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About This Home
This 4-bedroom, 3-bathroom single family at 4577 Castlewood Lane in Niceville, FL is listed for $554,900 ($241 per sqft). Built in 1997, the home offers 2,300 sqft of living space on a 0.25 acres lot.
New roof!!! 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 2026, updated electrical panel 2026 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.
Key Features
- Built in 1997
- 0.25 acre lot
- 2 stories
- 2 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,193/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4577 Castlewood Lane
Niceville, FL 32578
PARKWOOD ESTATES PH 7
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 4577 Castlewood Lane is listed at $554,900 ($241/sqft). The estimated monthly payment is $2,630 based on 20% down at 6.5% interest.
HOA fees are $225/month.
Key features include: Built in 1997, 0.25 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Ceiling Vaulted, Kitchen Island, Newly Painted. Exterior Features: Fenced Back Yard, Lawn Pump, Sprinkler System.
This property is listed by Vicki M Alexander and can be reached at 8502170587 or vicki.alexander@penfedrealty.com.








