Penny Lane
Homes for Sale in Santa Rosa Beach, FL
All 855 homes for sale in Santa Rosa Beach, FL · median $1,150,000 · 865 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
As of October 2026, Penny Lane in Santa Rosa Beach, FL has 1 home for sale. As of October 2026, the MLS records 3 closed sales in Penny Lane in Santa Rosa Beach, FL since 2022, the most recent in August 2026. Across Santa Rosa Beach as a whole, 545 homes closed in the last 12 months at a median of $975,000, 84 median days on market, with 302 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $9,510 ($9,130 with the full homestead exemption).
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 4 (FL DOR 2025 assessment roll) |
| Years built | 2022–2024 (median 2023.0) |
| Typical living area | 6,788 sq ft (median) |
| Amenities listed by sellers | Security System |
| For sale right now | 1 active, 0 pending · median asking $3,750,000 · 12.0 months of supply |
| Owner-occupied (homestead) share | 0% |
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, “Penny Lane key facts,” movewithmomentum.com/neighborhoods/penny-lane, data as of September 20, 2026.
Penny Lane is a small pocket within Santa Rosa Beach, and right now it is showing just a single active listing. With inventory that thin, there is no real "market rate" to average against — price here will be set almost entirely by the condition, lot, and specifics of whatever home is on the table, not by comparable sales inside the community itself.
For a buyer, that means leaning on the broader Santa Rosa Beach and Walton County context to gauge value, since one listing can't establish a trend. For a seller, the flip side is real: with almost nothing else competing inside Penny Lane, a well-prepared home has the floor largely to itself, but pricing still has to answer to the wider area, not to this narrow snapshot.
Penny Lane right now
🟢 Buyer-leaning market. 12.0 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: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Penny Lane is a niche address in Santa Rosa Beach, Walton County, currently carrying a single active listing and no community amenities identified in the current MLS data. It reads as a quiet, low-volume enclave rather than a large planned development.
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.
Who Penny Lane is best for.
Best for
- Buyers set on the Santa Rosa Beach area who value simplicity over shared amenities
- Those willing to evaluate one property on its own merits rather than wait for a deep inventory
- Owner-users who prefer to skip HOA-driven amenity costs where none are documented
Probably not for
- Buyers who want a menu of listings to compare within a single community
- Those whose priority is pools, gates, or shared common grounds
- Anyone who needs a proven internal sales trend before committing
The market around Penny Lane
Penny Lane is too small for its own price trend, so here is the market around it.
In ZIP 32459, 1,067 homes are on the market and 18% are under contract — a slower corner of Santa Rosa Beach.
Across Walton County, 3,174 homes are active and 698 pending (18% under contract).
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.
ZIP and county figures describe the wider market, not Penny Lane specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Penny Lane, 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.
Homes For Sale Right Now in Penny Lane
Live MLS inventory for Penny Lane. 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 Penny Lane listings as of 2026-10-01, 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 Penny Lane Right Now (1)
All 1 active and pending Penny Lane listings with a detail page, newest first, refreshed twice a day from the MLS.
- 17 Penny Lane · $3,750,000 · 10 bd / 10 ba · listed Jul 2, 2026 · listed by 1 Percent Lists Florida Coast
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Penny Lane 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 Penny Lane address.
Shop the zone: Homes zoned for South Walton High School
The Penny Lane buying strategy.
If we were buying in Penny Lane 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 Penny Lane.
A one-listing market
With one active listing and no amenities surfacing from current MLS records, Penny Lane doesn't offer the shared-infrastructure story some Santa Rosa Beach communities lead with. What you're evaluating is a specific home in a specific location, not a lifestyle package built around pools, gates, or common grounds.
That can be a strength. Buyers who want to be near the Santa Rosa Beach area without buying into HOA-driven amenity costs may find the simplicity appealing. It also means diligence falls squarely on the individual property — you assess this house on its own merits, and on its proximity to the surrounding coast and corridor, rather than on community features that aren't documented here.
The location and the amenities are priced into every listing in Penny Lane. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this thin, generic comps mislead. We work Santa Rosa Beach and Walton County daily, so we can frame a single Penny Lane listing against the wider area, pressure-test the asking price against actual condition, and tell you plainly whether the number makes sense — or whether you're better off looking elsewhere in the region.
Penny Lane 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 Penny Lane 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 Penny Lane sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Penny Lane, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Penny Lane home worth?
Get a no-obligation home value based on real comparable sales in Penny Lane, 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 →
Recently off market in Penny Lane
Homes in Penny Lane 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. 1 on record.
- 51 Penny Lane · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton 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 · Walton 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.
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 (2026-10-02).
Frequently Asked Questions
Is Penny Lane a buyer's or seller's market right now?
How many homes are in Penny Lane?
What share of Penny Lane is owner-occupied?
When were the homes in Penny Lane built?
Who is the best real estate agent for Penny Lane?
How do I find a top Santa Rosa Beach real estate agent who knows Penny Lane?
Can Momentum Realty connect me with an agent for Penny Lane?
Where is Penny Lane, and what county is it in?
Should you buy in Penny Lane?
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 1, 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 2022 (3 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Penny Lane fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Penny Lane with Momentum Realty’s local guides.