Magnolia Lakes Melbourne

Magnolia Lakes is a community of single family homes in Melbourne, Florida, with a range of options priced between $94,080 and $425,000. There are currently a total of 3 homes for sale in Magnolia Lakes. The smallest Magnolia Lakes home presently available is a three bedroom two bathroom residence that is 1,664 square feet (1,264SF Under Air living space), and the largest of the Magnolia Lakes homes currently on the market has three beds and two baths and is a 3,327 square foot (2,419SF Under Air) residence.

Property management fees in Brevard County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Magnolia Lakes are $450. This fee includes grounds maintenance, and the community pool. Please check the individual listing pages for the exact homeowners association fees for a particular Magnolia Lakes home.

Sports facilities include basketball court.

The Magnolia Lakes HOA rules do allow homeowners to have pets. There is a limit of how many pets you may have. Dogs and cats are allowed.

There are four commercial airports that serve Magnolia Lakes - Melbourne Orlando International (MLB), which is three miles away; Vero Beach Regional (VRB), which is 37 miles away; Orlando International (MCO), which is 43 miles away, and Kissimmee Gateway (ISM), which is 47 miles away from Magnolia Lakes.

Magnolia Lakes real estate activity on the Melbourne MLS during the past year (as of May 2026) reflects two homes changing hands, with an average asking price of $352,400 and an average selling price of $347,500. This represents a healthy list-to-sell price ratio of 99% and $119 per square foot. During this period, Magnolia Lakes homes for sale have taken an average of just 0 days to sell.

In addition, there are numerous other communities in Melbourne to choose from, or you may browse all available Melbourne Real Estate, including some new construction opportunities. Homes for sale in Magnolia Lakes are selling quickly. Set up a new listing alert, and we will notify you immediately when a new home in Magnolia Lakes hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Space Coast real estate needs.

Magnolia Lakes Homes For Sale

Reduced

$489,000

$500,000

MLS#1075197

1161 White Oak Cir
Melbourne, FL 32934

4

3

2

2,200 SqFt

Pool

0.19 Acres

18 Days

Under Contract

$349,000

$359,000

MLS#1074215

1280 Berryhill Drive
Melbourne, FL 32934

3

2

2

2,590 SqFt

Water Front

0.13 Acres

30 Days

$324,900

MLS#1075583

1281 White Oak Cir
Melbourne, FL 32934

3

2

2

1,472 SqFt

0.13 Acres

15 Days

You may also be interested in Magnolia Lakes in Orlando.

3 Active Listings in Magnolia Lakes