Suntree Lakes in Melbourne

Suntree
Lakes

Established Suntree neighborhood · Suntree area · Brevard County

An established single-family neighborhood inside Melbourne's Suntree area.

Established homesSuntree areaCentral location
Live Market Pulse
56/100
Momentum
Balanced Market (limited data)
Resale here turns on the home's condition and lot; confirm any association fee and any master Suntree obligation before anchoring on a number.
Free · No obligation
Unlock Off-Market Suntree Lakes

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
$445K
Median Price
0mo
Supply
n/a
Avg DOM
Balanced
Seller Leverage
$221/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Suntree Lakes is an established single-family neighborhood inside the Suntree area of Melbourne, reported to feature midsize one and two-story homes built as part of the larger Suntree community that began developing in the 1970s. The draw is a mature, central Suntree address near Wickham Road shopping, medical offices, and I-95, with the beaches a short drive east. Because this is an established neighborhood inside a larger master-planned area, value turns on the specific home, its updates, and its lot far more than on a headline number, and any homeowner-association fee and what it covers are the layer to read carefully. Confirm the current association fee, inclusions, any master Suntree obligations, and any rules in writing, and read the home on its condition before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Suntree Lakes market snapshot (as of June 17, 2026): the median sale price is about $445K ($221 per sq ft), a balanced market (limited data). Based on 3 recent closings in live Space Coast MLS data.

Suntree Lakes is an established single-family neighborhood inside the Suntree area of Melbourne, in Brevard County (ZIP 32940). Local sources describe midsize one and two-story homes, reported roughly in the 1,300 to 2,400 square-foot range, built as part of the larger Suntree community that began developing in the 1970s.

The draw is a mature, central Suntree setting near Wickham Road shopping, dining, medical offices, and I-95, with the Pineda Causeway to the beaches a short drive away. Suntree as a whole is reported to offer parks, trails, and lakes, and a separate private country club; confirm exactly what applies to a Suntree Lakes home.

Because this is an established neighborhood inside a larger master-planned area, the specific home, its updates, and its lot matter more than the community average. Confirm any homeowner-association fee and what it covers, any master Suntree obligations, and any rules, then read the interior on its condition and systems.

For buyers who want an established home in the well-located Suntree corridor, Suntree Lakes is one of the area's more accessible single-family options. The work is verifying the fee and inclusions, the rules, and an honest condition read on the home before you anchor on a list price.

Best for

  • Buyers who want an established single-family home in the central Suntree area
  • Those who value parks, lakes, and a mature, tree-lined setting
  • Buyers who want a relatively accessible entry into the Suntree corridor
  • Those who will read the home's condition and any association fee honestly

Probably not for

  • Buyers who want new construction or a large modern footprint
  • Those who want a gated entry or a large resort amenity package
  • Buyers unwilling to confirm any association fee and rules
  • Anyone who wants acreage or a no-rules setting

How Suntree Lakes is performing right now

56/100
momentum
Balanced Market (limited data)
Seller's marketBalancedBuyer's market
0Months of supplytight
72Median days on marketdays
2 : 0Under contract vs for salestrong demand
3Sold 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 Suntree Lakes 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 Suntree Lakes buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Suntree Lakes

Live MLS inventory for Suntree Lakes. 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.

No homes are actively for sale in Suntree Lakes right now, so its recent closed sales are shown, 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

The Suntree-area location is the whole point: Wickham Road shopping, The Avenue Viera, I-95, and the hospital are all a short drive, with the beaches reachable via the Pineda Causeway.

Suntree shopping (Wickham Rd)~5-10 min · ~2 miles
The Avenue Viera~10-15 min · ~5 miles
I-95 (Wickham Rd interchange)~5-10 min · ~3 miles
Health First Viera Hospital~12-15 min · ~6 miles
Melbourne Orlando Int'l Airport~15-18 min · ~8 miles
Atlantic beaches (Pineda Causeway)~15-25 min · ~9 miles

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 SuntreeLakes with Momentum Realty’s local guides.

Country Walkat SuntreeCountry Walkat SuntreeMelbourne, FL · 0.2 miCypress Traceat SuntreeCypress Traceat SuntreeMelbourne, FL · 0.3 miRegents Walkin SuntreeRegents Walkin SuntreeMelbourne, FL · 0.3 miThe Springsof SuntreeThe Springsof SuntreeMelbourne, FL · 0.3 miHoliday Springsat SuntreeHoliday Springsat SuntreeMelbourne, FL · 0.3 miPark Meadow Westat SuntreePark Meadow Westat SuntreeMelbourne, FL · 0.4 miIndian River Colony ClubIndian River Colony ClubViera, FL · 0.4 miSpanish Wellsat SuntreeSpanish Wellsat SuntreeMelbourne, FL · 0.4 miTrasonaVieraTrasonaVieraMelbourne, FL · 0.4 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
Suntree Lakes (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

Suntree Lakes 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 Suntree Lakes address.

The takeaway

What is actually shaping value around Suntree Lakes: a Suntree corridor that leads Brevard in sales, expanding retail at The Avenue Viera, and statewide attention on HOA reserves. Each market item is sourced and linked.

Recent Developments in Suntree Lakes

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

Net OutlookBullishStrong corridor demand and expanding nearby retail point up for the Suntree area. The near-term watch item for Suntree Lakes is the condition of the specific home and confirming any fee or master obligation that applies.

Suntree and Viera corridor leads Brevard demand

2025
BullishMajor impact
SignificanceRadius: Area

The Suntree and Viera corridor consistently leads Brevard in sales, which supports demand for established homes in the area.

The Avenue Viera retail expansion

2025
BullishNotable impact
SignificanceRadius: Area

A growing nearby lifestyle center strengthens the everyday convenience that draws buyers to the Suntree corridor.

Established Suntree inventory stays scarce

Ongoing
BullishNotable impact
SignificanceRadius: Community

Established single-family homes in the central Suntree area are a limited share of the market, which supports pricing for well-kept homes.

HOA budgets and reserves under scrutiny statewide

Ongoing
NeutralNotable impact
SignificanceRadius: Region

Florida reserve and inspection rules have raised attention on association finances, so confirm any fee and budget that applies.

Mature trees and lake setting

Ongoing
BullishMinor impact
SignificanceRadius: Community

A mature, tree-lined setting with area lakes is a durable amenity that supports the appeal of the neighborhood.

Insurance costs weigh on older housing stock

Ongoing
NeutralNotable impact
SignificanceRadius: Region

Insurance is a real line item on older homes; confirm the roof age and quotes for the specific home.

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 Suntree Lakes, 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. May 2025
    Market

    Viera and Suntree lead Brevard home sales

    A local market analysis reported that the 32940 ZIP, which covers Viera, Suntree, and Baytree, consistently sells more homes than any other ZIP in Brevard, reflecting steady demand across the corridor. Why it matters: Strong corridor demand supports established single-family homes in the Suntree area like Suntree Lakes. Source

  2. December 2025
    Area

    The Avenue Viera adds ten new retailers, Trader Joe's opens

    The Avenue Viera reported concluding 2025 with ten new retailers, including Brevard County's first Trader Joe's, which opened December 3, 2025, plus Nordstrom Rack and J.Crew Factory. Why it matters: Expanding nearby shopping and dining strengthens the everyday convenience that underpins values across the Suntree corridor. Source

Development alerts for Suntree LakesGet a short monthly email when something new is approved, funded, or opens near Suntree Lakes.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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

1

Confirm any association fee and what it covers. Suntree neighborhoods vary, so verify the figure and the maintenance scope for the specific home.

2

Confirm any master Suntree obligations. Ask whether any area-wide assessment or rules apply on top of the neighborhood association.

3

Read the home and its lot. In an established neighborhood, the condition, systems, and lake or interior exposure drive value; confirm roof, HVAC, and updates.

4

Check the rules and any rental limits if you may rent or resell to investors later.

5

Cross-shop the broader area, including Suntree for the wider master-planned context.

Best Buy
An updated home on a good lot in a well-located part of Suntree Lakes
Biggest Risk
Deferred maintenance or an unconfirmed fee or assessment
Best Lot
Lake or preserve exposure over tight interior positions
Smart Timing
Confirm any fee, any master obligation, and the home's condition in writing
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

Suntree Lakes is an established single-family neighborhood inside the Suntree area of Melbourne, Brevard County (ZIP 32940). Local sources describe midsize one and two-story homes, reported roughly in the 1,300 to 2,400 square-foot range, built as part of the larger Suntree community that began developing in the 1970s. Suntree as a whole is reported to offer parks, trails, and lakes, with a separate private country club and golf that is a distinct membership. There is no separate gated entry or large resort amenity package tied to the neighborhood; the draw is the established homes and the central Suntree location near Wickham Road shopping, I-95, and the Pineda Causeway. Confirm any neighborhood association fee, what it covers, any master Suntree obligations, the rules, and an honest condition read on the home before you offer.

The takeaway

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

The Entry Home
$375K to $445K

Original or lightly updated homes, often the value door into the Suntree corridor on a more accessible budget.

Lowest entry
The Updated Core
$445K to $452K

Refreshed homes with newer systems on solid lots, the heart of the resale market here.

Most inventory
The Premium Lots
$452K to $452K

Updated homes on lake or preserve lots, the homes that tend to hold value best.

Strongest resale

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

$375K to $445K
The Entry Home
Original or lightly updated homes, often the value door into the Suntree corridor on a more accessible budget.
$445K to $452K
The Updated Core
Refreshed homes with newer systems on solid lots, the heart of the resale market here.
$452K to $452K
The Premium Lots
Updated homes on lake or preserve lots, the homes that tend to hold value best.

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.

Suntree-area locationStrong
Mature, tree-lined setting with area lakesStrong
Established single-family stockSolid
Any association fee and rules to verifyManage it
Older homes may carry deferred maintenanceManage 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 Suntree Lakes

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 established Suntree address is the draw. The deal is won or lost on the home's condition, the lot, and any fee you confirm.

Jon Brooks · Founder, Momentum Realty
7.4B · Buy Score
Resale Strength7.5/10
Renovation Risk5.5/10
Location Efficiency8.5/10
Long-Term Defensibility7.0/10
Carrying Cost Advantage7.6/10

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 Suntree Lakes 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
  • Lake and preserve lots hold value best
  • Tight interior positions can trade at a slight discount
  • The lot cannot be changed, the interior can
  • Condition and systems drive the resale number
  • Confirm any fee and rules before the finishes

In an established neighborhood, the lot and the home's condition are the parts of your money the market gives back at resale. Suntree Lakes homes on lake or preserve lots tend to hold value better than tight interior positions, while the interior can always be updated. Read the lot and the systems first, then price the condition of the home against comparable Suntree-area sales.

Suntree Lakes in 15 seconds.

Best forBuyers who want an established single-family home in the central Suntree area.
Biggest advantageA mature, well-located Suntree address near shopping, parks, medical offices, and I-95.
Biggest riskHome condition and any fee or assessment you have not confirmed in an established neighborhood.
Sweet spotAn updated home on a good lot with any fee and rules confirmed.
Avoid ifYou want new construction, a large modern footprint, or a gated resort amenity package.

HOA, CDD & Fees

15-Second Take
  • Established single-family Suntree neighborhood
  • Confirm any association fee and what it covers
  • Any master Suntree obligations to verify
  • Country club and golf are a separate membership
  • Read the home's condition and lot

Suntree neighborhoods vary in whether they carry a homeowner-association fee, so confirm the current amount and what it covers for the specific home (verify with the listing and the association).

If a neighborhood association applies, expect it to cover common areas and any shared grounds; confirm exactly what is included, any reserve picture, and any master Suntree obligations for the specific home.

The private Suntree Country Club and its golf are a separate membership, not part of a neighborhood association. Confirm what amenities, if any, apply to a Suntree Lakes home, and treat club access as a separate decision.

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 Suntree Lakes, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Suntree, 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 Suntree Lakes home worth?

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

Real comps, not a Zestimate.

Suntree Lakes Market Scorecard

Buyer-Leaning Market (limited data)

Suntree Lakes is currently a buyer-leaning market (limited data). Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$441,250
Median sold
$218
Per sqft
n/a
Days on mkt
0/1/4
Active/Pend/Sold

Typical home value in the 32940 ZIP is $484,704, about 8.4% 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 Suntree Lakes?
Suntree Lakes is an established single-family neighborhood inside the Suntree area of Melbourne, Brevard County (ZIP 32940), with quick access to Wickham Road shopping, I-95, and the Pineda Causeway to the beaches.
What kind of homes are in Suntree Lakes?
Local sources describe midsize one and two-story single-family homes, reported roughly in the 1,300 to 2,400 square-foot range. Layouts, updates, and lots vary, so read each home on its own.
Is Suntree Lakes part of Suntree?
Yes. Suntree Lakes is described as a neighborhood within the larger Suntree community in Melbourne, which began developing in the 1970s. Confirm the exact neighborhood boundaries on the listing.
Does Suntree Lakes include golf or a country club?
The private Suntree Country Club and its golf are a separate membership, not part of a neighborhood association. Treat club access as a separate decision and confirm the current membership terms with the club.
Is there an association fee at Suntree Lakes?
Suntree neighborhoods vary, so confirm whether a homeowner-association fee applies to the specific home, the current amount, and what it covers before you offer.
Does Suntree Lakes have a CDD fee?
No CDD is typically expected on an established neighborhood like this, but confirm per parcel as a matter of course, since assessments can vary.
Can I rent out a home in Suntree Lakes?
Any leasing rules would be set by the applicable association or covenants. Confirm any rental restrictions in writing before you assume you can rent.
What schools serve Suntree Lakes?
Suntree Lakes is in Brevard Public Schools in the Suntree-area attendance zone. School assignment is by address and changes periodically, so confirm the exact zoning for a specific home with the district.
How far is Suntree Lakes from the beach?
The Atlantic beaches are a roughly 15 to 25 minute drive east via the Pineda Causeway, with Wickham Road and Suntree shopping much closer.
Is Suntree Lakes a good value?
It is one of the more accessible doors into the well-located Suntree corridor. As with any established neighborhood, the home's condition, the lot, and any fee drive the outcome; this is not a guarantee of future value.
What should I check before buying in Suntree Lakes?
Confirm any association fee and what it covers, any master Suntree obligations, the rules, and the home's own condition, systems, and lot before you offer.
Should I use the listing agent to buy in Suntree Lakes?
No. The listing agent works for the seller. On an established home where condition and fees swing value, having your own representation to read the budget and comps is the highest-leverage decision you make. Momentum Realty represents you, not the seller.
Buyers who want an established single-family home in the central Suntree areaExcellent fit
Those who value parks, lakes, and a mature, tree-lined settingExcellent fit
Buyers who want a relatively accessible entry into the Suntree corridorExcellent fit
Those who will read the home's condition and any association fee honestlyExcellent fit
Buyers who want quick access to shopping, medical offices, and I-95Excellent fit
Buyers who want new construction or a large modern footprintProbably not
Those who want a gated entry or a large resort amenity packageProbably not
Buyers unwilling to confirm any association fee and rulesProbably not
Anyone who wants acreage or a no-rules settingProbably not
Investors who have not confirmed the leasing restrictionsProbably not

Get the inside read on Suntree Lakes

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Suntree Lakes 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 Suntree Lakes 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.

Zoom out before you decide: see the Brevard County market guide or every community in the Neighborhood Finder.

Get my Brevard County cash offer →

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 local market average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

or call (904) 351-6461
CallFree valuation →

More Melbourne & Space Coast / Brevard County guides

Compare before you commit — every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Space Coast / Brevard County or the full Neighborhood Finder.

Talk to a Local Suntree Lakes Expert
Call Get Listings