4238 Otterlake Cove, Niceville, FL 32578 (MLS# 1000200)

4238 Otterlake Cove, Niceville, FL 32578

New Listing

$635,000

Virtual Tour

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Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,571 Lot Size (sq. ft.): 14,375 Status: Sold

Current Price: $635,000 List Date: 4/09/2026 Last Modified: 4/09/2026

Description

Bluewater Bay Living at Its Best | 3 Bedrooms + Office | Gated Community - Welcome to this meticulously maintained single-story brick home located in the highly sought-after Bluewater Bay community of Niceville. Situated inside the gated neighborhood of Magnolia Plantation, this home offers the perfect balance of privacy, comfort, and exceptional amenities in one of the Emerald Coast's most desirable locations. This thoughtfully designed single level floor plan features: 3 spacious bedrooms, a dedicated, separated office -- ideal for working from home & easily convertible to a 4th bedroom if needed. It also has a formal dining room for hosting and holiday gatherings. You will appreciate the open, functional living spaces with great flow and the high ceilings that give you breath of

Supplements: space. The updated kitchen shines with modern finishes and is perfectly positioned for entertaining, while the renovated primary bath offers a beautifully refreshed, spa-like retreat. Step outside to the oversized screened porch -- your bug-free outdoor living space -- perfect for relaxing year-round. The flat yard provides usable space for pets, play, or gardening, all while remaining easy to maintain. Living in Bluewater Bay means enjoying a true lifestyle community, with access to:Golf, Tennis center & Pickleball Courts, Marina Access, Community Pools, Parks and Scenic Outdoor Spaces. This home in its prime location has it all and will not last long. Make an appointment to see it today!

More Information MLS# 1000200

Status Change Info

Sold Price/SqFt: 246.99 Status: Sold Under Contract Date: 2026-02-27 Sold Date: 2026-03-30 Sold Price: $635,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 246.99 List Date: 2026-02-26 Current Price: $635,000 List Price: $635,000

Location, Tax and Legal

Sub Area: 1308 - Bluewater Bay Elementary School: Bluewater Middle School: Choice-Destin/Ruckel High School: Niceville Legal Description: MAGNOLIA PLANTATION AT B/B LOT 32

General Property Info

Sub-Type: Detached Single Family Design: Traditional SqFt Source: Appraiser Immediate Occupancy: No Garage: Yes Carport: No Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 2571 Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 1 Year Built: 1997 Garage Spaces: 2 Acreage: 0.33

Listing Info, Tax & Legal

Who Paid Doc Stamps: Seller Who Paid Title: Buyer Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 255 Annual Assessment Amount: 1020 Assessment Paid: Quarterly New Buyer Fee: Yes New Buyer Fee Amt: 0.25 New Buyer Fee Paid: % Last Taxes: 5066.8 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Bluewater Bay Living at Its Best | 3 Bedrooms + Office | Gated Community - Welcome to this meticulously maintained single-story brick home located in the highly sought-after Bluewater Bay community of Niceville. Situated inside the gated neighborhood of Magnolia Plantation, this home offers the perfect balance of privacy, comfort, and exceptional amenities in one of the Emerald Coast's most desirable locations. This thoughtfully designed single level floor plan features: 3 spacious bedrooms, a dedicated, separated office -- ideal for working from home & easily convertible to a 4th bedroom if needed. It also has a formal dining room for hosting and holiday gatherings. You will appreciate the open, functional living spaces with great flow and the high ceilings that give you breath of

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1

Lot/Parcel Access

Paved Road: 1 Private Road: 1

Lot Features

Covenants: 1 Cul-De-Sac: 1 Interior: 1 Level: 1 Restrictions: 1

Construction/Siding

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

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Fenced Back Yard: 1 Porch Screened: 1 Sprinkler System: 1

Energy

Ceiling Fans: 1 Water Heater - Gas: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Family Room: 1 Kitchen: 1 Master Bedroom: 1

Location Tax and Legal

Area: 13 - Niceville Street #: 4238 Street Name: Otterlake Street Suffix: Cove State: FL Zip Code: 32578 County: Okaloosa Project Name/Subdivision: MAGNOLIA PLANTATION AT BLUEWATER BAY Parcel ID: 15-1S-22-2100-0000-0320

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Cul-De-Sac; Interior; Level; Restrictions Zoning: Resid Single Family Parking Features: Garage; Garage Attached Exterior: Fenced Back Yard; Porch Screened; Sprinkler System Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: Ceiling Fans; Water Heater - Gas Master Bedroom: First Bedroom: First Kitchen: First Rooms: Bedroom; Dining Room; Family Room; Kitchen; Master Bedroom

Room Information

Family Room Level: First Dimensions: 25 x 13 Length: 25.00 Width: 13.00 Dimensions: 25 x 13 Dining Room Level: First Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Kitchen Level: First Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Bedroom Level: First Dimensions: 11 x 11 Length: 11.00 Width: 11.00 Dimensions: 11 x 11 Master Bedroom Level: First Dimensions: 19 x 17 Length: 19.00 Width: 17.00 Dimensions: 19 x 17

Listing Office: EXP Realty LLC

Last Updated: April - 09 - 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.