Water Oaks
Homes for Sale in Santa Rosa Beach, FL
All 760 homes for sale in Santa Rosa Beach, FL · median $1,127,500 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Water Oaks in Santa Rosa Beach, FL has 1 home for sale. Homes listed or recently sold were built 2012–2014; 3 of 3 report an HOA (median $51/mo).
Last 30 days in Water Oaks: 1 new listing (median asking $400,000). As of November 13, 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.
Water Oaks is a small, relatively young community — 49 homes built between 2011 and 2021, with the typical home dating to around 2012. At a median living area near 1,464 square feet, this is a compact-footprint neighborhood, so what moves price here is condition, finish level, and how a given floor plan uses its square footage rather than sheer size. Expect a wide spread from home to home based on those factors.
With just 2 active listings and 2 closings in the recent window, this is a thin market in both directions. For sellers, that scarcity can work in your favor when a well-presented home hits the market. For buyers, it means patience — inventory is limited, and when the right home appears you should be ready to move rather than wait for the next one.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Water Oaks 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 November 9, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 14, 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
Water Oaks is a newer, small-scale enclave in Santa Rosa Beach where homes trend toward efficient, modern footprints. With an owner-occupancy share just over 60%, it reads as a settled community rather than a pure rental play.
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 Water Oaks. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Water Oaks
Water Oaks
Water OaksPhotos from Emerald Coast MLS listings in Water Oaks; content deemed reliable but not guaranteed.
Who Water Oaks is best for.
Best for
- Buyers prioritizing newer construction and lower-maintenance living over sprawl
- Those wanting a Santa Rosa Beach address in a small, cohesive neighborhood
- Owner-occupants comfortable with a compact, efficient floor plan
Probably not for
- Buyers who need substantial square footage or multi-wing layouts
- Anyone whose short list requires pools, clubhouses, or gated amenities
- Shoppers who want abundant inventory and time to compare many options
The market around Water Oaks
Water Oaks is too small for its own price trend, so here is the market around it.
Across Walton County, 2,879 homes are active and 587 pending (17% under contract).
ZIP and county figures describe the wider market, not Water Oaks specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Water Oaks
Live MLS inventory for Water Oaks. 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 Water Oaks listings as of 2026-11-13, 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.
Water Oaks 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
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Water Oaks 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 Water Oaks address.
Shop the zone: Homes zoned for South Walton High School
The Water Oaks buying strategy.
If we were buying in Water Oaks 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 Water Oaks.
A compact-footprint newer community
The construction window here is tight — nothing predates 2011, and the newest homes reach 2021 — which means buyers are largely working with post-2010 systems, layouts, and finishes. The median living area near 1,464 square feet points to a neighborhood built around efficient plans, so the smart questions are about how each home handles storage, flex space, and outdoor living rather than raw room count.
No community amenities surface in the current MLS listings, so value here rests on the homes themselves and the Santa Rosa Beach location. With owner-occupancy just above 60%, the balance leans toward long-term ownership without shutting out those looking at the home as an investment.
The location and the amenities are priced into every listing in Water Oaks. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 49-home community with only a couple of active listings, local read matters more than a portal search. We track what actually trades in Water Oaks, how condition and finish are pricing out, and what a fair number looks like when comparables are scarce — so you are not guessing on either side of the table.
Water Oaks in 15 seconds.
Tools for a Water Oaks 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 Water Oaks sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Water Oaks, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Water Oaks home worth?
Get a no-obligation home value based on real comparable sales in Water Oaks, 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 →
Recently off market in WATER OAKS
Homes in WATER OAKS that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 19 E Shady Oaks Lane #E · off market
- 191 Water Oaks Loop · off market
Housing distress & ownership in WATER OAKS, 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.
Every Home for Sale in Water Oaks Right Now (1)
All 1 active and pending Water Oaks listings with a detail page, newest first, refreshed twice a day from the MLS.
- 172 Water Oaks Loop · $400,000 · 3 bd / 2.5 ba · listed Nov 6, 2026 · listed by The Agency Northwest Florida Beaches
More Santa Rosa Beach home searches
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- Santa Rosa Beach home values: what is my house worth?
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Santa Rosa Beach guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Water Oaks Loop (19 homes on record)
- Water Oaks Loop (2 homes on record)
Email me new listings in Water Oaks
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 Water Oaks
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Water Oaks will answer, and the answer is published on this page for the next buyer.
17% 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 (2026-11-11).
Frequently Asked Questions
Is Water Oaks a buyer's or seller's market right now?
Who is the best real estate agent for Water Oaks?
How do I find a top Santa Rosa Beach real estate agent who knows Water Oaks?
Can Momentum Realty connect me with an agent for Water Oaks?
Where is Water Oaks, and what county is it in?
Should you buy in Water Oaks?
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: November 13, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how WATER OAKS fits the bigger picture — live prices, inventory, and Momentum Scores: