2 River Falls Dr, Cocoa Beach, FL, 32931
About This Home
Luxurious waterfront custom estate with 5 bedrooms, 5.5 baths, and over 6,558 square feet exceptionally updated in 2022. Experience endless coastal paradise with 150 feet of Banana River frontage, breathtaking unobstructed views, dolphins swimming in your backyard, boat access to the Atlantic Ocean, nearby beaches in the Surf Capital of the East Coast and iconic rocket launches from Kennedy Space Center. This exquisite waterfront property offers a blend of luxury and comfort, and is designed to maximize natural light and stunning water views. The chef's kitchen is ideal for entertaining and features two islands, two dishwashers, three chef sinks, custom-designed stone countertops and backsplash, high-end appliances and cabinets, six-burner gas stove, wine cellar and a butler's pantry. Along with the gourmet kitchen, the private home office and gym are on the first floor. Upstairs, you will find the remarkable primary retreat which features picturesque views, coral stone tile in the bath and a large custom walk-in closet with laundry room access. All bedrooms are upstairs, including a second primary, hidden passages, attached guest quarters with a media room and separate kitchen, plus a turf balcony overlooking the resort-style pool and backyard oasis. Additional property features include the summer kitchen, stone-coated steel roof installed in 2022, whole-house backup 26-kilowatt Generac generator with aluminum enclosure, updated air-conditioning units and water heater, fully reinforced seawall, covered boat lift, extended dock, oversized three-car garage, high-tech pool equipment and more. Discover the ultimate coastal lifestyle and make this paradise yours.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1998
Materials
- Roof: Metal
- Construction materials: Concrete
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Convection Oven,Dishwasher,Disposal,Dryer,Refrigerator,Washer
- Laundry features: Upper Level
Bedroom2
- Level: Second
- Area: 625
- Dimensions: 25.00 x 25.00
Bedroom3
- Level: Second
- Area: 196
- Dimensions: 14.00 x 14.00
Bedroom4
- Level: Second
- Area: 160
- Dimensions: 10.00 x 16.00
Bedroom5
- Level: Second
- Area: 216
- Dimensions: 13.50 x 16.00
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Built-in Features,Kitchen Island,Pantry,Walk-In Closet(s),Wine Cellar
- Flooring: Carpet,Tile,Wood
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total interior livable area: 6,558 sqft
Master Bedroom
- Level: Second
- Area: 600
- Dimensions: 20.00 x 30.00
Property
Details
- Parcel number: 2537270100000.00027.00
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Covered,Deck
- Exterior features: Balcony,Dock,Boat Lift,Storm Shutters
- Has spa: Yes
- Spa features: Heated
- Fencing: Full
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: River Access,River Front,Seawall,Intracoastal
- Waterbody name: Banana River
Lot
- Lot size: 0.33 Acres
- Features: Other
Parking
- Total spaces: 3
- Parking features: Circular Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $19,973 | $239,676 |
| Home Insurance * | $805 | $9,660 |
| Property Taxes | $4,910 | $58,920 |
| Electricity | $659 | $7,919 |
| Total | $26,347 | $316,164 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Listed for rent | $13,000 |
| 2026-02-10 | Listed for sale | $3,950,000 |
| 2026-01-30 | Listing removed | $3,950,000 |
| 2026-01-09 | Listed for sale | $3,950,000 |
| 2024-08-26 | Listing removed | -- |
| 2024-05-31 | Price change | $4,699,999 |
| 2024-01-17 | Price change | $4,750,000 |
| 2023-11-09 | Price change | $4,950,000 |
| 2023-09-08 | Listed for sale | $5,100,000 |
| 2022-04-19 | Sold | $1,876,000 |
| 2007-09-13 | Sold | $1,820,000 |
| 2003-02-28 | Sold | $1,100,000 |
| 1999-05-20 | Sold | $190,000 |
| 1995-09-01 | Sold | $200,000 |
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