Casabella market snapshot (as of June 17, 2026): the median sale price is about $932K ($289 per sq ft), a balanced market (limited data). Based on 6 recent closings in live Space Coast MLS data.
Casabella is a gated community of larger custom and semi-custom homes near Viera and Suntree in Melbourne, generally placed in the 32904 area off the Wickham and Pineda corridors. Local sources describe over 130 homesites with most already built, and homes reported in a roughly 2,000 to 5,500 square-foot range.
Phase Three is described as the final phase of the community, with a custom builder reported as holding and building out the remaining lots. That makes the final phase a partly new-construction story, where a builder contract, lot premiums, and the build timeline matter, while the established sections trade as higher-end resale.
Because the homes are larger custom and semi-custom builds, condition, finish level, and the homesite drive value far more than square footage alone. A lakefront or preserve lot and a higher finish separate the top of the market from the rest.
For buyers who want a gated, higher-end address near the Viera shopping, schools, and the Pineda Extension to I-95 and the beaches, Casabella is a strong option. The work is confirming the HOA, any remaining Phase Three availability and pricing, and an honest read of the lot and finish before you commit.
