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For SaleSingle Family Home
$900K
4200 Mustang Road, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: None
4
Bedrooms
3
Bathrooms
2,815
Sq Ft
2006
Year Built
$320 /sqft

About This Property

Description from listing agent

The most special & unique home and property you'll see! Absolute one of a kind w/so much character. 2 story concrete block w/concrete hardiboard siding. Wrap around porches & balconies w/amazing nature views. Complete & total privacy w/over 2 beautiful fenced acres & nobody around you. Brazilian cherry hardwood floors throughout. Pella hurricane windows & doors. Island kitchen w/custom cabinetry w/crown, tiled backsplash, quality appliances incl double oven, weather station above farmhouse sink, & granite counters. Large freeform pool & entertaining area w/marble travertine tile. Raised ceilings on both floors w/8ft doors. 2 master suites. 2 fireplaces. Whole house solar system cuts power bill by 2/3. Metal roof. On demand tankless water heater. Central vac. Private gated entrance. Stocked pond w/fountain. Huge 3 car garage epoxy floor, 8ft overhead doors & workshop area. Covered RV/boat parking w/water & 30amp power. City water plus R/O water treatment system. Surround sound. Must see

Space Coast Context

🚀 Launch Viewing — Good Views

29.1 mi from SLC-40

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

Aerospace Commute Guide
Northrop4.6 mi~10 min
L3Harris5.3 mi~12 min
Blue Origin23.9 mi~53 min
SpaceX24.4 mi~54 min
Lockheed24.5 mi~55 min
Boeing/KSC25.3 mi~56 min
KSC25.5 mi~57 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
  • 3/13/26
    Listed
    $900K
    $320/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
41.7% above median
Median comparable close: $635,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.8% of list price
At that rate, a competitive offer ≈ $898,485
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
2.15 acres (93,654 sqft)
Full Baths
2
Half Baths
1
Garage
3 car
Fireplaces
2
Waterfront
Yes
Pool
Yes
Days on Market
97
MLS Area
321 - Lake Washington/S of Post

Schools

Elementary

Sabal

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Mar 13, 2026
Parcel #
27-36-11-00-00034.0-0000.00
$900K

Listing Agent (for property info)

A
Andy Waterman
Waterman Real Estate, Inc.
321-698-3000
Call Listing Agent

Estimated Monthly Payment

$5,791/mo
Principal & interest
$4,741
Property taxes
$900
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $900K price — down payment shown: $179,980.

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# 1071896

Interested in this property?

Equal Housing Opportunity

MLS# 1071896 · Listing Broker: Waterman Real Estate, Inc. · 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.