Situated on a spacious 1/3-acre lot in Raintree Estates, this 4BR/2BA Bluewater Bay home offers a comfortable split-bedroom floor plan with room to enjoy both inside and out. The interior features a separate dining room, a versatile flex room currently being used as a bedroom, a roomy living area, and an eat-in kitchen with plenty of space for everyday living. LVP flooring extends throughout the home with no carpet. The master bedroom includes two walk-in closets, double vanities, a garden tub, and a separate shower. Out back, the screened pool and large screened porch create a great space for relaxing or entertaining, while the fenced yard provides additional outdoor space. A storage building with electricity offers room for tools, equipment, or recreational items. Major systems include a 2009 metal roof, 2019 HVAC & 2023 water heater. The voluntary HOA offers access to neighborhood parks, sports fields, playgrounds, nature trails, a pavilion, and a waterfront area with a dock. Conveniently located near shopping, military bases, and Niceville schools, this home offers a great combination of space, outdoor living, and a desirable Bluewater Bay location.