4505 Eldorado Way Melbourne, FL 32934
Melbourne AreaEstimated payment $5,089/month
Highlights
- Barn
- 5 Acre Lot
- No HOA
- Stables
- Farm
- Gazebo
About This Home
Multi-use 5-acre estate in the Lake Washington of Melbourne! Enjoy the sprawling acreage in a park-like setting all for yourself or take advantage of the horse boarding income opportunity. Great for boat enthusiasts, builders/investors, car collectors & more with ample space for vehicle storage or workshops. The remodeled 4-bedroom, 3-bath home has two spacious primary suites suitable for multi-generational living. Current set-up offers horse boarding and immediate revenue. 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 large gazebo outside the riding arena, fire pit & more. Whether you're looking to run a thriving boarding business, house a massive car collection, build on the extra lot 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.
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
- Cross Fenced
- Property is Fully Fenced
- Wire Fence
- Cleared Lot
- Zoning described as Agricultural
Parking
- 2 Car Attached Garage
- 4 Detached Carport Spaces
- Garage Door Opener
- Shared Driveway
- Additional Parking
Home Design
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,094 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning 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
- No Tub in Bathroom
Laundry
- Laundry in Garage
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Fire Pit
- Gazebo
- Shed
- 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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,731 | $182,460 | ||
| 2025 | $2,731 | $178,360 | ||
| 2024 | $3,140 | $174,110 | ||
| 2023 | $3,140 | $238,530 | ||
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2026 09/12/26 | Price Changed | $850,000 | -5.0% | $406 / Sq Ft |
| 09/02/2026 09/02/26 | Price Changed | $895,000 | -0.6% | $427 / Sq Ft |
| 08/14/2026 08/14/26 | Price Changed | $900,000 | -5.3% | $430 / Sq Ft |
| 07/27/2026 07/27/26 | For Sale | $950,000 | 0.0% | $454 / Sq Ft |
| 07/26/2026 07/26/26 | Off Market | $950,000 | -- | -- |
| 05/27/2026 05/27/26 | Price Changed | $950,000 | -3.0% | $454 / Sq Ft |
| 04/27/2026 04/27/26 | Price Changed | $979,000 | -0.1% | $468 / Sq Ft |
| 03/31/2026 03/31/26 | Price Changed | $980,000 | -1.9% | $468 / Sq Ft |
| 02/12/2026 02/12/26 | Price Changed | $999,000 | -15.3% | $477 / Sq Ft |
| 02/01/2026 02/01/26 | Price Changed | $1,180,000 | -1.7% | $564 / Sq Ft |
| 10/26/2025 10/26/25 | For Sale | $1,200,000 | -- | $573 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $101,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,500 | New Conventional | |
| Closed | $20,000 | Credit Line Revolving | |
| Closed | $315,183 | Unknown | |
| Closed | $272,486 | Unknown | |
| Closed | $130,911 | Unknown |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1060515
APN: 27-36-11-00-00275.0-0000.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 4510 Eldorado Way
- 4457 Parkway Dr
- 4330 Lakemont Rd
- 3110 Harlock Rd
- 0 Parkway Dr Unit 1082861
- 0 Parkway Dr Unit O6006054
- 5280 Percheron Blvd
- 3825 Turtle Mound Rd
- 2582 Empire Ave
- 2370 Ophelia Ln
- 3580 Weeping Willow St
- 3580 Weeping Willow St
- 3897 Province Dr
- 3995 Domain Ct
- 3520 Serenity Ln
- 3980 Domain Ct
- 4614 Preservation Cir
- 3013 Bay Wind Ct
- 4879 Commune Way
- 4869 Commune Way
- 4394 Preservation Cir
- 1825 Fox Bay Dr
- 1833 Oakwood Trail
- 1833 Oakwood Trail
- 3515 Delaney Dr
- 3133 Cauthen Creek Dr
- 2880 N Wickham Rd
- 2639 Granada Bay Dr
- 3685 Kestrel Ct
- 2905 Kemblewick Dr
- 2775 N Wickham Rd
- 1761 Caleb Ln Unit 205
- 3099 Park Village Way
- 2848 Caribbean Isle Blvd
- 2369 Golf Lake Cir Unit 714
- 3151 Conservation Place
- 2921 College View Dr
- 4164 Fenrose Cir
- 1125 White Oak Cir
- 4465 Preserve Dr
Ask me questions while you tour the home.