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For SaleSingle Family Home
$475K
1638 Rustic Way, Melbourne, FL 32935
Wickham Park neighborhood
Subdivision: Lake Washington Oaks
4
Bedrooms
2
Bathrooms
2,136
Sq Ft
1994
Year Built
$222 /sqft

About This Property

Description from listing agent

🏡 Welcome home to this 4-bedroom, 2-bath one-story concrete block gem in Melbourne, FL! Boasting a 2024 ROOF and NEW 2026 HVAC SYSTEM, this home offers peace of mind for years to come. Soaring high ceilings with recessed lighting and durable luxury vinyl flooring flow throughout the light-filled, split-bedroom floor plan--perfect for privacy. ✨ The updated kitchen shines with sleek stainless steel appliances, a gas range, solid surface counters, and quality cabinetry--a chef's dream. Retreat to the fabulous 14x15 owner's suite featuring an ensuite bath with dual vanities, a walk-in shower, and a charming claw foot tub. French doors open to your private, screened 756 SF pool and patio oasis--true Florida indoor-outdoor living at its finest! A fully fenced yard and 2-car garage complete this exceptional package. A little bit of work will make this one a stunner! 🚀 Don't miss this rare opportunity in Melbourne's competitive market--schedule your showing today!

Space Coast Context

🚀 Launch Viewing — Good Views

29 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.9 mi~4 min
L3Harris3.5 mi~8 min
Blue Origin23.3 mi~52 min
SpaceX24.2 mi~54 min
Lockheed24.2 mi~54 min
Boeing/KSC25.7 mi~57 min
KSC26.1 mi~58 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.

Price History

Date
Event
Price
  • 8/28/26
    Listed
    $475K
    $222/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
13.1% above median
Median comparable close: $420,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.4% of list price
At that rate, a competitive offer ≈ $462,686
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.22 acres (9,583 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$115/mo
Pool
Yes
Days on Market
1
MLS Area
323 - Eau Gallie

Community & HOA

HOA

  • Name: LAKE WASHINGTON OAKS
  • Fee: $115 / quarterly

Schools

Elementary

Dr. W.J. Creel

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Aug 28, 2026
Parcel #
27-37-08-59-0000c.0-0013.00
$475K

Listing Agent (for property info)

S
Stacey Buchanan
Melbourne Realty, Inc.
321-508-5224
Call Listing Agent

Estimated Monthly Payment

$3,242/mo
Principal & interest
$2,502
Property taxes
$475
Insurance & HOA
$265

Based on a 6.90% rate, 30-year loan, and $475K price — down payment shown: $94,980.

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# 1086218

What's Nearby

fire stations
Melbourne Fire Department Station 6
0.4 mi away
schools
Dr WJ Creel Elementary
0.5 mi away
schools
Johnson Middle School
0.5 mi away
fire stations
Eau Gallie Fire / Rescue Station 66
0.8 mi away
restaurants
Su Preferido
0.9 mi away
golf
Harbor City Golf Course
0.9 mi away
schools
Eau Gallie High School
1.1 mi away
dog parks
Pieloch
1.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086218 · Listing Broker: Melbourne Realty, Inc. · 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.