Meadowridge
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Meadowridge I Melbourne is a small enclave of just 31 homes built primarily in the mid-1990s, with construction spanning from 1988 to 2023. The median home offers 2,774 square feet, and the homestead share of 77% signals a stable owner-occupant base. With zero active listings at present, this is effectively a closed market—inventory moves when someone dies, divorces, or relocates, not because homes sit unsold.
For buyers, the challenge is access: you cannot shop here on your timeline. For sellers, the scarcity creates leverage, but the tiny sample size means comps are thin and appraisals can swing on condition and finishes. Price is less about market momentum and more about the specific home and its updates relative to the median age of three decades.
Figures in this note are as of July 16, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
A 31-home enclave in Melbourne with a median build year of 1994, largely owner-occupied, and little turnover—when something lists, it is typically the only option.
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 Meadowridge is best for.
Best for
- Buyers who have identified Melbourne as their target city and are willing to monitor the market for six to twelve months until the right home surfaces
- Move-up buyers seeking 2,700+ square feet in an established, low-turnover setting without HOA fees or mandatory amenities
- Investors with patient capital who can wait for off-market estate or relocation opportunities and understand the appraisal and liquidity constraints
Probably not for
- First-time buyers on a tight closing timeline who need multiple listings to compare and negotiate
- Buyers who want community amenities, a pool, or social infrastructure as part of the package
- Sellers expecting rapid turnover or a liquid resale market—this is a hold-for-years location, not a flip-friendly zone
The market around Meadowridge
Meadowridge 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 Meadowridge specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Meadowridge I, 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 November 2026 through November 2026. Deemed reliable but not guaranteed.
Recent Developments in Meadowridge I
Development, infrastructure, retail, and school activity affecting Meadowridge I, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Retail & Dining
Margarita Island opens in the former El Chico building on Evans Road, Melbourne
The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.
What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 5 miles northwest of Meadowridge I, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Market
Brevard September home sales: single-family slows while condos and townhomes gain
Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.
What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 14 miles north of Meadowridge I, elsewhere in Brevard County.
Source: Space Coast Daily - October 2026Infrastructure
Melbourne starts a citywide road condition survey with a scanning van
City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.
What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 2 miles northeast of Meadowridge I.
Source: WFTV - 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 project is about 4 miles northwest of Meadowridge I, elsewhere in Brevard County.
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 Meadowridge I, elsewhere in Brevard County.
Source: WFTV - 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 project is about 4 miles northwest of Meadowridge I, elsewhere in Brevard County.
Source: CFL Roads (FDOT)
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 Meadowridge buying strategy.
If we were buying in Meadowridge 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 Meadowridge.
Small, stable, and scarce
Meadowridge I Melbourne functions more like a private street than a traditional subdivision. Homes are spacious—median living area of 2,774 square feet—and the community skews toward original or long-term owners. The near-80% homestead rate is unusually high for Brevard, suggesting most residents are here for the long haul.
The span from 1988 to 2023 indicates infill or teardown activity, but the median year built of 1994 tells you most of the community was developed in a single wave thirty years ago. There are no identified amenities—no pool, no clubhouse, no HOA common areas noted in MLS records. What you are buying is the home itself and the Melbourne location, not a lifestyle package.
The zero-listing environment is not a fluke; it is the norm for a community this small. Turnover happens in single digits annually, and when a home does come to market, buyers have little to compare it against. That cuts both ways: sellers face less competition, but appraisers lean heavily on condition, updates, and the handful of recent comps that may exist outside the neighborhood.
The location and the amenities are priced into every listing in Meadowridge. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 31-home community with no active listings, access is everything. Momentum Realty monitors off-market signals, pre-listing conversations, and estate transitions that never hit the MLS. We also know how to price and position a home when the last comparable sale was six months ago and two streets over. Whether you are waiting for the rare listing or preparing to sell into a zero-inventory environment, you need a broker who understands scarcity markets and does not rely on automated tools that break down at this scale.
Meadowridge in 15 seconds.
Tools for a Meadowridge 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 Meadowridge sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Meadowridge, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Frequently Asked Questions
How many homes are in Meadowridge?
What share of Meadowridge is owner-occupied?
When were the homes in Meadowridge built?
Who is the best real estate agent for Meadowridge?
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Should you buy in Meadowridge?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Meadowridge with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: November 12, 2026) |
| Housing stock & ownership | Florida DOR 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.
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