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All stats are year over year

Updated August 17, 2026 12:01PM EST

Echo Video

Days on MarketDOM

41Days | -11%
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Active InventoryAI

4,590 Homes | -23%
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Median Sales PriceMSP

$660,090 | 8%
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New ListingsNL

1,433 Homes | -5%
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Closed SalesCS

1,336 Homes | 13%
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Dollar VolumeDV

$1.7B | 42%
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Months of InventoryMOI

3.7 Months | -33%
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Pending SalesCS

1,264 Homes | 5%
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Magnolia Lakes Melbourne

A subdivision of Melbourne.

Total Homes : 157

Gated : No

Club Membership : No

No-Fee Community : No

Magnolia Lakes Melbourne Map

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Discover the Lifestyle of Magnolia Lakes Homes

Magnolia Lakes is an established residential subdivision in Melbourne, Florida, with approximately 157 homes. Located near the intersection of Sarno Road and Eau Gallie Boulevard, the community offers convenient access to Interstate 95, shopping, dining, recreation, and other destinations throughout Melbourne.

Magnolia Lakes Homes for Sale offer a residential setting with lakes, a community pool, a basketball court, and a picnic area. The community is not gated and does not have a community-wide club membership requirement, while homeowners are subject to association requirements.

About Magnolia Lakes

Magnolia Lakes is a standalone subdivision within Melbourne with approximately 157 homes. The neighborhood includes several residential phases and is characterized by a traditional subdivision layout with homes surrounding common lake areas.

The community is located approximately one mile east of Interstate 95 at Sarno Road and Eau Gallie Boulevard. This position provides convenient connections to Melbourne’s shopping and dining areas, medical services, entertainment, parks, and other everyday destinations.

Individual properties can vary in their features and condition. Some homes may have private pools, lake views, screened outdoor areas, or other improvements, but these characteristics are specific to individual properties rather than amenities shared by the entire community.

History of Magnolia Lakes

Magnolia Lakes developed in phases as part of Melbourne’s residential growth in the late 20th and early 21st centuries. Property records within the community include homes dating to the early 2000s, reflecting its relatively modern place within Melbourne’s established housing landscape.

The neighborhood has continued to operate under a homeowners association with recorded common areas and community facilities. Individual homes have been maintained and updated as properties have changed ownership over time.

Amenities

Magnolia Lakes has several community amenities maintained for association members. The neighborhood combines common recreational areas with multiple lakes and a residential setting close to Melbourne’s major roadways.

  • Community lakes: Several common lakes are located throughout the subdivision, contributing to the neighborhood’s landscape and providing water views for some properties.
  • Community pool: Residents have access to a shared swimming pool.
  • Basketball: A full basketball court is available within the community.
  • Picnic area: A designated picnic area provides space for outdoor gatherings.
  • Gated access: Magnolia Lakes is not gated.
  • Club membership: No separate community-wide country club membership is required.
  • Nearby recreation: Melbourne offers public parks, recreational facilities, and outdoor destinations throughout the surrounding area.
  • Shopping and dining: Restaurants, shopping centers, medical services, and everyday conveniences are available near Sarno Road and Eau Gallie Boulevard.
  • Regional access: Interstate 95 is approximately one mile west of the community, providing connections throughout Brevard County.

Key Details

  • Community type: Residential subdivision
  • Property types: Residential homes
  • Total homes: Approximately 157
  • Parent community: None
  • Gated: No
  • Club membership: No
  • Location: Melbourne, Florida
  • Association: Magnolia Lakes Development Homeowners Association, Inc.
  • Community fees: Current HOA fees should be verified for the individual property
  • Major roads: Sarno Road and Eau Gallie Boulevard
  • Regional access: Interstate 95 is approximately one mile west of the community

Nearby Communities

Wyndham Lake Estates is a smaller Melbourne subdivision with approximately 22 homes. Its compact residential setting provides another option for buyers comparing established communities in the area.

Woodshire Preserve is a larger Melbourne subdivision with approximately 165 homes. Its established residential setting offers a different neighborhood scale for buyers comparing properties throughout Melbourne.

Woodland Oaks is a smaller Melbourne subdivision with approximately 24 homes. Its compact residential character provides another option for buyers considering established communities nearby.

Work with Echo Fine Properties

Explore available homes in Magnolia Lakes and compare current listings, property features, lake views, and association information with Echo Fine Properties. A local real estate professional can help you evaluate individual properties and understand the details that apply to each home.

Magnolia Lakes Homes for Sale FAQs

Where is Magnolia Lakes located?

Magnolia Lakes is located in Melbourne, Florida, near the intersection of Sarno Road and Eau Gallie Boulevard. The community is approximately one mile east of Interstate 95. Its location provides convenient access to shopping, dining, medical services, recreation, and other Melbourne destinations.

Is Magnolia Lakes a gated community?

No. Magnolia Lakes is not a gated community. The subdivision has approximately 157 homes and is governed by a homeowners association.

Does Magnolia Lakes have an HOA?

Yes. Magnolia Lakes is governed by the Magnolia Lakes Development Homeowners Association, Inc. Current dues, restrictions, and other association requirements should be verified for the specific property before purchasing.

What amenities does Magnolia Lakes have?

Magnolia Lakes includes several shared amenities, including a community swimming pool, full basketball court, picnic area, and common lakes. Use of the common areas is available to association members. Individual properties may also have private features that vary from home to home.

Are there waterfront homes in Magnolia Lakes?

Some Magnolia Lakes homes are positioned along or near the community’s lakes, so lake views and waterfront characteristics vary by property. Buyers interested in a specific waterfront setting should review the individual property’s location, frontage, and current listing details.

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