LEE FARMS PH I
Homes for Sale in Crestview, FL

Community in Crestview · Okaloosa County · ZIP 32536
276 homesBuilt 1969–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive emeraldcoast data19 years of closingsFL DOR public recordsUpdated twice daily
Live · LEE FARMS PH I Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
71%
Owner-occupied · LEE FARMS PH I
197 of 279 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · LEE FARMS PH I
incl. 4% trust or LLC-held · 12% out-of-state
0%
Cash buyers · LEE FARMS PH I
0 of 7 sales, 12 mo ending July 2025
276
Homes in the community
plus 3 vacant residential lots · 279 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1969
Community established
homes built 1969-2024, median 2007 (FL DOR 2025)
0.7%/yr
Turnover rate
about 2 of 276 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Lee Farms Ph I is driven by condition and vintage more than by any single product type. With homes built from 1969 through 2024 and a median build year of 2007, this is not a uniform subdivision — you have older stock and newer construction sitting in the same community, so two homes of similar size can trade very differently depending on updates and finish.

At a median of roughly 2,432 living square feet, the housing here skews toward real usable space rather than starter footprints. For sellers, that means the updated, move-in-ready homes set the pace and the dated ones get judged against them. For buyers, the spread is your opportunity: the value is in finding the home priced for its condition, not the address.

Best for

  • Buyers prioritizing living space around 2,400 square feet over shared amenities
  • Value-focused buyers willing to inspect closely and buy on condition
  • Renovation-minded buyers who see older stock as an opportunity to build equity through updates

Probably not for

  • Buyers who want a uniform, single-vintage new-build subdivision
  • Buyers who need community amenities like a pool or clubhouse
  • Buyers wanting turnkey certainty with no inspection surprises across older homes

If we were buying in LEE FARMS PH I 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 LEE FARMS PH I.

Best Buy
Buyers who want real square footage in an established, owner-occupied Crestview community.
Biggest Risk
The 1969-to-2024 range means condition varies sharply — no two homes are the same bet.
Sweet Spot
An updated home near the median size that reads move-in ready against dated competition.
Avoid If
You want uniform, amenity-backed new construction with predictable comps.

A mixed-vintage community, not a cookie-cutter one

The defining fact here is the year-built range: 1969 to 2024. That kind of spread means you should shop on the home, not the community average. Systems, roofs, and layouts will vary widely from one property to the next, and the median build year of 2007 tells you the bulk sits in that middle ground — old enough to warrant a real inspection, new enough to avoid the oldest-stock concerns if you choose carefully.

No community amenities show up in the current MLS listings, so pricing rests on the house and the location rather than shared facilities. The homestead share above 70% points to a community held largely by owner-occupants, which tends to mean steadier upkeep and less investor churn than you'd see in a rental-dominated tract.

The location and the amenities are priced into every listing in LEE FARMS PH I. 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 where build years run from 1969 to 2024, the average number tells you almost nothing — the individual home tells you everything. We price and evaluate each property on its own condition and vintage, so buyers don't overpay for dated stock and sellers of updated homes get positioned against the right comparables rather than the community mean.

LEE FARMS PH I in 15 seconds.

Best forBuyers who want real square footage in an established, owner-occupied Crestview community.
Biggest advantageA wide vintage spread means genuine condition-driven value for the buyer willing to shop carefully.
Biggest riskThe 1969-to-2024 range means condition varies sharply — no two homes are the same bet.
Sweet spotAn updated home near the median size that reads move-in ready against dated competition.
Avoid ifYou want uniform, amenity-backed new construction with predictable comps.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 LEE FARMS PH I sales matched to your home.

What is your LEE FARMS PH I home worth?

Get a no-obligation home value based on real comparable sales in LEE FARMS PH I, 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 LEE FARMS PH I on the map →

Real comps, not an automated estimate.

The real cost & risk here

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

$2,193/mo
Okaloosa County typical true cost to own
$220/mo
Okaloosa 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.

Frequently Asked Questions

How many homes are in LEE FARMS PH I?
The Florida DOR 2025 assessment roll shows 276 homes plus 3 vacant residential lots in LEE FARMS PH I (public records).
What share of LEE FARMS PH I is owner-occupied?
71% of LEE FARMS PH I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LEE FARMS PH I built?
Homes in LEE FARMS PH I were built between 1969 and 2024, with a median year built of 2007.0 (FL DOR 2025 roll).
Do cash buyers compete in LEE FARMS PH I?
Cash buyers took 0% of LEE FARMS PH I sales in the 12 months ending July 2025 (0 of 7 closings, emeraldcoast).
Who is the best real estate agent for LEE FARMS PH I?
The best agent for LEE FARMS PH I is one who actively works Crestview 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 LEE FARMS PH I.
How do I find a top Crestview real estate agent who knows LEE FARMS PH I?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LEE FARMS PH I and the wider Crestview area.
Can Momentum Realty connect me with an agent for LEE FARMS PH I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LEE FARMS PH I purchase or sale - no call center and no pressure.
Buyers prioritizing living space around 2,400 square feet over shared amenitiesExcellent fit
Value-focused buyers willing to inspect closely and buy on conditionExcellent fit
Renovation-minded buyers who see older stock as an opportunity to build equity through updatesExcellent fit
Buyers who want a uniform, single-vintage new-build subdivisionProbably not
Buyers who need community amenities like a pool or clubhouseProbably not
Buyers wanting turnkey certainty with no inspection surprises across older homesProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 32536))
Historical depthClosed-sale records back to 2007 (89 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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Thinking of selling in LEE FARMS PH I? 2 recorded closings (window ending 2026-07-25). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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