Riverwalk
Homes for Sale in Freeport, FL
All 353 homes for sale in Freeport, FL · median $421,074 · 358 homes for sale in 32439 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Riverwalk Ph I in Freeport, FL has 10 homes for sale and 2 pending, asking from $329,000 to $449,990 (median $358,902). Homes listed or recently sold were built 2022–2026 with 5 new construction; none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft).
17% of homes for sale in Riverwalk 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 (2026-09-19).
Riverwalk Ph I Market Scorecard
Riverwalk Ph I is currently a thin data market. Limited supply, a median asking price of $358,902, and homes go under contract in about 77 days.
Typical home value in the 32439 ZIP is $391,682, right around 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.
Homes For Sale Right Now in Riverwalk
Live MLS inventory for Riverwalk. 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 · 39 daysTop listing
Active · 100 days
Active · 164 days
Active · 172 days
Active · 36 days
Active · 20 days
Active · 164 days
Active · 5 days
Active · 54 days
Active · 286 days
Pending · 186 days
Pending · 45 daysActive and pending Riverwalk listings as of 2026-07-25, 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.
Riverwalk in Freeport is a small, phase-specific pocket, and the current picture is simple: 10 active listings and no community amenities that show up in the MLS data. With no shared pool, gate, or clubhouse feeding the value story, price here is driven by the home itself — condition, finishes, lot, and how a given owner has maintained the property. Expect a wide spread rather than a tidy price band, because you are comparing individual houses, not a resort package.
For buyers, that means the work is in the walkthrough, not the marketing. Two homes listed within days of each other can deserve very different offers. For sellers, the message is the same in reverse: you win on condition and presentation, not on amenities you don't have. With 10 homes competing, the well-prepped listing separates itself quickly and the deferred-maintenance one sits.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Riverwalk is a defined phase within Freeport, in Walton County, currently carrying 10 active listings with no amenities identified from the MLS. Treat it as a place where the specific house — not a community package — sets the value.
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 Riverwalk. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
RiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkPhotos from Emerald Coast MLS listings in Riverwalk; content deemed reliable but not guaranteed.
Who Riverwalk is best for.
Best for
- Buyers who prioritize the individual home's condition and lot over shared amenities
- Mainland-Freeport buyers who want to stay off the higher-priced beach corridor
- Value-focused buyers willing to do a careful comparison across a small active pool
Probably not for
- Buyers who require a pool, clubhouse, or gated entry from an HOA
- Buyers who need deep comparable-sales data before committing
- Buyers wanting beach-adjacent living rather than a mainland Walton County location
Riverwalk 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.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Freeport · Elementary
- Freeport · Middle
- Freeport · High
Zoned schools reflect the assignments reported on recent Riverwalk 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 Riverwalk address.
Shop the zone: Homes zoned for Freeport High School
The Riverwalk buying strategy.
If we were buying in Riverwalk 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 Riverwalk.
A condition-driven market, not an amenity one
Because no community amenities surface in the current listings, the usual amenity premium isn't part of the pricing equation here. That shifts all the weight onto the individual property: layout, updates, lot position, and upkeep. When you evaluate a home in Riverwalk, benchmark it against the other actively listed homes on those tangible features rather than assuming a shared standard.
Freeport sits on the mainland side of Walton County, which keeps it distinct from the beach-adjacent markets nearby. With a shallow pool of 10 active homes, comparable-sales work is thin and every new listing meaningfully changes the competitive set. That's exactly the situation where a careful, house-by-house read pays off more than a headline number.
The location and the amenities are priced into every listing in Riverwalk. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 10-listing phase with no amenity story to lean on, the value is in reading each house honestly and pricing it against a small, shifting comp set. We do that block by block in Freeport, and we'll tell you plainly when a specific listing is asking condition-money it hasn't earned — or when one is genuinely underpriced for what it is.
Riverwalk in 15 seconds.
Email me new listings in Riverwalk
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Riverwalk
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Riverwalk will answer, and the answer is published on this page for the next buyer.
What it really costs to own in Riverwalk
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,882/yr across 3 listings here (MLS tax records, 2026-11-06). |
|---|---|
| HOA dues | Median $140/month across 4 MLS listings (most billed quarterly; 2026-11-06). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2023 across 4 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Estimated carrying cost at the median asking price, before the mortgage: about $542/month (tax $240, HOA $140, insurance $162). An estimate from the sources above, not a quote.
HOA, CDD & Fees
- HOA dues reported around $140/month (about $1,684/yr) · median of 4 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $140 per month ($1,684 a year) — the median AssociationFee across 4 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-11.
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 Riverwalk 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 Riverwalk sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Riverwalk, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Riverwalk home worth?
Get a no-obligation home value based on real comparable sales in Riverwalk, 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 Riverwalk on the map →
Should you buy in Riverwalk?
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: July 25, 2026) |
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 Riverwalk Ph I
Development, infrastructure, retail, and school activity affecting Riverwalk Ph I, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The site is about 2 miles south of Riverwalk Ph I.
Source: Get The Coast - 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 22 miles east of Riverwalk Ph I, 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 project is about 23 miles east of Riverwalk Ph I, elsewhere in Walton County.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 7 miles north of Riverwalk Ph I.
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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More Freeport & Destin, Okaloosa & Walton (Emerald Coast) guides
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See how RIVERWALK PH I fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Riverwalk
Where is Riverwalk?
Riverwalk is a community in Freeport, Walton County, Florida.
Are there homes for sale in Riverwalk right now?
Yes — 10 active and 2 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Riverwalk have an HOA or CDD?
No HOA is on record for Riverwalk in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Last 30 days in Riverwalk: 2 new listings (median asking $351,005), 2 under contract right now. As of July 25, 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.
