Chase Hammock Lakes
Homes for Sale in Merritt Island, FL
All 214 homes for sale in Merritt Island, FL · median $499,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, Chase Hammock Lakes in Merritt Island, FL has 2 homes for sale. Chase Hammock Lakes is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 224 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 with the full homestead exemption).
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.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
A gated Merritt Island enclave of 61 estate-scale homes - median 5,142 square feet - built primarily in the mid-2000s, with scattered newer construction through 2023. Inventory is sparse, penetration is high, and the appeal rests squarely on waterside location and sheer interior volume.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Chase Hammock Lakes 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
- Buyers 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
Chase Hammock Lakes 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 specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Chase Hammock Lakes
Live MLS inventory for Chase Hammock Lakes. 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 listings as of 2026-10-19, 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
- 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 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 address.
Shop the zone: Homes zoned for Merritt Island High School
Recent Developments in Chase Hammock Lakes
Development, infrastructure, retail, and school activity affecting Chase Hammock Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Brevard County Brightline station fully funded with $57 million federal grant
The planned Brightline station in Cocoa, near State Road 528, is now fully funded after a federal grant of about $57 million. Cocoa will own the station and Brightline will operate it, linking Cocoa and Port Canaveral to South Florida destinations. No construction start date has been set, and officials expect to release more details in early 2027.
What it may mean for the marketA passenger rail stop near SR 528 would add a regional transit option for commuters and visitors traveling between the Space Coast and other Florida metros. The site is about 5 miles southwest of Chase Hammock Lakes.
Source: FOX 35 Orlando - September 2026Civic
Space Force plans laser counter-drone defenses at Space Coast launch sites
Space Launch Delta 45 plans to deploy counter-drone technology, including lasers, to protect launch pads and critical infrastructure at Cape Canaveral and nearby facilities. Cost and operational date were not disclosed, and officials have not confirmed whether it will extend onto Kennedy Space Center property.
What it may mean for the marketAdded security investment at launch facilities reinforces the base's role as a long-term anchor for aerospace employment in the region. The site is about 8 miles east of Chase Hammock Lakes.
Source: FOX 35 Orlando - September 2026Parks & Amenities
1963 state lease limits redevelopment of Titusville marina district
A state lease signed in 1963 restricts how Titusville can develop its marina district near Sand Point Park, and changes require state approval. The mayor wants a year-round waterfront destination modeled on Cocoa Village, with options including boat slips, tours, restaurants, shops and family attractions. No timeline or cost has been published, and community meetings are planned over the coming months.
What it may mean for the marketIf the lease is amended, added waterfront dining and attractions could expand recreation and retail access for northern Brevard. The project is about 13 miles northwest of Chase Hammock Lakes, elsewhere in Brevard County.
Source: FOX 35 Orlando - July 2026Retail & Dining
Lakeside Social at Viera Town Center to bring a new waterfront community gathering place to Viera
The Viera Company, in partnership with Rogue Wave Hospitality Group, is opening Lakeside Social at Viera Town Center, a waterfront venue featuring a wave-shaped central bar, a boathouse-style bar, and a curated food vendor park. A soft opening was set for early June 2026, with a grand opening celebration over Fourth of July weekend 2026.
What it may mean for the marketA new waterfront food, bar, and entertainment venue adds dining and gathering capacity to Viera Town Center and broadens the local commercial mix. The project is about 13 miles south of Chase Hammock Lakes, elsewhere in Brevard County.
Source: Viera - June 2026Development
Orlando Health announces plans to open a new hospital in Viera
Orlando Health announced a seven-story, 240-bed hospital along with a three-story, 60,000-square-foot medical office building on a 40-acre health and wellness campus in Viera, between Lake Andrew Drive and I-95 south of Viera Boulevard. Construction was expected to begin in June 2026, with opening targeted as early as fall 2027.
What it may mean for the marketA new hospital and medical office campus would add major healthcare infrastructure and construction activity to the Viera area. The project is about 14 miles south of Chase Hammock Lakes, elsewhere in Brevard County.
Source: ClickOrlando - May 2026Builder Activity
Builder charts course for Cape Canaveral homes with rooftop terraces to watch launches
Miami-based EverHome Living plans 94 three-story townhouses off Astronaut Boulevard along the Banana River in Cape Canaveral, with prices starting around $650,000 and units of roughly 2,800 square feet. Groundbreaking is targeted for the end of 2026, with sales beginning in early 2027.
What it may mean for the marketA new townhouse community would add for-sale housing supply along the Banana River in Cape Canaveral. The project is about 6 miles southeast of Chase Hammock Lakes, elsewhere in Brevard County.
Source: Homes.com News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Chase Hammock Lakes buying strategy.
If we were buying in Chase Hammock Lakes 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.
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. 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 in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Chase Hammock Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Merritt Island →
| Location | Merritt Island, Brevard County, FL |
|---|---|
| Homes in the community | 61 (FL DOR 2025 assessment roll) |
| Years built | 2004–2023 (median 2005) |
| Typical living area | 5,142 sq ft (median) |
| Amenities listed by sellers | Gated, Curbs, Jogging Path, Security, Security Gate |
| For sale right now | 2 active, 0 pending · median asking $1,144,500 |
| Owner-occupied (homestead) share | 80% |
Data as of July 15, 2026. Based on information from the Space Coast MLS for the period %s through %s; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Chase Hammock Lakes key facts,” movewithmomentum.com/neighborhoods/chase-hammock-lakes-merritt-island, data as of July 15, 2026.
Housing distress & ownership in Chase Hammock Lakes, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period October 2026 through October 2026. Deemed reliable but not guaranteed.
Every Home for Sale in Chase Hammock Lakes Merritt Island Right Now (2)
All 2 active and pending Chase Hammock Lakes Merritt Island listings with a detail page, newest first, refreshed twice a day from the MLS.
- 5177 Royal Paddock Way · $839,000 · 4 bd / 2.5 ba · listed Jul 22, 2026 · listed by Florida East Coast Real Estate
- 5137 Royal Paddock Way · $1,425,000 · 6 bd / 4 ba · pending · listed Jul 22, 2026 · listed by One Sotheby's International
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Florida buyer guides
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Royal Paddock Way (26 homes on record)
31% of homes for sale in ZIP 32953 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Chase Hammock Lakes Market Scorecard
Chase Hammock Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $839,000.
Typical home value in the 32953 ZIP is $421,537, 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 2026-10-20. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Email me new listings in Chase Hammock Lakes
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Chase Hammock Lakes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Chase Hammock Lakes will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
How many homes are in Chase Hammock Lakes?
What share of Chase Hammock Lakes is owner-occupied?
When were the homes in Chase Hammock Lakes built?
Who is the best real estate agent for Chase Hammock Lakes?
How do I find a top Merritt Island real estate agent who knows Chase Hammock Lakes?
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Where is Chase Hammock Lakes, and what county is it in?
Should you buy in Chase Hammock Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 19, 2026) |
| Housing stock & ownership | Florida DOR 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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