4490 Eldorado Way

Melbourne, FL 32934

$355,000
Price
52,707 / 1.21
Lot Size / Acres
an aerial view of residential house with outdoor space
a view of a garden with a lake
a view of a garden
an aerial view of residential houses with outdoor space

Description

This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain -- perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of...This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain -- perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of a modern farmhouse, a quiet retreat, or a multigenerational home, this is your blank canvas in one of Melbourne's most desirable acreage neighborhoods. Bring your builder, your plans, and make this place yours.
  1. Listed by Lauren Merrell PA • Dale Sorensen Real Estate Inc.

Property Details for 4490 Eldorado Way

Directions
From Eau Gallie turn north onto Turtlemound. Turn left onto lake breeze, right on lakeland, right on Lake Point follow around the corner, the street will become Mustang. Right on Pinto, Left on Eldorado
Subdivision/Condo Name
None
Road Frontage Ft
189.0
LISTING UPDATED: 12/11/2025 07:50 AM

Property Details for 4490 Eldorado Way

StatusActive
MLS #1059239
Days on Market114
Taxes$2,619 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.21 AC
CountyBrevard County

Location

Listing Courtesy of Dale Sorensen Real Estate Inc., Lauren Merrell PA
Add your commute

Building Information for 4490 Eldorado Way

Lot Size1.21 AC

Payment Calculator

$1,948 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,730

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4490 Eldorado Way

Summary
Location and General Information
  • City: Melbourne
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.156672
  • Geo Lon: -80.700376
  • Absolute Longitude: 80.700376
  • Schools: Elementary School: Sabal
  • Schools: Middle School: Johnson
  • Schools: High School: Eau Gallie
  • General County Loc: South
  • County Sub/Condo Name: None
Taxes and HOA Information
  • Taxes: $2,618.51
  • Tax Year: 2024
  • Tax Acct: 2701122
  • Tax ID: 27-36-11-00-00278.0-0000.00
Owner
  • Co-Owner: Rebecca Derby
Property
Lot Information
  • Lot SqFt: 52708.0
  • Picture Count: 6
  • Document Count: 1
  • Lot Description: Cleared, Dead End Street
  • Acreage: 1.21
  • Legal/Misc: Land Lease: No
  • Current Adjacent Use: Residential, Single Family
Property and Assessments
  • Docs on File: 1
  • Property Type: C
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
Utilities
  • Utilities: Sewer or Septic: Septic Tank
  • Utilities: Water Type: Public
  • Utilities: Electricity Available, Water Available, Water Connected
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash, Conventional
Agent
Sale and Listing
  • Cumulative DOM: 63
  • Days On Market: 63
  • Possession: Close Of Escrow
Showing and Remarks
  • Appointment Phone: 855-916-5077

Property History for 4490 Eldorado Way

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Listed (Active)

SCMLS #1059239

—
Dec 10, 2025

Price Change

SCMLS #1059239

$355,000—
Dec 2, 2025

In Contract

SCMLS #1059239

—
Nov 13, 2025

Price Change

SCMLS #1059239

$385,000—
Nov 6, 2025

Listed (Active)

SCMLS #1059239

—
Oct 29, 2025

In Contract

SCMLS #1059239

—
Oct 9, 2025

Listed (Active)

SCMLS #1059239

$399,900—
May 16, 2025

Sold (Public Record)

Public Record #1558949565

$270,000—
May 16, 2025

Sold

SCMLS #1043781

$270,000—
Apr 21, 2025

Pending

SCMLS #1043781

—
Apr 21, 2025

Listed (Active)

SCMLS #1043781

$274,900—
DateEvent & SourcePrice
12/11/2025

Listed (Active)

SCMLS #1059239

—
12/10/2025

Price Change

SCMLS #1059239

$355,000
12/02/2025

In Contract

SCMLS #1059239

—
11/13/2025

Price Change

SCMLS #1059239

$385,000
11/06/2025

Listed (Active)

SCMLS #1059239

—
10/29/2025

In Contract

SCMLS #1059239

—
10/09/2025

Listed (Active)

SCMLS #1059239

$399,900
05/16/2025

Sold (Public Record)

Public Record #1558949565

$270,000
05/16/2025

Sold

SCMLS #1043781

$270,000
04/21/2025

Pending

SCMLS #1043781

—
04/21/2025

Listed (Active)

SCMLS #1043781

$274,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4490 Eldorado Way

Taxable ValueLand-Additions-Total-
Tax Record2025$2,723 ($227 / month)
Home Facts
Beds5Total Finished SqFt2,316 SqFtAbove Grade Finished SqFt2,316 SqFtStories1Lot Size52,708 SqFtStyleSingle Family ResidenceYear Built1975Year Renovated2000ZoningREUCountyBREVARDAPN27-36-11-00-00278.0-0000.00

Schools near 4490 Eldorado Way

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Sabal Elementary School
Public - PK to 6
Lyndon B. Johnson Middle School
Public - 7 to 8
Eau Gallie High School
Public - 9 to 12
South Area Alternative Learning Center
Public - 5 to 12
Rating
School
Distance
Sabal Elementary School
PublicPK to 6

Lyndon B. Johnson Middle School
Public7 to 8

Eau Gallie High School
Public9 to 12

South Area Alternative Learning Center
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4490 Eldorado Way, Melbourne, FL 32934

4490 Eldorado Way is a 1.21 ac of land for sale in Melbourne, FL 32934. This property was listed for sale on October 9, 2025 by Dale Sorensen Real Estate Inc., it's currently listed at $355,000. It has been on the market for a total of 114 days and was last sold on May 16, 2025. This listing's school district is Brevard Public Schools. Nearby schools include Sabal Elementary School, Lyndon B. Johnson Middle School and Eau Gallie High School. 4490 Eldorado Way is a 0-bed, 0-bath, 1.21 ac of land on a 52,707 sq. ft. / 1.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dale Sorensen Real Estate Inc., Lauren Merrell PA

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/11/2025 07:50 AM