About This Property
Description from listing agentWelcome to 1685 Marcello Dr. in the gated community of Veranda Place -- a beautifully maintained custom-built, single-owner lakefront home that combines timeless design, thoughtful upgrades, and exceptional indoor-outdoor living. This move-in ready residence has been meticulously cared for and offers peace of mind with major improvements already completed, including a 2023 roof, 2024 A/C system, 2023 hot water heater, 2025 pool pump, and two new LED lights installed in 2026. Inside, the home features an inviting and functional split floor plan with elegant tray ceilings, spacious living areas, and a warm gas fireplace that creates the perfect focal point for gatherings or quiet evenings at home. Large windows and sliding glass doors allow natural light to pour in while showcasing serene lake views from multiple rooms throughout the home. The kitchen is designed for both everyday living and entertaining with a gas cooktop, walk-in pantry, wine cooler, and MORE...
Space Coast Context
🚀 Launch Viewing — Good Views
30.4 mi from SLC-40
30.4 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.
Estimated flood insurance: $2,000 – $6,000+ / 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
- 5/31/26Listed$785K$339/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
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Space Coast Property Management
- Fee: $887 / annually
Schools
Elementary
Sabal
Middle School
Johnson
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $4,136
- Property taxes
- $785
- Insurance & HOA
- $1,037
Based on a 6.90% rate, 30-year loan, and $785K price — down payment shown: $157,000.
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.
