5177 Royal Paddock Way, Merritt Island, FL, 32953
About This Home
Beautifully custom-built home in Merritt Island featuring 4 spacious bedrooms, 2.5 bathrooms, and a 3-car garage. Situated on a full acre in the highly sought-after Chase Hammock Lakes community, this property offers privacy, scenic lake views, and lush tropical landscaping backing up to a natural preserve. The gourmet kitchen features stunning quartz countertops, a professional-grade gas range, stainless steel appliances, a farmhouse sink, and plenty of space for cooking and entertaining. The outdoor living space is vast with a large screened-in pool and a fully equipped summer kitchen--perfect for entertaining or relaxing. With an open floor plan, split bedrooms, high ceilings, designer finishes, and abundant storage throughout, this home offers both elegance and functionality. A must-see property that perfectly blends comfort, style, and Florida living at its finest. Just minutes from the Kennedy Space Center and all of the attractions. Watch and feel rockets from your own backyard!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Roof: Tile
- Construction materials: Concrete,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Freezer,Gas Oven,Gas Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Washer
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,In Unit,Lower Level,Sink,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Guest Suite,His and Hers Closets,Jack and Jill Bath,Kitchen Island,Open Floorplan,Primary Bathroom -Tub with Separate Shower,Primary Downstairs,Vaulted Ceiling(s),Walk-In Closet(s)
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 3,765
- Total interior livable area: 2,557 sqft
Property
Details
- Parcel number: 233625250000e.00014.00
- Zoning description: Residential
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: In Ground,Screen Enclosure
- Patio & porch: Patio,Rear Porch,Screened
- Exterior features: Outdoor Kitchen,Storm Shutters
- Fencing: Invisible
- Has view: Yes
- View description: Lake,Pond,Pool,Protected Preserve
- Has water view: Yes
- Water view: Lake,Pond
- On waterfront: Yes
- Waterfront features: Lake Front
- Waterbody name: Canal Non-Navigation
Lot
- Lot size: 1 Acres
- Features: Few Trees
Parking
- Total spaces: 3
- Parking features: Attached,Garage Door Opener
- 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
- Coastal Flooding
- Hurricane
- Lightning
- Wildfire
- 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 | $4,242 | $50,904 |
| Home Insurance * | $679 | $8,148 |
| Property Taxes | $852 | $10,224 |
| Electricity | $257 | $3,087 |
| Total | $6,030 | $72,360 |
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 |
|---|---|---|
| 2026-04-09 | Listed for sale | $850,000 |
| 2014-03-14 | Sold | $375,000 |
| 2014-03-02 | Pending sale | $389,000 |
| 2013-03-02 | Listing removed | $370,000 |
| 2013-02-03 | Listed for sale | $370,000 |
| 2010-08-24 | Sold | $350,000 |
| 2010-06-11 | Price change | $399,000 |
| 2010-05-29 | Price change | $385,000 |
| 2010-04-10 | Price change | $399,000 |
| 2010-03-20 | Price change | $419,000 |
| 2010-03-06 | Price change | $429,900 |
| 2010-02-19 | Price change | $429,000 |
| 2010-01-16 | Price change | $449,000 |
| 2009-12-19 | Price change | $459,900 |
| 2009-05-15 | Listed for sale | $499,900 |
| 2004-12-02 | Sold | $485,000 |
| 2004-01-30 | Sold | $110,000 |
View on Zillow