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For SaleSingle Family Home
$506K
1005 Connolly Lane NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Reserve at Country Club Lakes Estates
5
Bedrooms
4
Bathrooms
2,856
Sq Ft
2026
Year Built
$177 /sqft

About This Property

Description from listing agent

This gated community is just 9 miles to Brevard beaches and Downtown Melbourne! Ideally situated off of Palm Bay Road and less than 2 miles from I-95, it is a rare gem combining the benefits of new home construction with a central location second to none! Everyday conveniences such as Starbucks, Target, Publix, Tesla charging stations, and fantastic dining options are all within 3 miles. Start 2026 right in your new 2856 sqft Chester plan featuring a 3 car garage, 5 bedrooms, 4 baths and numerous luxuries throughout. The open concept plan is spacious and ideal for entertaining with a covered lanai to enjoy Florida days and nights. There are two ensuites, one located on the main level, creating a perfect private retreat for guests, multi generational living or a home office. On the second level you will find a primary suite with dual walk in closets plus three bedrooms and a BONUS ROOM!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.3 mi from SLC-40

37.3 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris5.2 mi~12 min
Northrop7.2 mi~16 min
Blue Origin31.4 mi~1h 10m
SpaceX32.5 mi~1h 12m
Lockheed32.5 mi~1h 12m
Boeing/KSC34.2 mi~1h 16m
KSC34.7 mi~1h 17m

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
  • 1/9/26
    Listed
    $506K
    $177/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $510,500
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $505,500
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 (single family, condo, townhouse, etc.)
  • 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)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.17 acres (7,405 sqft)
Full Baths
4
Total Rooms
7
Garage
3 car (attached)
HOA Fee
$62/mo
Days on Market
160
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jan 9, 2026
Parcel #
28-37-28-26-00000.0-0031.00
$506K

Listing Agent (for property info)

J
Jason Walzer
SM Florida Brokerage LLC
407-305-2986
Call Listing Agent

Estimated Monthly Payment

$3,381/mo
Principal & interest
$2,663
Property taxes
$506
Insurance & HOA
$212

Based on a 6.90% rate, 30-year loan, and $506K price — down payment shown: $101,100.

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# 1065988

Interested in this property?

Equal Housing Opportunity

MLS# 1065988 · Listing Broker: SM Florida Brokerage 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.