Nellie Preserve
Homes for Sale in Santa Rosa Beach, FL
All 760 homes for sale in Santa Rosa Beach, FL · median $1,118,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Homes listed or recently sold were built 2024–2025 with 3 new construction; 6 of 6 report an HOA (median $115/mo); none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). Nellie Preserve is a community in Santa Rosa Beach, Walton County, FL. Across Santa Rosa Beach as a whole, 157 homes closed in the last 12 months at a median of $837,250, 72 median days on market, with 783 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $8,170 ($7,780 with the full homestead exemption).
Nellie Preserve sits in Santa Rosa Beach with a median around $501,000, and in this pocket of Walton County price is driven far more by the individual property than by any community premium — there are no shared amenities pulling values in a common direction. What you're buying is the house, its condition, and its position, so the spread between a dated listing and an updated one can be wide even when the median holds steady.
The current posture favors patience on both sides. Median days on market runs to 118, well past a quick turn, and prices are off 1.7% year over year. For sellers that means sharp pricing and move-in condition do the heavy lifting; for buyers it means time to inspect, negotiate, and avoid overpaying. With only 11 closings in the window, individual sales carry weight, so read comps carefully.
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 Nellie Preserve 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Nellie Preserve is a small-transaction community in Santa Rosa Beach where value tracks the individual home rather than any communal draw. The soft year-over-year move and long marketing times point to a market that rewards preparation over speed.
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 Nellie Preserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Nellie PreservePhotos from Emerald Coast MLS listings in Nellie Preserve; content deemed reliable but not guaranteed.
Who Nellie Preserve is best for.
Best for
- Buyers with a budget near the mid-$500s who want to compete on the strength of a specific home
- Patient buyers willing to trade speed for negotiating leverage in a slow-moving market
- Buyers who value condition and lot over shared community amenities
Probably not for
- Sellers who need to close fast and can't sit through long marketing times
- Buyers who want a clubhouse, pool, or other on-site amenities
- Buyers counting on quick short-term price gains rather than home-specific value
The market around Nellie Preserve
Nellie Preserve is too small for its own price trend, so here is the market around it.
Across Walton County, 2,879 homes are active and 587 pending (17% under contract).
ZIP and county figures describe the wider market, not Nellie Preserve specifically. Momentum Research analysis of MLS records.
Nellie Preserve 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 contributors.
The Nellie Preserve buying strategy.
If we were buying in Nellie Preserve 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 Nellie Preserve.
A house-by-house market
With no amenities identified from current MLS listings, there is no clubhouse, pool, or gate to standardize what buyers are paying for here. That pushes all the pricing weight onto condition, layout, and lot. Expect a genuinely wide spread around the $501,000 median depending on how much updating a home has seen — the number is a midpoint, not a floor or a ceiling.
The 118-day median tells you inventory does not clear quickly, which is leverage for a prepared buyer and a warning for a seller who prices to hope. Combined with a slightly negative year-over-year trend, the realistic play is to underwrite each property on its own merits rather than assume the community carries you.
The location and the amenities are priced into every listing in Nellie Preserve. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin — 11 closings and long days on market — comp selection is everything, and a wrong comp costs real money on either side of the table. We read the individual listings, not just the median, and we're willing to tell you when a home is priced past what its condition supports or when a slow market is actually working in your favor.
Nellie Preserve in 15 seconds.
Tools for a Nellie Preserve 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 Nellie Preserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Nellie Preserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Nellie Preserve home worth?
Get a no-obligation home value based on real comparable sales in Nellie Preserve, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Nellie Preserve?
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: November 12, 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 Nellie Preserve
Development, infrastructure, retail, and school activity affecting Nellie Preserve, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- August 2026Infrastructure
Walton commissioners approve up to $4.69 million Westbay Parkway design contract
At its August 17, 2026 meeting, the Walton County Board of County Commissioners approved, on the consent agenda, a contract with Mott MacDonald for Westbay Parkway design not to exceed $4,693,502.38. The same agenda included a $184,117 Dewberry task order for the Santa Clara Regional Beach Access Bramble Grove addition.
What it may mean for the marketDesign work on Westbay Parkway is an early step toward added road capacity in western Walton County. The project is about 15 miles north of Nellie Preserve, elsewhere in Walton County.
Source: Walton County Government - July 2026Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 16 miles north of Nellie Preserve.
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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