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For SaleTownhouse
$360K
865 Ridge Lake Drive, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Quail Ridge at Suntree Suntree PUD Stage 5 Tract 4
2
Bedrooms
2
Bathrooms
1,594
Sq Ft
1987
Year Built
$226 /sqft

About This Property

Description from listing agent

Lovingly maintained, this 2BR/2BA single-story townhome w/ a HUGE oversized 2-car garage. Conveniently located in the heart of the sought-after Suntree! From the moment you enter through the screened courtyard, you'll feel the warmth & charm that make this home so special. Perfect for relaxing outdoors, the courtyard creates a peaceful extension of the living space. Inside, vaulted ceilings & skylights fill the home w/ natural light. The updated eat-in kitchen features granite countertops, stone tile backsplash & black SS appliances. Highlights include a family room and a Flex space for office or a 3rd bedroom, crown molding, recessed lighting, built-in cabinetry, tile & laminate flooring throughout-no carpet! The spacious primary suite offers dual sinks, a roll-in tiled shower & walk-in closet w/ a custom closet system. Quail Ridge offers beautifully maintained grounds & a community pool. Just minutes from golf, healthcare facilites & the best of Brevard's shopping, dining & more!

Space Coast Context

🚀 Launch Viewing — Good Views

25.2 mi from SLC-40

25.2 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop6.9 mi~15 min
L3Harris8.4 mi~19 min
Blue Origin20.3 mi~45 min
SpaceX20.6 mi~46 min
Lockheed20.8 mi~46 min
Boeing/KSC21.5 mi~48 min
KSC21.7 mi~48 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Offer Intelligence

Based on 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
16.1% above median
Median comparable close: $310,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.2% of list price
At that rate, a competitive offer ≈ $339,092
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.08 acres (3,485 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$508/mo
Days on Market
56
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
May 29, 2026
Parcel #
26-36-23-Ny-00000.0-0321.00
$360K

Listing Agent (for property info)

M
Misty A Morrison
Misty Morrison Real Estate
321-288-0879
Call Listing Agent

Estimated Monthly Payment

$2,914/mo
Principal & interest
$1,896
Property taxes
$360
Insurance & HOA
$658

Based on a 6.90% rate, 30-year loan, and $360K price — down payment shown: $71,980.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1078599

Interested in this property?

Equal Housing Opportunity

MLS# 1078599 · Listing Broker: Misty Morrison Real Estate · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.