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Brevard 32940 Cypress Trace
1196 Cypress Trace Drive
$490,000
● House - Off Market

1196 Cypress Trace Drive

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,719 Ft²
$2,844
Est. Monthly
$25
HOA / Fees
5.12%
Cap Rate

About This Property

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.
Unit Size
1,719 Ft²
Days on Market
38 days
Land Size
0.22 acres
Price per sqft
$308
Property Type
House
Property Taxes
$216
HOA Dues
$25
Year Built
1991

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Last updated: 6 months ago (Space Coast MLS #1054985)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Sold
Sep 19, 2025 In contract -
In contract
Aug 19, 2025 Listed by Dalton Wade, Inc. $529,900
Listed by Dalton Wade, Inc.
Nov 24, 1993 Sold
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1991
  • 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: 575
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 35
  • Pool Type: 8
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,889
  • Gross Building Area: 2,889
  • Building Area: 1,719
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,719
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS TRACE SUNTREE PUD STAGE 4
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS TRACE SUNTREE PUD STAGE 4 32 & 73 LOT 97

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 245B
  • Account Number: 2604502
  • Parcel: 26-36-23-OH-00000.0-0097.00
  • Lot: 97
  • Meridian: SEC 23 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2133
  • Longitude: -80.6972

    Address

  • Full Address: 1196 Cypress Trace Dr
  • Address - House Number: 1196
  • Address - Street Name: Cypress Trace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R024
  • 4-Digit Zip Code: 1619
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,221
  • Tax Year: 2022
  • Tax Amount: $241,181
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 562,622
  • High Value: 664,421
  • Low Value: 460,822

    Market Valuation

  • Market Total Value: $429,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $196,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 1993
  • Current Sale Recording Date: Nov 24, 1993
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Cypress Trace


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Frequently Asked Questions

When was property at 1196 Cypress Trace Drive built and last sold?
The property at 1196 Cypress Trace Drive was built in 1991 and last sold on Nov 22, 1993 for $184,000.
How much is this home worth?
The estimated value of the home located at 1196 Cypress Trace Drive is $0.
What are some comparable homes to 1196 Cypress Trace Drive?
There are currently no comparable homes to 1196 Cypress Trace Drive.