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The New Georgiana Settlement in Merritt Island

The New Georgiana
Settlement

Merritt Island · Brevard County

A quiet, low-density riverfront stretch in the historic Georgiana area of south Merritt Island, where lot size, water access, and the flood zone matter more than any market headline.

Historic Georgiana areaLow-density, south Merritt IslandBanana River nearby
Live Market Pulse
52/100
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.
Free · No obligation
Unlock Off-Market New Georgiana Settlement

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
$675K
Median Price
3mo
Supply
n/a
Avg DOM
Soft
Seller Leverage
$255/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"The New Georgiana Settlement is an established, low-density riverfront area in the historic Georgiana part of south Merritt Island (ZIP 32952), near South Tropical Trail and the Banana River, where some parcels carry river access and private docks and others sit back on larger lots. This is a settled, historic-area buy rather than an amenity or new-construction play, where the value comes from a quiet island setting near the water. Because inventory is limited, few homes trade at once, so the practical read is patience plus tight diligence. The coastal piece is the one to read closely: flood zone and base flood elevation are parcel-specific, and riverfront or lower-lying parcels can carry meaningfully higher insurance, so quote it early. Established housing stock means condition and updates vary, so inspect carefully and confirm any river access, dockage, and any deed restrictions or HOA. The Georgiana name covers a historic pioneer-era area, so treat historical detail as reported. With lot, water access, and condition driving the spread, pricing turns on the specific home rather than any average, which makes careful comping the difference between a clean buy and an overpay."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The New Georgiana Settlement market snapshot (as of June 17, 2026): the median sale price is about $675K ($255 per sq ft), a buyer-leaning market (limited data). Based on 4 recent closings in live Space Coast MLS data.

The New Georgiana Settlement is an established, low-density riverfront area in the historic Georgiana part of south Merritt Island, Brevard County (ZIP 32952), near South Tropical Trail and the Banana River. It is platted and named separately from the broader Georgiana Settlement area, and like it, the homes here are established single-family rather than newly built, often on larger lots, with some parcels carrying river access and private docks.

Georgiana is one of the historic pioneer-era communities of south Merritt Island, with roots in the 1800s. Landmarks in the area include the Georgianna United Methodist Church, reported to date to 1886, and the nearby Crooked Mile (Georgiana) Cemetery. Treat historical details as reported and confirm anything specific you rely on.

The appeal here is a quiet, low-density island setting near the water, with larger lots than many denser island neighborhoods. There is no significant amenity package, so what you are buying is a settled, historic riverfront address, convenient to island shopping, beaches, and Space Coast employment. Because inventory is limited, the resale pool is thin, so buyers should expect to wait for the right combination of lot, water access, and condition.

The coastal homework is the part to read carefully. Flood zone and base flood elevation are parcel-specific along this riverfront side of the island, and riverfront or lower-lying homes can carry higher insurance, so verify the zone and quote insurance early. Inspect for roof and systems age in established stock, confirm any river access and dockage, and confirm whether any deed restrictions or HOA apply. Confirm school assignment by address with Brevard Public Schools, since zoning changes.

Quick Match

Who New Georgiana Settlement is best for.

Best for

  • Buyers who want a quiet, low-density historic island setting
  • Buyers drawn to the Banana River and possible river access
  • Buyers who value larger lots over a dense neighborhood feel
  • Patient buyers comfortable waiting for the right home in a thin market

Probably not for

  • Buyers who need a wide selection of homes available right now
  • Buyers who want a full amenity community with a clubhouse and pool
  • Buyers who want new construction and code-current systems
  • Buyers unwilling to verify flood zone, insurance, and any restrictions
Market Pulse

How New Georgiana Settlement is performing right now

52/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
3Months of supplytight
72Median days on marketdays
0 : 1Under contract vs for salestrong demand
4Sold in last 12 monthsliquidity
-3%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 New Georgiana Settlement 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 The New Georgiana Settlement buys, holds, and resells. See the five factors.

Homes For Sale Right Now in New Georgiana Settlement

Live MLS inventory for The New Georgiana Settlement. 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.

1085 Old Parsonage Drive home for sale in The New Georgiana SettlementActiveTop listing
$585,000
3 bd · 2.5 ba · 2,355 sqft · built 1991
1085 Old Parsonage Drive, Merritt Island, 32952
Reno opportunityBest valuePool
Listed by Real Broker, LLC

Active and pending New Georgiana Settlement 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

New Georgiana Settlement 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 New Georgiana Settlement. They are approximate and vary with traffic and your exact start point.

Merritt Island shopping (SR 520 corridor)~12 to 20 min · approximate, varies with traffic
Cocoa Beach~20 to 28 min · via the causeway
Kennedy Space Center area~28 to 36 min · Space Coast employment
Cocoa and I-95 (via SR 520)~22 to 30 min · mainland highway access
Orlando International Airport~58 to 72 min · via SR 528

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 The New GeorgianaSettlement with Momentum Realty’s local guides.

Banana RiverDriveBanana RiverDriveMerritt Island, FL · 0.3 miPiney WoodsPiney WoodsMerritt Island, FL · 0.4 miGeorgiana Settlementin South Merritt IslandGeorgiana Settlementin South Merritt IslandMerritt Island, FL · 0.5 miCanaveralCanaveralMerritt Island, FL · 0.7 miHacienda DelSol EstatesHacienda DelSol EstatesMerritt Island, FL · 0.7 miAngel CityAngel CityMerritt Island, FL · 0.8 miHarborPinesHarborPinesMerritt Island, FL · 0.9 miPelican CreekEstatesPelican CreekEstatesMerritt Island, FL · 1.0 miHarborviewCoveHarborviewCoveMerritt Island, FL · 1.1 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
New Georgiana Settlement (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

New Georgiana Settlement 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 New Georgiana Settlement address.

The takeaway

What actually shapes value in and around The New Georgiana Settlement, sourced and dated. We do not publish rumor.

Recent Developments in The New Georgiana Settlement

Development Intelligence

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

Net OutlookBullishThe structural story is an established, low-density historic riverfront area where lot, water access, condition, and flood zone drive value more than any headline trend. Watch the South Tropical Trail and SR 520 corridors, the Banana River setting, and coastal-county flood insurance, and confirm flood, elevation, and any restrictions per parcel.

Quiet, low-density historic Georgiana setting near the Banana River

BullishA settled, low-density island address in the historic Georgiana area near the Banana River, often on larger lots, supports steady demand from buyers seeking quiet riverfront living even without an amenity package. impact
SignificanceRadius: Area

Quiet, low-density historic Georgiana setting near the Banana River

Lot size and water access vary parcel to parcel

NeutralSome parcels carry river access and docks and others sit back on larger lots, and condition varies in established stock, so a single sale can skew averages and pricing turns on the specific home. Comp carefully by lot, water access, and condition. impact
SignificanceRadius: Area

Lot size and water access vary parcel to parcel

Coastal flood and insurance realities

BearishFlood zone and base flood elevation are parcel-specific along the Banana River side, and riverfront or lower-lying homes can carry meaningfully higher insurance. Verify the zone and quote insurance before you set a budget. impact
SignificanceRadius: Brevard County

Coastal flood and insurance realities

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 The New Georgiana Settlement, 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. Ongoing
    Flood

    Brevard County floodplain administration and the local FEMA maps

    The Brevard County Public Works floodplain administration office is the official local repository for FEMA Flood Insurance Rate Map panels, determines base flood elevations for properties in flood zones, and notes that flooding sources in the county include the Indian River Lagoon system and tidal surge from coastal storms. The county has participated in the National Flood Insurance Program since 1972. Why it matters: Along this riverfront side of the island, flood zone and elevation are parcel-specific, so pull the current FEMA designation and quote insurance early. Two nearby homes can carry very different premiums. Source

  2. Ongoing
    History

    Historic Georgiana on Merritt Island

    A Florida historical marker records that the Georgianna United Methodist Church was built in the community of Georgiana on Merritt Island in 1886, marking the area as one of the island's historic pioneer-era settlements in what is now south Merritt Island. Why it matters: The historic Georgiana name reflects a genuine pioneer-era area, but it does not change the modern diligence: lot, water access, flood zone, and insurance still drive each individual buy. Source

Development alerts for The New Georgiana SettlementGet a short monthly email when something new is approved, funded, or opens near The New Georgiana Settlement.

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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.

The Strategy

The New Georgiana Settlement buying strategy.

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

1

Pull the flood zone and base flood elevation before you set a budget. Both are parcel-specific along the river side, and they drive the insurance cost.

2

Quote insurance early on any riverfront or lower-lying parcel. Premiums can swing widely between a waterfront lot and one set back on higher ground.

3

Confirm any river access and dockage in writing. Frontage, access, and docks vary parcel to parcel and are a major value driver.

4

Inspect for age in established stock, and confirm the true lot size, since lots vary in this low-density area.

5

Confirm any HOA or deed restrictions, and cross-shop the broader Georgiana Settlement area on lot and water access.

The Quick Decision
Best Buy
A well-maintained home on a generous lot with confirmed river access on a higher, lower-risk parcel, bought after patient waiting, with the flood zone and insurance verified.
Biggest Risk
Underbudgeting flood insurance on a riverfront or low-lying parcel, or overpaying for river access that does not include the dockage or frontage you assumed.
Best Lot
Lot size, water access, and elevation drive the spread; the quiet, historic island setting is the constant.
Smart Timing
With limited inventory, move decisively when the right lot, water access, and condition combination appears, after the insurance check.
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

Size

Varies, often larger lots

Character

Established, historic area

Setting

Low-density riverfront

Costs & Fees

HOA

Confirm if any applies

Flood

Verify zone per parcel

Insurance

Quote early, coastal county

Amenities

Setting

Low-density established area

Water

Banana River access varies

History

Historic Georgiana area

Nature

River, wildlife near

Location

Area

South Merritt Island, Georgiana

Beaches

Cocoa Beach a short drive

Commute

KSC & Space Coast employers

The Homes and the River

The homes here span a real range. The core of the area is established single-family homes set back on larger lots, while homes with Banana River frontage or access, some with private docks, sit at the top. Lot, water access, and condition set the spread, more than any area average.

Because the housing stock is established and the setting is riverfront, inspect thoroughly and quote insurance early. Roof age, systems, the flood zone, and base flood elevation are individual stories on every home, and a riverfront parcel can carry a very different premium than one set back on higher ground. Confirm any dockage and river access in writing before you assume it.

The honest homework: on any home, confirm any river access and dockage, lot size, square footage and condition, roof and systems age, the flood zone and base flood elevation, any deed restrictions or HOA, and an early insurance quote. Comp to true peers, not the area average.
Want the details? We will pull the flood zone, confirm any river access, and send honest notes on any New Georgiana Settlement home you are watching.
Get the details
What Living Here Is Actually Like

The rhythm of a quiet, low-density historic riverfront area:

The setting
The draw is a settled, historic island address near the Banana River, often on larger lots, convenient to shopping, beaches, and Space Coast jobs, with South Tropical Trail and the SR 520 corridor for the rest of the island and the mainland.
The coastal reality
On the river side of the island, flood zone, elevation, and insurance are real line items. Verify the current FEMA designation and quote insurance early; a riverfront home can carry a very different premium than one set back.
The limited-inventory reality
Few homes trade here at once. Patient buyers who are ready to act, financing in place, diligence checklist ready, win the good ones when they appear.
New Georgiana Settlement vs. the Alternatives

The honest comparison set for a New Georgiana Settlement buyer:

AreaSettingCharacterThe trade
New Georgiana SettlementHistoric Georgiana, south Merritt IslandLow-density, riverfrontQuiet historic riverfront living, coastal flood and insurance homework
Georgiana SettlementSouth Merritt IslandLow-density, larger lotsLarger lots, many with river access
Rockwell EstatesSouth-central Merritt IslandEstablished, range of sizesRange of established home sizes near the Indian River

The pattern: The New Georgiana Settlement wins on a quiet, historic riverfront setting with larger lots, while the broader Georgiana area and south-central neighborhoods trade on lot size or a range of home sizes. There is no wrong answer, only a wrong match for your priorities.

Touring more than one? We will build you a same-day route across the historic south Merritt Island areas with honest notes on each.
Plan the tour
New Georgiana Settlement Homes For Sale

What your money buys in New Georgiana Settlement.

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 New Georgiana Settlement today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Core: back-lot homes
$615K to $675K

Established single-family homes set back from the water on larger lots, where condition, updates, the lot, and any acreage drive value more than any neighborhood average.

Lowest entry
Upper: riverfront or river-access homes
$675K to $695K

Homes with Banana River frontage or access, some with private docks, command the top of the range, reflecting the water, the lot, and any dockage, all confirmed per parcel.

Most inventory

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 ~$675K buys here.

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

$615K to $675K
Core: back-lot homes
Established single-family homes set back from the water on larger lots, where condition, updates, the lot, and any acreage drive value more than any neighborhood average.
$675K to $695K
Upper: riverfront or river-access homes
Homes with Banana River frontage or access, some with private docks, command the top of the range, reflecting the water, the lot, and any dockage, all confirmed per parcel.

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 New Georgiana Settlement, 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 New Georgiana Settlement 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.

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.

Resale Strength Scorecard

How well New Georgiana Settlement holds value.

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

No CDD on the tax billStrong
Central Merritt Island 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 New Georgiana Settlement

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.

The New Georgiana Settlement1

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.

The New Georgiana Settlement2

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.

The New Georgiana Settlement3

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.

The New Georgiana Settlement4

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.

The New Georgiana Settlement5

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.

“

The New Georgiana Settlement is a quiet, historic riverfront area where you buy lot, water access, and condition, not amenities. The deal is won or lost on the flood zone, the insurance quote, and comping to the right home.

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.

7.5B · Buy Score
Resale Strength7.6/10
Renovation Risk6.7/10
Location Efficiency7.8/10
Long-Term Defensibility7.7/10
Carrying Cost Advantage6.4/10

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 New Georgiana Settlement 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
  • Lot size and water access drive the spread
  • The quiet historic setting is the constant
  • Riverfront homes hold the top
  • Verify flood zone on every parcel
  • Quote insurance before you commit

The New Georgiana Settlement pricing is driven by lot and water access first, then elevation and condition. Homes with confirmed Banana River frontage or access, especially with a dock, hold the top of the range; larger back lots set away from the water are the value and the negotiating room. Elevation and flood zone matter as much as the view, since they drive insurance and a lower-lying riverfront parcel can carry a higher carrying cost than its sticker suggests. On resale, well-documented homes with confirmed water access and lower flood risk defend price best, so weigh lot, access, and elevation heavily and comp a home against true peers rather than any area average.

The 15-Second Verdict

New Georgiana Settlement in 15 seconds.

Best forBuyers who want a quiet, low-density historic riverfront area in south Merritt Island near the Banana River.
Strong onA settled, historic island setting, often larger lots, and proximity to the Banana River, with convenient access to shopping and Space Coast jobs.
WatchThe flood zone, base flood elevation, and insurance. Verify per parcel and quote insurance early, especially on riverfront homes.
Not forBuyers who need wide selection now, want a full amenity community, or want new construction.
The edgeA home on a generous lot with confirmed river access on a higher, lower-risk parcel, bought patiently with the flood zone and insurance verified, is a sound island value.

HOA, CDD & Fees

15-Second Take
  • Confirm whether any HOA or deed restrictions apply
  • Confirm any dock or seawall rules per parcel
  • Lot size and water are the draw, not shared amenities
  • Verify flood zone and base flood elevation early
  • Quote insurance before you set a budget

An established, low-density island area like The New Georgiana Settlement may or may not carry an active HOA or deed restrictions, and any that exist can vary by parcel. Confirm whether any HOA or restrictions apply to the specific home, what they cover, and any current dues before you offer. Do not assume the area is either fully restricted or fully unrestricted.

If any HOA or deed restrictions apply to a given parcel, confirm exactly what they govern, whether docks, seawalls, fences, exterior changes, outbuildings, short-term rentals, or parking, in writing before you rely on them. Many low-density historic island areas carry few or no restrictions, but this is parcel-specific.

The New Georgiana Settlement is an established residential area rather than an amenity community; the draw is the quiet, historic island setting near the Banana River, not a clubhouse or pool. Confirm any shared facilities or river access arrangements for the specific parcel.

Run Your Numbers

Tools for a New Georgiana Settlement 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 New Georgiana Settlement.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 New Georgiana Settlement

Price it to your water access, lot, and condition, and document the home clearly.

If you are selling in The New Georgiana Settlement, the right list price comes from recent island sales matched to your water access, lot, and condition, in the quiet historic Georgiana area. The buyer is searching specifically for a low-density riverfront island setting.

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 New Georgiana Settlement, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Georgiana Settlement, 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 New Georgiana Settlement home worth?

Get a no-obligation home value based on real comparable sales in New Georgiana Settlement 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 The New Georgiana Settlement on the map →
Or get your The New Georgiana Settlement home value & selling guide →

Real comps, not a Zestimate.

New Georgiana Settlement Market Scorecard

Buyer-Leaning Market (limited data)

New Georgiana Settlement is currently a buyer-leaning market (limited data). About 3.0 months of supply, a median asking price of $585,000.

3.0
Months supply
$585,000
Median list
$675,000
Median sold
$255
Per sqft
n/a
Days on mkt
1/0/4
Active/Pend/Sold

Typical home value in the 32952 ZIP is $435,893, about 11.0% 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 The New Georgiana Settlement located?
It is an established, low-density riverfront area in the historic Georgiana part of south Merritt Island, Brevard County, Florida (ZIP 32952), near South Tropical Trail and the Banana River.
What is the history of the Georgiana area?
Georgiana is one of the historic pioneer-era communities of south Merritt Island, with roots in the 1800s. The Georgianna United Methodist Church in the area is reported to date to 1886, and the nearby Crooked Mile (Georgiana) Cemetery holds many early island settlers. Treat historical details as reported and confirm anything specific you rely on.
What kind of homes are in The New Georgiana Settlement?
Primarily established single-family homes on a low-density street pattern, often on larger lots, some with Banana River frontage or access. Sizes, ages, and updates vary home to home, which drives the spread in pricing.
Does The New Georgiana Settlement have an HOA?
An established, low-density island area like this may or may not carry an active HOA or deed restrictions. Confirm whether any apply to the specific parcel and what they cover before you offer.
Is The New Georgiana Settlement on the water?
Parts of the area sit along or near the Banana River, and some parcels carry river access and private docks, but access varies by parcel. Confirm the specifics of any home, including any dockage or river access, before you assume.
How is the flood situation here?
Flood zone and base flood elevation are parcel-specific along the Banana River side, and two homes can fall in different zones. Verify the current flood zone and base flood elevation, and get an insurance quote early, for any specific home. Brevard County's floodplain office is the local FEMA map repository.
What will flood insurance cost here?
It depends entirely on the parcel, its elevation, and the flood zone, so we do not quote a figure here. Riverfront and lower-lying parcels can carry meaningfully higher premiums than a home set back on higher ground. Get a parcel-specific quote early; we help you line one up before you offer.
What schools serve The New Georgiana Settlement?
The area is served by Brevard Public Schools, with Merritt Island campuses nearby. Assignment is by address and can change, so confirm current zoning with the district for any specific home.
How far is it from the beach?
Cocoa Beach is roughly a 20 to 28 minute drive depending on traffic and route. The area itself is a low-density riverfront island setting on the Banana River side rather than an oceanfront one.
How many homes are for sale here at a time?
Usually few. This is an established, low-density area with limited inventory, so the right home may take patience. We monitor listings and alert you as they appear.
What should I check before buying here?
Any river access and dockage, lot size, square footage, roof and systems age, updates, the flood zone and base flood elevation, any deed restrictions or HOA, and an early insurance quote. With limited inventory, careful diligence matters more, not less.
How does this compare to Georgiana Settlement?
The New Georgiana Settlement and the broader Georgiana Settlement area sit in the same historic, low-density part of south Merritt Island, with larger lots and varying river access. They are platted and named separately, so the right fit depends on the specific parcel. We tour them with buyers.
Do I need my own agent to buy here?
Yes. The listing agent works for the seller. Your own agent verifies any river access, the lot, condition, flood zone, and any deed restrictions, then pulls true comps before you offer. Momentum Realty represents you, not the seller.
The Verdict

Should you buy in New Georgiana Settlement?

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

You want a quiet, low-density historic island settingExcellent fit
You are drawn to the Banana River and possible river accessExcellent fit
You value larger lots over a dense neighborhood feelExcellent fit
You are patient enough to wait for the right home in a thin marketExcellent fit
You will verify flood zone, insurance, and any restrictions before offeringExcellent fit
You need a wide selection of homes available right nowProbably not
You want a full amenity community with a clubhouse and poolProbably not
You want new construction and code-current systemsProbably not
You will not verify flood zone and insuranceProbably not
You want a low, predictable carrying cost with no coastal variablesProbably not

Get the inside read on New Georgiana Settlement

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

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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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