About This Property
Description from listing agentHuge Price Reduction Below Recent Appraised Value, Discover the epitome of equestrian elegance and coastal serenity at 2195 S. Courtenay Pkwy, Merritt Island, FL 32952. An extraordinary 7+ acre Georgian masterpiece priced way below its recent appraisal at just $1,899,990, presenting an unmatched opportunity for visionaries seeking a legacy property in South Merritt Island's coveted enclave. This architectural gem, crafted in 1983 and meticulously expanded to over 7,300 square feet of refined living space, blends timeless grandeur with modern comforts across the main residence and detached guest quarters. The main house unfolds in four generously appointed bedrooms and four full baths, anchored by dual fireplaces that invite cozy gatherings year-round. Step into the formal dining room, where intricate custom wood paneling and soaring ceilings create an ambiance fit for unforgettable gatherings. The kitchen, freshly renovated, gazes out over the screened pool area and rolling lawns,
Space Coast Context
🚀 Launch Viewing — Great Views
18.1 mi from SLC-40
18.1 miles from SLC-40 — clear launch views from your yard or roof on most days.
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
- 9/19/25Listed$1.6M$222/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
Price history and market context for this listing.
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.
Location
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Community & HOA
HOA
- Name: South Merrit Estates HOA
- Fee: $125 / voluntary
Schools
Elementary
Tropical
Middle School
Jefferson
High School
Merritt Island
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $8,554
- Property taxes
- $1,623
- Insurance & HOA
- $275
Based on a 6.90% rate, 30-year loan, and $1.6M price — down payment shown: $324,691.
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.
