Misty Way in Melbourne

Misty Way
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · Brevard County homes for sale

Community in Melbourne · Brevard County
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True comps, carrying-cost math, and listings before the portals.

Photo via Space Coast MLS

Built fromLive Space Coast MLS data22 years of closingsUpdated twice daily

Homes listed or recently sold were built 1997–2000; 3 of 3 report an HOA (median $40/mo). As of September 2026, the MLS records 60 closed sales in Misty Way Phase Ii Pud in Melbourne, FL since 2004, the most recent in May 2026. Recorded prices since 2024 ran from $245,000 to $372,000 (median $324,900), on homes of 1,080 to 1,440 sq ft. Across Melbourne as a whole, 1,127 homes closed in the last 12 months at a median of $385,000, 44 median days on market, with 229 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $5,070 ($4,450 with the full homestead exemption).

Live · Misty Way Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Misty Way Phase II is a small planned-unit development in Melbourne, and with only a single closing in the current window, this is a thin-data market. That means price here is set less by a clear comp trail and more by the specific condition, layout, and updates of whatever home actually comes up for sale. Treat any one sale as a data point, not a trend.

For a seller, thin inventory can cut both ways: little direct competition, but also little to anchor a buyer's expectation, so presentation and honest pricing do the heavy lifting. For a buyer, patience matters more than usual — you may wait for the right home to list, and when it does, the negotiation turns on the property itself rather than a crowded field of alternatives.

Nearby homes for sale

No active listings inside Misty WayHomes for Sale in Melbourne, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

126 Preston Lane #126
$150K · 0.1 mi away
2 bd · 1 ba · 815 sqft
126 Preston Lane #126
Listed by Engel & Voelkers Melb Downtown
2432 Misty Way Lane
$305K · 0.1 mi away
3 bd · 2 ba · 1,236 sqft
2432 Misty Way Lane
Listed by RE/MAX Elite
2315 Early Dawn Circle
$340K · 0.1 mi away
2 bd · 2 ba · 1,139 sqft
2315 Early Dawn Circle
Listed by Coldwell Banker Coast Realty
101 Bristol Lane #101
$125K · 0.2 mi away
2 bd · 2 ba · 890 sqft
101 Bristol Lane #101
Listed by Acosta Realty of Florida Inc.
2235 Myla Lane
$324K · 0.2 mi away
3 bd · 2 ba · 1,620 sqft
2235 Myla Lane
Listed by Realty City Inc
2356 Skywind Circle
$158K · 0.3 mi away
2 bd · 2 ba · 1,044 sqft
2356 Skywind Circle
Listed by Beycome of Florida LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Misty Way Phase II PUD is a compact residential pocket in Melbourne, Brevard County, without amenities identified in current MLS listings — the draw here is the homes and the location, not a clubhouse or gated package.

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.

Best for

  • Buyers set on the Melbourne area who want a specific home rather than a resort-style community
  • Patient buyers willing to wait for the right listing in a low-inventory pocket
  • Sellers who will price honestly and invest in presentation to stand out with few comps

Probably not for

  • Buyers who require on-site amenities like a pool, clubhouse, or gated entry
  • Buyers who need a deep, active listing pool to compare and negotiate against
  • Investors relying on a clear neighborhood price trend to underwrite a deal

The market around Misty Way

Misty Way 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 Misty Way specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Misty Way Phase Ii Pud, Melbourne

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 3 listings
Distress share trend — 0.0% now (2026-09-13 → 2026-09-19)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Misty Way

Live MLS inventory for Misty Way. 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 Misty Way listings as of 2026-09-26, 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.

Every Home for Sale in Misty Way Phase Ii Pud Right Now (1)

All 1 active and pending Misty Way Phase Ii Pud listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 2432 Misty Way Lane · $305,000 · 3 bd / 2 ba · listed Jun 27, 2026 · listed by RE/MAX Elite

Listing locations from Space Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Brevard County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Croton · Elementary
  • Johnson · Middle
  • Eau Gallie · High

Zoned schools reflect the assignments reported on recent Misty Way 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 Misty Way address.

If we were buying in Misty Way today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Misty Way.

Best Buy
Buyers who want a Melbourne home and value the house over shared amenities.
Biggest Risk
Thin data makes pricing harder to pin down on any single home.
Sweet Spot
A well-maintained or updated home priced against a home-specific analysis.
Avoid If
You need a pool, gym, or gated amenity package.

A low-volume PUD in Melbourne

This is a planned-unit development, so expect a defined layout and likely some HOA governance, but the current listing set shows no community amenities. Buyers who want pools, gyms, or gated entries should look elsewhere; the value proposition here is the house and where it sits in the Melbourne market, not shared facilities.

With just one closing in the window, there is no reliable spread to quote, no clean entry or top-of-market picture. Anyone underwriting a purchase or a sale should lean on a fresh, home-specific analysis rather than assume a neighborhood-wide number applies.

“

The location and the amenities are priced into every listing in Misty Way. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume community like this, generic pricing tools miss badly. We work the actual condition, upgrades, and location of the specific home, cross-check it against the wider Melbourne market, and give you a straight read on what it should trade for — including when the answer is to wait or walk.

Misty Way in 15 seconds.

Best forBuyers who want a Melbourne home and value the house over shared amenities.
Biggest advantageLow listing volume means little direct competition when you sell.
Biggest riskThin data makes pricing harder to pin down on any single home.
Sweet spotA well-maintained or updated home priced against a home-specific analysis.
Avoid ifYou need a pool, gym, or gated amenity package.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Misty Way homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Misty Way.
In short
  • HOA dues reported around $38/month (about $456/yr) · median of 26 MLS listings, most billed annually
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $38 per month ($456 a year) — the median AssociationFee across 26 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Misty Way sales matched to your home.

What is your Misty Way home worth?

Get a no-obligation home value based on real comparable sales in Misty Way, 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 all homes for sale in Melbourne →

Real comps, not an automated estimate.
Buyers set on the Melbourne area who want a specific home rather than a resort-style communityExcellent fit
Patient buyers willing to wait for the right listing in a low-inventory pocketExcellent fit
Sellers who will price honestly and invest in presentation to stand out with few compsExcellent fit
Buyers who require on-site amenities like a pool, clubhouse, or gated entryProbably not
Buyers who need a deep, active listing pool to compare and negotiate againstProbably not
Investors relying on a clear neighborhood price trend to underwrite a dealProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: September 26, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (60 transactions analyzed)

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 local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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Common questions about Misty Way

Where is Misty Way?

Misty Way is a community in Melbourne, Brevard County, Florida.

Are there homes for sale in Misty Way right now?

No active listings inside Misty Way at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Misty Way have an HOA or CDD?

No HOA is on record for Misty Way in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

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

MWMisty Way0.1 mi away · 106 homes, built 1990–00EPEnglish Park Condo0.1 mi away · median $153K, 7 sales/12 moEPEmerald Park Condo0.2 mi away · median $142K, 5 sales/12 moWhisper Lake0.2 mi away · 43 homes, built 2001–02, 1 for saleLRLansing Ridge0.2 mi away · median $370K, 6 sales/12 moLRLansing Ridge Subd0.2 mi away · median $360K, 17 sales/12 moT1The 19Th Hole Condo0.3 mi awayT1The 19Th Hole Condo0.3 mi away · median $130K, 6 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in Misty Way Phase Ii Pud? 1 recorded closings (window ending 2026-07-15). See the Brevard County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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