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Sold for $1,650,000
  • $1,650,000

    1696 Gracewood Dr, Melbourne, FL 32940

    4beds
    3,642sqft
    Single Family Residence
    Built in 2024
    0.47 Acres Lot
    $1,644,200 Zestimate®
    $453/sqft
    $4,675 Estimated rent

    Home value

    $1,644,200

    $1.53M - $1.78M

    $4,675/mo

    Zestimate® history
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    What's special

    Electric fireplaceOversized islandMetal roofButler pantryFull summer kitchen outsideOpen-concept interiorCustom-built lighted entertainment center
    HUGE PRICE IMPROVEMENT!! This modern lakefront luxury home offers 3642sf. This 2024 home sits on .47 acres and delivers an elevated design with water views that feel well-planned from the beginning. This home flaunts an open-concept interior, Sonos speaker system, custom closets, impact-rated windows, Flex Room-85'' TCL flat screen w/ custom cabinetry. The living room makes a bold impression with coffered ceilings, custom-built lighted entertainment center, electric fireplace & 98'' TCL TV! (FURNITURE NEGOTIABLE!!) The high-end Chef's kitchen boasts THOR SS appliances, dual ovens, lighted cabinetry, butler pantry, oversized island & more; matched by a full summer Kitchen outside with a Jett-equipped Spa overlooking the water. Additional highlights: Custom closets, Impact-rated windows-doors, metal roof, wood tile floors. Stop by today! Close to Orlando Airport, Amusement Parks, Costco, Shopping, Restaurants & .

    Zillow last checked:

    Listing updated:

    Listed by:

    Coleen M Hughes 321-543-0774,

    Cornell Real Estate

    Bought with:

    Todd Schaneville, 3602456

    Relentless Real Estate Co.

    Source: Space Coast AOR,MLS#: 1067496

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric, Multi Units
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Water Softener Owned
    • Laundry: Electric Dryer Hookup, Lower Level, Sink, Washer Hookup
    Features
    • Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Home, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Tile
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 6,702
    • Total interior livable area: 3,642 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Circular Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Awning(s), Covered, Deck, Front Porch, Patio, Screened
    • Exterior features: Outdoor Kitchen, Impact Windows, Storm Shutters
    • Has spa: Yes
    • Spa features: Above Ground, Heated, Private
    • Has view: Yes
    • View description: Lake, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front
    Lot
    • Size: 0.47 Acres
    • Features: Corner Lot, Few Trees, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: Outdoor Kitchen
    • Additional parcels included: 3027464
    • Parcel number: 263622Ye0000d.00013.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2024

    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: Closed Circuit Camera(s), Security System Owned, Smoke Detector(s)
    • Subdivision: ARIPEKA AT VIERA PHASE 1
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Jogging Path, Management - Off Site
    • HOA fee: $1,895 annually
    • HOA name: Artemis
    • HOA phone: 407-705-2190
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $453/sqft
    • Tax assessed value: $1,222,700
    • Annual tax amount: $16,352
    • Date on market: 1/24/2026
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/30/2026Sold$1,650,000-13.2%$453/sqft
    Source: Space Coast AOR #1067496 Report a problem
    6/19/2026Pending sale$1,899,900$522/sqft
    Source: Space Coast AOR #1067496 Report a problem
    6/7/2026Contingent$1,899,900$522/sqft
    Source: Space Coast AOR #1067496 Report a problem
    5/15/2026Price change$1,899,900-13.2%$522/sqft
    Source: Space Coast AOR #1067496 Report a problem
    3/25/2026Price change$2,190,000-8.7%$601/sqft
    Source: Space Coast AOR #1067496 Report a problem
    1/24/2026Listed for sale$2,399,000+78.2%$659/sqft
    Source: Space Coast AOR #1067496 Report a problem
    10/6/2023Sold$1,346,300$370/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,353 +415.1%$1,222,700 +619.2%
    2024$3,175 +25%$170,000
    2023$2,541 +254.7%$170,000 +246.9%
    2022$716 $49,000
    Find assessor info on the county website

    Neighborhood: 32940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $1,644,200
    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
    $1,644,200