Active

4505 Eldorado Way

Melbourne, FL 32934

$950,000 $4,005/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

2,094

Sqft

Acres(Lot)

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.

Property Details

Property Type : Residential

Price : $950,000

AD Id : 68071567

MLS Id : 1060515

Beds : 4

Lot Size : 5 Acres

Living Area Size : 2,094

Year Built : 1975

County : Brevard

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Water/Sewer

Sewer: Septic Tank
Flooring Information

Tile
Roofing Information

Shingle
Interior Features

Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Walk-In Closet(s) Roof: Shingle Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator, Washer Laundry Features: Electric Dryer Hookup, In Garage, Sink, Washer Hookup
Heating & Cooling

Heating: Central, Electric, Hot Water Cooling: Central Air, Electric WaterSource: Well
Fireplace

Fireplace: Yes Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Year Built: 1975 Construction Materials: Block, Stucco Security System: Smoke Detector(s) Roof: Shingle
Exterior Features

Fire Pit

Porch: Porch, Rear Porch
Pool Information

Private Pool: Yes

Above Ground
Road Types

Paved

City Street
Fencing

Fenced, Wire
Pool Features

Above Ground

Laundry Features

Electric Dryer Hookup, In Garage, Sink, Washer Hookup

Patio And Porch

Porch, Rear Porch

Fencing

Fenced, Wire

Lot Information

Lot Description: Agricultural, Cleared, Dead End Street, Farm Lot Size Area: 5 Acres Lot Square Feet: 217,800 Stories: 1 Main Square Feet: 2094

Property Information

Property Type: Residential Sub Type: Single Family Residence SQ ft (Living Area): 2,094 Subdivision: None MLS Area Minor: 321 - Lake Washington/S of Post Source Neighborhood: None Construction Materials: Block, Stucco Property Age: 51

Listing Price Information

Listing Id: 1060515 ist Price: $950,000 Original List Price: $1,200,000 List Price Tot SqFt: $454 Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 27-36-11-00-00275.0-0000.00 Annual Tax: $3,038 Tax Year: 2024

Virtual Tour

Virtual Tour (External Link)

Parking Information

# of Garage Spaces: 2 Has Garage: Yes Attached Garage: Yes Additional Parking, Attached, Carport, Detached Carport, Garage Door Opener

School Information

Elementary School: Sabal

Elementary School District:

Junior High School: Johnson

Senior High School: Eau Gallie
Utility Information

Cable Connected, Electricity Connected, Water Connected
Location Information

Direction: 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

Sell a home like this and save $56,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3256 Fairview Drive, Melbourne, FL, 32934	$385,000	3	2	2,568	2,568 SqFt
1687 Garden Avenue, Melbourne, FL, 32934	$474,999	3	2	1,807	1,807 SqFt
1780 Pinewood Road, Melbourne, FL, 32934	$199,999	3	2	1,248	1,248 SqFt
3495 Tabitha Court, Melbourne, FL, 32934	$495,000	3	2	1,757	1,757 SqFt
3256 Fairview Drive, Melbourne, FL, 32934	$385,000	3	2	1,927	1,927 SqFt
3605 Grand Meadows Boul.., Melbourne, FL, 32934	$435,000	4	2	1,902	1,902 SqFt
3270 Brentwood Lane, Melbourne, FL, 32934	$459,000	3	2	1,776	1,776 SqFt
2993 Cauthen Creek Drive, Melbourne, FL, 32934	$417,500	4	2	1,902	1,902 SqFt
2582 Longwood Boulevard, Melbourne, FL, 32934	$369,900	3	2	1,468	1,468 SqFt
2594 Longwood Boulevard, Melbourne, FL, 32934	$425,000	3	2	1,522	1,522 SqFt