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For SaleSingle Family Home
$262K
541 Cheyenne Avenue, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Cresthaven Homes Sec 2
4
Bedrooms
2
Bathrooms
1,368
Sq Ft
1963
Year Built
$192 /sqft

About This Property

Description from listing agent

This is the kind of home that gives you room to settle in and decide what you want it to become. Inspection report avail; home includes cast iron & Seller open to concessions at closing. Featuring 4 bedrooms, 2 baths, and a separate large laundry area, the layout is practical & inviting. You enter into an open living area, while the generously sized bedrooms are set apart for added privacy. The entire home is tile and the interior has been freshly painted, creating a clean, well cared for feel. The kitchen & bathrooms remain original, offering the opportunity to update over time rather than paying for pre-selected finishes. Notable updates include solar, a 2012 HVAC, windows replaced in 2012, and 2018 roof. The backyard features brick pavers for low maintenance, mature hedges for privacy, and backs up to a canal. A long driveway provides ample parking, including space for a boat or RV. The carport is currently screened in. Located in an established neighborhood with no HOA.

Space Coast Context

🚀 Launch Viewing — Good Views

31.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.9 mi~4 min
Northrop2.1 mi~5 min
Blue Origin25.7 mi~57 min
SpaceX26.5 mi~59 min
Lockheed26.6 mi~59 min
Boeing/KSC27.9 mi~1h 2m
KSC28.3 mi~1h 3m

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
  • 12/12/25
    Listed
    $262K
    $192/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: $270,000
Typical Offer Discount
96.9% of list price
At that rate, a competitive offer ≈ $254,224
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
0.15 acres (6,534 sqft)
Full Baths
2
Days on Market
206
MLS Area
323 - Eau Gallie

Schools

Elementary

Roy Allen

Middle School

Central

High School

Eau Gallie

Financial & Listing Details

Listed
Dec 12, 2025
Parcel #
27-37-19-76-0000l.0-0040.00
$262K

Listing Agent (for property info)

A
Alicia M Marshall-Paradowski
Keller Williams Realty Brevard
772-713-1042
Call Listing Agent

Estimated Monthly Payment

$1,795/mo
Principal & interest
$1,382
Property taxes
$262
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $262K price — down payment shown: $52,470.

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# 1064186

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Equal Housing Opportunity

MLS# 1064186 · 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.