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For SaleSingle Family Home
$599K
950 Somerset Lane, Melbourne, FL 32940
Suntree neighborhood
Subdivision: Fieldstone Suntree PUD St 4 Tr 41 Unit 1
3
Bedrooms
2
Bathrooms
2,073
Sq Ft
1991
Year Built
$289 /sqft

About This Property

Description from listing agent

Welcome to waterfront living at its finest. This fully renovated 3-bedroom, 2-bath pool home offers the perfect blend of luxury, efficiency, and Florida lifestyle. Designed for both everyday living and unforgettable entertaining, the expansive screened lanai overlooks tranquil water views and your private pool, creating the ideal setting for gatherings with family and friends. The stunning chef's kitchen is truly the heart of the home, featuring abundant prep space, a convenient mixer valet, newer stainless steel appliances, a gas range, and generous cabinetry that will delight any home cook. Every detail has been thoughtfully updated, allowing you to move right in and enjoy modern finishes throughout. The solar-powered system keeps electric bills remarkably low, providing exceptional energy efficiency. Located in one of Suntree's most desirable communities, you'll enjoy convenient access to top-rated schools, shopping, dining, golf, parks, and everything the Space Coast has to offer

Space Coast Context

🚀 Launch Viewing — Good Views

25.5 mi from SLC-40

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

Aerospace Commute Guide
Northrop6.8 mi~15 min
L3Harris8.3 mi~18 min
Blue Origin20.5 mi~46 min
SpaceX20.8 mi~46 min
Lockheed21 mi~47 min
Boeing/KSC21.7 mi~48 min
KSC21.9 mi~49 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
  • 7/1/26
    Listed
    $599K
    $289/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
12.0% above median
Median comparable close: $535,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.7% of list price
At that rate, a competitive offer ≈ $602,971
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.21 acres (9,148 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$250/mo
Waterfront
Yes
Pool
Yes
Days on Market
10
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Fieldstone
  • Fee: $250 / annually

Schools

Elementary

Suntree

Middle School

DeLaura

High School

Viera

Financial & Listing Details

Listed
Jul 1, 2026
Parcel #
26-36-23-02-00002.0-0031.00
$599K

Listing Agent (for property info)

L
Lisa Springer
Keller Williams Realty Brevard
321-432-7385
Call Listing Agent

Estimated Monthly Payment

$4,155/mo
Principal & interest
$3,156
Property taxes
$599
Insurance & HOA
$400

Based on a 6.90% rate, 30-year loan, and $599K price — down payment shown: $119,800.

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# 1081366

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Equal Housing Opportunity

MLS# 1081366 · Listing Broker: Keller Williams Realty Brevard · 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.