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For SaleSingle Family Home
$515K
4122 Chelan Drive, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Post Road Cascades
4
Bedrooms
3
Bathrooms
2,231
Sq Ft
1999
Year Built
$231 /sqft

About This Property

Description from listing agent

Welcome to 4122 Chelan Drive, a spacious four bedroom, three bathroom home offering functional design, thoughtful updates, and true pride of ownership throughout. Owned by the original owners, this home reflects years of careful maintenance and attention to detail. Inside, you will find both a formal living room and formal dining room, along with a large family room that opens seamlessly to the kitchen, creating an ideal layout for everyday living and entertaining. The kitchen features 42 inch cabinetry, tile flooring, a new microwave, a skylight that fills the space with natural light, and an eat-in dining area overlooking the pool. The primary suite offers dual vanities, a walk-in shower, soaking tub, separate water closet, and his and hers closets. Luxury vinyl plank flooring adds a modern touch. Built-in shelving in closets throughout the home enhances storage and organization. Two pocket doors provide added flexibility and privacy.

Space Coast Context

🚀 Launch Viewing — Good Views

27.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop4.4 mi~10 min
L3Harris5.7 mi~13 min
Blue Origin22.3 mi~50 min
SpaceX22.9 mi~51 min
Lockheed23 mi~51 min
Boeing/KSC24 mi~53 min
KSC24.3 mi~54 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
  • 3/2/26
    Listed
    $515K
    $231/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
5.5% below market
Median comparable close price: $545,000
Typical Offer Discount
99.4% of list price
At that rate, a competitive offer ≈ $511,678
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.19 acres (8,276 sqft)
Full Baths
3
Garage
3 car (attached)
HOA Fee
$400/mo
Pool
Yes
Days on Market
114
MLS Area
320 - Pineda/Lake Washington

Community & HOA

HOA

  • Name: Post Road Cascades
  • Fee: $400 / annually

Schools

Elementary

Longleaf

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Mar 3, 2026
Parcel #
26-36-36-75-0000c.0-0020.00
$515K

Listing Agent (for property info)

T
The Ellis Group
One Sotheby's International
321-480-9703
Call Listing Agent

Estimated Monthly Payment

$3,778/mo
Principal & interest
$2,713
Property taxes
$515
Insurance & HOA
$550

Based on a 6.90% rate, 30-year loan, and $515K price — down payment shown: $103,000.

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# 1070914

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Equal Housing Opportunity

MLS# 1070914 · Listing Broker: One Sotheby's International · 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.