586 WETHERSFIELD PLACE, MELBOURNE, FL, 32940
Active350 days on marketListed Nov 21, 2025MLS #O6361423
About this home
586 WETHERSFIELD PLACE
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. Six garages, including two tall enough for car enthusiasts' prized collections, offer ample space for all your vehicles. Step inside to experience unrivaled architectural elegance where luxury meets functionality. With eight bedrooms and twelve baths, the home is designed for comfort, convenience, family and warmth. Antique railroad ties from Great Salt Lakes grace the living room, and hand-hewn beams from Canada add rustic charm to the family room. The property's brilliance extends to its mechanical features, including a hardwired whole-house generator and an auto-leveling pool system. The downstairs apartment, designed for later-life needs, features soundproofed walls and wider door openings for accessibility. A Culinary Haven; the main kitchen, adorned with antique barn beams, is a chef's delight. Complimented by a beautifully designed scullery, seamlessly connected for effortless prep, serving, and cleanup. This elevated culinary layout shines whether hosting intimate dinners or grand soirées. This estate is not just a home, it's a legacy waiting for the right owner to appreciate its unparalleled craftsmanship and unmatched luxury. Are you ready to step into a world of exclusive refinement? Experience the splendor of this luxury multigenerational estate and make it the backdrop of your life's best moments. Come and see for yourself!
Facts & features
The home at a glance
8
Bedrooms
9.5
Bathrooms
10,869
Sqft
1.77 ac
Lot size
8
Garage
2007
Year built
Three Or More
Levels
$363
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$28,159 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$28,159/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Melbourne actives
$363 vs $208
Days on market
350 vs 69 typical
Where $363/sqft sits among the 84 Melbourne actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The numbers that matter
The Melbourne market
$394K → $402K
Melbourne median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
58 of 84
Melbourne actives have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1062% above the Melbourne median. See the full Melbourne market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 586 WETHERSFIELD PLACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 586 WETHERSFIELD PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
586 WETHERSFIELD PLACE FAQs
What would the monthly payment be for 586 WETHERSFIELD PLACE?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $28,159/mo — principal and interest, the actual property-tax bill, the $39/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 586 WETHERSFIELD PLACE?+
The association fee works out to $39 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 586 WETHERSFIELD PLACE?+
The most recent tax bill on record (2024) was $19,462. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 586 WETHERSFIELD PLACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Melbourne?+
At $3,950,000, this home is listed about 1062% above the Melbourne median of $340,000. The market section on this page shows how the area is trending.
The brief
Four things that matter here
01Positioned at the premium end
$3,950,000 runs 1062% above the Melbourne median — but at 10,869 sqft it's also nearly 6 times the size of the typical Melbourne listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
350 days on market against a Melbourne median of 69 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $4,750,000, now $3,950,000 — a $800K cut. The full history is in the market section below.
Listing courtesy of ONE SOTHEBYS INTERNATIONAL REALTY · Andy Noble. MLS #O6361423.
IDX 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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