1029 Lake Way Drive, Niceville, FL 32578

$1,098,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,387 Lot Size (sq. ft.): 22,651 Status: Active
Current Price: $1,098,000 List Date: 4/04/2026 Last Modified: 4/11/2026

Description

Welcome to this beautifully updated home nestled on a serene .52 acre lot in Rocky Bayou Country Club Estates. Perfectly positioned along the 15th green of the Rocky Bayou Golf Course, this property offers exceptional privacy, peaceful views, and a lifestyle that blends comfort with elegance. Property Highlights: 4 spacious bedrooms + dedicated office + large bonus room. Ideal for working from home, hobbies, or creating the ultimate game or fitness space. The primary suite is on the first floor for easy living. Additional first-floor bedroom with its own fireplace, perfect for guests or multigenerational living. Gas fireplace in the family room adds warmth and charm. Large Florida room with wet bar, perfect for entertaining or relaxing while overlooking the golf course. New flooring,

Supplements: updated kitchen, new appliances, updated bathrooms and updated finishes throughout. Tankless hot water heater for efficiency and endless hot water. Abundant storage throughout the home. Private, wooded lot with beautiful views of both the golf course and Lake Henderson. Located in a quiet cul-de-sac, offering peace and minimal traffic. This home delivers the rare combination of space, privacy, and premium golf-course living. Whether you're hosting gatherings, enjoying quiet mornings with a view, or looking for room to grow, this property offers a lifestyle that's hard to match. All information believed to be accurate. Buyer should verify all information they deem important.

Open Houses

Sunday, April 12, 12:00 pm - 2:00 pm

More Information MLS# 997769

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 250.28 List Date: 2026-03-11 Current Price: $1,098,000 List Price: $1,098,000

Location, Tax and Legal

Sub Area: 1305 - Niceville North Elementary School: Plew Middle School: Ruckel High School: Niceville Legal Description: LAKE WAY VILLAS III LOT 8

General Property Info

Sub-Type: Detached Single Family Design: Traditional SqFt Source: County PA Records Immediate Occupancy: Yes Garage: Yes Carport: No Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 4387 Bedrooms: 4 Full Baths: 4 Total Bathrooms: 4 # Stories: 2 Year Built: 1993 Garage Spaces: 2 Acreage: 0.52

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 165 Annual Assessment Amount: 165 Assessment Paid: Annually New Buyer Fee: No New Buyer Fee Amt: 0 New Buyer Fee Paid: $ Last Taxes: 6133.54 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Welcome to this beautifully updated home nestled on a serene .52 acre lot in Rocky Bayou Country Club Estates. Perfectly positioned along the 15th green of the Rocky Bayou Golf Course, this property offers exceptional privacy, peaceful views, and a lifestyle that blends comfort with elegance. Property Highlights: 4 spacious bedrooms + dedicated office + large bonus room. Ideal for working from home, hobbies, or creating the ultimate game or fitness space. The primary suite is on the first floor for easy living. Additional first-floor bedroom with its own fireplace, perfect for guests or multigenerational living. Gas fireplace in the family room adds warmth and charm. Large Florida room with wet bar, perfect for entertaining or relaxing while overlooking the golf course. New flooring,

Construction Status

Construction Complete: 1

Parking Features

Garage Attached: 1

Waterview

Lake: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Cul-De-Sac: 1 Golf Course: 1 Interior: 1

Project Facilities

Golf: 1

Construction/Siding

Brick: 1 Roof Dimensional Shg: 1 Slab: 1 Trim Vinyl: 1

Utilities

Community Water: 1 Electric: 1 Gas - Natural: 1

Zoning

Resid Single Family: 1

Exterior

Lawn Pump: 1 Porch: 1 Sprinkler System: 1

Interior

Breakfast Bar: 1 Built-In Bookcases: 1 Ceiling Tray/Cofferd: 1 Fireplace: 1 Fireplace Gas: 1 Floor Vinyl: 1 Kitchen Island: 1 Lighting Recessed: 1 Newly Painted: 1 Pantry: 1 Shelving: 1 Washer/Dryer Hookup: 1 Woodwork Painted: 1

Financing

Conventional: 1 VA: 1

Appliances

Auto Garage Door Opn: 1 Cooktop: 1 Disposal: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator W/IceMk: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat Cntrl Gas: 1 Water Heater - Gas: 1 Water Heater - Tnkls: 1

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: 1 MBath Separate Shwr: 1 MBath Whirlpool: 1 MBed Trey Ceiling: 1 MBed Walk-in Closet: 1

Master Bedroom

First: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Bonus Room: 1 Dining Room: 1 Family Room: 1 Florida Room: 1 Foyer: 1 Kitchen: 1 Master Bathroom: 1 Master Bedroom: 1 Office: 1 Storage: 1

Fees Include

Accounting: 1 Master Association: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 13 - Niceville Street #: 1029 Street Name: Lake Way Street Suffix: Drive State: FL Zip Code: 32578 County: Okaloosa Project Name/Subdivision: LAKE WAY VILLAS 3 Parcel ID: 04-1S-22-141C-0000-0080

Property Features

Construction Status: Construction Complete Lot Features: Cul-De-Sac; Golf Course; Interior Zoning: Resid Single Family Waterview: Lake Parking Features: Garage Attached Project Facilities: Golf Exterior: Lawn Pump; Porch; Sprinkler System Interior: Breakfast Bar; Built-In Bookcases; Ceiling Tray/Cofferd; Fireplace; Fireplace Gas; Floor Vinyl; Kitchen Island; Lighting Recessed; Newly Painted; Pantry; Shelving; Washer/Dryer Hookup; Woodwork Painted Appliances: Auto Garage Door Opn; Cooktop; Disposal; Microwave; Oven Self Cleaning; Refrigerator W/IceMk Utilities: Community Water; Electric; Gas - Natural Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Gas; Water Heater - Gas; Water Heater - Tnkls Master Bedroom: First Bedroom: First; Second Kitchen: First Rooms: Bedroom; Bonus Room; Dining Room; Family Room; Florida Room; Foyer; Kitchen; Master Bathroom; Master Bedroom; Office; Storage Financing: Conventional; VA Fees Include: Accounting; Master Association

Room Information

Foyer Level: First Dimensions: 10 x 8 Length: 10.00 Width: 8.00 Dimensions: 10 x 8 Family Room Level: First Dimensions: 22 x 16 Length: 22.00 Width: 16.00 Dimensions: 22 x 16 Dining Room Level: First Dimensions: 17 x 12 Length: 17.00 Width: 12.00 Remarks: Formal Dimensions: 17 x 12 Kitchen Level: First Dimensions: 21 x 18 Length: 21.00 Width: 18.00 Dimensions: 21 x 18 Bonus Room Level: First Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Dimensions: 8 x 8 Office Level: First Dimensions: 14 x 8 Length: 14.00 Width: 8.00 Dimensions: 14 x 8 Master Bedroom Level: First Dimensions: 18 x 15 Length: 18.00 Width: 15.00 Dimensions: 18 x 15 Master Bathroom Level: First Dimensions: 13 x 6 Length: 13.00 Width: 6.00 Dimensions: 13 x 6 Florida Room Level: First Dimensions: 54 x 11 Length: 54.00 Width: 11.00 Dimensions: 54 x 11 Bedroom Level: Second Dimensions: 24 x 15 Length: 24.00 Width: 15.00 Dimensions: 24 x 15 Bedroom Level: Second Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: First Dimensions: 19 x 14 Length: 19.00 Width: 14.00 Dimensions: 19 x 14 Storage Level: First Dimensions: 9 x 7 Length: 9.00 Width: 7.00 Remarks: Finish - off of Bonus Room Dimensions: 9 x 7
Listing Office: Coldwell Banker Realty
Last Updated: April - 11 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.