Fellsmere Real Estate & Homes for Sale

Your next move in Fellsmere deserves a better strategy: buy, sell or invest with the numbers in front of you.

Fellsmere is a small city in western Indian River County, west of Sebastian and Interstate 95, where most homes for sale sit on tracts of about five acres with ponds, pasture and barns, a few minutes from the interstate and a short drive from the Indian River Lagoon.

Fellsmere Market at a Glance

Updated October 30, 2026 from BeachesMLS.

Newest Fellsmere Homes for Sale

The 5 newest homes, condos and townhomes on the market in Fellsmere, straight from BeachesMLS. The 5 listings on this page run from $575,000 to $1,725,000, with a median of $835,000, about $340 per square foot, and they have been listed a median of 34 days.

  • The community with the most listings here is Fellsmere Farms Co S D of Unsurveyed Twp 31 Rng 37 (4), 4 of the 5; the others are spread across 1 more community.
  • All of them are single-family homes.
  • Bedrooms run from 2 to 4, a median of 3; they were built between 1981 and 2027, a median of 2007, and 2 in the last ten years.
  • 3 of the 5 have a pool, and 4 are on the water.

See every Fellsmere home for sale with map and filters.

Single-family homesCondos & townhomes
Active listings60
Median list price$760,000—
Median list price per sq ft$334/sq ft—
Average days on market77 days—
Sold in the last 90 days10
Median sold price (90 days)$905,000—
Sale price as % of list price91%—
Months of inventory18 months—
Median sold price vs. a year ago+223.2%—

Source: BeachesMLS. Active listings as of October 30, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Own a Fellsmere Home?

Your Fellsmere buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Find out what your home is worth and whether it fits what one of them has asked us to find, before you list anywhere.

  • A value range built from comparable Fellsmere sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing

Find Out If We Have Your Buyer · Explore My Selling Options

Living in Fellsmere

Fellsmere is a small city in western Indian River County, about a quarter of an hour west of Sebastian along County Road 512, with Interstate 95 a few minutes east and farmland, citrus groves and the marshes of the upper St. Johns River to the west. It grew as a farming town on land laid out by the Fellsmere Farms Company early in the twentieth century, and its older center around Broadway Street keeps small lots, older houses and a few local businesses. Each year the city hosts the Fellsmere Frog Leg Festival, which draws visitors from across the Treasure Coast. Recent listings name Fellsmere Elementary or Treasure Coast Elementary, Sebastian River Middle and Sebastian River High. Sebastian, the Indian River Lagoon and the beaches on the barrier island are a short drive east, Vero Beach is about half an hour south, and Melbourne Orlando International Airport is roughly forty minutes north.

Five Acre Tracts, Barns and Pasture

Most homes for sale under a Fellsmere address sit on the tracts of the Fellsmere Farms Company plat, a grid of numbered streets and avenues laid out for farming, where a typical parcel runs to about five acres. The houses on them range from older frame and block farmhouses to newer concrete block homes with three and four car garages, and the land is the point: fenced pasture, barns and pole barns, workshops with roll up doors, fruit trees and, on many tracts, a pond fed by a flowing well. Agricultural zoning on many of these parcels allows uses a suburban lot never would, from animals to a large outbuilding, subject to the city or county code. For every tract we check the survey and the boundaries, the zoning, the flood zone, which is often split between a special flood hazard zone and a lower risk zone, the well and septic records, and any easements for drainage or access.

Ponds, Lakes and the Marsh

Waterfront in Fellsmere means fresh water. Many tracts have a private pond or a small lake, and the MLS marks those homes waterfront, so the waterfront page here holds pond and lake homes rather than boat docks; none of them reach the ocean by boat. A pond adds a view, birds and water for gardens and animals, and some are fed by flowing wells that keep the level up through the dry months. West of the city, the Stick Marsh and the marshes of the upper St. Johns River draw anglers for largemouth bass, and the St. Sebastian River Preserve State Park is close by. On a pond or lake lot, check the bank and its slope, the depth, any permit for digging or enlarging the water, who owns a lake shared with a neighbor, and how the low ground behaves in a wet summer.

Neighborhoods

Fellsmere has no neighborhood pages of its own, because nearly every listing sits in the same farm plat, and buyers think of it in three parts instead. The older city center around Broadway Street holds small lots, older houses and parcels zoned for town uses. The Fellsmere Farms tracts on the numbered streets and avenues around the center and out toward Interstate 95 hold the houses on five acres with ponds, barns and pasture. Along County Road 512 near the interstate, parcels are zoned for industry and commerce. The acreage, waterfront, lakefront, pool, new construction and luxury pages below show what is for sale in Fellsmere today, and the land search linked below lists the vacant tracts.

Selling a Home in Fellsmere

Your buyer may already be working with BreakThru Realty. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker checks your Fellsmere property against the requirements those buyers have given us, such as acreage, room for animals or a workshop, a pond, no association, a short drive to Interstate 95 or a budget below the coast, and reaches out to the buyers it fits. Your property may be the one a buyer is waiting to find. If no buyer on file fits, the plan reaches the rest of the market: the MLS listing that reaches cooperating agents, photographs and video that show the whole tract and not just the house, and a price set from matched closed sales of acreage homes in Fellsmere and around Sebastian and Vero Beach. Then the strategy follows your objectives, including whether a separate parcel should be sold on its own. Request Your Property Valuation for a first number, See If We Already Have Your Buyer, ask for a full comparative market analysis before you list, or ask about a cash offer for a fast, as is sale.

Investing in Fellsmere

Investors look at Fellsmere for land more than for rent. Tracts of about five acres with agricultural zoning are bought to build a house, to hold, or to divide where the code allows; parcels on County Road 512 near Interstate 95 are zoned for industrial and commercial use, and some listings offer owner financing on them; and new houses are built on vacant tracts and sold. Rentals rarely appear in the MLS here, so rental income is something to confirm rather than count on. Each plan turns on the zoning and land use, the flood zone, the well and septic or a connection to public lines, and the road access. Get Your Investment Property Analysis and we set the land sales, the building costs and the resale evidence beside your plan before you offer.

Search Fellsmere by Lifestyle & Property Type

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Fellsmere Real Estate by Price Range

Fellsmere homes for sale from $390K to $400K

Fellsmere homes for sale from $400K to $500K

Fellsmere homes for sale from $500K to $600K

Fellsmere homes for sale from $600K to $700K

Fellsmere homes for sale from $700K to $800K

Fellsmere homes for sale from $800K to $900K

Fellsmere homes for sale from $900K to $1M

Fellsmere homes for sale from $1M to $5M

Fellsmere homes for sale from $5M to $10M

Fellsmere homes for sale from $10M to $15M

Fellsmere homes for sale from $15M to $20M

Fellsmere homes for sale from $20M to $25M

Fellsmere homes for sale from $25M to $30M

Fellsmere homes for sale from $30M to $35M

Fellsmere homes for sale from $35M to $40M

Fellsmere homes for sale from $40M to $45M

Fellsmere homes for sale from $45M to $50M

Fellsmere homes for sale from $50M to $55M

Fellsmere homes for sale from $55M to $60M

Fellsmere homes for sale from $60M to $65M

Fellsmere homes for sale from $65M to $70M

Fellsmere homes for sale from $70M to $75M

Fellsmere homes for sale from $75M to $80M

Fellsmere homes for sale from $80M to $85M

Fellsmere homes for sale from $85M to $90M

Fellsmere homes for sale from $90M to $95M

Fellsmere homes for sale from $95M to $100M

Fellsmere homes for sale $100M and up

Fellsmere Luxury Homes With Price Reductions

Every home and condo in Fellsmere from $1 million whose asking price is below its original list price, with the previous price, the cut and the date it changed, and price drop alerts for Fellsmere.

Selling in Fellsmere

Buying in Fellsmere From Outside Florida

Fellsmere Rentals

Fellsmere Real Estate FAQ

Where is Fellsmere, Florida?
Fellsmere is a small city in western Indian River County, west of Sebastian and Interstate 95 on County Road 512. The marshes of the upper St. Johns River lie to the west, Sebastian and the Indian River Lagoon are a short drive east, Vero Beach is about half an hour south, and Melbourne Orlando International Airport is roughly forty minutes north.
Is every Fellsmere address inside the City of Fellsmere?
No. The Fellsmere mailing address, ZIP 32948, covers the city and a wide area of the Fellsmere Farms tracts around it, and some of those tracts lie in unincorporated Indian River County. The city or the county sets the zoning, the permits and the property tax rate, so we confirm the municipality on the property appraiser's record before you compare prices or plan a barn, a pool or a second structure.
How much does a home in Fellsmere cost?
Prices in Fellsmere follow the land and the house together. An older farmhouse on five acres that needs work, a newer concrete block pool home on its tract and a large new house with a lake view are three different markets, and so few sell that one closing moves the figures. The market table on this page refreshes daily from the MLS, and we read it with matched acreage sales around Sebastian and Vero Beach before we give you a number.
Can I keep horses or livestock on a Fellsmere property?
Often, depending on the parcel's zoning. Many Fellsmere Farms tracts carry agricultural zoning, and recent listings show fenced pasture, barns, stalls and shelters, but the number of animals allowed, the setbacks for barns and the rules on drainage follow the city or county code for that parcel. Ask for the zoning, confirm it with the city or the county, and check the well capacity and the fencing before you plan around animals.
Do Fellsmere homes use wells and septic systems?
Most rural Fellsmere homes do. The houses on the Fellsmere Farms tracts usually draw water from a private well, sometimes a flowing well, and treat it with a septic system, while some parcels closer to the city center and County Road 512 report public water and sewer. Ask for a well water test, a septic inspection and the permits, and check the water quality, because iron and sulfur are common in Florida well water.
What is my Fellsmere home worth?
Your Fellsmere home is worth what buyers have paid for properties that truly match it: similar acreage, a comparable house, a pond or not, barns and workshops, the condition of the well and septic, and the flood zone. Because few sales close in Fellsmere, we compare with matched acreage sales around Sebastian, Vero Beach and the west county as well. Request Your Property Valuation for a first number, a full comparative market analysis when you are ready to list, and a cash offer if a fast, as is sale suits you better.
Do you already have buyers looking for homes in Fellsmere?
BreakThru Realty works with hundreds of prequalified buyers searching for properties. We keep each buyer's requirements on file: the neighborhoods, the price range, the property type and the features they are waiting for. Whether one of them fits your home is something a licensed broker checks for your property specifically, before the call. Your home may be the one a buyer is waiting to find; we confirm it before we call it a match, and a potential match is a conversation, not an offer.

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