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$777,500
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Property Description
This updated pool home features vaulted ceilings with wood beams, skylights, and a bright open floor plan. The gourmet kitchen is a true centerpiece featuring an island cooktop, double ovens, wine fridge, and maple soft touch close cabinets. Additionally, this kitchen offers clear views of your patio & pool. Enjoy multiple living areas, including a cozy brick fireplace and a Florida room with walls of windows overlooking the pool. The owner's suite offers direct patio access and a custom his and hers walk-in closet, while bathrooms are tastefully updated with dual vanities, soaking tub, and walk-in shower. Step outside to your private retreat with a freeform pool, shade sails, tropical landscaping, and spacious patio space for lounging & entertaining. Avocado, Mango & Banana trees. Outdoor shower for convenience. This 4 Bed 3-bathroom beach home has a 4-year-old metal roof, impact rated windows as well as Bahama shutters. 14 X 14 vaulted ceilings. 2020 AC. R-20 Insulation throughout. Circular driveway with 2 car garage offers ample space for parking. The whole backyard is fenced in. This pool holds 17,000 gallons of water. Separate utility room with storage under central ac. Adding to the living sq ft. Large laundry room inside the house not in the garage. Bring your generator. Electric already added. Zoned for great schools. A few minutes from the beach. A short drive to shopping. Close to SOFA.
Full Property Details
Full Property Details for 318 Banyan Way
General
- Sold For: $777,500
- Taxes: $3,873 (2023)
- Status: Closed
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1056619
- Added to Site: 129 day(s) ago
Interior
- Interior Features: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Lower Level, Sink, Washer Hookup
Additional Information
- Pool: Yes
- Pool Description: In Ground, Salt Water
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Outdoor Shower, Impact Windows, Storm Shutters
- Porch/Patio/Deck: Deck, Patio, Porch, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: River Colony East
- Driving Directions: Take south riverside dr. Turn left onto andrews dr. Turn left onto Banyan Way
- Direction Faces: East
School Information
- Elementary School: Gemini
- Middle School: Hoover
- High School: Melbourne
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,550
- Living Area: 2,550 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Street/Road Desc.: Asphalt
- Lot Features: Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Price Per Sq. Ft.: $323.53
- Tax Amount: $3,873.56
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-38-06-77-0000e.0-0004.00
Listed by EXP Realty, LLC
Sold by Compass Florida, LLC
Get Pre-Approved Today
Schools
Schools serving 318 Banyan Way
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Gemini Elementary School 2100 Oak Street, Melbourne Beach, FL 32951 | K-6 | 1.4 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 2 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 Banyan Way
Date
Details
Price
Change
Source
11/26/2025
Sold
$777,500
-5.76%
MLS
10/06/2025
Price Reduced
$825,000
-1.79%
MLS
9/22/2025
Price Reduced
$840,000
-1.18%
MLS
9/08/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 Banyan Way, Melbourne Beach, FL 32951 (MLS# 1056619) is a Single Family property that was sold at $777,500 on November 26, 2025. Want to learn more about 318 Banyan Way? Do you have questions about finding other Single Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

