Homes for sale under $500k in Melbourne, FL

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ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Come & enjoy Mission Lake Villas @ 466 Carmel Dr. One of Suntrees most desirable neighborhoods. Sitting on a serene lake front lot, this block home features 3 bedrooms, 3 full bathrooms, 2 car garage, & courtyard w/ a sparkling heated pool. A unique floor plan, the main home consists of a huge master bedroom & bath along with a generous 2nd bedroom. Across the courtyard is private, the 3rd bedroom, office, or guest suite w/ a full bathroom. Best of all a brand new CLAY TILE ROOF, just completed. A/C 2023, new LVT plank flooring in (2) bedrooms, tile in the rest of the home, NO carpet, fresh new interior paint. New screening in entire pool area. Kitchen has stainless steel

$499,999

3 beds3 baths2,132 sq ft

466 Carmel Dr, Melbourne, FL 32940

0.23 acre lot • 2 garage spots • Pool

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Price Improvement! Stunning 3-Bedroom, 2-Bath Townhome in Avalonia – Modern Coastal Living at Its Finest Welcome to Avalonia, Viera’s premier Carefree Living community. This exquisite 3-bedroom, 2-bathroom townhome offers all the luxury upgrades you could ever want, combining modern coastal elegance with the convenience of maintenance-free living. Home Features: - Spacious open floor plan with high ceilings and abundant natural light - Gourmet kitchen with upgraded cabinetry, luxury granite countertops, stainless steel appliances, and a large island - Luxurious primary suite featuring a spa-like en-suite bath with a double vanity, walk-in shower, and ample closet

$499,990

3 beds2 baths1,731 sq ft

8130 Cache Creek Ln, Melbourne, FL 32940

Two sparkling pools • Screened-in lanai • Gourmet kitchen

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
3/2 2 CAR GARAGE FENCED YARD ROOF A FEW YEARS OLD A/C 2022 ALL NEW AC DUCTWORK INSTALLED. ALL COMMERCIAL GRADE LUXURY VINLY THROUGHOUT GRANITE IN KITCHEN NEW MASTER BATH UPGRADED FAUCETS AND LIGHT FIXTURES. SPRINKLER IS ON A WELL NOT CITY WATER. CONCRETE BACK PATIO. QUIET BEACH COMMUNITY WITH BEACH ACCESS AT END OF POINCETTA.

$499,900

3 beds2 baths1,340 sq ft

2320 Shell Ave, Indialantic, FL 32903

New master bath • Fenced yard • Roof a few years old

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Welcome to this beautiful home tucked away on a quiet cul-de-sac in the desirable Pineda Crossing community. Situated on a lovely preserve lot, this property offers gorgeous sunset views and the chance to watch local wildlife right from your backyard. Relax year-round in the heated pool and spa, or entertain guests in the large screened lanai. Inside, vaulted ceilings and a spacious open layout create an inviting atmosphere. Tile and laminate flooring flow throughout the main living areas, while the primary suite provides a private retreat. The secondary bedrooms and bathroom are generously sized, offering comfort for family or guests. A large indoor laundry room with a utility sink adds co

$499,900

3 beds2 baths2,001 sq ft

4998 Pine Lily Ct, Melbourne, FL 32940

Lakefront lot • Laminate flooring • Large screened lanai

NEW CONSTRUCTION3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
The Lilac offers 3-bedrooms 2 baths and 2-car garage with the kitchen and dining room as the heart of the home. The large eat-in counter space, is perfect for entertaining family and friends. The primary suite includes a large walk-in closet and beautiful bath. This home features a primary bath with tub and separate shower, freestanding laundry tub in laundry room in lieu of the laundry base cabinet and patio extension.

$499,020

3 beds2 baths1,731 sq ft

3181 Galeras Dr, Melbourne, FL 32940

Patio extension • Walk-in closet • Eat-in counter space

Property at 1247 Hasley Pl, Melbourne, FL 32940, 4 beds, 3 baths

$498,850

4 beds3 baths2,042 sq ft

1247 Hasley Pl, Melbourne, FL 32940

Property at 3048 Pangea Cir, Melbourne, FL 32940, 3 beds, 2 baths

$497,300

3 beds2 baths1,795 sq ft

3048 Pangea Cir, Melbourne, FL 32940

Property at 2679 Avalonia Dr, Melbourne, FL 32940, 3 beds, 2 baths

$495,000

3 beds2 baths1,776 sq ft

2679 Avalonia Dr, Melbourne, FL 32940

Property at 9273 Alister Dr, Melbourne, FL 32940, 3 beds, 2 baths

$495,000

3 beds2 baths1,900 sq ft

9273 Alister Dr, Melbourne, FL 32940

Property at 1755 Crane Creek Blvd, Melbourne, FL 32940, 4 beds, 2 baths

$495,000

4 beds2 baths2,145 sq ft

1755 Crane Creek Blvd, Melbourne, FL 32940

Property at 7969 Cache Creek Ln, Melbourne, FL 32940, 3 beds, 2 baths

$494,000

3 beds2 baths1,731 sq ft

7969 Cache Creek Ln, Melbourne, FL 32940

Property at 6528 Van Ness Dr, Melbourne, FL 32940, 3 beds, 3 baths

$490,000

3 beds3 baths2,006 sq ft

6528 Van Ness Dr, Melbourne, FL 32940

Property at 3702 Shenango Pl, Melbourne, FL 32934, 3 beds, 2 baths

$489,900

3 beds2 baths2,058 sq ft

3702 Shenango Pl, Melbourne, FL 32934

Property at 3760 Elizabeth Springs Way, Melbourne, FL 32934, 3 beds, 2 baths

$489,900

3 beds2 baths1,818 sq ft

3760 Elizabeth Springs Way, Melbourne, FL 32934

Property at Archer Plan, Viera, FL 32940, 3 beds, 2 baths

$489,400

3 beds2 baths1,721 sq ft

Archer Plan, Viera, FL 32940

Listing provided by Zillow

Property at 7735 Cache Creek Ln, Melbourne, FL 32940, 3 beds, 2 baths

$489,190

3 beds2 baths1,731 sq ft

7735 Cache Creek Ln, Melbourne, FL 32940

Property at 6641 Ringold St, Melbourne, FL 32940, 3 beds, 2 baths

$489,000

3 beds2 baths1,861 sq ft

6641 Ringold St, Melbourne, FL 32940

Property at 2618 Aston Cir, Melbourne, FL 32940, 3 beds, 2 baths

$489,000

3 beds2 baths1,949 sq ft

2618 Aston Cir, Melbourne, FL 32940

Property at 4013 Estancia Way, Melbourne, FL 32934, 4 beds, 3 baths

$489,000

4 beds3 baths2,551 sq ft

4013 Estancia Way, Melbourne, FL 32934

Property at 2780 Jolena Dr, Melbourne, FL 32935, 4 beds, 2 baths

$489,000

4 beds2 baths2,170 sq ft

2780 Jolena Dr, Melbourne, FL 32935

Property at 7935 Wyndham Dr, Melbourne, FL 32940, 3 beds, 2 baths

$489,000

3 beds2 baths1,725 sq ft

7935 Wyndham Dr, Melbourne, FL 32940

Property at 6908 Mcgrady Dr, Melbourne, FL 32940, 4 beds, 3 baths

$489,000

4 beds3 baths2,064 sq ft

6908 Mcgrady Dr, Melbourne, FL 32940

Property at 3151 Galeras Dr, Melbourne, FL 32940, 3 beds, 2 baths

$487,940

3 beds2 baths1,731 sq ft

3151 Galeras Dr, Melbourne, FL 32940

Property at Sapphire Plan, Viera, FL 32940, 3 beds, 2 baths

$486,400

3 beds2 baths1,921 sq ft

Sapphire Plan, Viera, FL 32940

Listing provided by Zillow

Property at 2610 Addison Dr, Melbourne, FL 32940, 3 beds, 2 baths

$485,000

3 beds2 baths1,656 sq ft

2610 Addison Dr, Melbourne, FL 32940

Property at 3790 Alamanda Key Dr, Melbourne, FL 32901, 3 beds, 2 baths

$485,000

3 beds2 baths1,782 sq ft

3790 Alamanda Key Dr, Melbourne, FL 32901

Property at 1445 Ambra Dr, Melbourne, FL 32940, 3 beds, 2 baths

$485,000

3 beds2 baths1,587 sq ft

1445 Ambra Dr, Melbourne, FL 32940

Property at 637 E Lincoln Ave, Melbourne, FL 32901, 3 beds, 2 baths

$484,999

3 beds2 baths2,446 sq ft

637 E Lincoln Ave, Melbourne, FL 32901

Property at Alora II Plan, Viera, FL 32940, 3 beds, 2.5 baths

$482,900

3 beds2.5 baths1,850 sq ft

Alora II Plan, Viera, FL 32940

Listing provided by Zillow

Property at 1568 Oconner Ave, Melbourne, FL 32940, 3 beds, 2 baths

$480,000

3 beds2 baths2,023 sq ft

1568 Oconner Ave, Melbourne, FL 32940

Property at 3013 Tidepool Pl, Melbourne, FL 32940, 3 beds, 2 baths

$479,982

3 beds2 baths1,640 sq ft

3013 Tidepool Pl, Melbourne, FL 32940

Property at 1572 Great Belt Cir, Melbourne, FL 32940, 3 beds, 2 baths

$479,900

3 beds2 baths1,764 sq ft

1572 Great Belt Cir, Melbourne, FL 32940

Property at 428 Kimberly Dr, Melbourne, FL 32940, 3 beds, 2 baths

$479,900

3 beds2 baths1,689 sq ft

428 Kimberly Dr, Melbourne, FL 32940

Property at 8064 Kingswood Way, Melbourne, FL 32940, 3 beds, 2 baths

$479,800

3 beds2 baths1,800 sq ft

8064 Kingswood Way, Melbourne, FL 32940

Property at 1422 Keys Gate Dr, Melbourne, FL 32940, 3 beds, 2 baths

$479,000

3 beds2 baths2,011 sq ft

1422 Keys Gate Dr, Melbourne, FL 32940

Property at 4942 Rosewood Ln, Melbourne, FL 32940, 4 beds, 2 baths

$479,000

4 beds2 baths2,141 sq ft

4942 Rosewood Ln, Melbourne, FL 32940

Property at 4999 Pine Lily Ct, Melbourne, FL 32940, 3 beds, 2 baths

$475,000

3 beds2 baths2,041 sq ft

4999 Pine Lily Ct, Melbourne, FL 32940

Property at 1493 Laramie Cir, Melbourne, FL 32940, 4 beds, 2 baths

$475,000

4 beds2 baths2,000 sq ft

1493 Laramie Cir, Melbourne, FL 32940

Property at 4645 Pagosa Springs Cir, Melbourne, FL 32901, 5 beds, 2.5 baths

$475,000

5 beds2.5 baths2,905 sq ft

4645 Pagosa Springs Cir, Melbourne, FL 32901

Property at 4310 Alamanda Key Dr, Melbourne, FL 32901, 3 beds, 2 baths

$475,000

3 beds2 baths1,787 sq ft

4310 Alamanda Key Dr, Melbourne, FL 32901

Property at 1437 Pineapple Ave #302, Melbourne, FL 32935, 3 beds, 3 baths

$474,900

3 beds3 baths2,021 sq ft

1437 Pineapple Ave #302, Melbourne, FL 32935

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Based on information submitted to the MLS GRID as of Mon Dec 01 2025. 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.

Homes for sale under $500k in Melbourne

There are currently 627 homes for sale under $500k in Melbourne. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Melbourne stay on the market for 81 days and receive 1 offers. Popular neighborhoods include Preston Hollow, North Kohala, Hamakua, South Kohala, and Windgate Ranch. This map is refreshed with the newest listings in Melbourne every 15 minutes.

In the past month, 116 homes have been sold in Melbourne. In addition to houses in Melbourne, there were also 116 condos, 99 townhouses, and 8 multi-family units for sale in Melbourne last month. Melbourne is a minimally walkable city in Brevard County with a Walk Score of 33. Melbourne is home to approximately 75,624 people and 46,884 jobs. Find your dream home in Melbourne using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Melbourne are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Melbourne. Our Melbourne real estate stats and trends will give you more information about home buying and selling trends in Melbourne. If you're looking to sell your home in the Melbourne area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Melbourne with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $500k in Melbourne, FL

Homes for sale under $500k in Melbourne

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