Magnolia Plantation Homes, Bluewater Bay, FL

The gated community of Magnolia Plantation in Bluewater Bay features a lovely variety of contemporary single-family homes overlooking a scenic lake. Houses are sized in the 3,000 to 4,000 square foot range, with common features that include spacious great room, chef's kitchen, perfect for entertaining, large Florida Room and huge master bedrooms with spa ensuites.

Situated close to Rocky Bayou State Park, residents are minutes to the Bluewater Bay Tennis Center, swimming pool and marina. Destin beaches are a short drive away. Magnolia Plantation has undergone several phases and includes the subdivisions of: Fairway Oaks, Magnolia Lake, Magnolia Village, Magnolia Point and Mediterranean Village. Each has their own unique charm and appeal. View a map of the entire Magnolia Plantation neighborhood.

View homes for sale in Magnolia Plantation below, or browse other neighborhoods in Bluewater Bay.

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Search Magnolia Plantation Real Estate for Sale - Market Stats

Magnolia Plantation 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 1 52 $450,000 $450,000 $450,000 $238 $238 $238
Sold (Last Year) 14 217 $672,910 $1,299,843 $410,000 $268 $455 $205

Last Year Sales By Month

Highest Sales by Month

Sep 2025 - 4237 Lost Horse Circle, Niceville, FL
Sold
4237 Lost Horse Circle, Niceville
Marvelous Magnolia Plantation Home! Located on one of the nicest streets in the neighborhood, this stunning home is turn key and priced to sell! Boasting almost 2300 sqft, this home lives large with 3 bedrooms, 2.5 baths, a formal dining space, oversized...

Detached Single Family

3 Beds
3 Baths
2,294 SqFt
View Details
Dec 2025 - 4224 Otterlake Cove, Niceville, FL
Sold
4224 Otterlake Cove, Niceville
Marvelous lakefront, cul-de-sac home is turnkey and priced to sell! Boasting almost 2,300 sq ft, this home lives large with 10ft ceilings throughout, 3BRs, 2 Baths, an oversized family room, an eat-in kitchen, and a dedicated office that could easily be...

Detached Single Family

3 Beds
2 Baths
2,258 SqFt
View Details
Jan 2026 - 4277 Armadillo Trail, Niceville, FL
Sold
4277 Armadillo Trail, Niceville
Designed for easy living, this all-brick home offers a welcoming layout, fresh updates, and the security of Niceville's gated Magnolia Plantation. An airy, open layout connects the kitchen featuring crowned cabinets, a center island, and walk-in pantry...

Detached Single Family

3 Beds
2 Baths
2,001 SqFt
View Details
Feb 2026 - 4243 Lost Horse Circle, Niceville, FL
Sold
4243 Lost Horse Circle, Niceville
Turn-key, move-in ready single-story home in the gated Magnolia Plantation community of Bluewater Bay. With an open, efficient layout and a seamless flow between living spaces, the home offers a classic brick exterior with decorative details and attractive...

Detached Single Family

3 Beds
2 Baths
2,018 SqFt
View Details
Mar 2026 - 4329 Red Fox Run, Niceville, FL
Sold
4329 Red Fox Run, Niceville
The home offers an open and comfortable living space with a cozy fireplace, perfect for entertaining. A large kitchen island means your family has a place to discuss their day, laugh with friends, or help with cooking meals and a walk in pantry. If you...

Detached Single Family

3 Beds
3 Baths
2,508 SqFt
View Details
May 2026 - 1403 Pearl S Buck Court, Niceville, FL
Sold
1403 Pearl S Buck Court, Niceville
Beautiful home in quaint, white-picket-fenced, gated community of Magnolia Plantation in much sought after Bluewater Bay. In addition to its amazing location (with A+ rated schools) this home has much to offer with its bright and spacious feeling which...

Detached Single Family

3 Beds
2 Baths
1,683 SqFt
View Details
Jun 2026 - 4313 Red Fox Run, Niceville, FL
Sold
4313 Red Fox Run, Niceville
Daphne home offers immense, two-story living within an open layout! With five bedrooms and a study, you can design rooms around your family's needs and lifestyle. If storage is high on your list, this home will not disappoint! The extra-large kitchen...

Detached Single Family

5 Beds
5 Baths
3,786 SqFt
View Details
Jul 2026 - 4231 Bobcat Cove, Niceville, FL
Sold
4231 Bobcat Cove, Niceville
THIS HOME IS UNDER CONTRACT WITH 72 HR KICK OUT CLAUSE Beautiful CUSTOM BUILT and newly painted brick home, lakefront on a quiet cul-de-sac in GATED Magnolia Plantation in gorgeous Bluewater Bay! Spacious open floor plan offers four bedrooms, three full...

Detached Single Family

4 Beds
4 Baths
3,066 SqFt
View Details
Aug 2026 - 4315 American Poets Drive, Niceville, FL
Sold
4315 American Poets Drive, Niceville
Welcome home to this charming Southern-style residence nestled in a picturesque, gated community. Surrounded by majestic magnolia trees, you'll be greeted by their breathtaking beauty and the sensational fragrance that fills the air throughout the...

Detached Single Family

3 Beds
3 Baths
2,343 SqFt
View Details

Magnolia Plantation Neighborhood Map

The following map was provided by the Magnolia Plantation Property Owners’ Association at Bluewater Bay.

Magnolia Plantation at Bluewater Bay

Bluewater Bay Neighborhoods

Magnolia Plantation Real Estate Stats

#mls-magnolia-plantation-graphstats#

We'd love to help you find the ideal home in Magnolia Plantation or other Bluewater Bay real estate. Just (850) 325-0004 or email for more information.

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