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All stats are year over year

Updated October 16, 2026 11:14AM EST

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Days on MarketDOM

43Days | -16%
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Active InventoryAI

4,481 Homes | -20%
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Median Sales PriceMSP

$656,000 | 7%
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New ListingsNL

1,453 Homes | -5%
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Closed SalesCS

1,132 Homes | -3%
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Dollar VolumeDV

$1.5B | 25%
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Months of InventoryMOI

3.6 Months | -28%
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1,062 Homes | -14%
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Magnolia Village

A subdivision of Melbourne.

Total Homes : 74

Gated : No

Club Membership : No

No-Fee Community : No

Magnolia Village, Melbourne, FL Homes for Sale

LOCATION PRICE BEDS BATHS $/SQFT
LOCATION PRICE BEDS BATHS $/SQFT
3818 Town Square Boulevard #61 | Magnolia Village Iii $258,000 3 2 $263 -

3818 Town Square Boulevard #61 | Magnolia Village Iii

$258,000

3 beds, 2 baths, 1,026sqft, $263/sqft

Magnolia Village Map

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Discover the Lifestyle of Magnolia Village Homes

Magnolia Village is an established residential subdivision in Melbourne, Florida, with approximately 74 homes. The community offers a traditional neighborhood setting within Melbourne, with access to shopping, dining, recreation, parks, and major roads serving the surrounding area.

Magnolia Village Homes for Sale provide an opportunity to live in an established Melbourne community without a gated entrance or community-wide club membership requirement. The neighborhood includes multiple recorded sections, giving it a distinct residential identity while remaining part of the larger Melbourne market.

About Magnolia Village

Magnolia Village is a standalone subdivision of Melbourne with approximately 74 homes. The community includes multiple recorded sections, including Magnolia Village III, reflecting its development in more than one phase.

The neighborhood has a traditional residential character, with individually owned properties that can vary in architectural style, condition, landscaping, renovations, and other features. Property-specific amenities such as pools, patios, garages, and outdoor improvements should be evaluated on an individual basis.

Magnolia Village is part of the broader Melbourne area, providing access to shopping, restaurants, parks, recreational facilities, and everyday services. Major roads throughout Melbourne also provide connections to other parts of the city and the surrounding Space Coast.

History of Magnolia Village

Magnolia Village developed as a residential subdivision in multiple recorded sections. The existence of Magnolia Village III reflects the community’s phased development as additional residential properties were added.

Detailed information about the original development dates and builders is limited, so specific historical claims are not included. The neighborhood has an established residential character today, with individual properties that have been maintained and updated over time.

Amenities

Magnolia Village is primarily a residential subdivision, with its location providing access to the public and commercial amenities available throughout Melbourne.

  • Community setting: Approximately 74 homes across multiple recorded sections.
  • Gated access: Magnolia Village is not gated.
  • Club membership: No community-wide club membership is required.
  • Private amenities: Pools, garages, landscaping, patios, and other improvements vary by individual property.
  • Parks and recreation: Public parks and recreational facilities are available throughout Melbourne.
  • Shopping and dining: Restaurants, shopping centers, and everyday services are available throughout the surrounding area.
  • Waterfront recreation: The Indian River Lagoon and Atlantic Coast beaches are accessible from the broader Melbourne area.
  • Regional access: Melbourne’s major roadways provide connections throughout the city and surrounding Brevard County.

Key Details

  • Community type: Residential subdivision
  • Property types: Residential homes
  • Total homes: Approximately 74
  • Parent community: None
  • Recorded sections: Multiple sections, including Magnolia Village III
  • Gated: No
  • Club membership: No
  • Location: Melbourne, Florida
  • Association information: Magnolia Village is not identified as a no-fee community; current association requirements and fees should be verified for the individual property
  • Major roads: Access varies by property and connects to Melbourne’s surrounding road network

Nearby Communities

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

Woodshire Preserve is a larger Melbourne subdivision with approximately 165 homes. Its established, non-gated setting offers a different neighborhood scale for buyers comparing properties in 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 Village and compare current listings, property features, 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 Village Homes for Sale FAQs

Where is Magnolia Village located?

Magnolia Village is located in Melbourne, Florida, as an established residential subdivision with approximately 74 homes. The community provides access to shopping, dining, parks, recreation, and everyday services throughout Melbourne. Exact proximity to individual destinations varies by property.

Is Magnolia Village a gated community?

No. Magnolia Village is not a gated community. The subdivision has approximately 74 homes across multiple recorded sections and does not have a community-wide club membership requirement.

Does Magnolia Village have an HOA?

Magnolia Village is not identified as a no-fee community, but current association requirements and fees should be verified for the specific property. Buyers should review applicable association documents, dues, restrictions, and other requirements before purchasing.

What type of homes are available in Magnolia Village?

Magnolia Village is an established residential subdivision with individually owned homes. Properties can vary in age, architectural style, condition, renovations, landscaping, and outdoor features. Buyers should review current listings individually for the characteristics of each available home.

What amenities are near Magnolia Village?

Residents have access to the public and commercial amenities available throughout Melbourne, including parks, restaurants, shopping, and recreational facilities. The broader area also provides access to the Indian River Lagoon and Atlantic Coast beaches. Magnolia Village itself does not have an identified private country club or community-wide recreational amenity package.

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C 561-500-3246

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