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
True comps, carrying-cost math, and listings before the portals.
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).
| Location | Melbourne, Brevard County, FL · ZIP 32901 |
|---|---|
| Homes in the community | 52 (FL DOR 2025 assessment roll) |
| Years built | 1925–2024 (median 1959.0) |
| Typical living area | 2,096 sq ft (median) |
| Owner-occupied (homestead) share | 67% |
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.

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.
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.
Who Shadow Lawn is best for.
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%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2016 | 1 | $107,000 |
| 2017 | 1 | $69,154 |
| 2019 | 1 | $125,000 |
| 2020 | 1 | $216,000 |
| 2025 | 1 | $272,000 |
| 2026 | 1 | $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.
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.
The Shadow Lawn buying strategy.
If we were buying in Shadow Lawn 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 Shadow Lawn.
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.
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.
HOA, CDD & Fees
- 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.
Tools for a Shadow Lawn 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 Shadow Lawn sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shadow Lawn, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
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Frequently Asked Questions
How many homes are in Shadow Lawn?
What share of Shadow Lawn is owner-occupied?
When were the homes in Shadow Lawn built?
Who is the best real estate agent for Shadow Lawn?
How do I find a top Melbourne real estate agent who knows Shadow Lawn?
Can Momentum Realty connect me with an agent for Shadow Lawn?
Where is Shadow Lawn, and what county is it in?
Should you buy in Shadow Lawn?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32901)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
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See how Shadow Lawn No 1 fits the bigger picture — live prices, inventory, and Momentum Scores:
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