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$979,000
211 Days On Site

4505 Eldorado Way
Melbourne, FL 32934

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
3
Full Baths
2,094
SqFt
$468
/SqFt
1975
Built
Subdivision:
None
County:
Brevard
Call Now: (321) 543-1187
Is this the listing for you? We can help make it yours.
(321) 543-1187
4505 Eldorado Way4505 Eldorado Way4505 Eldorado Way4505 Eldorado Way
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Monthly Payment (Est.)

$4,467
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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.

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Listing Snapshot
Price 
$979,000
Days On Site 
211 Days
Bedrooms 
4
Inside Area (SqFt) 
2,094 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
5 Acres
Year Built 
1975
MLS® Number 
1060515
Status 
Active
Property Tax 
$3,038
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoPrice changed to $979,000
4 weeks agoListing updated with changes from the MLS®
7 months agoStatus changed to Active
7 months agoListing first seen on site
General Features
Acres 
5
Additional Property Use 
AgriculturalFarmHorses
Attached Garage 
Yes
Carport 
4
Direction Faces 
East
Garage 
Yes
Garage Spaces 
2
Parking 
Additional ParkingAttachedCarportDetached CarportGarage Door OpenerGarage
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedWater Connected
Water Source 
PrivateWell
Zoning 
Agricultural
Interior Features
Appliances 
DishwasherDisposalDryerElectric CooktopElectric OvenElectric Water HeaterIce MakerRefrigeratorWasher
Cooling 
Central AirCeiling Fan(s)Electric
Fireplace 
Yes
Fireplaces 
1
Flooring 
Tile
Furnished 
Unfurnished
Heating 
CentralElectricHot Water
Interior 
Breakfast BarCeiling Fan(s)Eat-in KitchenWalk-In Closet(s)
Laundry Features 
Electric Dryer HookupIn GarageSinkWasher Hookup
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Exterior Features
Construction Details 
BlockStucco
Exterior 
Fire Pit
Fencing 
FencedWire
Lot Features 
AgriculturalClearedFarm
Other Structures 
Barn(s)GazeboStable(s)
Patio And Porch 
PorchRear Porch
Pool Features 
Above GroundPrivate
Private Pool 
Yes
Road Frontage 
City Street
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalFHAUSDA LoanVA Loan
MLS Area 
321 - Lake Washington/S of Post
Roads 
Paved
Schools
School District
Unknown
Elementary School
Sabal
Middle School
Johnson
High School
Eau Gallie
Listing courtesy of Charles Rutenberg Realty

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. 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. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
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