1502 Cypress Trace Dr, Melbourne, FL 32940
Property image
Property image
OFF MARKET

$510,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,085 sqft

1502 Cypress Trace Dr, Melbourne, FL 32940

Est. Refi. Payment $3,393/mo*
Refinance Your Home
Currently Off Market - Sold Sep 23, 2022 for $488,500

Home Value

Trulia Estimate
$510K
Since last month
Decreased$6K (-1.1%)
Since last year
Decreased$3K (-0.5%)
Since last sale
Increased$22K (+4.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +100% in the last 10 years
MonthEstimated value
2026
August 2026$511K
August 2026$510K
July 2026$516K
June 2026$510K
May 2026$511K
April 2026$518K
March 2026$514K
February 2026$514K
January 2026$504K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1048 Spanish Wells Dr, Melbourne, FL
0.30
Single-Family Home
$585,000
05/04/26
3
2
1,998
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1486 Cypress Trace Dr, Melbourne, FL 32940
4.04
$610,000
3
2
2,189
For Sale
1478 Cypress Trace Dr, Melbourne, FL 32940
0.05
$525,400
4
2
1,934
Off Market
1470 Cypress Trace Dr, Melbourne, FL 32940
0.06
$526,600
3
2
2,090
Off Market
1462 Cypress Trace Dr, Melbourne, FL 32940
0.08
$575,700
3
2
2,533
Off Market
1454 Cypress Trace Dr, Melbourne, FL 32940
0.09
$569,900
4
2
2,360
For Sale
1446 Cypress Trace Dr, Melbourne, FL 32940
0.11
$515,900
3
2
1,863
Off Market
1510 Cypress Trace Dr, Melbourne, FL 32940
0.02
$668,400
4
2.5
2,424
Off Market
1518 Cypress Trace Dr, Melbourne, FL 32940
0.03
$597,400
4
2.5
3,053
Off Market
1526 Cypress Trace Dr, Melbourne, FL 32940
0.05
$482,500
3
2
1,795
Recently Sold
1534 Cypress Trace Dr, Melbourne, FL 32940
0.06
$593,700
3
2
2,160
Off Market
1542 Cypress Trace Dr, Melbourne, FL 32940
0.08
$641,300
3
2
2,860
Off Market
1543 Cypress Trace Dr, Melbourne, FL 32940
0.09
$531,100
3
2
2,054
Off Market

Local Information

  • Map ViewExplore the area around 1502 Cypress Trace Dr.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1993
2,085 sqft
$245/sqft
Garage

About this House

Light & Bright Beautiful Suntree Home has 3 Bedrooms plus an Office which could be a 4th Bedroom. This home sits on an oversized lot, with a large, trussed screened porch overlooking the Baytree Golf Course & a lake making your backyard very private and serene, complete with mature fruit trees. This open floor plan has tile flooring in kitchen & baths & wood flooring in main living areas, office and bedrooms! Large Primary Bedroom has 2 walk-in closets, jacuzzi tub, shower and double sinks. Roof 2013, SS Kitchen Appliances 2019, Water Heater 2013, Storm Shutters. This home is located on a street that ends at a cul-de-sac so car traffic is minimal. Close to I95, area restaurants and attractions. Looking in Suntree? This is your home.
1502 Cypress Trace Dr, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 2,085 sqft single-family home built in 1993. It last sold for $488,500 on Sep 23, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $510,100, with a rent estimate of $2,739/month.

Home Details for 1502 Cypress Trace Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 6Types of Rooms: Laundry Room
Appliances & Utilities
DisposalDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StuccoPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1993Year Updated: 1999
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 10018 sqft

Price and Tax history

DateEventPrice
Sep 23, 2022
Source: Space Coast AOR #941210
Sold
$488,500
Sep 23, 2022
Source: RE/MAX International #941210
Pending
$500,000
Sep 23, 2022
Source: RE/MAX International
ListingRemoved
Sep 3, 2022
Source: RE/MAX International #941210
Pending
$500,000
Sep 3, 2022
Source: Space Coast AOR #941210
Contingent
$500,000

Market trends in Melbourne

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM

Around this home

What Locals Say about Melbourne

At least 923 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 88 % Say it's dog friendly

  • 83 % Say parking is easy

  • 74 % Say yards are well-kept

  • 74 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 69 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 61 % Say kids play outside

  • 58 % Say streets are well-lit

  • 53 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to grocery stores

  • 40 % Say it's walkable to restaurants

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nansi
    "Don’t go down University Blvd. The fish at public’s will probably be the most fresh you’ll be able to find around here. People generally keep to themselves and only speak to you when spoken to. Not much else. "
    1
    Flag
  • M8w6ftxvph
    "No parks with playgrounds for kids to play; no sidewalks except on the main road; lots of through traffic & noise from airport; not everyone maintains their yard..."
    1
    Flag
  • Sharon L Hardy
    "We have a wonderful clubhouse that schedules all sorts of events, and activities for the families that live here and for the children. they even have a mom’s night at ldad’s night babysitting night, every kind of social club you can think of"
    0
    Flag
  • Jacqueline Malinowska
    "The Eau Gallie section of Melbournes is in the north and used to be a city of its own. It seems to have a different style "
    0
    Flag
  • Toddtreadway
    "Wonderful, family and retiree oriented neighborhood with beautiful homes! Our neighbors are very nice and we always look forward to the monthly/quarterly/annual parties and gatherings!"
    0
    Flag
  • Jacqueline Malinowska
    "Schools are good and some are very good. This is a family friendly city. Many high tech jobs and the nearby Space Center make this area unique "
    0
    Flag
  • Walter_falk_texas
    "Family and retirement friendly with a good mix of working families. Space, technology and services industry. "
    0
    Flag
  • Steven Rodrigo
    "Numerous events held at the local park here in Melbourne Beach. The Pineapple Man Triathlon is the oldest Triathlon in Florida held here. Founders day is also a huge event that happens the first Saturday in May."
    0
    Flag
  • Christine Brown
    "Dog friendly area with several designated walking areas for dogs. All on leashes no loose animals allowed"
    0
    Flag
  • Ywd4sb4dch
    "Wickham park has events all the time. Very family friendly . There are 1-2 events at this park every week. "
    0
    Flag
  • 5x6s6yrvym
    "Various, especially Historical Down Town Melbourne . St. Patrick parade is the best. "
    0
    Flag
  • Steven Rodrigo
    "No high rises allowed. Still a harbor and beach town. The people are extremely friendly and the Island Root kava bar is awesomely!"
    0
    Flag
  • Digglegiggle
    "Almost everyone has dogs. Most owners are respectful and walk their dogs in the neighborhood. It’s been a good community to live in. "
    0
    Flag
  • Alexmorales122078
    "Is great !! Sadly like any other great area the builders have gone greedy and houses are getting stack super close and there is just too many people !"
    9
    Flag
  • Christine Brown
    "We have a lot of things like art shows, parades, craft shows, holiday festivals, ect in downtown Melbourne. Melbourne is really just a place that is an easy paced, not over populated great place to live. "
    5
    Flag
  • Walter_falk_texas
    "Great community with nice neighbors and close to beach and shopping. Safe and well maintained. HOA is fairly priced. "
    2
    Flag
  • James Behan
    "Not sure what community events make our neighborhood different but we live beach side and getting around is easy, shopping within a mile or two "
    2
    Flag
  • Iowafsu
    "Suntree is great. We have lived here for over 20 years and raised our kids here. The schools are great and the area is convenient to shopping and amenities. "
    1
    Flag
  • Ninacgibilaro
    "Seeet and very nice people we love the people that live on our street and n our neighborhood this is the best place to live or stay "
    1
    Flag
  • Iowafsu
    "We raised our kids here (20 years). My neighbor is the 1st owner of their house from the early 1980s. We know 99% of the neighbors in our neighborhood and we all look out for each other."
    4
    Flag
  • Trulia User
    "We walk our dogs 3 to 6 times a day and there’s always someone out walking or riding cars. The houses and yards are very well manicured."
    0
    Flag
  • Melbourne Family
    "Been here 20 years and raised our kids in Suntree…great for all ages. Schools are excellent. Close proximity to the ocean and a short drive to Disney."
    2
    Flag
  • Marilyn Arnold
    "Nothing much to say about Melbourne neighbors except too many renters and too much traffic. Roads are bad"
    0
    Flag
  • Rssllgolf
    "Restaurants, groceries, and medical facilities. Suntree is beautifully landscaped and maintained with great schools, community centers, and parks. Close to many cultural gems. "
    0
    Flag
  • Kyle Renner
    "Technically it’s on Beachside, but the dog beach is a big plus. There are plenty of dog-friendly businesses too that won’t give you issues about bringing your pups."
    2
    Flag
  • Sedamac
    "I live in Suntree, 32940. I believe it is the best part of the county. Beach is a short drive away. Best schools of the County. Walking, fishing, biking, golfing. Super clean and safe neighborhood. People walk and everyone is friendly. No crime here. Elementary school is really awesome. Quiet and 1-2 mile to everything you may need. Doctors, restaurants, contry club, river, etc. You don’t lose power during hurricane here. Lots are bigger so you are not into each other’s face. Green and shade by the trees. Love it here! Best middle and high school is zoned for 32940. "
    15
    Flag
  • Robin H.
    "Living here is a pleasure. The people are kind, the city is clean, and e have easy access to many stores and restaurants. It’s a safe neighborhood!"
    12
    Flag
  • Robin H.
    "It’s a wonderful place to live! We have kind neighbors, helpful and friendly community, lots to do, easy access to stores, parks etc! It’s safe and clean and truly wonderful!"
    8
    Flag
  • Toddtreadway
    "What a great mix of retirees and young folks with kids! Beautiful houses with clay tile roofs and great weather. Very active community groups for all types...retirees, neighborhoods, moms/dads with kids, golfers, surfers. Love this area! And the Brevard Zoo is great."
    0
    Flag
  • Maryannirribarra
    "many people have dogs here and can walk them in our complex or at local parks. I do not own a dog but it seems a good place for them."
    0
    Flag
  • Edgar H.
    "tranquil and peaceful. most of the population are retired and snowbirds. golfing, fishing and surfing are most common activities among this population."
    0
    Flag
  • Trulia User
    "No public transportation, traffic isn’t terrible but there are so many schools in this small area that you don’t want to go anywhere from V 2-5"
    12
    Flag
  • Jose D. G.
    "They would love the abundant of trees and grass around the neighborhood. No heavy traffic in most neighborhoods either "
    0
    Flag
  • Jeband
    "I commute by car 11 miles to work. Public transportation is not easily accessed in this county and define not in my neighborhood. "
    4
    Flag
  • Drew36861
    "The traffic in the area is heavy but it's a very clean and safe community. close to great shopping and dining , many Winton walking distance"
    0
    Flag
  • Chancegulick
    "I have lived in this neighborhood for 10 years and this neighborhood is not very friendly, lots of crime, car jacking, etc. not dog friendly streets. There is also lots of traffic during rush hour recently. The Melbourne neighborhood does not have much uniqueness."
    0
    Flag
  • Decordova63
    "Picking up there own dog poop but great area to walk dog no speeders and safe neighborhood! Highly recommended Melbourne"
    11
    Flag
  • Ste0698ve
    "People are walking their dogs all the time. I see them everyday, but sometimes they are off leash and shouldn’t be."
    3
    Flag
  • Christine_gaul
    "Love the area. Very close to everything . Easy access to highways and the beach. Quite and neighborhood is very well kept"
    1
    Flag
  • Karen P.
    "Very nice and quiet, neighborhood, Street and parking it easy! Nice live in Melbourne! Very good ! "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1502 Cypress Trace Dr

  • What is 1502 Cypress Trace Dr estimated to be worth?
    Trulia's estimated value for 1502 Cypress Trace Dr in Melbourne, FL is $510,100.
  • What is the price history for 1502 Cypress Trace Dr?
    1502 Cypress Trace Dr in Melbourne, FL last sold for $488,500 in September 2022.
  • Is Melbourne a buyer's or seller's market?
    Melbourne is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Melbourne?
    The median sale price in Melbourne is $371K. That is up $3.17K from the prior month.
  • Does 1502 Cypress Trace Dr have laundry facilities?
    Yes, 1502 Cypress Trace Dr in Melbourne, FL has in-unit laundry.
  • How big is the lot at 1502 Cypress Trace Dr?
    The lot at 1502 Cypress Trace Dr in Melbourne, FL is about 0.23 acres (10,019 sq ft).

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