Sierra Dunes at Tops'l in Miramar Beach

Sierra Dunes at Tops'l
Homes for Sale in Miramar Beach, FL

All 680 homes for sale in Miramar Beach, FL · median $659,000 · 685 homes for sale in 32550 · Walton County homes for sale

Community in Miramar Beach · Walton County · ZIP 32550
16 homesBuilt 1996–1998
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data23 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Sierra Dunes at Tops'l in Miramar Beach, FL has 1 home for sale. As of October 2026, the MLS records 7 closed sales in Sierra Dunes at Tops'l in Miramar Beach, FL since 2003, the most recent in September 2024. Across Miramar Beach as a whole, 375 homes closed in the last 12 months at a median of $777,500, 108 median days on market, with 314 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $7,590 ($7,200 with the full homestead exemption).

SIERRA DUNES AT TOPS'L key facts
LocationMiramar Beach, Walton County, FL · ZIP 32550
Homes in the community16 (FL DOR 2025 assessment roll)
Years built1996–1998 (median 1997.0)
Typical living area2,212 sq ft (median)
Amenities listed by sellersDeed Access, Exercise Room, Gated, Handball, Pets Allowed, Playground
For sale right now1 active, 0 pending · median asking $920,000
Owner-occupied (homestead) share12%

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, “SIERRA DUNES AT TOPS'L key facts,” movewithmomentum.com/neighborhoods/sierra-dunes-at-tops-l, data as of September 20, 2026.

Live · Sierra Dunes at Tops'l Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Walton: 18% (698 of 3,872)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
12%
Owner-occupied · Sierra Dunes at Tops'l
2 of 16 parcels homesteaded (FL DOR 2025)
88%
Non-owner-occupied · Sierra Dunes at Tops'l
incl. 25% trust or LLC-held · 62% out-of-state
16
Homes in the community
16 residential parcels (FL DOR 2025)
Track record · 23 years of records
Est. 1996
Community established
homes built 1996-1998, median 1997 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Sierra Dunes at Tops'l is a small pocket within the larger Tops'l area of Miramar Beach, and right now the market here is thin: one active listing. With inventory this limited, there is no meaningful spread to read from — price is going to be driven by the condition, exact location, and specifics of whatever single unit is on the market, not by any broad neighborhood trend line.

For a buyer, that means patience and readiness matter more than negotiation leverage; when only one option exists, you either want it or you wait for the next one. For a seller, low competing supply is a genuine advantage, but it cuts both ways — with almost nothing else trading, pricing has to lean on comparable sales and honest condition assessment rather than a stack of live listings.

The 60-Second Overview

Sierra Dunes sits inside the Tops'l area of Miramar Beach in Walton County, a coastal setting where the appeal is location first. With current MLS data showing no community amenities identified, buyers should evaluate this as a place-and-property decision rather than an amenity-package one.

Emerald Coast MLS sales records identify 6 homes in SIERRA DUNES AT TOPS'L that have changed hands since 2016, built between 1996 and 1997 (median 1997), with a median living area of about 1,837 sq ft and a typical 3-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.

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.

Best for

  • Coastal buyers committed to the Tops'l area of Miramar Beach who can act decisively when a unit lists
  • Second-home or investment buyers focused on location value over on-site amenities
  • Sellers who want to list into a low-competition window and price against coastal comps

Probably not for

  • Buyers who need several comparable listings to shop side by side before deciding
  • Anyone whose budget or timeline depends on a predictable, high-turnover market
  • Buyers wanting a defined on-site amenity package, which current listings don't identify

The market around Sierra Dunes at Tops'l

Sierra Dunes at Tops'l is too small for its own price trend, so here is the market around it.

In ZIP 32550, 802 homes are on the market and 9% are under contract — a slower corner of Miramar Beach.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32550 (Miramar Beach), 530 homes closed in the last 12 months at a median of $729K, up 3.7% year over year, with a median 99 days on market. Right now 355 active and 39 pending listings put supply at about 9.8 months — a soft market. See the live ZIP 32550 housing market and the Walton County market.

ZIP and county figures describe the wider market, not Sierra Dunes at Tops'l specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in SIERRA DUNES AT TOPS'L, Miramar Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 16 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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 Sierra Dunes at Tops'l

Live MLS inventory for Sierra Dunes at Tops'l. 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 Sierra Dunes at Tops'l 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 Sierra Dunes At Tops L Right Now (1)

All 1 active and pending Sierra Dunes At Tops L listings with a detail page, newest first, refreshed twice a day from the MLS.

Schools

In short
  • 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 Sierra Dunes at Tops'l 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 Sierra Dunes at Tops'l address.

If we were buying in Sierra Dunes at Tops'l today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Sierra Dunes at Tops'l.

Best Buy
Buyers set on the Tops'l and Miramar Beach coast who can move on the right single unit.
Biggest Risk
With one listing, there is no data depth and little choice.
Sweet Spot
A well-conditioned unit priced honestly against nearby coastal comps.
Avoid If
You need options to compare or a specific amenity package on site.

A one-listing market

The defining fact here is scale. A single active listing tells you this is a low-turnover corner of Miramar Beach, and it means the usual data tools — days-on-market averages, price bands, absorption rates — simply don't have enough sample to be reliable. Anyone shopping this community is really shopping one property at a time.

Because current listings surface no identified community amenities, the value case rests on the Tops'l and Miramar Beach location and on the individual unit itself. That puts the burden on due diligence: understand what the specific property offers, what the association covers, and how the price compares to nearby coastal sales rather than to a neighborhood average that doesn't exist at this volume.

“

The location and the amenities are priced into every listing in Sierra Dunes at Tops'l. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, generic search tools fall short — one listing can't be averaged into a trend. We track Tops'l and the wider Miramar Beach coast closely, so we can tell you how a single Sierra Dunes property actually stacks up against comparable coastal sales, what to verify before you write an offer, and when the smarter move is to wait for the next unit to surface.

Sierra Dunes at Tops'l in 15 seconds.

Best forBuyers set on the Tops'l and Miramar Beach coast who can move on the right single unit.
Biggest advantageLow competing supply gives a seller room; a buyer who acts gets a scarce foothold.
Biggest riskWith one listing, there is no data depth and little choice.
Sweet spotA well-conditioned unit priced honestly against nearby coastal comps.
Avoid ifYou need options to compare or a specific amenity package on site.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Sierra Dunes at Tops'l homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Sierra Dunes at Tops'l.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Sierra Dunes at Tops'l sales matched to your home.

What is your Sierra Dunes at Tops'l home worth?

Get a no-obligation home value based on real comparable sales in Sierra Dunes at Tops'l, 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 Miramar Beach →

Real comps, not an automated estimate.
How much local inventory is already under contract

11% of homes for sale in ZIP 32550 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 (2026-09-30).

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.

$3,772/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

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.

Frequently Asked Questions

How many homes are in Sierra Dunes at Tops'l?
The Florida DOR 2025 assessment roll shows 16 homes in Sierra Dunes at Tops'l (public records).
What share of Sierra Dunes at Tops'l is owner-occupied?
12% of Sierra Dunes at Tops'l parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Sierra Dunes at Tops'l built?
Homes in Sierra Dunes at Tops'l were built between 1996 and 1998, with a median year built of 1997.0 (FL DOR 2025 roll).
Who is the best real estate agent for Sierra Dunes at Tops'l?
The best agent for Sierra Dunes at Tops'l is one who actively works Miramar Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Sierra Dunes at Tops'l.
How do I find a top Miramar Beach real estate agent who knows Sierra Dunes at Tops'l?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Sierra Dunes at Tops'l and the wider Miramar Beach area.
Can Momentum Realty connect me with an agent for Sierra Dunes at Tops'l?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Sierra Dunes at Tops'l purchase or sale - no call center and no pressure.
Where is Sierra Dunes at Tops'l, and what county is it in?
Sierra Dunes at Tops'l is in Miramar Beach, Walton County, FL, ZIP 32550.
Coastal buyers committed to the Tops'l area of Miramar Beach who can act decisively when a unit listsExcellent fit
Second-home or investment buyers focused on location value over on-site amenitiesExcellent fit
Sellers who want to list into a low-competition window and price against coastal compsExcellent fit
Buyers who need several comparable listings to shop side by side before decidingProbably not
Anyone whose budget or timeline depends on a predictable, high-turnover marketProbably not
Buyers wanting a defined on-site amenity package, which current listings don't identifyProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32550))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2003 (7 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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Nearby Communities

Explore more neighborhoods near Sierra Dunes at Tops'l with Momentum Realty’s local guides.

Captiva At Tops L (Walton)0.1 mi away · 1 for saleCACaptiva At Tops L0.1 mi awaySummit At Tops L0.1 mi away · median $508K, 6 sales/12 moLuau0.2 mi awayLuau I0.2 mi away · median $381K, 5 sales/12 moLILuau Ii (Okaloosa)0.2 mi awayLuau Ii0.2 mi away · median $578K, 4 sales/12 mo

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