Listing provided courtesy of Berkshire Hathaway Home Services PenFed Realty- MLS# 1000385MLS Provider

4577 Castlewood LaneNiceville, FL 32578

Single Family · 4 Beds · 3 Full Baths · 2,300 Sq. ft. | 0.25 Acres
$535,000 Active

4577 Castlewood Lane Overview

Time on Site:
62 days
Visits:
0

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. 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 2026, updated electrical panel 2026 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.

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4577 Castlewood Lane Facts & Features

  • Type Single Family
  • Sq. ft. 2,300
  • Price/Sq.ft. $233
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Association Fee Includes: Accounting,Ground Keeping,Management
  • Association: true

School Information

  • Elementary School: Bluewater
  • Middle Or Junior School: Choice-Destin/Ruckel
  • High School: Niceville

Listing Information

  • Buyer Financing: Conventional,FHA,VA

Building Information

  • New Construction: false
  • Year Built: 1997

Location/Region

  • County Or Parish: Okaloosa
  • MLS Area Major: 13 - Niceville
  • MLS Area Minor: 1308 - Bluewater Bay
  • Subdivision Name: PARKWOOD ESTATES PH 7

Community/Development

  • Community Features: Beach,Boat Launch,Dock,Fishing,Gated Community,Golf,Marina,Picnic Area,Playground,Pool,Tennis

Tax Information

  • Tax Annual Amount: 5493.0
  • Tax Year: 2025

General Information

  • Parcel Number: 14-1S-22-5013-0000-0150
  • Property Condition: Construction Complete
  • Property Sub Type: Detached Single Family
  • Property Type: Residential
  • Zoning: Resid Single Family

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: County PA Records
  • Building Area Total: 2300.0

General Information

  • Appliances: Auto Garage Door Opn,Cooktop,Dishwasher,Disposal,Microwave,Oven Self Cleaning,Stove/Oven Electric,Water Heater - Gas
  • Interior Features: Ceiling Vaulted,Kitchen Island,Newly Painted,Split Bedroom,Washer/Dryer Hookup
  • Rooms Total: 10
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior

Lot Information

  • Lot Features: Covenants,Cul-De-Sac,Interior,Level,Wooded
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 27X170X130X111
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: true
  • Construction Materials: Brick,Frame,Siding Vinyl

General Information

  • Carport: false
  • Exterior Features: Fenced Back Yard,Lawn Pump,Sprinkler System
  • Fencing: Fenced Privacy
  • Road Frontage Type: Private Road
  • Utilities: Electric,Gas - Natural,Public Water,TV Cable,Underground

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 13 x 11
  • Length: 13.00
  • Width: 11.00

Room: Bedroom

  • Level: First
  • Dimensions: 13 x 12
  • Length: 13.00
  • Width: 12.00

Room: Breakfast Room

  • Level: First
  • Dimensions: 12 x 10
  • Length: 12.00
  • Width: 10.00

Room: Dining Room

  • Level: First
  • Dimensions: 14 x 11
  • Length: 14.00
  • Width: 11.00

Room: Garage

  • Level: First
  • Dimensions: 20 x 20
  • Length: 20.00
  • Width: 20.00

Room: Great Room

  • Level: First
  • Dimensions: 20 x 16
  • Length: 20.00
  • Width: 16.00

Room: Kitchen

  • Level: First
  • Dimensions: 14 x 12
  • Length: 14.00
  • Width: 12.00

Room: Master Bedroom

  • Level: First
  • Dimensions: 17 x 12
  • Length: 17.00
  • Width: 12.00

Room: Bedroom

  • Level: Second
  • Dimensions: 12 x 12
  • Length: 12.00
  • Width: 12.00

Room: Loft

  • Level: Second
  • Dimensions: 13 x 10
  • Length: 13.00
  • Width: 10.00

4577 Castlewood Lane Neighborhood

Community

32578 (Niceville) Demographics

40
Median Age
1,197
Population Density (per sq. mile)
53%
College Educated
$90,964
Estimated Median Income
9,670
Estimated Total Home Owners
3,014
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4577 Castlewood Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4577 Castlewood Lane Market Data

Based on the last 30 days in this zip code

$606,333
Average List Price
$280
Average Price per Square Foot
62
Properties Sold
92
Average Days on Market
266
Properties for Sale
Calculations provided by Reliance Network

4577 Castlewood Lane History

Date Event Value Agent
6/22/2026Source: Emerald Coast MLS Price Reduction
$535,000 -1.8%
5/31/2026Source: Emerald Coast MLS Price Reduction
$544,900 -1.8%
5/22/2026Source: Emerald Coast MLS Status Change
Active
5/1/2026Source: Emerald Coast MLS Status Change
Pending
4/28/2026Source: Emerald Coast MLS Added to Database
April 28, 2026