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For SaleSingle Family Home
$580K
8033 Kingswood Way, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Baytree PUD Phase 1 Stage 1-5
4
Bedrooms
2
Bathrooms
1,983
Sq Ft
1995
Year Built
$292 /sqft

About This Property

Description from listing agent

This custom-built waterfront home offers modern updates, and peaceful privacy. The entryway opens to serene backyard and water views, setting the tone for the home's thoughtful design. The exterior was freshly painted in 2026, including the patio deck and entire garage, and is complemented by updated landscaping and a shingle roof installed in 2018. Inside, the home shines with new carpet installed December 2025, fresh interior paint, new windowsills, and LED recessed lighting in every room. Additional upgrades include new outlets with screwless cover plates, six ceiling fans, and a washer and dryer installed in 2022. The updated kitchen features painted cabinets, a stylish backsplash, stainless steel appliances, and overlooks the tranquil waterfront. Crown molding throughout and chair rail accents add elegant detail. The primary suite offers a spacious bath, walk-in closet, and beautiful water views. This home blends custom design, modern comfort, and a special waterfront setting.

Space Coast Context

🚀 Launch Viewing — Good Views

24.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop8.5 mi~19 min
L3Harris9.9 mi~22 min
Blue Origin19.9 mi~44 min
SpaceX20.1 mi~45 min
Lockheed20.3 mi~45 min
Boeing/KSC20.6 mi~46 min
KSC20.7 mi~46 min

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Offer Intelligence

Based on 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
11.5% above median
Median comparable close: $520,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.6% of list price
At that rate, a competitive offer ≈ $560,421
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$95/mo
Waterfront
Yes
Days on Market
184
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

Schools

Elementary

Quest

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Jan 14, 2026
Parcel #
26-36-15-Pu-0000a.0-0021.00
$580K

Listing Agent (for property info)

G
Gregory Ellingson
Ellingson Properties
321-750-7050
Call Listing Agent

Estimated Monthly Payment

$3,880/mo
Principal & interest
$3,055
Property taxes
$580
Insurance & HOA
$245

Based on a 6.90% rate, 30-year loan, and $580K price — down payment shown: $115,980.

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# 1066474

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Equal Housing Opportunity

MLS# 1066474 · Listing Broker: Ellingson Properties · 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.