Chase Hammock Lakes Merritt Island
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.

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.
The setting & the homes.
Aerial and on-site photos of Chase Hammock Lakes Merritt Island. Swipe to explore the community.
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Who Chase Hammock Lakes Merritt Island is best for.
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.
Life at Chase Hammock Lakes Merritt Island
- Gated · reported on 1 of 2 listings
- Security · reported on 1 of 2 listings
- Jogging Path · reported on 1 of 2 listings
- Security Gate · reported on 1 of 2 listings
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
- 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.
The Chase Hammock Lakes Merritt Island buying strategy.
If we were buying in Chase Hammock Lakes Merritt Island today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Chase Hammock Lakes Merritt Island buy.
Free calculators to pressure-test the real cost before you tour.
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.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chase Hammock Lakes Merritt Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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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Chase Hammock Lakes Market Scorecard
Chase Hammock Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $1,144,500.
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?
What share of Chase Hammock Lakes Merritt Island is owner-occupied?
When were the homes in Chase Hammock Lakes Merritt Island built?
Who is the best real estate agent for Chase Hammock Lakes Merritt Island?
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Should you buy in Chase Hammock Lakes Merritt Island?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Chase Hammock Lakes Merritt Island with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Under-contract shares | Space 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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