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For SaleSingle Family Home
$319K
1381 Olde Bailey Lane, Melbourne, FL 32904
University Park neighborhood
Subdivision: Stratford Pointe Phase 3
3
Bedrooms
2
Bathrooms
1,593
Sq Ft
2004
Year Built
$200 /sqft

About This Property

Description from listing agent

Sometimes It's Not About Standing Out. It's About Fitting In Perfectly. Set in a neighborhood where the homes share a familiar style and sense of community, this one is ready for its next chapter. Comfortable, welcoming and easy to make your own, it offers the kind of spaces that simply work for everyday living. It Is 1593 sq ft of ''Home, Sweet Home''. The roof is just 3 years old and most of the appliances and the AC were replaced within the last 5 years. No carpet, LVP throughout. There may be other homes that look similar, but only one will become ''Your'' home. Make a few changes and add your style. Get to know your neighbors, settle into your favorite chair, celebrate birthdays, spend lazy weekends and turn ordinary days into lasting memories!

Space Coast Context

🚀 Launch Viewing — Fair Views

35.7 mi from SLC-40

35.7 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris3.6 mi~8 min
Northrop5.6 mi~12 min
Blue Origin30 mi~1h 7m
SpaceX30.9 mi~1h 9m
Lockheed31 mi~1h 9m
Boeing/KSC32.4 mi~1h 12m
KSC32.8 mi~1h 13m

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
  • 8/26/26
    Listed
    $319K
    $200/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.8% below market
Median comparable close price: $338,500
Typical Offer Discount
98.4% of list price
At that rate, a competitive offer ≈ $313,880
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 7 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
2
Total Rooms
5
Garage
2 car (attached)
HOA Fee
$405/mo
Days on Market
1
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Stratford Pointe Phase 3
  • Fee: $405 / annually

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Aug 26, 2026
Parcel #
28-37-18-03-00000.0-0036.00
$319K

Listing Agent (for property info)

P
Pam Decarreau
Pastermack Real Estate
321-482-3818
Call Listing Agent

Estimated Monthly Payment

$2,555/mo
Principal & interest
$1,681
Property taxes
$319
Insurance & HOA
$555

Based on a 6.90% rate, 30-year loan, and $319K price — down payment shown: $63,802.

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# 1086033

What's Nearby

movie theaters
AMC CLASSIC West Melbourne 12
0.7 mi away
schools
Imagine Schools at West Melbourne
0.7 mi away
shopping
7-Eleven
0.8 mi away
pharmacies
CVS Pharmacy
0.9 mi away
restaurants
Pizza Hut Express
0.9 mi away
restaurants
Starbucks
0.9 mi away
coffee shops
Starbucks
0.9 mi away
schools
Central Middle School
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086033 · Listing Broker: Pastermack 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.