Welcome to 112 Lagoon Avenue, where flexible living, thoughtful upgrades and the Florida lifestyle come together! This unique Melbourne pool home offers an open, inviting interior with extensive updates and a layout designed for both everyday living and entertaining. The heart of the home is the spacious open-concept kitchen and living area, featuring a large center island with seating, white cabinetry, stone countertops, stainless steel appliances, farmhouse-style sink, tile backsplash, pendant lighting and beautiful wood-look flooring that flows throughout much of the home. Exposed wood beams and warm wood trim add character throughout. The spacious primary suite is a true retreat with abundant natural light, generous closet space and an impressive remodeled bathroom featuring dual vessel sinks, custom cabinetry, freestanding soaking/jetted tub and a large glass-enclosed walk-in shower with multiple shower heads and striking wood-look tile. One of the property's most distinctive features is its separate guest/in-law living area with private exterior entrance, offering a bedroom, full bathroom, kitchenette and living area. Currently utilized for short-term rental purposes, this flexible space offers excellent possibilities for guests, extended family, a private home office or potential supplemental income. Step outside and enjoy your own Florida backyard retreat featuring a large in-ground pool surrounded by an expansive paver patio, covered outdoor entertaining area with bar, fire pit and a spacious fenced yard with tropical landscaping--plenty of room to relax, entertain and enjoy the outdoors. Additional highlights include a 2023 roof, 2021 American Standard HVAC system, 2025 solar panel system, additional mini-split climate control, updated lighting, remodeled bathrooms, updated kitchen, attached 2-car garage and no HOA. And the location completes the package! Centrally located in Melbourne with convenient access to Historic Downtown Melbourne's dining, shopping and entertainment, the Indian River Lagoon, Melbourne Orlando International Airport, area employers and the beautiful beaches of the Space Coast. A versatile pool home with character, major updates, energy-saving solar and flexible living space--all in a convenient Melbourne location.