Virtual TourMap

For SaleSingle Family ResidenceActive

1295 S Banana River Drive

Merritt Island, FL 32952

$2,700,000

154 Days On Site

  • 5Beds
  • 5Baths5 full
  • 4,860Sq Ft
  • $556Per Sq Ft
  • 0.35Acres
  • 2026Built
Subdivision
Banana River Drive Subd
County
Brevard
MLS®
1079164

Overview

Experience the pinnacle of coastal luxury at Marina Bay Estates, Merritt Island's exclusive marina-front enclave. Perfectly positioned on a premier homesite, this exceptional new construction model residence offers an unparalleled blend of sophisticated design, resort-style amenities, and breathtaking views of the marina, Banana River, and iconic Space Coast rocket launches. Designed for elevated waterview living, this five-bedroom, five-bath estate with a private den showcases soaring 12-foot ceilings, expansive impact-rated windows and doors, and seamless indoor-outdoor entertaining spaces. Three private balconies capture stunning panoramic vistas, while the resort-inspired pool and outdoor kitchen create the ultimate setting for entertaining or unwinding in style. Inside, every detail reflects refined craftsmanship and luxury living, including a temperature-controlled wine cellar, dual primary suites designed for comfort and privacy, and spacious open-concept living areas curated for modern elegance. For boating and adventure enthusiasts, the property includes a designated boat slip, a two-car garage, and an impressive 45-foot RV/boat garage -- a rare offering for waterfront luxury homes. Located just steps from the renowned Marker 24 Riverfront Grille and only minutes from Cocoa Beach and Cape Canaveral, this extraordinary residence offers effortless access to dining, beaches, boating, and the very best of Florida's coastal lifestyle.

Listing Snapshot

Price
$2,700,000
Days On Site
154 Days
Bedrooms
5
Inside Area (SqFt)
4,860 sqft
Total Baths
5
Full Baths
5
Partial Baths
0
Lot Size
0.35 Acres
Year Built
2026
MLS® Number
1079164
Status
Active
Property Tax
$1,621.26 (2025)
HOA/Condo/Coop Fees
$300 monthly
Sq Ft Source
Builder

Property Details

General Features

17 items
Acres
0.35
Additional Property Use
Residential, Single Family
Direction Faces
East
Garage
Yes
Garage Spaces
3
Land Lease
No
Levels
Two
Parking
Garage, Garage Door Opener, RV Access/Parking
Pets
Yes
Property Sub Type
Single Family Residence
Security
Smoke Detector(s)
Sewer
Septic Tank, Aerobic Septic
Special Circumstances
Standard
SqFt Total
7,159
Utilities
Cable Available, Electricity Connected, Water Connected
Water Source
Public
Zoning
Residential

Interior Features

7 items
Appliances
Convection Oven, Dishwasher, Double Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Wine Cooler
Cooling
Central Air, Ceiling Fan(s)
Flooring
Tile
Furnished
Unfurnished
Heating
Central
Interior
Built-in Features, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Laundry Features
In Basement, Electric Dryer Hookup, Lower Level, Upper Level

Exterior Features

9 items
Construction Details
Block, Concrete, Stucco
Exterior
Balcony, Outdoor Kitchen, Outdoor Shower
Lot Features
Other
Patio And Porch
Covered, Patio
Pool Features
Heated, In Ground, Salt Water, Private
Private Pool
Yes
Roof
Metal
View
Water, Pool, River
Waterview
Water, Pool, River

Community Features

6 items
Association Amenities
Pool
Association Fee
$300.0
Association Fee Frequency
Monthly
MLS Area
254 - Newfound Harbor
Financing Terms Available
Cash, Conventional, VA Loan
Roads
Asphalt

Location

1295 S Banana River Drive, Merritt Island, FL 32952 · 254 - Newfound Harbor

$3.5M$2.5M$2.5M
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Neighborhood & Commute

ZIP Code 32952

Median household income
$89,986
Income per person
$51,134
Households
10,535
Average household size
2.21
Median age
50.4

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Schools

Elementary School
Tropical
Middle School
Jefferson
High School
Merritt Island

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

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Listing courtesy of Waterman Real Estate, Inc. (321) 215-2100

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-06 10:56 PM EST

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