Living in Florida's Space Coast
Treasure Lagoon
Treasure Lagoon is a single gated lane off North Tropical Trail on North Merritt Island. Every lot is about a third of an acre, every house is a four bedroom built between 2000 and 2005, and every one of them has a screened pool. No lot fronts the water, but the community owns a boat ramp and a fishing pier on the Indian River.
Treasure Lagoon In Merritt Island, Florida
Treasure Lagoon is one recorded plat and one street, Treasure Lagoon Lane, entered through a gate off North Tropical Trail between Hall Road and Grant Road. It is small, quiet and deliberately finished: the lots are uniform at about 0.35 of an acre, the shade trees have matured, and there is nowhere for traffic to go except in and back out again.
The water arrangement here is unusual and worth understanding before you tour. No home in Treasure Lagoon sits on the water. Instead the community holds shared access on the Indian River, a boat ramp and a fishing pier that belong to the owners collectively. You get river use, sunset water and a place to launch without paying waterfront prices or carrying waterfront insurance and seawall exposure on your own parcel.
The houses were built between 2000 and 2005 and they share a set of assumptions: four bedrooms, two or three baths, formal living and dining rooms up front, a large family room behind, twelve foot ceilings in the main areas and ten in the bedroom wing, and a screened lanai wrapped around a pool. Two and three car garages, several of them oversized. Sizes run about 2,450 to 2,700 square feet.
Treasure Lagoon Owners Association, Inc. was registered with the Florida Division of Corporations in 1998, ahead of the first houses, and it is active. Membership is mandatory and dues apply. The questions that matter on a street like this are about the shared assets: how the gate is maintained, how the ramp and the pier are funded, when the pier was last inspected, and what the reserve position looks like. Ask in writing.
Values here have sat in a tight band, roughly $687,000 to $712,000, with the middle near $691,000. That narrowness is a function of a small plat where the houses were built within five years of one another to similar sizes. It also means you have less room to find a bargain and less risk of overpaying. The real variable is what each owner has done with the pool, the roof and the kitchen.
Treasure Lagoon At A Glance
Treasure Lagoon at a glance, gate to pier.
| Detail | What you get |
|---|---|
| Detail | Value |
| Location | Treasure Lagoon Lane off North Tropical Trail, between Hall Road and Grant Road, North Merritt Island 32953 |
| Jurisdiction | Unincorporated Brevard County. County code, county services, no city layer |
| Recorded plats | One, Treasure Lagoon |
| Built | 2000 to 2005 |
| Home size | About 2,450 to 2,700 square feet |
| Bedrooms | Four, with two to three baths |
| Lot size | 0.35 acre, consistent across the plat |
| Construction | Block and stucco, single story, high ceilings, tile roofs, paver drives on several |
| Association | Mandatory. Treasure Lagoon Owners Association, Inc., registered with the state in 1998 and active. Dues apply |
| Gated | Yes, controlled entry off North Tropical Trail |
| Water access | Community boat ramp and fishing pier on the Indian River. No individual lot is waterfront |
| Pools | Screened pools throughout, several with spas and heat |
| Garage | Two and three car, some oversized |
| Streets | Treasure Lagoon Lane |
| Utilities | Confirm water source, sewer or septic and irrigation supply for the specific address |
| Price range | $687,000 to $712,000, with roughly $691,000 in the middle |
Treasure Lagoon Details
River Access Without A Waterfront Lot
The ramp and the pier belong to the community, not to any one owner. You launch, fish and watch the sun go down over the Indian River, then go home to a lot that has no seawall to maintain and no waterfront exposure to insure. For a lot of buyers that trade is the entire appeal.
One Street, One Gate
There is a single way in and a single way out. Nobody drives through Treasure Lagoon on the way to somewhere else. On a small plat that is not a marketing point, it is the daily experience.
Every Lot Measures The Same
A third of an acre, parcel after parcel. That kind of uniformity tells you the plat was laid out to one standard and held to it, and it keeps the streetscape even in a way that phased communities rarely manage.
Pools Come Standard
A screened pool behind the house is the norm here, not an upgrade someone added later. Budget for the pump, the heater, the cage and the screen the way you would budget for a roof, because on the island salt air reaches all of them.
Launch Views From The Lanai
North Merritt Island sits close to the pads and this stretch has an open northeast sight line. Owners here plan around launch windows. From a pool deck this close you feel them as much as you see them.
Tropical Trail Is Not A Highway
North Tropical Trail runs the Indian River side of the island as a two lane road through hammock and old grove land. It is the pretty way home, and it is slower than North Courtenay Parkway. That is a feature if you want quiet and a consideration if you commute in a hurry.
Homes For Sale In Treasure Lagoon
Anything currently available on Treasure Lagoon Lane is shown below. With one street and a small number of houses, listings are infrequent, so if the timing lines up it is worth moving on it.
Treasure Lagoon Frequently Asked Questions
Is Treasure Lagoon gated?
Yes. Entry is controlled from North Tropical Trail and Treasure Lagoon Lane is the only road inside. Showings need to be arranged ahead of time because there is no casual drive through access.
Are any homes on the water?
No. Not one lot in Treasure Lagoon is waterfront. The water benefit here is shared: a community boat ramp and fishing pier on the Indian River that belong to the owners as a group. That is a meaningful amenity, and it is not the same as a private dock.
Can I keep a boat?
You can launch from the community ramp, and most driveways and garages here have room for a trailered boat. There is no slip or lift assigned to a house. If you need a boat in the water year round, plan on a marina and treat the ramp as a convenience.
Does an association govern the lane?
Yes, and joining is not a choice. Treasure Lagoon Owners Association, Inc. has been on file with the Florida Division of Corporations since 1998 and is active. Dues apply and they change, so ask for the current budget, the governing documents and the reserve information in writing before you commit.
How big are the homes?
Roughly 2,450 to 2,700 square feet with four bedrooms and two or three baths, on lots of about a third of an acre. Ceilings run high, often twelve feet in the main living areas, which makes the plans feel larger than the numbers suggest.
What is the drive to the beach and the port?
Cocoa Beach and Port Canaveral are both a reasonable drive east, and State Road 528 north of the neighborhood is the fastest way across. Kennedy Space Center is up State Road 3, and Orlando International Airport is roughly forty five minutes by the Beachline.
What should I inspect here?
Pool equipment, the screen enclosure and the roof first, because salt air ages all three faster on the island than inland. Then confirm the water source and whether the property is on sewer or septic, since that varies along North Tropical Trail.
Is it in a city?
No. This is unincorporated Brevard County. Merritt Island is not incorporated, so county code governs permitting and county departments provide services. Your mail says Merritt Island, and your government is the county.
Treasure Lagoon Lane, Merritt Island 32953
Treasure Lagoon sits on the Indian River side of North Merritt Island, off North Tropical Trail about a mile south of Hall Road and north of Grant Road. This is the quieter half of the island, north of the Canaveral Barge Canal, where the road runs two lanes through hammock and old grove land. The gate is set back from Tropical Trail and the lane inside is short and shaded.
From the gate, North Courtenay Parkway is a few minutes east for groceries and everyday shopping, State Road 528 is the fast route to Port Canaveral, Cocoa Beach and Orlando, and Kennedy Space Center is a straight run north on State Road 3. Cocoa Village is across the Indian River to the west, and Orlando International Airport is about forty five minutes out on the Beachline.
Near Treasure Lagoon In Merritt Island
Considering Treasure Lagoon?
My partner Nichole and I know this stretch of North Tropical Trail well, and we can get you through the gate, down to the community ramp and pier, and through the association documents so you understand exactly what the shared assets are and who pays to keep them up. Call or text (321) 212-7676 and we will set up a look.
