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For SaleSingle Family Home
$390K
703 Samuel Chase Lane, Melbourne, FL 32904
University Park neighborhood
Subdivision: Clements Wood Phase IV C
4
Bedrooms
3
Bathrooms
2,197
Sq Ft
2004
Year Built
$177 /sqft

About This Property

Description from listing agent

This spacious 4 bed 2.5 bath home boasts nearly 2,200 Sq.Ft. in the highly sought after Clements Wood neighborhood. So much space to entertain and it is perfectly positioned on a Cul de sac and with breathtaking water views to the rear of the home. The backyard always has that perfect breeze coming right off the lake. One great feature is that it also has natural gas! So close to shopping, restaurants, golf courses and of course the beach. You are also just a short walk to Clements Wood park. With a new roof in 2023 this house is ready for you to make your own and priced to sell! It's the perfect home to make your own with plenty of space to grow into! Schedule your showing now before it's too late!

Space Coast Context

🚀 Launch Viewing — Good Views

34.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.7 mi~6 min
Northrop4.7 mi~10 min
Blue Origin29.1 mi~1h 5m
SpaceX30.1 mi~1h 7m
Lockheed30.1 mi~1h 7m
Boeing/KSC31.7 mi~1h 11m
KSC32.1 mi~1h 12m

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

Based on 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
10.6% below market
Median comparable close price: $436,000
Typical Offer Discount
98.2% of list price
At that rate, a competitive offer ≈ $382,780
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
0.18 acres (7,841 sqft)
Full Baths
2
Half Baths
1
Total Rooms
8
Garage
2 car
HOA Fee
$300/mo
Days on Market
166
MLS Area
331 - West Melbourne

Community & HOA

HOA

  • Name: Clements Wood
  • Fee: $300 / annually

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Feb 6, 2026
Parcel #
28-37-08-55-00000.0-0263.00
$390K

Listing Agent (for property info)

C
Christopher Schiffermiller
United Real Estate Preferred
407-409-5702
Call Listing Agent

Estimated Monthly Payment

$2,894/mo
Principal & interest
$2,054
Property taxes
$390
Insurance & HOA
$450

Based on a 6.90% rate, 30-year loan, and $390K price — down payment shown: $77,980.

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# 1068685

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Equal Housing Opportunity

MLS# 1068685 · Listing Broker: United Real Estate Preferred · 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.