Listing provided courtesy of Realty ONE Group Emerald CoastMLS# 993624MLS Provider
  • 157 days on site
  • 1 views

Experience refined waterfront living on Rocky Bayou in Niceville, where architectural elegance and coastal luxury come together in this to-be-built custom residence. Offering 3,255 square feet of thoughtfully designed living space, this home is crafted to capture the beauty, serenity, and prestige of its exceptional bayfront setting. The home's open-concept design is enhanced by expansive windows and carefully positioned living spaces that frame sweeping, unobstructed views of the entire bay. Multiple outdoor living areas—including a covered waterfront patio and an upper-level balcony—provide the perfect setting for morning sunrises, evening sunsets, and tranquil bay breezes. Designed with both sophistication and comfort in mind, the residence features three bedrooms, three and a half bathrooms, and a private residential elevator, offering seamless access between levels and an added layer of convenience and long-term livability. High ceilings, generous living areas, and a flowing floor plan create an atmosphere ideal for both intimate gatherings and elegant entertaining. For boating enthusiasts, this property delivers direct deep-water access with no fixed bridges, allowing effortless travel to Choctawhatchee Bay, Destin Harbor, Crab Island, and the East Pass leading into the Gulf of America. A private dock offers immediate access for boating, paddleboarding, or simply enjoying life on the water. From an investment perspective, this is a rare new-construction waterfront offering in one of the area's most desirable bayou settings. The combination of modern construction, premier water access, and timeless coastal design ensures enduring appealwhether as a primary residence, luxury retreat, or investment opportunity.

Source: Emerald Coast MLS, MLS#: 993624

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  • Property Type
    Residential
  • Lot
    0.17 acres

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Lisa and Dennis Ritter

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 508 Village Oaks Lane


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/17/2026Source: Emerald Coast MLS Price Increase
$1,800,000 9.1%
1/23/2026Source: Emerald Coast MLS Added to Database
January 23, 2026