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$355,000
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Property Description
This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain - perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of a modern farmhouse, a quiet retreat, or a multigenerational home, this is your blank canvas in one of Melbourne's most desirable acreage neighborhoods. Bring your builder, your plans, and make this place yours.
Full Property Details
Full Property Details for 4490 Eldorado Way
General
- Price: $355,000
- Taxes: $2,618 (2024)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1059239
- Updated: 12/11/2025
- Added to Site: 100 day(s) ago
Location
- Area: 321 - Lake Washington/S of Post
- County: Brevard
- Subdivision: None
- Driving Directions: From Eau Gallie turn north onto Turtlemound. Turn left onto lake breeze, right on lakeland, right on Lake Point follow around the corner, the street will become Mustang. Right on Pinto, Left on Eldorado
School Information
- Elementary School: Sabal
- Middle School: Johnson
- High School: Eau Gallie
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Water Available, Water Connected
Structural Information
- Current Bldg. Use: Residential, Single Family
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 1.21
- Lot Size (Sq. Ft.): 52,708
- Lot Features: Cleared, Dead End Street
Financial Considerations
- Tax Amount: $2,618.51
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-36-11-00-00278.0-0000.00
Listed by Dale Sorensen Real Estate Inc.
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Schools
Schools serving 4490 Eldorado Way
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Sabal Elementary School 1401 North Wickham Road, Melbourne, FL 32935 | PK-6 | 2.5 mi |
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935 | 9-12 | 3.5 mi |
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935 | 7-8 | 3 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 4490 Eldorado Way
Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$355,000
-7.79%
MLS
11/13/2025
Price Reduced
$385,000
-3.73%
MLS
10/09/2025
Listed
$399,900
48.11%
MLS
5/16/2025
Sold
$270,000
—
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 4490 Eldorado Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,723
1%
$195,580
3%
2024
$2,686
3%
$190,070
3%
2023
$2,619
6%
$184,540
6%
2021
$2,480
1%
$173,960
-3%
2022
$2,453
-1%
$179,170
4%
2021
$2,480
1%
$171,560
4%
2018
$2,461
—
$164,590
2%
2017
$2,462
-3%
$161,210
2%
2016
$2,527
-2%
$157,900
1%
2015
$2,577
4%
$156,810
-6%
2019
$2,468
-3%
$167,710
8%
2014
$2,538
—
$155,570
1%
2013
$2,534
—
$153,280
—
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 4490 Eldorado Way
4490 Eldorado Way, Melbourne, FL 32934 (MLS# 1059239) is a Vacant Land property with a lot size of 1.21 acres. 4490 Eldorado Way is currently listed for $355,000 and was received on October 09, 2025. Want to learn more about 4490 Eldorado Way? Do you have questions about finding other Vacant Land real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

