About This Property
Description from listing agent208 The Road to Waterford Bay is one of just five homes behind a gate on the Indian River in Melbourne Beach, and owners have a private beach crossover across A1A. Mornings can start with a walk on the sand, and evenings end with the sunset over the river. Inside, the first floor opens up under tall tongue-and-groove wood ceilings, with a coral stone wood-burning fireplace at the center of the living room. A wall of sliders leads to a covered lanai and a wide lawn that runs down to the water. The dining room and open kitchen share that same view, and a walled courtyard off the kitchen gives you a second outdoor room for morning coffee or a private dinner. With 2,856 SQ FT, 3 bedrooms, a den, office and 3.5 baths, there is room to spread out. The kitchen is set up for hosting, with a large island and cooktop, double wall ovens and plenty of cabinet space. An eat-in nook sits just off it, and the whole space flows into the dining and living areas,
Space Coast Context
🚀 Launch Viewing — Fair Views
37.7 mi from SLC-40
37.7 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood 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
- 10/7/26Price change$799K -4.7%$280/sqft
- 6/13/26Price change$839K -0.1%$294/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
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Waterford BayView HOA Profile →
- Fee: $1,982.81 / monthly
Schools
Elementary
Gemini
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4,210
- Property taxes
- $799
- Insurance & HOA
- $2,133
Based on a 6.90% rate, 30-year loan, and $799K price — down payment shown: $159,800.
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.
