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Under contract
  • Price cut: $25K (6/5)
    $489,900

    1072 Spanish Wells Dr, Melbourne, FL 32940

    3beds
    2,048sqft
    : 
    $3,139/mo
    Get pre-qualified
    Single Family Residence
    Built in 1988
    0.3 Acres Lot
    $-- Zestimate®
    $239/sqft
    $21/mo HOA

    What's special

    Natural gas fireplaceGas stoveGranite countertopsOpen floor planBright and inviting layoutPeaceful lake setting year-roundSpacious primary suite
    Proudly owned and meticulously cared for by the same owner for 35 years, this former model home sits on a spacious .3-acre lot with serene water views. The open floor plan offers a bright and inviting layout perfect for both everyday living and entertaining. The built-in natural gas generator provides peace or mind for any outages. Updated kitchen features granite countertops, a gas stove, and ample wood cabinetry, making it a standout space for any home chef. Spacious primary suite with updated custom double sink vanity with granite countertops, and wheelchair accessible shower with dual shower heads. A professionally enclosed Florida room with natural gas fireplace adds valuable living space and allows you to enjoy the peaceful lake setting year-round. This home offers 3 bedrooms, 2 baths, and a 2-car garage. Located in a top-rated school zone and just minutes from shopping, dining, and major roadways, this golf cart friendly neighborhood combines comfort, convenience, and lifestyle.
    97 days
    |
    206
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory Ellingson 321-750-7050,

    Ellingson Properties,

    Richard Melo 321-508-3844,

    Ellingson Properties

    Source: Space Coast AOR,MLS#: 1075182

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
      • Laundry: In Unit, Washer Hookup
      Features
      • Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 2,048 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Has view: Yes
      • View description: Lake, Pond
      • Has water view: Yes
      • Water view: Lake,Pond
      • Waterfront features: Lake Front, Pond
      Lot
      • Size: 0.3 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2604769
      • Parcel number: 2636232500001.00046.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

      Community & HOA

      Community
      • Subdivision: Spanish Wells at Suntree
      HOA
      • Has HOA: Yes
      • HOA fee: $257 annually
      • HOA name: Suntree Master Association
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $427,300
      • Annual tax amount: $2,604
      • Date on market: 4/20/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Contingent$489,900$239/sqft
        Source: Space Coast AOR #1075182 Report a problem
        6/5/2026Price change$489,900-4.9%$239/sqft
        Source: Space Coast AOR #1075182 Report a problem
        4/20/2026Listed for sale$514,900$251/sqft
        Source: Space Coast AOR #1075182 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,605 +9%$191,290 +2.9%
        2024$2,390 -0.4%$185,900 +3%
        2023$2,400 +7.5%$180,490 +3%
        2022$2,233 -2.8%$175,240 +3%
        2021$2,297 +2.9%$170,140 +1.4%
        2020$2,233 +2.6%$167,800 +2.3%
        2019$2,177 $164,030 +1.9%
        2018$2,177 0%$160,980 +2.1%
        2017$2,178 -0.6%$157,670 +2.1%
        2016$2,190 -1.4%$154,430 +0.7%
        2015$2,221 -3.3%$153,360 +0.8%
        2014$2,296 $152,150 -6.6%
        2013-- $162,880 +9%
        2012$1,917 +4%$149,490 +4.5%
        2011$1,843 -5.5%$143,120 -9.8%
        2010$1,950 +7.4%$158,620 -18.1%
        2009$1,817 0%$193,600 -12.8%
        2008$1,817 -5.4%$222,000 -5.5%
        2007$1,921 -8.3%$235,000 +7.4%
        2005$2,095 -2.5%$218,730 +38.3%
        2004$2,149 -2%$158,210 +9.9%
        2003$2,192 +3%$143,970 +10.9%
        2002$2,128 +2.7%$129,850 -0.8%
        2001$2,073 +7.5%$130,960 +7.4%
        2000$1,927 $121,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32940

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Suntree
        • Middle: DeLaura
        • High: Viera

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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