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For SaleSingle Family Home
$325K
2157 Colony Drive, Melbourne, FL 32935
Lake Washington neighborhood
Subdivision: Colony West Subd Sec 1
3
Bedrooms
2
Bathrooms
1,272
Sq Ft
1967
Year Built
$256 /sqft

About This Property

Description from listing agent

Quiet and established Melbourne neighborhood. Well maintained 3 bedroom and 2 bath pool home. Active solar system. Newer roof, Updated kitchen, split bedroom design, open floor plan with wood burning fireplace in the living room, in home laundry area and large one car garage. The home has a fenced back yard with 2 utility buildings. The in ground pool is screened and it is perfect for entertaining and relaxation. Upgraded storm shutters. Water treatment system. Plenty of space for RV/boat storage. The property is close to the inter-coastal and minutes from shopping, entertainment, churches and schools. This is a must see!

Space Coast Context

🚀 Launch Viewing — Good Views

30.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.8 mi~4 min
L3Harris2.4 mi~5 min
Blue Origin24.8 mi~55 min
SpaceX25.7 mi~57 min
Lockheed25.7 mi~57 min
Boeing/KSC27.1 mi~1h
KSC27.5 mi~1h 1m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 9/29/26
    Price change
    $325K -3.0%
    $256/sqft
  • 9/16/26
    Listed
    $335K
    $263/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
16.9% above median
Median comparable close: $278,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.8% of list price
At that rate, a competitive offer ≈ $311,448
Price Reductions
1 reduction
Originally listed at $335,000 · Cut $10,000 total
See & adjust the 4 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
0.18 acres (7,841 sqft)
Full Baths
2
Garage
1 car (attached)
Fireplaces
1
Pool
Yes
Days on Market
13
MLS Area
323 - Eau Gallie

Schools

Elementary

Croton

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Sep 28, 2026
Parcel #
27-37-19-08-0000a.0-0007.00
$325K

Listing Agent (for property info)

A
Alfred T Jenkins
Jenkins Realty
321-208-6775
Call Listing Agent

Estimated Monthly Payment

$2,187/mo
Principal & interest
$1,712
Property taxes
$325
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

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# 1087704

What's Nearby

vets
Animal Emergency and Critical Care Center of Brevard
0.1 mi away
government
Social Security Center
0.2 mi away
schools
Croton Elementary School
0.3 mi away
restaurants
Southern Sisters
0.4 mi away
coffee shops
Southern Sisters
0.4 mi away
shopping
Farm Stores Express
0.4 mi away
restaurants
Indian River Coffee
0.4 mi away
coffee shops
Indian River Coffee
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087704 · Listing Broker: Jenkins 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.