$195,000
1626 Gracewood Drive, Melbourne, Fl 32940
Melbourne, FL 32940
Listing updated: April 21, 2026 at 10:02 PM ET
Property type
Lot size
HOA dues
About this home
A rare preserve-view opportunity in Aripeka. This .28-acre homesite offers a wooded preserve backdrop and a sought-after location across from the future clubhouse. Create your dream home with a distinguished luxury custom builder known for impeccable craftsmanship, refined design, and thoughtful details. Aripeka is a private, gated, golf cart-friendly community where nature and architecture come together, just minutes from beaches, shopping, I-95, and A-rated schools. With homes starting from $1.2M, this lot is your chance to design a one-of-a-kind retreat.
Local Insight
This raw 0.28-acre lot in Aripeka is priced well below the community's $2M+ custom-home median, which signals either excellent value or a reason to dig into title/utility constraints — verify what improvements (water, sewer, power) are actually available and whether the lot's configuration supports the home size you want to build. The Aripeka location puts you in one of Viera's most established and upscale sub-communities with strong schools and amenities, but at $195K you're essentially buying dirt with no structures, so your total all-in cost (land + construction) will likely run $600K–$800K+ depending on builder choice and finishes, making this only worthwhile if you have a clear construction plan and timeline in mind.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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
- Price increased$195,000
Facts & features
- Property type
- Land
- Sub type
- Unimproved Land
- Status
- Active
- Subdivision
- Aripeka
- County
- Brevard
- Lot size
- 12,197 sq ft
- MLS #
- 1058657
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Listing Details
- Original list price
- $195,000
Location
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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 April 21, 2026 at 10:02 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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