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Alesha Stallings

aleshakeys321@gmail.com +1(321) 462-9668

$ 850,000

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Price Dropped by $45K

4505 Eldorado WAY Melbourne, FL 32934

4 Beds

3 Baths

2,094 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,094 sqft

Price per Sqft $405

MLS Listing ID 1060515

Bedrooms 4

Full Baths 3

HOA Y/N No

Total Fin. Sqft 2094

Year Built 1975

Annual Tax Amount $3,038

Tax Year 2024

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Single Family Residence

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

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.

Location

State FL

County Brevard

Area 321 - Lake Washington/S Of Post

Direction From Lake Washington Road: take Lakecrest North, Right on Lakeglen, Right on Lakemont Left on Lakepoint, Left onto Mustang, Right on Pinto, then left on Eldorado Way to end. No Sign

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)

Heating Central, Electric, Hot Water

Cooling Central Air, Electric

Flooring Tile

Fireplaces Number 1

Fireplaces Type Wood Burning

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator, Washer

Laundry Electric Dryer Hookup, In Garage, Sink, Washer Hookup

Exterior

Exterior Feature Fire Pit

Parking Features Additional Parking, Attached, Carport, Detached Carport, Garage Door Opener, Shared Driveway

Garage Spaces 2.0

Carport Spaces 4

Fence Cross Fenced, Fenced, Full, Wire

Utilities Available Cable Connected, Electricity Connected, Water Connected

Roof Type Shingle

Present Use Agricultural,Farm,Horses,Residential,Single Family

Street Surface Paved

Porch Porch, Rear Porch

Road Frontage City Street

Garage Yes

Private Pool No

Building

Lot Description Agricultural, Cleared, Dead End Street, Farm

Faces East

Story 1

Sewer Septic Tank

Water Well

Additional Building Barn(s), Gazebo, Shed(s), Stable(s)

New Construction No

Schools

Elementary Schools Sabal

High Schools Eau Gallie

Others

Pets Allowed Yes

Senior Community No

Tax ID 27-36-11-00-00275.0-0000.00

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Horse Property Current Use Horses

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/spc/1060515

Space Coast Association of Realtors (Brevard MLS)

Listed by Charles Rutenberg Realty

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Alesha Stallings

+1(321) 462-9668

aleshakeys321@gmail.com

Alesha Stallings

4505 Eldorado WAY Melbourne, FL 32934

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4505 Eldorado WAY