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For SaleSingle Family Home
$305K
1585 Anchor Lane, Merritt Island, FL 32952
Merritt Island neighborhood
Subdivision: New Found Harbor
3
Bedrooms
2
Bathrooms
1,224
Sq Ft
1960
Year Built
$249 /sqft

About This Property

Description from listing agent

Move-in ready and minutes from the beach, river, and Port Canaveral! This updated Merritt Island home offers 3 spacious bedrooms, 2 baths, an open split floor plan, tile throughout for easy maintenance, and a fenced backyard with room to play—plus space to park your boat or RV! The remodeled kitchen shines with 42'' wood cabinets, granite counters throughout, an kitchen island, and stainless appliances. Major updates include full renovation (2016), roof (2017), flat roof portion (8/24), AC capacitor replaced (8/25), heating strip replaced (1/25), and tankless water heater (8/25) for energy savings. Sliding glass door to be replaced 10/25. Interior laundry room w/washer & dryer included and hurricane panels for additional peace of mind! Don't hesitate to view this amazing Merritt Island home at an incredible price before it's too late! Schedule your private showing today!

Space Coast Context

🚀 Launch Viewing — Great Views

14.8 mi from SLC-40

14.8 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
SpaceX10.4 mi~23 min
Boeing/KSC10.8 mi~24 min
Lockheed10.8 mi~24 min
Blue Origin10.9 mi~24 min
KSC11.2 mi~25 min
Northrop16.5 mi~37 min
L3Harris18.4 mi~41 min

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
  • 10/10/25
    Listed
    $305K
    $249/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 8 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $299,000
Typical Offer Discount
96.1% of list price
At that rate, a competitive offer ≈ $293,102
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 8 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
0.22 acres (9,583 sqft)
Full Baths
2
Days on Market
261
MLS Area
252 - N Banana River Dr.

Schools

Elementary

Audubon

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Oct 11, 2025
Parcel #
24-37-30-81-0000d.0-0004.00
$305K

Listing Agent (for property info)

L
Laura Forman
RE/MAX Aerospace Realty
321-917-2162
Call Listing Agent

Estimated Monthly Payment

$2,062/mo
Principal & interest
$1,607
Property taxes
$305
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $305K price — down payment shown: $61,000.

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# 1059379

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Equal Housing Opportunity

MLS# 1059379 · Listing Broker: RE/MAX Aerospace Realty · 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.