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For SaleSingle Family Home
$785K
1685 Marcello Drive, Melbourne, FL 32934
Downtown Melbourne neighborhood
Subdivision: Veranda Place
3
Bedrooms
3
Bathrooms
2,313
Sq Ft
2014
Year Built
$339 /sqft

About This Property

Description from listing agent

Welcome to 1685 Marcello Dr. in the gated community of Veranda Place -- a beautifully maintained custom-built, single-owner lakefront home that combines timeless design, thoughtful upgrades, and exceptional indoor-outdoor living. This move-in ready residence has been meticulously cared for and offers peace of mind with major improvements already completed, including a 2023 roof, 2024 A/C system, 2023 hot water heater, 2025 pool pump, and two new LED lights installed in 2026. Inside, the home features an inviting and functional split floor plan with elegant tray ceilings, spacious living areas, and a warm gas fireplace that creates the perfect focal point for gatherings or quiet evenings at home. Large windows and sliding glass doors allow natural light to pour in while showcasing serene lake views from multiple rooms throughout the home. The kitchen is designed for both everyday living and entertaining with a gas cooktop, walk-in pantry, wine cooler, and MORE...

Space Coast Context

🚀 Launch Viewing — Good Views

30.4 mi from SLC-40

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

Aerospace Commute Guide
Northrop3.5 mi~8 min
L3Harris3.8 mi~8 min
Blue Origin25 mi~56 min
SpaceX25.7 mi~57 min
Lockheed25.8 mi~57 min
Boeing/KSC26.8 mi~1h
KSC27 mi~1h

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 5/31/26
    Listed
    $785K
    $339/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 30 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
57.0% above median
Median comparable close: $499,900 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.9% of list price
At that rate, a competitive offer ≈ $752,762
Price Reductions
No reductions
Listed price has not changed since hitting the market

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
0.33 acres (14,375 sqft)
Full Baths
3
Garage
3 car (attached)
Fireplaces
1
HOA Fee
$887/mo
Waterfront
Yes
Pool
Yes
Days on Market
6
MLS Area
321 - Lake Washington/S of Post

Community & HOA

HOA

  • Name: Space Coast Property Management
  • Fee: $887 / annually

Schools

Elementary

Sabal

Middle School

Johnson

Financial & Listing Details

Listed
Jun 11, 2026
Parcel #
27-36-13-Vc-00000.0-0076.00
$785K

Listing Agent (for property info)

G
Gregory Ellingson
Ellingson Properties
321-750-7050
Call Listing Agent

Estimated Monthly Payment

$5,958/mo
Principal & interest
$4,136
Property taxes
$785
Insurance & HOA
$1,037

Based on a 6.90% rate, 30-year loan, and $785K price — down payment shown: $157,000.

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# 1078681

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Equal Housing Opportunity

MLS# 1078681 · Listing Broker: Ellingson Properties · 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.