318 Banyan Way, Melbourne Beach, FL 32951 (MLS# 1056619)

318 Banyan Way, Melbourne Beach, FL 32951

$777,500

Virtual Tour

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Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,550 Lot Size (sq. ft.): 13,068 Status: Closed

Current Price: $777,500 List Date: 9/08/2025 Last Modified: 12/01/2025

Overview

Description

This updated pool home features vaulted ceilings with wood beams, skylights, and a bright open floor plan. The gourmet kitchen is a true centerpiece featuring an island cooktop, double ovens, wine fridge, and maple soft touch close cabinets. Additionally, this kitchen offers clear views of your patio & pool. Enjoy multiple living areas, including a cozy brick fireplace and a Florida room with walls of windows overlooking the pool. The owner's suite offers direct patio access and a custom his and hers walk-in closet, while bathrooms are tastefully updated with dual vanities, soaking tub, and walk-in shower. Step outside to your private retreat with a freeform pool, shade sails, tropical landscaping, and spacious patio space for lounging & entertaining. Avocado, Mango & Banana trees. Outdoor shower for convenience. This 4 Bed 3-bathroom beach home has a 4-year-old metal roof, impact rated windows as well as Bahama shutters. 14 X 14 vaulted ceilings. 2020 AC. R-20 Insulation throughout.

Supplements: Circular driveway with 2 car garage offers ample space for parking. The whole backyard is fenced in. This pool holds 17,000 gallons of water. Separate utility room with storage under central ac. Adding to the living sq ft. Large laundry room inside the house not in the garage. Bring your generator. Electric already added. Zoned for great schools. A ... (Read more)

Listing Details MLS# 1056619

General Property Information

Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 2550
Living Area Source: Owner
Accessibility Features YN: No
New Construction YN: No
Year Built: 1970
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Direction Faces: East
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 323.53
Sold Price/SqFt: 304.9
Bathrooms Half: 0

Property Features

Construction Materials: Block; Concrete; Stucco Cooling: Central Air; Electric Current Use: Residential; Single Family Exterior Features: Impact Windows; Outdoor Shower; Storm Shutters Fencing: Back Yard; Wood Flooring: Tile Heating: Central; Electric Interior Features: Breakfast Bar; Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; In-Law Floorplan; Kitchen Island; Open Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Skylight(s); Split Bedrooms; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; In Unit; Lower Level; Sink; Washer Hookup Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Sprinklers In Front; Sprinklers In Rear Parking Features: Attached; Circular Driveway; Garage; Garage Door Opener Patio And Porch Features: Deck; Patio; Porch; Rear Porch Pets Allowed: Yes Pool Features: In Ground; Salt Water Possession: Close Of Escrow Rental Restrictions: No Minimum Road Surface Type: Asphalt Roof: Metal Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Original List Price: 850000
Listing Contract Date: 2025-09-08
Property Sub Type: Single Family Residence
Comp Sale YN: No

Location Tax and Legal

Street Number: 318
Street Name: Banyan
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: River Colony East

Remarks and Miscellaneous

Public Remarks: This updated pool home features vaulted ceilings with wood beams, skylights, and a bright open floor plan. The gourmet kitchen is a true centerpiece featuring an island cooktop, double ovens, wine fridge, and maple soft touch close cabinets. Additionally, this kitchen offers clear views of your patio & pool. Enjoy multiple living areas, including a cozy brick fireplace and a Florida room with walls of windows overlooking the pool. The owner's suite offers direct patio access and a custom his and hers walk-in closet, while bathrooms are tastefully updated with dual vanities, soaking tub, and walk-in shower. Step outside to your private retreat with a freeform pool, shade sails, tropical landscaping, and spacious patio space for lounging & entertaining. Avocado, Mango & Banana trees. Outdoor shower for convenience. This 4 Bed 3-bathroom beach home has a 4-year-old metal roof, impact rated windows as well as Bahama shutters. 14 X 14 vaulted ceilings. 2020 AC. R-20 Insulation throughout.

Status Change Information

Major Change Timestamp: 2025-12-01T18:49:56Z
Major Change Type: Status Change
Price Change Timestamp: 2025-10-06T23:52:53Z
Status Change Timestamp: 2025-12-01
Purchase Contract Date: 2025-10-25
Close Date: 2025-11-26
Close Price: 777500

More Information

Closing Company Details

Closing Company Name: Global Partners Settlements
Closing Company Address: 1049 Eber Blvd #108 Wet Melbourne FL 32904

DPR Eligible

DPR Eligible: No

Fireplace Features

Fireplaces Total: Yes

Legal Details

Permission Granted to Advertise: Yes

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Tax Account: 2847177
Parcel Number: 28-38-06-77-0000e.0-0004.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3873.56
Tax Year: 2023
Directions: Take south riverside dr. Turn left onto andrews dr. Turn left onto Banyan Way

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Residential: Yes
Single Family: Yes

Exterior Features

Impact Windows: Yes
Outdoor Shower: Yes
Storm Shutters: Yes

Fencing

Back Yard: Yes
Wood: Yes

Flooring

Tile: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Built-in Features: Yes
Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Entrance Foyer: Yes
Guest Suite: Yes
His and Hers Closets: Yes
In-Law Floorplan: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Primary Downstairs: Yes
Skylight(s): Yes
Split Bedrooms: Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Lower Level: Yes
Sink: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Sprinklers In Front: Yes
Sprinklers In Rear: Yes

Parking Features

Attached: Yes
Circular Driveway: Yes
Garage: Yes
Garage Door Opener: Yes

Patio And Porch Features

Deck: Yes
Patio: Yes
Porch: Yes
Rear Porch: Yes

Pets Allowed

Yes: Yes

Pool Features

In Ground: Yes
Salt Water: Yes

Possession

Close Of Escrow: Yes

Road Surface Type

Asphalt: Yes

Roof

Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes

Rental Restrictions

No Minimum: Yes

Documents

Flood Disclosure ›

Lead-Based Paint Disclosure ›

Listing Office: EXP Realty, LLC

Last Updated: December - 01 - 2025

Information is deemed to be reliable, but is not guaranteed.