$1,450,000
5137 Royal Paddock Way, Merritt Island, Fl 32953
Merritt Island, FL 32953
Listing updated: June 26, 2026 at 3:32 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes. The luxurious primary suite offers a spa-inspired bath with soaking tub, wrap-around dual-entry shower, private vanities, and a spacious walk-in closet. Outdoors, a private resort setting awaits with a heated lagoon-style pool, screened lanai with summer kitchen, lush tropical landscaping, and mature fruit trees creating the ultimate Florida retreat. The versatile floor plan includes a refined front office, a private two-bedroom guest wing with full bath, a separate rear guest suite, and an upstairs sixth-bedroom retreat with media/playroom and private balcony, all complemented by a renovated four-car garage complete with EV charging. Thoughtfully designed and impeccably executed, this is more than a residence--it is a legacy estate crafted for luxury living, entertaining, and enduring value.
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
- Status: ActiveMar 7, 2026
- Listed$1,600,000Mar 7, 2026
- Price reduced$1,450,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Chase Hammock Lakes
- County
- Brevard
- Year built
- 2005
- Living area
- 4,327 sq ft
- Price/sq ft
- $335
- Building area
- 5,956 sq ft
- Lot size
- 43,560 sq ft
- Garage
- 4 spaces
- Pool
- Private pool
- Parcel #
- 23-36-25-25-E-18
- MLS #
- 1071332
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 4
Parking
- Garage spaces
- 4
Exterior & Construction
- Pool
- Private pool
- Waterfront
- Yes
Listing Details
- Listing date
- 2026-03-07
- On market date
- 2026-03-07
- Original list price
- $1,600,000
- Status changed
- 2026-03-07
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 June 26, 2026 at 3:32 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.
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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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