Fairway Lakes At Viera
Homes for Sale in Melbourne, FL
All 756 homes for sale in Melbourne, FL · median $394,950 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, Fairway Lakes At Viera Phase I in Melbourne, FL has 2 homes for sale. Homes listed or recently sold were built 2006 - 2017; 12 of 12 report an HOA (median $125/mo); none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 27 ft).
Part of the Viera master-planned community in Melbourne, FL — see all Viera homes for sale (118 listings across 69 villages and sections in the MLS).
Last 30 days in Fairway Lakes At Viera: 1 closed sale (median $1,382,500). As of October 20, 2026, Listing data provided by the Space Coast Multiple Listing Service. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Fairway Lakes At Viera Phase I Melbourne is a gated, golf-adjacent enclave of large-format homes - median living area is 4,330 square feet - built primarily in the early-to-mid 2010s. At 145 homes and only 2 active listings, inventory is tight. The 2.7-month supply puts this squarely in seller-leaning territory: expect negotiating leverage to tilt away from you if you're buying, and multiple showings if you're listing.
Price here is a function of size, condition, and golf-course orientation. These are not starter homes. With 84% homesteaded, turnover is episodic - owners stay. The current shallow inventory means the window narrows quickly when the right floor plan appears, and days-on-market compress when a property is priced in line with square footage and updates.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Fairway Lakes At Viera right now
🔴 Seller-leaning market. 2.7 months of supply and 33% of the inventory already under contract give sellers the pressure advantage.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 (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
A guard-gated Melbourne community of spacious homes clustered around golf, tennis, and park amenities, where inventory scarcity and high owner-occupancy define the current market posture.
Flood zones in Fairway Lakes At Viera: of 11 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Melbourne.
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.
The setting & the homes.
Aerial and on-site photos of Fairway Lakes At Viera. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Fairway Lakes At Viera
Fairway Lakes At Viera
Fairway Lakes At Viera
Fairway Lakes At Viera
Fairway Lakes At Viera
Fairway Lakes At VieraPhotos from Space Coast MLS listings in Fairway Lakes At Viera; content deemed reliable but not guaranteed.
Who Fairway Lakes At Viera is best for.
Best for
- Buyers prioritizing square footage and golf-course setting who can carry the operating costs of a large home
- Buyers seeking space, guard-gated security, and established landscaping
- Relocating professionals with budgets aligned to spacious single-family homes and tolerance for limited inventory
Probably not for
- First-time buyers or those seeking entry-level pricing and smaller floor plans
- Investors targeting rental yield - 84% homesteaded means tight turnover and limited tenant demand for homes this size
- Buyers who need immediate choice or multiple comparable listings to evaluate before committing
The market around Fairway Lakes At Viera
Fairway Lakes At Viera 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 Fairway Lakes At Viera specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Fairway Lakes At Viera
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 At Viera 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.
Fairway Lakes At Viera on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Space Coast MLS. Map data © OpenStreetMap contributors.
Life at Fairway Lakes At Viera
- Playground · reported on 11 of 11 listings
- Basketball Court · reported on 8 of 11 listings
- Gated · reported on 7 of 11 listings
- Park · reported on 4 of 11 listings
- Management - Off Site · reported on 4 of 11 listings
- Security Gate · reported on 4 of 11 listings
- Maintenance Grounds · reported on 3 of 11 listings
- Gated with Guard · reported on 1 of 11 listings
- Tennis Court(s) · reported on 1 of 11 listings
- Golf Course · reported on 1 of 11 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
- Quest · Elementary
- Kennedy · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Fairway Lakes At Viera 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 Fairway Lakes At Viera address.
Shop the zone: Homes zoned for Viera High School
Recent Developments in Fairway Lakes At Viera Phase I
Development, infrastructure, retail, and school activity affecting Fairway Lakes At Viera Phase I, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- 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 site is about 2 miles northeast of Fairway Lakes At Viera Phase I.
Source: Viera - June 2026Development
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 project is about 11 miles southeast of Fairway Lakes At Viera Phase I, elsewhere in Brevard County.
Source: FOX 35 Orlando - June 2026Development
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 project is about 12 miles south of Fairway Lakes At Viera Phase I, elsewhere in Brevard County.
Source: WFTV - 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 site is less than a mile northeast of Fairway Lakes At Viera Phase I.
Source: ClickOrlando - May 2026Infrastructure
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 10 miles southeast of Fairway Lakes At Viera Phase I, elsewhere in Brevard County.
Source: CFL Roads (FDOT) - 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 14 miles northeast of Fairway Lakes At Viera Phase I, 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 Fairway Lakes At Viera buying strategy.
If we were buying in Fairway Lakes At Viera 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 Fairway Lakes At Viera.
Large homes, tight supply, golf setting
Fairway Lakes At Viera Phase I Melbourne was developed between 2007 and 2019, with the median home dating to 2014. The defining characteristic is scale: the median living area is 4,330 square feet, which places nearly every property here well above the regional average. Buyers should budget for corresponding utility, maintenance, and insurance costs - and verify whether the square footage fits actual daily use, not aspiration.
The community is gated with guard service and offers a golf course, tennis courts, basketball court, playground, and maintained grounds. Amenities are managed off-site; confirm current access rights and fees with the HOA before contract. The 84% homestead share signals long-term owner-occupancy, which typically correlates with stable upkeep and lower rental churn but also slower turnover and fewer comps when pricing a sale.
With just 2 active listings across 145 homes, supply is constrained. The 2.7-month inventory figure means a seller-leaning market: expect fewer concessions, tighter inspection windows, and faster decisions. For buyers, patience is required - the right floor plan may not surface for weeks - but when it does, hesitation is costly. For sellers, condition and staging matter more than price cuts; well-presented homes move decisively in this supply environment.
The location and the amenities are priced into every listing in Fairway Lakes At Viera. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Momentum Realty brings Brevard County depth and a no-nonsense approach to communities where inventory moves quickly and every detail - HOA covenants, golf membership structure, flood zone, square-footage accuracy - matters. We know when a home's price reflects deferred maintenance versus premium position, and we will tell you when a property is wrong for your goals. In a seller-leaning market with limited comps, you need a broker who understands how large-format homes are priced and who will not let you overpay for square footage you will not use.
Fairway Lakes At Viera in 15 seconds.
What it really costs to own in Fairway Lakes At Viera
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $7,948/yr across 10 listings here (MLS tax records, 2026-10-20). |
|---|---|
| HOA dues | Median $125/month across 10 MLS listings (most billed semi-annually; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Brevard County is $2,348/yr (6,986 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 11 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes). |
| Roof and age | Median build year 2014 across 10 listings. An original roof here is about 12 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Email me new listings in Fairway Lakes At Viera
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 Fairway Lakes At Viera
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Fairway Lakes At Viera will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $125/month (about $1,500/yr) · median of 10 MLS listings, most billed twice a year
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $125 per month ($1,500 a year) - the median AssociationFee across 10 MLS records, normalised to a monthly figure; most are billed twice a year. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 Fairway Lakes At Viera 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 Fairway Lakes At Viera sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairway Lakes At Viera, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Fairway Lakes At Viera home worth?
Get a no-obligation home value based on real comparable sales in Fairway Lakes At Viera, 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 →
Recently off market in Fairway Lakes At Viera Phase I
Homes in Fairway Lakes At Viera Phase I that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 2941 Emeldi Lane · off market
- 6296 Arroyo Drive · off market
| Location | Melbourne, Brevard County, FL |
|---|---|
| Homes in the community | 145 (FL DOR 2025 assessment roll) |
| Years built | 2007–2019 (median 2014) |
| Typical living area | 4,330 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Gated, Playground, Basketball Court, Security Gate, Maintenance Grounds, Management - Off Site |
| For sale right now | 2 active, 1 pending · median asking $1,362,000 · 2.7 months of supply |
| Owner-occupied (homestead) share | 84% |
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, “Fairway Lakes At Viera key facts,” movewithmomentum.com/neighborhoods/fairway-lakes-at-viera-phase-i-melbourne, data as of July 15, 2026.
Just listed in Fairway Lakes At Viera
The newest homes for sale in Fairway Lakes At Viera right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 6476 Arroyo Drive $1,224,000 · 5 bd · 3.5 ba · 3,496 sq ft · new today Courtesy of Blue Marlin Real Estate
- 3020 Refuge Court $1,090,000 · 3 bd · 3 ba · 2,766 sq ft · new today Courtesy of The Mortgage Project, Inc
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Fairway Lakes At Viera Phase I Melbourne Right Now (2)
All 2 active and pending Fairway Lakes At Viera Phase I Melbourne listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6476 Arroyo Drive · $1,224,000 · 5 bd / 3.5 ba · listed Jul 22, 2026 · listed by Blue Marlin Real Estate
- 3020 Refuge Court · $1,090,000 · 3 bd / 3 ba · listed Jul 22, 2026 · listed by The Mortgage Project, Inc
Recently sold in Fairway Lakes At Viera Phase I Melbourne
- 2941 Emeldi Lane · sold $1,382,500
- 6296 Arroyo Drive · sold $1,399,900
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Melbourne home searches
- All homes for sale in Melbourne, FL
- Homes for sale in Brevard County, FL
- Melbourne pool homes for sale
- Melbourne waterfront homes for sale
- Gated communities in Melbourne
- Melbourne golf course homes
- Homes under $300K in Melbourne
- Homes from $300K to $500K in Melbourne
- 4-bedroom homes for sale in Melbourne
- Melbourne home values: what is my house worth?
Melbourne guides & data
- Market data
- Cost of living
- Best neighborhoods (ranked by data)
- Best neighborhoods
- Flood zones
- Property taxes (Brevard County)
- Homestead exemption (Brevard County)
- Home insurance cost
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
Real estate agent in Melbourne? Join Momentum in Melbourne: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Arroyo Drive (35 homes on record)
- Lamanga Drive (28 homes on record)
- Arroyo Drive (8 homes on record)
- Lamanga Drive (2 homes on record)
- Lamanga Drive (1 homes on record)
32% of homes for sale in ZIP 32940 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).
Fairway Lakes Market Scorecard
Fairway Lakes is currently a buyer-leaning market (limited data). About 2.4 months of supply, a median asking price of $1,157,000.
Typical home value in the 32940 ZIP is $490,982, about 6.8% 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 2026-10-20. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Fairway Lakes At Viera a buyer's or seller's market right now?
How many homes are in Fairway Lakes At Viera?
What share of Fairway Lakes At Viera is owner-occupied?
When were the homes in Fairway Lakes At Viera built?
Who is the best real estate agent for Fairway Lakes At Viera?
How do I find a top Melbourne real estate agent who knows Fairway Lakes At Viera?
Can Momentum Realty connect me with an agent for Fairway Lakes At Viera?
Where is Fairway Lakes At Viera, and what county is it in?
Is Fairway Lakes At Viera in a flood zone?
Should you buy in Fairway Lakes At Viera?
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.
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.
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 Fairway Lakes At Viera Phase I fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Fairway Lakes At Viera
- Find an agent · How to choose the best real estate agent in Fairway Lakes At Viera
Nearby Communities
Explore more neighborhoods near Fairway Lakes At Viera with Momentum Realty’s local guides.