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For SaleSingle Family Home
$859K
992 Balmoral Way, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Balmoral Baytree Planned Unit Development Phase 3
4
Bedrooms
3
Bathrooms
2,940
Sq Ft
2003
Year Built
$292 /sqft

About This Property

Description from listing agent

Welcome to 992 Balmoral Way, an exceptional 4-bedroom, 3-bath pool home located within the prestigious gated golf community of Baytree. Designed with both elegance and functionality in mind, this residence features 10-foot ceilings, crown molding throughout, real wood flooring, formal living and dining rooms, and a spacious split floor plan served by two A/C systems. The beautifully appointed kitchen offers solid wood cabinetry, granite countertops, a wood-topped center island, double ovens, and abundant storage. The oversized laundry room includes an additional refrigerator and a secure storage closet, while every closet throughout the home features custom built-ins. The primary suite is a true retreat with dual closets, dual vanities, a soaking tub, walk-in shower, separate water closet, and distinctive coquina rock tile. Step outside to your private backyard oasis backing to a preserve, featuring a screened pool and spa with app-controlled automation, a Paramount in-floor cleaning

Space Coast Context

🚀 Launch Viewing — Good Views

25.6 mi from SLC-40

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

Aerospace Commute Guide
Northrop7.4 mi~16 min
L3Harris8.8 mi~20 min
Blue Origin20.8 mi~46 min
SpaceX21 mi~47 min
Lockheed21.2 mi~47 min
Boeing/KSC21.7 mi~48 min
KSC21.8 mi~49 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
  • 6/17/26
    Listed
    $859K
    $292/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $875,000
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $840,052
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.32 acres (13,939 sqft)
Full Baths
3
Garage
3 car
HOA Fee
$95/mo
Pool
Yes
Days on Market
New today
MLS Area
218 - Suntree S of Wickham

Community & HOA

HOA

  • Name: Baytree
  • Fee: $95 / annually

Schools

Elementary

Quest

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Jun 20, 2026
Parcel #
26-36-22-Sk-0000o.0-0010.00
$859K

Listing Agent (for property info)

T
The Ellis Group
One Sotheby's International
321-480-9703
Call Listing Agent

Estimated Monthly Payment

$5,627/mo
Principal & interest
$4,523
Property taxes
$859
Insurance & HOA
$245

Based on a 6.90% rate, 30-year loan, and $859K price — down payment shown: $171,700.

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# 1080338

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Equal Housing Opportunity

MLS# 1080338 · Listing Broker: One Sotheby's International · 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.