Reeling Park
Brand-new 2025-build family neighborhood — $748K median sale, low CDD, near top of new-construction tier.
Live the MaxLife.
$748K
Median Price
$525K – $1.1M
500
Homes
$203–$203
Monthly HOA
2024
Established
Quest Elementary
School Zone
Reeling Park — Market Pulse
Active listings + recent-sold aggregates from the Stellar MLS, 32940 area · about $252/sq ft · aggregate statistics only, no addresses or individual listings published.
Search Homes for Sale in Reeling Park
Stellar MLS · 2026-04-26 · 12 closed sales
Recent market data
Median sold
$747,755
$500K – $963K
$/sqft
$265
Median DOM
234
days on market
HOA
$203/mo
CDD fee
$135
per year (tax bill)
Sale-to-list
96.6%
First access
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Background
A brief history
Reeling Park is one of The Viera Company's newest family-tier communities, with the bulk of homes shipped in 2024–2025. Median year built in our recent MLS sample is 2025 — making it among the very newest large-volume Viera neighborhoods. Builders are the standard Viera production roster on a developer-platted layout. Reeling Park sits in the Viera Central / Town Center proximity tier, which has driven strong builder pricing.
The feel
What it's like to live here
Brand-new — landscaping is fresh, street trees are saplings, the community is still actively building out final phases. Architecture is contemporary Florida transitional with strong design consistency (stone-and-stucco fronts, tile roofs, large great-room kitchens). Demographic skews family-buyer, slightly higher income tier than Trasona given the higher absolute price.
The details
What to expect
Architecture & Lots
Production-builder contemporary Florida — 2,200–3,800 sqft, 3–5 BR, 3-car garage common on larger plans. Lots run 0.20–0.30 acre with conservation-buffer rear lots a meaningful premium. Impact glass standard, paver driveways, screened lanais standard.
New-Construction Inventory
Reeling Park is still actively building. Both resale and new-build inventory move through MLS — buyers should distinguish between owner-resale (typical 30–60 day timing) and builder spec-held product (longer carrying time, often more flexible on price).
HOA & CDD Fees
HOA ~$203/month. CDD ~$135/year (very low for Viera — alongside Trasona at the bottom of the CDD range). Combined monthly carrying cost ~$215/month before mortgage. The low CDD is a meaningful selling point versus Pangea Park ($1,010/yr) at a similar price tier.
Schools
Quest Elementary, DeLaura or Viera Middle, Viera High School. Good cluster — Quest is the largest Viera elementary feeder by sale volume.
Lifestyle & Amenities
Community amenity package being built out alongside homes (pool, playground, trails standard). Wider Viera amenity ecosystem (Avenue Viera, Viera Regional Park, Viera Hospital, four golf clubs) is 5–10 minutes away.
Access & Commute
Viera Central / Town Center proximity — Avenue Viera retail and Viera Hospital are 5 minutes. SR-528 (Beachline) is 10 minutes north. I-95 is 5 minutes west. Indian Harbour Beach via Pineda Causeway is 15 minutes east.
Community
Amenities
- Community pool, playground, walking trails (under build-out)
- Direct access to Avenue Viera retail and Viera Hospital (5 min)
- Brand-new (2024+) construction with current-code wind/impact standards
- Four golf clubs within 10 minutes
Know Before You Buy
HOA rules worth knowing
- HOA ~$203/month
- CDD ~$135/year (very low for Viera)
- Architectural review during initial Viera Company / builder warranty period
- Short-term rentals typically restricted
Education
School assignments
- Quest Elementary
- DeLaura Middle / Viera Middle
- Viera High School
School zone assignments change. Verify with Orange County Public Schools before purchase.
Market Commentary
What the market is doing
60-day median sale $747,755 across 12 closes ($525K–$1.1M range), $265/sqft, 234-day median DOM. The long DOM is a spec-home phenomenon — Reeling Park inventory includes builder-held spec product that carries marketing time independent of resale demand. Treat the DOM as builder marketing time, not market signal. PSF at $265 is reasonable for new-construction in a desirable Viera location. CDD is unusually low at $135/year — a structural cost advantage. HOA ~$203/month is moderate.
Active MLS Inventory
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Get Reeling Park AlertsActive MLS Inventory
Homes available in Reeling Park
12 homes currently listed in Reeling Park.
$639,900
8566 Lyside Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 5 ba · 2,398 sqft
Reeling Park
MLS ID #1078246, Coldwell Banker Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$625,000
8048 Gullen Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 2,302 sqft
Reeling Park
MLS ID #1076980, Coastal Life Properties LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$949,900
8197 Gullen Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 2,560 sqft
Reeling Park
MLS ID #1080062, Coastal Life Properties LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$629,000
8526 Lyside Drive, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 5 ba · 2,413 sqft
Reeling Park
MLS ID #1004055, Viera Builders Realty, Inc..
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$714,000
2350 Addison Drive, Melbourne, Fl 32940
Melbourne, FL 32940
4 bd · 4 ba · 2,950 sqft
Reeling Park
MLS ID #1075579, Compass Florida, LLC.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
$559,000
2221 Zuma Lane, Melbourne, Fl 32940
Melbourne, FL 32940
3 bd · 3 ba · 2,102 sqft
Reeling Park
This property is under contract. Contact us for backup offer opportunities.
MLS ID #1077240, RE/MAX Elite.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
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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 29, 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA