5137 Royal Paddock Way Merritt Island FL 32953

Price Reduction - Waterfront - Primary on Main
Price Reduction - Waterfront - Primary on Main
Address
5137 Royal Paddock Way, Merritt Island, FL
Price
$ 1,500,000
Property Attributes
  • MLS#1071332
  • TypeSingle Family
  • Listing Status Active
  • CountyBrevard
  • CityMerritt Island
  • AreaN Merritt Island
  • NeighborhoodChase Hammock Lakes
  • Zip32953
  • StyleCraftsman, Traditional
  • Year Built2005
  • Price$ 1,500,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4327
  • Lot Size1 Acres
Data Source:
Space Coast AOR
Property Description

An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes. The luxurious primary suite offers a spa-inspired bath with soaking tub, wrap-around dual-entry shower, private vanities, and a spacious walk-in closet. Outdoors, a private resort setting awaits with a heated lagoon-style pool, screened lanai with summer kitchen, lush tropical landscaping, and mature fruit trees creating the ultimate Florida retreat. The versatile floor plan includes a refined front office, a private two-bedroom guest wing with full bath, a separate rear guest suite, and an upstairs sixth-bedroom retreat with media/playroom and private balcony, all complemented by a renovated four-car garage complete with EV charging. Thoughtfully designed and impeccably executed, this is more than a residence--it is a legacy estate crafted for luxury living, entertaining, and enduring value.

Elementary School Middle School High School
Carroll Elementary School Jefferson Middle School Merritt Island High School
Price History
3/7/2026 Listed $1,600,000
5/13/2026 6$1,500,000

General Features

Living Area 4327
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Dryer,Electric Water Heater,Gas Oven,Gas Range,Ice Maker,Washer
HOA Fee 1600
Garage Spaces 4
Architectural Style Craftsman,Traditional
Pool Features In Ground,Waterfall
Construction Materials Block,Concrete,Frame,Stucco
Year Built 2005
Electric 200+ Amp Service
View Pond,Trees/Woods,Water
Stories Count 2
Property Subtype Single Family Residence
Current Use Residential,Single Family
Waterfront Features Pond
Additional Parcels Description 2323211
Assoc Fee Paid Per Annually
County Brevard
New Construction false
Property Type Residential
Association Amenities Gated,Security
HOA true
Attached Garage false
Subdivision Name Chase Hammock Lakes
Facing Direction West
Garage Y/N true
Full Baths 4
Status Active
Directions From Melbourne Orlando International Airport, take NASA Boulevard west to US-1, head north on US-1, cross the Pineda Causeway (FL-404) toward Merritt Island, then turn left onto South Tropical Trail and follow local roads to 5137 Royal Paddock Way.
High School Merritt Island
City Merritt Island
Body of Water Canal Non-Navigation
Association Name Chase Hammock Lakes
Senior Community Y/N false
MLS Area 250 - N Merritt Island
Lot Size Units Acres
Lot Size Square Feet 43560
Carport Y/N false
Elementary School Carroll
Land Lease Y/N false
Middle/Junior High School Jefferson
MLS Area Minor 250 - N Merritt Island
Standard Status Active

Interior Features

Interior Amenities Breakfast Nook,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Guest Suite,His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Primary Downstairs,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
Flooring Tile,Wood
Furnished Y/N Negotiable
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Lower Level
Total Bedrooms 6
Entry Level 1
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities Courtyard,Outdoor Kitchen
Parking Features Garage,Gated,Secured
Lot Features Other
Water Source Well
Lot Size Area 1
Building Area Total 5956
Lot Dimensions 131 x 366
Lot Size Acres 1
Road Surface Type Paved
Waterfront Y/N true
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 32953

Price
AVG $560K
$1.5M
Year Built
AVG 1985
2005

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