Fairway Lakes Ph II in Niceville

Fairway Lakes Ph II
Homes for Sale in Niceville, FL

Community in Niceville · Okaloosa County · ZIP 32578
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Photo via emeraldcoast

Built fromLive emeraldcoast data3 years of closingsUpdated twice daily
Live · Fairway Lakes Ph II Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Fairway Lakes Ph II is running a single active listing as of late July 2026, so there is no depth to average away. With inventory this thin, one home sets the tone: its condition, its pricing, and how motivated that one seller is will define what a buyer can negotiate. There is no meaningful spread to point to, which means price here is driven by the individual property rather than a broad community trend.

For a buyer, the posture is patience plus readiness — when a market is this small, the right home may not sit for long, and you may wait weeks for the next option to surface. For a seller, the flip side is real leverage: with essentially no competing supply, a well-prepared listing does not have to fight for attention. The catch is that thin data cuts both ways, and pricing off a single comparable is guesswork without careful analysis.

Best for

  • Buyers set on Fairway Lakes Ph II specifically and willing to wait for inventory to surface
  • Buyers who can act quickly and decisively when a single home comes to market
  • Sellers wanting to list into a market with essentially no competing supply

Probably not for

  • Buyers who need several homes to compare before committing
  • Buyers on a tight timeline who cannot wait for the next listing
  • Buyers wanting community amenities, since none are identified from current listings

Homes For Sale Right Now in Fairway Lakes Ph II

Live MLS inventory for Fairway Lakes Ph II. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Fairway Lakes Ph II listings as of 2026-07-25, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Bluewater · Elementary
  • Ruckel · Middle
  • Niceville · High

Zoned schools reflect the assignments reported on recent Fairway Lakes Ph II listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Fairway Lakes Ph II address.

If we were buying in Fairway Lakes Ph II today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fairway Lakes Ph II.

Best Buy
Buyers targeting this specific pocket of Niceville who can wait for the right home.
Biggest Risk
With one listing, thin data makes precise pricing difficult.
Sweet Spot
A well-prepared home meeting a patient, ready buyer.
Avoid If
You need immediate selection and multiple homes to compare.

A one-listing market

The defining fact of Fairway Lakes Ph II today is scarcity of supply. A single active listing means there is no range to shop against and no easy way to triangulate value from within the community itself. Anyone serious here should be prepared to lean on comparables from the surrounding Niceville market and to move deliberately when the right home appears.

No community amenities surface from the current MLS listings, so the draw here is the home and the location rather than shared facilities or built-in features. That keeps the buying decision property-specific: what you pay should track the condition and merits of the individual house, not an amenity package.

The location and the amenities are priced into every listing in Fairway Lakes Ph II. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with one listing and no internal comps, the value we add is disciplined pricing and honest expectation-setting. We pull the wider Niceville data, tell you what a single-home market can and cannot support, and keep you ready to act when the next property comes online rather than reacting to hype.

Fairway Lakes Ph II in 15 seconds.

Best forBuyers targeting this specific pocket of Niceville who can wait for the right home.
Biggest advantageSellers benefit from near-zero competition in the current listing environment.
Biggest riskWith one listing, thin data makes precise pricing difficult.
Sweet spotA well-prepared home meeting a patient, ready buyer.
Avoid ifYou need immediate selection and multiple homes to compare.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairway Lakes Ph II sales matched to your home.

What is your Fairway Lakes Ph II home worth?

Get a no-obligation home value based on real comparable sales in Fairway Lakes Ph II, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Fairway Lakes Ph II on the map →

Real comps, not an automated estimate.
Buyers set on Fairway Lakes Ph II specifically and willing to wait for inventory to surfaceExcellent fit
Buyers who can act quickly and decisively when a single home comes to marketExcellent fit
Sellers wanting to list into a market with essentially no competing supplyExcellent fit
Buyers who need several homes to compare before committingProbably not
Buyers on a tight timeline who cannot wait for the next listingProbably not
Buyers wanting community amenities, since none are identified from current listingsProbably not

Nearby Communities

Explore more neighborhoods near Fairway Lakes Ph II with Momentum Realty’s local guides.

DMDeer Moss Creek NicevilleNiceville, FL · 3.1 miPRPatriot Ridge CrestviewNiceville, FL · 17.6 miSRShoal River Landing CrestviewNiceville, FL · 20.2 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Historical depthClosed-sale records back to 2023 (1 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of emeraldcoast records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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