Nellie Preserve
Homes for Sale in Santa Rosa Beach, FL
All 831 homes for sale in Santa Rosa Beach, FL · median $1,185,000 · 860 homes for sale in 32459 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Over the 12 months ending 2026-09-20, 9 recorded sales closed at a median of $499,000, a median 129 days on market, sellers accepting 91% of original asking (-5% versus the prior year). Homes listed or recently sold were built 2024–2025 with 3 new construction; none of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 6 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $4,870 ($4,480 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.
Nellie Preserve right now
🟡 Off the recent peak. The trailing-12-month median ($499K) is down 5.4% from the prior 12 months ($527K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Medium (9 and 10 sales in the two windows).
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· Updated October 20, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
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 market snapshot (as of September 20, 2026): the median sale price is about $499K, and a median 129 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (9 closings in the current window).
In ZIP 32459 (Santa Rosa Beach), 967 homes closed in the last 12 months at a median of $960K, up 2.0% year over year, with a median 82 days on market. Right now 496 active and 94 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 32459 housing market and the Walton County market.
Emerald Coast MLS sales records identify 19 homes in Nellie Preserve that have changed hands since 2024, built between 2024 and 2025 (median 2025), with a median living area of about 2,245 sq ft and a typical 4-bedroom, 3-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.
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.
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
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Nellie Preserve buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.0). Basis: Recent Direction -5.4% year-over-year; Owner Commitment 5% owner-occupied; Pricing Power 90.8% sale-to-list. Refreshed with each data update.
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.
See all homes for sale in Santa Rosa Beach →
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 6 (FL DOR 2025 assessment roll) |
| Years built | 2024–2024 (median 2024) |
| Typical living area | 2,448 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Short Term Rental - Allowed, Short Term Rental - Not Allowed |
| Sale prices, last 12 months | $499,000 median across 9 closed sales · -5.4% vs the prior 12 months |
| Days on market (closed sales) | 129 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 5% |
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, “Nellie Preserve key facts,” movewithmomentum.com/neighborhoods/nellie-preserve, data as of September 20, 2026.
Housing distress & ownership in Nellie Preserve, Santa Rosa 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.
More Santa Rosa Beach home searches
- All homes for sale in Santa Rosa Beach, FL
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- Homes under $300K in Santa Rosa Beach
- Homes from $300K to $500K in Santa Rosa Beach
- 4-bedroom homes for sale in Santa Rosa Beach
- Santa Rosa Beach home values: what is my house worth?
- ZIP 32459 housing scorecard
- 5 coming-soon communities in Walton County
Santa Rosa Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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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 October 2026.
- 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.
Frequently Asked Questions
What is the median home price in Nellie Preserve?
How long do homes in Nellie Preserve take to sell?
What share of Nellie Preserve is owner-occupied?
Who is the best real estate agent for Nellie Preserve?
How do I find a top Santa Rosa Beach real estate agent who knows Nellie Preserve?
Can Momentum Realty connect me with an agent for Nellie Preserve?
Where is Nellie Preserve, and what county is it in?
Is Nellie Preserve a good place to live?
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: October 20, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2024 (19 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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