1696 Gracewood Drive, Melbourne, FL 32940 (MLS# 1067496)

1696 Gracewood Drive, Melbourne, FL 32940

$1,650,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 6,702 Lot Size (sq. ft.): 20,473 Status: Closed
Current Price: $1,650,000 List Date: 1/24/2026 Last Modified: 7/04/2026

Overview

Description

HUGE PRICE IMPROVEMENT!! This modern lakefront luxury home offers 3642sf. This 2024 home sits on .47 acres and delivers an elevated design with water views that feel well-planned from the beginning. This home flaunts an open-concept interior, Sonos speaker system, custom closets, impact-rated windows, Flex Room-85'' TCL flat screen w/ custom cabinetry. The living room makes a bold impression with coffered ceilings, custom-built lighted entertainment center, electric fireplace & 98'' TCL TV! (FURNITURE NEGOTIABLE!!) The high-end Chef's kitchen boasts THOR SS appliances, dual ovens, lighted cabinetry, butler pantry, oversized island & more; matched by a full summer Kitchen outside with a Jett-equipped Spa overlooking the water. Additional highlights: Custom closets, Impact-rated windows-doors, metal roof, wood tile floors. Stop by today! Close to Orlando Airport, Amusement Parks, Costco, Shopping, Restaurants & .

Listing Details MLS# 1067496

General Property Information

Bedrooms Total
4
Bathrooms Total
3
Accessory Dwelling Unit Y/N
No
Bathrooms Full
3
Living Area
3642
Living Area Source
Appraiser
Building Area Total
6702
Accessibility Features YN
No
New Construction YN
No
Year Built
2024
Garage YN
Yes
Garage Spaces
3
Carport YN
No
Lot Size Acres
0.47
Lot Size Square Feet
20473
Land Lease YN
No
Association YN
Yes
Association Fee
1895.4
Association Fee Frequency
Annually
Association Name
Artemis
Association Phone
407-705-2190
CDD Fee YN
Yes
CDD Fee Amount
1000
Community Fee(s) YN
Yes
Other Fee(s) Amount
382
Water Body Access YN
No
Waterfront YN
Yes
Furnished
Negotiable
Stories
2
Entry Level
Yes
Direction Faces
Southwest
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
521.66
Sold Price/SqFt
453.05

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Electric Water Heater; Gas Cooktop; Ice Maker; Microwave; Plumbed For Ice Maker; Refrigerator; Tankless Water Heater; Water Softener Owned Architectural Style: Contemporary Association Amenities: Gated; Jogging Path; Management - Off Site Construction Materials: Block; Stucco Cooling: Central Air; Electric; Multi Units Current Use: Residential; Single Family Exterior Features: Impact Windows; Outdoor Kitchen; Storm Shutters Fireplace Features: Electric Flooring: Tile Heating: Central; Electric Interior Features: Breakfast Bar; Built-in Features; Butler Pantry; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Smart Home; Smart Thermostat; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Lower Level; Sink; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Corner Lot; Few Trees; Sprinklers In Front; Sprinklers In Rear Other Structures: Outdoor Kitchen Parking Features: Attached; Circular Driveway; Electric Vehicle Charging Station(s); Garage; Garage Door Opener Patio And Porch Features: Awning(s); Covered; Deck; Front Porch; Patio; Screened Pets Allowed: Cats OK; Dogs OK; Yes Possession: Close Of Escrow Property Condition: Updated/Remodeled Rental Restrictions: 1 Year Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Security Features: Closed Circuit Camera(s); Security System Owned; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent; Lockbox; Showing Service Smart Home Features: Entertainment; Lighting; Locks; Security; Smoke Detector Spa Features: Above Ground; Heated; Private Special Listing Conditions: Standard Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected View: Lake; Water Water Source: Public Waterfront Features: Lake Front Showing Considerations: Minimal Exterior Lighting; Occupied; Security System Community Features: Curbs; Gated; Sidewalks; Street Lights; Suburban

Contract Information

Original List Price
2399000
Listing Contract Date
2026-01-24
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
1696
Street Name
Gracewood
Street Suffix
Drive
County
Brevard
State
FL
Postal Code
32940
MLS Area Major
217 - Viera West of I 95
Subdivision Name
ARIPEKA AT VIERA PHASE 1

Remarks and Miscellaneous

Public Remarks
HUGE PRICE IMPROVEMENT!! This modern lakefront luxury home offers 3642sf. This 2024 home sits on .47 acres and delivers an elevated design with water views that feel well-planned from the beginning. This home flaunts an open-concept interior, Sonos speaker system, custom closets, impact-rated windows, Flex Room-85'' TCL flat screen w/ custom cabinetry. The living room makes a bold impression with coffered ceilings, custom-built lighted entertainment center, electric fireplace & 98'' TCL TV! (FURNITURE NEGOTIABLE!!) The high-end Chef's kitchen boasts THOR SS appliances, dual ovens, lighted cabinetry, butler pantry, oversized island & more; matched by a full summer Kitchen outside with a Jett-equipped Spa overlooking the water. Additional highlights: Custom closets, Impact-rated windows-doors, metal roof, wood tile floors. Stop by today! Close to Orlando Airport, Amusement Parks, Costco, Shopping, Restaurants & .

Status Change Information

Major Change Timestamp
2026-07-04T02:50:30Z
Major Change Type
Status Change
Price Change Timestamp
2026-05-15T23:43:20Z
Status Change Timestamp
2026-07-03
Purchase Contract Date
2026-06-07
Close Date
2026-06-30
Close Price
1650000

More Information

Closing Company Details

Closing Company Name
Federal Title Insurance - Brenda VanNest-321-632-4871
Closing Company Address
1193 US Highway1, Rockledge, FL 32940

DPR Eligible

DPR Eligible
No

Legal Details

Permission Granted to Advertise
Yes
Listing Office: Cornell Real Estate
Last Updated: July - 04 - 2026
Information is deemed to be reliable, but is not guaranteed.

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