Stone Lake Estates
Homes for Sale in Merritt Island, FL
All 221 homes for sale in Merritt Island, FL · median $499,900 · Brevard County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Space Coast MLS
As of October 2026, the MLS records 15 closed sales in Stone Lake Estates in Merritt Island, FL since 2004, the most recent in February 2026. Across Merritt Island as a whole, 263 homes closed in the last 12 months at a median of $440,000, 48 median days on market, with 66 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $6,870 ($6,240 with the full homestead exemption).
| Location | Merritt Island, Brevard County, FL · ZIP 32904, 32953 |
|---|---|
| Homes in the community | 18 (FL DOR 2025 assessment roll) |
| Years built | 1968–2018 (median 2000.0) |
| Typical living area | 3,784 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 54% |
Data as of September 20, 2026. Based on information from the Space Coast MLS for the period 2004 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Stone Lake Estates key facts,” movewithmomentum.com/neighborhoods/stone-lake-estates, data as of September 20, 2026.
Stone Lake Estates is a small pocket in Merritt Island, and with just a single closing in our current window, this is a thin-data market. Price here is driven by the individual home — its condition, updates, and lot — far more than by any repeatable neighborhood pattern. There is no amenity package doing the pricing work, so what you pay tracks the house itself.
For a buyer, that thinness cuts both ways: fewer comparables to lean on, but also fewer competing listings when the right one surfaces. For a seller, it means pricing is a case-by-case exercise, not a plug-and-play comp pull. Expect to do real work establishing value on both sides of the table.
Nearby homes for sale
No active listings inside Stone Lake EstatesHomes for Sale in Merritt Island, 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
Stone Lake Estates is a modest residential enclave on Merritt Island in Brevard County, where value comes from the home and the location rather than from shared amenities.
Space Coast MLS sales records identify 9 homes in Stone Lake Estates that have changed hands since 2004, built between 1998 and 2004 (median 1999), with a median living area of about 2,824 sq ft and a typical 4-bedroom, 3-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.
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 Stone Lake Estates is best for.
Best for
- Buyers targeting a Merritt Island location who prefer no HOA amenity load
- Buyers comfortable valuing a home on its own condition and updates rather than on comps
- Buyers who want a quieter, low-turnover residential pocket
Probably not for
- Buyers who want resort-style amenities like a pool, clubhouse, or gated entry
- Buyers who need a deep set of recent comparable sales before committing
- Buyers looking for high-volume, fast-moving inventory to choose from
The market around Stone Lake Estates
Stone Lake Estates is too small for its own price trend, so here is the market around it.
In ZIP 32904, 234 homes are on the market and 27% are under contract — a steady corner of Merritt Island.
Across Brevard County, 4,132 homes are active and 1,477 pending (26% under contract).
In ZIP 32904 (Merritt Island), 2,187 homes closed in the last 12 months at a median of $319K ($189/sq ft), down 1.1% year over year, with a median 49 days on market. Right now 35 active and 10 pending listings put supply at about 5.1 months — a balanced market. See the live ZIP 32904 housing market and the Brevard County market.
ZIP and county figures describe the wider market, not Stone Lake Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Stone Lake Estates, Merritt Island
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 Stone Lake Estates buying strategy.
If we were buying in Stone Lake Estates 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 Stone Lake Estates.
A thin-data Merritt Island pocket
With only one recent closing to reference, Stone Lake Estates does not give you a deep pool of comparable sales to triangulate from. That puts the weight of any valuation on the specific property in front of you — its condition, its layout, and how it stacks against nearby homes across Merritt Island rather than only within this small community.
Current MLS listings identify no community amenities here, so there is no pool, clubhouse, or gated entry adding a premium or carrying an association burden into the equation. What you are buying is the house and the Merritt Island location, plain and simple. If you want an amenity-rich, master-planned setting, this is not that.
The location and the amenities are priced into every listing in Stone Lake Estates. 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 this, comps do not do the work for you — a local read does. We build value from the specific home and current Merritt Island conditions, tell you plainly when a list price is a stretch, and flag when this community simply is not the right fit for your goals.
Stone Lake Estates 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 Stone Lake Estates 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 Stone Lake Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Stone Lake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Stone Lake Estates home worth?
Get a no-obligation home value based on real comparable sales in Stone Lake Estates, 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 Merritt Island →
Frequently Asked Questions
How many homes are in Stone Lake Estates?
What share of Stone Lake Estates is owner-occupied?
When were the homes in Stone Lake Estates built?
Who is the best real estate agent for Stone Lake Estates?
How do I find a top Merritt Island real estate agent who knows Stone Lake Estates?
Can Momentum Realty connect me with an agent for Stone Lake Estates?
Where is Stone Lake Estates, and what county is it in?
Should you buy in Stone Lake Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Space Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32904/32953)) |
| Under-contract shares | Space Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2004 (15 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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Nearby Communities
Explore more neighborhoods near Stone Lake Estates with Momentum Realty’s local guides.