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For SaleSingle Family Home
$1.4M
2882 Emeldi Lane, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Fairway Lakes at Viera Phase 4
4
Bedrooms
3
Bathrooms
2,976
Sq Ft
2017
Year Built
$454 /sqft

About This Property

Description from listing agent

Welcome Home to this stunning custom-built luxury home. This home is a blend of contemporary elegance with timeless craftsmanship. As soon as you enter through the double doors, you'll appreciate the open floorplan that beams with bright light, making the space warm and cozy. The gourmet kitchen greets you with a large island, GE Monogram stainless-steel appliances, and a custom bar area. A spacious great room flows effortlessly to the covered lanai and private pool retreat, complete with outdoor kitchen. The seamless indoor-outdoor living space is perfect for both every day living and entertaining. The primary suite is a true sanctuary, boasting a spa-inspired bath with soaking tub, dual vanities, and his and hers closets. Additional features include a home office/5th bedroom, flex space off the 4th bedroom and a three-car garage. This home is also nestled along the first fairway of Duran--one of Brevard's premier golf courses. Fairway Lakes at Viera is a pristine neighborhood with

Space Coast Context

🚀 Launch Viewing — Good Views

24.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop10.2 mi~23 min
L3Harris11.5 mi~26 min
KSC20 mi~45 min
SpaceX20.1 mi~45 min
Boeing/KSC20.1 mi~45 min
Blue Origin20.2 mi~45 min
Lockheed20.3 mi~45 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
  • 3/20/26
    Listed
    $1.4M
    $454/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 8 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
66.7% above median
Median comparable close: $810,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.0% of list price
At that rate, a competitive offer ≈ $1,335,993
Price Reductions
No reductions
Listed price has not changed since hitting the market
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 (single family, condo, townhouse, etc.)
  • 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)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.28 acres (12,197 sqft)
Full Baths
3
Garage
3 car (attached)
HOA Fee
$750/mo
Waterfront
Yes
Pool
Yes
Days on Market
91
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

  • Name: Faiway Lakes HOA
  • Fee: $750 / semi-annually

Schools

Elementary

Viera

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Mar 20, 2026
Parcel #
26-36-09-Vs-0000a.0-0019.00
$1.4M

Listing Agent (for property info)

P
Patricia Cincimino
Waterman Real Estate
321-446-5568
Call Listing Agent

Estimated Monthly Payment

$9,363/mo
Principal & interest
$7,113
Property taxes
$1,350
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $1.4M price — down payment shown: $270,000.

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# 1072513

Interested in this property?

Equal Housing Opportunity

MLS# 1072513 · Listing Broker: Waterman Real Estate · 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.