$355,000
NEW CONSTRUCTION $45K PRICE DROP

4490 Eldorado Way Melbourne, FL 32934

Estimated payment $2,072/month

Total Views 19,030
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • 1.21 Acre Lot
  • Home Under Construction
  • View of Trees or Woods
  • No HOA

About This Home

This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain — perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of a modern farmhouse, a quiet retreat, or a multigenerational home, this is your blank canvas in one of Melbourne's most desirable acreage neighborhoods. Bring your builder, your plans, and make this place yours.

Listing Agent

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 10/09/2025

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,619

Lot Details

  • 1.21 Acre Lot
  • Street terminates at a dead end
  • Cleared Lot

Home Design

  • Home Under Construction

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Additional Features

  • Views of Woods
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-36-11-00-00278.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,619

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Dead End Street
  • Reso View: Trees/Woods
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 27-36-11-00-00278.0-0000.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2618.51
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 1.21
  • General Property Information Lot Size Square Feet2: 52708.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Lot Features Dead End Street: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • View TreesWoods: Yes
  • Utilities Electricity Available: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Development Status Under Construction2: Yes
  • Marketing Remarks:Marketing Remarks: This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain — perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of a modern farmhouse, a quiet retreat, or a multigenerational home, this is your blank canvas in one of Melbourne's most desirable acreage neighborhoods. Bring your builder, your plans, and make this place yours.
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.21
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Available, Water Available, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 52708.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-11-00-00278.0-0000.00

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2618.51

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,686 $195,580 -- --
2024 $2,619 $190,070 -- --
2023 $2,619 $184,540 $0 $0
2022 $2,453 $179,170 $0 $0
2021 $2,480 $173,960 $0 $0
2020 $2,452 $171,560 $0 $0
2019 $2,468 $167,710 $0 $0
2018 $2,461 $164,590 $0 $0
2017 $2,462 $161,210 $0 $0
2016 $2,527 $157,900 $87,120 $70,780
2015 $2,577 $156,810 $78,650 $78,160
2014 $2,538 $155,570 $66,550 $89,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2025 12/10/25 Price Changed $355,000 -7.8% --
11/13/2025 11/13/25 Price Changed $385,000 -3.7% --
10/09/2025 10/09/25 For Sale $399,900 +48.1% --
05/16/2025 05/16/25 Sold $270,000 -1.8% $117 / Sq Ft View Prior Sale
04/21/2025 04/21/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $274,900 -- $119 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 Celebration Title
Warranty Deed $270,000 Celebration Title
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Source: Public Records

About the Listing Agent

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc.

(321) 321-4358

Section Image

Growing up in Brevard County, Florida, Lauren developed a true love of the area and the distinct features that make Florida’s Space Coast so special. After attending the University of Central Florida, she started a marketing career in Orlando. When she decided to start a family, she made the choice to move back to Brevard County, knowing there is no better place to raise a family than where she grew up.

Laruen started her real estate career in 2008 during the real estate recession. While

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1059239

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-11-00-00278.0-0000.00