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For SaleSingle Family Home
$999K
5423 Winding Way, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Otter Trace
4
Bedrooms
5
Bathrooms
4,904
Sq Ft
1993
Year Built
$204 /sqft

About This Property

Description from listing agent

Timeless Victorian elegance blends with modern comfort in this remarkable 4,990 sq ft estate on 1.24 waterfront acres. Built in 1993, the 4BD/5BA residence showcases refined details—arched trimwork, a sweeping curved staircase, and ensuite baths in every bedroom. The gourmet kitchen highlights soft-toned cabinetry and reverse osmosis. A generous primary suite offers a private balcony and a 16'x13' walk-in closet with windows, built-ins, and chandeliers. Take in sunsets and rocket launches from the 1,000+ sq ft screened porch, or entertain in the pavered courtyard with a fire pit. A detached 3-car garage provides one A/C'd bay and a suite above. Miami-Dade impact windows (partial), fenced grounds, smart locks, mature oaks, landscape lighting, and wraparound porches (6,227 sq ft under roof). Roof 2017, A/Cs 2024 & 2014. Low HOA of $150/year. A mix of privacy, beauty, and lifestyle in Merritt Island!!!

Space Coast Context

🚀 Launch Viewing — Great Views

10.1 mi from SLC-40

10.1 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC4.8 mi~11 min
Boeing/KSC5.1 mi~11 min
SpaceX7.4 mi~16 min
Lockheed8 mi~18 min
Blue Origin9.6 mi~21 min
Northrop23 mi~51 min
L3Harris24.8 mi~55 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
  • 11/19/25
    Listed
    $999K
    $204/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.

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, 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
1.24 acres (54,014 sqft)
Full Baths
5
Garage
3 car
Fireplaces
1
HOA Fee
$150/mo
Waterfront
Canal Non-Navigation
Days on Market
199
MLS Area
250 - N Merritt Island

Community & HOA

HOA

  • Name: Otter Trace
  • Fee: $150 / annually

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Dec 4, 2025
Parcel #
23-36-25-50-00000.0-0017.00
$999K

Listing Agent (for property info)

J
Jama Porter
Denovo Realty
321-960-2154
Call Listing Agent

Estimated Monthly Payment

$6,563/mo
Principal & interest
$5,264
Property taxes
$999
Insurance & HOA
$300

Based on a 6.90% rate, 30-year loan, and $999K price — down payment shown: $199,800.

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# 1062562

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Equal Housing Opportunity

MLS# 1062562 · Listing Broker: Denovo Realty · 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.