4505 Eldorado Way, Melbourne, FL 32934
About Property
Reduced to $999K! Highly Desirable Lake Washington Area! Active, Income-Producing Horse Boarding Stable w/beautiful, updated 4 BD, 3 BA home, all in a park-like setting. 2 Barns; 11-stall Main Barn & 6-stall Back Barn. Lighted Riding Arena, Lunge Pen, 3 Wash Racks, 2 Tack Rooms, 4 Pastures. There's plenty to do in this Back Yard Oasis; enjoy the grilling gazebo, relax in the larger Gazebo while viewing horses riding in the arena, sit at the fire pit, cool off in the above-ground pool, or on the long, open back porch. Just 3.8 Miles from Lake Washington. Boaters, Fishermen, Car Enthusiasts; get a look - barns have multi-purpose uses! The remodeled home has two Primary Suites, 3 of 4 the bedrooms open to the back porch. Beautiful tile flooring throughout the home. 2018 Roof, Plumbing redone in 2017, Water Heater is 5 y.o., Kitchen appliances are 3 y.o., Lots of kitchen storage! 2 Car Attached garage plus 4-bay covered carport. Read on in the supplement for more info......
Essential Property Information
- Year Built: 1975
- Price: $980,000
- Property Type: Residential
- Area: 2,094 sqft.
- Country: USA
- City: Melbourne
- Bedrooms: 4
- Bathrooms: 3.00
Additional Property Info
- Community Fees: No
- Construction: Block and Stucco
- Cooling: Central Air and Electric
- Equipment/Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator and Washer
- Exterior Features: Fire Pit
- Floor: Tile
- Furnished: Unfurnished
- Heat: Central, Electric and Hot Water
- Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub and Walk-In Closet(s)
- List Price/SqFt: $468 / sqft
- Listing ID: 1060515
- Listing Status: Active
- Lot Description: Agricultural, Cleared, Dead End Street and Farm
- Lot SqFt: 217,800 sqft
- Parking: Additional Parking, Attached, Carport, Detached Carport and Garage Door Opener
- Pool: Yes
- Pool Features: Above Ground
- Possession: Close Of Escrow
- Private Pool: Yes
- Property Type: Residential
- Residential Sub-Type: Single Family Residence
- Road Surface: Paved
- Roof: Shingle
- Security/Safety: Smoke Detector(s)
- Showing: Appointment Only,Listing Agent Must Accompany,Showing Service
- Sold Terms Code: Cash,Conventional,FHA,USDA Loan,VA Loan
- SqFt - Living: 2,094 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Sunday, October 26th, 2025
- Street Name: Eldorado
- Street Number: 4505
- Street Suffix: Way
- Subdivision: None
- Tax Year: 2024
- Taxes: $3,038
- Total Garage Spaces: 2
- Utilities: Cable Connected, Electricity Connected and Water Connected
- Virtual Tour: Click Here
- Waterfront: No
- Year Built: 1975
- Zip Code: 32934
- Zoning: Agricultural
Property Details
2094.00 Square Feet
-

4 Bedrooms
-

3.00 Bath
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