261 Arrowhead Ln, Melbourne Beach, FL 32951
Property image
Property image
OFF MARKET

$1,014,700

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,936 sqft

261 Arrowhead Ln, Melbourne Beach, FL 32951

Est. Refi. Payment $6,713/mo*
Refinance Your Home
Currently Off Market - Sold May 17, 2023 for $957,500

Home Value

Trulia Estimate
$1.01M
Since last month
Decreased$3K (-0.3%)
Since last year
Decreased$31K (-3%)
Since last sale
Increased$57K (+6%)
Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.

Trulia Estimate

The of this home's value increased by +70% in the last 10 years
MonthEstimated value
2026
September 2026$1.01M
August 2026$1.02M
July 2026$1.01M
June 2026$1.04M
May 2026$1.04M
April 2026$1.05M
March 2026$1.05M
February 2026$1.03M
January 2026$1.01M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
259 Nikomas Way, Melbourne Beach, FL 32951
0.02
$1,083,800
3
2
3,086
Off Market
290 Nikomas Way, Melbourne Beach, FL 32951
0.06
$567,200
3
3
1,562
Off Market
325 Hiawatha Way, Melbourne Beach, FL 32951
0.21
$756,800
4
2
1,644
Off Market
314 Hiawatha Way, Melbourne Beach, FL 32951
0.17
$947,300
4
2
2,300
Off Market
302 Hiawatha Way, Melbourne Beach, FL 32951
0.14
$1,148,200
3
3
2,457
Off Market
296 Hiawatha Way, Melbourne Beach, FL 32951
0.13
$1,044,100
4
3
2,511
Off Market
275 Arrowhead Ln, Melbourne Beach, FL 32951
0.06
$1,013,700
3
2
2,207
Off Market
281 Arrowhead Ln, Melbourne Beach, FL 32951
0.07
$1,144,900
4
3
2,814
Off Market
293 Arrowhead Ln, Melbourne Beach, FL 32951
0.09
$762,500
3
2
1,578
Off Market
299 Arrowhead Ln, Melbourne Beach, FL 32951
0.10
$895,600
3
3
2,121
Off Market
305 Arrowhead Ln, Melbourne Beach, FL 32951
0.11
$692,500
3
2
1,816
Off Market
311 Arrowhead Ln, Melbourne Beach, FL 32951
0.13
$963,000
3
2
2,016
For Sale

Local Information

  • Map ViewExplore the area around 261 Arrowhead Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1987
2,936 sqft
$346/sqft
Garage

About this House

What's unique:Wood beamed ceilingsWater toysOpen floor planStainless steel appliancesThree-tier deckHuge private backyard
Bring your Boat & Make this your vacation dream home or Upgrade your residence and move to this Deep water Canal front house with New Sea Wall and Boat lift. This stellar location provides quick access to the Indian River with the Ocean being just a 10 minute boat ride! This Melbourne Beach Cottage style Pool home has a ton of potential. Located on a corner lot with large Driveway, side entry garage and awesome wood deck that leading to the dock. This 2 story home features 3 bedrooms, 3 baths a nice loft area / 2nd family room and an extra room over the garage that can easily be another bedroom, theater room or bonus room with buildout.
261 Arrowhead Ln, Melbourne Beach, FL 32951 is a 3 bedroom, 3 bathroom, 2,936 sqft single-family home built in 1987. It last sold for $957,500 on May 17, 2023. More recently, it was listed as a rental in May 2014 with an asking price of $3,500 per month. That rental listing was removed on October 16, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,014,700, with a rent estimate of $5,225/month.

Home Details for 261 Arrowhead Ln

Interior Features

Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Interior Details
AtticTypes of Rooms: Dining Room, Family Room, Master Bath, Office, Sun RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Asphalt, MetalDeckExterior: OtherPatioSprinkler System
Pool
Pool
Parking & Garage
GarageParking Spaces: 6Parking: Garage Attached, Off Street

Property Information

Year Built
Year Built: 1987Year Updated: 2021
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price and Tax history

DateEventPrice
May 17, 2023
Source: BeachesMLS #R10873977
Sold
$957,500
Apr 9, 2023
Source: Space Coast AOR #948243
Contingent
$989,000
Apr 9, 2023
Source: BeachesMLS #RX-10873977
Pending
$989,000
Mar 3, 2023
Source: Space Coast AOR #948243
PendingToActive
$989,000
Feb 27, 2023
Source: Space Coast AOR #948243
Contingent
$989,000

Market trends in Melbourne Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
159
8MoM

Around this home

What Locals Say about Melbourne Beach

At least 43 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 91 % Say parking is easy

  • 90 % Say car is needed

  • 86 % Say people would walk alone at night

  • 84 % Say yards are well-kept

  • 83 % Say it's quiet

  • 74 % Say they plan to stay for at least 5 years

  • 72 % Say there's holiday spirit

  • 70 % Say there are community events

  • 65 % Say neighbors are friendly

  • 60 % Say there's wildlife

  • 59 % Say there are sidewalks

  • 57 % Say kids play outside

  • 55 % Say streets are well-lit

  • 52 % Say it's walkable to restaurants

  • 38 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • jodi rita
    "I’m in a community we have lights so it makes it easy and safe to walk the dog at night"
    0
    Flag
  • Steven Rodrigo
    "Family friendly town with a wonderful small town beach feel. "
    0
    Flag
  • Steven Rodrigo
    "There are no high rise buildings in Melbourne Beach. Cities north and south of Melbourne Beach are building up. Not Melbourne Beach. It is a wonderful place to enjoy the beach, great food, and raise a family."
    0
    Flag
  • Steven Rodrigo
    "Melbourne Beach hasn’t been tainted by big business or land developers looking to build big hotels. It still maintains its small town charm through the years. It’s a great place to raise kids and have pets."
    0
    Flag
  • Rledwards35
    "There are Christmas parades, Turkey Trot 5ks, Firehouse provided pancake breakfasts, and beach clean-up events."
    1
    Flag
  • Allison_hokyfield
    "This is a fabulous neighborhood with a tropical feel. It is very safe and always people out walking etc. love living here with kids!"
    0
    Flag
  • k66hunt
    "Melbourne Beach is primarily older , retired people. To the west part of Melbourne more working families are present. There seems to be many old buildings in Melbourne and not a lot of newer buildings. So many of the older buildings sit empty & make the town look old & dingy. It’s definitely old Florida but that’s why I like it."
    1
    Flag
  • Rledwards35
    "I love this little town. We celebrate the holidays really well! The PD and fire department are very close. I feel so safe. "
    0
    Flag
  • A.landin24
    "Great area for taking walks with your day. Closest dog park is a little ways a way though. Not really supposed to bring your dog to the beach"
    0
    Flag
  • Tonyah E.
    "very quiet and peaceful place to live. neighborhoods are close and very minimal crime. beach is close an every beautiful "
    0
    Flag
  • Avery B.
    "I was born and raised here. I moved to jacksonville and decided to come back! Absolutely love living here where it’s friendly and where I know it is safe."
    0
    Flag
  • Liz D. .
    "It’s very pretty, half of it is on the river and half on the Atlantic. There is a large portion that is unincorporated "
    0
    Flag
  • Danette D.
    "We have the Founders Day events.. Fourth of July visitors..groups use it for pictures like Senior Prom..etc"
    0
    Flag
  • Danette D.
    "I love my community!! People look out for one another and i feel 100% safe here!! Everything you need is within walking distance "
    0
    Flag
  • Gckates
    "wonderful community to raise kids. we are moving here once our house sells and staying for a long time "
    0
    Flag
  • Elizabeth D.
    "We have some of the best public schools in the state. Our property values are consistently higher than the mainland. "
    0
    Flag
  • Cummingdw
    "We have lived in Aquarina Beach & County Club for 3 years. The people are friendly with great hearts for their neighbors."
    10
    Flag
  • Kimberly B
    "Founders Day celebration. Art Shows. Sports events. Triathlons. soccer field. Three parks with kids equipment. Library programs surfing festivals. Church services in the beach. Billy beach groups. Senior center with classes and exercise. Turtle rescues. "
    0
    Flag
  • Bobbytogo
    "There are plenty of quiet side streets, open space and parks near water. Beach park walks as well. neighbors like dogs."
    0
    Flag
  • Sgriner
    "You need a car or you will have to use Uber. There are a lot of things close Publix, 7-11, gas small restaurants"
    0
    Flag
  • Ocean603
    "It takes about 20 minutes to either the north or south bridge to get to mainland and downtown. This is the price paid for living in a retirement paradise away from the daily commute traffic."
    16
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 261 Arrowhead Ln

  • What is 261 Arrowhead Ln estimated to be worth?
    Trulia's estimated value for 261 Arrowhead Ln in Melbourne Beach, FL is $1,014,700.
  • What is the price history for 261 Arrowhead Ln?
    261 Arrowhead Ln in Melbourne Beach, FL last sold for $957,500 in May 2023.
  • Is Melbourne Beach a buyer's or seller's market?
    Melbourne Beach is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Melbourne Beach?
    Residents describe Melbourne Beach, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Melbourne Beach, FL.
  • Does 261 Arrowhead Ln have air conditioning?
    Yes, 261 Arrowhead Ln in Melbourne Beach, FL has air conditioning.
  • Does 261 Arrowhead Ln have a pool?
    Yes, 261 Arrowhead Ln in Melbourne Beach, FL has a pool.

Explore by feature - Pet Friendly

19 pet-friendly rentals in Melbourne Beach, FL

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

6 rentals with an outdoor space in Melbourne Beach, FL

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