Chestnut Run
Homes for Sale in Melbourne, FL
All 738 homes for sale in Melbourne, FL · median $396,950 · 49 homes for sale in 32934 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 34 closed sales in Chestnut Run 1St Addition in Melbourne, FL since 2005, the most recent in October 2025. Recorded prices across those 33 sales ran from $208,000 to $760,000 (median $370,000), on homes of 1,810 to 3,327 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,770 ($5,150 with the full homestead exemption).
| Location | Melbourne, Brevard County, FL · ZIP 32934 |
|---|---|
| Homes in the community | 105 (FL DOR 2025 assessment roll) |
| Years built | 1972–2015 (median 1993) |
| Typical living area | 3,248 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 87% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2005 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Chestnut Run 1St Addition key facts,” movewithmomentum.com/neighborhoods/chestnut-run-1st-addition, data as of September 20, 2026.
Chestnut Run 1st Addition is a small pocket in Melbourne with no HOA amenities identified from current MLS listings, so what you're buying is the house and the lot, not a package of shared facilities. In a community this size, price is driven less by comps stacked deep in the same subdivision and more by the condition and updates of the specific home in front of you.
With a thin closings window to read from, neither side has a fat dataset to lean on. That cuts both ways: a well-prepared seller can set the tone, and a buyer who does the homework on condition and location can negotiate without a wall of recent sales dictating the number.
Nearby homes for sale
No active listings inside Chestnut RunHomes for Sale in Melbourne, FL 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
This is a modest Melbourne enclave in Brevard County with no community amenities on file — the appeal is the home itself and the surrounding Space Coast location rather than any shared perks.
Space Coast MLS sales records identify 47 homes in Chestnut Run that have changed hands since 2004, built between 1980 and 2006 (median 1993), with a median living area of about 2,173 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 4 qualified sales in Chestnut Run across 2024–2025 (2 in 2024, 2 in 2025), median $677,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 prioritizing a Melbourne location over community facilities
- Value-focused buyers willing to weigh a home's condition and updates carefully
- Owner-occupants planning to hold and improve a specific property
Probably not for
- Buyers who want pools, gyms, or other shared HOA amenities
- Buyers who need a deep bench of recent comparable sales before committing
- Buyers seeking a turnkey, uniform master-planned feel
The market around Chestnut Run
Chestnut Run is too small for its own price trend, so here is the market around it.
In ZIP 32934, 80 homes are on the market and 35% are under contract — a fast-moving corner of Melbourne.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32934 (Melbourne), 115 homes closed in the last 12 months at a median of $399K ($211/sq ft), up 0.3% year over year, with a median 34 days on market. Right now 10 active and 3 pending listings put supply at about 3.5 months — a healthy market. See the live ZIP 32934 housing market and the Brevard County market.
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.
Reading a small, amenity-free pocket
Because no HOA amenities show up in current listings, expect the price spread here to be condition-driven. Two homes on the same street can trade very differently depending on roof age, systems, kitchens, and baths — updates matter more than any community feature, because there isn't one to pay for.
Location does the heavy lifting. Chestnut Run 1st Addition sits within Melbourne's broader Space Coast footprint, so proximity to work centers, retail corridors, and coastal access is part of the value story. Evaluate each listing on its own footing rather than assuming a subdivision premium.
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, thinly-traded pocket like this, a broker who knows how to weigh condition against a shallow comp set earns their keep. We price and negotiate on what the specific home actually offers — not on a boilerplate community narrative — and we'll tell you plainly when a listing doesn't justify its ask.
Chestnut Run 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 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.
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Frequently Asked Questions
How many homes are in Chestnut Run?
What share of Chestnut Run is owner-occupied?
When were the homes in Chestnut Run built?
Who is the best real estate agent for Chestnut Run?
How do I find a top Melbourne real estate agent who knows Chestnut Run?
Can Momentum Realty connect me with an agent for Chestnut Run?
Where is Chestnut Run, and what county is it in?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32934)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (34 transactions analyzed) |
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. Momentum sells for 1.25% above the Space Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
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Nearby Communities
Explore more neighborhoods near Chestnut Run with Momentum Realty’s local guides.