Riverview Terrace Estates in Grant-Valkaria

Riverview Terrace Estates
Grant-Valkaria

Deed-restricted subdivision · Grant-Valkaria · ZIP 32949

A deed-restricted south-Brevard subdivision of larger homes in a quiet, semi-rural setting.

Deed-restrictedLarger homesSemi-rural south Brevard
Live Market Pulse
50/100
Momentum
Buyer-Leaning Market (limited data)
A deed-restricted subdivision trades on the home, the lot, and the HOA review; confirm the current HOA amount and coverage, whether a specific home has water access, and the flood zone on a specific home.
Free · No obligation
Unlock Off-Market Riverview Terrace

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

"Riverview Terrace Estates reads as a settled, deed-restricted south-Brevard subdivision where an architectural review committee maintains a consistent look, and the value sits in the individual larger home and its lot. The reported scale, about 183 properties with larger homes averaging around 2,343 square feet, suggests a stable, low-turnover community. Confirm the current HOA amount and what it covers, verify whether a specific home carries Indian River frontage or access since that varies in the area, and pull the FEMA flood zone before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Riverview Terrace Estates is a deed-restricted single-family subdivision of about 183 properties in Grant-Valkaria, in the 32949 area of south Brevard County. It is reported with larger homes, commonly five-bedroom and averaging around 2,343 square feet, administered by the Riverview Terrace HOA and its Architectural Review Committee, in a quiet, semi-rural setting.

The deed restrictions and the architectural review are part of what the HOA delivers: a consistent neighborhood look and a measure of protection on what gets built or changed next door. Confirm the current HOA amount, exactly what it covers, and the architectural review process, since deed-restricted communities vary in how much they govern.

Some homes in the broader Grant-Valkaria area have Indian River access, but whether a specific Riverview Terrace home carries water frontage or access varies, so confirm it rather than assume it. The semi-rural south-Brevard setting trades quick access to dense shopping for space and quiet.

Because this is south Brevard near the lagoon, the FEMA flood zone matters and varies by parcel, so pull the designation and price flood and windstorm coverage honestly. For buyers who want a larger home in a settled, deed-restricted, semi-rural community, Riverview Terrace Estates is a stable option once the HOA, the water access, and the flood carry are confirmed.

Best for

  • Buyers who want a larger home in a deed-restricted community
  • Buyers who value a quiet, semi-rural south-Brevard setting
  • Buyers who like architectural review protecting the neighborhood look
  • Buyers who will confirm the HOA, the water access, and the flood zone

Probably not for

  • Buyers who want a no-HOA, no-deed-restriction setting
  • Buyers who need to be close to dense urban shopping
  • Buyers who assume every home carries Indian River access
  • Buyers unwilling to verify the flood zone and insurance carry

How Riverview Terrace is performing right now

50/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
72Median days on marketdays
0 : 3Under contract vs for salestrong demand
0Sold 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 Riverview Terrace 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 Riverview Terrace Estates buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Riverview Terrace

Live MLS inventory for Riverview Terrace Estates. 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 Riverview Terrace 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

A quiet south-Brevard setting: US 1 and the Indian River are close, with I-95 a short drive via Malabar or Grant and Sebastian Inlet to the south.

US 1~5 min · north-south spine
Indian River Lagoon~5 min · area access
I-95 via Malabar / Grant~12 min · to I-95
Sebastian Inlet~20 min · south
Palm Bay shopping~20 min · north
Melbourne Orlando Intl Airport~30 min · MLB
Vero Beach~35 min · south via US 1

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Riverview Terrace EstatesGrant-Valkaria with Momentum Realty’s local guides.

FloridanaBeachFloridanaBeachMelbourne Beach, FL · 1.4 miSt AndrewsVillageSt AndrewsVillageMelbourne Beach, FL · 1.4 miBrabrooksIndian RiverBrabrooksIndian RiverGrant-Valkaria, FL · 2.0 miOsprey Villasat AquarinaOsprey Villasat AquarinaMelbourne Beach, FL · 2.1 miMelbourneShoresMelbourneShoresMelbourne Beach, FL · 2.3 miHunters RunHunters RunGrant-Valkaria, FL · 2.3 miCypressLake EstatesCypressLake EstatesGrant, FL · 2.5 miCrystal BayPhase TwoCrystal BayPhase TwoGrant-Valkaria, FL · 3.1 miBeach WoodsMelbourne BeachBeach WoodsMelbourne BeachMelbourne Beach, FL · 3.1 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
Riverview Terrace (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

Riverview Terrace 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 Riverview Terrace address.

The takeaway

What is actually shaping value around Riverview Terrace: the Space Coast demand base, the community's own structure and costs, and area growth. Each item is an honest read; dated, sourced items appear in the timeline.

Recent Developments in Riverview Terrace Estates

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

Net OutlookBullishThe Space Coast demand picture points up over time; the near-term watch item for Riverview Terrace is the all-in carrying cost and how local supply turns. Confirm the specifics on any home before you rely on them.

Established, no construction phase

Ongoing
BullishNotable impact
SignificanceRadius: Community

A built-out neighborhood has mature streets and delivered surroundings, with none of the construction-phase guesswork of a new master plan.

Aging systems on older housing stock

Ongoing
NeutralNotable impact
SignificanceRadius: Community

Older stock means roof, HVAC, and water-heater age are standard diligence items, and the roof year drives the insurance quote.

Space Coast demand and limited supply

Ongoing
BullishNotable impact
SignificanceRadius: Regional

Steady Space Coast demand against limited established supply supports resale in well-located Brevard neighborhoods.

Insurance and roof-age pressure

Ongoing
NeutralNotable impact
SignificanceRadius: Regional

Florida insurance costs and roof-age underwriting are real line items on coastal-county homes; price them before you offer.

Brevard aerospace and job base

Ongoing
BullishMajor impact
SignificanceRadius: Regional

Kennedy Space Center, the Cape, and the wider aerospace base underpin housing demand across Brevard.

Mature canopy and location

Ongoing
BullishNotable impact
SignificanceRadius: Community

Established canopy and a settled location are advantages newer master plans cannot replicate for years.

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 Riverview Terrace Estates, 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. March 2025
    Lagoon

    State pledges $100 million toward Indian River Lagoon water quality

    Florida announced a $100 million Indian River Lagoon Protection Program for water-quality projects such as septic-to-sewer conversions and muck removal, funding 21 projects statewide including 10 in Brevard County, with the announcement made in Palm Bay in south Brevard. Why it matters: Sustained public investment in lagoon water quality supports the long-run appeal of riverfront and lagoon-adjacent south-Brevard communities like Grant, though it does not change a specific home's flood carry. Source

  2. December 2025
    Coast

    Brevard barrier-island beach restoration continues to the north

    Brevard County and the U.S. Army Corps of Engineers planned South Reach shoreline restoration near Melbourne Beach between December 2025 and April 2026, part of the county's ongoing program of periodic sand placement and shoreline protection along its coast. Why it matters: The county's sustained coastal and lagoon investment is a backdrop for south-Brevard property; for an inland Grant subdivision, the more direct watch item remains the specific home's flood zone and carry. Source

Development alerts for Riverview Terrace EstatesGet a short monthly email when something new is approved, funded, or opens near Riverview Terrace Estates.

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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 Riverview Terrace, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the HOA and the review process. Get the current HOA amount, what it covers, and how the Architectural Review Committee governs changes before you price a home.

2

Verify the water access. Confirm whether a specific Riverview Terrace home carries Indian River frontage or access, since this varies in the area.

3

Pull the flood zone. South-Brevard parcels near the lagoon vary; get the FEMA designation and price flood and windstorm coverage into the carry.

4

Read the home. Confirm the construction, the roof and systems age, and any deed-restriction items that affect a renovation.

5

Price against true south-Brevard comps, and cross-shop Stillwater Preserve.

Best Buy
An updated larger home on a bigger lot, ideally with confirmed Indian River access
Biggest Risk
Underpricing the flood carry, or assuming water access that a specific home does not actually carry
Best Lot
Larger lots and any confirmed water access over standard parcels
Smart Timing
Confirm the HOA, the water access, and the flood zone before you offer
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

Riverview Terrace Estates is reported as a deed-restricted single-family subdivision of about 183 properties in Grant-Valkaria, with larger homes commonly five-bedroom and averaging around 2,343 square feet, administered by the Riverview Terrace HOA Architectural Review Committee. Treat home and lot details as reported and confirm the current HOA amount and coverage, the architectural review process, whether a specific home has water frontage or access, and the flood zone on a specific home.

The takeaway

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

The Standard Home

A larger deed-restricted home in original condition on a standard lot, the attainable entry into the subdivision.

Lowest entry
The Updated Home

A renovated larger home with a sound roof and current systems, the heart of the Riverview Terrace resale market.

Most inventory
The Premium Lot

A home on a larger lot or, where it exists, with Indian River access, the version that holds value best at resale.

Strongest resale

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

The Standard Home
A larger deed-restricted home in original condition on a standard lot, the attainable entry into the subdivision.
The Updated Home
A renovated larger home with a sound roof and current systems, the heart of the Riverview Terrace resale market.
The Premium Lot
A home on a larger lot or, where it exists, with Indian River access, the version that holds value best at resale.

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.

Deed-restricted, stable south-Brevard communityStrong
Larger homes with consistent architectural reviewPositive
Quiet, semi-rural setting near US 1 and the riverPositive
Water access varies and is not documented per homeVerify it
Flood zone and insurance carry vary by parcelConfirm 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 Riverview Terrace

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 deed restrictions protect the street. The deal turns on the home's condition, the lot, the water access, and the flood carry.

Jon Brooks · Founder, Momentum Realty
8.0B+ · Buy Score
Resale Strength8.2/10
Renovation Risk5.2/10
Location Efficiency7.8/10
Long-Term Defensibility8.0/10
Carrying Cost Advantage7.0/10

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 Riverview Terrace 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
  • Larger lots and any water access hold value best
  • Deed restrictions protect the neighborhood look
  • Confirm whether the home has river access
  • Pull the flood zone before you weigh the lot
  • Semi-rural setting trades density for space

On a deed-restricted south-Brevard subdivision the home's condition and the lot set the number, with the architectural review protecting the look around it. Larger lots and, where it exists, Indian River access hold value best, but water access varies in Riverview Terrace, so confirm it rather than assume it. The FEMA flood zone swings the all-in carry near the lagoon, so verify it before you price the lot, and read the home's roof and systems alongside the homesite.

Riverview Terrace in 15 seconds.

Best forBuyers who want a larger home in a deed-restricted community.
Biggest advantageA deed-restricted south-Brevard subdivision of larger homes in a quiet, semi-rural setting.
Biggest riskUnderpricing the flood carry, or assuming water access that a specific home does not actually carry.
Sweet spotAn updated larger home on a bigger lot, ideally with confirmed Indian River access.
Avoid ifBuyers who want a no-HOA, no-deed-restriction setting.

HOA, CDD & Fees

15-Second Take
  • Deed-restricted with an architectural review committee
  • About 183 properties, a stable community
  • Confirm the current HOA amount and coverage
  • Verify whether the home has Indian River access
  • Pull the flood zone for the parcel

A deed-restricted HOA applies, administered with an Architectural Review Committee; confirm the current amount, what it covers, and the review process before you offer.

Reported to administer deed restrictions and architectural review for a consistent neighborhood look, likely with some common-area upkeep. Confirm the exact inclusions and any assessment in writing.

No private membership club is documented; the HOA's role is deed restrictions and architectural review. Confirm any community feature and associated fee for a specific home.

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 Riverview Terrace, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Stillwater Preserve, 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 Riverview Terrace home worth?

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

Real comps, not a Zestimate.

Riverview Terrace Market Scorecard

Buyer-Leaning Market (limited data)

Riverview Terrace is currently a buyer-leaning market (limited data). Limited supply, a median asking price of $1,079,999.

n/a
Months supply
$1,079,999
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
3/0/0
Active/Pend/Sold

Typical home value in the 32949 ZIP is $517,942, about 17.3% 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 Riverview Terrace Estates?
It is a deed-restricted single-family subdivision in Grant-Valkaria, in the 32949 area of south Brevard County. Confirm the exact address and zoning for a specific home.
Is there an HOA?
Yes, a deed-restricted HOA applies, administered with an Architectural Review Committee. Confirm the current amount, what it covers, and the review process for a specific home before you offer.
How large is the community?
It is reported as about 183 properties, a stable, low-turnover subdivision. Confirm the current scale and any recent changes for a specific home.
What type of homes are here?
Homes are reported as larger single-family homes, commonly five-bedroom and averaging around 2,343 square feet. Confirm the size, layout, and systems age for a specific home.
Do the homes have Indian River access?
Some homes in the broader Grant-Valkaria area have Indian River access, but whether a specific Riverview Terrace home carries water frontage or access varies. Confirm it for a particular home rather than assume it.
What does the architectural review do?
The Architectural Review Committee governs changes to maintain a consistent neighborhood look. Confirm the review process and any restrictions before you plan a renovation or addition.
What is the flood zone?
South-Brevard parcels near the lagoon vary by FEMA flood zone. Confirm the designation for the specific home and price flood and windstorm coverage into your all-in carry.
Is it semi-rural?
Yes, Grant-Valkaria is reported as a quiet, semi-rural part of south Brevard. It trades quick access to dense shopping for space and quiet.
What schools serve the area?
The subdivision is in Brevard Public Schools and the Grant-Valkaria attendance area. Assignment is by address and can change, so confirm the current zoning with the district.
Is Riverview Terrace Estates a good investment?
A settled, deed-restricted community of larger homes supports resale, while condition, the lot, any water access, and the flood zone decide the outcome. This is not a guarantee of future value.
What does a home here cost?
Pricing depends on the home's size and condition, the lot, any water access, and the flood zone, and it moves with the market. We pull true closed south-Brevard comps for a specific home rather than quote a figure that shifts.
Do I need my own agent here?
Yes. Your own representation, at no cost to you, protects you on the HOA rules, the water access, the flood zone, and the contract. Momentum Realty represents you, not the seller.
How far is the interstate?
I-95 is roughly 12 minutes away via Malabar or Grant. Confirm your real commute at your real departure time.
Buyers who want a larger home in a deed-restricted communityExcellent fit
Buyers who value a quiet, semi-rural south-Brevard settingExcellent fit
Buyers who like architectural review protecting the neighborhood lookExcellent fit
Buyers who will confirm the HOA, the water access, and the flood zoneExcellent fit
Buyers who want space and stability over dense urban convenienceExcellent fit
Buyers who want a no-HOA, no-deed-restriction settingProbably not
Buyers who need to be close to dense urban shoppingProbably not
Buyers who assume every home carries Indian River accessProbably not
Buyers unwilling to verify the flood zone and insurance carryProbably not
Buyers who dislike architectural review on renovationsProbably not

Get the inside read on Riverview Terrace

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Riverview Terrace 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 Riverview Terrace 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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