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For SaleSingle Family Home
$560K
1448 Cygnus Place, Merritt Island, FL 32953
Merritt Island neighborhood
Subdivision: Island Forest Preserve
4
Bedrooms
3
Bathrooms
3,269
Sq Ft
2026
Year Built
$171 /sqft

About This Property

Description from listing agent

Under Construction. Island Forest Preserve - Where Elegance Meets Everyday Comfort This beautifully designed two-story home offers the perfect blend of style, space, and functionality in one of the area's most scenic communities. From the moment you step into the elegant foyer, you're welcomed by a spacious great room with sliding glass doors that lead to a screened-in patio--ideal for seamless indoor-outdoor living. A generous dining/game room and a den with double glass French doors--perfect for a home office--offer flexibility to suit your lifestyle. A convenient half bath adds to the home's smart layout, making entertaining and daily living effortless. The open-concept kitchen is a dream for any home chef, featuring quartz countertops, upgraded cabinets, and stainless steel appliances. A charming breakfast nook with extra windows brings in natural light, while ceramic tile flooring throughout the entire first floor adds timeless style and durability.

Space Coast Context

🚀 Launch Viewing — Great Views

8.7 mi from SLC-40

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

Aerospace Commute Guide
KSC3.5 mi~8 min
Boeing/KSC3.6 mi~8 min
SpaceX6.4 mi~14 min
Lockheed7 mi~16 min
Blue Origin8.8 mi~20 min
Northrop24.2 mi~54 min
L3Harris26.1 mi~58 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
  • 7/7/25
    Listed
    $560K
    $171/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
3.1% below market
Median comparable close price: $577,900
Typical Offer Discount
100.2% of list price
At that rate, a competitive offer ≈ $560,784
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.25 acres (10,890 sqft)
Full Baths
2
Half Baths
1
Total Rooms
11
Garage
3 car (attached)
HOA Fee
$955/mo
Days on Market
348
MLS Area
250 - N Merritt Island

Community & HOA

HOA

  • Name: Care of Maronda Homes
  • Fee: $955 / annually

Schools

Elementary

Carroll

Middle School

Jefferson

High School

Merritt Island

Financial & Listing Details

Listed
Jul 8, 2025
Parcel #
23-36-24-75-0000e.0-0002.00
$560K

Listing Agent (for property info)

B
Brian Acri
New Home Star Florida LLC
321-234-3715
Call Listing Agent

Estimated Monthly Payment

$4,615/mo
Principal & interest
$2,950
Property taxes
$560
Insurance & HOA
$1,105

Based on a 6.90% rate, 30-year loan, and $560K price — down payment shown: $111,980.

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# 1051137

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Equal Housing Opportunity

MLS# 1051137 · Listing Broker: New Home Star Florida 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.