*2.25% FIXED VA ASSUMABLE RATE!* Seller's mortgage is only $2,236.45/month! WOW!! This home is *THE ONE* you've been waiting & searching for! It's nestled inside the prestigious & gated community of PARKWOOD ESTATES which is located within the desirable BLUEWATER BAY AREA of Niceville and just 20 minutes over the mid-bay bridge from the pristine beaches along the Gulf of America in Destin! This beautiful, picture perfect 4BR/2.5BA/1,905 SF home is ready for new owners to enjoy all that it has to offer! It displays the sweetest *Southern Charm* and features a BRAND NEW ROOF (February 2025), 2021 HVAC unit (gas furnace), a 2021 gas water heater, gas stove/oven, and a gas fireplace! There's no carpet in the home and only tile or hardwood flooring! The kitchen features granite countertops, stainless steel kitchen appliances, painted white cabinets, a pantry/laundry room, and a large eat-in nook area with French doors leading out onto the massive upper & lower wooden deck within the fully privacy fenced backyard that is perfect for outdoor entertainment! Around the corner from the tiled kitchen is a tiled half bathroom, a separate formal dining room with hardwood flooring, and a spacious living room with hardwood flooring, large windows looking out to the backyard, and built-in shelving on both sides of the gas fireplace.
*Upstairs:
Up the new hardwood stairwell, take notice to the new hardwood flooring throughout the hallway and 4 bedrooms. (No more carpet!) The first bedroom on the right is a double bedroom. It used to be 2 separate bedrooms and could easily be turned back into being 2 separate bedrooms. This double room includes 2 closets, 2 windows, and 2 ceiling fans. Both rooms were recently accented with board and batten installed as accent walls. Down and across the hall is another bedroom with a bay window providing ample natural light. Continue down the hall and on the right is a tiled full guest bathroom that was beautifully and completely remodeled in 2022. At the end of the hall is the spacious master bedroom that was recently enhanced with new board and batten as an accent wall. It includes 2 separate walk-in master closets with one of the closets having access to an unfinished 11x10 space above the garage that can be used for storage or could be remodeled into whatever you would want it to be such as an extension of the current master closet, an office, nursery, gym, etc... The master bathroom includes tiled flooring, double sinks, a whirlpool tub, and a separate shower/toilet room.
*Outback:
The backyard allows you to feel as if you're in a beautiful tree house! It invites you to rest & relax and/or enjoy entertaining & spending time with your family/friends while hanging out on the expansive 26x20 upper deck and 28x19 lower deck. There's a brick paved area off to the right that is perfect for grilling and/or gathering around a firepit. The backyard is fully privacy fenced and contains a well pumped irrigation system for both the backyard & front yard.
*Exterior Features:
February 2025 dimensional shingle roof, gutters, vinyl siding, 6-car brick paved driveway, full yard irrigation system (well pump), 26x20 upper and 28x19 lower wooden open back decking, and a wooden privacy fenced backyard.
*Interior Features:
2-stories, 2-car garage, 1 half bathroom (downstairs), 2 full bathrooms (upstairs - guest & master), 3 guest bedrooms (upstairs) - the double guest bedroom used to be 2 separate bedrooms, the master bedroom (upstairs) - has 2 separate walk-in closets, hardwood flooring in the downstairs dining room, living room, stairwell, in the upstairs hallway, and in all 3 bedrooms, tiled flooring located in the foyer, eat-in kitchen, laundry room, 1/2 bathroom and full bathrooms, scraped off popcorn ceilings to be flat and painted throughout, custom wooden shelving in living room and in pantry/laundry room, whitewashed brick gas fireplace in living room, new light fixtures throughout, black door knobs and black door hinges throughout, gold handles for the kitchen cabinets, stainless steel kitchen appliances, 2021 HVAC unit (gas furnace) located in garage, 2021 (gas) water heater tank located in garage, renovated half bathroom downstairs, board & batten accent walls in guest bedroom and in master bedroom, fully gutted and renovated guest full bathroom upstairs, new baseboards upstairs, and replaced (gas) oven/stove in 2021.
*****Information about the Sellers' VA loan that can be assumed by a VA buyer:
* The Sellers will only allow VA buyers the option to assume their loan!
* Interest rate is 2.25%
* Current loan balance (as of 2/23/25) is $387,556.72
* Principal is $894.46 and Interest is $728.35
* Mortgage payment is $2,236.45
* Seller's 2024 property taxes were $3,765.93.
VERY Close By Locations:
(1.) The Parkwood Estates community children's park is located near the gated entrance/exit on Castlewood Lane.
(2.) Beaches of Destin are just 9 miles away! Just over the mid-bay bridge takes you to "Crystal Beach" where there are several public beach access locations by Camille's and Crab Trap. The Back Porch is another favorite public beach. A local's favorite is Henderson Beach State Park where you can pay to have a yearly membership for ample parking, pavilions, and bathrooms! (Military receive discounts for the membership! Check out www.floridastateparks.org for more info!)
(3.) Bluewater Elementary School is less than a mile from this home! It's located right next to the entrance of this gated subdivision, Parkwood Estates) on Range Road. It's a short distance of only 0.7 miles away!
(4.) 5 miles away are both Ruckel Middle School and Niceville High School! These schools are located right next to each other and are across the street from the Niceville Children's Park (free access) and Niceville Library.
(5.) Fred Gannon Rocky Bayou State Park is located next to Bluewater Elementary School where you can purchase a yearly membership. (Check out www.floridastateparks.org for more info and military discounts!)
(6.) Bluewater Bay has 3 separate swimming pool facilities that are all part of a membership that you can pay for to be a part of through Recreation Services, Inc. All 3 pools are located within close proximity to this home! 1.5 miles to the Bay Drive Pool, 2 miles to the Glen Eagles Pool, and 3 miles to the Woodlands Pool. (Check out www.bluewaterbayfl.com for more info!)
(7.) The Golf Club at Bluewater Bay is 2 miles away. (Check out bwbresort.com for more info.)
(8.) Just 2 miles from this home are the locations to Emerald Coast Tennis and Emerald Coast Pickleball. Bluewater Bay Tennis Center - 777 Bay Drive, Niceville. The center's location only has tennis courts at it, but the pickleball courts are located right down the road at 1200 Oakmont Drive, Niceville. The pickleball courts are located off Bluewater Boulevard and are 2 miles from this home as well. (The pickleball courts are directly next to the Glen Eagles Pool which is one of the 3 pools of Bluewater Bay. The pickleball membership and the pool membership are totally separate businesses, but share access to the bathrooms located by the pool and pickleball courts.) (Check out www.bluewaterbayfl.com for more info about ECT Management!)
(9.) Eglin Air Force Base back (east) gate is just 9 miles away and the front (main) gate is only 13 miles away.
(10.) It's 18 miles to Hurlburt Field Air Force Base's back gate and 24 miles to the front gate.
(11.) This home is just 21 miles to Army 7th Special Forces Group Soldier Support Center compound.
(12.) The Naval School Explosive Ordinance Disposal base is the closest military base distance to this home! It's only 3.5 miles right down the road - Range Road!
(13.) Winn-Dixie is only 1 mile from this home! Talk about CLOSE proximity to the grocery store!!!
(14.) It's only 3.5 miles to Publix and just 4 miles Walmart!
(15.) 1 mile to Ciao Bella/Bella Blue Bar, Tisano's, Sabina's Europa, Schnitzel & More, Thai Ladda, Amor & Taco's Mexican Kitchen and Cocina, Brother's Kitchen, Tango 3 Coffee Roasters Hurricane Grill & Wings, and Pepito's Mexican Restaurant. L. J. Schooners Dockside Restaurant & Oyster Bar is only 3 miles away!
Details
Property type
Single Family Residence
Est. home value
$495,252
Lot size
0.38 acres
Price per sq ft
$271
Year built
1993
Monthly HOA fee
$75
Price History
03/14/2025
EmeraldCoast #960039
Pending
$515,000
03/11/2025
EmeraldCoast #960039
Price change
$515,000
-1.9%
02/23/2025
EmeraldCoast #960039
Price change
$524,999
Schools & Community
Elementary school:Â
Bluewater
Middle school:Â
Ruckel
High school:Â
Niceville
Community features:Â Gated
Community features:Â
Gated
Negotiation Insights
Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.
Seller could get up to
$84,508
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$389,292
Cash to seller
$84,508
This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.
Seller’s Loan History
Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.