Meadow Lake Estates in Crestview

Meadow Lake Estates
Homes for Sale in Crestview, FL

All 380 homes for sale in Crestview, FL · median $325,450 · 239 homes for sale in 32539 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32539
33 homesBuilt 1977–2022
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS dataFL DOR public recordsUpdated twice daily

As of November 2026, the MLS records 1 closed sale in Meadow Lake Estates in Crestview, FL, the most recent in July 2026. 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 384 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).

Live · Meadow Lake Estates Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
80%
Owner-occupied · Meadow Lake Estates
28 of 35 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Meadow Lake Estates
incl. 3% trust or LLC-held · 6% out-of-state
33
Homes in the community
plus 2 vacant residential lots · 35 residential parcels (FL DOR 2025)
Track record · 0 years of records
1977–2022
Years homes were built
median 1993 · county roll (FL DOR 2025)
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 26, 2026

Meadow Lake Estates sits at a median of $520,000, and with no shared amenities showing up in the current MLS data, that number is being set by the houses themselves — lot size, square footage, condition, and finish level. Treat the median as a midpoint, not a sticker price; the spread here is condition-driven, so a well-updated home and a dated one at similar footprints can land far apart.

The posture right now favors patience. Median days on market sits at 155 — homes are taking roughly five months to move, which tells sellers to price against real comparables from day one rather than testing the ceiling. For buyers, that same slow clock is leverage: there is usually room to negotiate, inspect thoroughly, and walk if the numbers do not work.

Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside MEADOW LAKE ESTATES 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.

4569 Hermosa Road
$325K · 0.2 mi away
4 bd · 2 ba
4569 Hermosa Road
Listed by Coldwell Banker Realty
4541 Hermosa Road
$320K · 0.4 mi away
3 bd · 2 ba
4541 Hermosa Road
Listed by The Property Group 850 Inc
4540 Hermosa Road
$475K · 0.4 mi away
4 bd · 3.5 ba
4540 Hermosa Road
Listed by Coldwell Banker Realty
4614 Hermosa Road
$370K · 0.4 mi away
3 bd · 3 ba
4614 Hermosa Road
Listed by Keller Williams Realty SRB
4426 Mirada Way
$285K · 0.4 mi away
4 bd · 2 ba
4426 Mirada Way
Listed by ERA American Real Estate
4607 O Hara Court
$398K · 0.4 mi away
3 bd · 2 ba
4607 O Hara Court
Listed by Assurance Realty of NWFL LLC

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

The 60-Second Overview

This is a home-driven market in Crestview with no community amenities identified in current listings, so value here rests on the individual property rather than shared features. The slow sale pace means both sides should lean on recent Okaloosa comparables rather than headline numbers.

Emerald Coast MLS sales records identify 17 homes in MEADOW LAKE ESTATES that have changed hands since 2001, built between 1977 and 2019 (median 1993), with a median living area of about 2,428 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% 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.

Best for

  • Buyers around the mid-$500s who value a home and lot over shared amenities
  • Patient buyers willing to inspect carefully and negotiate on condition
  • Sellers ready to price to recent comparables and accept a longer marketing window

Probably not for

  • Buyers who want a pool, gate, or other community amenities included
  • Anyone needing a quick close in a fast-moving market
  • Sellers expecting a premium price on a short timeline

The market around Meadow Lake Estates

Meadow Lake Estates is too small for its own price trend, so here is the market around it.

In ZIP 32539, 328 homes are on the market and 26% are under contract — a steady corner of Crestview.

Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).

In ZIP 32539 (Crestview), 99 homes closed in the last 12 months at a median of $311K, up 49.4% year over year, with a median 71 days on market. Right now 74 active and 28 pending listings. See the live ZIP 32539 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Meadow Lake Estates specifically. Momentum Research analysis of MLS records.

If we were buying in Meadow Lake Estates 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 Meadow Lake Estates.

Best Buy
Buyers who want a standalone home and lot rather than shared community amenities.
Biggest Risk
Thin recent sales make the median a rough guide, not a precise value.
Sweet Spot
A well-maintained home priced honestly against current Okaloosa comparables.
Avoid If
You need amenities or a fast, competitive-market transaction.

A condition-driven market with a slow clock

With nothing shared to prop up value — no pool, no gate, no listed common areas — every dollar here traces back to the house and its lot. That makes condition the swing factor. Two homes at the same square footage can justify very different prices based on roof age, systems, kitchen and bath updates, and how the lot lives. Buyers should budget for inspection and read the difference between cosmetic and structural carefully.

The 155-day median tells you demand is not urgent, and the closing window is thin — only three recent closings inform this snapshot, so any single sale can move the read. Take the median as a directional signal, not a precise appraisal, and verify against the most recent, most comparable properties before committing to a number.

“

The location and the amenities are priced into every listing in Meadow Lake Estates. 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 market this thin on comparable sales and this dependent on condition, the risk is anchoring to the wrong number. We build the price case property by property — footprint, finish level, lot, and systems — and we use the slow sale pace as negotiating room rather than a reason to overpay. On the sell side, we set expectations against the 155-day reality so your listing does not stall chasing a price the comps will not support.

Meadow Lake Estates in 15 seconds.

Best forBuyers who want a standalone home and lot rather than shared community amenities.
Biggest advantageA slow market gives buyers time to inspect, compare, and negotiate.
Biggest riskThin recent sales make the median a rough guide, not a precise value.
Sweet spotA well-maintained home priced honestly against current Okaloosa comparables.
Avoid ifYou need amenities or a fast, competitive-market transaction.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Meadow Lake Estates sales matched to your home.

What is your Meadow Lake Estates home worth?

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See all homes for sale in Crestview →

Real comps, not an automated estimate.
Meadow Lake Estates key facts
LocationCrestview, Okaloosa County, FL · ZIP 32539
Homes in the community33 (FL DOR 2025 assessment roll)
Years built1977–2022 (median 1993)
Typical living area2,851 sq ft (median)
For sale right now0 active, 0 pending
Owner-occupied (homestead) share80%

Data as of November 9, 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, “Meadow Lake Estates key facts,” movewithmomentum.com/neighborhoods/meadow-lake-estates, data as of November 9, 2026.

Housing distress & ownership in MEADOW LAKE ESTATES, Crestview

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-11-09)

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.

Email me new listings in Meadow Lake Estates

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Meadow Lake Estates

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Meadow Lake Estates will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Meadow Lake Estates

Development, infrastructure, retail, and school activity affecting Meadow Lake Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Retail & 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 22 miles south of Meadow Lake Estates, elsewhere in Okaloosa County.

    Source: Get The Coast
  2. October 2026
    Infrastructure

    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 north of Meadow Lake Estates.

    Source: Get The Coast
  3. September 2026
    Civic

    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 1 mile southwest of Meadow Lake Estates.

    Source: Get The Coast
  4. June 2026
    Civic

    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 site is about 16 miles south of Meadow Lake Estates.

    Source: Get The Coast
  5. May 2026
    Development

    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 northeast of Meadow Lake Estates, elsewhere in Okaloosa County.

    Source: Get The Coast
  6. May 2026
    Infrastructure

    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 3 miles southwest of Meadow Lake Estates.

    Source: Get The Coast

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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.

Frequently Asked Questions

How many homes are in Meadow Lake Estates?
The Florida DOR 2025 assessment roll shows 33 homes plus 2 vacant residential lots in Meadow Lake Estates (public records).
What share of Meadow Lake Estates is owner-occupied?
80% of Meadow Lake Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Meadow Lake Estates built?
Homes in Meadow Lake Estates were built between 1977 and 2022, with a median year built of 1993 (FL DOR 2025 roll).
Who is the best real estate agent for Meadow Lake Estates?
The best agent for Meadow Lake Estates 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 Meadow Lake Estates.
How do I find a top Crestview real estate agent who knows Meadow Lake Estates?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Meadow Lake Estates and the wider Crestview area.
Can Momentum Realty connect me with an agent for Meadow Lake Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Meadow Lake Estates purchase or sale - no call center and no pressure.
Where is Meadow Lake Estates, and what county is it in?
Meadow Lake Estates is in Crestview, Okaloosa County, FL, ZIP 32539. The community's center is about 2 miles north of the center of Crestview (straight-line).
Buyers around the mid-$500s who value a home and lot over shared amenitiesExcellent fit
Patient buyers willing to inspect carefully and negotiate on conditionExcellent fit
Sellers ready to price to recent comparables and accept a longer marketing windowExcellent fit
Buyers who want a pool, gate, or other community amenities includedProbably not
Anyone needing a quick close in a fast-moving marketProbably not
Sellers expecting a premium price on a short timelineProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: November 10, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32539))
Under-contract sharesEmerald Coast MLS records, as of 2026-11-09
Historical depthClosed-sale records back to 2026 (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.

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Nearby Communities

Explore more neighborhoods near Meadow Lake Estates with Momentum Realty’s local guides.

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