Water Oaks T/H
Homes for Sale in Santa Rosa Beach, FL

Water Oaks is a compact, uniformly built townhome enclave in Santa Rosa Beach — the kind of place where lock-and-leave simplicity and a manageable footprint are the draw, not sprawling square footage.

Emerald Coast MLS sales records identify 20 homes in WATER OAKS T/H that have changed hands since 2011, built between 2011 and 2014 (median 2012), with a median living area of about 1,567 sq ft and a typical 3-bedroom, 2.5-bath layout; 65% 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 T/H 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.

Water Oaks T/H 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 T/H specifically. Momentum Research analysis of MLS records.

• Van R Butler · Elementary
• Emerald Coast · Middle
• South Walton · High

Zoned schools reflect the assignments reported on recent Water Oaks T/H 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 T/H address.

The defining feature here is uniformity. Construction spans 2011 to 2021 with a median build year of 2012, and the typical unit runs about 1,464 square feet. That means most homes share a similar era of construction and a similar scale, so the meaningful differences between listings come down to interior updates, care, and placement within the community rather than dramatic size or age gaps.

No community amenities surface in the current MLS listings, so buyers should evaluate this as a straightforward townhome purchase — the value is in the unit itself and the Santa Rosa Beach location, not in a resort-style amenity package. With just 4 units active and an owner-occupied majority, expect limited choice at any given moment and be ready to move when the right one appears.

In a 49-home community with only a handful of listings live at once, pricing lives and dies on comps and condition. We track what actually trades inside Water Oaks, help sellers position against the true competition, and keep buyers ready to act in a market that rarely gives second chances at the same unit.