4505 Eldorado Way
Melbourne, FL, 32934
$850,000
60 photos— tap any to expand
About this home
Multi-use 5-acre estate in the Lake Washington of Melbourne! Enjoy the sprawling acreage in a park-like setting all for yourself or take advantage of the horse boarding income opportunity. Great for boat enthusiasts, builders/investors, car collectors & more with ample space for vehicle storage or workshops. The remodeled 4-bedroom, 3-bath home has two spacious primary suites suitable for multi-generational living. Current set-up offers horse boarding and immediate revenue. There are 2 Barns (17 stalls total), Lighted Riding Arena, Lunge Pen, 4 Pastures, 3 Wash Racks, 2 Tack rooms. The back yard oasis includes a grilling gazebo, larger gazebo outside the riding arena, fire pit & above-ground pool. Whether you're looking to run a thriving boarding business, house a massive car collection, build on the extra lot or enjoy a private estate near the water, this property delivers it all. Live your Passion. Grow your income. Welcome home! Read on - more.....
Features
The details
- Type
- Residential
- Year built
- 1975
- Living area
- 2,094 sqft
- Lot size
- 5 acres
- Garage
- 2 spaces
- Subdivision
- None
- County
- Brevard
- Pool
- Yes
- Schools
- Sabal · Johnson · Eau Gallie
- MLS #
- 1060515
Listing courtesy of Patti L George, Charles Rutenberg Realty.
Listing information provided by the Space Coast Association of REALTORS® IDX program (source: Space Coast MLS (Space Coast Association of REALTORS®)). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Last updated Sep 12, 2026, 1:31 PM.
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Listing information provided by the Space Coast Association of REALTORS® IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.