489 Lanternback Island Drive, Satellite Beach, FL 32937

$1,450,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1051475

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,004 Lot Size (sq. ft.): 13,939 Status: Closed

Current Price: $1,450,000 List Date: 7/11/2025 Last Modified: 8/20/2026

Overview

Description

You've finally found the lifestyle you deserve! The interior on this regal, waterfront home has just recently been completely and lovingly renovated with luxury in mind as well as a clean, modern aesthetic. High end kitchen appliances, large format porcelain tile throughout the main level, an abundance of natural light, 3 car garage and a spacious, screened pool lanai are just a couple highlights. Nestled in coveted, amenity rich Tortoise Island, close to beautiful beaches and all the various employment, dining and shopping options the Melbourne area has on offer. The navigable canal right in your backyard takes you to open water via the Grand Canal for a lifetime of boating adventure memories. The home's original 5th bedroom is now a dream closet for the lady of the house, but could easily be converted back to a bedroom, if desired. Roof replaced in 2018. Call today on this special opportunity !

Listing Details MLS# 1051475

General Property Information

Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 3
Bathrooms Half: Yes
Living Area: 3238
Living Area Source: Plans
Building Area Total: 4004
Accessibility Features YN: No
New Construction YN: No
Year Built: 1988
Garage YN: Yes
Garage Spaces: 3
Carport YN: No
Lot Size Acres: 0.32
Lot Size Square Feet: 13939
Association YN: Yes
Association Fee: 388
Association Fee Frequency: Monthly
Association Name: Tortoise Island HOA
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Waterfront YN: Yes
Water Body Name: Grand Canal
Water Frontage Feet: 104
Furnished: Unfurnished
Stories: 2
Entry Level: Yes
Direction Faces: West
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 447.81
Sold Price/SqFt: 447.81

Property Features

Appliances: Dishwasher; Disposal; Electric Oven; Induction Cooktop; Microwave; Refrigerator Association Amenities: Basketball Court; Boat Launch; Clubhouse; Community Pool; Fitness Center; Gated; Maintenance Grounds; Management - Full Time; Pickleball; Playground; Sauna; Security; Tennis Court(s) Association Fee Includes: Security; Other Construction Materials: Frame; Stucco Cooling: Central Air; Electric Current Use: Residential; Single Family Exterior Features: Balcony; Boat Lift; Boat Slip; Dock; Storm Shutters Fireplace Features: Wood Burning Flooring: Carpet; Tile Heating: Central; Electric Interior Features: Breakfast Bar; Built-in Features; Central Vacuum; His and Hers Closets; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Sprinklers In Front; Sprinklers In Rear; Other Parking Features: Attached; Garage Patio And Porch Features: Deck; Front Porch; Patio; Screened Pets Allowed: Yes Pool Features: In Ground; Screen Enclosure Possession: Close Of Escrow Water Body Access Type: Navigable; Owned Property Condition: Updated/Remodeled Rental Restrictions: 6 Months Road Frontage Type: Private Road Road Surface Type: Asphalt Roof: Shingle Security Features: 24 Hour Security; Gated with Guard; Security Gate Sewer: Public Sewer Showing Requirements: Appointment Only; Showing Service Smart Home Features: Dishwasher; Irrigation; Lighting; Programmable Thermostat; Refrigerator; Shade Control; Stove Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected View: Canal; Pool; Water Water Source: Public Waterfront Features: Canal Front; Navigable Water; River Access Showing Considerations: Occupied Community Features: Gated

Contract Information

Original List Price: 1450000
Listing Contract Date: 2025-07-09
Property Sub Type: Single Family Residence
Comp Sale YN: No

Location Tax and Legal

Street Number: 489
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 3 Unit 2 PUD

Remarks and Miscellaneous

Public Remarks: You've finally found the lifestyle you deserve! The interior on this regal, waterfront home has just recently been completely and lovingly renovated with luxury in mind as well as a clean, modern aesthetic. High end kitchen appliances, large format porcelain tile throughout the main level, an abundance of natural light, 3 car garage and a spacious, screened pool lanai are just a couple highlights. Nestled in coveted, amenity rich Tortoise Island, close to beautiful beaches and all the various employment, dining and shopping options the Melbourne area has on offer. The navigable canal right in your backyard takes you to open water via the Grand Canal for a lifetime of boating adventure memories. The home's original 5th bedroom is now a dream closet for the lady of the house, but could easily be converted back to a bedroom, if desired. Roof replaced in 2018. Call today on this special opportunity !

Status Change Information

Major Change Timestamp: 2025-08-22T17:12:35Z
Major Change Type: Status Change
Status Change Timestamp: 2025-08-22
Purchase Contract Date: 2025-07-13
Close Date: 2025-08-22
Close Price: 1450000

More Information

Closing Company Details

Closing Company Name: State Title Partners
Closing Company Address: 300 W Fee Ave. Melbourne 32901 -

DPR Eligible

DPR Eligible: No

Legal Details

Permission Granted to Advertise: Yes

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Tax Account: 2609022
Parcel Number: 26-37-27-Nf-00002.0-0002.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 6271.93
Tax Year: 2023
Directions: S. Patrick Dr to Tortoise Dr. Go through guard gate and over drawbridge. Right on Hawksbill Island Dr. then right on Lanternback Island Dr. to 489.

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Oven: Yes
Induction Cooktop: Yes
Microwave: Yes
Refrigerator: Yes

Association Amenities

Basketball Court: Yes
Boat Launch: Yes
Clubhouse: Yes
Community Pool: Yes
Fitness Center: Yes
Gated: Yes
Maintenance Grounds: Yes
Management - Full Time: Yes
Pickleball: Yes
Playground: Yes
Sauna: Yes
Security: Yes
Tennis Court(s): Yes

Association Fee Includes

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
Boat Slip: Yes
Dock: Yes
Storm Shutters: Yes

Fireplace Features

Wood Burning: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Breakfast Bar: Yes
Built-in Features: Yes
Central Vacuum: Yes
His and Hers Closets: Yes
Open Floorplan: Yes
Primary Bathroom -Tub with Separate Shower: Yes
Primary Downstairs: Yes
Split Bedrooms: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet(s): Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Sprinklers In Front: Yes
Sprinklers In Rear: Yes
Other: Yes

Parking Features

Attached: Yes
Garage: Yes

Patio And Porch Features

Deck: Yes
Front Porch: Yes
Patio: Yes
Screened: Yes

Pets Allowed

Yes: Yes

Pool Features

In Ground: Yes
Screen Enclosure: Yes

Possession

Close Of Escrow: Yes

Water Body Access Type

Navigable: Yes
Owned: Yes

Road Frontage Type

Private Road: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Security Features

24 Hour Security: Yes
Gated with Guard: Yes
Security Gate: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Canal: Yes
Pool: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Canal Front: Yes
Navigable Water: Yes
River Access: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Showing Considerations

Occupied: Yes

Smart Home Features

Dishwasher: Yes
Irrigation: Yes
Lighting: Yes
Programmable Thermostat: Yes
Refrigerator: Yes
Shade Control: Yes
Stove: Yes

Property Condition

Updated/Remodeled: Yes

Rental Restrictions

6 Months: Yes

Community Features

Gated: Yes

Listing Office: One Sotheby's International

Last Updated: August - 20 - 2026

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