$773,800
- 4 Beds
- 2.5 Baths
- 2,793 sqft (on 0.38 acres)
705 Spring Lake Dr, Melbourne, FL 32940
Est. Refi. Payment $5,296/mo*
Refinance Your HomeCurrently Off Market - Sold Apr 3, 2020 for $535,000
Home Value
Trulia Estimate
$774KSince last month
Increased$2K (+0.2%)Since last year
Increased$10K (+1.4%)Since last sale
Increased$235K (+43.9%)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 +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $770K |
| September 2026 | $774K |
| August 2026 | $768K |
| July 2026 | $768K |
| June 2026 | $767K |
| May 2026 | $762K |
| April 2026 | $775K |
| March 2026 | $767K |
| February 2026 | $760K |
| January 2026 | $738K |
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 |
|---|---|---|---|---|---|---|
0.02 | $789,400 | 4 | 3 | 3,642 | Off Market | |
0.04 | $733,800 | 4 | 3 | 2,760 | Off Market | |
0.04 | $436,000 | 4 | 3 | 2,475 | Off Market | |
0.04 | $648,500 | 4 | 3 | 2,448 | Off Market | |
0.04 | $828,300 | 4 | 3.5 | 2,900 | Off Market | |
0.05 | $772,800 | 4 | 3 | 2,660 | Off Market | |
0.06 | $814,400 | 4 | 3.5 | 2,867 | Off Market | |
0.06 | $756,300 | 3 | 2 | 2,573 | Off Market | |
0.06 | $676,100 | 4 | 3 | 2,633 | Off Market | |
0.07 | $716,700 | 4 | 3 | 3,598 | Off Market | |
0.07 | $684,900 | 3 | 2.5 | 2,621 | Off Market | |
0.08 | $647,000 | 4 | 2 | 2,646 | Off Market | |
0.08 | $738,600 | 4 | 3 | 2,877 | Off Market | |
0.08 | $583,300 | 3 | 3 | 2,373 | Off Market | |
0.08 | $822,800 | 4 | 3 | 2,395 | Off Market | |
0.08 | $712,300 | 4 | 3 | 2,243 | Off Market | |
0.08 | $747,500 | 4 | 3 | 3,475 | Off Market | |
0.09 | $610,400 | 4 | 3 | 2,332 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1987
0.38 acre lot
2,793 sqft
$277/sqft
Garage
About this House
Beautiful setting in highly desirable Suntree neighborhood. Spacious master suite, living room, kitchen, and family room with panoramic golf course views. Stainless steel appliances and walk-in pantry. Gorgeous patio and pool area. Split floor plan. Hardwood and tile throughout. Top schools. Fast, easy access to shopping and beaches. This is Florida living as it was meant to be!
705 Spring Lake Dr, Melbourne, FL 32940 is a 4 bedroom, 3 bathroom, 2,793 sqft single-family home built in 1987. It last sold for $535,000 on Apr 3, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $773,800, with a rent estimate of $4,175/month.
Home Details for 705 Spring Lake Dr
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Interior Details Number of Rooms: 7Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, PantryCeiling Fan |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceHot Tub or Spa |
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Exterior Home Features Roof: TileDeckExterior: StuccoSprinkler System |
Pool Pool |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1987Year Updated: 2004 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.38 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Apr 3, 2020 Source: Space Coast AOR #872672 | Sold | $535,000 |
Mar 3, 2020 Source: N/A | Pending | $525,000 |
Mar 1, 2020 Source: N/A | Listed For Sale | $525,000 |
Dec 20, 2002 Source: N/A | Sold | $270,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,633 | $602,070 |
Home facts updated by county records
Market trends in Melbourne
Last updated August 2026
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 705 Spring Lake Dr
- What is 705 Spring Lake Dr estimated to be worth?Trulia's estimated value for 705 Spring Lake Dr in Melbourne, FL is $773,800.
- What is the price history for 705 Spring Lake Dr?705 Spring Lake Dr in Melbourne, FL last sold for $535,000 in April 2020.
- 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 705 Spring Lake Dr have a pool?Yes, 705 Spring Lake Dr in Melbourne, FL has a pool.
- Does 705 Spring Lake Dr have laundry facilities?Yes, 705 Spring Lake Dr in Melbourne, FL has in-unit laundry.