Homes in Parkwood Estates, Niceville, FL

Parkwood in Bluewater Bay in the city of Niceville, FL, is divided into two upper and lower sections. Parkwood Estates is a gated community which is above Range Road features upscale, larger homes. Here you'll find newer brick houses in the 3,000 square foot range with spacious yards. The Village of Bolton is a quiet cul-de-sac in Parkwood Estates featuring large family homes tucked behind quaint, white picket fencing.

The neighborhoods between Range Road and John Sims have smaller, single family homes on smaller lots. These are perfect starters or empty nesters.These areas include: Parkwood CoveParkwood Court, Parkwood Place, Parkwood Lane, Parkwood Square.

Homes in Parkwood Estates offer easy access to both Highway 20 and the Mid-Bay Bridge Connector, Niceville conveniences and Destin and area shops, restaurants, and beaches are just a short drive. The closest park is Fred Gannon Rocky Bayou State Recreation area.

View homes for sale in Parkwood Estates below, or browse other neighborhoods in Bluewater Bay.

Real Estate in Parkwood Estates

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Real Estate in Parkwood Estates - Market Stats

Parkwood Estates 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 44 $702,000 $729,000 $675,000 $241 $269 $213
Sold (Last Year) 11 322 $567,900 $730,000 $465,000 $252 $306 $186

Last Year Sales By Month

Highest Sales by Month

May 2025 - 4549 Castlewood Lane, Niceville, FL
Sold
4549 Castlewood Lane, Niceville
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home with an office and a 2-car garage, located in the highly sought-after gated community of Parkwood Estates in Bluewater Bay. Just steps away from top-rated Bluewater Elementary, this...

Detached Single Family

3 Beds
3 Baths
2,249 SqFt
View Details
Jun 2025 - 4554 Knollwood Lane, Niceville, FL
Sold
4554 Knollwood Lane, Niceville
Niceville livin' on Knollwood Lane! ASSUMABLE VA loan available to buyers who qualify for full transfer of eligibility (5.375% rate with US Bank) Welcome to this 4 bedroom spacious home tucked away on a quiet cul-de-sac inside the coveted gated...

Detached Single Family

4 Beds
3 Baths
2,691 SqFt
View Details
Aug 2025 - 4546 Nancy Ward Lane, Niceville, FL
Sold
4546 Nancy Ward Lane, Niceville
Welcome to your dream pool home in the desirable gated Niceville community of Parkwood Estates! This beautifully updated 4-bedroom, 3-bath home sits on one of the largest lots in the neighborhood at the end of a quiet dead-end street, offering privacy and...

Detached Single Family

4 Beds
3 Baths
2,388 SqFt
View Details
Sep 2025 - 4552 Knollwood Lane, Niceville, FL
Sold
4552 Knollwood Lane, Niceville
**Reduced Price, Motivated Seller!!** 5-BEDROOM • GATED PARKWOOD COMMUNITY • NEAR EGLIN AFB • A+ SCHOOLS • REMODELED KITCHEN • 2025 ROOF & WATER HEATER • WORKSHOP W/ POWER • ROOM FOR A POOL, Beautiful 5-BEDROOM, 3 BATH home in the GATED COMMUNITY of...

Detached Single Family

5 Beds
3 Baths
2,571 SqFt
View Details
Oct 2025 - 4559 Castlewood Lane, Niceville, FL
Sold
4559 Castlewood Lane, Niceville
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...

Detached Single Family

4 Beds
3 Baths
2,450 SqFt
View Details
Dec 2025 - 1680 Parkside Circle, Niceville, FL
Sold
1680 Parkside Circle, Niceville
**New REDUCED Price** 4 BEDROOMS with 2 LIVING SPACES. SELLERS OFFERING CONCESSIONS TO BUYER TO USE TOWARDS DOWN PAYMENT, BUY DOWN POINTS, etc!! NO Rear Neighbors! Home just Professionally Painted, NEW QUARTZ Countertops in kitchen, NEW FLOORING...

Detached Single Family

4 Beds
3 Baths
2,763 SqFt
View Details
Mar 2026 - 1614 Myrtlewood Lane, Niceville, FL
Sold
1614 Myrtlewood Lane, Niceville
Beautiful Brick Home in Highly Sought-After Parkwood Estates - Bluewater Bay Don't miss this incredible opportunity to own an all-brick, updated, upgraded home in the highly desirable Parkwood Estates community of Bluewater Bay. This thoughtfully...

Detached Single Family

4 Beds
2 Baths
2,014 SqFt
View Details

Bluewater Bay Neighborhoods

Parkwood Estates Real Estate Stats

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Parkwood Estates 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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