Fairway Lakes Homes, Bluewater Bay, FL

Located right in the heart of Bluewater Bay is the subdivision of Fairway Lakes. Right down the road from golf, tennis, swimming pool and full service marina with restaurant, you can't get any more convenient than that.

Homes have a combination of fairway (hence the name) and pond views as the neighborhood sits adjacent to the Lakes Course at Bluewater Bay. Sizes range from about 1,300 square feet to over 2,000 square feet and sit on immaculately landscaped homesites. Other nearby communities include Magnolia Forrest, and Magnolia Plantation.

View homes for sale in Fairway Lakes below, or browse other neighborhoods in Bluewater Bay, or Destin.

Real Estate for Sale in Fairway Lakes

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Real Estate for Sale in Fairway Lakes - Market Stats

Fairway Lakes sales data is provided by the Emerald Coast Association of Realtors and reflects 12 months of sales data.

  # Listings Avg. DOM Avg. Price Highest Price Lowest Price Avg. Price/SqFt Highest Price/SqFt Lowest Price/SqFt
Active 2 152 $425,000 $450,000 $400,000 $235 $272 $199
Sold (Last Year) 5 169 $421,680 $504,000 $325,500 $249 $286 $219

Last Year Sales By Month

Highest Sales by Month

Apr 2026 - 28 Se Anastasia Drive, Fort Walton Beach, FL
Sold
28 Se Anastasia Drive, Fort Walton Beach
Welcome home to this beautifully updated pool home in the highly sought-after Elliott Point area of FWB just minutes from parks, schools, shopping, dining, and the beautiful beaches of the Emerald Coast. Situated on a spacious lot along a charming,...

Detached Single Family

3 Beds
3 Baths
2,280 SqFt
View Details
May 2026 - 714 Putter Drive, Niceville, FL
Sold
714 Putter Drive, Niceville
Welcome to life in Bluewater Bay! This beautifully maintained home is located in the highly desirable Fairway Lakes neighborhood of Bluewater Bay in Niceville--one of the Emerald Coast's most sought-after communities known for its peaceful setting,...

Detached Single Family

3 Beds
2 Baths
1,403 SqFt
View Details
Jun 2026 - 320 N Cedar Avenue, Niceville, FL
Sold
320 N Cedar Avenue, Niceville
SELLER TO OFFER UP TO $10,000 IN CREDIT TOWARD BUYER CLOSING COSTS/RATE BUY DOWN!! Welcome to your beautiful new home, where thoughtful design meets one of Niceville's most convenient locations. This is the kind of home that quietly over delivers. No HOA,...

Detached Single Family

4 Beds
2 Baths
2,122 SqFt
View Details

Bluewater Bay Neighborhoods

Fairway Lakes Real Estate Stats

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Fairway Lakes is just one of the exceptional neighborhoods in Bluewater Bay. Just (850) 325-0004 or email for more information about real estate in these Niceville communities.

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