Meadow Cove in Melbourne

Meadow Cove

Established Melbourne neighborhood · Centex, late 1980s · Brevard County

An established deed-restricted neighborhood in Melbourne, reported as about 180 Centex homes from the late 1980s. The read is the specific home, the lot, and confirming the current HOA and what it covers.

Established Melbourne neighborhoodCentex, late 1980sDeed-restricted HOA
Live Market Pulse
54/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Meadow Cove

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
$340K
Median Price
6mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$225/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Meadow Cove is an established deed-restricted single-family neighborhood in Melbourne, Brevard County, reported to include about 180 homes built by Centex in the late 1980s and governed by the Meadow Cove Homeowners Association. Homes are reported to run roughly twelve hundred to seventeen hundred square feet, so this is a smaller-footprint community where condition and updates drive value. The location is reported to be convenient to shopping, a golf course, Wickham Park and a short drive to the beach. The read is the specific home, its lot and condition, and confirming the current HOA, exactly what it covers, and the deed restrictions. Treat all figures and counts as reported until you verify them with the association and the listing."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Meadow Cove market snapshot (as of June 17, 2026): the median sale price is about $340K ($225 per sq ft), a buyer-leaning market (limited data). Based on 4 recent closings in live Space Coast MLS data.

Meadow Cove is an established single-family neighborhood in Melbourne (reported ZIP 32935), Brevard County. Third-party profiles describe about 180 homes built by Centex in the late 1980s, in a deed-restricted community governed by the Meadow Cove Homeowners Association.

Homes here are reported to run roughly twelve hundred to seventeen hundred square feet, single-family, on standard neighborhood lots. That smaller footprint is part of the value story, and it means condition, updates and the specific lot matter more than the community average.

The neighborhood is reported to sit close to shopping, a golf course and Wickham Park, with the Melbourne-area beaches a short drive away. Confirm the exact location and what is nearby for any specific home.

As a deed-restricted HOA neighborhood, Meadow Cove carries dues and rules that change over time. Confirm the current HOA dues, exactly what they cover, and the deed restrictions in writing with the association, and confirm the school assignment by address with Brevard Public Schools if that matters to you.

Best for

  • Buyers who want an established, deed-restricted Melbourne neighborhood
  • Buyers who value a smaller-footprint single-family home near parks and shopping
  • Buyers who will comp the specific home, lot and condition
  • Buyers who will confirm the current HOA and deed restrictions

Probably not for

  • Buyers who want a gated, amenity-rich master plan
  • Buyers who want brand-new or large-footprint construction
  • Buyers who want walkable beach access rather than an inland setting
  • Buyers unwilling to confirm the HOA and deed restrictions

How Meadow Cove is performing right now

54/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
6Months of supplytight
72Median days on marketdays
1 : 2Under contract vs for salestrong demand
4Sold in last 12 monthsliquidity
+0%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 Meadow Cove listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

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

Homes For Sale Right Now in Meadow Cove

Live MLS inventory for Meadow Cove. 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 Meadow Cove 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.

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.

The takeaway

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

Wickham Park~5 to 12 min · approximate, varies with traffic
Melbourne shopping and dining~5 to 12 min · local retail
I-95 interchange~8 to 15 min · main highway access
Atlantic beaches (Melbourne area)~15 to 25 min · short drive
Downtown Melbourne~10 to 18 min · dining and shops
Orlando Melbourne Intl Airport~10 to 18 min · regional airport

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 Meadow Cove with Momentum Realty’s local guides.

OrangeCreekOrangeCreekMelbourne, FL · adjacentCedar RunCedar RunMelbourne, FL · 0.2 miSouth LakesMelbourneSouth LakesMelbourneMelbourne, FL · 0.2 miAcres ofDiamondsAcres ofDiamondsMelbourne, FL · 0.3 miLake WashingtonTownhomesLake WashingtonTownhomesMelbourne, FL · 0.3 miCalico HeightsCalico HeightsMelbourne, FL · 0.5 miLongwoodLongwoodMelbourne, FL · 0.5 miRiverwalkof MelbourneRiverwalkof MelbourneMelbourne, FL · 0.5 miEmmas CoveMelbourneEmmas CoveMelbourneMelbourne, FL · 0.5 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
Meadow Cove (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

Meadow Cove 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 Meadow Cove address.

The takeaway

What is actually shaping value around Meadow Cove, sourced and dated. We do not publish rumor.

Recent Developments in Meadow Cove

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

Net OutlookBullishThe structural story is an established, deed-restricted Melbourne neighborhood near parks and shopping, where the specific home, the lot and condition drive outcomes. Watch Brevard's steady price and inventory shifts, and confirm the HOA and deed restrictions before you offer.

Brevard County market adjusting, not collapsing

2025
NeutralNotable impact
SignificanceRadius: Area

Brevard coverage describes a steadier market with gradually rising inventory, which favors patient buyers who comp the specific home.

Established neighborhood, condition-driven value

Ongoing
NeutralMinor impact
SignificanceRadius: Community

In a late-1980s Centex community, updates and condition drive resale more than the community average, so comp the actual home.

Confirm the HOA and deed restrictions

Ongoing
NeutralMinor impact
SignificanceRadius: Community

Reported HOA dues and deed restrictions change over time, so confirm the current figure and rules in writing before you offer.

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 Meadow Cove, 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 ↓

  1. September 2025
    Market

    Brevard County market update

    Brevard County real estate coverage from 2025 described a market that is adjusting rather than collapsing, with gradually rising inventory and modest median price movement across the county. Why it matters: A steadier market rewards buyers who comp the specific home and confirm the full carrying cost rather than chasing a community average. Source

Development alerts for Meadow CoveGet a short monthly email when something new is approved, funded, or opens near Meadow Cove.

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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.

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

1

Confirm the current HOA and what it covers. Get the exact dues and inclusions in writing before you decide.

2

Confirm the deed restrictions that apply to the home you are considering.

3

Comp the specific home, lot and condition, not the community average, since updates drive value in a late-1980s community.

4

Confirm the school assignment by address with Brevard Public Schools if that matters to you.

5

Weigh a gated Melbourne alternative like Baytree on amenities and total carrying cost.

Best Buy
A well-kept, updated home on a good lot, priced to recent neighborhood comps, with the HOA and deed restrictions confirmed.
Biggest Risk
Overpaying for a home that needs updates, or assuming the HOA scope without confirming current dues and inclusions.
Best Lot
Lot, condition and updates drive value here more than the community average; comp the actual home.
Smart Timing
With Brevard inventory rising gradually, patient buyers who comp carefully can find room; confirm fees and comps first.
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

Meadow Cove is an established deed-restricted single-family neighborhood in Melbourne (reported ZIP 32935), Brevard County, reported to include about 180 homes built by Centex in the late 1980s and governed by the Meadow Cove Homeowners Association. Homes are reported to run roughly twelve hundred to seventeen hundred square feet on standard lots. The neighborhood is reported to sit close to Wickham Park, shopping and a golf course, with the Melbourne-area beaches a short drive away. Confirm the HOA dues and inclusions, the deed restrictions, the specific home and lot, and the school assignment by address with Brevard Public Schools, since details change.

The takeaway

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

Entry: smaller or dated homes
$280K to $332K

The smaller or less-updated homes and standard interior lots, the entry door into an established Melbourne neighborhood. Confirm current pricing on the live listings below.

Lowest entry
Core: mid-size single-family
$332K to $379K

The mid-size single-family homes in average to good condition, the core of the neighborhood. Confirm current pricing on the live listings below.

Most inventory
High: updated homes and better lots
$379K to $379K

The updated homes and the better lots, where condition and finishes set the price. Confirm current pricing on the live listings below.

Strongest resale

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

$280K to $332K
Entry: smaller or dated homes
The smaller or less-updated homes and standard interior lots, the entry door into an established Melbourne neighborhood. Confirm current pricing on the live listings below.
$332K to $379K
Core: mid-size single-family
The mid-size single-family homes in average to good condition, the core of the neighborhood. Confirm current pricing on the live listings below.
$379K to $379K
High: updated homes and better lots
The updated homes and the better lots, where condition and finishes set the price. Confirm current pricing on the live listings below.

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

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
Jon Brooks, Momentum Realty
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.

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.

Jon Brooks, Momentum Realty
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 Meadow Cove

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.

Meadow Cove is easy to like for the established setting near parks and shopping. The deal is won or lost on the specific home, the lot and the condition, not the community average.

Jon Brooks · Founder, Momentum Realty
7.1B · Buy Score
Resale Strength7.1/10
Renovation Risk6.6/10
Location Efficiency7.6/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage7.8/10

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.

Why our read on Meadow Cove 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.

Which Lots & Views Hold Value Best

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
  • Golf, lake, and preserve lots hold value best
  • Interior lots are where buyers overpay
  • The lot cannot be renovated, the house can
  • Premium homesites resell faster
  • ~3% asking premium for premium lots today

In a built-out club community, the lot is the resale insurance

The houses can be renovated, but the lot and view cannot. Golf frontage, lakefront, and preserve lots consistently command higher premiums and resell faster than interior lots backing to another home. The premium you pay for a great homesite is the discount you avoid when you sell.

The mistake is paying an estate price for a base interior lot. We help buyers spot which homesites carry real, durable premiums and which are dressed-up interiors, so your money lands where the market will give it back.

Strongest resaleGolf frontage and lakefront homesites at Meadow Cove

Golf & lakefront lots

Open views over the course or the 26 community lakes. The scarcest, most in-demand homesites; they command the highest premiums and resell fastest.

Strong resalePreserve-backing homesites at Meadow Cove

Preserve lots

Backing to protected preserve means privacy with no rear neighbor. A consistent favorite that holds value well above a standard interior lot.

Moderate resaleCul-de-sac and larger interior homesites at Meadow Cove

Cul-de-sac & larger lots

Less traffic, more yard, and an easy walk to the club for some streets. A real but smaller premium that depends on the street and parcel size.

Value tierStandard interior homesites at Meadow Cove

Standard interior lots

The most affordable way through the gates, and the best renovation value. Just do not pay a golf or lake price for one, this is where buyers most often overpay.

Relative resale strength by lot and view, illustrative of how Meadow Cove homesites trade. The exact premium depends on the specific home, the view, and the street.

Meadow Cove in 15 seconds.

Best forBuyers who want an established, deed-restricted Melbourne neighborhood with a smaller-footprint single-family home near parks and shopping.
Strong onA convenient Melbourne location near Wickham Park and shopping, single-family ownership, and a reported moderate carrying cost.
WatchThe current HOA dues, inclusions and deed restrictions, plus the condition of a late-1980s home. Confirm all of it in writing.
Sweet spotAn updated home on a good lot, priced to recent neighborhood comps, with the HOA confirmed.
Not forBuyers who want gated amenities, brand-new or large-footprint construction, or walkable beach access.

HOA, CDD & Fees

15-Second Take
  • Confirm the current HOA dues and inclusions in writing
  • Confirm the deed restrictions that apply
  • Comp the specific home, lot and condition
  • Confirm the school assignment by address
  • Budget for insurance on late-1980s Florida construction

We do not publish a precise HOA figure here because dues change. Confirm the current Meadow Cove HOA dues, exactly what they include, and the deed restrictions with the association before you offer.

Reported HOA scope for a deed-restricted neighborhood like this is typically common-area upkeep and deed-restriction administration rather than a full amenity package. Do not assume inclusions; confirm the current budget and what is covered with the association.

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.

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 Meadow Cove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Baytree, 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 Meadow Cove home worth?

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

Real comps, not a Zestimate.

Meadow Cove Market Scorecard

Buyer-Leaning Market (limited data)

Meadow Cove is currently a buyer-leaning market (limited data). About 6.0 months of supply, a median asking price of $367,450.

6.0
Months supply
$367,450
Median list
$339,750
Median sold
$225
Per sqft
n/a
Days on mkt
2/1/4
Active/Pend/Sold

Typical home value in the 32935 ZIP is $270,319, about 14.9% 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 2026-06-18. Refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Meadow Cove located?
An established single-family neighborhood in Melbourne, Brevard County (reported ZIP 32935), reported to be near Wickham Park, shopping and a golf course, with the Melbourne-area beaches a short drive away. Confirm the exact location for any specific home.
Who built Meadow Cove?
Third-party profiles report Meadow Cove was built by Centex in the late 1980s. Confirm the specific builder and year built for any home you consider.
How many homes are in Meadow Cove?
Third-party sources describe about 180 single-family homes. Treat the count as reported and confirm with the HOA and the listing.
What does the HOA cost at Meadow Cove?
We do not publish a precise HOA figure here because dues change. Confirm the current Meadow Cove HOA dues, what they include, and the deed restrictions with the association before you offer.
Is Meadow Cove a deed-restricted community?
Yes, third-party profiles describe Meadow Cove as a deed-restricted neighborhood with a homeowners association. Confirm the current restrictions in writing with the association before you offer.
What kind of homes are in Meadow Cove?
Single-family homes, reported to run roughly twelve hundred to seventeen hundred square feet on standard lots. Confirm the specific size, year built, lot and condition for any home you consider.
What schools serve Meadow Cove?
The community is in Brevard Public Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific home with the district.
How far is the beach from Meadow Cove?
Reported at roughly fifteen to twenty-five minutes by car to the Melbourne-area Atlantic beaches. This is an inland Melbourne community. Confirm your real drive at your real departure time.
What does a home in Meadow Cove cost?
We do not publish a price figure here. Pricing tracks the specific home, its lot, size and condition. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.
Is Meadow Cove near Wickham Park?
Third-party profiles report Meadow Cove is conveniently close to Wickham Park, shopping and a golf course. Confirm the exact distances for any specific home at the times you would really drive them.
Is now a good time to buy in Meadow Cove?
It depends on the specific home and the carrying cost. With Brevard inventory rising gradually, patient buyers who comp carefully can find room. We pull live inventory and comps so you can judge value on the actual property.
Do I need my own agent to buy in Meadow Cove?
Yes. The listing agent works for the seller. Your own agent confirms the HOA and deed restrictions, pulls true comps, and negotiates for you. Momentum Realty represents you, not the seller.
You want an established, deed-restricted Melbourne neighborhoodExcellent fit
You value a smaller-footprint single-family home near parks and shoppingExcellent fit
You will comp the specific home, lot and conditionExcellent fit
You will confirm the current HOA and deed restrictionsExcellent fit
You want a convenient inland location near Wickham ParkExcellent fit
You want a gated, amenity-rich master planProbably not
You want brand-new or large-footprint constructionProbably not
You want walkable beach access rather than an inland settingProbably not
You will not confirm the HOA and deed restrictionsProbably not
You want acreage or a no-HOA settingProbably not

Get the inside read on Meadow Cove

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

We respond personally, usually the same day.

You are all set.

A Momentum Realty Meadow Cove specialist will reach out personally, usually the same day.

Space Coast MLS logo
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.

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