Lot/land

Price cut: $45K (6/5)

$150,000

1676 Gracewood Dr, Melbourne, FL 32940

--beds

--baths

0.28Acres

Unimproved Land

Built in ----

0.28 Acres Lot

$-- Zestimate^®

$--/sqft

$144/mo HOA

What's special

Heavily wooded preserve

Preserve-view luxury starts here! This .28-acre lot in Aripeka backs to a heavily wooded preserve, offering privacy and the perfect setting for a future treehouse or retreat. Build your dream home with a luxury custom builder known for reputation, quality, and attention to detail. Aripeka is unlike cookie-cutter communities—here, preserved trees, winding nature trails, and unique architecture create a one-of-a-kind neighborhood. This private, gated community is golf cart-friendly and ideally located just minutes from beaches, shopping, I-95, and A-rated schools. With new homes starting from $1.2M, this homesite offers the perfect canvas for your vision of luxury living.

310 days

159

2

Facts & features

Interior

Features

Has fireplace: No

Video & virtual tour

View virtual tour

Property

Features

Has view: Yes
View description: Lake, Trees/Woods
Has water view: Yes
Water view: Lake

Lot

Size: 0.28 Acres
Features: Other

Details

Parcel number: 263622Ye0000b.00007.00
Zoning description: Single Family
Special conditions: Standard

Utilities & green energy

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

Community & HOA

Community

Security: Security Gate
Subdivision: Aripeka

HOA

Has HOA: Yes
Amenities included: Gated, Jogging Path
HOA fee: $750 semi-annually
HOA name: Aripeka
Second HOA fee: $230 annually

Location

Region: Melbourne

Financial & listing details

Tax assessed value: $170,000
Annual tax amount: $2,436
Date on market: 10/2/2025
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/5/2026	Price change	$150,000-23.1%
Source: Space Coast AOR #1058652 Report a problem
10/2/2025	Listed for sale	$195,000
Source: Space Coast AOR #1058652 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,193 +0.7%	$170,000
2024	$3,172 +25%	$170,000
2023	$2,538 +255.6%	$170,000 +246.9%
2022	$714	$49,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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

10/10
Viera Elementary School
Grades: PK-6Distance: 1.1 mi
7/10
Viera Middle School
Grades: 7-8Distance: 3.4 mi
7/10
Viera High School
Grades: PK,9-12Distance: 3.2 mi

Schools provided by the listing agent

Elementary: Viera
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.