Gleneagles Green Bluewater Bay
Homes for Sale in Niceville, FL
All 182 homes for sale in Niceville, FL · median $499,900 · 183 homes for sale in 32578 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Gleneagles Green Bluewater Bay in Niceville, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $386,250, a median 40 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 1983–2005; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 14 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,980 ($4,470 with the full homestead exemption).
Part of the Bluewater Bay master-planned community in Niceville, FL — see all Bluewater Bay homes for sale (14 listings across 17 villages and sections in the MLS).
| Location | Niceville, Okaloosa County, FL · ZIP 32578 |
|---|---|
| Homes in the community | 51 (FL DOR 2025 assessment roll) |
| Years built | 1982–2005 (median 1983) |
| Typical living area | 2,127 sq ft (median) |
| Home types (current listings and sales) | townhouses 100% |
| Amenities listed by sellers | Marina, Pool, Tennis Court(s), Boat Launch, Golf, Pickleball |
| Sale prices, last 12 months | $386,250 median across 4 closed sales |
| Days on market (closed sales) | 40 median |
| For sale right now | 2 active, 0 pending · median asking $337,000 · 6.0 months of supply |
| Owner-occupied (homestead) share | 63% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “GLENEAGLES GREEN BLUEWATER BAY key facts,” movewithmomentum.com/neighborhoods/gleneagles-green-bluewater-bay, data as of September 20, 2026.
Price here is condition-driven more than anything else. With a median around $386,250 and only a couple of active listings, what sells and what it sells for depends heavily on the specific home — updates, finishes, and how it shows. This is a small, defined pocket within Bluewater Bay, so there is no deep bench of comparable inventory to anchor expectations; each closing carries weight.
Days on market sit just over 40, which reads as a measured pace, not a frenzy and not a stall. For a seller, that means pricing to condition and being patient rather than expecting a bidding war. For a buyer, the thin active count is the real constraint: when the right home appears, you move, because the next one may be weeks out.
Gleneagles Green Bluewater Bay right now
🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Gleneagles Green Bluewater Bay market snapshot (as of September 20, 2026): the median sale price is about $386K, a median 41 days on market for closed sales, and 6.0 months of supply, a balanced market.
In ZIP 32578 (Niceville), 347 homes closed in the last 12 months at a median of $530K, down 4.2% year over year, with a median 43 days on market. Right now 66 active and 39 pending listings put supply at about 3.4 months — a healthy market. See the live ZIP 32578 housing market and the Okaloosa County market.
Gleneagles Green Bluewater Bay is a community of 51 homes in Niceville, Okaloosa County, built between 1982 and 2005 (median 1983), with a median living area of about 2,127 square feet. 63% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Gleneagles Green is a small enclave inside the larger Bluewater Bay area of Niceville, where turnover is light and the handful of homes that trade set the tone for the whole pocket.
The setting & the homes.
Aerial and on-site photos of Gleneagles Green Bluewater Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Gleneagles Green Bluewater BayPhotos from Emerald Coast MLS listings in Gleneagles Green Bluewater Bay; content deemed reliable but not guaranteed.
Who Gleneagles Green Bluewater Bay is best for.
Best for
- Buyers targeting the Bluewater Bay area with a budget that lines up with a mid-$380s median
- Patient buyers willing to wait weeks for the right listing rather than settle
- Owners looking for a lower-turnover pocket where homes are judged individually
Probably not for
- Buyers who need shared community amenities, since none are identified in current listings
- Buyers who want a broad selection to compare on a single weekend of showings
- Sellers expecting a fast, competitive sale regardless of the home's condition
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($386K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
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.
30% of homes for sale in ZIP 32578 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).
Gleneagles Green Bluewater Bay Market Scorecard
Gleneagles Green Bluewater Bay is currently a balanced market. About 6.0 months of supply, a median asking price of $337,000, and homes go under contract in about 108 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in GLENEAGLES GREEN BLUEWATER BAY, 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 Gleneagles Green Bluewater Bay
Live MLS inventory for Gleneagles Green Bluewater Bay. 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 Gleneagles Green Bluewater Bay listings as of 2026-10-01, 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.
Every Home for Sale in Gleneagles Green Bluewater Bay Right Now (2)
All 2 active and pending Gleneagles Green Bluewater Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 134 Gleneagles Drive #-134 · $335,000 · 2 bd / 2 ba · listed Jul 23, 2026 · listed by Scenic Sotheby's International Realty
- 149 Gleneagles Drive #149 · $339,000 · 2 bd / 2 ba · listed Jul 2, 2026 · listed by LoKation
Gleneagles Green Bluewater Bay on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Plew · Elementary
- Choice-Destin/Ruckel · Middle
- Niceville · High
Zoned schools reflect the assignments reported on recent Gleneagles Green Bluewater Bay 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 Gleneagles Green Bluewater Bay address.
Shop the zone: Homes zoned for Niceville High School
The Gleneagles Green Bluewater Bay buying strategy.
If we were buying in Gleneagles Green Bluewater Bay 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 Gleneagles Green Bluewater Bay.
A thin-inventory pocket where condition sets the number
With only two active listings and a short recent closing window, this is a low-volume market by nature. The median near $386,250 is a useful reference point, but it should not be read as a fixed price band — a single well-updated or dated home can pull the picture in either direction. Treat the median as an anchor and then underwrite the individual property in front of you.
No community amenities surface in the current MLS listings, so the value case rests on the homes themselves and the broader Bluewater Bay location rather than on shared facilities. Buyers who need a specific feature — a particular layout, updated kitchen, or lot type — should be prepared to wait for the right listing and act decisively when it lands.
The location and the amenities are priced into every listing in Gleneagles Green Bluewater Bay. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Gleneagles Green Bluewater Bay buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.8). Basis: Liquidity & Demand 6.0 months of supply; Owner Commitment 63% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a pocket this small, general area stats only get you so far. We track what actually closes in Gleneagles Green and across Bluewater Bay, so we can tell you whether a given asking price reflects condition or wishful thinking — and, for sellers, where your home realistically sits against the last few sales.
Gleneagles Green Bluewater Bay in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Gleneagles Green Bluewater Bay 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 Gleneagles Green Bluewater Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gleneagles Green Bluewater Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gleneagles Green Bluewater Bay home worth?
Get a no-obligation home value based on real comparable sales in Gleneagles Green Bluewater Bay, 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 all homes for sale in Niceville →
Frequently Asked Questions
What is the median home price in Gleneagles Green Bluewater Bay?
How long do homes in Gleneagles Green Bluewater Bay take to sell?
Is Gleneagles Green Bluewater Bay a buyer's or seller's market right now?
How many homes are in Gleneagles Green Bluewater Bay?
What share of Gleneagles Green Bluewater Bay is owner-occupied?
When were the homes in Gleneagles Green Bluewater Bay built?
Who is the best real estate agent for Gleneagles Green Bluewater Bay?
How do I find a top Niceville real estate agent who knows Gleneagles Green Bluewater Bay?
Can Momentum Realty connect me with an agent for Gleneagles Green Bluewater Bay?
Where is Gleneagles Green Bluewater Bay, and what county is it in?
Should you buy in Gleneagles Green Bluewater Bay?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32578)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1993 (40 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 Emerald Coast MLS 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 Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how GLENEAGLES GREEN BLUEWATER BAY fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Gleneagles Green Bluewater Bay
- Home values · What homes in Gleneagles Green Bluewater Bay actually sell for
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