1 / 41
For SaleSingle Family Home
$290K
1527 Frontier Drive, Melbourne, FL 32940
Heritage Isle neighborhood
Subdivision: Indian River Colony Club PUD Phase 2 Unit 4
3
Bedrooms
2
Bathrooms
2,431
Sq Ft
1990
Year Built
$119 /sqft

About This Property

Description from listing agent

Located in a sought-after resort-style country club community, this home offers exceptional amenities and the best of Florida living. The popular Raleigh model has been extensively expanded, creating a spacious and versatile layout. Major updates include a 2024 roof, double-pane windows, and full accordion shutters for added peace of mind. Inside, you'll find easy-to-maintain tile and laminate flooring throughout--no carpet. A rare and desirable feature, this home offers a double primary suite, ideal for flexible living arrangements. The split floor plan provides excellent privacy, with three additional rooms on the opposite side of the home--perfect for a home office, gym, hobby space, or guest accommodations.

Space Coast Context

🚀 Launch Viewing — Good Views

23.3 mi from SLC-40

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

Aerospace Commute Guide
Northrop9.5 mi~21 min
L3Harris11 mi~25 min
SpaceX18.8 mi~42 min
Blue Origin18.8 mi~42 min
Lockheed19.1 mi~43 min
Boeing/KSC19.3 mi~43 min
KSC19.4 mi~43 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
  • 6/17/26
    Listed
    $290K
    $119/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)

Price vs. Comparable Sales
19.4% below market
Median comparable close price: $360,000
Typical Offer Discount
97.1% of list price
At that rate, a competitive offer ≈ $281,643
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
0.2 acres (8,712 sqft)
Full Baths
2
Garage
2 car (attached)
Senior Community
Yes
Days on Market
2
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Indian River Colony Club
  • Fee: $0 / one time

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Jun 18, 2026
Parcel #
26-36-03-78-0000d.0-0056.00
$290K

Listing Agent (for property info)

S
Shellie Raymond
Four Star Real Estate LLC
321-325-9974
Call Listing Agent

Estimated Monthly Payment

$1,968/mo
Principal & interest
$1,528
Property taxes
$290
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $290K price — down payment shown: $58,000.

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# 1080401

Interested in this property?

Equal Housing Opportunity

MLS# 1080401 · Listing Broker: Four Star Real Estate 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.