HGTV Dream Home on Merritt Island sells for $1.3M

The 2016 HGTV Merritt Island Dream Home is sold..

Real estate sites show the 3,158-square-foot waterfront home sold June 8 for $1,300,000. The house, which was renovated last year, originally listed at $1,530,000 in late April, days after David Rennie of Shelton, Connecticut, took the $1.2 million cash option — rather than the $1.7 million grand prize — in the HGTV sweepstakes.

Rennie was chosen from 127 million entries.

Look inside Brevard's HGTV Dream Home

According to Realtor.com, homes next door to the HGTV Dream Home have a median listing of $570,000 and nearby neighborhoods have a median listing ranging from $200,000 to $4 million.

The three-bedroom, two-story home off South Tropical Trail features water views, a grand staircase, luxury dog house, pool and private dock. It has outdoor lounging areas, Florida-inspired decor, bold colors, three bathrooms and two half-bathrooms.

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Realtor Rhonda Pavone of RE/MAX 2000 helped find the home for HGTV's 20th anniversary.

Zillow.com estimates the mortgage at roughly $4,600/month.

Coincidentally, the HGTV Urban Oasis home in West Asheville, N.C., was sold June 11 to a North Carolina couple for $399,999.

HGTV dream home sold to North Carolina couple

It previously listed for $490,000, according to the Citizen-Times in Asheville, N.C. The winner of the sweepstakes, Crystal Harriman, of Poulsbo, Wash., decided not to keep the 1,300-square-foot, two-bedroom bungalow after she won the HGTV Urban Oasis Giveaway 2015.

Like the 2016 HGTV Dream Home on Merritt Island, the HGTV Urban Oasis home was designed by designer Bryan Patrick Flynn.

Sangalang is FLORIDA TODAY's entertainment reporter and Nerdgirl columnist.

Contact Sangalang at 321-242-3630

or jsangalang@floridatoday.com.

Twitter: @byjensangalang