586 Wethersfield Place, photo 1
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Overview

8 bd12 ba10,869 sqft8 car garageSingle Family
TypeSingle Family
HOA$465/mo
Built2007
Lot77,101 sqft
Living area10,869 sqft
Price / sqft$437
Garage8 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

586 Wethersfield Place is a 2007-built home in Oak Park At Suntree Replat 1, Melbourne. Inside you'll find 8 bedrooms, 12 bathrooms, and 10,869 square feet of living space. Listed at $4,750,000 (about $437/sqft), 325 days on market. HOA runs $465 monthly.

From the listing

Welcome to 586 Wethersfield Place, an unparalleled luxury sanctuary nestled in the heart of Melbourne, Florida. This exquisite property redefines opulence offering discerning buyers a unique blend of grandeur and privacy. A Masterpiece of Architectural Excellence and constructed with the utmost attention to detail, this property stands proudly on a solid concrete poured block foundation, meticulously reinforced with double steel rebar ensuring both strength and security. Imagine waking up to the serene views of a protected wildlife preserve while enjoying complete privacy on this north-south oriented lot. The award-winning landscape, designed by Susan Hall, enhances the beauty of this estate with antique, reclaimed Chicago brick adding layers of history and character. Dive into relaxation with your own 85,000-gallon saltwater pool and spa, bathed in sunlight for 12 hours daily, yet cleverly designed to keep the home cool.

The essentials

Built
2007
Price / sqft
$437
On market
325 days
Annual tax
$19,462
HOA
$465/mo
Lot
77,101 sqft
Type
Single Family Residence

At a glance

Single family
Built 2007
Private pool
8 car garage
1.77 acres
Lot size
10,869 sqft
Living area

Payment

Est. monthly payment
$29,235/mo
Down payment (20%)
$950,000
Property taxes
$1,622/mo
HOA
$465/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2007
Lot
77,101 sqft
Cooling
-
Heating
-
Parking
-
Pool
Yes
Days on Market
325
Annual Tax (2024)
$19,462

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Oak Park At Suntree Replat 1
County
Brevard
Lot Size
77,101 sqft
HOA
$465/mo

Price history

Date
Event
Price
11/21/2025
Listed for sale
Source: Stellar MLS #O6361423
$4,750,000
$437/sqft

Neighborhood

586 Wethersfield Place
Melbourne, FL, 32940

Market insights

Offer Insights

Choose an offer strength

List price: $4,750,000
$4.73M – $4.75M
99.5% – 100% of listTops out right at the list price
80% of listList price
18 of the last 28 home closings in 32940 landed at this number or higher (64%). The median one sat 13 days before it went under contract, and this one is on day 325.

Sample: 28 closed home sales in 32940 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$29,235/mo
Principal & interest$24,773
Property taxes$1,622
Insurance$2,375
HOA$465
Down payment20% · $950,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$4,750,000

$437 per sq ft

Beds and baths

8 beds, 12 baths

Size

10,869 sq ft

Time on market

325 days

Year built

2007

Monthly payment

About $29,235/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $19,462 annual tax bill, insurance, and the $465/mo HOA fee.

HOA fee

$465/mo

Offer

What should I offer?

Have another question?

Brokered byONE SOTHEBYS INTERNATIONAL REALTYListing agent: Andy NobleListing data from Stellar MLS, MLS# O6361423.

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