Eastwood 1 At Heritage Oaks Melbourne in Melbourne

Eastwood 1 At Heritage Oaks Melbourne
Homes for Sale in Melbourne, FL

Community in Melbourne · Brevard County
162 homesBuilt 2006–2010
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Built fromLive Space Coast MLS dataFL DOR public recordsUpdated twice daily
Live · Eastwood 1 At Heritage Oaks Melbourne Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Brevard: 28% (1,397 of 4,982)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
61%
Owner-occupied · Eastwood 1 At Heritage Oaks Melbourne
99 of 162 parcels homesteaded (FL DOR 2025)
39%
Non-owner-occupied · Eastwood 1 At Heritage Oaks Melbourne
incl. 10% trust or LLC-held · 15% out-of-state
162
Homes in the community
162 residential parcels (FL DOR 2025)
Track record · years of records
Est. 2006
Community established
homes built 2006-2010, median 2007 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Eastwood 1 is a 162-home gated enclave built between 2006 and 2010, with a median footprint of 2,590 square feet. Pricing here is driven by floor plan, lot position, and condition - original finishes versus recent updates. Just over 60% of owners homestead, indicating a stable base; turnover is modest, and the single active listing this month reflects typical inventory levels for a community this size.

Four months of supply puts the market in balanced territory. Buyers have time to evaluate, but choice remains limited. Sellers with well-kept homes in desirable locations inside the gate will draw interest quickly; deferred maintenance or awkward layouts will sit longer.

Eastwood 1 At Heritage Oaks Melbourne Housing Pulse · Momentum Research · as of July 15, 2026

Eastwood 1 At Heritage Oaks Melbourne right now

🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Space Coast MLS records, as of July 15, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Best for

  • Buyers who prize gated security and want a mature neighborhood over a construction zone.
  • Households seeking 2,500+ square feet with room to customize finishes on their own timeline.
  • Investors or second-home buyers comfortable with sparse inventory cycles and patient hold strategies.

Probably not for

  • Buyers who need to see multiple comparable listings side-by-side before deciding.
  • Anyone expecting move-in-ready perfection without allocating budget for updates or repairs.
  • Households requiring new construction warranties or the latest energy-efficiency and smart-home standards.

The market around Eastwood 1 At Heritage Oaks Melbourne

Eastwood 1 At Heritage Oaks Melbourne 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 Eastwood 1 At Heritage Oaks Melbourne specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Eastwood 1 At Heritage Oaks Melbourne, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
5.88%
1 of 17 listings · short sale 1
Distress share trend - 5.88% now (2026-08-10 → 2026-08-14)

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 August 2026 through August 2026. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Eastwood 1 At Heritage Oaks Melbourne

Live MLS inventory for Eastwood 1 At Heritage Oaks Melbourne. 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 Eastwood 1 At Heritage Oaks Melbourne listings as of 2026-08-17, 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.

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

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
  • Meadowlane · Elementary
  • Central · Middle
  • Melbourne · High

Zoned schools reflect the assignments reported on recent Eastwood 1 At Heritage Oaks Melbourne 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 Eastwood 1 At Heritage Oaks Melbourne address.

Recent Developments in Eastwood 1 At Heritage Oaks

Development, infrastructure, retail, and school activity affecting Eastwood 1 At Heritage Oaks, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum84/100 · High
  1. July 2026
    Retail & 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 14 miles north of Eastwood 1 At Heritage Oaks, elsewhere in Brevard County.

    Source: Viera
  2. June 2026
    Development

    Proposed Brevard County USL soccer stadium would anchor new mixed-use development

    Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.

    What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The site is about 2 miles north of Eastwood 1 At Heritage Oaks.

    Source: FOX 35 Orlando
  3. June 2026
    Development

    West Melbourne's Space Coast Town Center Expands

    The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.

    What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The site is about 2 miles northwest of Eastwood 1 At Heritage Oaks.

    Source: WFTV
  4. June 2026
    Development

    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 13 miles north of Eastwood 1 At Heritage Oaks, elsewhere in Brevard County.

    Source: ClickOrlando
  5. May 2026
    Infrastructure

    Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction

    FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.

    What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 3 miles north of Eastwood 1 At Heritage Oaks, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)
  6. May 2026
    Builder 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 23 miles north of Eastwood 1 At Heritage Oaks, elsewhere in Brevard County.

    Source: Homes.com News

Development alerts for Eastwood 1 At Heritage OaksGet a short monthly email when something new is approved, funded, or opens near Eastwood 1 At Heritage Oaks.

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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.

If we were buying in Eastwood 1 At Heritage Oaks Melbourne 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 Eastwood 1 At Heritage Oaks Melbourne.

Best Buy
Buyers who want gated living and mid-2,500-square-foot layouts without new-construction wait times.
Biggest Risk
Limited choice: with one active listing, you take what's available or you wait for the next cycle.
Sweet Spot
Homes with updated interiors on premium lots - cul-de-sacs, preserve views, perimeter privacy.
Avoid If
You need multiple floor plans to compare or expect turnkey condition at the median without paying for updates.

Built tight, gated, not cookie-cutter

Eastwood 1 at Heritage Oaks was delivered over a compressed build window - 2006 through 2010 - so the streetscape feels cohesive without being monotonous. Homes average in the mid-2,500-square-foot range, with variations in plan and elevation that give the community visual texture. The gated entry and off-site HOA management handle grounds and shared amenities, including a pool and security gate.

The ownership profile leans stable: 61% of parcels carry homestead exemptions, a sign that this is less a flip-and-move market and more a settle-in community. With only one home actively for sale, Eastwood 1 doesn't flood the market; when listings do appear, they tend to be condition- and location-sensitive. Four months of supply is balanced - you won't face a bidding war, but you also won't have ten nearly identical options to choose from.

Location matters inside the gate. Homes backing to preserve, perimeter lots with privacy, and cul-de-sac positions command premiums over interior through-streets. Updates - especially kitchens, baths, and flooring - move the needle; original builder-grade finishes do not. This is a community where a buyer's inspection budget and appetite for cosmetic work will directly influence negotiating position.

The location and the amenities are priced into every listing in Eastwood 1 At Heritage Oaks Melbourne. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Eastwood 1 rarely has more than a couple of listings live at once, and condition spreads are wide. We track what sold, what updates mattered, and which lot premiums held. Our agents know the gate code, the HOA quirks, and which homes have deferred maintenance hiding behind fresh paint. We'll show you the one listing available - and tell you when it's smarter to wait for the next one.

Eastwood 1 At Heritage Oaks Melbourne in 15 seconds.

Best forBuyers who want gated living and mid-2,500-square-foot layouts without new-construction wait times.
Biggest advantageSparse inventory and a stable owner base mean less churn and more predictable resale comparables.
Biggest riskLimited choice: with one active listing, you take what's available or you wait for the next cycle.
Sweet spotHomes with updated interiors on premium lots - cul-de-sacs, preserve views, perimeter privacy.
Avoid ifYou need multiple floor plans to compare or expect turnkey condition at the median without paying for updates.

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 Eastwood 1 At Heritage Oaks Melbourne sales matched to your home.

What is your Eastwood 1 At Heritage Oaks Melbourne home worth?

Get a no-obligation home value based on real comparable sales in Eastwood 1 At Heritage Oaks Melbourne, 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 homes for sale in Eastwood 1 At Heritage Oaks Melbourne on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Brevard County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,120/mo
Brevard County typical true cost to own
$196/mo
Brevard County typical home insurance
Has a CDD
Bond assessment on top of taxes

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Eastwood at Heritage Oaks Market Scorecard

Buyer-Leaning Market (limited data)

Eastwood at Heritage Oaks is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $399,000.

4.0
Months supply
$399,000
Median list
$469,000
Median sold
$163
Per sqft
n/a
Days on mkt
1/0/3
Active/Pend/Sold

Typical home value in the 32904 ZIP is $379,452, about 12.6% below 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 2026-08-23. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Eastwood 1 At Heritage Oaks Melbourne a buyer's or seller's market right now?
As of July 15, 2026, Eastwood 1 At Heritage Oaks Melbourne is roughly balanced: 4.0 months of supply at the current sales pace (Space Coast MLS live counts).
How many homes are in Eastwood 1 At Heritage Oaks Melbourne?
The Florida DOR 2025 assessment roll shows 162 homes in Eastwood 1 At Heritage Oaks Melbourne (public records).
What share of Eastwood 1 At Heritage Oaks Melbourne is owner-occupied?
61% of Eastwood 1 At Heritage Oaks Melbourne parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Eastwood 1 At Heritage Oaks Melbourne built?
Homes in Eastwood 1 At Heritage Oaks Melbourne were built between 2006 and 2010, with a median year built of 2007 (FL DOR 2025 roll).
Who is the best real estate agent for Eastwood 1 At Heritage Oaks Melbourne?
The best agent for Eastwood 1 At Heritage Oaks Melbourne is one who actively works Melbourne 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 Eastwood 1 At Heritage Oaks Melbourne.
How do I find a top Melbourne real estate agent who knows Eastwood 1 At Heritage Oaks Melbourne?
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 Eastwood 1 At Heritage Oaks Melbourne and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Eastwood 1 At Heritage Oaks Melbourne?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Eastwood 1 At Heritage Oaks Melbourne purchase or sale - no call center and no pressure.
Buyers who prize gated security and want a mature neighborhood over a construction zone.Excellent fit
Households seeking 2,500+ square feet with room to customize finishes on their own timeline.Excellent fit
Investors or second-home buyers comfortable with sparse inventory cycles and patient hold strategies.Excellent fit
Buyers who need to see multiple comparable listings side-by-side before deciding.Probably not
Anyone expecting move-in-ready perfection without allocating budget for updates or repairs.Probably not
Households requiring new construction warranties or the latest energy-efficiency and smart-home standards.Probably not

Nearby Communities

Explore more neighborhoods near Eastwood 1 At Heritage Oaks Melbourne with Momentum Realty’s local guides.

SOSaddlebrooke Of W Melbourne A Replat Of Saddleb Melbourne0.3 mi awayWPWestbrooke Phase Vii Replat Of Lots 5 6 And 7 Of F Melbourne0.5 mi awayHOHeritage Oaks West Melbourne0.5 mi awayWAWoodfield At Heritage Oaks West Melbourne0.5 mi awayCPCannova Park Sec A Melbourne0.5 mi awayCPCompass Pointe Melbourne0.5 mi awayHollywood Estates Melbourne0.6 mi awayCWClements Wood Melbourne0.6 mi away

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.

Own a home here?

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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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