Pine Lake S/D
Homes for Sale in Niceville, FL

Pine Lake is an established, owner-occupied subdivision in Niceville where a wide build range — roughly a century of housing — sits under a median living area just over 2,000 square feet. No community amenities show in current MLS listings, so what you're buying is the house and the location, not a shared package.

Emerald Coast MLS sales records identify 23 homes in PINE LAKE S/D that have changed hands since 2001, built between 1969 and 2021 (median 1973), with a median living area of about 1,634 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.

County records show 30 qualified sales in PINE LAKE S/D across 2024–2025 (21 in 2024, 9 in 2025), median $425,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Pine Lake S/D is too small for its own price trend, so here is the market around it.

In ZIP 32578, 265 homes are on the market and 31% are under contract — a fast-moving corner of Niceville.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

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.

ZIP and county figures describe the wider market, not Pine Lake S/D specifically. Momentum Research analysis of MLS records.

The defining feature of Pine Lake is its spread of eras. A median year built of 1984 tells you the core of the neighborhood is decades old, but the range from 1900 to 2024 means you'll encounter everything from original older structures to recent infill construction on the same streets. That variety is why there's no single price you can assume — the number that matters is how updated a given home is.

With 535 homes, this is a substantial community, and the 71% homestead share points to owners who stay. There are no community amenities identified from current listings, so evaluate each property on its own lot, layout, and updates rather than expecting shared facilities. The median living size of roughly 2,060 square feet is a useful anchor for what a typical home offers, but square footage alone won't tell you condition.

In a subdivision where build years span roughly a century and price hangs on condition, the wrong comp can cost you real money on either side of the table. We read Pine Lake house by house — matching updates, era, and lot to the right comparables instead of leaning on a neighborhood average — so buyers don't overpay for dated stock and sellers price renovations for what they're actually worth.

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