5137 Royal Paddock Way, Merritt Island, FL 32953 (MLS# 1071332)

5137 Royal Paddock Way, Merritt Island, FL 32953

$1,500,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 5,956 Lot Size (sq. ft.): 43,560 Status: Active

Current Price: $1,500,000 List Date: 3/07/2026 Last Modified: 5/24/2026

Overview

Description

An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes.

Supplements: The luxurious primary suite offers a spa-inspired bath with soaking tub, wrap-around dual-entry shower, private vanities, and a spacious walk-in closet. Outdoors, a private resort setting awaits with a heated lagoon-style pool, screened lanai with summer kitchen, lush tropical landscaping, and mature fruit trees creating the ultimate Florida retrea ... (Read more)

Listing Details MLS# 1071332

General Property Information

Bedrooms Total: 6
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 4327
Living Area Source: Public Records
Building Area Total: 5956
Accessibility Features YN: No
New Construction YN: No
Year Built: 2005
Garage YN: Yes
Garage Spaces: 4
Carport YN: No
Lot Size Acres: Yes
Lot Size Square Feet: 43560
Lot Size Dimensions: 131 x 366
Land Lease YN: No
Association YN: Yes
Association Fee: 1600
Association Fee Frequency: Annually
Association Name: Chase Hammock Lakes
CDD Fee YN: No
Community Fee(s) YN: No
Waterfront YN: Yes
Water Body Name: Canal Non-Navigation
Water Frontage Feet: 130
Furnished: Negotiable
Stories: 2
Entry Level: Yes
Direction Faces: West
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 346.66
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Dryer; Electric Water Heater; Gas Oven; Gas Range; Ice Maker; Washer Architectural Style: Craftsman; Traditional Association Amenities: Gated; Security Construction Materials: Block; Concrete; Frame; Stucco Cooling: Central Air Current Use: Residential; Single Family Electric: 200+ Amp Service Exterior Features: Courtyard; Outdoor Kitchen Flooring: Tile; Wood Heating: Central Interior Features: Breakfast Nook; Built-in Features; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Kitchen Island; Open Floorplan; Pantry; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Lower Level Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Garage; Gated; Secured Pool Features: In Ground; Waterfall Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Sewer: Septic Tank Showing Requirements: Appointment Only; Listing Agent Must Accompany Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected View: Pond; Trees/Woods; Water Water Source: Well Waterfront Features: Pond

Contract Information

Original List Price: 1600000
Listing Contract Date: 2026-03-07
Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 5137
Street Name: Royal Paddock
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32953
MLS Area Major: 250 - N Merritt Island
Subdivision Name: Chase Hammock Lakes

Remarks and Miscellaneous

Public Remarks: An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes.

Status Change Information

Major Change Timestamp: 2026-05-13T16:30:45Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-05-13T16:30:45Z
Status Change Timestamp: 2026-03-07

More Information

Closing Company Details

Closing Company Name: Alliance Title
Closing Company Address: 10 S Harbor City Blvd. Melbourne FL 32901

DPR Eligible

DPR Eligible: No

Legal Details

Permission Granted to Advertise: No

Location, Tax, and Legal

Tax Account: 2323211
Parcel Number: 23-36-25-25-E-18
General County Location: Central
Elementary School: Carroll
Middle School: Jefferson
High School: Merritt Island
Directions: From Melbourne Orlando International Airport, take NASA Boulevard west to US-1, head north on US-1, cross the Pineda Causeway (FL-404) toward Merritt Island, then turn left onto South Tropical Trail and follow local roads to 5137 Royal Paddock Way.

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Water Heater: Yes
Gas Oven: Yes
Gas Range: Yes
Ice Maker: Yes
Washer: Yes

Architectural Style

Craftsman: Yes
Traditional: Yes

Association Amenities

Gated: Yes
Security: Yes

Construction Materials

Block: Yes
Concrete: Yes
Frame: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes
Single Family: Yes

Electric

200+ Amp Service: Yes

Exterior Features

Courtyard: Yes
Outdoor Kitchen: Yes

Flooring

Tile: Yes
Wood: Yes

Heating

Central: Yes

Interior Features

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
Kitchen Island: Yes
Open Floorplan: Yes
Pantry: Yes
Primary Downstairs: Yes
Split Bedrooms: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Lower Level: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Other: Yes

Parking Features

Garage: Yes
Gated: Yes
Secured: Yes

Pool Features

In Ground: Yes
Waterfall: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

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

View

Pond: Yes
Trees/Woods: Yes
Water: Yes

Water Source

Well: Yes

Waterfront Features

Pond: Yes

Showing Requirements

Appointment Only: Yes
Listing Agent Must Accompany: Yes

Listing Office: One Sotheby's International

Last Updated: May - 24 - 2026

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