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For SaleSingle Family Home
$525K
2860 Raintree Lake Circle S, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Raintree-By-The-Lake
4
Bedrooms
2
Bathrooms
1,798
Sq Ft
1984
Year Built
$292 /sqft

About This Property

Description from listing agent

Multiple offers received, highest & best by Friday 8/14 6pm. From poolside afternoons to quiet evenings by the lake, this home has the relaxed Florida lifestyle you've been looking for. Welcome to this elegantly UPDATED LAKEFRONT POOL home. Step inside to a bright, open floor plan featuring Designer kitchen, ss appliances, premium granite counter tops, vaulted ceilings, recessed lighting and a statement island with ample prep space. Brand new LVP flooring throughout the house. Cozy up by the wood-burning fireplace with a classic mantel, creating the perfect setting for memorable moments with family and friends. Unwind by the screened-in NEWLY RESURFACED pool with multicolor pool light for evening ambiance. The Pool equipment is brand new. Outdoor enthusiasts will love the MATURE TREES, TWO PRIVATE DOCKS, perfect for fishing, kayaking, or simply relaxing by the water. Widened Driveway for your extra cars, RV or a boat. NO HOA! Roof 2022, A/C 2022, WH 2026, Windows 2019 & much more.

Space Coast Context

🚀 Launch Viewing — Great Views

13.6 mi from SLC-40

13.6 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC8.7 mi~19 min
Boeing/KSC8.9 mi~20 min
SpaceX9.9 mi~22 min
Lockheed10.4 mi~23 min
Blue Origin11.3 mi~25 min
Northrop19.3 mi~43 min
L3Harris21.1 mi~47 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.

Price History

Date
Event
Price
  • 8/12/26
    Listed
    $525K
    $292/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
13.9% below market
Median comparable close price: $610,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $525,000
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.18 acres (7,841 sqft)
Full Baths
2
Garage
2 car (attached)
Fireplaces
1
Waterfront
Yes
Pool
Yes
Days on Market
64
MLS Area
251 - Central Merritt Island

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Aug 12, 2026
Parcel #
24-36-14-04-0000b.0-0052.00
$525K

Listing Agent (for property info)

E
Eva Roach
RE/MAX Aerospace Realty
321-266-2635
Call Listing Agent

Estimated Monthly Payment

$3,441/mo
Principal & interest
$2,766
Property taxes
$525
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $525K price — down payment shown: $105,000.

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# 1084800

What's Nearby

restaurants
Starbucks
0.2 mi away
coffee shops
Starbucks
0.2 mi away
restaurants
Dunkin' Donuts
0.3 mi away
restaurants
Sonic
0.3 mi away
restaurants
Red Wagon BBQ
0.3 mi away
schools
Lewis Carroll Elementary School
0.4 mi away
schools
Divine Mercy Catholic School
0.5 mi away
grocery
Publix
0.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084800 · Listing Broker: RE/MAX Aerospace Realty · 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.