4505 Eldorado Way, Melbourne, Fl 32934, FL4505 Eldorado Way, Melbourne, Fl 32934, FL4505 Eldorado Way, Melbourne, Fl 32934, FL
Stellar MLS
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$950,000

4505 Eldorado Way, Melbourne, Fl 32934

Melbourne, FL 32934

Listing updated: July 17, 2026 at 6:53 PM ET

Active
Listing courtesy of Charles Rutenberg Realty · Patti L George · MLS #1060515 · Active · 407-622-2122
4
Beds
3
Baths
2,094
Sq Ft
5
Acres
1975
Built
Private pool5 acres$454/sqft360° tour
Single Family Residence

Property type

1975

Year built

217,800 sqft

Lot size

$454

Price / sq ft

No HOA

HOA dues

2

Garage spaces

About this home

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.

Estimated monthly payment

Principal & interest$4,804
Property taxes$871
Home insurance (est.)$435

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history

  1. Status: Active
    Oct 26, 2025
  2. Listed$1,200,000
    Oct 26, 2025
  3. Price reduced$950,000

Documents

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Subdivision
None
County
Brevard
Year built
1975
Living area
2,094 sq ft
Price/sq ft
$454
Building area
0 sq ft
Lot size
217,800 sq ft
Garage
2 spaces
Pool
Private pool
Parcel #
27-36-11-00-00275.0-0000.00
MLS #
1060515

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Interior Details

Bedrooms
4
Full bathrooms
3

Parking

Garage spaces
2

Exterior & Construction

Pool
Private pool

Listing Details

Listing date
2025-10-26
On market date
2025-10-26
Original list price
$1,200,000
Status changed
2025-10-26

Location

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of July 17, 2026 at 6:53 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

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