The Cove
Homes for Sale in Santa Rosa Beach, FL
All 844 homes for sale in Santa Rosa Beach, FL · median $1,162,500 · 875 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 September 2026, The Cove in Santa Rosa Beach, FL has 1 home for sale. As of September 2026, the MLS records 13 closed sales in The Cove in Santa Rosa Beach, FL since 2022, the most recent in June 2023. 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 | 20 (FL DOR 2025 assessment roll) |
| Years built | 2019–2022 (median 2021.5) |
| Typical living area | 3,129 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $1,600,000 |
| Owner-occupied (homestead) share | 25% |
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, “The Cove key facts,” movewithmomentum.com/neighborhoods/the-cove--walton, data as of September 20, 2026.
The Cove is a thin-inventory story right now. With a single active listing and no closings in the current window, there is no median price to anchor to and no recent comparable sale to argue from. In a market this small, price is set almost entirely by the individual home — its condition, its position within the community, and what the one seller is willing to accept.
For a buyer, that means patience and homework: you are negotiating against one listing, not a pattern, so your leverage comes from knowing that home cold rather than from market data. For a seller, it cuts the other way — with no recent closings to point to, pricing is a judgment call, and the right number will be defended by condition and presentation, not by a stack of neighborhood comps.
The 60-Second Overview
The Cove sits in Santa Rosa Beach, in Walton County, and reads as a very small, quiet pocket rather than a large planned community. With inventory this thin, it rewards buyers who already know they want to be here.
Emerald Coast MLS sales records identify 10 homes in The Cove that have changed hands since 2022, built between 2022 and 2022 (median 2022), with a median living area of about 2,830 sq ft and a typical 4-bedroom, 4.5-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.
Who The Cove is best for.
Best for
- Buyers set on this specific Santa Rosa Beach pocket who can act on the one available listing
- Cash or well-qualified buyers comfortable pricing a home on condition rather than comps
- Those who want a quiet location and do not need community amenities
Probably not for
- Buyers who want several comparable homes to tour and weigh against each other
- Anyone who needs a documented sales history to feel confident on price
- Those looking for shared amenities, since none surface from current listings
The market around The Cove
The Cove 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 The Cove specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in The Cove, 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 The Cove
Live MLS inventory for The 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 and pending The Cove 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.
Every Home for Sale in The Cove Walton Right Now (1)
All 1 active and pending The Cove Walton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 58 W Carefree Lane · $1,600,000 · 4 bd / 4.5 ba · listed Jun 27, 2026 · listed by Christies International Real Estate Emerald Coast
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 The 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 The Cove address.
Shop the zone: Homes zoned for South Walton High School
The The Cove buying strategy.
If we were buying in The 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.
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 The Cove.
A one-listing market
The defining fact about The Cove today is scarcity of data. One active listing and zero recent closings means there is no trend line, no absorption rate worth quoting, and no reliable spread to describe. Everything here is condition-driven and property-specific.
No community amenities surface from current MLS listings, so the appeal is location and the home itself rather than shared facilities. Treat any single number you hear about this community with caution — with a sample this small, one sale would move the whole picture.
The location and the amenities are priced into every listing in The Cove. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with one listing and no recent closings, generic pricing tools have nothing to work with. We underwrite the specific home in front of you — condition, position, and how it stacks against alternatives in the broader Santa Rosa Beach area — instead of leaning on comps that do not exist here.
The 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 The 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 The Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The 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 The Cove home worth?
Get a no-obligation home value based on real comparable sales in The 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 Santa Rosa Beach →
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 (2026-09-21).
Frequently Asked Questions
How many homes are in The Cove?
What share of The Cove is owner-occupied?
When were the homes in The Cove built?
Who is the best real estate agent for The Cove?
How do I find a top Santa Rosa Beach real estate agent who knows The Cove?
Can Momentum Realty connect me with an agent for The Cove?
Where is The Cove, and what county is it in?
Should you buy in The 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: July 25, 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 (13 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 The Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
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