Georgiana Reserve
Homes for Sale in Merritt Island, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
Homes listed or recently sold were built 2021 - 2022; 4 of 4 report an HOA (median $138/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). Georgiana Reserve is a community in Merritt Island, Brevard County, FL. Across Merritt Island as a whole, 267 homes closed in the last 12 months at a median of $439,900, 49 median days on market, with 71 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,860 ($6,240 with the full homestead exemption).
Georgiana Reserve is a small, recent build-out on Merritt Island - 46 homes, all constructed between 2021 and 2023, with a median living area of 3,558 square feet. Price here is driven less by location trades and more by the size and condition of these near-new houses: this is a large-home enclave, and the square footage is doing the heavy lifting on value. The gated setup and boat dock add to the story, but the underlying product is what sets the number.
As of July 15, 2026, there are zero active listings. That is the single most important fact for anyone circling this community: there is nothing to buy right now, and with only 46 homes total, resale supply is thin by design. A buyer needs patience and a standing relationship with someone watching the feed daily; a seller holds real scarcity leverage and should not rush. When a home does surface, condition and finish will decide where it lands.
The 60-Second Overview
A gated, water-access community of 46 recently built, large-format homes on Merritt Island - small enough that inventory is rarely available and each listing carries outsized weight.
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 Georgiana Reserve. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Georgiana Reserve
Georgiana Reserve
Georgiana Reserve
Georgiana ReservePhotos from Space Coast MLS listings in Georgiana Reserve; content deemed reliable but not guaranteed.
Who Georgiana Reserve is best for.
Best for
- Buyers seeking a near-new, 3,500-plus-square-foot home in a gated setting and able to wait for the right listing
- Boat owners who value on-site dock access and maintained grounds
- Second-home or investment buyers comfortable that a large share of homes here are not owner-occupied
Probably not for
- Anyone on a tight timeline who needs to close within a defined window
- Buyers wanting a smaller or lower-priced footprint than this large-format stock offers
- Buyers who want to avoid HOA rules, gate access restrictions, or dock verification steps
The market around Georgiana Reserve
Georgiana Reserve 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 Georgiana Reserve specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Georgiana Reserve, Merritt Island
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
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 September 2026 through September 2026. Deemed reliable but not guaranteed.
Georgiana Reserve 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, tiles © CARTO.
Life at Georgiana Reserve
- Gated · reported on 2 of 4 listings
- Security Gate · reported on 1 of 4 listings
- Boat Dock · reported on 1 of 4 listings
- Maintenance Grounds · reported on 1 of 4 listings
- Management - Off Site · reported on 1 of 4 listings
- Management - Full Time · reported on 1 of 4 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.
The Georgiana Reserve buying strategy.
If we were buying in Georgiana Reserve 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 Georgiana Reserve.
A closed-loop market of new, oversized homes
The building years cluster tightly - 2021 to 2023, median 2022 - so the housing stock is uniform and new, with little of the deferred-maintenance risk you find in older communities. At a median of 3,558 square feet, these are substantial homes, and the community pairs that with a gated entry, a security gate, a boat dock, and maintained grounds under full-time off-site management. Verify current amenity access and any dock rules directly with the HOA before you rely on them.
The homestead share sits near 46 percent, meaning a meaningful portion of these homes are not owner-occupied as primary residences. That matters for two reasons: it hints at second-home and investment use in the mix, and it can affect your tax picture as a buyer, since a non-homesteaded purchase resets the assessed value. With no active listings and a total of only 46 homes, expect long stretches of quiet punctuated by rare, quickly-moving opportunities.
The location and the amenities are priced into every listing in Georgiana Reserve. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 46-home community with nothing currently listed, the deal is made before the sign goes up. We monitor this feed daily, know the floor plans and lot positions, and can move the moment a home comes available - or open a quiet conversation with an owner on your behalf. For sellers, we understand the scarcity you hold and how to price near-new, large-format inventory when comparable sales are sparse.
Georgiana Reserve 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 Georgiana Reserve 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 Georgiana Reserve sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Georgiana Reserve, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Georgiana Reserve home worth?
Get a no-obligation home value based on real comparable sales in Georgiana Reserve, 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 Merritt Island →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Brevard County scorecard.
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.
Georgiana Reserve Market Scorecard
Georgiana Reserve is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.
Typical home value in the 32952 ZIP is $440,414, about 10.6% 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 2026-09-12. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Georgiana Reserve?
What share of Georgiana Reserve is owner-occupied?
When were the homes in Georgiana Reserve built?
Who is the best real estate agent for Georgiana Reserve?
How do I find a top Merritt Island real estate agent who knows Georgiana Reserve?
Can Momentum Realty connect me with an agent for Georgiana Reserve?
Should you buy in Georgiana Reserve?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Georgiana Reserve with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: September 12, 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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Georgiana Reserve fits the bigger picture — live prices, inventory, and Momentum Scores: