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For SaleSingle Family Home
$350K
785 Conestee Drive, Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: The Falls at Sheridan Phase II
3
Bedrooms
2
Bathrooms
2,252
Sq Ft
1997
Year Built
$155 /sqft

About This Property

Description from listing agent

This West Melbourne lakefront home is ready for its next owner! Location is everything, and this one checks all of the boxes. Tucked away in the gated neighborhood of The Falls at Sheridan, this home blends the lifestyle of a quiet, calm neighborhood with the convenience of being 5 minutes from I-95 and 20 minutes to the beach. The mature trees, picturesque views of the lake, and over 1/3 of an acre combine for truly tranquil living. Boasting over 2200 square feet, two separate living spaces, and a split bedroom plan, this home has plenty of room to spread out! The oversized primary suite is complete with a view of the lake, a large walk in closet, and a bathroom with soaking tub and shower. Outside, a nearly 400 sq ft covered and screened back porch is a blank canvas, and is ready to be used to entertain or to relax! If you've been looking for a spacious home in West Melbourne, this could be the one for you!

Space Coast Context

🚀 Launch Viewing — Good Views

33 mi from SLC-40

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

Aerospace Commute Guide
L3Harris3.6 mi~8 min
Northrop4.7 mi~10 min
Blue Origin27.7 mi~1h 2m
SpaceX28.3 mi~1h 3m
Lockheed28.4 mi~1h 3m
Boeing/KSC29.4 mi~1h 6m
KSC29.6 mi~1h 6m

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
  • 4/3/26
    Listed
    $350K
    $155/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
4.5% above median
Median comparable close: $335,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $350,000
Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.34 acres (14,810 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$600/mo
Waterfront
Yes
Days on Market
80
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: The Falls at Sheridan
  • Fee: $600 / annually

Schools

Elementary

Roy Allen

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Apr 3, 2026
Parcel #
27-36-35-02-0000d.0-0045.00
$350K

Listing Agent (for property info)

M
Michael Carey Heissenbuttel
Keller Williams Realty Brevard
321-626-8553
Call Listing Agent

Estimated Monthly Payment

$2,944/mo
Principal & interest
$1,844
Property taxes
$350
Insurance & HOA
$750

Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $70,000.

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# 1073622

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Equal Housing Opportunity

MLS# 1073622 · Listing Broker: Keller Williams Realty Brevard · 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.