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$542,500
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Property Description
Sellers offering $5K toward Buyer Closing Costs! Unprecedented location! Attractive assumable 4.375% VA loan! Even more, $80,000 in upgrades has refined this hidden gem, a Bluewater Bay classic adjacent to the highly-acclaimed Bluewater Bay Elementary school within the gated community of Parkwood Estates. This 4 bed / 3 FULL bath two-story home has all the comforts your family could desire. Nothing has gone untouched with brand new LVP floors, a redone fireplace and mantle, complete restructure of the kitchen and its cabinets, new paint, new vanities, new toilets...you name it! The first floor has a large family room and formal dining with 2 bedrooms downstairs. The newly carpeted second floor shares a loft with 2 bedrooms either side. The back porch enjoys a fenced backyard with plenty or room for the kids as well as a Tool Shed. Irrigation pump and well replaced 2024. HVAC installed 2022 with 10 year warranty. There's a massive playground across the street to accompany the miles of sidewalk and forested mountain bike trails behind the community. Residents have access to any of the 3 community pools, pickle ball courts, and golf course. A short drive down range road has you accessing the Mid-Bay bridge in minutes exposing your family to the world's finest white sandy beaches of Destin. Come see! Sellers amenable to rent or rent-to-own for inbound military families. Message agent for details!
Full Property Details
Full Property Details for 4559 Castlewood Ln
General
- Sold For: $542,500
- Taxes: $5,454 (2024)
- Status: Closed
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 977562
- Added to Site: 233 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Foyer, Kitchen, Living Room, Loft, Master Bedroom
- Interior Features: Ceiling Vaulted, Fireplace Gas, Floor Vinyl, Floor WW Carpet New, Washer/Dryer Hookup
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Warranty Provided
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Foyer/Entry: Foyer
- Living Room: Living Room
- Kitchen: Kitchen
- Dining Room: Dining Room
- Loft: Loft
Additional Information
- Shared Amenities: Boat Launch, Gated Community, Golf, Marina, Pets Allowed, Pickle Ball, Playground, Tennis
- Pool: Yes
Exterior
- Exterior Features: Fenced Back Yard, Porch Screened, Rain Gutter, Renovated, Sprinkler System, Yard Building
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: Parkwood Estates Ph 7
- Driving Directions: From Highway 20 take Range Road past Bluewater Elementary. Take a left into Parkwood Estates. Go through the gate (GET CODE FROM LA) and take your first right onto Castlewood Lane. Home will be on your left.
School Information
- Elementary School: Bluewater
- Middle School: Ruckel
- High School: Niceville
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Heat Cntrl Electric, Water Heater - Gas
Utilities
- Utility Description: Electric, Gas - Propane, Public Sewer
Structural Information
- Architectural Style: Traditional
- Construction: Roof Dimensional Shg
- Stories/Levels: 2
- Square Feet: 2,450
- Sq. Ft. Source: County PA Records
- Year Built: 1997
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 62 x 125 x 62 x 125
- Street/Road Desc.: County Road, Paved Road
- Lot Features: Dead End
- Zoning: City, County, Resid Single Family
Financial Considerations
- Assessment Amount: $200
- Assmt Payment Freq: Quarterly
- Tax Amount: $5,454
- Tax Year: 2024
- Terms: Conventional, FHA, Leaseback, VA
Disclosures and Reports
- Legal Description: PARKWOOD EST PH 7 LOT 6
- Assessment: Yes
- APN: 14-1S-22-501J-0000-0060
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Schools
Schools serving 4559 Castlewood Ln
School District:Okaloosa County School District
| Name | Grades | Distance |
|---|---|---|
Bluewater Elementary School 4545 Range Road, Niceville, FL 32578 | K-5 | 0.2 mi |
C. W. Ruckel Middle School 201 Partin Drive North, Niceville, FL 32578 | 6-8 | 4.1 mi |
Niceville Senior High School 800 John Sims Parkway, Niceville, FL 32578 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4559 Castlewood Ln
Date
Details
Price
Change
Source
10/31/2025
Sold
$542,500
-1.18%
MLS
8/15/2025
Price Reduced
$549,000
-5.99%
MLS
8/04/2025
Price Reduced
$584,000
-2.5%
MLS
7/14/2025
Price Reduced
$599,000
-1.64%
MLS
7/09/2025
Price Reduced
$609,000
-3.18%
MLS
6/24/2025
Price Reduced
$629,000
-1.56%
MLS
5/29/2025
Listed
$639,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4559 Castlewood Lane, Niceville, FL 32578 (MLS# 977562) is a Single Family property that was sold at $542,500 on October 31, 2025. This property was sold by Emerald Coast Group from our Destin / 30A Office.Want to learn more about 4559 Castlewood Lane? Do you have questions about finding other Single Family real estate for sale in Niceville? You can browse all Niceville real estate or contact a Coldwell Banker agent to request more information.

