Destin · Community
Emerald Bay Homes for Sale
A gated golf community on the Choctawhatchee Bay side of US 98 in east Destin, built around the Bob Cupp designed Emerald Bay course with bay water beyond its northern holes.
- Gated
- Golf
- Primarily residential
Living in Emerald Bay
Emerald Bay occupies its own gated footprint on the north side of US 98 in east Destin, where the community backs up to Choctawhatchee Bay rather than the Gulf. The gated entrance off the highway leads into streets built around the Bob Cupp designed Emerald Bay golf course, an 18 hole par 72 layout running through residential, wetland, and bayside surroundings with water views toward the bay. The scale stays simple: one course and a clubhouse at the center, its grille porch overlooking the 18th green, which keeps daily life inside the community easy to navigate. Sections inside the plan keep their own recorded documents, and Emerald Bay West, the 21 homesite pocket at the back of the course, publishes its covenants and restrictions, bylaws, and plat map for buyers to read before writing an offer. Because the community sits on the bay side of the highway, owners trade beach frontage for quicker mornings on the course and water to the north, with Destin's public beach accesses and the retail corridor along Emerald Coast Parkway reached by a short drive. Golf membership at Emerald Bay is handled by the club under its own terms, so buyers should confirm current membership availability directly rather than assume it follows the property. Leasing is a covenants question: read the current recorded documents before planning any rental use or writing an offer.
- Bob Cupp designed 18 hole course
- Gated entrance off US 98
- Choctawhatchee Bay beyond the northern holes
- Clubhouse grille overlooking the 18th green
Live Inventory
Homes for Sale in Emerald Bay
10
Active Listings
$868K
Median List Price
$338
Avg Price / Sqft
Live from today's Emerald Bay MLS file. This count applies no property-type filter, so it can run higher than the market page's dwelling-only count, which leaves out lots and land. The median and $/sq ft beside it cover the same 10 listings.

$700,000
674 Emerald Bay Drive
Destin, FL 32541

$248,000
144 Indigo Loop
Miramar Beach, FL 32550

$1,090,000
25 Garnet Place
Destin, FL 32541

$729,000
875 Indigo Loop
Miramar Beach, FL 32550

$875,000
29 Kristin Cove
Destin, FL 32541

$860,000
792 Indigo Loop
Miramar Beach, FL 32550

$1,425,000
1007 Emerald Bay Drive
Destin, FL 32541

$724,000
927 Emerald Bay Drive
Destin, FL 32541

$990,000
66 Garnet Place
Destin, FL 32541

$1,280,000
96 Garnet Place
Destin, FL 32541
Neighborhood Data
Emerald Bay at a Glance
1,422
Properties
$968K
Median Home Value
41%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Local Answers
Emerald Bay FAQ
Is Emerald Bay in Destin gated?
Yes. Okaloosa County's tourism department describes the course winding through the gated community of Emerald Bay, on the bay side of east Destin off US 98. Past the gate, the streets read far quieter than the highway corridor outside them.
Who designed the Emerald Bay golf course?
Bob Cupp designed the original course in 1991 and returned for a substantial redesign completed in 2014, an 18 hole par 72 layout that threads the community with Choctawhatchee Bay beyond its northern holes. Golf here runs as a private club membership rather than something that travels with a deed, so confirm current membership terms with the club directly.
Can owners in Emerald Bay rent their homes to vacationers?
Treat this as a covenants question rather than a reputation question: leasing rules can change and can differ by product type, so buyers planning any rental use should read the current recorded covenants and confirm details during diligence.
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Condo Buildings in This Market
- Silver Shells Beach ResortCondo building · Gulf-front
- Emerald Grande at HarborWalk VillageCondo building · Built 2007
- Sterling ShoresCondo building · Gulf-front · 160 units · Built 2001
- Pelican Beach ResortCondo building · Gulf-front · 339 units · Built 1998
- SunDestin Beach ResortCondo building · Gulf-front · 279 units · Built 1984
- Jade East TowersCondo building · Gulf-front · 88 units · Built 1996
Communities in This Market
Sources
- Destin-Fort Walton Beach, Okaloosa County Tourist Development Department: Emerald Bay Golf Club (accessed August 20, 2026)
- Emerald Bay West Homeowners Association (accessed August 20, 2026)
- Where2Golf: Emerald Bay Golf Club (accessed August 18, 2026)
Emerald Bay Market Analytics
Sale prices, trends, days on market, and inventory - refreshed monthly from MLS data.
Thinking about Emerald Bay?
Covenants, rental rules, resale history - get the neighborhood file from agents who work it.
