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Dream Destin Realty

Santa Rosa Beach · Community

Draper Lake Coastal Village Homes for Sale

A gated village of 96 lots laid out with Duany Plater-Zyberk & Company across two wooded peninsulas on Draper Lake, with boathouses, two pools and a 48 foot observation tower in place of a beachfront address.

Updated

  • Gated

Short-term rentals: not allowed, per our brokerage's rental review.

Living in Draper Lake Coastal Village

Draper Lake Coastal Village was planned around water rather than around road frontage. The association describes 96 single family lots on about 40 acres across two wooded peninsulas divided by a tributary of Draper Lake and stitched back together by footbridges and trails, laid out in partnership with Duany Plater-Zyberk & Company under a regulating plan with its own architectural, urban and street standards. Scenic 30A runs along the northern edge, close enough that the northernmost addressed site sits roughly 60 feet from the highway and the middle of the village about 470 feet from it, while the lake occupies the ground on the other side. Draper Lake is one of the fifteen named coastal dune lakes in South Walton, about 38 acres in the federal hydrography record, which makes it larger than either Redfish lake to the east; Walton County's trail guide notes the covered bridge that carries the Timpoochee Trail across it between the fourth and fifth mileposts. The shared amenities face the water instead of a beach: two pools, boathouses that reach the lake, a 48 foot observation tower, and pedestrian trails linking the greenway through the property. Slips at the boathouses go to owners one apiece on a first-come basis, carry an annual charge, and do not pass with a sale. Owners also hold a beach cabana with its own parking, reached on foot or by bicycle through the west gates at Betty Street and Buddy Street; the nearest public alternative is the county's Gulfview Heights regional access, a little over four tenths of a mile off. What governs building here is unusually documented for a village this size. New construction and modifications go before a town architect under a published design code, approvals lapse after eighteen months if nothing is built, and every residential building must carry a fire sprinkler system. Above that private layer sits the county's own zoning, and it runs in the same direction: Walton County's own zoning map places the village under an adopted Traditional Neighborhood Development district, county Ordinance 2018-29, adopted December 2018, the public zoning counterpart to the private regulating plan rather than a separate or conflicting rule; the county's planning overlay layer and its municipality layer both return nothing at this ground, confirming the village sits on unincorporated land with no additional overlay district layered on top. Separately, Walton County maps a 300 foot band inland of Draper Lake's high water line under its resource protection standards, and 40 of the 61 dwelling sites the county has addressed inside this village fall within it, which is where a land clearing permit and a bar on shoreline armoring begin. Cedar siding and wood roofing carry the architectural theme the association traces to a 1930s landowner's family house at the lake.

HOA & Fees

What is the HOA fee at Draper Lake Coastal Village?

As of November 11, 2026, Draper Lake Coastal Village homes for sale that report a fee on the MLS list these HOA fees:

  • Single-family homes: $457 a month (3 listings)

Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

Based on 3 active MLS listings that report an HOA fee. Fees billed quarterly, twice a year or yearly are shown as a monthly equivalent.

  • Boathouses on Draper Lake with owner slips
  • 48 foot observation tower and two community pools
  • Footbridges and trails linking two peninsulas
  • Owners' beach cabana with parking, reached through the west gates

Live Inventory

Homes for Sale in Draper Lake Coastal Village

3

Active Listings

$2.43M

Median List Price

$995

Avg Price / Sqft

Live from today's Draper Lake Coastal Village MLS file. This count covers condos, townhomes and single-family homes only, the same dwelling basis the market page uses, so lots and land are left out. The median and $/sq ft beside it cover the same 3 listings.

Local Answers

Draper Lake Coastal Village FAQ

How much is the HOA fee at Draper Lake Coastal Village?

As of November 11, 2026, Draper Lake Coastal Village homes for sale that report a fee on the MLS list these HOA fees: single-family homes, $457 a month (3 listings). Fees vary by home type and section. Some homes also belong to a sub-association for their section, and a listing's fee may cover only one association, so confirm every association a home belongs to and what each one charges.

Can a home at Draper Lake Coastal Village be let to vacationers?

No, on the association's own published rules. Section 17 of its Rules and Regulations permits a lot to be leased only for a term of six months or longer, states that shorter terms are prohibited, requires the lot to be leased in its entirety including any accessory structures, and prohibits subleasing altogether. Leases must be in writing and bind the tenant to the governing documents. That is a community-level restriction, so it applies before the county's separate registration requirement is even reached. Rules can be amended, so read the current version and the recorded covenants against the specific lot.

What sits on the shared land inside the gates?

Two swimming pools, boathouses giving onto Draper Lake, a 48 foot observation tower, footbridges and pedestrian trails across the two peninsulas the village is built on, and a beach cabana with its own parking that owners reach on foot or by bicycle through the west gates at Betty Street and Buddy Street. Boathouse slips are allotted one to an owner on a first-come basis, carry an annual charge set in the budget, and do not transfer with a sale.

How much of this village sits inside the county's dune lake protection band?

Most of it. Tested point by point against Walton County's own mapped buffer layer, 40 of the 61 dwelling sites the county has addressed inside the village fall within the 300 foot band the code draws inland of Draper Lake's high water line. Inside that band the county requires a land clearing permit before anything is disturbed and prohibits seawalls, bulkheads, revetments and rip-rap. A separate private layer sits on top: new construction and modifications go to a town architect under the association's published design code, approvals expire after eighteen months, and a fire sprinkler system is required in every residential building.

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Sources

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