Paradise Cove
Homes for Sale in Point Washington, FL
All 7 homes for sale in Point Washington, FL · median $1,295,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Paradise Cove in Point Washington, FL has 5 homes for sale and 1 pending, asking from $549,000 to $734,900 (median $623,000). Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $605,000, a median 50 days on market, sellers accepting 92% of original asking. Homes listed or recently sold were built 2015–2019; none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 19 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $5,900 ($5,520 with the full homestead exemption).
| Location | Point Washington, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 55 (FL DOR 2025 assessment roll) |
| Years built | 2015–2019 (median 2017.0) |
| Typical living area | 2,856 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Pool, Pets Allowed, Short Term Rental - Not Allowed, Security System, Pavillion/Gazebo, Fishing |
| Sale prices, last 12 months | $605,000 median across 4 closed sales |
| Days on market (closed sales) | 50 median |
| For sale right now | 6 active, 0 pending · median asking $611,500 · 18.0 months of supply |
| Owner-occupied (homestead) share | 73% |
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, “Paradise Cove key facts,” movewithmomentum.com/neighborhoods/paradise-cove, data as of September 20, 2026.
Last 30 days in Paradise Cove: 1 under contract right now, 2 closed sales (median $732,500). As of September 26, 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.
Homes For Sale Right Now in Paradise Cove
Live MLS inventory for Paradise Cove. 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 · 182 daysTop listing
Active · 69 daysActive · 58 days
Active · 91 days
Active · 356 days
Pending · 30 daysActive and pending Paradise Cove listings as of 2026-09-26, 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.
Every Home for Sale in Paradise Cove Right Now (6)
All 6 active and pending Paradise Cove listings with a detail page, newest first, refreshed twice a day from the MLS.
- 143 Blakely Drew Boulevard · $495,000 · 3 bd / 2.5 ba · pending · listed Aug 19, 2026 · listed by Scenic Sotheby's International Realty
- 65 Emma Grace Lane · $623,000 · 4 bd / 3.5 ba · listed Jul 28, 2026 · listed by Berkshire Hathaway HomeServices
- 201 Blakely Drew Boulevard · $629,000 · 4 bd / 3.5 ba · listed Jul 17, 2026 · listed by Christies International Real Estate Emerald Coast
- 219 Blakely Drew Boulevard · $599,000 · 3 bd / 2.5 ba · listed Jun 27, 2026 · listed by Corcoran Reverie SRB
- 270 Blakely Drew Boulevard · $734,900 · 4 bd / 4.5 ba · listed Jun 27, 2026 · listed by Coastal Vibes Luxury Realty
- 209 Blakely Drew Boulevard · $549,000 · 3 bd / 2.5 ba · listed Jun 27, 2026 · listed by Corcoran Reverie SRB
Paradise Cove is a small, newer pocket in Santa Rosa Beach — 55 homes built in a tight window between 2015 and 2019, with a median build year of 2017. What sets price here isn't age or floor plan variety; it's condition, finish level, and how a given home shows against a limited pool. With just 6 active listings, a single well-kept or well-priced home can reset expectations quickly.
The posture right now is thin on both sides. Six homes on the market against a 55-home community is not a lot of choice, and closings have been sparse in the recent window. Buyers should expect to move deliberately when the right home surfaces; sellers benefit from scarcity but still have to price to condition, because there's no deep comp set to hide behind.
Paradise Cove right now
🟢 Buyer-leaning market. 18.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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 20, 2026. Confidence: Medium (6 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Paradise Cove market snapshot (as of September 20, 2026): the median sale price is about $605K, a median 50 days on market for closed sales, and 18.0 months of supply, a buyer-leaning market.
In ZIP 32459 (Point Washington), 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.
County records show 3 qualified sales in Paradise Cove across 2024–2025 (2 in 2024, 1 in 2025), median $625,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Paradise Cove: of 8 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary — verify any specific address at msc.fema.gov.
Paradise Cove is a community of 55 homes in Point Washington, Walton County, built between 2015 and 2019 (median 2017.0), with a median living area of about 2,856 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a compact, uniformly newer community — homes here cluster in age and size, with a median around 2,856 square feet, so the differences buyers weigh are finish and layout more than era.
The setting & the homes.
Aerial and on-site photos of Paradise Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Paradise Cove
Paradise CovePhotos from Emerald Coast MLS listings in Paradise Cove; content deemed reliable but not guaranteed.
Who Paradise Cove is best for.
Best for
- Buyers wanting a newer, larger home in Santa Rosa Beach and willing to wait for the right listing
- Primary-residence buyers who value a stable, mostly owner-occupied community
- Buyers who prioritize move-in-ready condition over fixer upside
Probably not for
- Buyers who need resort-style shared amenities on site
- Bargain hunters counting on a deep inventory to drive competing offers
- Buyers seeking older character homes or a broad spread of price points and sizes
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($605K) IS the median in the snapshot above.
Windows contain 0 to 17 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.
18% of homes for sale in ZIP 32459 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 (2026-09-25).
Paradise Cove Market Scorecard
Paradise Cove is currently a buyer-leaning market. About 18.0 months of supply, a median asking price of $611,500, and homes go under contract in about 91 days.
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 Paradise Cove, Point Washington
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.
Paradise Cove 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
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Dune Lakes · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Paradise Cove listings and can change; always confirm with Walton County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Paradise Cove address.
Shop the zone: Homes zoned for South Walton High School
The Paradise Cove buying strategy.
If we were buying in Paradise Cove 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Paradise Cove.
A small, newer pool
The defining trait of Paradise Cove is uniformity. Every home dates from a five-year construction span, and the median living area sits near 2,856 square feet — meaning most homes are substantial and broadly comparable in vintage. That works in a buyer's favor for predictability: you're evaluating condition and upgrades, not gambling on a decades-old system.
Roughly 73% of homes here are homestead — an ownership pattern that leans toward primary residence rather than pure rental turnover. Combined with only 6 active listings, that tends to keep supply measured. No community amenities surfaced in current MLS listings, so value here rests on the homes themselves and the Santa Rosa Beach location rather than on shared facilities.
The location and the amenities are priced into every listing in Paradise Cove. 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 Paradise Cove 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 (4.0). Basis: Liquidity & Demand 18.0 months of supply; Owner Commitment 73% owner-occupied; Pricing Power 92.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a 55-home community with few active listings and thin recent closings, pricing and timing turn on a handful of comparables — and knowing which of those actually reflect condition. We track this pocket closely and will tell you when a listing is priced to its finish level and when it isn't, whether you're buying or selling.
Paradise Cove 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 Paradise Cove 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 Paradise Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Paradise Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Paradise Cove home worth?
Get a no-obligation home value based on real comparable sales in Paradise Cove, 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 Point Washington →
Recently off market in Paradise Cove
Homes in Paradise Cove that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 104 Blakely Drew Boulevard · off market
- 126 Emma Grace Lane · off market
- 180 Blakely Drew Boulevard · off market
Frequently Asked Questions
What is the median home price in Paradise Cove?
How long do homes in Paradise Cove take to sell?
Is Paradise Cove a buyer's or seller's market right now?
How many homes are in Paradise Cove?
What share of Paradise Cove is owner-occupied?
When were the homes in Paradise Cove built?
Who is the best real estate agent for Paradise Cove?
How do I find a top Point Washington real estate agent who knows Paradise Cove?
Can Momentum Realty connect me with an agent for Paradise Cove?
Where is Paradise Cove, and what county is it in?
Should you buy in Paradise Cove?
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: September 26, 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 (2 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2016 (64 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.
Looking to buy here? Search homes for sale →
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See how Paradise Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Paradise Cove with Momentum Realty’s local guides.