Living in Florida's Space Coast
New Georgiana Settlement
New Georgiana Settlement is a single street. Old Parsonage Drive loops off South Courtenay Parkway roughly five miles below State Road 520, under a stand of grandfather oaks, and every address in the neighborhood is on it. Homes date from 1988 to 1992, 2,045 to 3,060 square feet, and every one of them has a pool. Dues are $400 a year.
New Georgiana Settlement In Merritt Island, Florida
The name is not decoration. Georgiana was a real place, a homestead settlement on the south end of Merritt Island with 24 homesteaders recorded in 1889 and a church, the Georgianna Church, founded in 1886. The original parcels ran as narrow strips all the way from the Indian River to the Banana River, and the footpath that connected them is Old Settlement Road today. A street called Old Parsonage Drive sits squarely inside that vocabulary.
The subdivision itself is late 1980s. Homes went up between 1988 and 1992, and unlike most of Merritt Island's block and stucco stock, the majority here are frame construction, several with brick, all under shingle roofs. Living area runs 2,045 to 3,060 square feet, typically about 2,355, in three and four bedroom plans with two to four baths. Vaulted ceilings, wood burning fireplaces, coffered ceilings and two story layouts with a primary suite on each floor show up here.
Lots run from 0.34 up to 0.63 of an acre, and the tree cover is the reason people fall for the place. These are mature oaks with real canopy, not ornamental plantings, and the corner parcels in particular sit in genuine shade. Every home that has changed hands here had an in ground pool, some screened, some open to the yard with paver decks and spas. There is no water frontage inside the plat, though community water access is noted on some parcels.
New Georgiana Settlement HOA collects $400 a year from every property. That is a mandatory assessment and it is the only one. There is no gate, no clubhouse, no community pool and no age restriction. Public water serves the street and each home runs its own septic system, which is standard for this part of South Merritt Island and worth building an inspection around.
This is the slowest market of any neighborhood I cover on the island, and that is useful information rather than a warning. Homes take roughly 157 days to go under contract and sellers have been settling near 89 percent of their original asking price. Values run $585,000 to $695,000 with the middle at $675,000 and about $255 a square foot. One street means a handful of houses, a handful of buyers, and a long, patient negotiation on both sides.
New Georgiana Settlement At A Glance
New Georgiana Settlement at a glance, which is a short list because it is one street.
| Detail | What you get |
|---|---|
| Location | South Merritt Island off South Courtenay Parkway, about five miles south of State Road 520, ZIP 32952 |
| Built | 1988 to 1992, most homes around 1989 |
| Home size | 2,045 to 3,060 square feet, about 2,355 typical |
| Bedrooms | 3 to 4, most commonly 4 |
| Bathrooms | 2 to 4, commonly 3 |
| Lot size | 0.34 to 0.63 acre, about 0.34 typical |
| Construction | Mostly frame with stucco and brick accents, shingle roofs, vaulted and coffered ceilings |
| Levels | A mix of single story and two story, some with a primary suite on each floor |
| Garage | 2 to 3 bays |
| Association | New Georgiana Settlement HOA, mandatory, $400 a year on every property. No gate, no clubhouse and no community pool are funded by it |
| Pools | In ground pools on every home, some screened, several with spas and paver decks |
| Water frontage | None inside the plat. Community water access is noted on some parcels |
| Trees | Mature grandfather oaks throughout, with heavy canopy on the corner lots |
| Utilities | Public water with septic tank sewer |
| Streets | Old Parsonage Drive, the only street in the subdivision |
| Gated | No, and not age restricted |
| Time to contract | About 157 days, the longest of any neighborhood on this side of the island |
| Price range | $585,000 to $695,000, around $255 per square foot |
New Georgiana Settlement Details
Actual History Under Your Feet
The Georgiana settlement recorded 24 homesteaders in 1889 and its church dates to 1886. Original parcels ran river to river as narrow strips, which is why the old roads on this end of the island run the way they do. Very few Florida subdivisions sit on ground with a documented name that old.
A Slow Market Is A Buyer's Market
About 157 days to contract and sellers landing near 89 percent of their original asking price is the most negotiable combination in South Merritt Island. If you are the patient sort, this is where patience actually pays. If you are the seller, price it right the first time.
Canopy You Cannot Plant
The oaks here were mature before the houses were built and they were kept. Shade on this scale changes summer utility bills, changes what grows in the yard, and changes how the street feels in August. It is also the first thing every owner mentions.
A Pool On Every Property
Every home that has traded in this neighborhood had an in ground pool. Several have been resurfaced, several have added spas and paver decks. Buying an existing permitted pool is materially cheaper than building one, and here it is simply part of the package.
Frame Construction, Which Cuts Both Ways
Most of Merritt Island is block. These are mostly frame homes with stucco and brick, which is why interiors here feel different and why some have added impact windows. Have the framing, sheathing and any past moisture intrusion looked at carefully rather than assuming block era durability.
Only One Way In
Old Parsonage Drive is the entire subdivision. There is no cut through, no second entrance and no traffic that is not going to a house on the street. Set back off Courtenay behind the tree line, it stays quieter than its address on a main corridor would suggest.
Homes For Sale In New Georgiana Settlement
Current availability on Old Parsonage Drive. This is a one street subdivision, so an empty list is common and the right move is usually to get on a watch list rather than wait for a search alert.
New Georgiana Settlement Frequently Asked Questions
What are the dues at New Georgiana Settlement?
Four hundred dollars a year, collected by New Georgiana Settlement HOA and applied to every property in the subdivision. It is mandatory. There is no clubhouse, community pool or gate attached to that money, so the assessment covers common ground and the entry.
Where does the name come from?
Georgiana was an early settlement on the south end of Merritt Island. Twenty four homesteaders were recorded in 1889 and the Georgianna Church was founded in 1886. Homestead parcels ran as narrow strips from the Indian River to the Banana River, and the old connecting footpath survives as Old Settlement Road.
How many streets are in the subdivision?
One. Old Parsonage Drive carries every address. It loops in from South Courtenay Parkway and connects toward South Tropical Trail, and nothing cuts through it, which is why it stays quiet.
Are the homes block or frame?
Mostly frame with stucco, and several with brick accents. That is unusual for Merritt Island, where concrete block dominates. Several homes have added impact rated windows and doors. Inspect framing and any history of moisture intrusion with that construction type in mind.
Do all the homes have pools?
Yes, every home that has changed hands here had an in ground pool. Some are screened and some open directly onto the yard, and several have added spas, resurfacing and paver decks in recent years.
Why do homes take so long to sell here?
Roughly 157 days to contract. It is a one street subdivision at a $600,000 to $700,000 price point, so the buyer pool is narrow by design. Sellers have been settling near 89 percent of their original asking price, which is meaningful room by island standards.
Is the neighborhood on sewer?
No. Public water serves the street and each home runs its own septic tank and drainfield. On lots of a third to two thirds of an acre that works well, but have the system inspected and pumped and ask when it was last replaced.
What are taxes and what is nearby?
Annual county bills have run about $1,847 to $5,330 with the middle near $3,613. South Courtenay Parkway is at the entrance, the Pineda Causeway is roughly ten minutes south toward Suntree and Interstate 95, and State Road 520 is about twelve minutes north.
Old Parsonage Drive, Merritt Island 32952
New Georgiana Settlement sits in South Merritt Island in the 32952 ZIP code, about five miles south of State Road 520 on the west side of South Courtenay Parkway. Coming south on Courtenay you turn right onto Old Parsonage Drive. Coming north from the Pineda Causeway you turn left onto the same street. Old Parsonage runs west toward South Tropical Trail and the Indian River side of the island, through the oaks the neighborhood is known for.
Drive times are middle of the island, which is to say reasonable in both directions. The Pineda Causeway is roughly ten minutes south for Suntree, Viera and Interstate 95, and Melbourne Orlando International Airport is about twenty five minutes that way. State Road 520 is roughly twelve minutes north for Cocoa Beach to the east or Cocoa and US 1 to the west. Port Canaveral and Kennedy Space Center run about forty minutes by way of State Road 528.
Near New Georgiana Settlement In Merritt Island
Considering New Georgiana Settlement?
Homes on Old Parsonage Drive sit for months, which means two things: you may wait a while for the right one, and when it appears you will have time to think and room to negotiate. That is a rare combination on this island. My partner Nichole and I watch this street and know which owners are close to moving. Call or text (321) 212-7676 and we will let you know before it goes public.
South Merritt Island Paradise in New Georgiana Settlement just waiting for you to put your stamp on it! Nestled on a spacious .34-acre lot in highly sought-after New Geor...
- 3 Beds
- 3 Baths
- 1072055 MLS
