506 Banyan Way, Melbourne Beach, FL 32951

$1,100,000 · Pending

MLS #1083910

Price

$1,100,000

Status

Pending

Bedrooms

4

Bathrooms

3.5

Living area

2,463 sq ft

Home type

Single Family Residence

Year built

1962

Lot size

0.31 acres

Full bathrooms

3

Half bathrooms

1

Private pool

Yes

Waterfront

No

New construction

No

HOA

No

55+ community

No

Levels

One

County

Brevard

Garage spaces

2

Annual property taxes

$8,579.61

Subdivision

Island Shores of Melbourne Beach

Style

Ranch

Appliances & Equipment

Dishwasher · Disposal · Dryer · Electric Range · ENERGY STAR Qualified Dishwasher · ENERGY STAR Qualified Refrigerator · ENERGY STAR Qualified Water Heater · Ice Maker · Microwave · Refrigerator · Washer · Wine Cooler

Bathrooms

4 total bathrooms · 3 full bathrooms · 1 half bathroom

Bedrooms

4 total bedrooms

Building

Built in 1962 · Living area: 2463.0 · Building faces South · Levels: One · Construction Materials: Block, Stucco

Cooling

Central Air · Electric · Multi Units

Energy Saving

Energy Efficiency: Appliances, Doors, Water Heater, Windows

Exterior Features

Patio/Porch Features: Covered, Patio, Rear Porch · Outdoor Shower · Impact Windows

Fence

Privacy · Wood

Floors

Tile · Vinyl

Garage

2 spaces

Heating

Central · Electric · Heat Pump

Interior Features

Breakfast Bar · Built-in Features · Ceiling Fan(s) · Guest Suite · Jack and Jill Bath · Kitchen Island · Open Floorplan · Pantry · Primary Bathroom - Shower No Tub · Smart Thermostat · Split Bedrooms · Walk-In Closet(s)

Laundry

Electric Dryer Hookup · In Unit · Washer Hookup

Lot

0.31 acres · Dimensions: 120 x 113 · Sprinklers In Front · Sprinklers In Rear

Parking

Attached · Garage · Garage Door Opener

Pets Policy

Allowed: Yes

Pool

Fenced · In Ground

Property

Updated/Remodeled · Other structures: Gazebo, Shed(s) · Pool

Roof

Metal · Shingle

Sewer

Public Sewer

Utilities

Cable Available · Electricity Connected · Sewer Connected · Water Connected · Water Source: Public · 200+ Amp Service

Elementary school

Gemini

Middle school

Hoover

High school

Melbourne

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About this home

Experience elevated coastal living where timeless design meets exceptional craftsmanship. Completely renovated from the studs up, every inch of this home has been thoughtfully transformed with premium materials, designer finishes, and impeccable attention to detail. From the custom hardware and statement lighting to the luxury vinyl plank flooring and beautifully appointed tilework, every space reflects quality and sophistication. At the center of the home is a stunning open-concept kitchen designed to impress, featuring upgraded natural quartz countertops, a full-height tile backsplash, premium Z-Line appliances, and a show stopping island. The seamless flow into the main living and dining areas creates an inviting setting for both everyday living and effortless entertaining. The newly created primary suite offers a peaceful retreat with designer walk-in closets with custom shelving and a spa-inspired bath highlighted by a zero-entry shower. A second private primary suite on the opposite side of the home provides ideal accommodations for guests or multigenerational living. Two additional bedrooms are connected by a Jack-and-Jill bath, and the thoughtfully designed split-bedroom layout enhances comfort and privacy for everyone. Outdoor living is just as impressive, featuring a beautifully resurfaced pool with designer tile, an elegant outdoor shower, lush new sod, and vibrant landscaping. The newly constructed pergola and welcoming front porch are accented with rich cedar tongue-and-groove ceilings, while the expanded paver patio and driveway, new fencing, and spacious .31-acre homesite provide the perfect setting for a relaxing beach vibe. Beyond its beautiful finishes, this home offers the confidence of virtually all-new infrastructure, including the shingle roof in 2019 and metal roofs in 2026, main HVAC system (2020) and new primary bedroom HVAC system (2026), 50-gallon water heater (2026), impact-rated windows, doors, and sliders, updated water lines and plumbing (no cast iron), modern electrical, and a dedicated indoor laundry room complete with washer and dryer. Perfectly positioned in one of Melbourne Beach's most desirable neighborhoods, this exceptional property is completely move-in ready. For buyers seeking a turnkey experience, the brand-new designer furnishings are also available for purchase. This is a rare opportunity to own a meticulously reimagined coastal retreat where luxury, comfort, and modern convenience come together.

Courtesy of ITG Realty 321-622-2701

Contact LPT Realty at (877) 366-2213 to ask about this home.