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For SaleSingle Family Home
$300K
1270 Arnold Drive, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Colony West Subd Sec 3
3
Bedrooms
2
Bathrooms
1,456
Sq Ft
1972
Year Built
$206 /sqft

About This Property

Description from listing agent

Enjoy low-maintenance living with the home's major systems already updated. Oversized 2-car garage, Roof 2026, Paint 2026, Replumb 2023, AC 2023, kitchen and bathrooms updated, tile flooring throughout. 3 Bedroom, 2 Bathroom, Concrete block home, front porch sunrise and back porch sunsets, mature trees and the neighboring HOA's buffer offers privacy on this 0.3 acre site, with a fenced in backyard! 2 miles from EGAD, 3.5 miles to I-95, and minutes to the beach!

Space Coast Context

🚀 Launch Viewing — Good Views

30.5 mi from SLC-40

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

Aerospace Commute Guide
Northrop2.2 mi~5 min
L3Harris2.6 mi~6 min
Blue Origin24.9 mi~55 min
SpaceX25.7 mi~57 min
Lockheed25.8 mi~57 min
Boeing/KSC27.1 mi~1h
KSC27.4 mi~1h 1m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/2/26
    Listed
    $300K
    $206/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.5% above median
Median comparable close: $274,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.9% of list price
At that rate, a competitive offer ≈ $296,654
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 7 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
0.3 acres (13,068 sqft)
Full Baths
2
Garage
2 car
Days on Market
51
MLS Area
323 - Eau Gallie

Schools

Elementary

Croton

Middle School

Johnson

Financial & Listing Details

Listed
Jul 7, 2026
Parcel #
27-37-19-13-0000g.0-0002.00
$300K

Listing Agent (for property info)

A
Allison Richards
Richards Real Estate
321-292-4430
Call Listing Agent

Estimated Monthly Payment

$2,031/mo
Principal & interest
$1,581
Property taxes
$300
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $300K price — down payment shown: $60,000.

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# 1081518

What's Nearby

government
Social Security Center
0.2 mi away
vets
Animal Emergency and Critical Care Center of Brevard
0.5 mi away
schools
Sabal Elementary School
0.5 mi away
restaurants
Southern Sisters
0.5 mi away
coffee shops
Southern Sisters
0.5 mi away
restaurants
Subway
0.6 mi away
restaurants
321 pho
0.6 mi away
restaurants
Indian River Coffee
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1081518 · Listing Broker: Richards Real Estate · 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.