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For SaleSingle Family Home
$1.6M
1502 Lavender Drive, Melbourne, FL 32940
Duran Golf Community neighborhood
Subdivision: Aripeka
5
Bedrooms
4
Bathrooms
3,254
Sq Ft
2027
Year Built
$496 /sqft

About This Property

Description from listing agent

To be built in the prestigious, gated community of Aripeka at Viera, this contemporary luxury residence offers 3,254 sq. ft. of thoughtfully designed living space on a private homesite backing to tranquil lake and preserve views. One of the last remaining lots with this spectacular, private outlook, the property captures breathtaking sunset views over the water. The elegant floor plan features 4 bedrooms and 3 bathrooms, with the primary suite and a dedicated office conveniently located on the main level, while upstairs bedrooms provide privacy and flexibility for guests or family. The expansive backyard offers ample room for a resort-style pool and outdoor living. Buyers may build this refined plan or custom build their dream home with a luxury builder. Property is also listed as vacant land (MLS #1067162). Aripeka is known for its preserved trees, nature trails, and distinctive architecture, just minutes from shopping, dining, I-95, beaches, and A-rated schools.

Space Coast Context

🚀 Launch Viewing — Good Views

25.7 mi from SLC-40

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

Aerospace Commute Guide
Northrop8 mi~18 min
L3Harris9.2 mi~21 min
Blue Origin21.1 mi~47 min
SpaceX21.2 mi~47 min
Lockheed21.4 mi~48 min
KSC21.7 mi~48 min
Boeing/KSC21.7 mi~48 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.

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
0.31 acres (13,504 sqft)
Full Baths
3
Half Baths
1
Garage
3 car (attached)
HOA Fee
$750/mo
Days on Market
176
MLS Area
217 - Viera West of I 95

Community & HOA

HOA

Schools

Elementary

Viera

Middle School

Viera Middle School

High School

Viera

Financial & Listing Details

Listed
Jan 21, 2026
Parcel #
26-36-22-25-0000l.0-0004.00
$1.6M

Listing Agent (for property info)

K
Kelly Ann Riese
Avanti Way Realty LLC
321-986-7371
Call Listing Agent

Estimated Monthly Payment

$11,028/mo
Principal & interest
$8,512
Property taxes
$1,616
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $1.6M price — down payment shown: $323,120.

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# 1067162

Interested in this property?

Equal Housing Opportunity

MLS# 1067162 · Listing Broker: Avanti Way Realty LLC · 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.