Chestnut Run
Homes for Sale in Melbourne, FL
All 713 homes for sale in Melbourne, FL · median $399,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Chestnut Run is a community in Melbourne, Brevard County, FL. Across Melbourne as a whole, 1,028 homes closed in the last 12 months at a median of $386,000, 45 median days on market, with 682 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,020 ($5,400 with the full homestead exemption).
Chestnut Run is a small residential pocket in Melbourne with no shared amenities identified in the current MLS listings, so what you're buying here is the house itself, not a lifestyle package. That tends to keep price tied to condition, lot, and the specifics of each home rather than to a clubhouse or gated entry, which means comparisons between listings can swing widely.
With only a thin closings window to read from, the market signal here is limited. That cuts both ways: sellers can't lean on a deep run of recent comps to justify a number, and buyers should expect to underwrite each home on its own merits rather than assume a neighborhood-wide trend. In a low-data setting like this, condition and pricing discipline matter more than momentum.
Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Chestnut Run right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Chestnut Run is a straightforward Melbourne neighborhood in Brevard County with no community amenities on offer in the current listings, so it appeals to buyers who want a home rather than shared facilities.
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 Chestnut Run is best for.
Best for
- Buyers who want a standalone Melbourne home and don't want to pay for shared amenities
- Buyers comfortable underwriting a purchase on condition and comps rather than neighborhood trend data
- Long-term owners prioritizing the house and lot over on-site facilities
Probably not for
- Buyers who want a pool, gate, or clubhouse as part of the community
- Buyers who need a deep run of recent comps to feel confident on price
- Buyers looking for an amenity-driven lifestyle rather than a house-first purchase
The market around Chestnut Run
Chestnut Run is too small for its own price trend, so here is the market around it.
Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).
ZIP and county figures describe the wider market, not Chestnut Run specifically. Momentum Research analysis of MLS records.
The Chestnut Run buying strategy.
If we were buying in Chestnut Run 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 Chestnut Run.
A house-first neighborhood
Because there are no identified community amenities, there's also no HOA-driven amenity cost baked into the pitch here. That can be a plus for buyers who don't want to pay for a pool or gate they won't use, and it puts the emphasis squarely on the home's condition, layout, and lot.
The trade-off is that value here is harder to triangulate. Without amenities or a large pool of recent closings, individual listings can look priced very differently for reasons that only show up on a walk-through. That makes an in-person read and a careful comp analysis more important than usual.
The location and the amenities are priced into every listing in Chestnut Run. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, thin-data pocket like Chestnut Run, the number on the listing sheet tells you less than the house in front of you. We price and evaluate off condition, lot, and the handful of relevant comps we can actually stand behind, so you're not guessing on either side of the deal.
Chestnut Run in 15 seconds.
Tools for a Chestnut Run 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 Chestnut Run sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chestnut Run, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Chestnut Run home worth?
Get a no-obligation home value based on real comparable sales in Chestnut Run, 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 Melbourne →
Should you buy in Chestnut Run?
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: November 12, 2026) |
| Under-contract shares | Space Coast MLS records, as of 2026-11-08 |
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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Chestnut Run fits the bigger picture — live prices, inventory, and Momentum Scores: