home where condition and lot carry the value.
Avoid ifYou need amenities or a liquid, fast-moving resale market.

HOA, CDD & Fees

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 S/D sales matched to your home.

What is your Lake Tantara S/D home worth?

Get a no-obligation home value based on real comparable sales in Lake Tantara S/D, 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.
Buyers who want an inland Walton County location and will judge a home on condition and lotExcellent fit
Buyers content to be patient and negotiate on an individual property's meritsExcellent fit
Owner-occupants prioritizing the house itself over a shared amenity packageExcellent fit
Buyers who need HOA-maintained amenities on siteProbably not
Buyers who want a deep, fast-moving resale market with many comparable salesProbably not
Buyers expecting coastal proximity rather than an inland DeFuniak Springs settingProbably not

Data sources & freshness

Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2020 (1 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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Common questions about Lake Tantara S/D

Where is Lake Tantara S/D?

Lake Tantara S/D is a community in DeFuniak Springs, Walton County, Florida, ZIP 32433.

Are there homes for sale in Lake Tantara S/D right now?

No active listings inside Lake Tantara S/D at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Lake Tantara S/D have an HOA or CDD?

No HOA is on record for Lake Tantara S/D 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.

More DeFuniak Springs & Destin, Okaloosa & Walton (Emerald Coast) guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.

Nearby Communities

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

LTLake Tantara0.8 mi away · 1 for saleLLLeisure Lakes S D0.9 mi awayMHMossy Head1.1 mi away · 1 for saleSHSpring Hill Estates1.3 mi awaySOSouth Orange Crest1.7 mi away · median $190K, 5 sales/12 moHCHinote Commons1.9 mi away · 2 for saleNONorth Orange View2.2 mi away · 1 for saleCCCountry Club Manor East2.5 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 Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,729/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.