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$1,699,000 Just Listed
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Property Description
Perched high above the Indian River Lagoon on .76 acres, this beautifully renovated riverfront home offers an extraordinary 475 feet of total waterfrontage and a setting unlike anything else in the area. Tucked beneath mature oaks and set well back from the road, the property feels remarkably private and quiet, with sweeping water views filling nearly every living space. Inside, the 3,074 SF residence has been thoughtfully updated with impact windows, vaulted ceilings, hand-scraped wood floors, warm wood ceiling details, two primary suites, and a beautifully renovated kitchen centered around an oversized island and expansive wet bar. The living spaces open naturally to an incredible waterfront entertaining area with a sprawling paver patio, 14-seat tiki bar and outdoor kitchen, and ample room for a future pool. The property also features a rare grandfathered-in boathouse, no longer permitted to be built today, with a boat lift, dock, electric, and water. With incredible elevation, lush tropical landscaping, a circular drive, and water wrapping around the property, this is a truly special piece of direct Indian River waterfront. Located in one of the fastest-growing areas along Florida's East Coast, the home is just 10 minutes from the beach and Melbourne Orlando International Airport. Orlando International Airport is approximately 50 minutes away, offering exceptional accessibility while maintaining the privacy and character of waterfront living.
Full Property Details
Full Property Details for 4355 N Hwy 1
General
- Price: $1,699,000
- Taxes: $7,191 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1086131
- Updated: Today (8/27/2026)
- Added to Site: Today
Interior
- Interior Features: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Induction Cooktop, Microwave, Refrigerator, Washer, Wine Cooler
- Furnishings: Negotiable
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit, Lower Level
Exterior
- Exterior Features: Dock, Outdoor Kitchen, Outdoor Shower, Boat Lift, Impact Windows, Storm Shutters
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Circular Driveway, Covered, Garage, Garage Door Opener
Location
- Area: 322 - NE Melbourne/Palm Shores
- County: Brevard
- Subdivision: None
- Driving Directions: From Pineda Causeway south on US 1. Home will be on rivers edge through open gate
- Direction Faces: West
School Information
- Middle School: Johnson
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Public, Well
- Well: Yes
- Utility Description: Cable Connected, Electricity Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Concrete, Frame, Stucco
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 3,074
- Living Area: 3,074 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1970
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: Boat House, Gazebo, Outdoor Kitchen, Shed(s)
Lot Features
- Property View: River, Water, Intracoastal
- Lot Size (Acres): 0.7
- Lot Size (Sq. Ft.): 30,492
- Lot Features: Corner Lot, Many Trees, Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Other
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Indian River
Financial Considerations
- Price Per Sq. Ft.: $552.7
- Tax Amount: $7,191.91
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 26-37-32-00-00502.0-0000.00
Listed by One Sotheby's International
Get Pre-Approved Today
Schools
Schools serving 4355 N Hwy 1
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Dr. W.J. Creel Elementary School 2000 Glenwood Drive, Melbourne, FL 32935 | PK-6 | 2.5 mi |
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935 | 9-12 | 3 mi |
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935 | 7-8 | 2.5 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 4355 N Hwy 1
Date
Details
Price
Change
Source
8/27/2026
Listed
$1,699,000
111.06%
MLS
8/07/2020
Sold
$805,000
—
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 4355 N Hwy 1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,192
17%
$562,390
3%
2025
$6,165
-9%
$547,610
3%
2024
$6,762
1%
$532,180
3%
2023
$6,670
2%
$516,680
6%
2021
$6,530
5%
$487,030
-3%
2022
$6,223
-5%
$501,640
121%
2021
$6,530
111%
$227,090
2%
2019
$3,096
—
$221,990
2%
2018
$3,102
-1%
$217,860
2%
2017
$3,128
-2%
$213,380
2%
2016
$3,182
-3%
$209,000
1%
2015
$3,271
-1%
$207,550
1%
2014
$3,294
-1%
$205,910
1%
2013
$3,311
—
$202,870
—
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 4355 N Hwy 1
4355 N Highway 1, Melbourne, FL 32935 (MLS# 1086131) is a Single Family property with 3 bedrooms and 3 full bathrooms. 4355 N Highway 1 is currently listed for $1,699,000 and was received on August 27, 2026. Want to learn more about 4355 N Highway 1? Do you have questions about finding other Single Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

