Lund
Gardens

Melbourne · Brevard County

A small, settled close-in pocket near downtown Melbourne, where condition, the lot, and walkability do the work, not a clubhouse.

Established single-familyNear downtown MelbourneLikely no HOA

Live Market Pulse

56/100
Momentum

Balanced Market (limited data)

Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.

Free · No obligation

Unlock Off-Market Lund Gardens

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

$351K

Median Price

6mo

Supply

n/a

Avg DOM

Balanced

Seller Leverage

$232/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Lund Gardens is a small, established neighborhood of older detached single-family homes on and around Lund Circle near downtown Melbourne, in the 32901 area of Brevard County. There is no amenity machine and, in a pocket like this, typically no mandatory association, though that should be confirmed for any specific parcel. Value is driven by the home itself, its condition, its lot, and the walkable proximity to the historic district, New Haven Avenue and the riverfront, far more than by anything community-wide. Because the pocket is small, comparable sales are thin, so pricing takes real work and the read is condition first. The honest approach is to inspect older systems carefully, quote insurance early, confirm any HOA or deed restrictions and the exact zoned schools, and build the comparable set by hand before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Lund Gardens market snapshot (as of June 17, 2026): the median sale price is about $351K ($232 per sq ft), a balanced market (limited data). Based on 2 recent closings in live Space Coast MLS data.

Lund Gardens is a small, established neighborhood of older detached single-family homes on and around Lund Circle near downtown Melbourne, in the 32901 area of Brevard County, Florida. It is a close-in, walkable pocket rather than a planned community, so the experience is defined by the streets, the trees, and the proximity to the historic district rather than by shared amenities.

There is no community clubhouse, pool or gate here. The draw is location: walkable proximity to downtown Melbourne and New Haven Avenue dining, nearby riverfront parks along the Indian River, and quick access to the US-1 corridor and the causeways to the barrier-island beaches. For buyers who want character and a settled address over a new subdivision, that trade is the appeal.

Because the housing stock is older and varied, condition is the central question. Roof age, electrical and plumbing, prior renovations and permits, and the insurance and flood picture all vary home to home and should be read carefully during diligence. A well-updated home and an original one can sit on the same street at very different values.

In a small pocket, comparable sales are thin, so pricing is done by hand rather than off a community average. Confirm whether any HOA or deed restrictions apply, verify there is no unexpected district assessment on the parcel, and confirm the current zoned schools with Brevard Public Schools before you offer.

Quick Match

Who Lund Gardens is best for.

Best for

Buyers who want a close-in, walkable address near downtown Melbourne
Buyers who value character in older homes over a new subdivision
Buyers who prefer likely no HOA and fewer restrictions, confirmed for the parcel
Buyers who will inspect older systems carefully and price condition honestly

Probably not for

Buyers who want community amenities, a pool, or a gated entrance
Buyers who want new construction and current-code systems throughout
Buyers who need a deep, easy comp set rather than hand-built pricing
Buyers unwilling to read renovation scope, insurance and flood carefully

Market Pulse

How Lund Gardens is performing right now

56/100
momentum

Balanced Market (limited data)

Seller's marketBalancedBuyer's market

6Months of supplytight

72Median days on marketdays

1 : 1Under contract vs for salestrong demand

2Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

-10%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 Lund Gardens listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Melbourne Court or Melbourne. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now1 : 1active : pending

For sale1

Pending1

Sold 12mo2

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Lund Gardens buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Lund Gardens

Live MLS inventory for Lund Gardens. 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.

3075 Ellis Drive home for sale in Lund Gardens

ActiveTop listing

$335,000

3 bd · 2 ba · 1,595 sqft · built 1962

3075 Ellis Drive, Melbourne, 32904

Reno opportunityBest value

Listed by Legacy Real Estate Partners

3130 Ellis Drive home for sale in Lund Gardens

Pending

$369,900

3 bd · 2 ba · 1,568 sqft · built 1964

3130 Ellis Drive, West Melbourne, 32904

Listed by Relentless Real Estate Co.

Active and pending Lund Gardens 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.

Interactive Map

Lund Gardens on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

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.

Nearby & Commute

How far is everything?

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Drive times from Lund Gardens. They are approximate and vary with traffic and your exact start point.

Downtown Melbourne and New Haven Avenue~3 to 6 min · approximate, varies with traffic

Indian River and riverfront parks~4 to 7 min · mainland riverfront

Melbourne Orlando International Airport~10 to 14 min · regional airport

I-95 at US-192~10 to 15 min · main highway access

Health First Holmes Regional Medical Center~6 to 9 min · major hospital

Barrier-island beaches via causeway~15 to 22 min · Atlantic beaches, mainland community

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near LundGardens with Momentum Realty’s local guides.

La Bertha LawnMelbourne, FL · 0.1 mi

East MagnoliaParkMelbourne, FL · 0.2 mi

Goode Park TerraceMelbourne, FL · 0.5 mi

Country Club Colonynear Downtown MelbourneMelbourne, FL · 0.6 mi

ParamountRiverfrontMelbourne, FL · 0.9 mi

Gramling ParkMelbourneMelbourne, FL · 1.1 mi

Dartmouth TrailMelbourne, FL · 1.1 mi

Sunset TerraceMelbourne, FL · 1.1 mi

GolfviewEstatesMelbourne, FL · 1.2 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

Lund Gardens (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

Lund Gardens 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 Lund Gardens address.

The takeaway

What is actually shaping value at Lund Gardens, framed honestly. We do not publish rumor, and a small older pocket rarely generates community-specific headlines.

Recent Developments in Lund Gardens

Development Intelligence

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

Net OutlookBullishThe structural story is a close-in, walkable Melbourne address where condition and the lot drive value. Watch downtown Melbourne investment and the broader Brevard insurance and rate picture, both of which shape demand for older close-in homes more than anything inside this pocket.

Close-in location near downtown Melbourne supports demand

BullishWalkable proximity to downtown Melbourne, New Haven Avenue and the riverfront is durable demand that does not depend on amenities, which supports value for well-kept homes here. impact

SignificanceRadius: Community

Close-in location near downtown Melbourne supports demand

Older housing stock makes condition the central value driver

NeutralRoof age, systems and prior updates vary home to home, so two homes on the same street can sit at very different values. Inspect carefully and quote insurance early. impact

SignificanceRadius: Community

Older housing stock makes condition the central value driver

Thin comparable sales require hand-built pricing

NeutralBecause the pocket is small, there are few recent sales to lean on, so pricing is done parcel by parcel rather than off a community average. Build the comp set by hand. impact

SignificanceRadius: Community

Thin comparable sales require hand-built pricing

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 Lund Gardens, 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 ↓

Ongoing
Area
Downtown Melbourne reinvestment shapes close-in demand
Brevard County coverage has tracked continued investment in and around downtown Melbourne and the New Haven Avenue district, which supports demand for nearby walkable, close-in neighborhoods. Why it matters: Proximity to downtown is the durable demand driver here. Weigh how walkable a specific Lund Gardens home is to the historic core when you read value. Source
Ongoing
Insurance
Florida insurance and roof age weigh on older-home value
Statewide reporting has documented how roof age and home condition affect Florida property insurance cost and availability, which matters most for older housing stock like that in Lund Gardens. Why it matters: Quote insurance early on any older home here and factor roof age and updates into your offer, since they affect both cost and insurability. Source

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 Strategy

The Lund Gardens buying strategy.

If we were buying in Lund Gardens, this is the order of operations we would run, and the one we run for our clients.

Inspect the older systems first. Read roof age, electrical, plumbing and any prior renovations and permits before you fall for the location.

Quote insurance early. On older homes, roof age and updates drive both cost and insurability, so get a real quote before you offer.

Build the comp set by hand. In a small pocket the community average means little; price against the closest truly comparable sales.

Confirm any HOA or deed restrictions and check the parcel for assessments. Likely none here, but verify rather than assume.

Confirm the zoned schools and cross-shop a peer, the comparable close-in pocket of Melbourne Court, on condition and location.

The Quick Decision

Best Buy

A solidly updated home on a good lot, priced against a hand-built comp set, with insurance quoted and condition confirmed.

Biggest Risk

Buying an original-condition older home without scoping the renovation, or overpaying when thin comps make pricing soft.

Best Lot

Lots nearer the historic district and riverfront carry the location premium; interior lots are the value.

Smart Timing

Move when the right home appears and the diligence checks out; in a thin market, readiness is the edge.

Deep-Dive Intelligence

The full read, only if you want it.

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

The Homes

Type

Single-family, detached

Character

Older, established stock

Built

Mixed, mid-century and earlier (confirm)

Setting

Near downtown Melbourne

Costs & Fees

HOA

Likely none, confirm with listing

CDD

Not expected, verify parcel

Value driver

Condition and lot

Amenities

Downtown

Walkable historic district

Dining

New Haven Avenue nearby

Parks

Riverfront and creek parks nearby

River

Indian River minutes east

Location

Setting

Close-in Melbourne, 32901

Beaches

Barrier island via causeway

Highway

US-1 and I-95 access

The Homes: Older and Varied

Lund Gardens is established stock, which means range. Some homes are original or lightly updated; others have been fully renovated with new roofs, kitchens, baths and systems. That spread is the single biggest driver of value, and it is why two homes a block apart can carry very different numbers.

For buyers, the implication is simple: inspect thoroughly and quote insurance early. Roof age and updates drive both insurance cost and insurability in Florida, and on older homes that line item can move the math meaningfully. A value-tier home that needs work can be a bargain or a project, the inspection and a real renovation estimate tell you which.

The honest approach: read the house before you fall for the walk to downtown. We pull a hand-built comp set, scope the renovation where needed, and get an insurance quote before you write a number, because in a small older pocket that diligence is the difference between a smart buy and a surprise.

Want the real read? We will send recent nearby sales and an honest condition note on any Lund Gardens home you are watching.

Get the numbers

What Living Here Is Actually Like

The rhythm of a close-in Melbourne address:

A typical week

A walk or short drive to New Haven Avenue for dinner, errands along US-1, time at the riverfront parks, and the barrier-island beaches a causeway away on the weekend. The location does the work that amenities do in a planned community.

The character factor

Older homes, mature trees, and settled streets give this pocket a character that newer subdivisions cannot replicate. For many buyers here, that is the entire appeal.

What buyers should watch

Condition, insurance and flood. Older homes reward careful diligence and punish skipping it. Read roof age and systems, and quote insurance before you offer.

The Lund Gardens Buyer Checklist

Inspect roof, electrical and plumbing thoroughly on any older home.
Quote insurance early, roof age and updates drive cost and insurability.
Build the comp set by hand against the closest truly comparable sales.
Confirm any HOA or deed restrictions with the listing.
Check the parcel's tax bill for any unexpected assessment.
Verify flood zone given proximity to the river.
Get a renovation estimate on any value-tier home.
Confirm zoned schools by address with Brevard Public Schools.

Jon Brooks · Co-Founder, Momentum Realty

Lund Gardens is one of those close-in Melbourne pockets where the location sells itself and the house is where the real diligence lives. I have watched buyers fall for the walk to New Haven Avenue and gloss over a roof that needed replacing. The fix is order of operations: read the house, quote the insurance, and build the comp set by hand, then enjoy the location.

In a small pocket like this, the community average tells you almost nothing. The right number comes from the closest truly comparable homes, matched to condition and lot, every time.

Lund Gardens vs. the Alternatives

The honest comparison set for a Lund Gardens buyer in the Melbourne area:

Community	Type	HOA	The trade
Lund Gardens	Established single-family	Likely none, confirm	Walkable to downtown, older stock, condition-led
Melbourne Court	Established single-family	Confirm with listing	Another small close-in pocket, condition-led pricing
Palmwood	Established single-family	Reported none, confirm	No-HOA homes, value-focused, near the beach causeways

The pattern: these are all close-in, established Melbourne-area pockets where the home and the location, not an amenity package, drive value. The right match is about which location and which condition tier fit your plan.

Touring more than one? We will build you a same-day route across the close-in Melbourne pockets with honest condition notes in hand.

Plan the tour

The Honest Pros & Cons

What Lund Gardens gets right

Close-in, walkable location near downtown Melbourne
Character in older homes and settled, tree-lined streets
Likely no HOA and fewer restrictions, confirm for the parcel
Riverfront parks and New Haven Avenue dining within reach
Quick access to US-1, the airport and the causeways

What to go in eyes-open about

Older stock means roof, systems and updates need careful diligence
Thin comps make pricing a hand-built exercise
No community amenities; you are buying a home and a location
Insurance and flood vary by parcel near the river
Renovation scope can surprise buyers of older homes

Lund Gardens Homes For Sale

What your money buys in Lund Gardens.

The takeaway

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

Here are the broad resale bands in Lund Gardens today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Value: original or dated

$285K to $285K

Older homes in original or dated condition, priced for a renovation. The work and the lot decide whether this is a bargain or a project.

Lowest entry

Core: updated

$285K to $417K

Homes with kitchens, baths, roof and systems already updated. The core of the close-in market, where move-in readiness earns the premium.

Most inventory

Upper: renovated or strong lot

$417K to $417K

Fully renovated homes or those on stronger lots nearer the historic district and riverfront, where location and finish stack together.

Strongest resale

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

See Off-Market & Private Listings

What Your Money Buys

What ~$351K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$285K to $285K

Value: original or dated

Older homes in original or dated condition, priced for a renovation. The work and the lot decide whether this is a bargain or a project.

$285K to $417K

Core: updated

Homes with kitchens, baths, roof and systems already updated. The core of the close-in market, where move-in readiness earns the premium.

$417K to $417K

Upper: renovated or strong lot

Fully renovated homes or those on stronger lots nearer the historic district and riverfront, where location and finish stack together.

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

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Lund Gardens, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Lund Gardens is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

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.

Resale Strength Scorecard

How well Lund Gardens holds value.

Our read on the factors that protect resale here, and the one to manage.

No CDD on the tax billStrong

Central Melbourne locationStrong

Scarce, established homesitesStrong

Established, in-demand locationPositive

All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Lund Gardens

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Lund Gardens is bought for location and character, and won or lost on condition and a hand-built comp set, not on any community amenity. Read the house first, then enjoy the walk to downtown.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.6B · Buy Score

Resale Strength7.6/10

Renovation Risk6.4/10

Location Efficiency8.6/10

Long-Term Defensibility7.4/10

Carrying Cost Advantage8.6/10

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.

Momentum Housing Intelligence

Why our read on Lund Gardens 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.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

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

Lake / 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

Lots nearer the historic district carry the premium
Riverfront-adjacent lots hold value best
Interior lots are the value buy
Lot and condition drive price more than size alone
Read the lot and the systems before the finishes

In Lund Gardens, value is driven by condition first and location within the pocket second. Lots nearer the historic district and the riverfront carry the location premium and tend to hold value best, while interior lots are the value buy. Because the stock is older, the systems and roof matter as much as the lot, so comp a home against its own condition and location tier rather than the neighborhood average, and weigh the renovation scope honestly before you offer.

The 15-Second Verdict

Lund Gardens in 15 seconds.

Best forBuyers who want a close-in, walkable address near downtown Melbourne with character in an older home.

Strong onWalkability to downtown and the riverfront, likely no HOA, settled streets, and quick access to US-1 and the causeways.

WatchOlder-home condition, insurance and flood, and thin comps that make pricing soft. Inspect carefully and build the comp set by hand.

Not forBuyers who want amenities, new construction, or an easy, deep comp set rather than hand-built pricing.

The edgeAn updated home on a good lot here, with insurance quoted and condition confirmed, can be durable value in a walkable close-in pocket.

HOA, CDD & Fees

15-Second Take

HOA likely none, confirm for the specific parcel
No CDD expected, verify the tax bill
No community amenities; location is the draw
Owners maintain their own homes and lots
Confirm any deed restrictions before you offer

An established older pocket like Lund Gardens typically has no mandatory homeowners association, so there is usually no community due to budget. That is not guaranteed for every parcel, so confirm whether any HOA or deed restrictions apply to a specific home with the listing before you offer.

With likely no association, there is generally no bundled service or amenity package; owners maintain their own homes and lots. Confirm whether any voluntary association, deed restriction or shared arrangement exists for a specific property.

There is no community clubhouse, pool or gate in Lund Gardens. The amenities here are the location, downtown Melbourne, New Haven Avenue, and the riverfront parks, rather than anything inside the neighborhood.

Run Your Numbers

Tools for a Lund Gardens buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxBrevard County millage and the homestead picture.Rent vs buyThe breakeven on owning in Lund Gardens.Save Our HomesProject your homestead tax cap over time.

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.

Selling in Lund Gardens

Price it to condition, the lot, and the walkable location, against a hand-built comp set.

If you are selling in Lund Gardens, the right list price comes from the closest truly comparable nearby sales matched to your home's condition and lot, not from a community average, because the pocket is small and comps are thin.

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 Lund Gardens, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Melbourne Court, 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 Lund Gardens home worth?

Get a no-obligation home value based on real comparable sales in Lund Gardens 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 Lund Gardens on the map →
Or get your Lund Gardens home value & selling guide →

Real comps, not a Zestimate.

Lund Gardens Market Scorecard

Balanced Market (limited data)

Lund Gardens is currently a balanced market (limited data). About 6.0 months of supply, a median asking price of $335,000.

6.0

Months supply

$335,000

Median list

$351,000

Median sold

$232

Per sqft

n/a

Days on mkt

1/1/2

Active/Pend/Sold

Typical home value in the 32901 ZIP is $270,716, about 7.7% above 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 Lund Gardens located?

Lund Gardens is a small, established neighborhood on and around Lund Circle near downtown Melbourne, in the 32901 area of Brevard County, Florida, close to the historic district and the Indian River.

Is Lund Gardens a single-family neighborhood?

Yes. Lund Gardens is an established pocket of older detached single-family homes. There is no large amenity package; value is driven by the home, its condition, and its close-in walkable location.

Does Lund Gardens have an HOA?

An established older pocket like this typically has no mandatory homeowners association, but that is not guaranteed for every parcel. Confirm whether any HOA or deed restrictions apply to a specific home with the listing before you offer.

Is there a CDD or district assessment in Lund Gardens?

A community development district assessment is not expected in an older established neighborhood like this, but assessments are parcel-specific. We pull the actual tax bill for any home you are considering to confirm there are no surprises.

How old are the homes in Lund Gardens?

The neighborhood is established, with older housing stock that ranges in age and character. Because ages and updates vary home to home, confirm the build year, roof age and system updates for any specific property during diligence.

What are home prices like in Lund Gardens?

Pricing sorts by condition and the lot rather than by a community price sheet, from value-tier homes needing renovation up to renovated homes near the historic district. We pull the exact comparable sales for any specific home before you offer.

Is Lund Gardens walkable to downtown Melbourne?

Yes, walkable proximity to downtown Melbourne, New Haven Avenue dining and riverfront parks is one of the main reasons buyers choose this close-in pocket. Exact walk distance depends on the specific home within the neighborhood.

What amenities does Lund Gardens have?

Lund Gardens is a residential pocket without a community clubhouse or pool. The amenities are the location itself, downtown Melbourne, New Haven Avenue, riverfront parks, and easy access to US-1 and the causeways.

How far is the beach from Lund Gardens?

Barrier-island beaches are reachable by causeway, roughly fifteen to twenty-two minutes by car depending on the route and traffic. This is a close-in mainland neighborhood, not a beachside one.

Should I get an inspection on an older Lund Gardens home?

Absolutely. Older homes warrant a thorough inspection of roof, electrical, plumbing, and any prior renovations or permits. Quote insurance early as well, since roof age and updates affect both cost and insurability.

What schools serve Lund Gardens?

The neighborhood is served by Brevard Public Schools, with assignment by address. Zoning changes over time, so confirm the current elementary, middle and high school for any specific home with the district before you rely on it.

Is now a good time to buy in Lund Gardens?

Timing in a small pocket depends on the specific home and the thin comp set around it rather than a community trend. Prepared buyers who have read condition and confirmed the fine print can move quickly when the right home appears.

Do I need my own agent to buy in Lund Gardens?

Yes. In a small, older pocket with thin comps, your own agent builds the right comparable set, reads condition and renovation scope, checks insurance and flood, and confirms any HOA or assessment. Momentum Realty does exactly that.

The Verdict

Should you buy in Lund Gardens?

An honest fit check. We will tell you when it is not your community.

You want a close-in, walkable address near downtown MelbourneExcellent fit

You value character in an older home over a new subdivisionExcellent fit

You prefer likely no HOA and fewer restrictions, confirmed for the parcelExcellent fit

You will inspect older systems carefully and quote insurance earlyExcellent fit

You are comfortable pricing against a hand-built comp setExcellent fit

You want community amenities, a pool, or a gated entranceProbably not

You want new construction and current-code systems throughoutProbably not

You need a deep, easy comp set rather than hand-built pricingProbably not

You will not read renovation scope, insurance and flood carefullyProbably not

You want a beachside rather than a close-in mainland addressProbably not

Get the inside read on Lund Gardens

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Lund Gardens 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.

You are all set.

A Momentum Realty Lund Gardens specialist will reach out personally, usually the same day.

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.

LundGardens

The 60-Second Overview

Who Lund Gardens is best for.

Best for

Probably not for

How Lund Gardens is performing right now

Homes For Sale Right Now in Lund Gardens

Lund Gardens on the map.

How far is everything?

Nearby Communities

Schools

Recent Developments in Lund Gardens

Close-in location near downtown Melbourne supports demand

Older housing stock makes condition the central value driver

Thin comparable sales require hand-built pricing

Downtown Melbourne reinvestment shapes close-in demand

Florida insurance and roof age weigh on older-home value

The Lund Gardens buying strategy.

The full read, only if you want it.

The Homes

Costs & Fees

Amenities

Location

What Lund Gardens gets right

What to go in eyes-open about

What your money buys in Lund Gardens.

What ~$351K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Lund Gardens holds value.

5 Mistakes Buyers Make in Lund Gardens

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Lund Gardens is different.

Which Lots & Views Hold Value Best

Lund Gardens in 15 seconds.

HOA, CDD & Fees

Tools for a Lund Gardens buy.

Price it to condition, the lot, and the walkable location, against a hand-built comp set.

In Lund Gardens, condition and view decide your number

What is your Lund Gardens home worth?

Price History: What Homes Here Have Actually Sold For

Lund Gardens Market Scorecard

Frequently Asked Questions

Should you buy in Lund Gardens?

Get the inside read on Lund Gardens

You are all set.

Need to sell fast in Brevard County?

You just read the data. Now see what your home is worth.

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