1 / 40
For SaleSingle Family Home
$445K
4850 Borealis Court, Melbourne, FL 32940
Pineda Corridor neighborhood
Subdivision: Pineda Ridge Subdivision Phase 2
3
Bedrooms
2
Bathrooms
1,869
Sq Ft
2013
Year Built
$238 /sqft

About This Property

Description from listing agent

Welcome to gated Pineda Ridge, where soaring ceilings, an open-concept layout, & thoughtfully designed living spaces create effortless everyday living. This 3-bedroom, 2-bath home offers 1,869 sq ft of bright, functional space. The spacious kitchen is equipped with abundant cabinetry, a center island, breakfast bar, stylish backsplash, & nook, all overlooking the living & dining areas. The primary suite provides a peaceful retreat with a custom walk-in closet, a dual-sink vanity, & an oversized tiled shower. Two additional bedrooms offer flexibility for guests, hobbies, or a home office. Sliding glass doors extend the living space to a large screened patio overlooking the fully fenced backyard, providing plenty of room to relax, entertain, or enjoy the Florida sunshine. Residents enjoy the security of a gated community & access to a community pool, all conveniently located near shopping, dining, major employers, & area beaches.

Space Coast Context

🚀 Launch Viewing — Good Views

26.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.2 mi~12 min
L3Harris6.6 mi~15 min
Blue Origin21.4 mi~48 min
SpaceX21.9 mi~49 min
Lockheed22.1 mi~49 min
Boeing/KSC23 mi~51 min
KSC23.3 mi~52 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 38 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.2% above median
Median comparable close: $415,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.2% of list price
At that rate, a competitive offer ≈ $432,399
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 38 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
Garage
2 car (attached)
HOA Fee
$180/mo
Days on Market
86
MLS Area
320 - Pineda/Lake Washington

Community & HOA

HOA

Schools

Elementary

Sherwood

Middle School

Viera

High School

Viera

Financial & Listing Details

Listed
Jun 4, 2026
Parcel #
26-36-25-77-00000.0-0109.00
$445K

Listing Agent (for property info)

J
Jeremy Stewart
Compass Florida, LLC
321-626-5821
Call Listing Agent

Estimated Monthly Payment

$3,120/mo
Principal & interest
$2,345
Property taxes
$445
Insurance & HOA
$330

Based on a 6.90% rate, 30-year loan, and $445K price — down payment shown: $89,000.

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# 1078851

What's Nearby

restaurants
Einstein Bros. Bagels
0.3 mi away
home improvement
The Home Depot
0.4 mi away
restaurants
Dutch Bros. Coffee
0.4 mi away
coffee shops
Dutch Bros. Coffee
0.4 mi away
restaurants
Arby's
0.4 mi away
restaurants
Chipotle
0.4 mi away
restaurants
Culver's
0.5 mi away
restaurants
Bojangles'
0.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1078851 · Listing Broker: Compass Florida, LLC · 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.