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For SaleSingle Family Home
$550K
3119 Ribbon Grass Drive, Melbourne, FL 32940
Viera neighborhood
Subdivision: SENDERO COVE & SIERRA COVE AT ADDISON VILLAGE PHASE 1
3
Bedrooms
2
Bathrooms
1,612
Sq Ft
2020
Year Built
$341 /sqft

About This Property

Description from listing agent

Beautifully maintained 3-bedroom, 2-bath home in the sought-after Sierra Cove community of West Viera at Addison Village. This open concept design features a spacious great room, café dining area, and a large kitchen island with granite countertops and stainless-steel appliances, perfect for everyday living and entertaining. Retreat to the owner's suite featuring dual sinks, a soaking tub, and a large shower. Enjoy your morning coffee on the screened lanai overlooking a generous fenced backyard. Freshly painted interior and top-rated schools make this one a must-see. Enjoy resort style living with Addison Village Club amenities including a pool, clubhouse, tennis, and pickleball. Close to I-95, The Avenue shopping and dining. Pack the sunscreen, less than 20 minutes to the beach!

Space Coast Context

🚀 Launch Viewing — Good Views

25.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.4 mi~21 min
L3Harris10.5 mi~23 min
KSC21.6 mi~48 min
SpaceX21.6 mi~48 min
Boeing/KSC21.7 mi~48 min
Blue Origin21.7 mi~48 min
Lockheed21.8 mi~49 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
  • 8/7/26
    Price change
    $550K -0.9%
    $341/sqft
  • 7/17/26
    Listed
    $555K
    $344/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
4.7% above median
Median comparable close: $525,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.2% of list price
At that rate, a competitive offer ≈ $539,900
Price Reductions
1 reduction
Originally listed at $555,000 · Cut $5,100 total
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
0.18 acres (7,841 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$670/mo
Days on Market
41
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

Schools

Elementary

Viera

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Jul 17, 2026
Parcel #
26-36-17-Xa-0000g.0-0005.00
$550K

Listing Agent (for property info)

E
Eileen Olejarski
One Sotheby's International
321-508-1911
Call Listing Agent

Estimated Monthly Payment

$4,267/mo
Principal & interest
$2,897
Property taxes
$550
Insurance & HOA
$820

Based on a 6.90% rate, 30-year loan, and $550K price — down payment shown: $109,980.

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# 1082775

What's Nearby

dog parks
Central Bark Dog Park
0.2 mi away
schools
Pinecrest Academy Space Coast
0.8 mi away
pharmacies
Publix
0.9 mi away
grocery
Publix
0.9 mi away
dog parks
Bark Park
1.3 mi away
schools
Quest Elementary School
1.3 mi away
dog parks
Viera Dog Park
1.4 mi away
dog parks
Viera Dog Park
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082775 · Listing Broker: One Sotheby's International · 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.