Fairway Lakes at Viera in Melbourne

Fairway Lakes
at Viera

Gated community · Alongside Duran Golf Club · ZIP 32940

A gated Viera community alongside the Duran Golf Club with lake and golf views.

GatedGolf and lake viewsCentral Viera
Live Market Pulse
52/100
Momentum
Buyer-Leaning Market (limited data)
This is a view-driven gated market; the lot, the view, and the finish decide where a specific home trades far more than any headline figure.
Free · No obligation
Unlock Off-Market Fairway Lakes

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Space Coast MLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseSpace Coast MLS
$900K
Median Price
4mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$301/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Fairway Lakes at Viera is a gated community alongside the Duran Golf Club, with larger homes from a roster of well-known area builders and a mix of lake and golf-course frontage. The read here is the homesite: golf and lake frontage carry durable premiums, while interior lots are where buyers most often overpay. With Viera continuing to add retail and amenities nearby, location is a tailwind; the work is matching a specific home and lot to real comps."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Fairway Lakes at Viera market snapshot (as of June 17, 2026): the median sale price is about $900K ($301 per sq ft), a buyer-leaning market (limited data). Based on 9 recent closings in live Space Coast MLS data.

Fairway Lakes at Viera is a gated community in the Viera area of Melbourne, in the reported 32940 ZIP, set alongside the Duran Golf Club with expansive lake and golf-course views. The community is reported to include roughly 231 homes, generally larger single-family residences in the range of about 2,400 to 4,000-plus square feet on spacious lots.

The homes were built by a roster of well-known area builders, commonly cited as Emerald Homes, Christopher Burton, Joyal Construction, Arthur Rutenberg, Viera Builders, and Toll Brothers, so floor plans and finish levels vary across the community. That variety means condition and finish, alongside the lot, drive where a specific home lands.

The setting is the draw: a gated entry, lake and golf frontage, and an easy reach to The Avenue Viera and its shopping, dining, and entertainment. The Duran Golf Club is a separate facility, so confirm whether any golf membership is included or optional for a specific home rather than assume it.

For move-up buyers who want a larger home in a gated Viera setting with golf and lake views, Fairway Lakes is one of the stronger options in the area. The work is reading the homesite premium, confirming the HOA dues and any golf or CDD costs, and matching the home to recent comparable sales.

Best for

  • Move-up buyers who want a larger home in a gated Viera setting
  • Buyers who value lake and golf-course views at their doorstep
  • Anyone prioritizing an easy reach to The Avenue Viera shopping and dining
  • Buyers who will read the homesite premium and finish level honestly

Probably not for

  • Buyers seeking an attainable entry price point
  • Anyone who wants a no-HOA, no-gate arrangement
  • Buyers who want a small, low-maintenance home or villa
  • Buyers who need to be on the beach rather than inland Viera

How Fairway Lakes is performing right now

52/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
4Months of supplytight
72Median days on marketdays
0 : 3Under contract vs for salestrong demand
9Sold in last 12 monthsliquidity
+29%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from the Space Coast MLS, as of June 17, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Fairway Lakes listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Fairway Lakes at Viera buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Fairway Lakes

Live MLS inventory for Fairway Lakes at Viera. 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 Fairway Lakes listings as of 2026-06-17, priced high to low. Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.. Tap any home to ask about it.

Listing locations from Space Coast MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take
  • Gated entry with lake and golf-course views
  • Adjacent to the Duran Golf Club
  • Larger homes from several well-known builders
  • Minutes to The Avenue Viera and I-95
  • Confirm HOA, any CDD, and golf costs in writing

Fairway Lakes at Viera is a gated community in the Viera area of Melbourne (reported 32940), set alongside the Duran Golf Club with lake and golf-course views. The community is reported to include roughly 231 larger single-family homes, commonly in the 2,400 to 4,000-plus square-foot range, built by a roster of well-known area builders including Emerald Homes, Christopher Burton, Joyal Construction, Arthur Rutenberg, Viera Builders, and Toll Brothers. The Duran Golf Club is a separate, adjacent facility, so any golf membership is a separate decision from owning a home. Confirm the current HOA dues, any CDD or district assessment, and the golf arrangement with the listing.

The takeaway

The central Viera location is the point: The Avenue Viera, I-95, the hospital, and golf are all minutes away, with the airport and beaches a bit beyond.

The Avenue Viera~5-8 min · ~2-3 miles
Duran Golf Club~2 min · Adjacent
I-95 interchange~5-8 min · ~3 miles
Viera hospital (Health First)~8-10 min · ~4 miles
Melbourne Orlando Int'l Airport (MLB)~20-25 min · ~12 miles
Atlantic beaches (Satellite Beach)~25-35 min · ~15 miles
Orlando (via I-95 and SR 528)~60-70 min · ~55 miles

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Fairway Lakesat Viera with Momentum Realty’s local guides.

SandhillCrossingSandhillCrossingMelbourne, FL · 0.3 miRegents Walkin SuntreeRegents Walkin SuntreeMelbourne, FL · 0.6 miTimberlakeTimberlakeMelbourne, FL · 0.6 miBridgewaterat VieraBridgewaterat VieraMelbourne, FL · 0.8 miSuntreeLakesSuntreeLakesMelbourne, FL · 0.8 miCypress Traceat SuntreeCypress Traceat SuntreeMelbourne, FL · 0.8 miTrasonaVieraTrasonaVieraMelbourne, FL · 0.8 miHIHeritage Isle Homes for Sale in Viera, FLViera, FL · 0.9 miAVAddison Village Homes for Sale in Viera, FLViera, FL · 0.9 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Fairway Lakes (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Fairway Lakes is served by Brevard County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Fairway Lakes address.

The takeaway

What is actually shaping value around Fairway Lakes at Viera: the continued growth of The Avenue Viera and the surrounding area, the adjacent Duran golf setting, and a tightening Brevard County market. Each market item is sourced and linked.

Recent Developments in Fairway Lakes at Viera

Our read on what is being built around Fairway Lakes, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishViera's continued amenity growth, the adjacent Duran golf setting, and a tightening county market point up. The near-term watch item is simply the spread between view lots and interior homesites.

Viera retail and amenity growth

2025
BullishMajor impact
SignificanceRadius: Area

Continued retail and amenity additions at The Avenue Viera strengthen the location appeal underpinning home values.

Brevard inventory tightening into 2026

2025
BullishNotable impact
SignificanceRadius: County

Tightening single-family supply across Brevard supports pricing for well-presented gated homes.

Aerospace-driven Space Coast demand

Ongoing
BullishNotable impact
SignificanceRadius: Region

Aerospace and job growth across the Space Coast underpins steady demand for larger Viera homes.

Duran Golf Club as an amenity anchor

Ongoing
BullishNotable impact
SignificanceRadius: Adjacent

An adjacent, well-regarded golf facility supports the setting and views that drive value in the community.

View premiums reward frontage lots

Ongoing
BullishNotable impact
SignificanceRadius: Community

Scarce lake and golf frontage lots hold durable premiums over interior homesites.

Confirm any CDD or district assessment

Ongoing
NeutralMinor impact
SignificanceRadius: Community

Viera-area carrying costs can include district assessments, so verify the full picture per parcel.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Fairway Lakes at Viera, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. December 2024
    Area

    The Avenue Viera adds new retailers

    The Avenue Viera announced in December 2024 the addition of new retailers including American Eagle, Aerie, and Nordstrom Rack, reflecting continued growth at the Viera lifestyle center. Why it matters: A growing retail and lifestyle hub nearby strengthens the location appeal underpinning gated Viera home values. Source

  2. October 2025
    Market

    Space Coast inventory tightens, pending sales rise

    Reporting in late 2025 described tightening single-family inventory and rising pending sales across Brevard County heading into 2026. Why it matters: A tightening market supports pricing for well-presented gated homes in the Viera area. Source

Development alerts for Fairway Lakes at VieraGet a short monthly email when something new is approved, funded, or opens near Fairway Lakes at Viera.

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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 Fairway Lakes, this is the order of operations we would run, and the one we run for our clients.

1

Read the homesite first. Golf and lake frontage holds value; interior lots are where buyers overpay in a view-driven community.

2

Confirm the HOA dues and any CDD. Get the current amounts, the inclusions, and any pending assessments in writing.

3

Clarify the golf arrangement. Duran is a separate club, so confirm whether any membership is included or optional for a specific home.

4

Match the builder and finish to comps. With several builders here, floor plan and finish drive the spread alongside the lot.

5

Cross-shop nearby gated communities like Baytree to calibrate value before you offer.

Best Buy
A well-finished home on golf or lake frontage matched to comps
Biggest Risk
Overpaying for an interior lot without a view
Best Lot
Golf or lake frontage over interior homesites
Smart Timing
Confirm the HOA, any CDD, and the golf arrangement before you offer
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Fairway Lakes at Viera is a gated community in the Viera area of Melbourne (reported 32940), set alongside the Duran Golf Club with lake and golf-course views. The community is reported to include roughly 231 larger single-family homes, commonly in the 2,400 to 4,000-plus square-foot range, built by a roster of well-known area builders including Emerald Homes, Christopher Burton, Joyal Construction, Arthur Rutenberg, Viera Builders, and Toll Brothers. The Duran Golf Club is a separate, adjacent facility, so any golf membership is a separate decision from owning a home. Confirm the current HOA dues, any CDD or district assessment, and the golf arrangement with the listing.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

The Interior Home
$760K to $889K

A larger home on an interior lot without prime frontage, the more attainable way into the gates for a value-focused buyer.

Lowest entry
The View Home
$889K to $1.12M

A well-finished home on lake or golf frontage, the heart of the market here and where most buyers want to be.

Most inventory
The Premium Frontage Home
$1.12M to $1.27M

A larger, upgraded home on prime lake or golf frontage, the homes that hold value best and sell fastest.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$760K to $889K
The Interior Home
A larger home on an interior lot without prime frontage, the more attainable way into the gates for a value-focused buyer.
$889K to $1.12M
The View Home
A well-finished home on lake or golf frontage, the heart of the market here and where most buyers want to be.
$1.12M to $1.27M
The Premium Frontage Home
A larger, upgraded home on prime lake or golf frontage, the homes that hold value best and sell fastest.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Golf and lake lots resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Gated, view-driven settingStrong
Central Viera locationStrong
Adjacent Duran golf amenityStrong
Larger homes, varied buildersSolid
Confirm HOA and any CDD costsManage it

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Fairway Lakes

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Ignoring the optional club cost
  • Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

The gate and the golf setting are priced into every home. The deal is won or lost on the homesite, the view, and the finish.

Jon Brooks · Founder, Momentum Realty
8.3B+ · Buy Score
Resale Strength8.4/10
Renovation Risk4.0/10
Location Efficiency8.6/10
Long-Term Defensibility8.2/10
Carrying Cost Advantage7.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Fairway Lakes is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Space Coast MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Space Coast MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
GolfLake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Space Coast MLS; for orientation, not an appraisal.

15-Second Take
  • Lake and golf frontage holds value best
  • Interior lots are where buyers overpay here
  • The view cannot be reproduced, the finishes can
  • Wider, view-facing lots are the scarce asset
  • Read the lot and view before the upgrades

In a gated, view-driven community like Fairway Lakes, the homesite is the part of your money the market gives back at resale. Lake and golf-course frontage command durable premiums and resell faster than interior lots that face another home. The view cannot be reproduced, while finishes can always be updated, so read the lot and the view first, then weigh the builder and finish level against comparable homes in the community.

Fairway Lakes in 15 seconds.

Best forMove-up buyers who want a larger home in a gated Viera setting with golf and lake views.
Biggest advantageLake and golf frontage and a central Viera location minutes from The Avenue Viera.
Biggest riskOverpaying for an interior lot without the view that drives value here.
Sweet spotA well-finished home on golf or lake frontage matched honestly to comps.
Avoid ifYou want an attainable price point, a small home, or a beachside address.

HOA, CDD & Fees

15-Second Take
  • Gated entry with a managed homeowners association
  • Lake and golf-course frontage at the center of value
  • Duran Golf Club is a separate, adjacent facility
  • Confirm HOA dues, any CDD, and golf costs in writing
  • Minutes to The Avenue Viera shopping and dining

A gated community with a managed homeowners association. Confirm the current HOA dues, the billing schedule, and exactly what is covered with the association, since figures move and a layered or district structure may apply.

Reported to cover the gated entry, common-area landscaping, and community maintenance. Confirm the exact inclusions, any district or CDD assessment, and any pending special assessments for the current year.

The Duran Golf Club is a separate facility adjacent to the community. Golf membership is not automatic with a home here, so confirm whether any membership is included or optional and at what cost directly with the club.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Fairway Lakes, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Baytree, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Fairway Lakes home worth?

Get a no-obligation home value based on real comparable sales in Fairway Lakes matched to your condition, lot, and view, 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 Fairway Lakes at Viera on the map →
Or get your Fairway Lakes at Viera home value & selling guide →

Real comps, not a Zestimate.

Fairway Lakes Market Scorecard

Buyer-Leaning Market (limited data)

Fairway Lakes is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $999,000.

4.0
Months supply
$999,000
Median list
$900,000
Median sold
$301
Per sqft
n/a
Days on mkt
3/0/9
Active/Pend/Sold

Typical home value in the 32940 ZIP is $484,704, about 8.4% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Fairway Lakes at Viera?
Fairway Lakes is in the Viera area of Melbourne, in the reported 32940 ZIP, Brevard County, set alongside the Duran Golf Club. Confirm the exact location for a specific home with the listing.
Is Fairway Lakes at Viera a gated community?
Yes. Fairway Lakes is a gated community with a managed homeowners association and a gated entry.
How many homes are in Fairway Lakes at Viera?
The community is reported to include roughly 231 homes, generally larger single-family residences. Confirm the exact count and your specific home with the listing.
Who built the homes in Fairway Lakes at Viera?
The homes were built by a roster of well-known area builders, commonly cited as Emerald Homes, Christopher Burton, Joyal Construction, Arthur Rutenberg, Viera Builders, and Toll Brothers, so floor plans and finishes vary.
Does Fairway Lakes at Viera have golf?
The community sits alongside the Duran Golf Club, an 18-hole course with practice facilities. The club is a separate facility, so confirm whether any membership is included or optional for a specific home directly with the club.
Does Fairway Lakes at Viera have an HOA?
Yes. There is a managed homeowners association covering the gated entry and common areas. Confirm the current dues, billing schedule, and inclusions with the association.
Does Fairway Lakes at Viera have a CDD fee?
Confirm per parcel with the listing. Some Viera-area communities carry a CDD or district assessment, so verify whether one applies rather than assume.
What size are the homes in Fairway Lakes at Viera?
The homes are generally larger, commonly reported in the roughly 2,400 to 4,000-plus square-foot range on spacious lots. Confirm the exact size and floor plan for a specific home.
What schools serve Fairway Lakes at Viera?
The community is part of Brevard Public Schools in the Viera area, which includes several sought-after schools. School assignment is by address, so confirm the exact zoning for a specific home with the district.
How far is Fairway Lakes from The Avenue Viera?
The Avenue Viera, with its shopping, dining, and entertainment, is a short drive from the community, along with grocery, services, and an easy reach to I-95.
Is Fairway Lakes at Viera a good place to buy?
For buyers who want a larger home in a gated Viera setting with golf and lake views, it is one of the stronger options in the area. As with any view-driven community, the lot and finish drive the outcome; this is not a guarantee of future value.
What should I check before buying in Fairway Lakes at Viera?
The homesite and its view, the builder and finish level, the current HOA dues and inclusions, any CDD or district assessment, the Duran golf arrangement and cost, and the true comparable sales by lot and finish.
How far is Fairway Lakes from the beach?
The Atlantic beaches are roughly 25 to 35 minutes by car from inland Viera, depending on traffic and your exact route. Viera trades a beachside address for a central, amenity-rich location.
Should I use the listing agent to buy in Fairway Lakes at Viera?
No. The listing agent works for the seller. On a larger home where the lot, view, and finish swing value meaningfully, having your own representation is the highest-leverage decision you make.
Move-up buyers who want a larger home in a gated Viera settingExcellent fit
Buyers who value lake and golf-course views at their doorstepExcellent fit
Anyone prioritizing an easy reach to The Avenue Viera shopping and diningExcellent fit
Buyers who will read the homesite premium and finish level honestlyExcellent fit
Buyers comfortable with a managed HOA and a separate golf decisionExcellent fit
Buyers seeking an attainable entry price pointProbably not
Anyone who wants a no-HOA, no-gate arrangementProbably not
Buyers who want a small, low-maintenance home or villaProbably not
Buyers who need to be on the beach rather than inland VieraProbably not
Buyers unwilling to pay an interior-lot price for a view they will not getProbably not

Get the inside read on Fairway Lakes

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Fairway Lakes home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Fairway Lakes specialist will reach out personally, usually the same day.

Space Coast MLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS.

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