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!
Sold for $542,500
$542,500
4559 Castlewood Ln, Niceville, FL 32578
4beds
2,450sqft
Single Family Residence
Built in 1997
7,840 Square Feet Lot
$541,800 Zestimate®
$221/sqft
$3,241 Estimated rent
Home value
$541,800
$493,000 - $596,000
$3,241/mo
Zestimate® history
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List your homeWhat's special
New toiletsNew paintLarge family roomNew vanitiesFenced backyardRedone fireplace and mantleFormal dining
Zillow last checked:
Listing updated:
Listed by:
James B Byrd 479-466-5943,
EXP Realty LLC
Bought with:
Olivia J Catanese
Coldwell Banker Realty
Source: ECAOR,MLS#: 977562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bedroom
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: Second
- Area: 204 Square Feet
- Dimensions: 17 x 12
Dining room
- Level: First
- Area: 140 Square Feet
- Dimensions: 14 x 10
Foyer
- Level: First
- Area: 40 Square Feet
- Dimensions: 8 x 5
Kitchen
- Level: First
- Area: 234 Square Feet
- Dimensions: 18 x 13
Living room
- Level: First
- Area: 306 Square Feet
- Dimensions: 18 x 17
Loft
- Level: Second
- Area: 171 Square Feet
- Dimensions: 19 x 9
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range Hood, Gas Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Vaulted Ceiling(s)
- Flooring: Vinyl, Carpet
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Screened
- Exterior features: Private Yard, Sprinkler System, Rain Gutters
Lot
- Size: 7,840 Square Feet
- Dimensions: 62 x 125 x 62 x 125
- Features: Dead End
Details
- Additional structures: Yard Building
- Parcel number: 141S22501J00000060
- Zoning description: City, County, Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1997
Community & HOA
Community
- Features: Boat Launch, Gated, Golf, Marina, Playground, Tennis Court(s), Pickleball
- Security: Smoke Detector(s)
- Subdivision: PARKWOOD ESTATES PH 7
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Management, Security
Location
- Region: Niceville
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $475,268
- Annual tax amount: $5,454
- Date on market: 5/29/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $542,500-1.2%$221/sqft |
Source:  ECAOR #977562 Report a problem | ||
| 8/27/2025 | Pending sale | $549,000$224/sqft |
Source: ECAOR #977562 Report a problem | ||
| 8/15/2025 | Price change | $549,000-6%$224/sqft |
Source: ECAOR #977562 Report a problem | ||
| 8/4/2025 | Price change | $584,000-2.5%$238/sqft |
Source: ECAOR #977562 Report a problem | ||
| 7/14/2025 | Price change | $599,000-1.6%$244/sqft |
Source: ECAOR #977562 Report a problem | ||
| 7/10/2025 | Price change | $609,000-3.2%$249/sqft |
Source: ECAOR #977562 Report a problem | ||
| 6/24/2025 | Price change | $629,000-1.6%$257/sqft |
Source: ECAOR #977562 Report a problem | ||
| 5/29/2025 | Listed for sale | $639,000+24.1%$261/sqft |
Source: ECAOR #977562 Report a problem | ||
| 4/27/2022 | Sold | $515,000-2.8%$210/sqft |
Source: Public Record Report a problem | ||
| 3/22/2022 | Pending sale | $530,000$216/sqft |
Source: ECAOR #893609 Report a problem | ||
| 3/20/2022 | Listed for sale | $530,000+63.1%$216/sqft |
Source: ECAOR #893609 Report a problem | ||
| 6/30/2014 | Sold | $325,000-1.2%$133/sqft |
Source: Public Record Report a problem | ||
| 4/22/2014 | Price change | $328,900-1.8%$134/sqft |
Source: CENTURY 21 Wilson Minger Agency, Inc. #611894 Report a problem | ||
| 3/4/2014 | Listed for sale | $334,900$137/sqft |
Source: CENTURY 21 Wilson Minger Agency, Inc. #611894 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,689 +4.3% | $475,268 +4.5% |
| 2024 | $5,455 -1.1% | $454,878 -0.3% |
| 2023 | $5,514 +13.3% | $456,067 +6.3% |
| 2022 | $4,868 +14.1% | $429,224 +26.9% |
| 2021 | $4,266 +6.3% | $338,154 +7.8% |
| 2020 | $4,013 +5.3% | $313,615 +6.8% |
| 2019 | $3,810 +26.9% | $293,644 +10.7% |
| 2018 | $3,002 | $265,226 +2.1% |
| 2017 | $3,002 +0.7% | $259,771 +2.1% |
| 2016 | $2,982 +2.8% | $254,428 +0.7% |
| 2015 | $2,901 -2% | $252,659 +8.1% |
| 2014 | $2,960 | $233,802 +4.3% |
| 2013 | -- | $224,256 +3.3% |
| 2012 | -- | $217,119 -8.3% |
| 2011 | -- | $236,892 -1.5% |
| 2010 | -- | $240,449 -8.2% |
| 2009 | -- | $261,978 -6.4% |
| 2008 | -- | $279,809 +63.7% |
| 2007 | -- | $170,947 +2.5% |
| 2006 | -- | $166,778 +3% |
| 2005 | -- | $161,920 +3% |
| 2004 | -- | $157,204 +1.9% |
| 2003 | -- | $154,273 +2.4% |
| 2002 | -- | $150,657 +1.6% |
| 2001 | -- | $148,284 |
Find assessor info on the county website
Neighborhood: 32578
Nearby homes
- $452,2003 bd2 ba1.9k sqft4561 Castlewood Ln, Niceville, FL 32578Off Market
- $468,6004 bd2 ba1.7k sqft4557 Castlewood Ln, Niceville, FL 32578Off Market
- $491,1004 bd3 ba2.1k sqft4563 Castlewood Ln, Niceville, FL 32578Off Market
- $528,9004 bd3 ba2.2k sqft4555 Castlewood Ln, Niceville, FL 32578Off Market
- $538,8003 bd2 ba2.1k sqft4560 Knollwood Ln, Niceville, FL 32578Off Market
- $471,9004 bd2 ba1.9k sqft4558 Castlewood Ln, Niceville, FL 32578Off Market
- $460,8004 bd2 ba1.7k sqft4560 Castlewood Ln, Niceville, FL 32578Off Market
- $553,2004 bd3 ba2.3k sqft4558 Knollwood Ln, Niceville, FL 32578Off Market
Nearby schools
GreatSchools rating
- 8/10Bluewater Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 9/10C. W. Ruckel Middle SchoolGrades: 6-8Distance: 4.1 mi
- 7/10Niceville Senior High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Bluewater
- Middle: Ruckel
- 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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- Florida
- Okaloosa County
- Niceville
- 32578
- 4559 Castlewood Ln
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