Back 586 Lorraine Drive
Off Market

586 Lorraine Drive

Melbourne FL 32935

3
2
1
1526 sq. ft.
8712 sq. ft.
Single-Family
Last sold for $255,000
Pamela VanderveerPamela Vanderveer, last sold this property on 03 April 2026 after 22 days on market.

Overview

This mid-century modern home is a nice blend of quality-built old with new! Including new luxury vinyl plank and/or tile flooring throughout! Freshly painted interior - walls, ceiling, & doors (2026) and exterior (2025). New blinds, electrical outlets & switches, ceiling fans, and light fixtures. New toilets and vanities in both baths. This home has been lovingly maintained by one family since 1964. Large, mostly fenced yard on .2 acres -- NO HOA! Washer & Dryer stay. New ROOF 2015, HWH 2019, A/C Condenser 2018, handler 2012; HWH 2019; upgraded electrical panel 2018; new garage door with opener 2019; and whole house replumb supply lines appx. 2013. On city water & sewer. Close to everything --: 12 min. to the beaches; 5 min. to EGAD, airport, Harris, & Embraer; walk to DRS, Melbourne Courthouse, & West Shore Jr./Sr. High which is across the street! Sellers have made this home Move-in Ready for the new owners including a one-year ''Essential'' home warranty by American Home Shield.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1526 sq. ft. floor area
8712 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Melbourne over the last 12 months, the estimated median property value of 586 Lorraine Drive is $300.17k.

Median value
$300.17k
Estimated value range
$112k - $2.45m
Median days on market
30
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 586 Lorraine Drive

2026
Sold
$255,000
03 Apr 2026 by Pamela Vanderveer, of VANDERVEER PROPERTIES

Happy sellers in Melbourne

87%
87% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom single-family properties in Melbourne

In the last 12 months, 302 three-bedroom single-family properties similar to 586 Lorraine Drive, have been sold.

This represents a 24% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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