Tranquility by the Bay in Santa Rosa Beach

Tranquility by the Bay
Homes for Sale in Santa Rosa Beach, FL

All 848 homes for sale in Santa Rosa Beach, FL · median $1,135,000 · 878 homes for sale in 32459 · Walton County homes for sale

Community in Santa Rosa Beach · Walton County · ZIP 32459
15 homesBuilt 2016–2021
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True comps, carrying-cost math, and listings before the portals.

Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data10 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Tranquility By the Bay in Santa Rosa Beach, FL has 1 home for sale. Homes listed or recently sold were built 2017–2017.

TRANQUILITY BY THE BAY key facts
LocationSanta Rosa Beach, Walton County, FL · ZIP 32459
Homes in the community15 (FL DOR 2025 assessment roll)
Years built2016–2021 (median 2016)
Typical living area2,078 sq ft (median)
Amenities listed by sellersPool, Short Term Rental - Not Allowed, TV Cable
For sale right now1 active, 0 pending · median asking $399,900 · 6.0 months of supply
Owner-occupied (homestead) share67%

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, “TRANQUILITY BY THE BAY key facts,” movewithmomentum.com/neighborhoods/tranquility-by-the-bay, data as of September 20, 2026.

Live · Tranquility by the Bay Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
6.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Walton: 18% (698 of 3,872)
1 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · Tranquility by the Bay
10 of 15 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Tranquility by the Bay
incl. 20% trust or LLC-held · 33% out-of-state
15
Homes in the community
15 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2016
Community established
homes built 2016-2021, median 2016 (FL DOR 2025)
13.3%/yr
Turnover rate
about 2 of 15 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tranquility by the Bay is a small pocket in Santa Rosa Beach, and the current snapshot reflects that scale: one active listing and only a couple of closings in the recent window. With inventory this thin, there is no meaningful "market rate" to lean on — price here is set property by property, driven by condition, position, and whatever the single available home happens to offer rather than by a deep pool of comparable sales.

For a buyer, that means patience and readiness. When a home does come up, you are often negotiating against the seller's expectations rather than a stack of competing listings, so your leverage depends heavily on the specifics of that one property. For a seller, the flip side holds: with almost nothing else on the market inside the community, a well-prepared home has room to stand alone — but it will still be measured against the broader Santa Rosa Beach area, not just its immediate neighbors.

Tranquility by the Bay Housing Pulse · Momentum Research · as of September 20, 2026

Tranquility by the Bay right now

🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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, 2 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 29, 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

This is a low-volume community where a single listing and a handful of recent closings tell most of the story. Treat it as a spot to watch and move on quickly rather than a market you can shop at leisure.

Emerald Coast MLS sales records identify 15 homes in TRANQUILITY BY THE BAY that have changed hands since 2016, built between 2016 and 2020 (median 2017), with a median living area of about 1,860 sq ft and a typical 3-bedroom, 2.5-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.

Best for

  • Buyers targeting Santa Rosa Beach who can stay patient and act fast when a listing surfaces
  • Sellers with a well-maintained home who benefit from having little in-community competition
  • Buyers comfortable judging value against the wider area rather than a stack of internal comps

Probably not for

  • Shoppers who want several homes to compare at once
  • Buyers on a tight closing deadline who cannot wait for inventory to appear
  • Anyone whose priority is shared community amenities, which are not identified here

The market around Tranquility by the Bay

Tranquility by the Bay 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 Tranquility by the Bay specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in TRANQUILITY BY THE BAY, Santa Rosa 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 2 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-26)

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 Tranquility by the Bay

Live MLS inventory for Tranquility by the Bay. 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 Tranquility by the Bay listings as of 2026-09-28, 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 Tranquility By The Bay Right Now (1)

All 1 active and pending Tranquility By The Bay listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 46 Tranquility Lane · $399,900 · 3 bd / 2.5 ba · listed Jun 30, 2026 · listed by All American Realty and Investment Group PLLC

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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 Tranquility by the Bay 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 Tranquility by the Bay address.

If we were buying in Tranquility by the Bay 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 Tranquility by the Bay.

Best Buy
Buyers who want a Santa Rosa Beach address and are willing to wait for the right single listing.
Biggest Risk
Thin inventory and few comps make pricing harder to benchmark.
Sweet Spot
A ready buyer paired with a well-prepared home in a market with almost no internal competition.
Avoid If
You need to choose from multiple homes or move on a fixed timeline.

A thin-inventory micro-market

With one active listing and only two closings in the recent window, there is not enough transaction volume to draw firm trend lines. No community amenities surface from the current MLS listings, so the case for buying here rests on the home itself and on the Santa Rosa Beach and Walton County location rather than on shared facilities.

Practically, that puts more weight on your own diligence. Pricing has to be judged against the wider area, condition matters more when there are few internal comps, and timing is unpredictable — the next opportunity may be the only one for a while. Anyone serious about this community should be set up to act when a listing appears rather than waiting for a selection to build.

“

The location and the amenities are priced into every listing in Tranquility by the Bay. 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 community this small, the value we add is context and speed. We track the handful of listings and closings as they happen, help you read a single property against the broader Santa Rosa Beach market where in-community comps are scarce, and position you to move the moment something fits — whether you are buying into a thin market or selling a home that will effectively stand on its own.

Tranquility by the Bay in 15 seconds.

Best forBuyers who want a Santa Rosa Beach address and are willing to wait for the right single listing.
Biggest advantageLow competition inside the community when a home does become available.
Biggest riskThin inventory and few comps make pricing harder to benchmark.
Sweet spotA ready buyer paired with a well-prepared home in a market with almost no internal competition.
Avoid ifYou need to choose from multiple homes or move on a fixed timeline.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Tranquility by the Bay 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 Tranquility by the Bay.
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 Tranquility by the Bay sales matched to your home.

What is your Tranquility by the Bay home worth?

Get a no-obligation home value based on real comparable sales in Tranquility by the Bay, 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 →

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

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 (2026-09-29).

Frequently Asked Questions

Is Tranquility by the Bay a buyer's or seller's market right now?
As of September 20, 2026, Tranquility by the Bay is roughly balanced: 6.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Tranquility by the Bay?
The Florida DOR 2025 assessment roll shows 15 homes in Tranquility by the Bay (public records).
What share of Tranquility by the Bay is owner-occupied?
67% of Tranquility by the Bay parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Tranquility by the Bay built?
Homes in Tranquility by the Bay were built between 2016 and 2021, with a median year built of 2016 (FL DOR 2025 roll).
Who is the best real estate agent for Tranquility by the Bay?
The best agent for Tranquility by the Bay is one who actively works Santa Rosa 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 Tranquility by the Bay.
How do I find a top Santa Rosa Beach real estate agent who knows Tranquility by the Bay?
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 Tranquility by the Bay and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for Tranquility by the Bay?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tranquility by the Bay purchase or sale - no call center and no pressure.
Where is Tranquility by the Bay, and what county is it in?
Tranquility by the Bay is in Santa Rosa Beach, Walton County, FL, ZIP 32459. The community's center is about 8 miles northwest of the center of Santa Rosa Beach (straight-line).
Buyers targeting Santa Rosa Beach who can stay patient and act fast when a listing surfacesExcellent fit
Sellers with a well-maintained home who benefit from having little in-community competitionExcellent fit
Buyers comfortable judging value against the wider area rather than a stack of internal compsExcellent fit
Shoppers who want several homes to compare at onceProbably not
Buyers on a tight closing deadline who cannot wait for inventory to appearProbably not
Anyone whose priority is shared community amenities, which are not identified hereProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 28, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32459))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2016 (23 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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Nearby Communities

Explore more neighborhoods near Tranquility by the Bay with Momentum Realty’s local guides.

Driftwood Shores0.1 mi away · 225 homes, built 1963–24, 2 for saleHatchee Shores0.1 mi away · 78 homes, built 1970–24, 1 for saleNellie Preserve0.2 mi away · median $499K, 9 sales/12 moEden Bay Estates0.4 mi away · 13 homes, built 1986–24Southern Pines (Walton)0.6 mi away · 34 homes, built 2019–20, 1 for saleTomahawk Landing0.7 mi away · 92 homes, built 1966–24Holly Pines Estates0.8 mi away · 10 homes, built 1995–17, 1 for sale

Browse all neighborhood guides →

Thinking of selling in TRANQUILITY BY THE BAY? 2 recorded closings (window ending 2026-09-20). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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