HOMES BY DARCI
Southern Key Realty
4505 Eldorado Way Melbourne FL 32934
Price Reduction
Address
4505 Eldorado Way, Melbourne, FL
Price
$ 950,000
Property Attributes
- MLS#1060515
- TypeSingle Family
- Listing Status Active
- CountyBrevard
- CityMelbourne
- AreaLake Washington-S of Post
- Zip32934
- StyleSingle Family Residence
- Year Built1975
- Taxes$ 3038
- Price$ 950,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2094
- Lot Size5 Acres
Data Source:
Space Coast AOR
Property Description
Lifestyle & Income: The Ultimate Multi-Use Estate Near Lake Washington! Nestled on a sprawling 5-acre tract of land in a park-like setting, this rare opportunity offers a turnkey lifestyle with income. Current set-up offers horse boarding and immediate revenue. Also great for enthusiasts of boats, car collectors and more, with ample space for vehicle storage, workshops, etc... The remodeled home has 4 bedrooms, 3 bathrooms, including two spacious primary suites, making it ideal for multi-generational living. There are 2 Barns (17 stalls total), Lighted Riding Arena, Lunge Pen, 4 Pastures, 3 Wash Racks, 2 Tack rooms. The back yard oasis includes a grilling gazebo, larger gazebo outside the riding arena, fire pit & above-ground pool. Whether you're looking to run a thriving boarding business, house a massive car collection, or enjoy a private estate near the water, this property delivers it all. Live your Passion. Grow your income. Welcome home! Read on - more..... THE HOUSE -2018 Roof, 2017 Plumbing, 5-year-old Water Heater, 3-year-old kitchen appliances -2-car attached garage plus a 4-bay covered carport -Beautiful newer tile flooring throughout the home -Large Hallway bathroom has Claw Tub, Glass doors to shower, private toilet, double sink, storage area & tiled walls. -The Main Primary Suite is large and has a Walk-in Closet, double vanity sink, tile shower and a sliding barn door. -Family room has a beautiful tongue and groove ceiling and opens to the kitchen and dining rooms & has a door out to the porch. -Kitchen has deep sinks, a disposal and lots of pantry space. -All 4 bedrooms have sliding barn doors. -Knock-down ceilings throughout the home -Owners prefer well water, but city water is available in front of the house if buyer wants to hook into city water. THE BARN/HORSE AREA -This is currently an Income-Producing Facility -Large lighted arena approximately 200x100. -Large Lunge Pen -Con-X Container used to store all Feed (approx. 20x10) conveys with the property. -Main Barn Stalls are 12x12, except two are 10x12. -Main Barn has roll-down door on front. -Stalls bottoms are shell/sand base with sawdust. -Horse Walker has shell footing underneath it. -Main Barn has sliding stall doors. -Back barn; 2 stalls have paddocks. -4 Pastures fenced with 4x4 wire and electric hotwire on top. -There are two 30-amp hookups for horse trailers/RV's THE PROPERTY: -Two separate 2.5 Acre Tracts; the home and 2.5 acres is in the city of Melbourne, and the back portion is in the county. -Current use is Agricultural on the 5 acres. -The property drains well - ditches on all sides. -12x20 Shed has water equipment & storage area.
| Elementary School | Middle School | High School |
|---|---|---|
| Sabal Elementary School | Johnson Middle School | Eau Gallie High School |
| Price History | |
|---|---|
| 2/20/2026 | Listed $999,000 |
| 3/31/2026 | 2$980,000 |
| 4/27/2026 | Listed $979,000 |
| 5/27/2026 | 3$950,000 |
General Features
| Living Area | 2094 |
|---|---|
| Sewer | Septic Tank |
| Heating | Central,Electric,Hot Water |
| Cooling | Central Air,Electric |
| Utilities | Cable Connected,Electricity Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Water Heater,Ice Maker,Refrigerator,Washer |
| Garage Spaces | 2 |
| Patio/Porch Features | Porch,Rear Porch |
| Pool Features | Above Ground |
| Security Features | Smoke Detector(s) |
| Construction Materials | Block,Stucco |
| Year Built | 1975 |
| Stories Count | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Current Use | Agricultural,Farm,Horses |
| Additional Parcels Description | 2701119 |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | true |
| Subdivision Name | None |
| Facing Direction | East |
| Garage Y/N | true |
| Other Structures | Barn(s),Gazebo,Stable(s) |
| Full Baths | 3 |
| Status | Active |
| Directions | From Lake Washington Road: take Lakecrest North, Right on Lakeglen, Right on Lakemont Left on Lakepoint, Left onto Mustang, Right on Pinto, then left on Eldorado Way to end. No Sign |
| High School | Eau Gallie |
| City | Melbourne |
| Senior Community Y/N | false |
| Zoning Description | Agricultural |
| MLS Area | 321 - Lake Washington/S of Post |
| Lot Size Units | Acres |
| Lot Size Square Feet | 217800 |
| Carport Spaces | 4 |
| Carport Y/N | true |
| Elementary School | Sabal |
| Tax Annual Amount | 3038 |
| Middle/Junior High School | Johnson |
| Property Condition | Updated/Remodeled |
| MLS Area Minor | 321 - Lake Washington/S of Post |
| Virtual Tour | https://www.propertypanorama.com/instaview/spc/1060515 |
| Standard Status | Active |
Interior Features
| Interior Amenities | Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,Primary Bathroom - Shower No Tub,Walk-In Closet(s) |
|---|---|
| Flooring | Tile |
| Furnished Y/N | Unfurnished |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Laundry Features | Electric Dryer Hookup,In Garage,Sink,Washer Hookup |
| Total Bedrooms | 4 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Fire Pit |
|---|---|
| Fencing | Fenced,Wire |
| Parking Features | Additional Parking,Attached,Carport,Detached Carport,Garage Door Opener |
| Lot Features | Agricultural,Cleared,Dead End Street,Farm |
| Water Source | Well |
| Lot Size Area | 5 |
| Lot Size Acres | 5 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32934
Price
Taxes
Year Built
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