Viera

Suntree — Spanish Wells

Suntree — Spanish Wells — established 1988s, under the Suntree umbrella, $500K median sale, $201/sqft.

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$500K

Median Price

$500K$500K

0

Homes

$21–$21

Monthly HOA

1988

Established

Suntree Elementary School

School Zone

Search Homes for Sale in Suntree — Spanish Wells

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Stellar MLS · 2026-04-26 · 1 closed sale

Recent market data

Median sold

$500,000

$500K – $500K

$/sqft

$201

Median DOM

72

days on market

HOA

$21/mo

Sale-to-list

90.9%

High school: VieraElementary: SuntreeMedian sqft: 2,484Median year built: 1988Waterfront lots: 100%

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Background

A brief history

Spanish Wells is a single-family sub-village within Suntree, developed in the late 1980s alongside other Suntree sub-communities including Spanish Cove and Cypress Trace. It is part of the original Suntree master plan and reflects the same General Development Corporation design philosophy of clustering named sub-communities around Suntree Country Club's 36-hole course, giving residents a country-club adjacency without mandatory club membership.

Homes in Spanish Wells were built primarily from about 1986 through 1991, making the typical home approximately 35 to 40 years old. Construction follows the Florida-ranch and Mediterranean-revival patterns of the era — concrete block, tile or shingle roofs, 2,200–2,600 square foot floor plans, attached 2-car garages, and screened lanais. Water frontage is notable: the MLS data shows Spanish Wells with 100 percent waterfront classification among recent sales, suggesting strong pond and creek-frontage lot penetration throughout the community.

Spanish Wells has a very low HOA — approximately $21/month — which reflects a minimal common-area footprint and places most exterior maintenance responsibility with individual homeowners. Unlike Quail Point or Briarwood, which have high HOAs covering exterior maintenance, Spanish Wells homeowners manage their own properties.

The feel

What it's like to live here

Spanish Wells shares the established, mature character of Suntree's single-family tier. The community has a spacious feel relative to newer Viera product — lots tend to be generous for the Suntree corridor, and the combination of mature tree canopy and pond-frontage lots gives the neighborhood an attractive landscape setting. Homes have that lived-in quality of a community where owners have been established for years.

The architecture is cohesive 1980s Florida — slightly formal by today's open-plan standards, with separate dining rooms and split-bedroom layouts that work well for families or empty nesters who want defined spaces. Buyers willing to invest in updates often find the combination of lot size, water views, and school zoning compelling at this price point.

The details

What to expect

Waterfront

Spanish Wells has a high concentration of pond and creek-frontage lots — most recent sales were classified as waterfront. Stormwater pond views are aesthetic and desirable, not navigable.

Home Style & Size

Late-1980s single-family homes, typically 2,200–2,600 square feet with split-bedroom layouts, tile or shingle roofs, and screened rear lanais. Larger floor plans than many Suntree sub-communities.

HOA & Fees

HOA is approximately $21/month — essentially nominal. No CDD. Individual homeowners are responsible for their own exterior maintenance.

Update Potential

Unrenovated 1980s kitchens and baths present a value-add opportunity. Updated homes in Spanish Wells move noticeably faster and command $30K–$60K premiums over comparable unrenovated units.

School Zoning

Suntree Elementary, DeLaura Middle, and Viera High School — a strong school sequence that places Spanish Wells in the same zone as communities priced $100K–$200K higher.

Community

Amenities

  • Strong waterfront lot penetration — most homes back to ponds or Crane Creek
  • Generous lot sizes relative to newer Viera neighborhoods
  • Very low HOA — approximately $21/month
  • Suntree Country Club 36-hole golf course proximity
  • Mature established landscaping and tree canopy
  • Suntree Elementary School attendance zone
  • Wickham Road retail and dining 5–8 minutes

Education

School assignments

  • Suntree Elementary School
  • DeLaura Middle School
  • Viera High School

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

Market Commentary

What the market is doing

Spanish Wells has traded in the $460K–$540K range, putting it above Spanish Cove but well below newer Viera construction. At approximately $201 per square foot, it offers meaningful square footage for the price. The $21/month HOA is almost nominal — the lowest in the Suntree sub-community spectrum — so your monthly cost is essentially just principal, interest, taxes, and insurance. Waterfront lots command a premium within the community; interior lots represent the better value entry.

— 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