Chase Hammock Lakes Merritt Island in Merritt Island

Chase Hammock Lakes Merritt Island
Homes for Sale in Merritt Island, FL

Community in Merritt Island · Brevard County
61 homesBuilt 2004–2023
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Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Chase Hammock Lakes Merritt Island Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Brevard: 28% (1,397 of 4,982)
2 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
80%
Owner-occupied · Chase Hammock Lakes Merritt Island
49 of 61 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Chase Hammock Lakes Merritt Island
incl. 8% trust or LLC-held · 5% out-of-state
61
Homes in the community
61 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2004
Community established
homes built 2004-2023, median 2005 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Chase Hammock Lakes Merritt Island is a 61-home gated community built largely in the mid-2000s, with a handful of newer infill parcels extending to 2023. The market driver is simple: these are estate-scale homes - median living area of 5,142 square feet - on Merritt Island, which puts genuine waterside proximity and Space Coast access within reach of buyers who need serious square footage. With 80 percent homestead penetration, this is a settled enclave, not a flip market.

Two active listings in a 61-home subdivision is statistically thin, so read the market as stable but inventory-constrained. Pricing will be parcel- and condition-specific; there's no uniform product here, and the 19-year construction span means finishes, floor plans, and deferred maintenance can vary widely. If you need a large home near the water and are comfortable with an older build that may require updates, Chase Hammock Lakes is worth the look. If you're counting on a turn-key estate or a liquid resale market, the sample size works against you.

Best for

  • Buyers needing 5,000-plus square feet for multi-generational living, home offices, or collections, willing to update finishes on a mid-2000s build
  • Space Coast professionals who value Merritt Island's waterside proximity and gated seclusion, planning a long hold
  • Empty-nesters or remote workers trading up from smaller Brevard homes, prioritizing space and privacy over amenity density

Probably not for

  • Buyers expecting abundant inventory, frequent turnover, or the ability to comp-shop multiple estate listings in a single visit
  • First-time buyers or those on tight budgets - estate-scale homes carry estate-scale maintenance, insurance, and utility costs
  • Investors seeking liquid flips or short-term rentals; the homestead rate and gated rules limit rental models, and resale timelines are unpredictable

The market around Chase Hammock Lakes Merritt Island

Chase Hammock Lakes Merritt Island is too small for its own price trend, so here is the market around it.

Across Brevard County, 3,585 homes are active and 1,397 pending (28% under contract).

ZIP and county figures describe the wider market, not Chase Hammock Lakes Merritt Island specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Chase Hammock Lakes Merritt Island

Live MLS inventory for Chase Hammock Lakes Merritt Island. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Chase Hammock Lakes Merritt Island listings as of 2026-07-14, priced high to low. Based on information from the Space Coast MLS for the period %s through %s. Tap any home to ask about it.

Community amenities as reported across Space Coast MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Carroll · Elementary
  • Jefferson · Middle
  • Merritt Island · High

Zoned schools reflect the assignments reported on recent Chase Hammock Lakes Merritt Island listings and can change; always confirm with Brevard County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Chase Hammock Lakes Merritt Island address.

If we were buying in Chase Hammock Lakes Merritt Island today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Chase Hammock Lakes Merritt Island.

Best Buy
Buyers seeking estate-scale square footage and gated privacy on Merritt Island, comfortable with older construction and limited resale liquidity.
Biggest Risk
Thin inventory and a 19-year build span mean high condition variance and few comparables; each transaction is its own negotiation.
Sweet Spot
Homesteaders who need serious interior volume, value Merritt Island's location, and plan to stay long enough to absorb the illiquidity.
Avoid If
You want turn-key modern finishes, expect a liquid resale market, or need walkable amenities beyond the jogging path and gate.

Space, gates, and the Merritt Island equation

Chase Hammock Lakes sits at the intersection of gated privacy, oversized floor plans, and Merritt Island's coastal geography. The median home exceeds 5,100 square feet, which places this community in a rarefied category for Brevard County; most buyers here are prioritizing space - multi-generational living, home offices, collections, or simply room to breathe - and the gated perimeter with jogging path provides a defined, low-traffic setting.

The construction timeline matters. The bulk of the neighborhood rose between 2004 and the mid-2000s, meaning you're encountering first-generation finishes, HVAC systems approaching replacement age, and the architectural vocabulary of that era. A few parcels filled in as late as 2023, so there is product diversity, but it's not a master-planned aesthetic; expect lot-by-lot variance in style, updates, and upkeep. The 80 percent homestead rate tells you most owners are dug in, which dampens turnover and makes each listing an individual negotiation rather than a comparable-driven transaction.

Location gives you Merritt Island's appeal - proximity to the Intracoastal, beaches, and Kennedy Space Center employment - without the density of beachside Cocoa Beach or the sprawl of western Brevard. You're gated, but you're not isolated; errands, dining, and causeways to the mainland are all within a short drive. The jogging path and security gate reinforce the enclave feel, though amenities are modest by country-club standards. This is a residential subdivision, not a resort.

With only two active listings in a 61-home community, supply is a structural constraint. If you're a seller, that scarcity is leverage - but only if your home is priced and presented appropriately for its age and condition. If you're a buyer, expect limited choice and be prepared to move decisively when the right property appears. Chase Hammock Lakes rewards patience and due diligence; it punishes assumptions about comparability or liquidity.

The location and the amenities are priced into every listing in Chase Hammock Lakes Merritt Island. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 61-home gated subdivision with two active listings, you need a broker who can read thin markets, assess condition and deferred maintenance on older estate-scale construction, and negotiate without the crutch of dense comps. Momentum's analysts track Brevard inventory daily, understand the Merritt Island location premium, and know when to walk away from a property that looks like a deal until you price in the HVAC replacement, roof, and kitchen remodel. We'll tell you if Chase Hammock Lakes fits your brief - or if your goals are better served elsewhere on the Space Coast.

Chase Hammock Lakes Merritt Island in 15 seconds.

Best forBuyers seeking estate-scale square footage and gated privacy on Merritt Island, comfortable with older construction and limited resale liquidity.
Biggest advantageMedian 5,142 square feet in a waterside-adjacent gated setting - hard to replicate in Brevard without moving to acreage or custom builds.
Biggest riskThin inventory and a 19-year build span mean high condition variance and few comparables; each transaction is its own negotiation.
Sweet spotHomesteaders who need serious interior volume, value Merritt Island's location, and plan to stay long enough to absorb the illiquidity.
Avoid ifYou want turn-key modern finishes, expect a liquid resale market, or need walkable amenities beyond the jogging path and gate.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Chase Hammock Lakes Merritt Island sales matched to your home.

What is your Chase Hammock Lakes Merritt Island home worth?

Get a no-obligation home value based on real comparable sales in Chase Hammock Lakes Merritt Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Chase Hammock Lakes Market Scorecard

Buyer-Leaning Market (limited data)

Chase Hammock Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $1,144,500.

n/a
Months supply
$1,144,500
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
2/0/0
Active/Pend/Sold

Typical home value in the 32953 ZIP is $425,821, right around the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Based on information from the Space Coast MLS for the period 2026 through 2026-07-14. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Chase Hammock Lakes Merritt Island?
The Florida DOR 2025 assessment roll shows 61 homes in Chase Hammock Lakes Merritt Island (public records).
What share of Chase Hammock Lakes Merritt Island is owner-occupied?
80% of Chase Hammock Lakes Merritt Island parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Chase Hammock Lakes Merritt Island built?
Homes in Chase Hammock Lakes Merritt Island were built between 2004 and 2023, with a median year built of 2005 (FL DOR 2025 roll).
Who is the best real estate agent for Chase Hammock Lakes Merritt Island?
The best agent for Chase Hammock Lakes Merritt Island is one who actively works Merritt Island and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Chase Hammock Lakes Merritt Island.
How do I find a top Merritt Island real estate agent who knows Chase Hammock Lakes Merritt Island?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Chase Hammock Lakes Merritt Island and the wider Merritt Island area.
Can Momentum Realty connect me with an agent for Chase Hammock Lakes Merritt Island?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Chase Hammock Lakes Merritt Island purchase or sale - no call center and no pressure.
Buyers needing 5,000-plus square feet for multi-generational living, home offices, or collections, willing to update finishes on a mid-2000s buildExcellent fit
Space Coast professionals who value Merritt Island's waterside proximity and gated seclusion, planning a long holdExcellent fit
Empty-nesters or remote workers trading up from smaller Brevard homes, prioritizing space and privacy over amenity densityExcellent fit
Buyers expecting abundant inventory, frequent turnover, or the ability to comp-shop multiple estate listings in a single visitProbably not
First-time buyers or those on tight budgets - estate-scale homes carry estate-scale maintenance, insurance, and utility costsProbably not
Investors seeking liquid flips or short-term rentals; the homestead rate and gated rules limit rental models, and resale timelines are unpredictableProbably not

Nearby Communities

Explore more neighborhoods near Chase Hammock Lakes Merritt Island with Momentum Realty’s local guides.

RMRidge Manor Estates Merritt IslandMerritt Island, FL · 0.5 miRIRiver Island Raquette Club Merritt IslandMerritt Island, FL · 0.6 miICIsland Crossings Merritt IslandMerritt Island, FL · 0.6 miVilla De Palmas Sykes Cove Merritt IslandMerritt Island, FL · 1.1 miKTKenzel Terrace Subd Merritt IslandMerritt Island, FL · 1.1 miSPSavannahs Phase Iii Pud The Merritt IslandMerritt Island, FL · 1.2 miFSFairfax Subd Merritt IslandMerritt Island, FL · 1.3 miQuail Run Estates Merritt IslandMerritt Island, FL · 1.4 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: July 14, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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