Timberlake Estates
Homes for Sale in Mary Esther, FL
All 67 homes for sale in Mary Esther, FL · median $324,900 · 74 homes for sale in 32569 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, the MLS records 60 closed sales in Timberlake Estates 1ST Addn in Mary Esther, FL since 1993, the most recent in July 2026. Across Mary Esther as a whole, 145 homes closed in the last 12 months at a median of $319,900, 70 median days on market, with 51 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,130 ($3,620 with the full homestead exemption).
| Location | Mary Esther, Okaloosa County, FL · ZIP 32569 |
|---|---|
| Homes in the community | 87 (FL DOR 2025 assessment roll) |
| Years built | 1981–1994 (median 1987) |
| Typical living area | 2,113 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 75% |
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, “TIMBERLAKE ESTATES 1ST ADDN key facts,” movewithmomentum.com/neighborhoods/timberlake-estates-1st-addn, data as of September 20, 2026.
Timberlake Estates 1st Addn is a mature Mary Esther pocket of 87 homes built between 1981 and 1994, with the typical house dating to around 1987 and running near 2,113 square feet. With no community amenities identified in current MLS listings, price here is driven by the house itself — condition, updates, and how much of the original build has been touched over the last several decades. Two homes closely spec'd on paper can trade well apart depending on roof, systems, and kitchen or bath work.
This is a small, established neighborhood, so inventory moves in a trickle rather than a wave. That thin flow cuts both ways: sellers who bring an updated, well-maintained home to market face limited direct comparison, while buyers should expect to wait for the right listing rather than choose from a shelf of options. Underwrite each home on its own merits, not on a neighborhood average.
Nearby homes for sale
No active listings inside TIMBERLAKE ESTATES 1ST ADDN right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
A modest-sized, owner-occupied-leaning subdivision in Mary Esther where roughly three-quarters of homes carry a homestead exemption, signaling long-hold ownership rather than a rental-heavy turnover market.
Emerald Coast MLS sales records identify 53 homes in TIMBERLAKE ESTATES that have changed hands since 2001, built between 1981 and 1994 (median 1986), with a median living area of about 1,714 sq ft and a typical 3-bedroom, 2-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.
County records show 6 qualified sales in TIMBERLAKE ESTATES across 2024–2025 (3 in 2024, 3 in 2025), median $365,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Timberlake Estates is best for.
Best for
- Buyers comfortable with a 1980s-90s home who will invest in updates over time
- Owner-occupants planning a long hold rather than a quick flip
- Buyers who want established Mary Esther square footage and will wait for the right listing
Probably not for
- Buyers who need to choose from many active listings right away
- Anyone wanting HOA amenities like a pool or clubhouse on-site
- Buyers seeking brand-new construction with no near-term maintenance
The market around Timberlake Estates
Timberlake Estates is too small for its own price trend, so here is the market around it.
In ZIP 32569, 115 homes are on the market and 31% are under contract — a fast-moving corner of Mary Esther.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32569 (Mary Esther), 304 homes closed in the last 12 months at a median of $325K ($218/sq ft), up 0.1% year over year, with a median 51 days on market. Right now 77 active and 41 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32569 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Timberlake Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in TIMBERLAKE ESTATES 1ST ADDN, Mary Esther
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.
Recent Developments in Timberlake Estates 1st Addn
Development, infrastructure, retail, and school activity affecting Timberlake Estates 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- 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 2 miles northeast of Timberlake Estates 1st Addn.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 19 miles north of Timberlake Estates 1st Addn, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 16 miles north of Timberlake Estates 1st Addn, elsewhere in Okaloosa County.
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.
The Timberlake Estates buying strategy.
If we were buying in Timberlake Estates 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 Timberlake Estates.
A condition-driven resale market
The build window is tight — 1981 to 1994 — so the housing stock is broadly consistent in era, with a median size just over 2,100 square feet. What varies is not the bones but the upkeep. In a neighborhood this age, the difference between a home that has had its roof, HVAC, and windows addressed and one that hasn't is the single biggest factor in what it sells for. Buyers should budget for inspection and be specific about system ages; sellers should document what they've replaced.
The homestead share near 75% tells you this is largely a live-in community rather than an investor block. That tends to correlate with homes that have been maintained for ownership, but it also means turnover is limited and each sale carries weight. There are no shared amenities to prop up value, so the location within Mary Esther and Okaloosa County, plus the individual home's updates, do the work.
The location and the amenities are priced into every listing in Timberlake Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, condition-driven neighborhood, generic pricing models fall apart — the median tells you almost nothing about what a specific updated or dated home should trade for. We price and evaluate each house on its actual systems and improvements, help buyers read what a 1980s-era home really needs, and help sellers document the work that separates their home from the pack.
Timberlake Estates 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 Timberlake Estates 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 Timberlake Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Timberlake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Timberlake Estates home worth?
Get a no-obligation home value based on real comparable sales in Timberlake Estates, 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 Mary Esther →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa 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 · Okaloosa 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.
Frequently Asked Questions
How many homes are in Timberlake Estates?
What share of Timberlake Estates is owner-occupied?
When were the homes in Timberlake Estates built?
Who is the best real estate agent for Timberlake Estates?
How do I find a top Mary Esther real estate agent who knows Timberlake Estates?
Can Momentum Realty connect me with an agent for Timberlake Estates?
Where is Timberlake Estates, and what county is it in?
Should you buy in Timberlake Estates?
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 (2 streets, ZIP 32569)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1993 (60 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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See how TIMBERLAKE ESTATES 1ST ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Timberlake Estates with Momentum Realty’s local guides.