Niceville livin' on Knollwood Lane! Welcome to this this 4 bedroom spacious home tucked away on a quiet cul-de-sac inside the coveted gated neighborhood of Parkwood Estates in Bluewater Bay! Sip some sweet tea from a rocking chair on the front porch and watch the kids play. This special location is loaded with kids and walking distance to the A+ rated Bluewater Elementary school. The backyard is equally as special as the front with a beautiful pergola covered dining area, built in fire pit, and large flat yard - perfect for playing or for building a pool. Inside this charming home you'll find 4 bedrooms in a split plan - primary bedroom is located downstairs with large walk-in closet and ensuite bath outfitted with dual vanity, soaking tub, and separate shower. 3 large additional bedrooms located upstairs as well as large landing loft area and full bathroom. Back downstairs the flexible floor plan includes a front room best for a formal dining room, second living room, playroom or home office. The kitchen boasts granite countertops, solid wood cabinets, and stainless steel appliances. The great room has large vaulted ceiling up to the second story loft space as well as a wood burning fireplace and access to the backyard. A half bathroom and laundry room with access to the garage round out the first floor of this wonderful home. Recent improvements include: Roof 2023, electrical panel 2023, newer fireplace surround tile and kitchen backsplash, some smoothed ceilings, backyard pergola, and stone fire pit area. Additional items: HVAC 2017 and WH 2019 and neighborhood includes a large children's playground and play yard.