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

Legal Details

Permission Granted to Advertise: No

Showing Requirements

Gated: Community

Listing Office: Compass Florida, LLC

Last Updated: August - 20 - 2026

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