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For SaleSingle Family Home
$1.0M
255 Utopia Circle, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: Egrets Cove
5
Bedrooms
4
Bathrooms
3,783
Sq Ft
1988
Year Built
$271 /sqft

About This Property

Description from listing agent

Boat dock, pool, 1 acre and a South Tropical Trail address. This Egret's Cove property is giving island dream home in all the right ways. Designed for the buyer who wants space, style and a lifestyle that feels anything but basic, it offers private marina access with a deeded deep water boat slip on the Indian River, a sparkling pool for weekends at home, a shaded lanai for breezy evenings and a tropical backyard with room to breathe. Inside, a large gourmet kitchen anchors generous living spaces, while the huge family room with wet bar and fireplace is made for game day, holiday gatherings or a quiet night in style. Recent updates include a 2021 roof, upstairs hurricane rated windows, flooring, pool surface, paver deck, exterior paint, newer ACs, water heaters, EV charging and more. Close to the Space Center, Melbourne, Viera, beaches, shopping, schools and I-95, this is island living with convenience, comfort and a little bragging rights built in.

Space Coast Context

🚀 Launch Viewing — Good Views

21.9 mi from SLC-40

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

Aerospace Commute Guide
Northrop9 mi~20 min
L3Harris10.8 mi~24 min
Blue Origin16.9 mi~38 min
SpaceX17.3 mi~39 min
Lockheed17.4 mi~39 min
Boeing/KSC18.4 mi~41 min
KSC18.8 mi~42 min

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
  • 7/26/26
    Price change
    $1.0M -8.9%
    $271/sqft
  • 7/3/26
    Listed
    $1.1M
    $297/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
At market value
Median comparable close price: $1,002,000
Typical Offer Discount
96.0% of list price
At that rate, a competitive offer ≈ $983,764
Price Reductions
1 reduction
Originally listed at $1,125,000 · Cut $100,000 total
See & adjust the 1 comparable sale 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
1 acres (43,560 sqft)
Full Baths
3
Half Baths
1
Garage
2 car (attached)
HOA Fee
$168/mo
Pool
Yes
Days on Market
55
MLS Area
253 - S Merritt Island

Community & HOA

HOA

Schools

Elementary

Tropical

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jul 3, 2026
Parcel #
26-37-06-04-0000b.0-0005.00
$1.0M

Listing Agent (for property info)

B
Barbara J Zorn
Better Homes & Gardens RE Star
321-868-5555
Call Listing Agent

Estimated Monthly Payment

$6,744/mo
Principal & interest
$5,401
Property taxes
$1,025
Insurance & HOA
$318

Based on a 6.90% rate, 30-year loan, and $1.0M price — down payment shown: $205,000.

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# 1081622

What's Nearby

parks
Rotary Park Playground
1.7 mi away
vets
Suntree Animal Clinic
1.9 mi away
vets
Suntree Animal Clinic Boarding Kennel
2.0 mi away
restaurants
Dunkin'
2.0 mi away
fire stations
Suntree - Viera Fire / Rescue Station 80
2.1 mi away
fire stations
Suntree - Viera Fire / Rescue Station 80
2.1 mi away
parks
Kerry Park Playground
2.2 mi away
parks
Kerry Park Swings
2.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1081622 · Listing Broker: Better Homes & Gardens RE Star · 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.