Pinewood Hills Melbourne
Homes for Sale in Melbourne, FL
True comps, carrying-cost math, and listings before the portals.
Pinewood Hills is a small, established pocket in Melbourne - 32 homes total, with a median build year of 1983 and construction spanning from 1957 to 2006. That range matters more than any single number here: what sets the price is condition and the degree of updating, not the neighborhood's headline stats. A midcentury home left largely original and a turn-of-the-century build that has been renovated can trade very differently, and both live on the same streets.
With just one active listing against 32 homes, this is a thin, low-turnover market. For a seller, that scarcity can work in your favor - there is little competing inventory to anchor against. For a buyer, it means patience and readiness; when the right home surfaces, you may not get a second comparable to wait for. The homestead share just under two-thirds points to a stock held by owners rather than churned, which reinforces the slow pace.
The setting & the homes.
Aerial and on-site photos of Pinewood Hills Melbourne. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Pinewood Hills Melbourne
Pinewood Hills Melbourne
Pinewood Hills Melbourne
Pinewood Hills Melbourne
Pinewood Hills Melbourne
Pinewood Hills MelbournePhotos from Space Coast MLS listings in Pinewood Hills Melbourne; content deemed reliable but not guaranteed.
Who Pinewood Hills Melbourne is best for.
Best for
- Buyers prioritizing living space who want a home near 3,000 square feet without chasing new construction
- Patient purchasers who can move quickly when the rare listing appears in a low-turnover market
- Buyers comfortable budgeting for updates on an older home in exchange for footprint and an established location
Probably not for
- Anyone who wants a pool, clubhouse, or association-run recreation, since none are identified here
- Buyers needing several comparable homes to tour before committing
- Those wanting turnkey, uniform newer construction with predictable finishes
The market around Pinewood Hills Melbourne
Pinewood Hills 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 Pinewood Hills Melbourne specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Pinewood Hills 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 Pinewood Hills Melbourne
Live MLS inventory for Pinewood Hills 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 Pinewood Hills Melbourne listings as of 2026-08-15, 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.
Pinewood Hills 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
- Sabal · Elementary
- Johnson · Middle
- Eau Gallie · High
Zoned schools reflect the assignments reported on recent Pinewood Hills 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 Pinewood Hills Melbourne address.
Recent Developments in Pinewood Hills
Development, infrastructure, retail, and school activity affecting Pinewood Hills, 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 9 miles north of Pinewood Hills, 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 southeast of Pinewood Hills.
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 south of Pinewood Hills, 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 9 miles north of Pinewood Hills, 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 southeast of Pinewood Hills.
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 19 miles north of Pinewood Hills, 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 Pinewood Hills Melbourne buying strategy.
If we were buying in Pinewood Hills 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 Pinewood Hills Melbourne.
A condition-driven market with big footprints
The defining trait is size relative to age. A median living area of roughly 2,958 square feet is substantial for a neighborhood whose median home dates to 1983, and it means buyers here are generally shopping for room rather than for the newest finishes. Expect a wide spread in presentation across the 32 homes: some carry decades of updates, others will price to reflect deferred work. Underwrite each property on its own, because there is no tidy per-square-foot rule that holds across a build range this long.
No community amenities turn up in current MLS listings - no pool, no association-run recreation to point to. That is not a knock; it keeps carrying costs simple and puts the full weight of value on the lot and the structure. Verify any HOA status, flood zone, and roof and system ages independently, since with so few trades there is limited recent comparable data to lean on.
The location and the amenities are priced into every listing in Pinewood Hills Melbourne. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a 32-home, single-listing market, the deal is won on information, not volume. We track this pocket closely enough to know when something is coming, we underwrite condition line by line rather than trusting a blanket price-per-foot, and we will tell you plainly when a specific home's age or deferred maintenance does not justify the ask. That candor is worth more in a thin market than anywhere else.
Pinewood Hills 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 Pinewood Hills 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 Pinewood Hills Melbourne sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Pinewood Hills 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 Pinewood Hills Melbourne home worth?
Get a no-obligation home value based on real comparable sales in Pinewood Hills 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 Pinewood Hills 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.
Pinewood Hills Market Scorecard
Pinewood Hills is currently a thin data market. Limited supply, a median asking price of $448,000.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in Pinewood Hills Melbourne?
What share of Pinewood Hills Melbourne is owner-occupied?
When were the homes in Pinewood Hills Melbourne built?
Who is the best real estate agent for Pinewood Hills Melbourne?
How do I find a top Melbourne real estate agent who knows Pinewood Hills Melbourne?
Can Momentum Realty connect me with an agent for Pinewood Hills Melbourne?
Should you buy in Pinewood Hills Melbourne?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Pinewood Hills 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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