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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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508 Village Oaks Ln , Niceville, FL 32578
$1,850,000
Est. Payment: $10,220.98/mo
3 Bed
4 Bath
3255 Sqft
0.17 Acres
Status: Active | Days on site: 209
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Brandi L deGafferelly , 850-398-0066 Realty ONE Group Emerald Coast , 850-842-3211. Emerald Coast Multiple Listing Services

Property Type

Residential

Lot/Acreage
0.17

Year Built

2026

County

Okaloosa

Area

13 - Niceville

Neighborhood

Village Oaks

Listing ID

993624

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Microwave, Oven Self Cleaning, Smoke Detector, Stove/Oven Gas
Air Cond:Central Air
Fireplaces:
Other:
  • ▪ Additional:Elevator, Kitchen Island, Pantry, Washer/Dryer Hookup

Exterior Features

Lot:Level,Bay,Bayou
Lot Dimensions:72.9x199x54x150.3
Zoning:Resid Multi-Family
Others:
  • ▪ Additional:Balcony, Dock, Patio Covered
Sewer:Public Sewer
Principal Interest
$10,221
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,220.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,220.98 $1,179.38 $0.00 $11,400.36
Yearly $122,651.80 $14,152.50 $0.00 $136,804.30
Total $3,679,554.07 $424,575.00 $0.00 $4,104,129.07

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Niceville, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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