Terra Mar Village market snapshot (as of June 25, 2026): the median sale price is about $154K ($141 per sq ft), with homes averaging 63 days on market and 9.0 months of supply, a buyer-leaning market (limited data). Values are up 26% over the past year and up 83% since 2015, based on 4 recent closings in live Daytona-area MLS data.
Terra Mar Village is a manufactured-home community on the Indian River (the Intracoastal Waterway) in Edgewater, southern Volusia County, at 10 Riverpark Boulevard. It is a waterfront community oriented to boating, fishing, and an easygoing old-Florida pace.
The community has roughly 318 home sites and is described as all-ages rather than strictly age-restricted (confirm current policy). Its standout feature is water access: a private boat ramp to the Intracoastal, a fishing pier, two large pools, a clubhouse, and courts for bocce, shuffleboard, and horseshoes, plus boat and RV storage.
Ownership here varies, which is the key thing to understand. The community includes deeded lots, so some residents own their land, while other homes sit on rented lots with a monthly lot rent (reported figures vary widely by source and arrangement). Some listings specifically advertise owned lots with no land lease, so confirm exactly which applies to any home you consider.
Because these are manufactured homes, the purchase is about the specific unit and its land status: the home's age and construction, tie-downs and wind rating, any prior storm or flood history on a waterfront site, and whether you are buying the lot or renting it. Done with eyes open, it is one of the more affordable ways to live on the water in the area.
