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Sold for $490,000
  • $490,000

    1196 Cypress Trace Dr, Melbourne, FL 32940

    3beds
    1,719sqft
    Single Family Residence
    Built in 1991
    9,583 Square Feet Lot
    $482,300 Zestimate®
    $285/sqft
    $3,170 Estimated rent

    Home value

    $482,300

    $439,000 - $526,000

    $3,170/mo

    Zestimate® history
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    What's special

    Welcome to this elegant 3-bedroom, 2-bath pool home in the highly sought-after Cypress Trace community of Suntree, where luxury living meets serene lakefront views. Nestled at the end of a quiet cul-de-sac, this home offers both privacy and a stunning backdrop of water and nature—an ideal Florida sanctuary. As you step into the foyer, you are greeted by the formal living room, where four sets of sliding glass doors seamlessly connect the indoors to the expansive screened lanai. The sparkling pool and spa become the centerpiece of the home, framed by tranquil lake views that set the stage for relaxation and entertaining. The primary suite is a private retreat, thoughtfully designed with direct views of the pool and lake. Complete with double closets and a spacious en-suite bath featuring dual vanities, a soaking tub, and a walk-in shower, it offers comfort and sophistication. The heart of the home is the open kitchen, featuring stainless steel appliances, abundant cabinet space, and generous counters. A breakfast bar, casual dining nook with a bay window, and a separate formal dining area create versatile spaces for both everyday living and special occasions. From morning coffee to evening dinners, you'll enjoy panoramic views of the lanai, pool, and sparkling lake. Two additional bedrooms provide inviting spaces for family or guests, while the conveniently located laundry room, complete with washer and dryer, adds everyday ease. The property also features a side fence, offering additional privacy and functionality. Recent upgrades include a roof (2022), water heater (2019), and AC (2019), along with accordion hurricane shutters for peace of mind. This rare lakefront lot offers unmatched tranquility while still being close to top-rated schools, premier shopping, dining, and the beautiful beaches of Florida's Space Coast. Experience the ultimate blend of comfort, elegance, and Florida lifestyle in this remarkable Suntree pool home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rachael Renee Hull 321-508-2341,

    Dalton Wade, Inc.

    Bought with:

    Rachael Renee Hull, 3481574

    Dalton Wade, Inc.

    Source: Space Coast AOR,MLS#: 1054985

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s)
    • Flooring: Carpet, Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,889
    • Total interior livable area: 1,719 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened
    • Exterior features: Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure
    • Has spa: Yes
    • Spa features: In Ground
    • Fencing: Other
    • Has view: Yes
    • View description: Lake, Pond
    • Has water view: Yes
    • Water view: Lake,Pond
    Lot
    • Size: 9,583 Square Feet
    • Features: Cleared, Dead End Street, Many Trees
    Details
    • Additional parcels included: 2604502
    • Parcel number: 263623Oh00000.00097.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco, Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1991

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Cypress Trace Suntree PUD Stage 4
    HOA
    • Has HOA: Yes
    • Amenities included: Management - Full Time, Management - Off Site
    • HOA fee: $245 annually
    • HOA name: Suntree Master
    • Second HOA fee: $55 annually
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $441,030
    • Annual tax amount: $2,594
    • Date on market: 9/9/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/17/2025Sold$490,000-7.5%$285/sqft
    Source: Space Coast AOR #1054985 Report a problem
    9/19/2025Pending sale$529,900$308/sqft
    Source: Space Coast AOR #1054985 Report a problem
    9/9/2025Listed for sale$529,900+188%$308/sqft
    Source: Space Coast AOR #1054985 Report a problem
    11/24/1993Sold$184,000$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,785 +5.3%$214,040 +2.9%
    2024$2,645 +1.9%$208,010 +3%
    2023$2,595 +7.6%$201,960 +3%
    2022$2,412 -3.3%$196,080 +3%
    2021$2,494 +1.9%$190,370 +1.4%
    2020$2,447 +2.2%$187,750 +2.3%
    2019$2,395 $183,530 +1.9%
    2018$2,395 -0.2%$180,110 +2.1%
    2017$2,399 -0.9%$176,410 +2.1%
    2016$2,420 -1.6%$172,790 +0.7%
    2015$2,459 -2.9%$171,590 +0.8%
    2014$2,532 $170,230 -5.7%
    2013-- $180,430 +9.4%
    2012$2,225 -4.6%$164,920 -3.5%
    2011$2,334 -1.1%$170,940 -15.1%
    2010$2,361 +9.3%$201,410 -11.3%
    2009$2,160 0%$226,990 -11.3%
    2008$2,161 -4%$256,000 -9.5%
    2007$2,251 -8.5%$283,000 +8.5%
    2005$2,459 -2.6%$260,870 +35.3%
    2004$2,525 -2%$192,760 +9.7%
    2003$2,577 +2.9%$175,760 +9.6%
    2002$2,504 +2.6%$160,320 +3.5%
    2001$2,441 +7.4%$154,840 +6.8%
    2000$2,272 $145,020
    Find assessor info on the county website

    Neighborhood: 32940

    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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    Estimated market value
    $482,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $482,300