Lake Pointe Suntree
Homes for Sale in Melbourne, FL
All 738 homes for sale in Melbourne, FL · median $396,950 · 271 homes for sale in 32940 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of October 2026, the MLS records 69 closed sales in Lake Pointe Suntree in Melbourne, FL since 2004, the most recent in June 2026. Recorded prices since 2024 ran from $295,000 to $333,000 (median $320,000), on homes of 1,060 to 1,372 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 $4,990 ($4,370 with the full homestead exemption).
Part of the Suntree master-planned community in Melbourne, FL — see all Suntree homes for sale (51 listings across 55 villages and sections in the MLS).
| Location | Melbourne, Brevard County, FL · ZIP 32940 |
|---|---|
| Homes in the community | 197 (FL DOR 2025 assessment roll) |
| Years built | 1978–1998 (median 1985) |
| Typical living area | 1,806 sq ft (median) |
| Owner-occupied (homestead) share | 68% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Pointe Suntree key facts,” movewithmomentum.com/neighborhoods/lake-pointe-suntree, data as of September 20, 2026.
Lake Pointe sits inside the Suntree area of Melbourne, and with no shared amenities showing up in current MLS listings, price here is driven by the house itself — condition, updates, lot, and how well a given home shows. There is no clubhouse or gate premium to lean on, so the spread between an updated home and a dated one can be wide.
The recent closing window is thin, so treat any single sale as a data point rather than a trend. For sellers, that means pricing to condition and comparable evidence, not to a headline number. For buyers, it means a well-prepared home will still move, and a tired one gives you room to negotiate on the work it needs.
Nearby homes for sale
No active listings inside Lake Pointe SuntreeHomes 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
Lake Pointe is a residential pocket within Suntree in Melbourne, Brevard County, positioned close to the daily infrastructure of the Suntree corridor. It trades on the merits of individual homes rather than community amenities.
County records show 13 qualified sales in Lake Pointe Suntree across 2024–2025 (8 in 2024, 5 in 2025), median $318,000 — 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 Lake Pointe Suntree is best for.
Best for
- Buyers who value proximity to the Suntree corridor over resort-style community features
- Buyers willing to take on a dated home and budget for updates in exchange for negotiating room
- Buyers who want a move-in-ready home and will pay for condition when they find one
Probably not for
- Buyers whose budget depends on a clubhouse, pool, or gated amenities being part of the deal
- Buyers who want deep recent sales data to anchor a purchase before making an offer
- Buyers unwilling to look past cosmetics to evaluate a home on its systems and lot
The market around Lake Pointe Suntree
Lake Pointe Suntree is too small for its own price trend, so here is the market around it.
In ZIP 32940, 418 homes are on the market and 34% 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 32940 (Melbourne), 1,061 homes closed in the last 12 months at a median of $405K ($219/sq ft), up 0.4% year over year, with a median 40 days on market. Right now 150 active and 54 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32940 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Lake Pointe Suntree specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Lake Pointe Suntree, Melbourne
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.
The Lake Pointe Suntree buying strategy.
If we were buying in Lake Pointe Suntree 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 Lake Pointe Suntree.
What actually moves value here
With no community amenities identified from current listings, value in Lake Pointe comes back to the fundamentals: the condition of the home, the quality of its updates, and the specifics of its lot. Two homes on the same street can price quite differently depending on how recently kitchens, baths, roofs, and systems have been touched.
Because we are working from a small recent closing set, comparable analysis matters more than usual. We look at what has actually sold, adjust for condition, and resist the temptation to anchor to any one number. That discipline protects sellers from overpricing and buyers from overpaying.
The location and the amenities are priced into every listing in Lake Pointe Suntree. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on recent data and without amenity premiums to simplify the math, pricing has to be built from condition and comparables — not guesswork. We do that work honestly, tell you where a home stands relative to what has sold, and flag the deferred maintenance that changes the number before you commit.
Lake Pointe Suntree 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 Lake Pointe Suntree 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 Lake Pointe Suntree sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Pointe Suntree, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Pointe Suntree home worth?
Get a no-obligation home value based on real comparable sales in Lake Pointe Suntree, 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 Lake Pointe Suntree?
What share of Lake Pointe Suntree is owner-occupied?
When were the homes in Lake Pointe Suntree built?
Who is the best real estate agent for Lake Pointe Suntree?
How do I find a top Melbourne real estate agent who knows Lake Pointe Suntree?
Can Momentum Realty connect me with an agent for Lake Pointe Suntree?
Where is Lake Pointe Suntree, and what county is it in?
Should you buy in Lake Pointe Suntree?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32940)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (69 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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