4577 Castlewood Lane, Niceville

$535,000

4 Beds
3 Baths
2,300 Sqft
¼ Acre
2 Garages

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. Fresh new sod is currently being installed, and the rear fence is being replaced, creating an even more inviting outdoor space. There's also plenty of space to add a pool, garden, or expanded living area. Major updates include a new Roof 2026 and updated electrical panel 2026. 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 the Bluewater Bay lifestyle with nearby golf, tennis, pickleball, walking trails, and a full-service marina. Convenient access to Eglin AFB, Duke Field, and Hurlbert Field. Experience the privacy, convenience, and lifestyle that make Parkwood Estates one of Niceville's most desirable gated communities.

Essential Information
MLS® #1000385
Price$535,000
Sold Price$500,000
Date Sold$2026-09-28
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage2,300
Acres0.25
Year Built1997
TypeResidential
Sub-TypeDetached Single Family
StyleTraditional
StatusSold
Community Information
Address4577 Castlewood Lane
Area13 - Niceville
SubdivisionPARKWOOD ESTATES PH 7
CityNiceville
CountyOkaloosa
StateFL
Zip Code32578
Amenities
ParkingGarage Door Opener
# of Garages2
Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground

Interior
HeatingNatural Gas, Gas - Natural
CoolingCentral Air, Ceiling Fan(s)
FireplaceYes
FireplacesFireplace Gas
# of Stories2
Interior Features

Vaulted Ceiling(s), Kitchen Island, Newly Painted, Split Bedroom, Washer/Dryer Hookup

Appliances

Cooktop, Dishwasher, Disposal, Microwave, Gas Water Heater

Exterior
WindowsDouble Pane Windows
RoofShingle
ConstructionFrame, Brick, Siding Vinyl
FoundationSlab
Exterior Features

Private Yard, Lawn Pump, Sprinkler System

Lot Description

Covenants, Cul-De-Sac, Interior Lot, Level, Wooded

School Information
ElementaryBluewater
MiddleChoice-Destin/Ruckel
HighNiceville
Additional Information
Days on Website200
ZoningResid Single Family
Office

Berkshire Hathaway Home Services PenFed Realty

Property History
Price Reduced from $544,900 to $535,000
Price Reduced from $554,900 to $544,900
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 4577 Castlewood Lane, Niceville, FL

Photo of Listing #1011899

1212 Shipley Drive, Niceville

$575,000 - 4 Beds, 2 Baths, 2,070 Sf

MLS® # 1011899

Photo of Listing #1011076

106 Arrowhead Way, Niceville

$424,900 - 3 Beds, 3 Baths, 1,919 Sf

MLS® # 1011076

Photo of Listing #1009264

831 Coldwater Creek Circle, Niceville

$650,000 - 3 Beds, 3 Baths, 2,481 Sf

MLS® # 1009264

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 27th, 2026 at 2:53pm CDT.