Emerald Coast Fine Homes



Niceville, Florida Neighborhood Real Estate Profile

Bluewater Bay – Windward Gated Community

Neighborhood profile:  Windward is a picturesque gated community within the larger Bluewater Bay master planned development located near Niceville, Florida.  Bluewater Bay is a large resort styled community that started in the late 1970s and construction continued for decades.  Although the development is complete, new homes are still built on occasion on undeveloped privately owned lots.  The Windward neighborhood has 142 home sites. Some of the homes in Windward have direct water frontage on Choctawhatchee Bay.  Many people find the waterfront homes desirable for their picture perfect view of sunsets on the Bay.

Neighbor Size: ~142 home sites

HOA:  ~$220 quarterly in 2013

Lot size:  Most between .3 and .5 acres.

Home size:  Wide range with most between 2200 and 6200 sq ft.

Year built:  Bluewater’s gated community of Windward started in the mid 1980s and a vast majority of the executive level homes were built by the late 1990s.

Commute: Less than 25 minute drive to Eglin.

Location advantage:  Easy 5-10 drive to minute drive to Destin.  Many recreation activities are available within Bluewater Bay.

Recreation:  Many recreational activities are available in the vicinity.  Bluewater has its own golf course located within the community.  The golf course clubhouse is located near Windward.  Bluewater also has a full service marina with high and dry boat storage, boat slips and boat launch.  Additionally, Bluewater Bay has many other amenities including jogging trails, tennis complex, and swimming pools.    Windward residents have a private bay beach available for their exclusive use.

Schools:  “A” rated public schools are among the best in the State. The Windward subdivision is zoned for Bluewater Bay Elementary, choice between Ruckel Middle and Niceville High School.  Collegiate High School is also a possibility with admission done by a lottery process.

Market Analysis:  6 homes were sold in Windward in 2013 with an average price of ~$368,567 and an average heated/cooled space of ~ 2,707 square feet.  The average price per square foot for all 6 Windward homes sold in 2013 was ~$136.  None of the homes sold in Windward in 2013 had direct water frontage.  Traditionally, waterfront homes in Windward sell for considerably more than non waterfront homes in the neighborhood.

Other Windward Market facts:  Of homes sold in 2013 the average lot size was .43 acres and the median sales price was $497,100.  About Lynn Gauthier:  I live and work in Niceville as a Realtor for Berkshire Hathaway HomeServices, PenFed Realty.  I have kids in the Niceville school system and I am knowledgeable about local activities and sports.  If you are interested in additional Eglin or Niceville area real estate or community information you can visit my website at http://www.emeraldcoastfinehomes.com or feel free to call me at (850)517-6444.

Windward homes for sale