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Sold for $635,000
  • $635,000

    4238 Otterlake Cv, Niceville, FL 32578

    3beds
    2,571sqft
    Single Family Residence
    Built in 1997
    0.33 Acres Lot
    $634,200 Zestimate®
    $247/sqft
    $3,073 Estimated rent

    Home value

    $634,200

    $577,000 - $691,000

    $3,073/mo

    Zestimate® history
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    What's special

    Dedicated separated office
    Bluewater Bay Living at Its Best | 3 Bedrooms + Office | Gated Community - Welcome to this meticulously maintained single-story brick home located in the highly sought-after Bluewater Bay community of Niceville. Situated inside the gated neighborhood of Magnolia Plantation, this home offers the perfect balance of privacy, comfort, and exceptional amenities in one of the Emerald Coast's most desirable locations. This thoughtfully designed single level floor plan features: 3 spacious bedrooms, a dedicated, separated office -- ideal for working from home & easily convertible to a 4th bedroom if needed. It also has a formal dining room for hosting and holiday gatherings. You will appreciate the open, functional living spaces with great flow and the high ceilings that give you breath of space. The updated kitchen shines with modern finishes and is perfectly positioned for entertaining, while the renovated primary bath offers a beautifully refreshed, spa-like retreat. Step outside to the oversized screened porch -- your bug-free outdoor living space -- perfect for relaxing year-round. The flat yard provides usable space for pets, play, or gardening, all while remaining easy to maintain. Living in Bluewater Bay means enjoying a true lifestyle community, with access to:Golf, Tennis center & Pickleball Courts, Marina Access, Community Pools, Parks and Scenic Outdoor Spaces. This home in its prime location has it all and will not last long. Make an appointment to see it today!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Probst George Group 850-830-4414,

    EXP Realty LLC

    Bought with:

    The Probst George Group

    EXP Realty LLC

    Source: ECAOR,MLS#: 1000200MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 323 Square Feet
    • Dimensions: 19 x 17
    Bedroom
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11 x 11
    Dining room
    • Level: First
    • Area: 182 Square Feet
    • Dimensions: 14 x 13
    Family room
    • Level: First
    • Area: 325 Square Feet
    • Dimensions: 25 x 13
    Kitchen
    • Level: First
    • Area: 208 Square Feet
    • Dimensions: 16 x 13
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,571
    • Total interior livable area: 2,571 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Screened
    • Exterior features: Private Yard, Sprinkler System
    Lot
    • Size: 0.33 Acres
    • Dimensions: 88 x 144
    • Features: Covenants, Cul-De-Sac, Interior Lot, Level, Restrictions
    Details
    • Parcel number: 151S22210000000320
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding, Trim Vinyl
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: MAGNOLIA PLANTATION AT BLUEWATER BAY
    Location
    • Region: Niceville

    Financial & listing details

    • Price per square foot: $247/sqft
    • Tax assessed value: $461,504
    • Annual tax amount: $5,066
    • Date on market: 4/9/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/30/2026Sold$635,000+15.5%$247/sqft
    Source: ECAOR #1000200 Report a problem
    5/13/2021Sold$550,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,067 +0.3%$461,504 +0.5%
    2024$5,049 +2.1%$459,147 +2.8%
    2023$4,946 +5.7%$446,857 +6.1%
    2022$4,678 +82.4%$421,138 +76.5%
    2021$2,565 +0.4%$238,643 +1.4%
    2020$2,555 +1.4%$235,348 +2.3%
    2019$2,520 +1.1%$230,057 +1.9%
    2018$2,494 $225,767 +2.1%
    2017$2,494 +0.7%$221,123 +2.1%
    2016$2,476 +2.8%$216,575 +0.7%
    2015$2,408 -2%$215,070 +0.8%
    2014$2,456 $213,363 +1.5%
    2013-- $210,210 +1.7%
    2012-- $206,696 +3%
    2011-- $200,676 +1.5%
    2010-- $197,710 +2.7%
    2009-- $192,512 +0.1%
    2008-- $192,320 +3%
    2007-- $186,718 +2.5%
    2006-- $182,164 +3%
    2005-- $176,858 +3%
    2004-- $171,707 +1.9%
    2003-- $168,505 +2.4%
    2002-- $164,556 +1.6%
    2001-- $161,965
    Find assessor info on the county website

    Neighborhood: 32578

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bluewater
    • High: Niceville

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $634,200
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    With Zillow Showcase(estimated)
    $646,884