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For SaleSingle Family Home
$500K
881 Glen Abbey Way, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Isles of Baytree Phase 1
4
Bedrooms
3
Bathrooms
2,567
Sq Ft
2004
Year Built
$195 /sqft

About This Property

Description from listing agent

This 4 bedroom, 3 bath home offers a layout full of character, with spacious living areas designed for both comfort and style. The three generously sized bedrooms on the main floor truly standout, while the private upstairs suite provides full living amenities with its own bedroom, bathroom, full kitchenette and a screened in balcony overlooking the natural preserve. The kitchen is designed as the heart of the home, opening seamlessly to the main living area, perfect for gathering, entertaining, and staying connected. Thoughtfully laid out, the home balances open concept living with defined spaces, giving everyone room to spread out while still coming together. The kitchen features stainless steel appliances, granite countertops, and a gas range. Also connected to gas is the outdoor BBQ and fireplace adding both convenience and a touch of luxury to everyday living. Enjoy Golf course living in Isles of Baytree along with many amenities

Space Coast Context

🚀 Launch Viewing — Good Views

25 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.2 mi~18 min
L3Harris9.5 mi~21 min
Blue Origin20.3 mi~45 min
SpaceX20.5 mi~46 min
Lockheed20.7 mi~46 min
Boeing/KSC21 mi~47 min
KSC21.1 mi~47 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.5% below market
Median comparable close price: $540,500
Typical Offer Discount
98.9% of list price
At that rate, a competitive offer ≈ $494,337
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.14 acres (6,098 sqft)
Full Baths
3
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$801/mo
Days on Market
104
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

Schools

Elementary

Quest

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Apr 3, 2026
Parcel #
26-36-15-75-0000d.0-0017.00
$500K

Listing Agent (for property info)

J
Jason Koontz
LoKation
321-312-8303
Call Listing Agent

Estimated Monthly Payment

$4,085/mo
Principal & interest
$2,634
Property taxes
$500
Insurance & HOA
$951

Based on a 6.90% rate, 30-year loan, and $500K price — down payment shown: $100,000.

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# 1073670

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Equal Housing Opportunity

MLS# 1073670 · Listing Broker: LoKation · 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.