Mediterranean Village at Bluewater Bay
Homes for Sale in Niceville, FL

Mediterranean Village at Bluewater Bay is a compact, early-2000s enclave in Niceville where homes cluster tightly around one size and one build era, so the interesting differences are in condition and finish rather than square footage.

Emerald Coast MLS sales records identify 26 homes in MEDITERRANEAN VILLAGE AT BLUEWATER BAY that have changed hands since 2006, built between 2002 and 2004 (median 2004), with a median living area of about 1,885 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Mediterranean Village at Bluewater Bay is too small for its own price trend, so here is the market around it.

In ZIP 32578, 224 homes are on the market and 30% are under contract — a steady corner of Niceville.

Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).

In ZIP 32578 (Niceville), 61 homes closed in the last 12 months at a median of $519K, with a median 26 days on market. Right now 25 active and 16 pending listings. See the live ZIP 32578 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Mediterranean Village at Bluewater Bay specifically. Momentum Research analysis of MLS records.

• Plew · Elementary
• Ruckel · Middle
• Niceville · High

Zoned schools reflect the assignments reported on recent Mediterranean Village at 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 Mediterranean Village at Bluewater Bay address.

With only 39 homes and a build range spanning just 2002 to 2004, this is one of the more predictable subdivisions you will underwrite in the area. The median living area sits at about 2,168 square feet, and because the vintage is consistent, most homes are now at the age where roofs, HVAC, and finishes are the swing factors. Read those line items carefully — they will explain most of the price difference between one listing and the next.

No community amenities surfaced in current MLS listings, so treat this as a residential enclave rather than an amenitized resort-style community; the location within Bluewater Bay in Niceville is the draw. With a high homestead share and typically low listing counts, the practical challenge is availability — the right home may simply not be on the market when you want it, which rewards buyers who are set up to move quickly.

In a 39-home enclave with one active listing and one recent close, generic market data will mislead you. We track this pocket at the parcel level, we know when a rare listing is coming, and we can tell you whether a given home's price reflects its condition or its owner's optimism — which is the only question that matters when the product is this uniform.