5879 LAKE MELROSE DRIVE, ORLANDO, FL, 32829
Active98 days on marketListed May 6, 2026MLS #TB8505480
About this home
5879 LAKE MELROSE DRIVE
Welcome to Lake Melrose gated community with only 81 large homes. This 5-bedroom 3- bath 3-car garage private pool home is located in the highly desirable Melrose subdivision in Vista Lakes. Vista Lakes community is resort like living offering a fitness center, tennis courts, pickle ball courts, community club house you can rent for events, basket ball court, multiple pools, play ground, baseball batting cages, soccer field, scenic walking trails and parks. The home is on a conservation wooded lot no rear neighbors. The home features granite countertops in the kitchen and marble tops in the bathrooms. fully renovated modern bathroom and new hardwood flooring upstairs. Two story entrance. Chef inspired kitchen with granite, a big island double wall convection oven and stainless steel appliances and wine fridge. A large dining room that can hold a very large dining room table perfect for such a beautiful kitchen. The home has a newer roof 6 years old. Plenty of closets for storage. The primary bedroom has a screened in porch with a beautiful view of the wooded conservation and pool below. The home has a very long driveway perfect for hosting in this large home with plenty of parking for your guests. Seller will add a home warranty with the sale of the house.
Facts & features
The home at a glance
5
Bedrooms
3
Bathrooms
3,314
Sqft
0.23 ac
Lot size
3
Garage
2005
Year built
Two
Levels
$223
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.
$5,024 /mo · 10% down Conventional, 30-yr fixed at 6%
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
$5,024/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.
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.
vs edgeAI estimate
−8.2%
$/sqft vs Orlando actives
$223 vs $250
Days on market
98 vs 43 typical
Where $223/sqft sits among the 400 Orlando 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.
Where it sits
Inside Vista East
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Vista East — neighborhood snapshot
Population
11,540
Median age
38
Median income
$120,492
Median home value
$362,733
Avg household
3
Households w/ children
1,672
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
196 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 92% above the ORLANDO 32829 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 5879 LAKE MELROSE DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$805,000
5841 LAKE MELROSE DRIVE · same community
6 bd · 3.5 ba · 4,486 sqft · $179/sqft · 136 DOM
Sold · Jul ’26$680,000
8798 WARWICK SHORE CROSSING
5 bd · 3.5 ba · 3,241 sqft · $210/sqft · 101 DOM
Sold · Oct ’25$660,000
6879 REMINGTON VIEW COURT
5 bd · 3 ba · 3,230 sqft · $204/sqft · 168 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 5879 LAKE MELROSE DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5879 LAKE MELROSE DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5879 LAKE MELROSE DRIVE FAQs
What would the monthly payment be for 5879 LAKE MELROSE DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,024/mo — principal and interest, the actual property-tax bill, the $90/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 5879 LAKE MELROSE DRIVE?+
The association fee works out to $90 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5879 LAKE MELROSE DRIVE?+
The most recent tax bill on record (2025) was $6,117. 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 5879 LAKE MELROSE DRIVE?+
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 Orlando?+
At $739,000, this home is listed about 89% above the Orlando median of $389,995. The market section on this page shows how the area is trending.
Which schools are assigned to 5879 LAKE MELROSE DRIVE?+
Hidden Oaks Elementary (elementary), Liberty Middle (middle), Colonial High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$739,000 runs 92% above the ORLANDO 32829 median — but at 3,314 sqft it's also nearly twice the size of the typical Orlando 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
98 days on market against a Orlando median of 43 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Hidden Oaks Elementary, Liberty Middle, Colonial High — Hidden Oaks Elementary rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $780,000, now $739,000 — a $41K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FLAT FEE MLS REALTY · Stephen Hachey. MLS #TB8505480.
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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