About This Property
Description from listing agentWelcome to 3151 Watergrass Street in West Melbourne! This stunning 5-bedroom, 4-bath home offers an open, inviting floor plan with high ceilings, modern finishes, and abundant natural light. The kitchen features granite countertops, stainless-steel appliances (refrigerator does not convey), and an extended dining counter ideal for casual meals or entertaining. Enjoy the dedicated media/game room, perfect for family fun or movie nights, and a three-car garage providing ample storage. Relax on the screened lanai overlooking a tranquil pond, offering a peaceful setting for morning coffee or evening sunsets. Complete with storm shutters and located near shopping, and major roadways. This home perfectly blends space, comfort, and serenity.
Space Coast Context
🚀 Launch Viewing — Fair Views
36 mi from SLC-40
36 miles from SLC-40 — visible as a bright streak in good conditions.
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
- 10/15/25Listed$640K$188/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)
See & adjust the 2 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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: ESTATES AT SAWGRASS LAKES
- Fee: $140 / quarterly
Schools
Elementary
Meadowlane
Middle School
Central
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,372
- Property taxes
- $640
- Insurance & HOA
- $290
Based on a 6.90% rate, 30-year loan, and $640K price — down payment shown: $128,000.
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.
