No photo available
$539,900 Sale Pending
Property Description
Tucked away at the end of a quiet cul-de-sac in the gated community of Parkwood Estates, this beautifully refreshed home blends privacy, space, and thoughtful modern updates. Situated on one of the largest and most desirable lots in the neighborhood, the property backs to mature trees and is adjacent to Eglin Reservation, creating a peaceful, natural backdrop rarely found in Bluewater Bay. Inside, the home has been thoughtfully refreshed with a bright, clean, modern aesthetic. New vinyl plank flooring flows throughout, complemented by freshly painted interiors and ceilings, new updated baseboards, modernized electrical outlets and switch plates, and all-new window screens. The kitchen features professionally refinished cabinetry, stainless steel appliances, gas stove, bright breakfast nook with built-in desk and new French doors leading to the backyard, filling the space with natural light and offering an updated, energy-efficient design. Both bathrooms have been beautifully renovated. The spacious Master features 2 closets and offers a new vanity, new fixtures, and new shower with glass door. The secondary bath offers a new vanity, new tub, and updated fixtures for a cohesive move-in-ready feel. Designed for comfortable living, the home includes 4 generously sized bedrooms including a 17x15 Master bedroom, two full baths, a spacious great room with gas-log fireplace, vaulted ceilings, a separate dining room, and an oversized utility room with cabinetry and workspace. For added peace of mind, major systems have been addressed: Roof (2020), Water Heater (2019), and brand new HVAC (2025). Step outside to a tranquil patio and fenced backyard where mature trees frame the setting, creating privacy and a true sense of retreat. Walking distance to Bluewater Bay Elementary School, this home is ideally located within the gated community of Parkwood Estates. Enjoy convenient access to Eglin AFB, Duke Field, and Hurlbert Field, with Destin's beautiful beaches, dining, and shopping just a short drive away. This is an exceptional opportunity in one of Niceville's most desirable gated communities.
Full Property Details
Full Property Details for 4564 Knollwood Ln
General
- Price: $539,900
- Taxes: $4,913 (2025)
- Status: Pending
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 997175
- Updated: 4/13/2026
- Added to Site: 27 day(s) ago
Rental Information
- Complex Features: Beach, Dock, Fishing, Gated Community, Golf, Marina, Playground, Pool, Tennis
Interior
- Number of Rooms: 9
- Interior Features: Ceiling Cathedral, Ceiling Tray/Cofferd, Lighting Recessed, Newly Painted, Shelving, Wallpaper, Washer/Dryer Hookup
- Fireplace: Yes
- Fireplace(s): Fireplace Gas
- Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Gas
- Flooring: Floor Tile, Floor WW Carpet New
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Sprinkler System
- Porch/Patio/Deck: Patio Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
Location
- Area: 13 - Niceville
- County: Okaloosa
- Subdivision: PARKWOOD ESTATES PH 5
- Driving Directions: From Highway 20, turn onto Bluewater Boulevard (next to CVS). Proceed to the gated subdivision of Parkwood Estates. Once you pass through the gate you will take the 2nd right onto Knollwood.
School Information
- Elementary School: Bluewater
- Middle School: Ruckel
- High School: Niceville
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Natural Gas
- Heating/Cooling: Natural Gas, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Phone, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Construction: Brick, Frame
- Exterior Const.: Brick, Frame
- Stories/Levels: 1
- Square Feet: 2,042
- Sq. Ft. Source: County PA Records
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,374.8
- Lot Dimensions: 181 x 130 x 155
- Street/Road Desc.: Paved
- Lot Features: Covenants, Cul-De-Sac, Dead End, Interior, Level, Restrictions, Survey Available, Wooded
- Zoning: Resid Single Family
- Fencing (Description): Fenced Lot-Part
Financial Considerations
- Assessment Amount: $225
- Tax Amount: $4,913
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Parkwood Est Ph 5 Lot 23
- APN: 14-1S-22-501H-0000-0230
- Property ID: 14-1S-22-501H-0000-0230
Listed by Berkshire Hathaway Home Services PenFed Realty
Get Pre-Approved Today
Schools
Schools serving 4564 Knollwood 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4564 Knollwood Ln
Date
Details
Price
Change
Source
3/18/2026
Listed
$539,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4564 Knollwood Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,913
6%
$409,438
5%
2024
$4,640
4%
$389,080
—
2023
$4,459
22%
$389,734
35%
2021
$3,644
-13%
$287,870
-22%
2022
$4,166
14%
$367,250
37%
2021
$3,644
11%
$268,725
6%
2019
$3,297
4%
$253,331
5%
2018
$3,167
2%
$240,415
4%
2017
$3,094
3%
$230,853
2%
2016
$3,000
—
$225,273
3%
2015
$3,000
4%
$219,198
5%
2014
$2,886
4%
$208,191
4%
2013
$2,778
—
$200,577
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4564 Knollwood Ln
4564 Knollwood Lane, Niceville, FL 32578 (MLS# 997175) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4564 Knollwood Lane is currently listed for $539,900 and was received on March 18, 2026. Want to learn more about 4564 Knollwood 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.
