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For SaleSingle Family Home
$450K
4961 Rosewood Lane, Melbourne, FL 32940
Baytree neighborhood
Subdivision: Live Oak Phase 1
4
Bedrooms
2
Bathrooms
1,952
Sq Ft
1994
Year Built
$230 /sqft

About This Property

Description from listing agent

Florida dream ''park like'' backyard! One of the largest lots in Live Oak at .34 acres, this massive back yard is perfect for pets and entertaining, tall mature trees with plenty of shade, privacy fenced, gates for boat parking, and extra large screened back porch with travertine tiles! Many great updates inside, wood style ceramic tile throughout, updated showers and kitchen with granite counters, large island & stainless appliances (natural gas stove too). Dimensional shingle roof and A/C are 2024, crown molding throughout, split bedroom floorplan, separate living, family and dining rooms and much more. Super convenient location in Live Oak with quick and easy access to Wickham Rd, near Home Depot & the Pineda area! Super rare opportunity to find such an amazing backyard! This home is an absolute must see, come by today!

Space Coast Context

🚀 Launch Viewing — Good Views

26.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.1 mi~11 min
L3Harris6.7 mi~15 min
Blue Origin21 mi~47 min
SpaceX21.6 mi~48 min
Lockheed21.7 mi~48 min
Boeing/KSC22.7 mi~51 min
KSC23.1 mi~51 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
  • 7/24/26
    Listed
    $450K
    $230/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 12 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $448,000
Typical Offer Discount
98.8% of list price
At that rate, a competitive offer ≈ $444,643
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 12 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
0.34 acres (14,810 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$189/mo
Days on Market
71
MLS Area
322 - NE Melbourne/Palm Shores

Community & HOA

HOA

  • Name: Live Oak HOA - Fairway Mgt
  • Fee: $189 / annually

Schools

Elementary

Sherwood

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Aug 5, 2026
Parcel #
26-37-30-52-0000a.0-0006.00
$450K

Listing Agent (for property info)

J
Jesse P Tortorice
Spectrum, Inc.
321-223-9033
Call Listing Agent

Estimated Monthly Payment

$3,159/mo
Principal & interest
$2,370
Property taxes
$450
Insurance & HOA
$339

Based on a 6.90% rate, 30-year loan, and $450K price — down payment shown: $89,980.

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# 1083363

What's Nearby

restaurants
Chipotle
0.1 mi away
restaurants
Foxtail Coffee Company
0.1 mi away
coffee shops
Foxtail Coffee Company
0.1 mi away
restaurants
Bojangles'
0.1 mi away
grocery
Sprouts Farmers Market
0.2 mi away
home improvement
The Home Depot
0.3 mi away
restaurants
Einstein Bros. Bagels
0.3 mi away
restaurants
Dutch Bros. Coffee
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083363 · Listing Broker: Spectrum, Inc. · 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.