Meadow Lake Estates in Crestview

Meadow Lake Estates
Homes for Sale in Crestview, FL

All 423 homes for sale in Crestview, FL · median $329,000 · 264 homes for sale in 32539 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32539
33 homesBuilt 1977–2022Median sale $520K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data25 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $520,000, a median 155 days on market, sellers accepting 97% of original asking. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,710 ($6,200 with the full homestead exemption).

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)
Sale prices, last 12 months$520,000 median across 3 closed sales
Days on market (closed sales)155 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share80%

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, “MEADOW LAKE ESTATES key facts,” movewithmomentum.com/neighborhoods/meadow-lake-estates, data as of September 20, 2026.

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)
Price
$520K
Median sold · 12 mo
97.3%
Sale vs ask
Tempo
155days
Median DOM · closed
155 days at the 2026 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 1 a year
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 · 25 years of records
Est. 1977
Community established
homes built 1977-2022, median 1993 (FL DOR 2025)
9.1%/yr
Turnover rate
about 3 of 33 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

2751 Keats Drive
$325K · 0.1 mi away
3 bd · 2 ba
2751 Keats Drive
Listed by Innerscope Realty LLC
107 Kipling Drive
$300K · 0.2 mi away
3 bd · 2 ba
107 Kipling Drive
Listed by La Bella Vita Property Group LLC
465 Scooter Cove
$421K · 0.4 mi away
4 bd · 2 ba
465 Scooter Cove
Listed by Okaloosa Real Estate Co
4607 O Hara Court
$398K · 0.4 mi away
3 bd · 2 ba
4607 O Hara Court
Listed by Assurance Realty of NWFL LLC
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

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

The 60-Second Overview

Meadow Lake Estates market snapshot (as of September 20, 2026): the median sale price is about $520K, and a median 155 days on market for closed sales.

In ZIP 32539 (Crestview), 527 homes closed in the last 12 months at a median of $323K, up 5.8% year over year, with a median 67 days on market. Right now 140 active and 52 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 32539 housing market and the Okaloosa County market.

Meadow Lake Estates is a community of 33 homes in Crestview, Okaloosa County, built between 1977 and 2022 (median 1993), with a median living area of about 2,851 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

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.

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

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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 sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.
How much local inventory is already under contract

24% of homes for sale in ZIP 32539 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 (2026-09-20).

Meadow Lake Estates Market Scorecard

Balanced

Meadow Lake Estates is currently a balanced market..

$520,000
Median sold
0/0/2
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

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 → 2026-09-26)

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.

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.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Meadow Lake Estates homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Meadow Lake Estates.
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 Meadow Lake Estates sales matched to your home.

What is your Meadow Lake Estates home worth?

Get a no-obligation home value based on real comparable sales in Meadow Lake Estates, 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 Crestview →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Meadow Lake Estates?
The median sale price in Meadow Lake Estates was $520K over the 12 months ending September 20, 2026 (3 closed sales, Emerald Coast MLS).
How long do homes in Meadow Lake Estates take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 155 days on market (3 sales, Emerald Coast MLS).
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: September 30, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32539))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2001 (22 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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Nearby Communities

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

Page Place0.2 mi away · 45 homes, built 1988–22, 1 for saleCamille Cove0.4 mi away · median $363K, 5 sales/12 moRoyal Oaks S D0.4 mi away · 124 homes, built 1958–20, 2 for saleCamille Cove South0.4 mi away · 16 homes, built 2016–20Duggan Pond Estates0.5 mi away · median $375K, 5 sales/12 moPinnacle Point0.5 mi away · median $288K, 10 sales/12 moSavannah Oaks0.5 mi away · 19 homes, built 1988–17, 1 for saleDuggan Pond0.6 mi away · 116 homes, built 2007–24, 2 for sale

Browse all neighborhood guides →

Thinking of selling in MEADOW LAKE ESTATES? 3 recorded closings; median 155 days on market (window ending 2026-09-20). 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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