Lee Farms
Homes for Sale in Crestview, FL
All 361 homes for sale in Crestview, FL · median $325,000 · 147 homes for sale in 32536 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Lee Farms Ph Iii in Crestview, FL has 1 home for sale. Lee Farms Ph Iii is a community in Crestview, Okaloosa County, FL. Across Crestview as a whole, 136 homes closed in the last 12 months at a median of $319,000, 82 median days on market, with 383 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,110 ($3,600 with the full homestead exemption).
Part of Lee Farms, Crestview, FL — see all Lee Farms homes for sale (6 listings across 3 sections in the MLS).
Last 30 days in Lee Farms: 1 new listing (median asking $349,900). As of July 25, 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.
Price here is driven by the homes themselves, not by shared amenities. Lee Farms Ph III is a built-out subdivision of 121 homes from 2005 to 2024, with a median build year of 2011 and a median size around 2,364 square feet. The median sits at $330,000, and the spread around that comes down to condition, layout, and how each home has been kept rather than any single premium feature.
The market posture is tight and quick. With just one active listing and a median 14 days on market, sellers who price to condition tend to move without much drama. Buyers should come ready to act; there is little standing inventory to browse, so waiting for options usually means missing the one that fits. Values are up 3% year over year and 63% since 2012, which reads as steady rather than speculative.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Lee Farms Ph III is a fully built-out Crestview subdivision where most homes are owner-occupied, and inventory is thin enough that timing matters more than negotiation.
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 Lee Farms is best for.
Best for
- Buyers targeting a settled, built-out neighborhood around the mid-2000s-to-2020s vintage
- Buyers who want roughly 2,300-plus square feet near the $330,000 median and are ready to move fast
- Owner-occupant buyers who prefer a low-turnover street over a rental-heavy one
Probably not for
- Buyers who require on-site amenities such as a pool, gym, or clubhouse
- Buyers who need a deep menu of listings to compare before committing
- Buyers chasing brand-new construction only, since most homes here are resale
The market around Lee Farms
Lee Farms is too small for its own price trend, so here is the market around it.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
ZIP and county figures describe the wider market, not Lee Farms specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Lee Farms
Live MLS inventory for Lee Farms. 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 Lee Farms listings as of 2026-07-25, 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.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Northwood · Elementary
- Davidson · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent Lee Farms listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lee Farms address.
Shop the zone: Homes zoned for Crestview High School
The Lee Farms buying strategy.
If we were buying in Lee Farms 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Lee Farms.
A condition-driven resale market
This is a mature neighborhood with a clear identity: 121 homes, a median build year of 2011, and a size profile that centers near 2,364 square feet. There are no community amenities identified in current MLS listings, so what you are buying is the house and the location, not a pool or clubhouse. That keeps pricing honest and tied to what each individual home offers.
A homestead share around 67% points to a stable, largely owner-occupied street rather than a rental-heavy pocket. Combined with one active listing and a median 14 days on market, that means turnover is limited and well-kept homes tend to clear quickly. Sellers benefit from scarcity; buyers benefit from a market that is easy to read once a home appears.
The location and the amenities are priced into every listing in Lee Farms. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision this tight, with a single active listing and a two-week median time on market, the edge is knowing when a home is coming and how it compares to the last few closings. We track the Crestview and Okaloosa County feed closely so you are positioned to move on the right home or to price yours against real, recent evidence rather than guesswork.
Lee Farms in 15 seconds.
Tools for a Lee Farms 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 Lee Farms sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lee Farms, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lee Farms home worth?
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Should you buy in Lee Farms?
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: July 25, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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.
Recent Developments in Lee Farms Ph Iii
Development, infrastructure, retail, and school activity affecting Lee Farms Ph Iii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The project is about 23 miles south of Lee Farms Ph Iii, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Infrastructure
Okaloosa County stabilizes 180 miles of dirt roads in north county
Okaloosa County has stabilized 180 miles of dirt roads using the voter-approved infrastructure surtax, more than triple the original goal of 50 miles in five years. The roads received a limerock base topped with chip-seal or hot-mix, and the county says only a handful of roads remain. The work is in north Okaloosa County.
What it may mean for the marketPaved rural roads in north Okaloosa could improve year-round access and reduce road maintenance costs for areas near Crestview. The site is about 3 miles northeast of Lee Farms Ph Iii.
Source: Get The Coast - September 2026Civic
Okaloosa commissioners reject 12-month data center moratorium 3-2
Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.
What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The site is about 2 miles south of Lee Farms Ph Iii.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The project is about 18 miles south of Lee Farms Ph Iii, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 3 miles east of Lee Farms Ph Iii, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The site is about 4 miles south of Lee Farms Ph Iii.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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