Shadow Lawn
Homes for Sale in Melbourne, FL

All 714 homes for sale in Melbourne, FL · median $399,000 · 109 homes for sale in 32901 · Brevard County homes for sale

Community in Melbourne · Brevard County · ZIP 32901
52 homesBuilt 1925–2024
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Built fromLive Space Coast MLS data19 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 13 closed sales in Shadow Lawn No 1 in Melbourne, FL since 2007, the most recent in March 2026. 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 $6,010 ($5,380 with the full homestead exemption).

Shadow Lawn No 1 key facts
LocationMelbourne, Brevard County, FL · ZIP 32901
Homes in the community52 (FL DOR 2025 assessment roll)
Years built1925–2024 (median 1959.0)
Typical living area2,096 sq ft (median)
Owner-occupied (homestead) share67%

Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2007 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Shadow Lawn No 1 key facts,” movewithmomentum.com/neighborhoods/shadow-lawn-no-1, data as of September 20, 2026.

Live · Shadow Lawn Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
67%
Owner-occupied · Shadow Lawn
36 of 54 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Shadow Lawn
incl. 6% trust or LLC-held · 4% out-of-state
52
Homes in the community
plus 2 vacant residential lots · 54 residential parcels (FL DOR 2025)
Track record · 19 years of records
3
Recorded sales · 2024-2025
median $210K · qualified sales on the county roll (FL DOR 2025)
Est. 1925
Community established
homes built 1925-2024, median 1959 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Shadow Lawn No 1 is a small pocket of Melbourne with no amenities tied to it in the current MLS data, which means price here is driven almost entirely by the individual house — condition, updates, lot, and how a given block presents. There is no HOA package, pool, or gate doing any of the work, so what you pay tracks the home in front of you, not a community premium.

With only a thin slice of recent closing activity to read, this is a market where a single sale can swing the perceived number. For buyers, that argues for judging each listing on its own merits rather than a neighborhood comp shorthand. For sellers, it means presentation and pricing discipline matter more than usual, because there is little transaction volume to anchor expectations.

Nearby homes for sale

No active listings inside Shadow LawnHomes 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.

809 Espanola Way
$340K · 0.2 mi away
4 bd · 3 ba · 1,657 sqft
809 Espanola Way
Listed by RE/MAX Elite
907 Espanola Way
$315K · 0.2 mi away
3 bd · 2 ba · 1,570 sqft
907 Espanola Way
Listed by Innovative Realty Florida, Inc
1709 Wayne Drive
$290K · 0.3 mi away
4 bd · 2 ba · 1,564 sqft
1709 Wayne Drive
Listed by Waterman Real Estate Inc.
137 San Paulo Circle #4-137
$188K · 0.4 mi away
3 bd · 2 ba · 1,220 sqft
137 San Paulo Circle #4-137
Listed by Gallagher Real Estate
127 San Paulo Circle #1-127
$120K · 0.4 mi away
1 bd · 1 ba · 792 sqft
127 San Paulo Circle #1-127
Listed by Southern Tropics R.E. LLC
129 San Paulo Circle #1-129
$159K · 0.4 mi away
2 bd · 2 ba · 1,080 sqft
129 San Paulo Circle #1-129
Listed by Dragon Point Real Estate

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

The 60-Second Overview

Shadow Lawn No 1 is a compact Melbourne enclave in Brevard County with no shared amenities identified from current listings, so the appeal is the location and the house itself rather than any community infrastructure.

Space Coast MLS sales records identify 18 homes in Shadow Lawn that have changed hands since 2004, built between 1925 and 1987 (median 1959), with a median living area of about 1,180 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Space Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 3 qualified sales in Shadow Lawn across 2024–2025 (2 in 2024, 1 in 2025), median $210,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 focused on a particular Melbourne location who will evaluate each home individually
  • Buyers comfortable with limited comps who want a broker to underwrite condition and value
  • Budgets prepared to weigh update and repair costs into the offer rather than assume turnkey

Probably not for

  • Buyers who want pools, a gate, or other shared amenities included
  • Buyers who need a deep, recent sales sample to feel confident on price
  • Buyers wanting a standardized, tier-priced product rather than a house-by-house market

The market around Shadow Lawn

Shadow Lawn is too small for its own price trend, so here is the market around it.

In ZIP 32901, 139 homes are on the market and 24% are under contract — a steady corner of Melbourne.

Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).

In ZIP 32901 (Melbourne), 194 homes closed in the last 12 months at a median of $290K ($202/sq ft), down 6.8% year over year, with a median 54 days on market. Right now 10 active and 5 pending listings put supply at about 3.4 months — a balanced market. See the live ZIP 32901 housing market and the Brevard County market.

ZIP and county figures describe the wider market, not Shadow Lawn specifically. Momentum Research analysis of MLS records.

Shadow Lawn by the numbers

From county property records and closed MLS sales for the Shadow Lawn subdivision: 8 homes on record; built 1925–1962; typical size about 1,086 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.

YearRecorded salesMedian price
20161$107,000
20171$69,154
20191$125,000
20201$216,000
20251$272,000
20261$67,000

Newest recorded sale: $67,000 on 2026-03-17.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

Housing distress & ownership in Shadow Lawn No 1, 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 8 listings
Distress share trend — 0.0% now (2026-09-14 → 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.

If we were buying in Shadow Lawn 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 Shadow Lawn.

Best Buy
Buyers who want a specific Melbourne house and will judge it on its own condition, not a community package.
Biggest Risk
Thin closing data makes pricing and timing harder to read with confidence.
Sweet Spot
A well-maintained or sensibly updated home priced to its actual condition.
Avoid If
You need amenities, a large comp set, or a fast, data-backed valuation.

A house-by-house market

Because no community amenities surface in the MLS here, there is no standardized product to compare against. Two homes on the same street can price very differently based on condition and updates alone, and the spread you see is condition-driven rather than tier-driven. Treat any headline number as a starting point, not a rule.

The volume of recent closings is limited, which cuts both ways. Thin activity can hide real demand and make timing harder to gauge, so the practical move is to underwrite each specific home — roof, systems, kitchen, lot — and lean on close-in Melbourne context rather than a large internal sample that simply is not there yet.

“

The location and the amenities are priced into every listing in Shadow Lawn. 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 pocket like Shadow Lawn No 1, the data won't hand you an answer, so our value is in reading each individual listing against the broader Melbourne market and telling you plainly when a price is defensible and when it isn't. We won't manufacture comps that don't exist, and we'll flag condition risk before it becomes your problem at inspection.

Shadow Lawn in 15 seconds.

Best forBuyers who want a specific Melbourne house and will judge it on its own condition, not a community package.
Biggest advantageNo HOA or amenity premium baked in — you're paying for the home.
Biggest riskThin closing data makes pricing and timing harder to read with confidence.
Sweet spotA well-maintained or sensibly updated home priced to its actual condition.
Avoid ifYou need amenities, a large comp set, or a fast, data-backed valuation.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Shadow Lawn 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 Shadow Lawn.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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.

The takeaway

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

What is your Shadow Lawn home worth?

Get a no-obligation home value based on real comparable sales in Shadow Lawn, 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.

Frequently Asked Questions

How many homes are in Shadow Lawn?
The Florida DOR 2025 assessment roll shows 52 homes plus 2 vacant residential lots in Shadow Lawn (public records).
What share of Shadow Lawn is owner-occupied?
67% of Shadow Lawn parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Shadow Lawn built?
Homes in Shadow Lawn were built between 1925 and 2024, with a median year built of 1959.0 (FL DOR 2025 roll).
Who is the best real estate agent for Shadow Lawn?
The best agent for Shadow Lawn is one who actively works Melbourne and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Shadow Lawn.
How do I find a top Melbourne real estate agent who knows Shadow Lawn?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Shadow Lawn and the wider Melbourne area.
Can Momentum Realty connect me with an agent for Shadow Lawn?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Shadow Lawn purchase or sale - no call center and no pressure.
Where is Shadow Lawn, and what county is it in?
Shadow Lawn is in Melbourne, Brevard County, FL, ZIP 32901. The community's center is about 2 miles southwest of the center of Melbourne (straight-line).
Buyers focused on a particular Melbourne location who will evaluate each home individuallyExcellent fit
Buyers comfortable with limited comps who want a broker to underwrite condition and valueExcellent fit
Budgets prepared to weigh update and repair costs into the offer rather than assume turnkeyExcellent fit
Buyers who want pools, a gate, or other shared amenities includedProbably not
Buyers who need a deep, recent sales sample to feel confident on priceProbably not
Buyers wanting a standardized, tier-priced product rather than a house-by-house marketProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32901))
Under-contract sharesSpace Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2007 (13 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 →

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Nearby Communities

Explore more neighborhoods near Shadow Lawn with Momentum Realty’s local guides.

Sun Crest0.1 mi away · 53 homes, built 1946–82Magnolia Manor0.2 mi away · 117 homes, built 1956–24, 1 for saleSPSan Paulo Village Condo0.3 mi away · median $125K, 5 sales/12 moMagnolia Park0.3 mi away · median $271K, 10 sales/12 moMPMagnolia Park0.3 mi away · 46 homes, built 1947–24Magnolia Park0.3 mi away · median $272K, 9 sales/12 moMona Park Subd0.4 mi away · 39 homes, built 1938–24

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