4505 Eldorado Way Melbourne, FL 32934

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.