240 Utopia Cir Merritt Island, FL 32952
Estimated payment $14,479/month
Total Views
2,501
6
Beds
5.5
Baths
6,637
Sq Ft
$361
Price per Sq Ft
Highlights
- 150 Feet of Waterfront
- Boat Ramp
- Private Water Access
- Boat Dock
- Boat Lift
- Intracoastal View
About This Home
This extraordinary 6-bedroom, 5.5-bath riverfront estate is a private retreat on over 2 lush acres in the heart of Merritt Island. With 150 feet of shoreline and more than 6,600 sq. ft. of interior space, this property was designed for entertaining, multigenerational living, and serene waterfront enjoyment.
A rare private boat ramp, 300-foot dock with double slips, 10,000-lb lift, and direct access to the Indian River make this a true boater's dream. Watch rocket launches from your own backyard or unwind beside the deep, heated pool and spa. The outdoor kitchen includes a grill, smoker, fridge, and covered lounge space ideal for entertaining. The backyard feels incredibly private, framed by mature landscaping that creates a peaceful sanctuary.
Inside, a dramatic two-story foyer opens to refined living areas with wood and tile floors, two fireplaces, and a wet bar. The expansive chef's kitchen features a massive granite island, induction cooktop, full-size fridge and freezer, walk-in pantry, and double ovens. A spiral staircase leads to an upstairs sitting area overlooking the great room.
The primary suite is a luxurious sanctuary with four sets of glass doors showcasing river views, a fireplace, oversized closet, spa-like bath, and a private sitting room with custom built-ins. It also opens to a river-facing balcony, shared by a guest suite that offers its own stunning sunrise views, perfect for peaceful mornings or quiet evenings above the water.
Thoughtful upgrades elevate both function and comfort throughout the home. You'll find a durable metal roof, full impact-rated windows and doors for optimal protection. The home is wired with whole-house audio and a full security camera system. A 22KW Generac generator is powered by a 1,000-gallon buried propane tank, and the irrigation system is sourced from an Artesian well. The spacious 4-car garage has been recently resurfaced with a sleek epoxy coating, offering a polished, showroom-quality finish.
Conveniently located just minutes from pristine beaches, the Melbourne Orlando International Airport, and the thriving Space Coast corridor, this home offers unparalleled access to the booming space and defense industries fueling the region's rapid growth. Experience luxury waterfront living with easy access to everything that makes this area extraordinary.
Listing Agent
One Sotheby's International License #3273655 Listed on: 07/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,752
Year Built
- Built in 1987
Lot Details
- 2 Acre Lot
- 150 Feet of Waterfront
- Home fronts navigable water
- Property fronts an intracoastal waterway
- River Front
- East Facing Home
- Privacy Fence
- Fenced
HOA Fees
- $81 Monthly HOA Fees
Parking
- 4 Car Garage
- Garage Door Opener
- Circular Driveway
- Additional Parking
- RV Access or Parking
Property Views
- Intracoastal
- River
- Pool
Home Design
- Brick Exterior Construction
- Frame Construction
- Metal Roof
- Stucco
Interior Spaces
- 6,637 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furniture Can Be Negotiated
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Entrance Foyer
- Screened Porch
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Double Convection Oven
- Induction Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Cooler
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Jack-and-Jill Bathroom
- Separate Shower in Primary Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
- Sink Near Laundry
Home Security
- Security System Owned
- Hurricane or Storm Shutters
- High Impact Windows
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Screen Enclosure
- Pool Sweep
Outdoor Features
- Private Water Access
- Boat Lift
- Boat Ramp
- Docks
- Balcony
- Outdoor Kitchen
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Whole House Permanent Generator
- Propane
- Electric Water Heater
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 26-37-06-04-0000a.0-0006.00
Community Details
Overview
- Egrets Cove HOA
- Egrets Cove Subdivision
Recreation
- Boat Dock
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $13,752 | $1,095,600 | $0 | $0 |
| 2022 | $12,882 | $1,063,690 | $0 | $0 |
| 2021 | $13,695 | $1,032,710 | $0 | $0 |
| 2020 | $13,751 | $1,018,460 | $0 | $0 |
| 2019 | $13,804 | $995,570 | $0 | $0 |
| 2018 | $13,916 | $977,010 | $0 | $0 |
| 2017 | $14,191 | $956,920 | $0 | $0 |
| 2016 | $14,539 | $937,240 | $362,250 | $574,990 |
| 2015 | $14,850 | $917,050 | $345,000 | $572,050 |
| 2014 | $15,159 | $882,190 | $375,000 | $507,190 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $2,395,000 | +145.6% | $361 / Sq Ft |
| 10/06/2014 10/06/14 | Sold | $975,000 | -30.9% | $142 / Sq Ft |
| 09/05/2014 09/05/14 | Pending | -- | -- | -- |
| 11/25/2013 11/25/13 | For Sale | $1,410,000 | -- | $205 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $975,000 | Ladeed Title Corp | |
| Warranty Deed | $1,225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $807,661 | New Conventional | |
| Closed | $780,000 | No Value Available | |
| Previous Owner | $808,020 | New Conventional | |
| Previous Owner | $800,000 | No Value Available | |
| Previous Owner | $373,118 | New Conventional |
Source: Public Records
Similar Homes in Merritt Island, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1051288
APN: 26-37-06-04-0000A.0-0006.00
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