$729,500

FOR SALE

4191 Corey Rd

Malabar, Fl, 32950

MLS #O6366691

Subdivision: Florida Indian Riv Land Compan

Building: -

5 Beds

3/- Baths

2312 sqft

$ 315.53 /sqft

Property Details

Experience the beauty of Old Florida on 2.4 acres surrounded by granddaddy oaks, lush greenery, and endless possibilities. A stately oak-lined driveway leads to this unique two-story home elevated on solid cement posts, offering 4,332 total square feet and 2,312 square feet of living area. Upstairs features 4 bedrooms, 2 beautifully updated baths, and a newly renovated kitchen completed in 2024, all easily accessed by a private elevator/dumbwaiter. Major improvements include a newer roof (2022), HVAC (2022), updated electric (2022), double-paned front windows (2023), Pergo flooring (2023), gutters (2023), new banisters and railings (2024), a sundeck off the kitchen (2024), a screen enclosure (2024), new drain fields (2024), a new water filtration system (2024), interior and exterior paint (2024), updated bathrooms (2025), new doors (2025), and a new washer (2025). The finished lower level offers remarkable flexibility, featuring an additional bedroom and full bathroom, ideal for a private in-law suite, dedicated home office, fitness room, game room, or workshop. Outdoor amenities further enhance the property's appeal, including a 4-stall horse stable with electric, a spacious 10' x 20' shed, a chicken coop with 11 active hens producing roughly a dozen eggs weekly, and goats with babies that may remain with the property or be rehomed if desired. The expansive acreage provides abundant space for RVs, trailers, equipment, and agricultural use, offering excellent income-producing potential through boarding, small livestock, or other homestead-based ventures. The front 1.25-acre also offers an excellent opportunity to build an additional residence. This prime Malabar location places you just 2 miles from the Valkaria Airport and The Habitat at Valkaria Golf Course, 3.5 miles from the Indian River's fishing pier and boat ramp, 9 miles from Melbourne Beach, and approximately 20 miles from the world-renowned Sebastian Inlet, with the beloved annual Seafood Festival held each March. Additional advantages include agricultural/residential zoning with low taxes, a variety of tropical fruit trees, dual access from both the front and rear of the property, and no flood insurance requirement, with an impressively low annual premium of approximately $2,700. This exceptional estate blends unmatched versatility, privacy, and the natural beauty of Florida's east coast. A home this unique is truly hard to find, and it's rare to see a property like this hit the market! Don't miss your chance to check it out before it's gone. Call today to schedule a private showing!

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
Dishwasher, Microwave, Range, Refrigerator
Restrictions
-
Furnished
Unfurnished
Flooring
Hardwood, Luxury Vinyl
No. of Floor
-
Terms Considered
Cash, Conventional, FHA, VA Loan
Year Built
1977
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
Ceiling Fans(s), Dumbwaiter, Elevator, PrimaryBedroom Upstairs
Maintenance Fee Includes
-
Governing Bodies
-
Construction
Other, Wood Siding
Security
-
Heating
Central
Garage/Carport
-
Dining Area
-
Exterior
Balcony, French Doors
Pet Restrictions
No
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
A
Listing Office
LOKATION

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Listing Courtesy of: LOKATION