Maravilla Cottages
Homes for Sale in Miramar Beach, FL
All 680 homes for sale in Miramar Beach, FL · median $659,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Maravilla Cottages in Miramar Beach, FL has 2 homes for sale. Homes listed or recently sold were built 1997–2005; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft).
| Location | Miramar Beach, Walton County, FL · ZIP 32541, 32550 |
|---|---|
| Homes in the community | 61 (FL DOR 2025 assessment roll) |
| Years built | 1996–2006 (median 1999) |
| Typical living area | 1,781 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | BBQ Pit/Grill, Beach, Community Room, Gated, Picnic Area, Pool |
| For sale right now | 2 active, 1 pending · median asking $999,000 · 12.0 months of supply |
| Owner-occupied (homestead) share | 13% |
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, “MARAVILLA COTTAGES key facts,” movewithmomentum.com/neighborhoods/maravilla-cottages, data as of September 20, 2026.
Maravilla Cottages is a small, defined pocket in Miramar Beach — just 61 homes, all built in a tight window from 1996 to 2006, with a median build year of 1999. That age band matters: nothing here is new construction, so price is driven far less by square footage and far more by condition, updates, and how close a given cottage sits to the beach corridor. The median home runs about 1,781 living square feet, which is a compact footprint that rewards efficient layouts over sheer size.
With only one active listing against 61 total homes, this is a thin, low-turnover market. Sellers who bring a well-updated cottage have leverage simply because there is little to compare against; buyers should expect to move decisively when the right unit lists rather than wait for a wave of inventory that historically does not come. A homestead share of roughly 13% tells you most of these are second homes or rentals, so pricing tends to track the coastal-getaway market more than the primary-residence one.
Maravilla Cottages right now
🟢 Buyer-leaning market. 12.0 months of supply and 33% 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 (3 active and pending listings, 2 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
Maravilla Cottages is a 61-home enclave in Miramar Beach, Walton County, built between 1996 and 2006 with a compact median footprint near 1,781 square feet. It trades as a low-inventory, condition-driven coastal market rather than a new-construction one.
Emerald Coast MLS sales records identify 30 homes in MARAVILLA COTTAGES that have changed hands since 2002, built between 1996 and 2005 (median 1999), with a median living area of about 1,494 sq ft and a typical 3-bedroom, 2-bath layout; 97% 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.
County records show 6 qualified sales in MARAVILLA COTTAGES across 2024–2025 (3 in 2024, 3 in 2025), median $700,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
The setting & the homes.
Aerial and on-site photos of Maravilla Cottages. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Maravilla CottagesPhotos from Emerald Coast MLS listings in Maravilla Cottages; content deemed reliable but not guaranteed.
Who Maravilla Cottages is best for.
Best for
- Second-home buyers wanting a compact Miramar Beach cottage in a small, defined enclave
- Investors comfortable with a seasonal-use, condition-driven coastal market
- Buyers ready to act quickly when the rare listing appears rather than wait for inventory
Probably not for
- Buyers who require new construction or larger square footage than the 1,781-square-foot median
- Anyone who wants resort-style community amenities on site
- Buyers who need a wide selection of homes to compare before committing
The market around Maravilla Cottages
Maravilla Cottages is too small for its own price trend, so here is the market around it.
In ZIP 32541, 720 homes are on the market and 13% are under contract — a slower corner of Miramar Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
In ZIP 32541 (Miramar Beach), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Maravilla Cottages specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in MARAVILLA COTTAGES, Miramar Beach
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 Maravilla Cottages
Live MLS inventory for Maravilla Cottages. 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 · 206 daysTop listingPending · 1 daysPending · 3 daysActive and pending Maravilla Cottages 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 Maravilla Cottages Right Now (3)
All 3 active and pending Maravilla Cottages listings with a detail page, newest first, refreshed twice a day from the MLS.
- 351 Maravilla Drive · $699,000 · 3 bd / 2 ba · pending · listed Sep 15, 2026 · listed by Scenic Sotheby's International Realty
- 247 Maravilla Drive · $599,900 · 3 bd / 2 ba · pending · listed Sep 7, 2026 · listed by Mainsail Realty Company
- 43 St. Croix Court · $1,299,000 · 4 bd / 4.5 ba · listed Jul 2, 2026 · listed by Compass
Maravilla Cottages on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Maravilla Cottages 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 Maravilla Cottages address.
Shop the zone: Homes zoned for South Walton High School
The Maravilla Cottages buying strategy.
If we were buying in Maravilla Cottages 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 Maravilla Cottages.
A small, tight-vintage coastal pocket
The story here is scarcity and uniformity. Every home was built inside an 11-year span, so you are not choosing between eras — you are choosing between a renovated cottage and one that still wears its original finishes. That narrows the price question to condition and location within the community, and with just one home active at any given time, direct comparables are scarce enough that each sale can reset expectations.
No community amenities surface in the current MLS listings, so buyers drawn here are buying the location and the cottage itself, not a resort-style package. The low homestead share — about 13% — signals a market weighted toward seasonal and investment use, which tends to make timing and turnkey condition more important than they would be in a primary-residence neighborhood.
The location and the amenities are priced into every listing in Maravilla Cottages. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 61-home community with a single active listing, the edge comes from knowing the sale history and reading condition against price — not from screening a long inventory list. We track how each Maravilla cottage compares on updates and position, so buyers avoid overpaying for a thin-comp market and sellers price against real conditions rather than guesswork.
Maravilla Cottages 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 Maravilla Cottages 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 Maravilla Cottages sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Maravilla Cottages, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Maravilla Cottages home worth?
Get a no-obligation home value based on real comparable sales in Maravilla Cottages, 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 Miramar Beach →
11% of homes for sale in ZIP 32550 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 (2026-09-30).
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.
Frequently Asked Questions
Is Maravilla Cottages a buyer's or seller's market right now?
How many homes are in Maravilla Cottages?
What share of Maravilla Cottages is owner-occupied?
When were the homes in Maravilla Cottages built?
Who is the best real estate agent for Maravilla Cottages?
How do I find a top Miramar Beach real estate agent who knows Maravilla Cottages?
Can Momentum Realty connect me with an agent for Maravilla Cottages?
Where is Maravilla Cottages, and what county is it in?
Should you buy in Maravilla Cottages?
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 (4 streets, ZIP 32541/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1998 (43 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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See how MARAVILLA COTTAGES fits the bigger picture — live prices, inventory, and Momentum Scores:
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