Viera

Magnolia Springs

Magnolia Springs — established, $437K median sale, $225/sqft.

Live the MaxLife.

$438K

Median Price

$375K$500K

0

Homes

$58–$58

Monthly HOA

2000

Established

Suntree Elementary School (Brevard Public Schools)

School Zone

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Stellar MLS · 2026-04-26 · 2 closed sales

Recent market data

Median sold

$437,500

$375K – $500K

$/sqft

$225

Median DOM

58

days on market

HOA

$58/mo

Sale-to-list

91.4%

High school: VieraElementary: QuestMedian sqft: 1,933Median year built: 2000

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Background

A brief history

Magnolia Springs is a multi-phase gated community within the Suntree Planned Unit Development in Melbourne, developed in the late 1990s as part of Suntree's sustained build-out along the Wickham Road corridor. Suntree was established as a PUD beginning in 1975, and by the mid-to-late 1990s the master plan was filling its remaining residential parcels with communities that offered waterfronts, mature landscaping buffers, and community pool amenities at accessible price points. Magnolia Springs was built across three phases, each sharing access to The Springs of Suntree Community Center — a shared amenity facility it holds in common with four neighboring Suntree developments.

Homes throughout the community are single-family waterfront residences ranging from approximately 1,500 to 2,000 square feet, set on lots between 55 and 120 feet in width and positioned to capture lake or pond views. The development follows the standard Suntree architectural pattern of the era: barrel tile roofs, screened rear lanais, and Florida-friendly landscaping. Magnolia Springs sits off North Wickham Road, which places it within easy reach of the full retail, dining, and medical corridor that defines daily life for Suntree-area residents.

The feel

What it's like to live here

Magnolia Springs is a settled, family-oriented community with mature landscaping that has been growing for over two decades. The multi-phase structure means the neighborhood has slightly varying street characters depending on which phase a home sits in, but the overall feel is consistent: quiet cul-de-sacs, water views, tile roofs, and well-maintained exteriors. The shared community center with neighboring villages creates a social infrastructure that single-community amenity centers often lack.

The resident mix is broad — families attracted by the Suntree school zones, downsizers who want a waterview home without a large lot, and long-term Brevard residents who have stayed through multiple market cycles. The community is not gated, which is worth noting for buyers who prioritize controlled access.

The details

What to expect

Home Size & Vintage

Single-family homes built in three phases in the late 1990s, ranging from roughly 1,500 to 2,000 square feet under air. Tile roofs and screened lanais are standard; budget for interior updates on older resales.

Water Views

The community is built around lakes and retention ponds, with most homes oriented to capture a water view from the rear lanai — a genuine lifestyle feature at this price point.

Shared Amenities

Residents share The Springs of Suntree Community Center with four neighboring developments, giving access to a pool, clubhouse, fitness room, tennis, and shuffleboard for a shared HOA cost.

Access

Located directly off North Wickham Road with easy access to I-95. The Avenue Viera, Brevard Zoo, Viera Health Park, and Melbourne International Airport are all within 10–15 minutes.

Gating

Magnolia Springs is not a gated community. Buyers prioritizing controlled access should factor this into their comparison against nearby gated Suntree sub-associations.

Community

Amenities

  • Shared access to The Springs of Suntree Community Center
  • Large community swimming pool
  • Clubhouse with gathering facilities
  • Exercise facility
  • Tennis courts
  • Shuffleboard
  • Playground
  • Lake and pond views throughout community
  • Proximity to North Wickham Road retail and medical corridor

Education

School assignments

  • Suntree Elementary School (Brevard Public Schools)
  • Viera Middle School (Brevard Public Schools)
  • Viera High School (Brevard Public Schools)
  • Viera Charter School (K-8, tuition-free public charter)

School zone assignments change. Verify with Orange County Public Schools before purchase.

Market Commentary

What the market is doing

Magnolia Springs is a strong value play in the Suntree-Viera corridor — buyers get a waterview home in an established neighborhood with shared amenities and Viera High School zoning at prices that still undercut newer Viera product. Homes will likely need kitchen and bath updates, but the structural quality is solid and the lot positions are genuinely appealing. Don't overlook the shared community center — it's a meaningful amenity that new-construction communities charge a premium to replicate.

— Ryan Solberg, Broker · MaxLife Realty · License #BK3354351

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of June 10, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA