4490 Eldorado Way

Melbourne, FL 32934

$345,000
Price
52,707 / 1.21
Lot Size / Acres
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Pending
Pending
an aerial view of residential house with outdoor space
a view of a garden with a lake
a view of a garden
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Description

Rare opportunity on 1.21 acres in Melbourne's Lake Washington area. The original home has been removed, leaving a solid concrete block foundation and shell--ideal for rebuilding without starting completely from scratch. The property has been cleaned up while preserving mature trees that provide privacy and a natural setting. There is ample space for a custom single-family home, pool, workshop, and boat or RV parking. Whether your vision is modern, farmhouse, or multigenerational living, this property...Rare opportunity on 1.21 acres in Melbourne's Lake Washington area. The original home has been removed, leaving a solid concrete block foundation and shell--ideal for rebuilding without starting completely from scratch. The property has been cleaned up while preserving mature trees that provide privacy and a natural setting. There is ample space for a custom single-family home, pool, workshop, and boat or RV parking. Whether your vision is modern, farmhouse, or multigenerational living, this property offers flexibility and acreage that's increasingly hard to find in this area. Bring your builder and your plans and make it your own.
  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: 03/25/2026 07:21 AM

Property Details for 4490 Eldorado Way

StatusPending
MLS #1059239
Days on Market153
Taxes$2,619 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.21 AC
CountyBrevard County
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Location

Listing Courtesy of Dale Sorensen Real Estate Inc., Lauren Merrell PA
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Building Information for 4490 Eldorado Way

Lot Size1.21 AC

Payment Calculator

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$1,956 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,737

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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: 153
  • Days On Market: 153
  • Possession: Close Of Escrow
Showing and Remarks
  • Appointment Phone: 855-916-5077

Property History for 4490 Eldorado Way

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Pending

SCMLS #1059239

—
Mar 12, 2026

In Contract

SCMLS #1059239

—
Mar 11, 2026

Pending

SCMLS #1059239

—
DateEvent & SourcePrice
03/25/2026

Pending

SCMLS #1059239

—
03/12/2026

In Contract

SCMLS #1059239

—
03/11/2026

Pending

SCMLS #1059239

—

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 - 1 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
Public1 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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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: 03/25/2026 07:21 AM