One Water Place at Kelly Plantation
Homes for Sale in Destin, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, One Water Place at Kelly Plantation in Destin, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $1,232,500, a median 107 days on market, sellers accepting 91% of original asking (-16% versus the prior year). Homes listed or recently sold were built 2007–2007. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $15,890 ($15,380 with the full homestead exemption).
One Water Place at Kelly Plantation is a small, condo-scale market inside Destin, and the median sits at $1,232,500. At this level, price is driven by unit position, views, finish level, and condition rather than any published range — the spread between a dated unit and a fully updated one can be wide, so treat the median as a midpoint, not a sticker.
The posture right now is slow and soft. Median days on market run to 107, year-over-year pricing is down 16.4%, and the heat score of 27 confirms a buyer-leaning market. With only 2 active listings and a thin closing window, a single sale moves the numbers, so a seller should price to the current reality and a buyer has room to be patient and specific.
One Water Place at Kelly Plantation right now
🟡 Balanced market. 3.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 12, 2026. Confidence: Low (1 active and pending listings, 4 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($1.23M) is down 16.4% from the prior 12 months ($1.47M). With about 8 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 12. Confidence: Low (4 and 8 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Okaloosa County sale ($1.23M vs $366K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 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
One Water Place at Kelly Plantation market snapshot (as of September 12, 2026): the median sale price is about $1.23M, a median 107 days on market for closed sales, and 3.0 months of supply, a balanced market. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (4 closings in the current window).
This is a high-price, low-volume enclave in Destin where inventory is scarce and time on market is long — meaning both sides negotiate against very few comparables.
The setting & the homes.
Aerial and on-site photos of One Water Place at Kelly Plantation. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
One Water Place at Kelly Plantation
One Water Place at Kelly Plantation
One Water Place at Kelly Plantation
One Water Place at Kelly Plantation
One Water Place at Kelly PlantationPhotos from Emerald Coast MLS listings in One Water Place at Kelly Plantation; content deemed reliable but not guaranteed.
Who One Water Place at Kelly Plantation is best for.
Best for
- Buyers with a seven-figure budget who want a Destin condo and can move deliberately
- Cash or well-qualified buyers ready to use a slow, buyer-leaning market to negotiate
- Long-hold owners who are indifferent to short-term price swings and thin resale volume
Probably not for
- Buyers who need broad selection — inventory here is down to a couple of active units
- Sellers who need to close quickly, given a 107-day median time on market
- Anyone counting on fast appreciation or an easy resale in a small, softening market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.23M) IS the median in the snapshot above, and the move from 2025 ($1.47M) IS the -16.4% one-year change.
Windows contain 0 to 12 sales each (4 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa 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 · Okaloosa 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.
ONE WATER PLACE AT KELLY PLANTATION Market Scorecard
ONE WATER PLACE AT KELLY PLANTATION is currently a seller's market. About 3.0 months of supply, a median asking price of $1,099,000, and homes go under contract in about 212 days.
Typical home value in the 32541 ZIP is $627,422, about 35.3% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in ONE WATER PLACE AT KELLY PLANTATION, Destin
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 One Water Place at Kelly Plantation
Live MLS inventory for One Water Place at Kelly Plantation. 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 and pending One Water Place at Kelly Plantation listings as of 2026-09-12, 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.
One Water Place at Kelly Plantation 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
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Destin · Elementary
- Destin · Middle
- Destin · High
Zoned schools reflect the assignments reported on recent One Water Place at Kelly Plantation listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any One Water Place at Kelly Plantation address.
The One Water Place at Kelly Plantation buying strategy.
If we were buying in One Water Place at Kelly Plantation 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 One Water Place at Kelly Plantation.
A thin market at a high number
The defining trait here is scarcity paired with a long clock. With just 2 active listings and only a handful of recent closings, there is very little to triangulate against, and the 107-day median tells you units do not turn quickly. That combination rewards precise pricing and punishes wishful pricing — an overpriced listing can sit for months before it corrects.
The 16.4% year-over-year decline is real, but in a market this small it reflects mix and condition as much as broad direction. No specific community amenities surface in the current MLS data, so value comes down to the unit itself: floor, orientation, views, and how recently it was updated. That makes on-the-ground inspection and comparison more important than any headline average.
The location and the amenities are priced into every listing in One Water Place at Kelly Plantation. 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 One Water Place at Kelly Plantation 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 (4.3). Basis: Recent Direction -16.4% year-over-year; Liquidity & Demand 3.0 months of supply; Pricing Power 90.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market with two active listings and a long days-on-market clock, the value is in judgment, not volume. We read each unit on its own terms — position, condition, and how it stacks against the few relevant sales — and we price and negotiate to the market's actual posture rather than to hope. On the buy side that means patience and leverage; on the sell side it means avoiding the slow, expensive drift of an overpriced listing.
One Water Place at Kelly Plantation 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 One Water Place at Kelly Plantation 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 One Water Place at Kelly Plantation sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in One Water Place at Kelly Plantation, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your One Water Place at Kelly Plantation home worth?
Get a no-obligation home value based on real comparable sales in One Water Place at Kelly Plantation, 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 homes for sale in One Water Place at Kelly Plantation on the map →
Frequently Asked Questions
What is the median home price in One Water Place at Kelly Plantation?
How long do homes in One Water Place at Kelly Plantation take to sell?
Is One Water Place at Kelly Plantation a buyer's or seller's market right now?
Who is the best real estate agent for One Water Place at Kelly Plantation?
How do I find a top Destin real estate agent who knows One Water Place at Kelly Plantation?
Can Momentum Realty connect me with an agent for One Water Place at Kelly Plantation?
Should you buy in One Water Place at Kelly Plantation?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near One Water Place at Kelly Plantation with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2014 (84 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 ONE WATER PLACE AT KELLY PLANTATION fits the bigger picture — live prices, inventory, and Momentum Scores: