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For SaleSingle Family Home
$530K
3505 Cedar Mountain Avenue, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Greystone
4
Bedrooms
3
Bathrooms
2,164
Sq Ft
1992
Year Built
$245 /sqft

About This Property

Description from listing agent

Welcome to the desirable and sought-after Greystone community! This cozy, beautifully maintained neighborhood offers an ideal location close to the King Center, a variety of restaurants, Publix, local parks, and the beaches of South Brevard, with quick access to I-95. Situated on a corner lot surrounded by mature shade trees, this inviting home features an oversized hot tub, a convenient storage alcove, and built-in shelving that adds both function and charm to the main living area. Recent upgrades include a new roof (Oct 2023), refinished gables (Nov 2023), re-screened enclosure (June 2023), water heater (2020), HVAC (March 2022) active warranty is transferrable), refrigerator (April 2023), and oven (2024). Added peace of mind comes with hurricane shutters and high-velocity sliding glass doors. This lovingly maintained home blends comfort, quality, and convenience in one of Melbourne's most desirable communities!

Space Coast Context

🚀 Launch Viewing — Good Views

27.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop4.4 mi~10 min
L3Harris5.6 mi~12 min
Blue Origin22.7 mi~51 min
SpaceX23.2 mi~52 min
Lockheed23.3 mi~52 min
Boeing/KSC24.3 mi~54 min
KSC24.6 mi~55 min

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
  • 10/21/25
    Listed
    $530K
    $245/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
At market value
Median comparable close price: $515,000
Typical Offer Discount
99.3% of list price
At that rate, a competitive offer ≈ $526,054
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
0.29 acres (12,632 sqft)
Full Baths
3
Garage
2 car
HOA Fee
$265/mo
Pool
Yes
Days on Market
244
MLS Area
321 - Lake Washington/S of Post

Community & HOA

HOA

  • Name: Fairway Management
  • Fee: $265 / annually

Schools

Elementary

Longleaf

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Nov 7, 2025
Parcel #
27-36-01-26-00000.0-0093.00
$530K

Listing Agent (for property info)

L
Laura Cunningham
Watson Realty Corp
252-617-2668
Call Listing Agent

Estimated Monthly Payment

$3,737/mo
Principal & interest
$2,792
Property taxes
$530
Insurance & HOA
$415

Based on a 6.90% rate, 30-year loan, and $530K price — down payment shown: $106,000.

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# 1060286

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Equal Housing Opportunity

MLS# 1060286 · Listing Broker: Watson Realty Corp · 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.