4574 Milost Drive
About This Property
Inside, refined craftsmanship and thoughtful design are showcased at every turn. Soaring coffered ceilings, rich hardwood flooring, designer tile, and a striking modern fireplace create a sophisticated yet inviting atmosphere. Expansive sliding glass doors seamlessly blend indoor and outdoor living, drawing your eye to panoramic lake views and breathtaking sunsets that serve as the backdrop for everyday life. Designed for both relaxation and entertaining, the outdoor living experience is truly exceptional. An electric-heated saltwater pool and spa overlook the shimmering lake, creating a private resort-style setting. The fully equipped summer kitchen provides the perfect venue for outdoor gatherings, whether hosting intimate dinners or large-scale celebrations.
A standout feature of the estate is the private three-bedroom, two-bath casita, connected to the main residence by a newly constructed enclosed hallway. This thoughtful addition creates a fully integrated floor plan rarely found in Adelaide, offering the ideal space for guests, multigenerational living, a private home office, or an extended family retreat--all while maintaining seamless access to the main home.
At the heart of the residence, the chef's kitchen masterfully blends luxury and functionality. A dramatic oversized quartz island anchors the space, complemented by premium Fisher & Paykel stainless steel appliances, a gas cooktop, built-in microwave, hidden butler's pantry, and an impressive 300-bottle Thermador wine cellar. Every detail has been carefully curated to support effortless entertaining and elevated daily living.
The owner's suite serves as a private sanctuary, capturing some of the most spectacular lake views in Viera. Enjoy direct access to the pool and outdoor living areas, along with a spa-inspired bath featuring dual quartz vanities, an expansive double-head walk-in shower, and two spacious custom walk-in closets.
Offering a rare combination of privacy, architectural distinction, resort-style amenities, and unrivaled waterfront views, this remarkable Adelaide estate represents a once-in-a-generation opportunity to own one of Viera's most coveted luxury residences.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$3,700,000
↓ $100K
(2.6%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$3,800,000
↓ $50K
(1.3%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by EXP Realty, LLC | $3,850,000 | |
| Listed by EXP Realty, LLC | |||
| May 7, 2025 | Price Decreased |
$4,100,000
↓ $100K
(2.4%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed | $4,200,000 | |
| Listed | |||
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A home of this caliber is more than a residence—it's an experience. Set on an unrivaled 1.57-acre lakefront lot—the largest in Adelaide—this estate is a private sanctuary where modern elegance meets resort-style living. From the moment you arrive, the sheer scale of the property makes an impression. A massive courtyard driveway welcomes guests with a grand sense of arrival, offering ample space for both everyday convenience and elegant entertaining. Manicured landscaping frames the estate, setting the stage for what lies beyond. Step inside, where architectural details take center stage. Coffered ceilings soar overhead, light dances across sleek tile and rich hardwood floors, and a modern tiled fireplace anchors the grand living space. Expansive sliders dissolve the boundary between indoors and out, drawing you toward the stunning poolside retreat. Outdoors, the rhythm of cascading water from the gas-heated saltwater pool and spa creates an atmosphere of tranquility. The fully equipped summer kitchen is ready for alfresco dining, while a private 3-bedroom, 2-bath casita offers a secluded escape for guests, blending seamlessly into the estate's design.
At the heart of the home, the gourmet kitchen is both a statement piece and a chef's dream. A striking quartz island commands attention, flanked by top-of-the-line Paykel & Fisher stainless steel appliances, a gas stove, built-in microwave, and an impressive 300-bottle Thermador wine cellar. But the true hidden gem? A discreet butler's pantry, seamlessly integrated to provide additional prep space and storage, keeping the main kitchen pristine and ready for entertaining. The owner's suite is a retreat unto itself. Wake up to serene lake views, step through private doors to the pool, or unwind in the spa-inspired bath featuring dual quartz vanities, an expansive double-head shower, and two generous walk-in closets.
A peaceful rock pond courtyard connects the casita, offering a quiet moment of reflection before revealing yet another breathtaking perspective of the lake. With over 1.5 acres of prime lakefront land, this estate is a rare offeringwhere luxury, privacy, and architectural excellence come together in perfect harmony.
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About Brevard
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Phone: 425-283-2930
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