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Off market
  • $475,800

    1040 Olde Bailey Ln, West Melbourne, FL 32904

    5beds
    2,766sqft
    SingleFamily
    Built in 2001
    6,098 Square Feet Lot
    $475,800 Zestimate®
    $172/sqft
    $3,211 Estimated rent

    Home value

    $475,800

    $452,000 - $504,000

    $3,211/mo

    Zestimate® history
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    $3,156/mo

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    What's special

    Fenced yardLakefront lotCenter islandSerene lake viewsGenerously sized bedroomsEn-suite bathroomDeep farmhouse sink

    Your Private Oasis in the Heart of West Melbourne with solar panels. Discover this one-of-a-kind 5-bedroom, 3-bath home located just off Hollywood Boulevard in West Melbourne, Florida—a highly sought-after community known for its charm, safety, and exceptional quality of life. Set on a peaceful lakefront lot, this thoughtfully designed home is perfect for families, professionals, and anyone seeking a balance of space, comfort, and convenience. The downstairs layout features a spacious, private office, perfect for working from home, homeschooling, or creating a peaceful reading nook. On this level, you’ll also find a full bedroom and bathroom, ideal for multi-generational living, guests, or creating an in-law suite with added privacy. With 2,766 square feet of beautifully designed living space under air, the open floor plan flows effortlessly from room to room, offering both functionality and style. From the moment you step through the front door, you’ll be greeted by tile flooring throughout, neutral tones, and natural light that fills every corner of the home. The heart of the home is the gourmet kitchen, complete with granite countertops, soft-close cabinetry, stainless steel appliances, a center island, and a deep farmhouse sink. Whether you're preparing dinner for the family or hosting a holiday gathering, this kitchen is built to impress. Upstairs, you'll find four generously sized bedrooms, including a spacious master suite with a walk-in closet and en-suite bathroom featuring dual sinks, a soaking tub, and a separate walk-in shower. Each room has been thoughtfully crafted for comfort, making it easy to unwind after a long day. This home was built with peace of mind and efficiency in mind, featuring impact-rated windows and sliding glass doors, a newer standing-seam metal roof, and fully owned solar panels that can virtually eliminate your energy costs. Step outside to your private backyard retreat, where a sparkling pool invites you to relax and recharge. The fenced yard offers both privacy and security, perfect for pets and children. Beyond the fence, enjoy serene lake views where ducks, pelicans, and other wildlife regularly visit—bringing a sense of nature and tranquility to your everyday life. Additional features include: 2-car garage with ample storage Indoor laundry room with upper cabinets Lush landscaping and mature trees Location, Location, Location! Situated in the heart of West Melbourne, this home is just minutes from A-rated schools like West Melbourne Elementary School for Science, Meadowlane Primary, Intermediate elementary, Central Middle school, Melbourne High school, and nationally ranked West Shore Jr/Sr High. You’re also just a short drive from: Melbourne Square Mall Publix, Walmart, Target & other major retailers A variety of local and national restaurants Gyms, parks, and recreational centers I-95 and U.S. 192 for quick access across Brevard County And best of all, just 15–20 minutes from the Atlantic coast’s stunning beaches As part of a welcoming community, you'll also have access to a community pool—a perfect spot to meet neighbors and cool off without the upkeep. Plus, there’s a rentable community hall, ideal for hosting birthday parties, family gatherings, or special events close to home. Whether you’re enjoying a peaceful evening by the pool, hosting guests in your expansive living space, or taking a short drive to the beach, shopping, or dining—this home truly offers it all. Don’t miss this rare opportunity to own a home that’s as beautiful inside as it is outside, located in one of Brevard County’s most desirable neighborhoods. Please Note: We are not interested in listing with an agent at this time. Kindly refrain from reaching out with listing inquiries. Thank you for your understanding!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 2,766 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached, On-street
    Features
    • Exterior features: Stucco, Wood, Cement / Concrete, Metal
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 28371801140

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Metal
    Condition
    • Year built: 2001

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $27 monthly
    Location
    • Region: West Melbourne

    Financial & listing details

    • Price per square foot: $172/sqft
    • Tax assessed value: $384,360
    • Annual tax amount: $3,171

    Price history

    DateEventPrice
    10/27/2025Listing removed--
    Source: Owner Report a problem
    7/29/2025Price change$640,000-5.9%$231/sqft
    Source: Owner Report a problem
    6/21/2025Listed for sale$680,000+369%$246/sqft
    Source: Owner Report a problem
    10/9/2012Sold$145,000-14.7%$52/sqft
    Source: Space Coast AOR #631556 Report a problem
    9/15/2012Pending sale$169,900$61/sqft
    Source: EXIT 1st Class Realty #631556 Report a problem
    1/11/2012Listed for sale$169,900-15.9%$61/sqft
    Source: EXIT 1st Class Realty #631556 Report a problem
    5/6/2003Sold$202,000+35.8%$73/sqft
    Source: Public Record Report a problem
    12/31/2001Sold$148,800+474.5%$54/sqft
    Source: Public Record Report a problem
    2/21/2001Sold$25,900$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,171 +9.4%$224,300 +2.9%
    2024$2,898 +1.7%$217,980 +3%
    2023$2,851 +7.1%$211,640 +3%
    2022$2,663 -4.2%$205,480 +3%
    2021$2,779 +2.9%$199,500 +1.4%
    2020$2,701 -0.1%$196,750 +2.3%
    2019$2,705 $192,330 +1.9%
    2018$2,705 -0.1%$188,750 +2.1%
    2017$2,706 +1%$184,870 +2.1%
    2016$2,681 -1.3%$181,070 +8.1%
    2015$2,716 +5.3%$167,490 +0.8%
    2014$2,578 $166,170 +7.2%
    2013-- $155,060 +20.1%
    2012$1,748 -1.1%$129,120 -1%
    2011$1,767 -7.1%$130,450 -13.3%
    2010$1,902 -12.6%$150,380 -12.6%
    2009$2,177 -12.5%$171,970 -18.9%
    2008$2,489 +6.4%$212,000 -11.3%
    2007$2,339 -9%$239,000 -2.7%
    2005$2,571 +9.4%$245,680 +41%
    2004$2,350 -8.4%$174,180 +16.6%
    2003$2,565 +11.4%$149,440 +11%
    2002$2,303 +2490%$134,610 +2592.2%
    2001$89 $5,000
    Find assessor info on the county website

    Neighborhood: 32904

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $475,800
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    Estimated market value
    $475,800