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For SaleSingle Family Home
$3.9M
467 Spoonbill Lane, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Crystal Lakes Subd
4
Bedrooms
5
Bathrooms
5,126
Sq Ft
1994
Year Built
$751 /sqft

About This Property

Description from listing agent

Peninsula Point. Tucked behind a private gated entrance serving just six residences, this exceptional waterfront estate occupies a rare peninsula setting offering direct Indian River frontage on one side and canal access on the other, an increasingly scarce combination on the Space Coast. With 425 feet of total waterfront, the property delivers unobstructed river views, protected docking, and true dual waterfront living with both sunrise and sunset perspectives. The concrete block home was fully reimagined between 2020 and 2022 and is completely turnkey, incorporating impact-rated windows and doors, modern systems, and refined finishes throughout. Thoughtfully oriented to maximize its surroundings, nearly every room captures sweeping water views and broad upriver sightlines, allowing the home to live as beautifully as it photographs.

Space Coast Context

🚀 Launch Viewing — Fair Views

40 mi from SLC-40

40 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris10.3 mi~23 min
Northrop11.6 mi~26 min
Blue Origin33.6 mi~1h 15m
Lockheed35.1 mi~1h 18m
SpaceX35.2 mi~1h 18m
Boeing/KSC37.7 mi~1h 24m
KSC38.5 mi~1h 26m

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
  • 1/2/26
    Listed
    $3.9M
    $751/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
0.82 acres (35,719 sqft)
Full Baths
4
Half Baths
1
Garage
3 car (attached)
Fireplaces
2
Waterfront
Indian River
Pool
Yes
Days on Market
177
MLS Area
385 - South Beaches

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jan 2, 2026
Parcel #
29-38-03-00-00757.0-0000.00
$3.9M

Listing Agent (for property info)

S
Stephanie Moss Dandridge
One Sotheby's International
321-243-1218
Call Listing Agent

Estimated Monthly Payment

$24,285/mo
Principal & interest
$20,285
Property taxes
$3,850
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $3.9M price — down payment shown: $770,000.

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# 1065395

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Equal Housing Opportunity

MLS# 1065395 · 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.