4490 Eldorado Way, Melbourne, FL 32934
$345,000
Property Type:
Land
Lot Size (sq. ft.):
52,708
Status:
Active
Current Price:
$345,000
List Date:
10/09/2025
Last Modified:
2/13/2026
Description
Rare opportunity on 1.21 acres in Melbourne's Lake Washington area. The original home has been removed, leaving a solid concrete block foundation and shell—ideal for rebuilding without starting completely from scratch. The property has been cleaned up while preserving mature trees that provide privacy and a natural setting. There is ample space for a custom single-family home, pool, workshop, and boat or RV parking. Whether your vision is modern, farmhouse, or multigenerational living, this property offers flexibility and acreage that's increasingly hard to find in this area. Bring your builder and your plans and make it your own.
More Information MLS# 1059239
Location, Tax, and Legal
Tax Account: 2701122
Parcel Number: 27-36-11-00-00278.0-0000.00
General County Location: South
Elementary School: Sabal
Middle School: Johnson
High School: Eau Gallie
Tax Annual Amount: 2618.51
Tax Year: 2024
Directions: From Eau Gallie turn north onto Turtlemound. Turn left onto lake breeze, right on lakeland, right on Lake Point follow around the corner, the street will become Mustang. Right on Pinto, Left on Eldorado
General Property Information
Road Frontage Feet: 189
Lot Size Acres: 1.21
Lot Size Square Feet: 52708
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
List Price/Acre: 285123.97
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Rare opportunity on 1.21 acres in Melbourne's Lake Washington area. The original home has been removed, leaving a solid concrete block foundation and shell—ideal for rebuilding without starting completely from scratch. The property has been cleaned up while preserving mature trees that provide privacy and a natural setting. There is ample space for a custom single-family home, pool, workshop, and boat or RV parking. Whether your vision is modern, farmhouse, or multigenerational living, this property offers flexibility and acreage that's increasingly hard to find in this area. Bring your builder and your plans and make it your own.
Current Use
Residential: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Cleared: 1
Dead End Street: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
Water Available: 1
Water Connected: 1
View
Trees/Woods: 1
Water Source
Public: 1
Development Status
Under Construction: 1
Contract Information
Current Price: $345,000
Original List Price: 399900
List Price: $345,000
Status: Active
Listing Contract Date: 2025-10-09
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 4490
Street Name: Eldorado
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32934
MLS Area Major: 321 - Lake Washington/S of Post
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-02-13T15:32:49Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-13T15:32:49Z
Status Change Timestamp: 2025-12-11
Property Features
Current Use: Residential; Single Family
Development Status: Under Construction
Listing Terms: Cash; Conventional
Lot Features: Cleared; Dead End Street
Possession: Close Of Escrow
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Electricity Available; Water Available; Water Connected
View: Trees/Woods
Water Source: Public
Documents
Survey ›
Listing Office:
Dale Sorensen Real Estate Inc.
Last Updated: February - 13 - 2026
Information is deemed to be reliable, but is not guaranteed.