Living in Florida's Space Coast
Cypress Lake Estates
Every street in Cypress Lake Estates is named for a tree: Pepper Tree, Cottonwood, Orchid Tree, Crepe Myrtle, and Cypress Lake Drive itself. Parcels run two and a quarter to nearly four acres. There is no association and no dues of any kind. Three quarters of the properties have a pool, and horses are already kept on several.
Cypress Lake Estates In Grant-Valkaria, Florida
Getting here takes a few turns. From US 1 you go west on Shell Pit Road, north on Old Dixie Highway, west on Berry Road, then south on Indian River Boulevard before you turn west onto Cypress Lake Drive. Cottonwood Drive comes off that, and Pepper Tree Street, Crepe Myrtle Drive and Orchid Tree Drive run off Cottonwood. Several of them dead end. Nobody drives through Cypress Lake Estates by accident.
The parcels run 2.26 to 3.72 acres, with about two and a half acres typical. There is no homeowners association, no annual assessment and no architectural review. The plat book records it in three pieces, an original unit, an addition and the estates plat, which is common for acreage that filled in slowly. Agricultural residential zoning applies across much of this part of town, and it is what allows the barns, shops and ancillary buildings you see.
Houses span 1981 to 2015, about 1991 typical, and range from 1,600 square feet up to 3,974. That is a genuinely wide spread, and so is the construction: stucco on some, frame on others, block on several, with metal roofs on a third of them and shingle on the rest. Most are single story. Wooded lots and heavy tree cover appear on half the properties, and cleared, grassed acreage on the rest.
Nine of the twelve properties have an in ground pool, six of them screened. Garages run from two bays to six, and detached workshops are part of the character here, including one detached building past 1,200 square feet with its own service. Fire pits, cross fencing and cleared paddock space show up repeatedly. Four properties are actively used for horses. Every address is on a private well and a septic tank.
Typical value is $766,000, in a range from $475,000 to $1,237,000, and price per square foot runs about $317. That is the highest per foot figure of any acreage neighborhood in Grant-Valkaria, and it is not because the houses are luxurious. It is because two and a half unrestricted acres with a pool, a shop and no association is a scarce thing in south Brevard County, and buyers know it.
Cypress Lake Estates At A Glance
Cypress Lake Estates at a glance, from acreage to outbuildings.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | West off Indian River Boulevard onto Cypress Lake Drive, north of Grant Road, Grant-Valkaria 32949 |
| Plat | Recorded in three pieces: an original unit, an addition and the estates plat |
| Built | 1981 to 2015, about 1991 typical |
| Home size | 1,600 to 3,974 square feet, about 2,623 typical |
| Bedrooms | Three to five, with two to four baths |
| Lot size | 2.26 to 3.72 acres, about 2.54 typical |
| Construction | Mixed stucco, frame and block. Metal roofs on a third, shingle on the rest |
| Association | None. No dues, no architectural review, no shared amenities |
| Utilities | Private well and septic tank |
| Pools | Nine of twelve properties, six under screen enclosures |
| Garage | Two to six bays, with detached workshops on several parcels |
| Horses | Kept on four of the twelve properties |
| Streets | Cypress Lake Drive, Cottonwood Drive, Pepper Tree Street, Crepe Myrtle Drive, Orchid Tree Drive |
| Price range | $475,000 to $1,237,000, typical $766,000 |
| Price per square foot | Around $317, the highest of the Grant-Valkaria acreage plats |
| Time to sell | About 39 days typical |
Cypress Lake Estates Details
Nothing To Sign, Nobody To Ask
No association, no dues, no architectural committee, no approval process. You answer to the Town of Grant-Valkaria code and to whatever restrictions sit in your own deed. It is the most freedom on offer among the neighborhoods in this town, and the exact same freedom applies to the person on the next two and a half acres.
Detached Shops And Six Bay Garages
Garage counts here reach six, and detached workshop buildings past 1,200 square feet with separate service exist on the ground. For anyone with a boat, a fifth wheel, a tractor or a trade, this is the practical difference between an acreage neighborhood and a subdivision with big lots.
Pools On Three Quarters Of The Properties
Nine of twelve have an in ground pool and six of those are screened. On two and a half acres a pool is a private one, not a neighborly one. Check the age of the cage, the marcite and the equipment, because on a well fed system the pump and the fill line matter as much as the finish.
Horses Are Already Here
Four of the twelve parcels are in active equestrian use, with cleared and grassed pasture, cross fencing and room for ancillary buildings. Confirm the zoning classification on the specific parcel with the Town before you count on it, because agricultural residential zoning is not uniform across every lot in this area.
Streets Named For Trees
Pepper Tree, Cottonwood, Crepe Myrtle, Orchid Tree, Cypress Lake. It is a small tell about when and how the plat was laid out, and it matches what is actually growing on the parcels. Half the lots are wooded with heavy canopy, half are cleared and grassed.
Dead Ends By Design
Several of these streets terminate rather than connect, and the route in from US 1 takes five turns. There is no through traffic here at all, which is a real quality of life difference and also a reason deliveries, service calls and ride shares take longer than you expect.
Homes For Sale In Cypress Lake Estates
Current availability in Cypress Lake Estates is below. Acreage, outbuildings and pool condition vary sharply from parcel to parcel here, so read each listing on its own terms rather than comparing headline prices.
Cypress Lake Estates Frequently Asked Questions
Is there an HOA in Cypress Lake Estates?
No. There is no homeowners association, no annual assessment and no architectural review. Improvements fall under Town of Grant-Valkaria code and any restrictions recorded against the individual parcel. Have the title work reviewed rather than assuming the land is entirely unrestricted.
How big are the parcels?
From 2.26 to 3.72 acres, with roughly two and a half acres typical. That is enough for a pool, a detached shop, a paddock and a real buffer between houses, and it is small enough that one person can still keep it mowed.
Can I keep horses here?
Four of the twelve properties are already in equestrian use, with cleared pasture and cross fencing. Agricultural residential zoning covers much of this part of Grant-Valkaria and allows multiple ancillary buildings, but classification varies parcel by parcel, so confirm it with the Town before you buy animals.
Is the neighborhood on well and septic?
Yes. Every address runs a private well and a septic tank. Budget your inspection period for a water quality test, a well pump and pressure tank check and a septic evaluation with the drain field located, especially on the houses built in the 1980s.
Why is the price per square foot so high?
About $317 a foot, the highest among the acreage plats in this town. The number is driven by land, outbuildings and freedom rather than by interior finish. Two and a half unrestricted acres with a pool and a shop is scarce inventory in south Brevard County, and the price reflects scarcity.
What kind of construction should I expect?
A real mix. Stucco, frame and block all appear, with metal roofing on about a third of the properties and shingle on the rest. Frame construction and roof material both affect what an insurance carrier will quote, so get that conversation started before you are deep into a contract.
How far is the water?
The Indian River is a few minutes east. Brevard County maintains Christenson's Landing at 5355 US 1 with six ramp lanes and two fishing piers, the First Street ramp with a wooden dock, and John Jorgensen Landing with a two lane ramp. Fisherman's Landing has a 200 foot pier and paddle access.
What is the downside?
No association also means no recourse. If the neighboring parcel becomes a workshop, a kennel or a place to store equipment, that is within the rules. Drive the streets on a weekend before you commit, and look at what is behind the tree lines as well as what is on them.
Cypress Lake Drive, Grant-Valkaria 32949
The neighborhood sits inland between Old Dixie Highway and the western edge of the Grant community, north of Grant Road and south of Valkaria Road. The approach from US 1 runs through Shell Pit Road, Old Dixie Highway, Berry Road and Indian River Boulevard before Cypress Lake Drive turns west. It is a rural grid of two lane roads with no sidewalks, no streetlights and long gaps between driveways.
US 1 is five minutes east for fuel and groceries, and it runs north to Malabar and Palm Bay or south to Micco and Sebastian. I-95 is reached at Malabar Road, exit 173. Valkaria Airport, the Brevard County general aviation field, and The Habitat golf course sit a short drive northwest. Melbourne is about thirty five minutes north. Grant-Valkaria is inland, so the ocean means a drive and a causeway.
Near Cypress Lake Estates In Merritt Island
Considering Cypress Lake Estates?
Unrestricted acreage is the best part of this neighborhood and the part that needs the most homework: zoning classification, what the outbuildings were permitted as, where the drain field runs, how old the well is, and what the neighboring parcels are actually being used for. My partner Nichole and I sell acreage in this town every year and will tell you plainly what a parcel is worth. Call or text (321) 212-7676.
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