$1,200,000

4505 Eldorado Way Melbourne, FL 32934

Estimated payment $6,546/month

Total Views 558
4 Beds
3 Baths
2,094 Sq Ft
$573 Price per Sq Ft

Highlights

  • Very Popular Property
  • Stables
  • 5 Acre Lot
  • Barn
  • Above Ground Pool
  • Farm

About This Home

Highly Desirable Lake Washington Area! A rare find with 5.0 Acres! Active, Income-Producing Horse Boarding Stable w/beautiful, updated 4 BD, 3 BA home, all in a park-like setting. 2 Barns; 11-stall Main Barn & 6-stall Back Barn. Lighted Riding Arena, Lunge Pen, 3 Wash Racks, 2 Tack Rooms, 4 Pastures. There's plenty to do in this Back Yard Oasis; enjoy the grilling gazebo, relax in the larger Gazebo while viewing horses riding in the arena, sit at the fire pit, cool off in the above-ground pool, or on the long, open back porch. 3.8 Miles from Lake Washington. Boaters, Fishermen, Car Enthusiasts; get a look - barns have multi-purpose uses! The remodeled home has two Primary Suites, and 3 of 4 the bedrooms open to the back porch. Beautiful tile flooring throughout the home. 2018 Roof, Plumbing redone in 2017, Water Heater is 5 y.o., Kitchen appliances are 3 y.o., Lots of kitchen storage! 2 Car Attached garage plus 4-bay covered carport. Read on in the supplement for more info...... THE HOUSE
-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, 3-year old appliances, 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.
-Stalls are all full with paying boarders.
-The property drains well - ditches on all sides.
-There are two 30-amp hookups for horse trailers/RV's

THE PROPERTY:
-Two separate 2.5 Acre Tracts; one is in the city of Melbourne, and the other is County.
-Current use is Agricultural on the 5 acres.
-12x20 Shed has water equipment & storage area.

Listing Agent

Patti George

Charles Rutenberg Realty License #687790 Listed on: 10/26/2025

Charles Rutenberg Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 5 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Wire Fence
  • Cleared Lot
  • Zoning described as Agricultural

Parking

  • 2 Car Attached Garage
  • 4 Detached Carport Spaces
  • Garage Door Opener
  • Additional Parking

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,094 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Above Ground Pool
  • Fire Pit
  • Gazebo
  • Rear Porch

Schools

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

Farming

  • Barn
  • Farm
  • Agricultural

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-36-11-00-00275.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,038

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Garage, Sink, Washer Hookup
  • ResoLotFeatures: Agricultural, Cleared, Dead End Street, Farm
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Barn(s), Gazebo, Stable(s)
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 27-36-11-00-00275.0-0000.00
  • 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: 3038.0
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2094.0
  • General Property Information Lot Size Acres: 5.0
  • General Property Information Lot Size Square Feet2: 217800.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 4.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Barn(s): Yes
  • Other Structures Gazebo: Yes
  • Pool Features Above Ground: Yes
  • Other Structures Stable(s): Yes
  • Location Tax and Legal Zoning Description2: Agricultural
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Fencing Wire: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fire Pit
  • Pool Features: Above Ground
  • Roof: Shingle
  • Fencing: Fenced, Wire
  • Acres: 5.0
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch, Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Farm: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Carport, Detached Carport, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water: 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: Agricultural, Farm, Horses
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-11-00-00275.0-0000.00
  • Zoning Description: Agricultural

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3038.0

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Map

Range of Values:

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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 $2,341 $178,360 -- --
2024 $3,140 $174,110 -- --
2023 $3,140 $238,530 $0 $0
2022 $2,926 $231,590 $0 $0
2021 $3,032 $224,850 $0 $0
2020 $2,977 $221,750 $0 $0
2019 $2,929 $216,770 $0 $0
2018 $2,936 $212,730 $0 $0
2017 $2,761 $194,430 $0 $0
2016 $2,807 $190,440 $137,500 $52,940
2015 $2,885 $189,120 $106,250 $82,870
2014 $2,905 $187,620 $100,000 $87,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2025 10/26/25 For Sale $1,200,000 -- $573 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $101,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $81,200 No Value Available
Source: Public Records

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

MLS Number: 1060515

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-11-00-00275.0-0000.00