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$980,000
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Property Description
Experience refined waterfront living in this beautifully updated 4 bedroom, 2.5 bath pool home situated in the prestigious Newfound Harbor area of Merritt Island. Set on a serene waterfront lot, this residence offers a spacious, flowing floor plan designed to highlight natural light, comfort, and style. The heart of the home is the newly renovated kitchen, thoughtfully appointed with modern finishes and generous workspace. Multiple living and dining areas provide an elegant yet comfortable setting for both everyday living and hosting. Outdoor living is elevated with a paved pool deck overlooking the water, creating a tranquil backdrop for relaxation and entertainment. A well maintained yard frames the property beautifully, while the updated dock provided seamless access for boating and waterfront enjoyment. Located close to fine dining, shopping, beaches, and top rated conveniences, this exceptional residence offers a rare opportunity to enjoy luxury waterfront living.
Full Property Details
Full Property Details for 1940 Gates Rd
General
- Sold For: $980,000
- Taxes: $5,147 (2023)
- Status: Closed
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1062653
- Added to Site: 104 day(s) ago
Interior
- Interior Features: Breakfast Bar, Primary Bathroom -Tub with Separate Shower, Smart Thermostat, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Waterfall
Exterior
- Exterior Features: Dock, Outdoor Shower, Other, Boat Lift, Storm Shutters
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Other
Location
- Area: 254 - Newfound Harbor
- County: Brevard
- Subdivision: None
- Driving Directions: Newfound Harbor south to Gates Rd, turn right onto Gates. Home is on the left after the curve in road.
- Direction Faces: East
School Information
- Elementary School: Tropical
- Middle School: Jefferson
- High School: Merritt Island
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Other
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Fiber Cement, Frame
- Roof: Tile
- Stories/Levels: 1
- Square Feet: 3,174
- Living Area: 3,174 Sq. Ft.
- Current Bldg. Use: Other
- Year Built: 1986
Additional Structures
- Other Structures: Gazebo, Greenhouse, Shed(s)
Lot Features
- Property View: River
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,682
- Lot Features: Dead End Street, Other
- Fencing (Description): Privacy, Vinyl
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Newfound Harbor
Financial Considerations
- Price Per Sq. Ft.: $314.74
- Tax Amount: $5,147.32
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 25-37-07-00-00768.0-0000.00
Listed by Blue Marlin Real Estate
Sold by EXP Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 1940 Gates Rd
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Tropical Elementary School, Merritt Island, FL 885 South Courtenay Parkway, Merritt Island, FL 32952 | K-6 | 2.3 mi |
Merritt Island High School 100 Mustang Way, Merritt Island, FL 32953 | 9-12 | 4.4 mi |
Thomas Jefferson Middle School, Merritt Island, FL 1275 South Courtenay Parkway, Merritt Island, FL 32952 | 7-8 | 1.5 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 1940 Gates Rd
Date
Details
Price
Change
Source
2/20/2026
Sold
$980,000
-1.9%
MLS
1/13/2026
Price Reduced
$999,000
-3.48%
MLS
12/11/2025
Price Reduced
$1,035,000
-5.91%
MLS
11/21/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1940 Gates Road, Merritt Island, FL 32952 (MLS# 1062653) is a Single Family property that was sold at $980,000 on February 20, 2026. Want to learn more about 1940 Gates Road? Do you have questions about finding other Single Family real estate for sale in Merritt Island? You can browse all Merritt Island real estate or contact a Coldwell Banker agent to request more information.

