1 / 50
For SaleSingle Family Home
$1.1M
150 Utopia Circle, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Egrets Cove
5
Bedrooms
4
Bathrooms
5,308
Sq Ft
1988
Year Built
$216 /sqft

About This Property

Description from listing agent

Discover one of Brevard County's most unique communities with 1-acre lots and a private 21-slip marina! Nestled between the Banana and Indian Rivers on scenic S. Tropical Trail, this 5,000+ SF home is a boater's paradise, a mechanic's dream, and a movie lover's retreat. It offers 4 beds, 4 baths, an office, theater room, and 4-car garage. Enjoy true island living on 1 acre with an RV pad and an 8k-lb lift in your dedicated marina slip. The fully fenced yard is framed by oaks, coconut palms, and lush tropical landscaping. A screened, heated saltwater pool with hot tub and bar creates the perfect entertaining space. Inside, a split floor plan provides privacy, enhanced by high coffered ceilings and three fireplaces. The gourmet kitchen is ideal for chefs, while the 900-sf owner's retreat boasts a private balcony and spa-style bath. Home warranty included! Metal roof (2015), solar attic fans (2025), and newer AC (2024). **Assumable VA loan 2.85%**

Space Coast Context

🚀 Launch Viewing — Good Views

21.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.1 mi~20 min
L3Harris10.9 mi~24 min
Blue Origin16.8 mi~37 min
SpaceX17.2 mi~38 min
Lockheed17.3 mi~39 min
Boeing/KSC18.3 mi~41 min
KSC18.7 mi~42 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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
1 acres (43,560 sqft)
Full Baths
4
Garage
4 car (attached)
Fireplaces
3
HOA Fee
$294/mo
Pool
Yes
Days on Market
157
MLS Area
253 - S Merritt Island

Community & HOA

HOA

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Feb 10, 2026
$1.1M

Listing Agent (for property info)

L
Laura Johnston
RE/MAX Downtown
407-310-8078
Call Listing Agent

Estimated Monthly Payment

$7,647/mo
Principal & interest
$6,054
Property taxes
$1,149
Insurance & HOA
$444

Based on a 6.90% rate, 30-year loan, and $1.1M price — down payment shown: $229,800.

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.

MLS# 1052161

Interested in this property?

Equal Housing Opportunity

MLS# 1052161 · Listing Broker: RE/MAX Downtown · 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.