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$554,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,300 Sq. Ft.
  • Updated 2 days ago
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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. 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.

Full Property Details for 4577 Castlewood Ln

General

  • Price: $554,900
  • Taxes: $5,493 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 1000385
  • Updated: 4/28/2026
  • Added to Site: 3 day(s) ago

Rental Information

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

Interior

  • Number of Rooms: 10
  • Interior Features: Ceiling Vaulted, Kitchen Island, Newly Painted, Split Bedroom, Washer/Dryer Hookup
  • Fireplace: Yes
  • Fireplace(s): Fireplace Gas
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Stove/Oven Electric, Water Heater - Gas
  • Flooring: Floor Tile, Floor Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Fenced Back Yard, Lawn Pump, Sprinkler System
  • Porch/Patio/Deck: Deck Open

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • Area: 13 - Niceville
  • County: Okaloosa
  • Subdivision: PARKWOOD ESTATES PH 7
  • Driving Directions: Take Range Rd. off of Hwy 20, then left just past the BWB Elementary School into the entrance of Parkwood Estates. Then take the 1st right onto Castlewood. Continue on and home will be at the end of the cul-de-sac.

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Ground Keeping, Management

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, Public Water, TV Cable, Underground

Structural Information

  • Architectural Style: Traditional
  • Construction: Brick, Frame, Siding Vinyl
  • Exterior Const.: Brick, Frame, Siding Vinyl
  • Stories/Levels: 2
  • Square Feet: 2,300
  • Sq. Ft. Source: County PA Records
  • Year Built: 1997

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Dimensions: 27 x 170 x 130 x 111
  • Frontage: Private Road
  • Street/Road Desc.: Paved
  • Lot Features: Covenants, Cul-De-Sac, Interior, Level, Wooded
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced Privacy

Financial Considerations

  • Assessment Amount: $225
  • Tax Amount: $5,493
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Lot 15 Parkwood Estates Ph. 7
  • APN: 14-1S-22-5013-0000-0150
  • Property ID: 14-1S-22-5013-0000-0150

Listed by Berkshire Hathaway Home Services PenFed Realty

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Listing agent

— 4577 Castlewood Ln —

  • Berkshire Hathaway Home Services PenFed Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4577 Castlewood Ln

School District:Okaloosa County School District
NameGradesDistance
Bluewater Elementary School
4545 Range Road, Niceville, FL 32578
K-50.2 mi
C. W. Ruckel Middle School
201 Partin Drive North, Niceville, FL 32578
6-84.2 mi
Niceville Senior High School
800 John Sims Parkway, Niceville, FL 32578
9-124.2 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 4577 Castlewood Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Listed
$554,900
114.66%
MLS
7/24/2003
Sold
$258,500
—
Public Record
Get Price Alerts and Save Property
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 for 4577 Castlewood Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,493
4%
$458,705
5%
2024
$5,260
4%
$438,404
—
2023
$5,055
22%
$439,447
33%
2021
$4,159
-12%
$329,499
-20%
2022
$4,721
14%
$413,957
35%
2021
$4,159
11%
$306,621
6%
2019
$3,739
4%
$288,113
5%
2018
$3,594
3%
$273,535
4%
2017
$3,505
3%
$262,213
3%
2016
$3,394
—
$255,507
3%
2015
$3,397
5%
$248,833
7%
2014
$3,224
4%
$233,091
4%
2013
$3,096
—
$224,039
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Berkshire Hathaway Home Services PenFed Realty

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4577 Castlewood Lane, Niceville, FL 32578 (MLS# 1000385) is a Single Family property with 4 bedrooms and 3 full bathrooms. 4577 Castlewood Lane is currently listed for $554,900 and was received on April 28, 2026. Want to learn more about 4577 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.

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