4577 Castlewood Lane, Niceville, FL 32578
New Listing
$554,900
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,300
Lot Size (sq. ft.):
10,890
Status:
Pending
Current Price:
$554,900
List Date:
4/28/2026
Last Modified:
5/01/2026
Description
New roof to be installed prior to closing! Welcome to this beautiful 4BR/3BA home tucked away on a quiet cul-de-sac in the gated community of Parkwood Estates. Inside, brand new LVP flooring and fresh neutral paint create a bright, updated feel from the moment you walk in. The split bedroom layout provides both privacy and functionality, while the spacious living areas are ideal for everyday living. The kitchen flows seamlessly into the main living area and features a bright breakfast nook overlooking the backyard. Master bedroom is conveniently located on the first floor, along with an additional bedroom and full bath. A separate dining room and spacious living area, highlighted by corner gas fireplace, offer an inviting space for gathering and entertaining.
Supplements: Upstairs features two additonal bedrooms, a full bath, and a versatile landing area, perfect for a home office, study nook, play area or cozy sitting space. Enjoy added privacy with reservation land bordering the side of the property. The spacious backyard is designed for outdoor enjoyment, featuring a large deck with pergola, string lighting, and a dedicated fire pit area, perfect for relaxing evenings or gathering with friends and family. There's also plenty of space to add a pool, garden, or expanded living area. New roof to be installed in 2026, an updated electrical panel, and a 2016 HVAC and Water heater. Ideally located within walking distance to Bluewater Bay Elementary School and just around the corner from a neighborhood park, plus convenient to shopping, dining, Destin's beautiful beaches and local amenities. Enjoy access to Eglin AFB, Duke Field, and Hurlbert Field. An exceptional opportunity to own in one of Niceville's most desirable gated communities.
More Information MLS# 1000385
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 241.26
List Date: 2026-04-10
Current Price: $554,900
List Price: $554,900
Location, Tax and Legal
Sub Area: 1308 - Bluewater Bay
Elementary School: Bluewater
Middle School: Choice-Destin/Ruckel
High School: Niceville
Legal Description: Lot 15 Parkwood Estates Ph. 7
General Property Info
Sub-Type: Detached Single Family
Design: Traditional
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 2300
Bedrooms: 4
Full Baths: 3
Total Bathrooms: 3
# Stories: 2
Year Built: 1997
Garage Spaces: 2
Acreage: 0.25
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 225
Annual Assessment Amount: 900
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.25
New Buyer Fee Paid: %
Last Taxes: 5493
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: New roof to be installed prior to closing! Welcome to this beautiful 4BR/3BA home tucked away on a quiet cul-de-sac in the gated community of Parkwood Estates. Inside, brand new LVP flooring and fresh neutral paint create a bright, updated feel from the moment you walk in. The split bedroom layout provides both privacy and functionality, while the spacious living areas are ideal for everyday living. The kitchen flows seamlessly into the main living area and features a bright breakfast nook overlooking the backyard. Master bedroom is conveniently located on the first floor, along with an additional bedroom and full bath. A separate dining room and spacious living area, highlighted by corner gas fireplace, offer an inviting space for gathering and entertaining.
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Lot/Parcel Access
Controlled Access: 1
Paved Road: 1
Private Road: 1
Lot Features
Covenants: 1
Cul-De-Sac: 1
Interior: 1
Level: 1
Wooded: 1
Project Facilities
Beach: 1
Boat Launch: 1
Dock: 1
Fishing: 1
Gated Community: 1
Golf: 1
Marina: 1
Picnic Area: 1
Playground: 1
Pool: 1
Tennis: 1
Construction/Siding
Brick: 1
Frame: 1
Roof Dimensional Shg: 1
Siding Vinyl: 1
Slab: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Deck Open: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Lawn Pump: 1
Sprinkler System: 1
Interior
Ceiling Vaulted: 1
Fireplace Gas: 1
Floor Tile: 1
Floor Vinyl: 1
Kitchen Island: 1
Newly Painted: 1
Split Bedroom: 1
Washer/Dryer Hookup: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Appliances
Auto Garage Door Opn: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven Self Cleaning: 1
Stove/Oven Electric: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat Cntrl Gas: 1
Ridge Vent: 1
Water Heater - Gas: 1
Mstr Bdrm/Mstr Bath
MBath Cultured Mrble: 1
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Whirlpool: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Master Bedroom
First: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Rooms
Bedroom: 1
Breakfast Room: 1
Dining Room: 1
Garage: 1
Great Room: 1
Kitchen: 1
Loft: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Management: 1
Status Change Info
Status: Pending
Under Contract Date: 2026-05-01
Location Tax and Legal
Area: 13 - Niceville
Street #: 4577
Street Name: Castlewood
Street Suffix: Lane
State: FL
Zip Code: 32578
County: Okaloosa
Project Name/Subdivision: PARKWOOD ESTATES PH 7
Parcel ID: 14-1S-22-5013-0000-0150
Property Features
Construction Status: Construction Complete
Lot Features: Covenants; Cul-De-Sac; Interior; Level; Wooded
Zoning: Resid Single Family
Parking Features: Garage Attached
Project Facilities: Beach; Boat Launch; Dock; Fishing; Gated Community; Golf; Marina; Picnic Area; Playground; Pool; Tennis
Exterior: Deck Open; Fenced Back Yard; Fenced Privacy; Lawn Pump; Sprinkler System
Interior: Ceiling Vaulted; Fireplace Gas; Floor Tile; Floor Vinyl; Kitchen Island; Newly Painted; Split Bedroom; Washer/Dryer Hookup
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Microwave; Oven Self Cleaning; Stove/Oven Electric
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Gas; Ridge Vent; Water Heater - Gas
Master Bedroom: First
Bedroom: First; Second
Kitchen: First
Rooms: Bedroom; Breakfast Room; Dining Room; Garage; Great Room; Kitchen; Loft; Master Bedroom
Financing: Conventional; FHA; VA
Fees Include: Accounting; Ground Keeping; Management
Room Information
Dining Room
Level: First
Dimensions: 14 x 11
Length: 14.00
Width: 11.00
Dimensions: 14 x 11
Kitchen
Level: First
Dimensions: 14 x 12
Length: 14.00
Width: 12.00
Dimensions: 14 x 12
Breakfast Room
Level: First
Dimensions: 12 x 10
Length: 12.00
Width: 10.00
Dimensions: 12 x 10
Master Bedroom
Level: First
Dimensions: 17 x 12
Length: 17.00
Width: 12.00
Dimensions: 17 x 12
Bedroom
Level: First
Dimensions: 13 x 11
Length: 13.00
Width: 11.00
Dimensions: 13 x 11
Bedroom
Level: First
Dimensions: 13 x 12
Length: 13.00
Width: 12.00
Dimensions: 13 x 12
Bedroom
Level: Second
Dimensions: 12 x 12
Length: 12.00
Width: 12.00
Dimensions: 12 x 12
Loft
Level: Second
Dimensions: 13 x 10
Length: 13.00
Width: 10.00
Dimensions: 13 x 10
Garage
Level: First
Dimensions: 20 x 20
Length: 20.00
Width: 20.00
Dimensions: 20 x 20
Great Room
Level: First
Dimensions: 20 x 16
Length: 20.00
Width: 16.00
Dimensions: 20 x 16
Listing Office:
Berkshire Hathaway Home Services PenFed Realty
Listing Agent:
Vicki M Alexander
Last Updated: May - 01 - 2026
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