Water Oaks
Homes for Sale in Santa Rosa Beach, FL
All 855 homes for sale in Santa Rosa Beach, FL · median $1,150,000 · 865 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 October 2026, Water Oaks in Santa Rosa Beach, FL has 2 homes for sale. Homes listed or recently sold were built 2012–2021; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 19 ft).
| Location | Santa Rosa Beach, Walton County, FL · ZIP 32459 |
|---|---|
| Homes in the community | 49 (FL DOR 2025 assessment roll) |
| Years built | 2011–2021 (median 2012) |
| Typical living area | 1,464 sq ft (median) |
| Amenities listed by sellers | Short Term Rental - Not Allowed |
| For sale right now | 2 active, 0 pending · median asking $367,000 · 12.0 months of supply |
| Owner-occupied (homestead) share | 61% |
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, “WATER OAKS key facts,” movewithmomentum.com/neighborhoods/water-oaks, data as of September 20, 2026.
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.
Water Oaks right now
🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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 (2 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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.
Emerald Coast MLS sales records identify 22 homes in WATER OAKS that have changed hands since 2012, built between 2011 and 2021 (median 2013), with a median living area of about 1,422 sq ft and a typical 3-bedroom, 2-bath layout; 95% 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 3 qualified sales in WATER OAKS across 2024–2025 (2 in 2024, 1 in 2025), median $420,000 — 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.
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
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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.
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 Water Oaks specifically. Momentum Research analysis of MLS records.
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.
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 2026-10-01, 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 Water Oaks Right Now (2)
All 2 active and pending Water Oaks listings with a detail page, newest first, refreshed twice a day from the MLS.
- 191 Water Oaks Loop · $435,000 · 3 bd / 2.5 ba · listed Jul 2, 2026 · listed by Anchor Realty Florida
- 19 E Shady Oaks Lane #E · $299,000 · 3 bd / 2.5 ba · listed Jul 2, 2026 · listed by EXP Realty LLC
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, tiles © CARTO.
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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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.
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 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 →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton 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.
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 (2026-10-02).
Frequently Asked Questions
Is Water Oaks a buyer's or seller's market right now?
How many homes are in Water Oaks?
What share of Water Oaks is owner-occupied?
When were the homes in Water Oaks built?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (31 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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how WATER OAKS fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Water Oaks with Momentum Realty’s local guides.