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About This Home

This 3-bedroom, 2-bathroom single family at 1072 Spanish Wells Drive in Melbourne, FL is listed for $514,900 ($251 per sqft). Built in 1988, the home offers 2,048 sqft of living space on a 0.30 acres lot.

Agent Description

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.

Key Features

  • Built in 1988
  • 0.30 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1988

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$3,011/mo

20% down · 6.5% · 30 years

Principal$372
Interest$2,231
Insurance$150
HOA$257

Estimates only. Actual payments may vary.

Location

1072 Spanish Wells Drive

Melbourne, FL 32940

Spanish Wells at Suntree

Features & Amenities

Interior Features

Breakfast NookBuilt-in FeaturesCeiling Fan(s)Eat-in KitchenOpen FloorplanPrimary Bathroom - Shower No TubSplit BedroomsVaulted Ceiling(s)Walk-In Closet(s)

Property Details

Flooring

TileCarpet

Construction

Frame Stucco

Views

Lake

Pool Features

Patio

Parking

GarageOpen

Heating

Natural GasCentral

Cooling

Central AirElectric

Appliances

DishwasherDisposalDryerGas RangeIce MakerMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1072 Spanish Wells Drive is listed at $514,900 ($251/sqft). The estimated monthly payment is $2,488 based on 20% down at 6.5% interest.

HOA fees are $257/month.

Key features include: Built in 1988, 0.30 acre lot, Fireplace, Waterfront. Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s).

This property is listed by Gregory Ellingson and can be reached at 3217507050 or Tish@GregEllingson.com.

GE

Gregory Ellingson

Agent at Ellingson Properties

(321) 750-7050

Listed by Ellingson Properties · View on Broker Site

MLS# 1075182· Source: listhub· Updated 42 days ago

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1072 Spanish Wells Drive, Melbourne, FL 32940

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