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For SaleSingle Family Home
$390K
1272 White Oak Circle, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Magnolia Lakes Phase 1
3
Bedrooms
2
Bathrooms
1,893
Sq Ft
1999
Year Built
$206 /sqft

About This Property

Description from listing agent

Beautifully maintained home in the highly desirable Magnolia Lakes community! Situated on a fully fenced corner lot, this home offers privacy, curb appeal, and a fantastic location just a short walk from the community pool. Inside, you'll find soaring ceilings and a spacious, well-designed floor plan that feels bright and open throughout. The large primary suite provides a comfortable retreat with plenty of room to relax. Recent updates include a 2022 roof, 2022 AC and new sod in the backyard, making outdoor enjoyment easy and worry-free. Magnolia Lakes is known for its low HOA fees and convenient location close to shopping, dining, schools, and major roadways. This move-in-ready home combines comfort, value, and community amenities in one exceptional package.

Space Coast Context

🚀 Launch Viewing — Good Views

31.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4 mi~9 min
Northrop4.2 mi~9 min
Blue Origin25.9 mi~58 min
SpaceX26.5 mi~59 min
Lockheed26.6 mi~59 min
Boeing/KSC27.5 mi~1h 1m
KSC27.7 mi~1h 2m

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
  • 6/27/26
    Price change
    $390K -1.3%
    $206/sqft
  • 6/19/26
    Price change
    $395K -1.0%
    $209/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
6.9% above median
Median comparable close: $364,900 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.2% of list price
At that rate, a competitive offer ≈ $382,987
Price Reductions
2 reductions
Originally listed at $395,000 · Cut $9,000 total
See & adjust the 4 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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$350/mo
Days on Market
51
MLS Area
321 - Lake Washington/S of Post

Community & HOA

HOA

  • Name: Space Coast Property Mgmt
  • Fee: $350 / annually

Schools

Elementary

Sabal

Middle School

Johnson

Financial & Listing Details

Listed
Jun 3, 2026
Parcel #
27-36-23-02-00000.0-0101.00
$390K

Listing Agent (for property info)

S
Samantha J Fields
Real Broker LLC
708-629-5277
Call Listing Agent

Estimated Monthly Payment

$2,945/mo
Principal & interest
$2,055
Property taxes
$390
Insurance & HOA
$500

Based on a 6.90% rate, 30-year loan, and $390K price — down payment shown: $78,000.

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# 1078910

Interested in this property?

Equal Housing Opportunity

MLS# 1078910 · Listing Broker: Real Broker LLC · 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.