268 Lanternback Island Drive, Satellite Beach, FL 32937

$1,400,000

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Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,930 Lot Size (sq. ft.): 16,553 Status: Closed

Current Price: $1,400,000 List Date: 11/24/2024 Last Modified: 8/20/2026

Overview

Description

72-HR. KICK-OUT CLAUSE! Magnificent GRAND CANAL home w/ unparalleled direct river access & no bridge restrictions. Water depths up to 20 ft. from recent dredging! Home features a 2018 tile roof, newer A/C units & lush landscaping w/mature mango trees. Enjoy a screened, heated pool/spa overlooking the canal, plus a separate outdoor entertaining area. Highlights include a covered dock, new 12k lb. boat lift, high ceilings, a wet bar, & a quartz island kitchen w/stainless-steel Viking appliances & double oven. The gas fireplace adds warmth & the oversized 2-car garage offers ample storage. The 2nd floor is a private primary suite w/an updated bath & a sunset-view balcony. 2 bdrms share a Jack n' Jill bath w/pool access & a 4th bedroom is perfect for guests or an office. Enjoy the added privacy of a beautiful pond & large grassy knoll across the street. Great schools, tasty restaurants, and the Atlantic Ocean all nearby! Owner willing to consider pets w/non-refundable deposit.

Listing Details MLS# 1015028

General Property Information

Bedrooms Total: 4
Bathrooms Total: 4
Accessory Dwelling Unit Y/N: No
Bathrooms Full: 3
Bathrooms Half: Yes
Living Area: 3312
Living Area Source: Public Records
Building Area Total: 3930
Accessibility Features YN: No
New Construction YN: No
Year Built: 1989
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.38
Lot Size Square Feet: 16553
Land Lease YN: No
Association YN: Yes
Association Fee: 318
Association Fee Frequency: Monthly
Association Name: Tortoise Island HOA
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Canal Navigational to Banana River
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Direction Faces: South
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 452.87
Sold Price/SqFt: 422.71

Property Features

Appliances: Dishwasher; Disposal; Double Oven; Dryer; Electric Oven; Freezer; Gas Range; Gas Water Heater; Microwave; Refrigerator; Washer; Wine Cooler Association Amenities: Boat Dock; Boat Launch; Clubhouse; Community Pool; Fitness Center; Gated; Playground; Sauna; Tennis Court(s) Association Fee Includes: Maintenance Grounds; Security; Other Construction Materials: Frame; Stucco Cooling: Central Air; Electric Current Use: Residential; Single Family Exterior Features: Balcony; Boat Lift; Dock Fireplace Features: Gas Flooring: Tile; Vinyl Heating: Central; Electric Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); His and Hers Closets; Jack and Jill Bath; Kitchen Island; Open Floorplan; Smart Thermostat; Split Bedrooms; Walk-In Closet(s); Wet Bar Laundry Features: Electric Dryer Hookup; Lower Level; Washer Hookup Levels: Two Listing Terms: Cash; Conventional; VA Loan Lot Features: Few Trees Parking Features: Attached; Garage; Garage Door Opener Patio And Porch Features: Screened Pets Allowed: Cats OK; Dogs OK; Yes Pool Features: Gas Heat; Heated; In Ground; Screen Enclosure; Waterfall Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Frontage Type: Private Road Road Surface Type: Paved Roof: Tile Security Features: Gated with Guard; Security Gate Sewer: Public Sewer Showing Requirements: Appointment Only; Lockbox Smart Home Features: Programmable Thermostat Spa Features: Heated; Private Special Listing Conditions: Standard Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected View: Canal; Water Water Source: Public Waterfront Features: Canal Front Showing Considerations: Occupied

Contract Information

Original List Price: 1499900
Listing Contract Date: 2024-05-23
Start Showing Date: 2024-05-30
Property Sub Type: Single Family Residence
Comp Sale YN: No

Location Tax and Legal

Street Number: 268
Street Name: Lanternback Island
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Tortoise Island Ph 4 PUD

Remarks and Miscellaneous

Public Remarks: 72-HR. KICK-OUT CLAUSE! Magnificent GRAND CANAL home w/ unparalleled direct river access & no bridge restrictions. Water depths up to 20 ft. from recent dredging! Home features a 2018 tile roof, newer A/C units & lush landscaping w/mature mango trees. Enjoy a screened, heated pool/spa overlooking the canal, plus a separate outdoor entertaining area. Highlights include a covered dock, new 12k lb. boat lift, high ceilings, a wet bar, & a quartz island kitchen w/stainless-steel Viking appliances & double oven. The gas fireplace adds warmth & the oversized 2-car garage offers ample storage. The 2nd floor is a private primary suite w/an updated bath & a sunset-view balcony. 2 bdrms share a Jack n' Jill bath w/pool access & a 4th bedroom is perfect for guests or an office. Enjoy the added privacy of a beautiful pond & large grassy knoll across the street. Great schools, tasty restaurants, and the Atlantic Ocean all nearby! Owner willing to consider pets w/non-refundable deposit.

Status Change Information

Major Change Timestamp: 2024-12-16T19:41:00Z
Major Change Type: Status Change
Status Change Timestamp: 2024-12-16
Purchase Contract Date: 2024-10-11
Close Date: 2024-12-16
Close Price: 1400000

More Information

Closing Company Details

Closing Company Name: The Title Station
Closing Company Address: 3200 N Wickham Rd #7, Melbourne, FL 32935

DPR Eligible

DPR Eligible: No

Fireplace Features

Fireplaces Total: Yes
Gas: Yes

Legal Details

Permission Granted to Advertise: No

Showing Requirements

Gated: Community
Appointment Only: Yes
Lockbox: Yes

Location, Tax, and Legal

Tax Account: 2606889
Parcel Number: 26-37-22-80-00007.0-0030.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 9079.96
Tax Year: 2023
Tax Legal Description: TORTOISE ISLAND PH 4 P.U.D. LOT 30 BLK 7
Directions: A1A N/S to Shearwater Pkway Turn right onto S Patrick Dr. 0.1mi Turn left onto Tortoise Drive Turn right onto Hawksbill Island Dr. Turn left to stay on Hawksbill Island Dr. Turn right onto Lanternback Island Dr. Destination will be on the left

Appliances

Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Dryer: Yes
Electric Oven: Yes
Freezer: Yes
Gas Range: Yes
Gas Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Wine Cooler: Yes

Association Amenities

Boat Dock: Yes
Boat Launch: Yes
Clubhouse: Yes
Community Pool: Yes
Fitness Center: Yes
Gated: Yes
Playground: Yes
Sauna: Yes
Tennis Court(s): Yes

Association Fee Includes

Maintenance Grounds: Yes
Security: Yes
Other: Yes

Construction Materials

Frame: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Residential: Yes
Single Family: Yes

Exterior Features

Balcony: Yes
Boat Lift: Yes
Dock: Yes

Flooring

Tile: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Breakfast Nook: Yes
Ceiling Fan(s): Yes
His and Hers Closets: Yes
Jack and Jill Bath: Yes
Kitchen Island: Yes
Open Floorplan: Yes
Smart Thermostat: Yes
Split Bedrooms: Yes
Walk-In Closet(s): Yes
Wet Bar: Yes

Laundry Features

Electric Dryer Hookup: Yes
Lower Level: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Lot Features

Few Trees: Yes

Parking Features

Attached: Yes
Garage: Yes
Garage Door Opener: Yes

Patio And Porch Features

Screened: Yes

Pets Allowed

Cats OK: Yes
Dogs OK: Yes
Yes: Yes

Pool Features

Gas Heat: Yes
Heated: Yes
In Ground: Yes
Screen Enclosure: Yes
Waterfall: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Private Road: Yes

Road Surface Type

Paved: Yes

Roof

Tile: Yes

Security Features

Gated with Guard: Yes
Security Gate: Yes

Sewer

Public Sewer: Yes

Spa Features

Heated: Yes
Private: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Canal: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes

Showing Considerations

Occupied: Yes

Smart Home Features

Programmable Thermostat: Yes

Property Condition

Updated/Remodeled: Yes

Listing Office: Compass Florida, LLC

Last Updated: August - 20 - 2026

Information is deemed to be reliable, but is not guaranteed.