<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001778765</cik>
        <entityName>PROPERTY MELD I, LLC</entityName>
        <issuerAddress>
            <street1>406 ST. JOSEPH STREET</street1>
            <city>RAPID CITY</city>
            <stateOrCountry>SD</stateOrCountry>
            <stateOrCountryDescription>SOUTH DAKOTA</stateOrCountryDescription>
            <zipCode>57701</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>6056464059</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2022</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <lastName>Kingman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>406 St. Joseph Street</street1>
                <city>Rapid City</city>
                <stateOrCountry>SD</stateOrCountry>
                <stateOrCountryDescription>SOUTH DAKOTA</stateOrCountryDescription>
                <zipCode>57701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Board of Managers</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Blaine</firstName>
                <lastName>Crissman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>122 S. Phillips Ave., #230</street1>
                <city>Sioux Falls</city>
                <stateOrCountry>SD</stateOrCountry>
                <stateOrCountryDescription>SOUTH DAKOTA</stateOrCountryDescription>
                <zipCode>57701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Board of Managers</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Andrew</firstName>
                <lastName>Linder</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>406 St. Joseph Street</street1>
                <city>Rapid City</city>
                <stateOrCountry>SD</stateOrCountry>
                <stateOrCountryDescription>SOUTH DAKOTA</stateOrCountryDescription>
                <zipCode>57701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Member of Board of Managers</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2025-07-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1650000</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>1650000</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>3</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Proceeds are for working capital. Amount reported does not include salaries and expense reimbursements that will be made in the ordinary course to Related
Persons in Section 3.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>PROPERTY MELD I, LLC</issuerName>
                <signatureName>Ray Hespen</signatureName>
                <nameOfSigner>Ray Hespen</nameOfSigner>
                <signatureTitle>President</signatureTitle>
                <signatureDate>2025-11-17</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
