$4,999,000
$501K PRICE DROP

265 Stewart Dr Merritt Island, FL 32952

Estimated payment $29,332/month

Total Views 12,345
5 Beds
5.5 Baths
5,286 Sq Ft
$946 Price per Sq Ft

Highlights

  • 300 Feet of Waterfront
  • Boat Lift
  • In Ground Pool
  • Docks
  • Intracoastal View
  • 3.59 Acre Lot

About This Home

Exquisite And Elegant Waterfront Estate! Discover Unparalleled Luxury And Tranquility At This Stunning Estate On The Indian River In Merritt Island. Spanning 3.59 Acres, This Magnificent Property Is A True Paradise, Surrounded By Water With Approximately 300 Feet Of Frontage On The Indian River And Nearly 300 Additional Feet On Honeymoon Lake. The Meticulously Manicured Grounds Create A Serene And Picturesque Setting. The Estate Features A Private Covered Dock With A New 16,000 Lb Boat Lift, Accommodating A 35-Foot Boat, Along With A Secondary Lift For Smaller Watercraft Up To 2,500 Lbs, Easily Convertible To Hold Two Jet Skis. An Additional Private Dock On Honeymoon Lake Adds To The Allure Of This Waterfront Haven. This Property Boasts A Newer Tile Roof, A Powerful 24kw Generac Generator, And Impact Windows, Providing Peace Of Mind And Security. The Lush Landscaping Includes Two Wells For The Irrigation System, Custom Exterior Lighting, And A Circular Drive With A Fountain. The Estate Is Fully Enclosed And Enhanced By Privacy Hedges, Ensuring A Secluded And Elegant Lifestyle. Don't Miss This Opportunity To Own An Exquisite Estate That Embodies Elegance And Sophistication On Merritt Island. Embrace The Ultimate In Luxury Living With Breathtaking Views And Unparalleled Amenities. Opulence Awaits In This Stunning 5-Bedroom Home, Each With A Private Ensuite. Designed For Those Who Appreciate High-Quality Craftsmanship, This Meticulously Maintained Residence Features A Refined Office With Custom Built-Ins, A Formal Living Room With A Cozy Fireplace And Built-Ins, And An Elegant Dining Room Perfect For Entertaining. The Family Room Includes A Built-In Entertainment System, While An Upstairs Bonus Room Offers Versatility. The Gourmet Chef's Kitchen Boasts A Center Island, Solid Wood Cabinets, Granite Countertops, Top-Of-The-Line Stainless Steel Appliances, And A Charming Breakfast Nook. The Primary Suite Is A Retreat With Professionally Designed Closets, Breathtaking Views Of The Indian River, And A Luxurious Ensuite With A Garden Tub, Walk-In Shower, And Double Vanities. Additional Features Include Gorgeous Shutters, Custom Window Treatments, Two New Hot Water Heaters, An Upgraded AC System With Air Purifiers, A Home Security System With Security Cameras, And Spanish Pavers.
Experience the magic of Florida's natural beauty from the comfort of your dream home. With panoramic views that showcase playful dolphins, graceful manatees, and vibrant peacocks, every moment feels like a postcard come to life. Bask in unparalleled sunset views that paint the sky with breathtaking hues, creating a serene retreat you'll cherish forever. Don't miss the chance to call this slice of paradise your ownbuy your perfect home today!

Listing Agent

Barbara Wall

BHHS Florida Realty License #345418

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,156

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 3.59 Acre Lot
  • 300 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • East Facing Home
  • Fenced
  • Front and Back Yard Sprinklers

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • River
  • Lake
  • Woods
  • Pool

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Siding
  • Asphalt

Interior Spaces

  • 5,286 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Home Security

  • Security System Owned
  • High Impact Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Docks
  • Deck

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-37-31-00-00028.6-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,156

Year Built

Built in 2005 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pool, River, Trees/Woods, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System Owned, Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Architectural Style: Spanish
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Tile2: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Wine Cooler
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 19
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Wine Cooler: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Dock, Boat Lift, Impact Windows
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Tile
  • Fencing: Fenced, Other
  • Acres: 3.59
  • Pool Private: Yes
  • Waterfront Features: Navigable Water, River Front, Intracoastal
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 156380.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2532821
  • Parcel #: 25-37-31-00-00028.6-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $17,156 $1,379,120 $0 $0
2022 $16,122 $1,338,960 $0 $0
2021 $15,839 $1,198,020 $0 $0
2020 $15,923 $1,181,480 $0 $0
2019 $15,996 $1,154,920 $0 $0
2018 $16,131 $1,133,390 $0 $0
2017 $16,457 $1,110,080 $0 $0
2016 $16,866 $1,087,250 $585,040 $502,210
2015 $17,491 $1,079,700 $570,040 $509,660
2014 $17,666 $1,071,140 $570,040 $501,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $4,999,000 -9.1% $946 / Sq Ft
11/21/2024 11/21/24 For Sale $5,500,000 -- $1,040 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed $150,000 --
Warranty Deed $1,050,000 Aurora Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $895,000 New Conventional
Source: Public Records

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1030261

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00028.6-0000.00