See Home Value
$439,000
● House - Off Market

1072 Spanish Wells Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,048 Ft²
$2,644
Est. Monthly
$21
HOA / Fees

About This Property

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.
Unit Size
2,048 Ft²
Days on Market
9 days
Land Size
0.30 acres
Price per sqft
$239
Property Type
House
Property Taxes
$217
HOA Dues
$21
Year Built
1988

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Last updated: 23 days ago (Space Coast MLS #1075182)

Price History

Date / Event Date Event Price
Sep 30, 2026 Sold
Sold
Jun 29, 2026 In contract -
In contract
Jun 5, 2026 Price Decreased $489,900
↓ $25K (4.9%)
Price Decreased
Apr 20, 2026 Listed by Ellingson Properties $514,900
Listed by Ellingson Properties

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPANISH WELLS AT SUNTREE
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SPANISH WELLS AT SUNTREE SUNTREE PUD STAGE 4 TRACT 33 & PT OF TRACT 34 LOT 46 BLK 1

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 245B
  • Account Number: 2604769
  • Subdivision Tract Number: 33,34
  • Parcel: 26-36-23-25-00001.0-0046.00
  • Block: 1
  • Lot: 46
  • Meridian: SEC 23 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.211
  • Longitude: -80.6975

    Address

  • Full Address: 1072 Spanish Wells Dr
  • Address - House Number: 1072
  • Address - Street Name: Spanish Wells
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R024
  • 4-Digit Zip Code: 1603
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,378
  • Tax Year: 2022
  • Tax Amount: $223,276
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 560,925
  • High Value: 662,418
  • Low Value: 459,432

    Market Valuation

  • Market Total Value: $393,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,240

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spanish Wells at Suntree


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Unit for rent at 1335 Hampton Park Lane, Melbourne, FL, 32940

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1335 Hampton Park Lane, Melbourne, FL, 32940 Listing by Julie Schooler
Unit for rent at 1391 Hampton Park Lane, Melbourne, FL, 32940

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1391 Hampton Park Lane, Melbourne, FL, 32940 Listing by Rebecca Webb


Frequently Asked Questions

When was property at 1072 Spanish Wells Drive built and last sold?
The property at 1072 Spanish Wells Drive was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1072 Spanish Wells Drive is $520,049.
What are some comparable homes to 1072 Spanish Wells Drive?
There are currently no comparable homes to 1072 Spanish Wells Drive.