703 Shady Lane, Melbourne, FL 32935
Property image
Property image
SOLD
JUN 3, 2026

703 Shady Lane
Melbourne, FL 32935

  • 2 Beds
  • 1 Bath
  • 916 sqft

$415,000

Last Sold: Jun 3, 2026
3% below list $429K
$453/sqft
Est. Refi. Payment $2,697/mo*
Refinance Your Home

$415,000

Last Sold: Jun 3, 2026
3% below list $429K
$453/sqft
Est. Refi. Payment $2,697/mo*
Refinance Your Home
2 Beds
1 Bath
916 sqft

Home Value

Trulia Estimate
$414K
Since last month
Decreased$300 (-0.1%)
Since last year
Increased$70K (+20.2%)
Since last sale
Decreased$1K (-0.3%)
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 +172% in the last 10 years
MonthEstimated value
2026
August 2026$414K
July 2026$413K
June 2026$414K
May 2026$408K
April 2026$410K
March 2026$411K
February 2026$411K
January 2026$413K
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
555 MONTREAL AVENUE, Melbourne, FL
0.19
Single-Family Home
$360,000
04/17/26
1
1
888
1457 MAPLE AVENUE, Melbourne, FL
0.30
Single-Family Home
$220,000
06/29/26
2
1
840

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
679 Shady Ln, Melbourne, FL 32935
0.02
$398,100
2
2
1,379
Off Market
664 Shady Ln, Melbourne, FL 32935
0.04
$287,100
2
1
896
Off Market
684 Shady Ln, Melbourne, FL 32935
0.03
$265,600
2
1
1,030
Off Market
710 Shady Ln, Melbourne, FL 32935
0.03
$209,700
2
1
780
Off Market
709 Old Oak St, Melbourne, FL 32935
0.04
$238,100
2
1
752
Off Market
709 Shady Ln, Melbourne, FL 32935
0.01
$318,200
3
2
1,406
Off Market
670 Old Oak St, Melbourne, FL 32935
0.07
-
1
1
864
Off Market
665 Old Oak St, Melbourne, FL 32935
0.06
$251,400
3
1
950
Off Market
583 Montreal Ave, Melbourne, FL 32935
0.16
$412,300
3
-
2,391
Off Market
609 Old Oak St, Melbourne, FL 32935
0.11
$286,600
2
2
1,182
Off Market

Local Information

  • Map ViewExplore the area around 703 Shady Lane.
  • Schools2 Preschool Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1934
Living Area
916 sqft
Price/Sqft
$453/sqft

About this House

Recently remodeled 1934 cottage in Melbourne's Eau Gallie Arts District! This charming 2BR/1BA home offers 916 sq. ft. of light-filled living with high ceilings and vintage character. Central A/C. Metal roof. Wood flooring. Kitchen and bathroom were recently renovated. Enjoy a private front yard, spacious back deck, and detached shed with potential for workshop or guest suite. Walk to breweries, shops, art galleries, and the library. Just 1 minute to the Indian River and 5 minutes to the beach. Perfect as a primary home or short-term rental, 703 Shady Lane combines location, lifestyle, and investment potential in one rare find!
703 Shady Lane, Melbourne, FL 32935 is a 2 bedroom, 1 bathroom, 916 sqft single-family home built in 1934. It last sold for $415,000 on Jun 3, 2026 (3% below the $429,000 asking price). It is currently off market. The Trulia Estimate is $413,600, with a rent estimate of $1,687/month.

Home Details for 703 Shady Lane

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 916 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water AvailableAppliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, WasherDishwasherDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Wood

Exterior Features

Exterior Home Features
Roof: MetalNo Private Pool
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 195

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Florida
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 27372106000000002900

Price & Status

Price
List Price: $429,000Price Per Sqft: $453/sqft
Status Change & Dates
Off Market Date: Thu May 21 2026Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MelbourneCommunity: CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE

Building

Building Area
Building Area: 916 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: BeachesMLSNo HOA

Offer

Contingencies: InspectionListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: R11139020Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12009-N-27372106000000002900-R-N

Additional Information

Days On Market Replication: 195
Last check for updates: about 18 hours ago
Listed by Jeremy T Ray, (310) 613-0687
Landmark Investments & Real Estate
Luiz F Machado, (561) 762-3258
Landmark Investments & Real Estate
Bought with: Non-Member, Non-Member Selling Office
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#R11139020

Price and Tax history

DateEventPrice
Jun 3, 2026
Source: BeachesMLS #R11139020
Sold
$415,000
Jan 9, 2023
Source: Space Coast AOR #943471
Sold
$340,000
Apr 7, 2017
Source: Space Coast AOR #779132
Sold
$135,000
Jan 4, 2016
Source: N/A
Sold
$125,000
Aug 31, 2007
Source: N/A
Sold
$165,000

Market trends in Melbourne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$367K
$4.33KMoM
Sale-to-List Price
97.7%
0.2%MoM
Price per sq ft
$222
$1MoM
Available listings
775
58MoM
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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

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Homes for sale near 703 Shady Lane

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Off Market Homes Near 703 Shady Lane

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Frequently asked questions about 703 Shady Lane

  • What is 703 Shady Lane estimated to be worth?
    Trulia's estimated value for 703 Shady Lane in Melbourne, FL is $413,600.
  • What is the price history for 703 Shady Lane?
    703 Shady Lane in Melbourne, FL last sold for $415,000 in June 2026.
  • 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 $367K. That is up $4.33K from the prior month.
  • Does 703 Shady Lane have air conditioning?
    Yes, 703 Shady Lane in Melbourne, FL has air conditioning.
  • Does 703 Shady Lane have laundry facilities?
    Yes, 703 Shady Lane in Melbourne, FL has in-unit laundry.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.