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

Listing Office: One Sotheby's International

Last Updated: August - 20 - 2026

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