For sale

$4,999,000

265 Stewart Dr, Merritt Island, FL 32952

5beds

5,286sqft

Get pre-qualified

Single Family Residence

Built in 2005

3.59 Acres Lot

$4,437,600 Zestimate^®

$946/sqft

$-- HOA

What's special

Security systemNew quartz countertopsNew interior paintCustom exterior lightingStunning river viewsGourmet kitchenNewer tile roof

Exquisite Waterfront Estate! Experience Luxury And Tranquility On The Indian River In Merritt Island. Spanning 3.59 Acres, This Paradise Offers 300 Feet Of Indian River Frontage And Nearly 300 Feet On Honeymoon Lake. Manicured Grounds Create A Serene Setting. Enjoy A Private Covered Dock With A 16,000 Lb Boat Lift, A Secondary Lift Easily Convertible To Hold Two Jet Skis, And An Additional Dock On Honeymoon Lake. Features Include A Newer Tile Roof, 24kw Generac Generator, Impact Windows, Custom Exterior Lighting, And A Circular Drive With A Fountain. The Estate Is Fully Enclosed And Offers Privacy Hedges. The Meticulously Maintained Interior Boasts A Gourmet Kitchen, Solid Wood Designer Cabinets, New Quartz Countertops, And Top Of The Line Stainless Steel Appliances. The Primary Suite Offers Custom Closets, Stunning River Views, And A Spa-Like Ensuite. Additional Features: New Interior Paint, Two New Hot Water Heaters, AC Air Purifiers, And A Security System. Live Lavishly!

187 days

1,024

55

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Primary bedroom

Level: First
Area: 473.55
Dimensions: 20.50 x 23.10

Bedroom 2

Level: First
Area: 289.86
Dimensions: 13.11 x 22.11

Bedroom 3

Level: First
Area: 159.94
Dimensions: 12.20 x 13.11

Bedroom 4

Level: First
Area: 157.76
Dimensions: 11.11 x 14.20

Bedroom 5

Level: Second
Area: 211.06
Dimensions: 12.20 x 17.30

Bedroom 5

Level: Second
Area: 62.16
Dimensions: 8.40 x 7.40

Primary bathroom

Level: First
Area: 358.44
Dimensions: 20.60 x 17.40

Bathroom

Description: Half Bath
Level: First
Area: 44.37
Dimensions: 5.10 x 8.70

Bathroom 2

Level: First
Area: 77.52
Dimensions: 7.60 x 10.20

Bathroom 3

Level: First
Area: 41.1
Dimensions: 10.00 x 4.11

Bathroom 4

Level: First
Area: 55.08
Dimensions: 5.10 x 10.80

Bonus room

Level: Second
Area: 274.8
Dimensions: 12.00 x 22.90

Dining room

Level: First
Area: 195.36
Dimensions: 11.10 x 17.60

Dining room

Description: Breakfast Nook
Level: First
Area: 130.34
Dimensions: 13.30 x 9.80

Family room

Level: First
Area: 491.84
Dimensions: 23.20 x 21.20

Kitchen

Level: First
Area: 318.76
Dimensions: 21.11 x 15.10

Laundry

Level: First
Area: 102.96
Dimensions: 7.80 x 13.20

Living room

Level: First
Area: 679.4
Dimensions: 31.60 x 21.50

Office

Level: First
Area: 198.09
Dimensions: 13.11 x 15.11

Heating

Central

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Wine Cooler
Laundry: Electric Dryer Hookup, Sink, Washer Hookup

Features

Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Tile, Wood
Number of fireplaces: 1

Interior area

Total structure area: 6,498
Total interior livable area: 5,286 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Attached, Circular Driveway, Garage, Garage Door Opener
Attached garage spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened
Exterior features: Dock, Boat Lift, Impact Windows
Has private pool: Yes
Pool features: In Ground, Screen Enclosure
Fencing: Fenced,Other
Has view: Yes
View description: Lake, Pool, River, Trees/Woods, Water, Intracoastal
Has water view: Yes
Water view: Lake,River,Water,Intracoastal
Waterfront features: Navigable Water, River Front, Intracoastal
Body of water: Indian River

Lot

Size: 3.59 Acres
Features: Sprinklers In Front, Sprinklers In Rear

Details

Additional parcels included: 2532821
Parcel number: 2537310000028.60000.00
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Spanish
Property subtype: Single Family Residence

Materials

Concrete
Roof: Tile

Condition

Updated/Remodeled
New construction: No
Year built: 2005

Utilities & green energy

Sewer: Septic Tank
Water: Public, Well
Utilities for property: Cable Available, Electricity Connected, Water Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System Owned, Smoke Detector(s)
Subdivision: None

HOA

Has HOA: No

Location

Region: Merritt Island

Financial & listing details

Price per square foot: $946/sqft
Tax assessed value: $1,879,040
Annual tax amount: $18,025
Date on market: 1/12/2026
Listing terms: Cash,Conventional,Lease Back,VA Loan
Road surface type: Asphalt

Estimated market value

$4,437,600

$4.17M - $4.70M

$7,688/mo

Price history

Date	Event	Price
1/12/2026	Listed for sale	$4,999,000$946/sqft
Source: Space Coast AOR #1066179 Report a problem
11/12/2025	Listing removed	$4,999,000$946/sqft
Source: BHHS broker feed #283162 Report a problem
3/31/2025	Price change	$4,999,000-9.1%$946/sqft
Source: Space Coast AOR #1030261 Report a problem
11/21/2024	Listed for sale	$5,500,000+423.8%$1,040/sqft
Source: Space Coast AOR #1030261 Report a problem
7/15/2003	Sold	$1,050,000$199/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$18,025 +4.8%	$1,461,680 +2.9%
2024	$17,198 +0.2%	$1,420,490 +3%
2023	$17,156 +6.4%	$1,379,120 +3%
2022	$16,122 +1.8%	$1,338,960 +11.8%
2021	$15,839 -0.5%	$1,198,020 +1.4%
2020	$15,923 -0.5%	$1,181,480 +2.3%
2019	$15,996	$1,154,920 +1.9%
2018	$15,996 -0.8%	$1,133,390 +2.1%
2017	$16,131 -2%	$1,110,080 +2.1%
2016	$16,457 -2.4%	$1,087,250 +0.7%
2015	$16,866 -3.6%	$1,079,700 +0.8%
2014	$17,491	$1,071,140 +1.5%
2013	--	$1,055,310 +0.6%
2012	$17,933 -2.5%	$1,048,660 -2.3%
2011	$18,388 -7.1%	$1,073,370 -14.1%
2010	$19,797 -7.1%	$1,249,250 -12.1%
2009	$21,302 -15.4%	$1,420,640 -16.4%
2008	$25,182 +2.3%	$1,699,000 +3.4%
2007	$24,620 +43.8%	$1,643,000 +69.6%
2005	$17,121 +19.9%	$968,540 +25%
2004	$14,282 +33.2%	$775,040 +40.6%
2003	$10,718 +38.5%	$551,290 +40%
2002	$7,739	$393,790

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 32952

Getting around

1 / 100

Car-Dependent

27 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Tropical Elementary School
Grades: PK-6Distance: 5.3 mi
7/10
Thomas Jefferson Middle School
Grades: 7-8Distance: 4.7 mi
5/10
Merritt Island High School
Grades: PK,9-12Distance: 7.9 mi

Schools provided by the listing agent

Elementary: Tropical
Middle: Jefferson
High: Merritt Island

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