Fairway Lakes Ph II
Homes for Sale in Niceville, FL
True comps, carrying-cost math, and listings before the portals.
Photo via emeraldcoast
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.
Who Fairway Lakes Ph II is best for.
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
Housing distress & ownership in Fairway Lakes Ph II, Niceville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
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
- 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.
Recent Developments in Fairway Lakes Ph Ii
Development, infrastructure, retail, and school activity affecting Fairway Lakes Ph Ii, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 6 miles southeast of Fairway Lakes Ph Ii.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 12 miles north of Fairway Lakes Ph Ii, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 8 miles northwest of Fairway Lakes Ph Ii, elsewhere in Okaloosa County.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Fairway Lakes Ph II buying strategy.
If we were buying in Fairway Lakes Ph II today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Fairway Lakes Ph II buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairway Lakes Ph II, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
Should you buy in Fairway Lakes Ph II?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Fairway Lakes Ph II with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Historical depth | Closed-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.
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See how Fairway Lakes Ph II fits the bigger picture — live prices, inventory, and Momentum Scores:
More Niceville & Destin, Okaloosa & Walton (Emerald Coast) guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.