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For SaleSingle Family Home
$1.4M
2941 Emeldi Lane, Melbourne, FL 32940
Viera neighborhood
Subdivision: Fairway Lakes at Viera Phase 4
4
Bedrooms
3
Bathrooms
3,342
Sq Ft
2014
Year Built
$426 /sqft

About This Property

Description from listing agent

One of the most special homes in Viera has come to market for the first time ever. This home was custom built by one of Brevard's premier builders, and each phase of construction was meticulously monitored by the owner. The front of the home boast stacked stone accents, crown molding, corbels, and a raised covered entry framing the stunning Abbey Doors. Enter to a grand foyer defined by a tray ceiling w/crown molding & 2 decorative chandeliers. The view from the foyer is across the great room to the pool and lake beyond. The semi formal dining rm w/tray ceil. and double crown molding is illuminated by 2 recessed lights plus a beautiful chandelier. As you transition from the dining rm to the kitchen area you'll pass the built-in wine rack. The kitchen is the heart of the home, and this home has a lot of heart! Loads of beautiful cabinetry, some w/glass inserts and illuminated, extra deep drawers, a 5 burner gas cooktop with a stacked stone wall. Please click more.

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
Northrop10.3 mi~23 min
L3Harris11.5 mi~26 min
KSC20 mi~45 min
SpaceX20.1 mi~45 min
Boeing/KSC20.1 mi~45 min
Blue Origin20.2 mi~45 min
Lockheed20.3 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.

Price History

Date
Event
Price
  • 6/18/26
    Price change
    $1.4M -2.7%
    $426/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
18.8% above median
Median comparable close: $1,200,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.3% of list price
At that rate, a competitive offer ≈ $1,372,222
Price Reductions
1 reduction
Originally listed at $1,425,000 · Cut $40,000 total
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
0.25 acres (10,890 sqft)
Full Baths
3
Total Rooms
8
Garage
3 car (attached)
HOA Fee
$750/mo
Waterfront
Yes
Pool
Yes
Days on Market
127
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: Fairway Lakes HOA
  • Fee: $750 / semi-annually

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Mar 12, 2026
Parcel #
26-36-08-Vs-0000b.0-0006.00
$1.4M

Listing Agent (for property info)

R
Richard Karr
Karr Professional Group P.A.
321-698-9476
Call Listing Agent

Estimated Monthly Payment

$9,833/mo
Principal & interest
$7,508
Property taxes
$1,425
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $1.4M price — down payment shown: $285,000.

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# 1071450

Interested in this property?

Equal Housing Opportunity

MLS# 1071450 · Listing Broker: Karr Professional Group P.A. · 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.