Own a piece of paradise! This is the waterfront lifestyle so many dream about, truly a rare opportunity on beautiful Rocky Bayou in Niceville with approx. 276+/- feet of bay frontage, your own private boat launch, 3 boat lifts, a sparkling pool, private pond, and dolphins frequently swimming just beyond the backyard. Situated on two parcels (Parcel ID's 10-1S-22-2834-0000-0050 & 10-1S-22-2834-0000-0040), this one-of-a-kind property offers an incredible combination of waterfront living, boating convenience, and peaceful outdoor space. Home features 4 bedrooms and 4 full baths, with every bedroom offering its own en-suite bath for comfort and privacy. Inside, the spacious great room showcases a dramatic cathedral ceiling and a cozy wood-burning fireplace, creating an inviting centerpiece for gatherings and everyday living. The kitchen offers custom built-ins, well-maintained cabinetry, a breakfast nook overlooking the property, and an oversized dining room perfect for entertaining. Step outside and experience what makes this property truly exceptional -- expansive waterfront views, multiple outdoor living spaces, a beautifully updated pool, private dock access, and room to enjoy boating, fishing, paddle boarding, kayaking, or simply relaxing by the water. Recent improvements include: Pool resurfaced/redone in 2025 Dock redone in 2025 with protective plastic wrap around poles All 3 HVAC systems replaced in 2025 Roof replaced in 2018 Brand new Workshop built in 2025 For your peace of mind the home has a whole house generator. Enoy your own private boat launch. 2 boat lifts, one 6000Lbs, one 25,000lbs. Double sea do lifts 4000lbs. Wrap around porches. Walk out basement to give you the best out door space. Whether you are searching for a primary residence, second home, or a true waterfront retreat, this Rocky Bayou property offers an extraordinary setting that is difficult to replicate.