4490 Eldorado Way This 1.21-acre property in Melbourne's Lake Washington area gives you something you almost never find anymore: space! The original house was cleared out, and now a solid concrete block shell and foundation remain - perfect if you want to rebuild on existing bones instead of starting completely from scratch. The land has been cleaned up, with mature trees creating a peaceful, natural backdrop for your future single-family home, pool, workshop, or space for your boat/RV. Whether you're dreaming of a modern farmhouse, a quiet retreat, or a multigenerational home, this is your blank canvas in one of Melbourne's most desirable acreage neighborhoods. Bring your builder, your plans, and make this place yours.