Lakewood Manor
Homes for Sale in Melbourne, FL

Lakewood Manor 1st Addition is a compact, established Melbourne subdivision in Brevard County. There are no shared amenities identified in current listings, so this is a place you buy for the house and the location, not for community extras.

Space Coast MLS sales records identify 42 homes in Lakewood Manor that have changed hands since 2004, built between 1966 and 2009 (median 1981), with a median living area of about 2,758 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Lakewood Manor is too small for its own price trend, so here is the market around it.

In ZIP 32934, 70 homes are on the market and 27% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

In ZIP 32934 (Melbourne), 110 homes closed in the last 12 months at a median of $385K ($211/sq ft), up 0.3% year over year, with a median 35 days on market. Right now 7 active and 3 pending listings. See the live ZIP 32934 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Lakewood Manor specifically. Momentum Research analysis of MLS records.

With no community amenities showing in the current MLS snapshot, there's no HOA-driven amenity story here — no pool, clubhouse, or gated entry doing the selling. That tends to keep carrying costs simpler, and it puts the spotlight squarely on each individual property's merits.

Because it's an established Melbourne neighborhood, expect variation in age, updates, and finish level from home to home. The practical takeaway: value tracks condition and lot, so comparable sales need to be read closely rather than averaged. Location within greater Melbourne and Brevard County is part of the draw, but the home you choose will define what you pay and what you get.

In a small, condition-driven subdivision like this, the right comp matters more than a headline number. We work the individual property — its updates, its lot, its position against the handful of comparable homes — so buyers don't overpay and sellers don't underprice. That local, house-by-house read is where a Melbourne broker earns their keep.