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$2,100,000 Just Listed
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Property Description
Exceptional direct Indian River estate offering refined waterfront living on approximately .63 acres. Privately gated, poured-concrete residence featuring an extensively remodeled kitchen w/ Cambria quartz countertops, white shaker cabinetry, stainless steel appliances, double ovens, oversized island, large pantry & wet bar w/ wine cooler. All bedrooms offer ensuite baths & balconies. Expansive living & dining areas open through sliding glass doors to breathtaking river views, while the upstairs family room features a balcony. Two stairwells lead to a spectacular rooftop terrace w/ panoramic water views. Outside, enjoy a long private dock w/ boat lift, poured-concrete seawall & beautiful Native American-style chickee overlooking the river, perfect for dining & relaxing. A four-car garage, extensive parking, two wells, two septic systems, two water-treatment systems & two laundry rooms complete this exceptional property. Beach access approximately 15 minutes away by boat.
Full Property Details
Full Property Details for 5165 Hwy 1
General
- Price: $2,100,000
- Taxes: $15,863 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1085870
- Updated: 8/25/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Breakfast Bar, Eat-in Kitchen, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s), Wet Bar
- Appliances: Double Oven, Electric Cooktop, Wine Cooler
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Electric Dryer Hookup, Washer Hookup
Additional Information
- Security/Safety: Smoke Detector(s), Secured Lobby
Exterior
- Exterior Features: Balcony, Boat Lift
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Additional Parking
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: Jorgensons Plat of Grant
- Driving Directions: From Malabar Road head south on US one, Home is on the left
- Direction Faces: West
School Information
- Elementary School: Sunrise
- Middle School: Stone
- High School: Bayside
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected
Structural Information
- Exterior Const.: Concrete
- Roof: Concrete
- Stories/Levels: 2
- Square Feet: 5,300
- Living Area: 5,300 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 2010
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: River
- Lot Size (Acres): 0.63
- Lot Size (Sq. Ft.): 27,443
- Lot Features: Cleared
- Fencing (Description): Block
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $396.23
- Tax Amount: $15,863.7
- Tax Year: 2025
- Terms: Cash, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-38-28-25-0000b.0-0033.00
Listed by EXP Realty, LLC
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Schools
Schools serving 5165 Hwy 1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sunrise Elementary School, Palm Bay, FL 1651 Mara Loma Blvd Se, Palm Bay, FL 32909 | PK-6 | 6.2 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 10 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 9.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5165 Hwy 1
Date
Details
Price
Change
Source
8/24/2026
Listed
$2,100,000
90.91%
MLS
9/17/2021
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5165 Hwy 1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,864
9%
$1,089,460
-2%
2025
$14,612
-3%
$1,109,670
3%
2024
$15,028
5%
$1,073,740
6%
2023
$14,379
26%
$1,010,670
32%
2021
$11,451
-13%
$763,090
-21%
2022
$13,170
15%
$961,030
26%
2021
$11,451
49%
$760,200
49%
2018
$7,707
—
$509,600
-2%
2019
$7,723
-1%
$519,280
4%
2017
$7,802
-2%
$499,120
2%
2016
$7,945
-3%
$488,860
1%
2015
$8,176
—
$485,470
1%
2014
$8,215
-1%
$481,620
1%
2013
$8,312
—
$474,510
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5165 Hwy 1
5165 Highway 1, Grant-Valkaria, FL 32949 (MLS# 1085870) is a Single Family property with 6 bedrooms and 8 full bathrooms. 5165 Highway 1 is currently listed for $2,100,000 and was received on August 24, 2026. Want to learn more about 5165 Highway 1? Do you have questions about finding other Single Family real estate for sale in Grant-Valkaria? You can browse all Grant-Valkaria real estate or contact a Coldwell Banker agent to request more information.

