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Land with Home for Sale in Malabar, Florida

4191 Corey Rd, Malabar, FL 32950

$699,500
2.4 acres
pending
Under contract

Under contract-accepting backup offers. NEW VALUE!! MAJOR PRICE IMPROVEMENT!! SELLER IS READY TO MAKE A MOVE!! NO FLOOD INSURANCE REQUIRED!! NO HOA!! LOW INSURANCE WITH AGRICULTURAL/RESIDENTIAL ZONING!!

This is a one-of-a-kind property you have to see in person to take in all that it has! A Beautiful private estate where you will feel like you are on an exotic vacation year-round, framed by magnificent granddaddy oaks, lush landscaping, and exceptional natural privacy, offering a unique slice of Old Florida on 2.4 acres. This two-story home offers 4,332 total square feet with 2,312 square feet of living area, featuring 5 bedrooms, 3 bathrooms, and covered parking beneath the home for up to 4 vehicles. Featuring a private and independent entrance, the lower level provides ideal space for an in-law suite, home office, gym, workshop, or flex space. Property is zoned Agricultural with an impressively low annual premium of approximately $2,700. The property includes a four-stall horse stable with electric, a chicken coop with 11 hens producing approximately 4 dozen eggs weekly, a 10' x 20' shed, optional goats, and several tropical fruit trees. Bring the toys! plenty of room for RVs, boats, trailers, equipment, and livestock. The property offers both front and rear access and potential for an additional residence (buyer to verify).

Major improvements include roof (2022), HVAC (2022), electrical updates (2022), remodeled kitchen (2024), double-pane front windows (2023), LVP flooring (2023), gutters (2023), sundeck, screen enclosure, water filtration system, interior and exterior paint (2024), updated bathrooms, new doors, and washer (2025). This prime Grant-Valkaria 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. Homes like this are rarely available--schedule your private showing today.

2,312
Sq feet
5
Beds
3
Full baths
1977
Built

Location

Street address
4191 Corey Rd
Community
Florida Indian Riv Land Compan
Elevation
22 feet
Coordinates
27.952, -80.589

Directions

From I-95, take Exit 173 onto Malabar Rd and head east. Turn right onto S Babcock St, then left onto Valkaria Rd. Turn right onto Corey Rd; the home will be on the left.

Property details

Acreage
2.41 acres
Zoning
AGRICULTUR
MLS #
MFRMLS O6366691
Posted

Property taxes

2025
$3,964

Parcels

  • 29 3724-00-262

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Carport
Features
Balcony, French Doors

Structure

Heating
Central, Fireplace(s)
Cooling
Central Air
Materials
Wood Siding
Roof
Shingle

Interior

Room Count
10
Rooms
Bathroom x 3, Bedroom x 5, Dining Room, Kitchen, Living Room
Flooring
Hardwood, Vinyl
Appliances
Dishwasher, Microwave, Range, Refrigerator, Washer
Accessibility
Accessible Elevator Installed
Features
Ceiling Fans(s), Dumbwaiter, Elevator, Primary Bedroom Upstairs

Listing history

DateEventPriceChangeSource
Jan 26, 2026Under contract$699,500DBAAR
Jan 19, 2026Price drop$699,500$30,000 -4.1%DBAAR
Dec 10, 2025New listing$729,500DBAAR
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This 2.41-acre property is located at 4191 Corey Rd in Malabar, FL 32950. The property is pending sale. It has a 2,312 sq ft 5 bedroom, 3 bath house built in 1977.

Checked 2 hours ago — Updated

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