Malabar Lakes West .52-Acre Pool Home with Space to Gather, Room to Grow, Freedom to Live. Some homes simply check boxes. This one creates a lifestyle. Situated on a fully fenced .52-acre homesite in desirable Malabar Lakes West, this spacious 5-bedroom, 3-bath pool home blends comfort, flexibility, and outdoor living into one exceptional property. Whether you’re hosting holidays, accommodating extended family, working from home, or simply craving more space and privacy, this home was designed to adapt to the way you live. Inside, you’ll find multiple living and dining areas, soaring ceilings, crown molding, ceiling fans throughout, and fresh professional interior paint in Sherwin-Williams Marshmallow. A sought after first-floor bedroom and full bath creates the perfect setup for guests, in-laws, a home office, or multi-generational living. The kitchen serves as the heart of the home, offering granite countertops, freshly painted cabinetry, pantry storage, a breakfast nook, and an oversized peninsula with seating for four. Recent upgrades include a brand-new stainless-steel refrigerator, dishwasher, garbage disposal, and workstation sink featuring a waterfall vegetable faucet, integrated pressurized cup washer, and durable easy to maintain design making meal prep and entertaining a pleasure. Upstairs, retreat to the oversized primary suite featuring a walk-in closet and a beautifully renovated spa-inspired bathroom. The custom walk-in tiled shower includes a rainfall shower head, dual body spray wands, built-in bench seating, modern finishes, and a Bluetooth-enabled exhaust fan that brings a luxury hotel feel to your daily routine. Step outside and discover where this property truly shines. The screened pool with waterfall feature creates a private backyard oasis, while the expansive fenced yard offers room for pets, play, gardening, entertaining, and future possibilities. Gather around the custom fire pit area, enjoy the mature landscaping, or simply relax knowing you have space that is increasingly difficult to find. A gated side parking area provides room to bring your boat, RV, trailer, recreational vehicles, and all your toys without HOA parking restrictions. Home additionally features a brand-new 2025 roof, 2025 fencing, 2024 gutters, 2024 pool pump, fresh landscaping and mulch, exterior pressure washing, new staircase carpeting, new laminate flooring throughout the upstairs bedrooms, loft and guest bath, updated toilets, new refrigerator water line, new garage door opener, second-floor impact windows with tint, remote blinds, exterior paint, and a newer water heater. Comfort is enhanced with dual-zone climate control, featuring a brand-new downstairs HVAC system and an upstairs system that has been recently serviced and maintained. With low HOA dues of only $450 per year, an oversized homesite, extensive updates, a resort-style backyard, and room for every stage of life, this Malabar Lakes West residence offers something increasingly rare in today’s market: the freedom to spread out, entertain, store your toys, and truly enjoy the Florida lifestyle. This isn’t just a house it’s the place where your next chapter begins.
Listing Provided Courtesy of Atlantic Key Realty Group at 772-643-7989
Property Details
Price:
$499,000
MLS #:
B26034150
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MALABAR LAKES WEST SUBDIVISION PHASE 1A
Neighborhood:
6372brevardcountywofir
Listed Date:
May 29, 2026
Finished Sq Ft:
2,763
Total Sq Ft:
3,652
Lot Size:
986,677,560 sqft / 0.52 acres (approx)
Year Built:
2004
ContemporaryPool6372 – Brevard County (w Of Ir)6372brevardcountywofirMalabar Lakes West Subdivision Phase 1aJupiterPets Allowed
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Schools
Elementary School:
Jupiter
Interior
Appliances
Electric Water Heater, Range, Dishwasher, Dryer, Electric Range, ENERGY STAR Qualified Refrigerator, Ice Maker, Microwave, Refrigerator, Washer, Water Heater
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Carpet, Laminate, Tile, Wood
Heating
Central, Electric
Interior Features
Cathedral Ceiling(s), High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry Features
In Unit, Inside, Laundry Room, Upper Level, Washer Hookup
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
4
Exterior
Architectural Style
Contemporary
Association Amenities
Maintained Community, Street Lights
Attached Garage YN
1
Construction Materials
Concrete Block – With Stucco, Frame, Stone, Stucco
Covered Spaces
2
Direction Faces
West
Exterior Features
Lighting
Fencing
Back Yard, Fenced, Gate
Garage Spaces
2
Lot Features
Landscaped
Open Parking Spaces
6
Other Structures
None
Parking Features
Attached, Attached Garage, Boat Access/Parking, Driveway, Garage, Garage Door Opener, Gravel, RV Access/Parking
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch – Screened, Patio – Screened, Porch, Glass Enclosed, Patio
Roof
Shingle
Security Features
Smoke Detector(s)
Stories
2
View
Pool, Other
Waterfront Features
None
Window Features
Blinds, Sliding
Financial
HOA Fee
$450
HOA Fee Frequency
Annually
HOA Includes
Common Areas
HOA Name
Malabar Lakes West
HOA Phone
321-989-7471
Tax Year
2025
Taxes
$1,014
Map
Community
- Address321 Allison Drive Palm Bay FL
- SubdivisionMALABAR LAKES WEST SUBDIVISION PHASE 1A
- CityPalm Bay
- CountyBrevard
- Zip Code32908
Subdivisions in Palm Bay
- Cathedral Oaks
- COUNTRY GARDENS II CONDO
- COURTYARDS AT WATERSTONE
- no subdivion
- Port Malabar
- PORT MALABAR UNIT 1
- PORT MALABAR UNIT 17
- PORT MALABAR UNIT 19
- PORT MALABAR UNIT 30
- PORT MALABAR UNIT 32
- PORT MALABAR UNIT 33
- Port Malabar Unit 4
- PORT MALABAR UNIT 42
- PORT MALABAR UNIT 51
- PORT MALABAR UNIT 52
- PORT MALAGAR UNIT 49
- PORT MALIBAR UNIT 30
- STONEBRIAR AT BAYSIDE LAKES
Market Summary
Current real estate data for Single Family in Palm Bay as of Jun 03, 2026
174
Single Family Listed
217
Avg DOM
201
Avg $ / SqFt
$248,163
Avg List Price
Property Summary
- Located in the MALABAR LAKES WEST SUBDIVISION PHASE 1A subdivision, 321 Allison Drive Palm Bay FL is a Single Family for sale in Palm Bay, FL, 32908. It is listed for $499,000 and features 5 beds, 3 baths, and has approximately 2,763 square feet of living space, and was originally constructed in 2004. The current price per square foot is $181. The average price per square foot for Single Family listings in Palm Bay is $201. The average listing price for Single Family in Palm Bay is $248,163.
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