1 / 25
25 photos
+20
5137 Royal Paddock Way
Merritt Island, FL, 32953
Active$1,450,000
5137 Royal Paddock Way
Merritt Island, FL, 32953
Active$1,450,000
6
Bedrooms
4
Bathrooms
4,327 sqft
Living Area
2005
Year Built
Merritt Island, FL, 32953
Active$1,450,000
Merritt Island, FL, 32953
Active$1,450,000
6
Bedrooms
4
Bathrooms
4,327 sqft
Living Area
2005
Year Built
43,560
Lot Size (sqft)
$1,600
HOA / Annually
Days on Market
AI Aerial Imagery Detection
Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
An extraordinary opportunity to own a custom-built estate crafted by one of the region's most respected luxury builders, originally constructed as a personal residence and perfectly situated on a full acre of beautifully landscaped grounds. Ideally located just minutes from Cocoa Beach, the world-famous shoreline, Port Canaveral, premier shopping, and renowned restaurants--yet privately tucked away within its own peaceful sanctuary. From the elegant old-world textured exterior to the travertine flooring throughout, every detail reflects timeless craftsmanship and refined design. Recent upgrades include a brand-new roof, Viking refrigerator with premium Viking appliances, new water heater, custom front entry door, and new washer. At the heart of the home is a chef's island kitchen featuring rich cherry cabinetry with chocolate glaze, granite countertops, and high-end finishes. The luxurious primary suite offers a spa-inspired bath with soaking tub, wrap-around dual-entry shower, private vanities, and a spacious walk-in closet. Outdoors, a private resort setting awaits with a heated lagoon-style pool, screened lanai with summer kitchen, lush tropical landscaping, and mature fruit trees creating the ultimate Florida retreat. The versatile floor plan includes a refined front office, a private two-bedroom guest wing with full bath, a separate rear guest suite, and an upstairs sixth-bedroom retreat with media/playroom and private balcony, all complemented by a renovated four-car garage complete with EV charging. Thoughtfully designed and impeccably executed, this is more than a residence--it is a legacy estate crafted for luxury living, entertaining, and enduring value.
See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.
Select a date
Merritt Island, FL, 32953
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of One Sotheby's International via Space Coast MLS
Last updated: 6/26/2026
© 2026 Space Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Space Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Estimate your monthly payment for this waterfront property
$290,000 down
Estimated payments only. Actual rates and terms may vary.
$1.1M6340 N HIGHWAY 1
COCOA, FL
Courtesy of KELLER WILLIAMS SPACE COAST via Stellar MLS
$1.5M5075 Dixie Highway NE
Palm Bay, FL
Courtesy of EXP Realty, LLC via Space Coast MLS
$1.3M17 Vip Island A
Grant, FL
Courtesy of Dale Sorensen Real Estate Inc. via Space Coast MLS
$1.9M1489 Rockledge Drive
Rockledge, FL
Courtesy of Compass Florida, LLC via Space Coast MLS
$1.1M124 Aucila Road
Cocoa Beach, FL
Courtesy of Florida State Realty via Space Coast MLS
$1.6M515 Lanternback Island Drive
Satellite Beach, FL
Courtesy of Keller Williams Realty Brevard via Space Coast MLS