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4295 Lakeridge Dr, Melbourne, FL, 32934

5beds
2baths
2,317sqft
$569,000
$246price/sqft
$4,249/moest. monthly cost
$169,960/yrincome needed

About This Home

One or more photo(s) has been virtually staged. 1.03 ACRES | ZONED FOR HORSES | ADDITIONAL BUILDABLE LOT 1.03-acre buildable horse-zoned property with pond frontage and 5-bedroom log cabin in Lake Crest. 5-bedroom log cabin surrounded by luxury homes Rare opportunity in Lake Crest—1.03 acres zoned RR-1 with pond frontage, no HOA, and flexibility to build. This 5-bedroom log cabin offers vaulted wood-beam ceilings, a dramatic stone fireplace, open-concept living, and a main-floor primary suite. Solid wood cabinetry, stone counters, and expansive decking create a warm lodge-style atmosphere. With multiple platted lots (Lots 9, 10 & 11), this property offers additional build potential—ideal for a second home, ADU, guest house, barn, or stables (buyer to verify with county). Zoned for horses with room for up to four an acre. Surrounded by luxury homes, this is a rare chance to create a private equestrian retreat in Melbourne.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

5/10
Sabal Elementary SchoolGrades PK-62.0 mi
3/10
Eau Gallie High SchoolGrades PK,9-123.1 mi

Construction

Condition

  • Year built: 1981

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),High Ceilings,Open Floorplan,Primary Bedroom Main Floor,Solid Wood Cabinets,Stone Counters,Walk-In Closet(s)
  • Flooring: Brick/Stone
  • Fireplace features: Family Room,Living Room,Master Bedroom
  • Fireplace: Yes

Great Room

  • Level: First
  • Area: 196
  • Dimensions: 14x14

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,200
  • Total interior livable area: 2,317 sqft

Kitchen

  • Features: Granite Counters
  • Level: First
  • Area: 182
  • Dimensions: 14x13

Primary Bathroom

  • Level: First
  • Area: 60
  • Dimensions: 6x10

Primary Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Area: 338
  • Dimensions: 26x13

Property

Details

  • Parcel number: 27 361150A9
  • Zoning: RR-1
  • Special condition: None
  • Horse amenities: Stable(s)

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Front Porch,Porch,Screened
  • Exterior features: Balcony,Private Entrance,Private Mailbox,Private Yard
  • Has view: Yes
  • View description: Trees/Woods,Water,Pond
  • Has water view: Yes
  • Water view: Water,Pond
  • On waterfront: Yes
  • Waterfront features: Pond,Pond Access
  • Residential vegetation: Wooded

Lot

  • Lot size: 1.03 Acres
  • Features: Zoned for Horses
  • Lot size dimensions: 300 x 150

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Wildfire
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $2,877$34,524
Home Insurance *$512$6,144
Property Taxes $627$7,524
Electricity $233$2,798
Total$4,249$50,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,680/yr
40% on housing$127,470/yr
45% on housing$113,306/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 32934$163
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32934$250
Brevard County$209

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

DateEventPrice
2026-04-28Price change$569,000
2026-02-17Listed for sale$579,000
2006-02-09Sold$330,000
1997-11-24Sold$110,000

For Sale by Agent

AgentDavid Sanchez
BrokerageRE/MAX TOWN CENTRE

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