Lund Gardens Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Lund Gardens Melbourne is a twenty-nine-home pocket on Melbourne's east side where most homes date to the early 1960s and a single recent build rounds out the mix. With a median year of 1964, you are buying into an era of concrete block, terrazzo, and layout quirks that will either charm you or frustrate you - there is no middle ground. The median living area of 2,474 square feet is generous for the vintage, meaning many of these homes have been expanded over the decades. Price in Melbourne at this age is a function of updates, floor plan flow, and whether the mechanicals have been replaced in the last ten years.
Four months of supply and one active listing puts the neighborhood in balanced territory, but with a sample this small the number is more directional than predictive. Just over three-quarters of owners homestead here, which speaks to stability but also means turnover is infrequent. If a well-kept example comes to market, expect it to move; if it sits, the condition or price is off.
Lund Gardens Melbourne right now
🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 (1 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Space Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The setting & the homes.
Aerial and on-site photos of Lund Gardens Melbourne. Swipe to explore the community.
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Lund Gardens Melbourne
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Lund Gardens MelbournePhotos from Space Coast MLS listings in Lund Gardens Melbourne; content deemed reliable but not guaranteed.
Who Lund Gardens Melbourne is best for.
Best for
- Buyers with renovation budgets who want a larger midcentury footprint and the patience to address systems and finishes over time.
- Homesteaders looking for a quiet Melbourne block with low turnover and room to put down roots without master-plan rules.
- Cash or construction-loan buyers who can see past deferred maintenance and price in the cost of a full mechanical refresh.
Probably not for
- Buyers who need a move-in-ready home with modern systems, finishes, and warranties in place from day one.
- Investors chasing frequent turnover and tight comp sets - inventory here is too thin and too variable.
- Anyone who wants community amenities, an HOA structure, or a neighborhood with predictable resale comps.
The market around Lund Gardens Melbourne
Lund Gardens Melbourne 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 Lund Gardens Melbourne specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Lund Gardens Melbourne, 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 August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Lund Gardens Melbourne
Live MLS inventory for Lund Gardens Melbourne. 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 Lund Gardens Melbourne listings as of 2026-08-13, 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.
Lund Gardens Melbourne 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.
Schools
- Brevard County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Meadowlane · Elementary
- Central · Middle
- Melbourne · High
Zoned schools reflect the assignments reported on recent Lund Gardens Melbourne 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 Lund Gardens Melbourne address.
Recent Developments in Lund Gardens
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 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 project is about 13 miles northwest of Lund Gardens, elsewhere in Brevard County.
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 site is about 2 miles northwest of Lund Gardens.
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 4 miles west of Lund Gardens, 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 project is about 13 miles northwest of Lund Gardens, elsewhere in Brevard County.
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 site is about 2 miles northwest of Lund Gardens.
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 22 miles north of Lund Gardens, 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 Lund Gardens Melbourne buying strategy.
If we were buying in Lund Gardens Melbourne 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 Lund Gardens Melbourne.
What you are actually buying
Lund Gardens Melbourne is not a master-plan. It is a cluster of homes that share a name and a timeframe, built when Melbourne was still a modest Space Coast town. The median home here was framed in 1964, which means you are looking at single-story concrete block, jalousie windows that may or may not have been replaced, original terrazzo that may or may not have been covered, and electrical panels that have likely been upgraded at least once. The median square footage of 2,474 suggests either large original footprints or additions tacked on in the intervening decades - often both.
There are no community amenities identified in current listings, which is typical for a neighborhood of this scale and vintage. You buy here for the home itself and the Melbourne location, not for a clubhouse or a pool. The single recent build - 2024 - is an anomaly in the data set and will skew any aggregate number you see, so treat the medians as illustrative rather than predictive for any individual property.
With seventy-six percent of owners filing homestead exemptions, this is a hold-and-live community, not a flip-and-flip-again market. Turnover is slow, and when a home does come available, condition variance is wide. One listing active in a twenty-nine-home neighborhood is not a glut; it is background noise. The four-month supply figure is balanced on paper, but in a sample this small it tells you more about the broader Melbourne market than about Lund Gardens itself.
The location and the amenities are priced into every listing in Lund Gardens Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood this small and this old, every home is its own story. Momentum Realty knows how to read a 1960s concrete block house - what has been updated, what has been deferred, and what will cost you five figures to bring current. We will walk the crawl space, check the panel, and tell you whether that terrazzo is original or a later pour. And if a home in Lund Gardens is not right for you, we will say so before you write an offer, not after.
Lund Gardens Melbourne in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA - confirm current dues
- 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 Lund Gardens Melbourne 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 Lund Gardens Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lund Gardens Melbourne, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lund Gardens Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Lund Gardens Melbourne, 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 Melbourne on the map →
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.
32% of homes for sale in ZIP 32904 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 (2026-08-18).
Lund Gardens Market Scorecard
Lund Gardens is currently a buyer-leaning market (limited data). About 4.0 months of supply, a median asking price of $335,000.
Typical home value in the 32901 ZIP is $270,566, about 6.8% 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 2026-08-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Lund Gardens Melbourne a buyer's or seller's market right now?
How many homes are in Lund Gardens Melbourne?
What share of Lund Gardens Melbourne is owner-occupied?
When were the homes in Lund Gardens Melbourne built?
Who is the best real estate agent for Lund Gardens Melbourne?
How do I find a top Melbourne real estate agent who knows Lund Gardens Melbourne?
Can Momentum Realty connect me with an agent for Lund Gardens Melbourne?
Should you buy in Lund Gardens Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Lund Gardens Melbourne with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: July 14, 2026) |
| Housing stock & ownership | Florida DOR 2025 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 your area comps.
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