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All stats are year over year

Updated September 16, 2026 10:54AM EST

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Days on MarketDOM

40Days | -13%
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Active InventoryAI

4,345 Homes | -24%
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Median Sales PriceMSP

$650,000 | 3%
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New ListingsNL

1,360 Homes | -7%
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Closed SalesCS

1,112 Homes | -2%
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Dollar VolumeDV

$1.4B | 27%
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Months of InventoryMOI

3.5 Months | -33%
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1,206 Homes | 2%
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Indian River Estates Melbourne

A subdivision of Melbourne.

Total Homes : 36

Gated : No

Club Membership : No

No-Fee Community : No

Indian River Estates Melbourne Map

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Discover the Lifestyle of Indian River Estates Homes

Indian River Estates is an established residential subdivision in Melbourne, Florida, with approximately 36 homes. Located in the 32935 area, the neighborhood offers a compact residential setting with convenient access to U.S. 1, shopping, dining, parks, recreation, and other destinations throughout Melbourne.

Indian River Estates is not gated and does not require private club membership. The community has an established residential character, with individual homes varying in architectural style, age, condition, landscaping, and improvements. Indian River Estates Homes for Sale are relatively limited because of the neighborhood’s small size.

About Indian River Estates

Indian River Estates is a subdivision of Melbourne in the northern part of the city. The community is separate from the much larger Indian River Estates community in Fort Pierce, despite sharing the same name.

The Melbourne neighborhood is located near the U.S. 1 corridor, providing convenient connections to the Indian River Lagoon and other parts of Melbourne. Individual properties can differ substantially in lot characteristics, renovations, outdoor features, and overall condition, reflecting the established nature of the subdivision.

History of Indian River Estates

Indian River Estates is an established Melbourne residential subdivision rather than a recent development. Its relatively small number of homes and established setting reflect the broader pattern of residential growth that took place throughout Melbourne as neighborhoods developed around the U.S. 1 corridor.

Individual properties have been maintained and improved over the years, resulting in a varied housing character within the original neighborhood setting. The community remains a small residential subdivision within the larger Melbourne area.

Amenities

Indian River Estates is primarily a residential subdivision, with its location providing access to nearby public recreation and everyday conveniences.

  • Approximately 36 homes
  • Established residential setting
  • Primarily residential properties
  • Non-gated community
  • No required private club membership
  • Convenient access to U.S. 1
  • Nearby shopping and dining
  • Access to parks and public recreation throughout Melbourne
  • Convenient connections to the Indian River Lagoon and surrounding areas
  • Individual homes may include private pools, garages, patios, landscaping, or other improvements

Private pools, patios, garages, and similar features belong to individual residences and are not shared Indian River Estates amenities.

Key Details

  • Community type: Residential subdivision
  • Property types: Primarily residential homes
  • Total homes: Approximately 36
  • Parent community: None; Indian River Estates is a subdivision of Melbourne
  • Gated: No
  • Club membership: No
  • Location: Melbourne, Florida
  • ZIP area: 32935
  • Major road: U.S. 1
  • Association: Verify current association information for the specific property
  • Community fees: Verify current fees and requirements for the individual property
  • Nearby area: Indian River Lagoon and the broader northern Melbourne corridor

Nearby Communities

Booker Heights is an established Melbourne subdivision with approximately 121 homes. Its larger residential setting provides another option for buyers comparing established communities in the Melbourne area.

Grandview Shores is another established Melbourne subdivision with approximately 121 homes. Its location near the Indian River corridor offers a useful comparison for buyers interested in established residential neighborhoods with convenient access to waterfront areas.

Eau Gallie Gardens is a smaller Melbourne subdivision with approximately 14 homes. Located in the broader Eau Gallie area, it provides access to U.S. 1, the Indian River Lagoon, local restaurants, shops, parks, and cultural destinations.

Work with Echo Fine Properties

Explore available homes in Indian River Estates and compare current listings, property features, association information, and nearby Melbourne communities with Echo Fine Properties. For any specific property, review the current listing and property documents to confirm fees, restrictions, lot characteristics, and other property-specific details.

Indian River Estates Homes for Sale FAQs

Where is Indian River Estates located?

Indian River Estates is located in Melbourne, Florida, in the 32935 area. The subdivision is near U.S. 1, with convenient access to shopping, dining, parks, recreation, and other Melbourne destinations. The Indian River Lagoon and waterfront areas are also accessible from the surrounding corridor.

How many homes are in Indian River Estates?

Indian River Estates has approximately 36 homes, making it a small Melbourne subdivision. Its limited size gives the neighborhood a compact residential character, while individual properties can vary in age, architecture, landscaping, and improvements.

Is Indian River Estates a gated community?

No. Indian River Estates in Melbourne is not a gated community. The neighborhood has traditional residential access.

Does Indian River Estates have an HOA?

Current association information and fees should be verified for the specific property. The community is not classified as a no-fee community, but that designation does not provide enough detail to state the exact current fee or association obligations for every residence. Buyers should review the applicable property and association documents before purchasing.

Is Indian River Estates near the Indian River Lagoon?

Yes. Indian River Estates is located in northern Melbourne near the U.S. 1 corridor and the Indian River Lagoon. The exact distance to the water varies by property, and waterfront access or views should be confirmed for each individual home. Nearby parks and recreational destinations add to the area’s outdoor options.

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