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For SaleSingle Family Home
$850K
6776 Arroyo Drive, Melbourne, FL 32940
Viera neighborhood
Subdivision: Fairway Lakes at Viera Phase I
3
Bedrooms
3
Bathrooms
2,773
Sq Ft
2007
Year Built
$306 /sqft

About This Property

Description from listing agent

Discover this beautifully maintained three-bedroom, three-bath pool home in Viera's Fairway Lakes, featuring serene lake views and a flexible layout with a versatile flex room. Freshly painted inside and out, this home offers a bright, open floor plan that effortlessly connects the living, dining, and kitchen areas, perfect for entertaining or relaxed everyday living. The owner's suite is a private retreat with walk-in closets, patio access, and an ensuite bath featuring a soaking tub, dual sinks, and a separate shower. Two additional bedrooms plus the flex room provide plenty of space for guests, family, or a home office. Step outside through triple sliders to your private pool and enjoy tranquil waterfront living in the Florida sunshine. Additional highlights include a paver driveway, a spacious garage with two 240-volt outlets for electric vehicle charging, and a location in a gated community offering privacy and security. Just minutes from shopping, golf, hospitals, beaches, and

Space Coast Context

🚀 Launch Viewing — Good Views

24.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.4 mi~23 min
L3Harris11.6 mi~26 min
KSC20 mi~45 min
SpaceX20.1 mi~45 min
Boeing/KSC20.1 mi~45 min
Blue Origin20.3 mi~45 min
Lockheed20.4 mi~45 min

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.

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
8.6% below market
Median comparable close price: $930,000
Typical Offer Discount
97.4% of list price
At that rate, a competitive offer ≈ $828,016
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.26 acres (11,326 sqft)
Full Baths
3
Garage
2 car
HOA Fee
$750/mo
Waterfront
Yes
Pool
Yes
Days on Market
128
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: FAIRWAY LAKES
  • Fee: $750 / semi-annually

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Apr 24, 2026
Parcel #
26-36-08-Um-0000d.0-0005.00
$850K

Listing Agent (for property info)

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

Estimated Monthly Payment

$6,228/mo
Principal & interest
$4,478
Property taxes
$850
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $850K price — down payment shown: $169,980.

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# 1075556

What's Nearby

government
Harry T & Harriette V Moore Justice Center
0.5 mi away
schools
Viera Charter School
0.7 mi away
restaurants
Steak 'n Shake
0.7 mi away
restaurants
Panera Bread
0.7 mi away
restaurants
Chipotle
0.7 mi away
grocery
Trader Joe's
0.8 mi away
restaurants
Jersey Mike's Subs
0.8 mi away
restaurants
Tropical Smoothie Cafe
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1075556 · 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.