See Home Value
$440,000
● House - Off Market

4238 Lancaster Drive

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,736 Ft²
$2,701
Est. Monthly
4.69%
Cap Rate

About This Property

Seller offering incentives! Discover your dream home in this beautifully updated residence nestled on a sprawling .62-acre lot. With enchanting garden spaces and towering shade trees, this property offers a peaceful retreat and a charming 10'x10' tree house overlooking the serene creek that marks the property line. This spacious home features 4 bedrooms, 3 additional living spaces, 2 full bathrooms, and an additional powder room for guests, making it ideal for those loving space. The thoughtfully designed layout provides ample space for everyone, showcasing hardwood, ceramic tile, and laminate flooring throughout. Enjoy entertaining in the large formal dining room, cozy living room, breakfast room and versatile den, plus an extra-large laundry room complete with a sink and convenient backyard access and private patio access. Step outside to the inviting screened patio, where you can unwind in the tranquil sitting area or indulge in the hot tub. The property is fully fenced with additional property behind fenced area.

The master suite is a true sanctuary, featuring a custom walk-in closet designed for optimal organization. The kitchen has been recently renovated with stylish new fixtures and appliances, perfect for culinary enthusiasts. Sellers used the well water and had a $10,000 water softer system installed. The city water can be switched on opportunely. Conveniently located near Eglin AFB and all that Niceville has to offer, you're just minutes away from the Mid-Bay Bridge, providing easy access to dining and the beautiful beaches of Destin and Miramar Beach. So much to share regarding this home and location, give us a call today! Don't miss the opportunity to make this exceptional property your own! Schedule your showing.
Unit Size
2,736 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

Last updated: 2 years ago (ECAR MLS #960814)

Price History

Date / Event Date Event Price
Apr 2, 2025 Sold
Sold
Feb 15, 2025 In contract -
In contract
Feb 4, 2025 Price Decreased $499,900
↓ $50K (9.1%)
Price Decreased
Oct 10, 2024 Listed by Keller Williams Realty FWB $550,000
Listed by Keller Williams Realty FWB
Aug 17, 2020 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 715
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,968
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 3,877
  • Gross Building Area: 3,877
  • Building Area: 2,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,736
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWER ACRES S/D
  • Land Acres: 0000000619
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: TOWER ACRES S/D LOTS 7, 8 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 30
  • Parcel: 15-1S-22-2480-000B-0080
  • Block: B
  • Lot: 7,8
  • Meridian: SEC 15 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4972
  • Longitude: -86.4424

    Address

  • Full Address: 4238 Lancaster Dr
  • Address - House Number: 4238
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R009
  • 4-Digit Zip Code: 4500
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,284
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1938
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 556,859
  • High Value: 664,782
  • Low Value: 448,936

    Market Valuation

  • Market Total Value: $369,680
  • Market Land Value: $76,382
  • Market Improvement Value: $293,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,082

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3382552
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tower Acres


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Frequently Asked Questions

When was property at 4238 Lancaster Drive built and last sold?
The property at 4238 Lancaster Drive was built in 1977 and last sold on Aug 7, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 4238 Lancaster Drive is $493,668.
What are some comparable homes to 4238 Lancaster Drive?
There are currently no comparable homes to 4238 Lancaster Drive.