5079 Highway 1, Grant-Valkaria, FL 32949 (MLS# 1077538)

5079 Highway 1, Grant-Valkaria, FL 32949

New Listing
$1,499,982
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 3,503 Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $1,499,982 List Date: 5/16/2026 Last Modified: 5/16/2026

Description

Tucked away along the serene waterfront of Grant-Valkaria, this exceptional property offers 55 feet of direct frontage on the Indian River, creating a setting that feels both private and expansive. Situated on a generous lot, the outdoor living experience is nothing short of extraordinary--complete with a gas heated salt water pool, an oversized pergola with summer kitchen, and a private dock with boat lift for effortless days on the water. Adding to its rarity, the owner has thoughtfully created a true sandy beach along the shoreline, offering a unique feature seldom found on the river. From sunrise mornings with coffee on the dock to afternoons spent paddleboarding or boating to nearby waterfront dining, this property captures the essence of Florida coastal living. With quick access to the inlet, enjoy offshore fishing, sandbar weekends, and endless days on the water right from your backyard. Inside, the home has been beautifully updated with a clean, coastal-modern design.

Supplements: Natural light fills the open living spaces, while water views follow you from room to room. The flexible floor plan includes four bedrooms along with a spacious first-floor retreat featuring its own living area, dining space, and bedroom--ideal for guests, extended family, or multi-generational living. Whether you're searching for a full-time residence or a private waterfront escape, this home delivers a lifestyle that is both relaxed and refined in one of the Space Coast's most peaceful and sought-after settings. Adding to its rarity, this property features flexible mixed-use commercial/residential zoning, offering possibilities beyond traditional waterfront ownership. Whether you envision generating short-term vacation rental income, creating a live/work environment, establishing a business presence, or exploring future waterfront enhancements, this property presents exceptional lifestyle and investment potential. All uses, improvements, and development opportunities are subject to county, environmental, zoning, and permitting approvals.

More Information MLS# 1077538

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Tax Account: 2956885 Parcel Number: 29-38-28-25-0000b.0-0038.00 General County Location: South Elementary School: Sunrise Middle School: Stone High School: Bayside Tax Annual Amount: 6978.59 Tax Year: 2025 Tax Legal Description: JORGENSONS PLAT OF GRANT S 50 FT OF LOT 38 EX HWY BLK B Directions: On US1 in Grant. (about 0.4 mile North of The Old Fish House Restaurant)

General Property Information

Bathrooms Half: 0 Living Area: 3193 Living Area Source: Public Records Building Area Total: 3503 Lot Size Acres: 0.38 Lot Size Square Feet: 16553 Accessibility Features YN: No Association YN: No New Construction YN: No Garage YN: No Carport YN: No Waterfront YN: Yes Water Body Name: Indian River Water Frontage Feet: 55 Senior Community YN: No CDD Fee YN: No Community Fee(s) YN: No Water Body Access YN: Yes Furnished: Unfurnished Stories: 2 Entry Level: 1 Direction Faces: East Pool Private YN: Yes List Price/SqFt: 469.77 Bedrooms Total: 4 Bathrooms Total: 4 Bathrooms Full: 4 Year Built: 1972

Remarks and Miscellaneous

Public Remarks: Tucked away along the serene waterfront of Grant-Valkaria, this exceptional property offers 55 feet of direct frontage on the Indian River, creating a setting that feels both private and expansive. Situated on a generous lot, the outdoor living experience is nothing short of extraordinary--complete with a gas heated salt water pool, an oversized pergola with summer kitchen, and a private dock with boat lift for effortless days on the water. Adding to its rarity, the owner has thoughtfully created a true sandy beach along the shoreline, offering a unique feature seldom found on the river. From sunrise mornings with coffee on the dock to afternoons spent paddleboarding or boating to nearby waterfront dining, this property captures the essence of Florida coastal living. With quick access to the inlet, enjoy offshore fishing, sandbar weekends, and endless days on the water right from your backyard. Inside, the home has been beautifully updated with a clean, coastal-modern design.

Appliances

Convection Oven: 1 Dishwasher: 1 Gas Cooktop: 1 Microwave: 1 Water Softener Owned: 1

Architectural Style

Ranch: 1 Traditional: 1

Closing Company Details

Closing Company Name: Cornish & Johnson Legal Group PA tracy@cjlegalgroup.com (321) 425-5997 Closing Company Address: 1165 N Hwy A1A Indialantic FL 32903

Construction Materials

Block: 1 Concrete: 1 Frame: 1

Cooling

Central Air: 1

Current Use

Residential: 1 Single Family: 1

Exterior Features

Boat Lift: 1 Boat Slip: 1 Dock: 1 Outdoor Kitchen: 1

Fireplace Features

Fireplaces Total: 1

Flooring

Tile: 1 Wood: 1 Other: 1

Heating

Central: 1

Interior Features

Breakfast Bar: 1 Ceiling Fan(s): 1 Entrance Foyer: 1 Guest Suite: 1 In-Law Floorplan: 1 Pantry: 1 Primary Bathroom -Tub with Separate Shower: 1 Walk-In Closet(s): 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Legal Details

Permission Granted to Advertise: No

Levels

Multi/Split: 1

Listing Terms

Cash: 1 Conventional: 1 VA Loan: 1

Lot Features

Other: 1

Other Structures

Gazebo: 1 Outdoor Kitchen: 1

Parking Features

Secured: 1

Patio And Porch Features

Covered: 1 Front Porch: 1 Porch: 1 Rear Porch: 1 Screened: 1

Pets Allowed

Yes: 1

Pool Features

Gas Heat: 1 Salt Water: 1

Possession

Close Of Escrow: 1

Water Body Access Type

Navigable: 1

Road Frontage Type

County Road: 1

Road Surface Type

Asphalt: 1

Roof

Metal: 1

Sewer

Septic Tank: 1

Spa Features

Above Ground: 1 Heated: 1 In Ground: 1 Private: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Connected: 1 Electricity Connected: 1

View

Beach: 1 Intracoastal: 1 Pool: 1 River: 1 Water: 1

Water Source

Well: 1

Waterfront Features

Intracoastal: 1 Navigable Water: 1 No Fixed Bridges: 1 River Front: 1

Showing Requirements

Lockbox: 1 Showing Service: 1

Property Condition

Updated/Remodeled: 1

Rental Restrictions

No Minimum: 1

Room Types

Bedroom 2: 1 Bedroom 2 Level: Second Bedroom 3: 1 Bedroom 3 Level: Second Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Primary Bedroom: 1 Primary Bedroom Level: Second Other Room: 1 Other Room Level: Main

Contract Information

Current Price: $1,499,982 Original List Price: 1499982 List Price: $1,499,982 Status: Active Listing Contract Date: 2026-05-16 Property Sub Type: Single Family Residence

Location Tax and Legal

Street Number: 5079 Street Name: Highway 1 County: Brevard State: FL Postal Code: 32949 MLS Area Major: 342 - Malabar/Grant-Valkaria Subdivision Name: Jorgensons Plat of Grant

Status Change Information

Major Change Timestamp: 2026-05-16T18:35:46Z Major Change Type: New Listing Status Change Timestamp: 2026-05-16

Property Features

Appliances: Convection Oven; Dishwasher; Gas Cooktop; Microwave; Water Softener Owned Architectural Style: Ranch; Traditional Construction Materials: Block; Concrete; Frame Cooling: Central Air Current Use: Residential; Single Family Exterior Features: Boat Lift; Boat Slip; Dock; Outdoor Kitchen Flooring: Tile; Wood; Other Heating: Central Interior Features: Breakfast Bar; Ceiling Fan(s); Entrance Foyer; Guest Suite; In-Law Floorplan; Pantry; Primary Bathroom -Tub with Separate Shower; Walk-In Closet(s) Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Multi/Split Listing Terms: Cash; Conventional; VA Loan Lot Features: Other Other Structures: Gazebo; Outdoor Kitchen Parking Features: Secured Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Screened Pets Allowed: Yes Pool Features: Gas Heat; Salt Water Possession: Close Of Escrow Water Body Access Type: Navigable Property Condition: Updated/Remodeled Rental Restrictions: No Minimum Road Frontage Type: County Road Road Surface Type: Asphalt Roof: Metal Sewer: Septic Tank Showing Requirements: Lockbox; Showing Service Spa Features: Above Ground; Heated; In Ground; Private Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected View: Beach; Intracoastal; Pool; River; Water Water Source: Well Waterfront Features: Intracoastal; Navigable Water; No Fixed Bridges; River Front Room Types: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom; Other Room

Room Information

Living Room Level: Main Length: 20.58 Length: 20.58 Width: 24.83 Width: 24.83 Kitchen Level: Main Length: 11.75 Length: 11.75 Width: 14.33 Width: 14.33 Other Level: Main Length: 11.75 Length: 11.75 Width: 11.75 Width: 11.75 Remarks: Breakfast Nook Other Level: Main Length: 32.75 Length: 32.75 Width: 12.17 Width: 12.17 Remarks: Screened Patio Primary Bedroom Level: Second Length: 13.75 Length: 13.75 Width: 24.08 Width: 24.08 Bedroom 2 Level: Second Length: 14.17 Length: 14.17 Width: 21.50 Width: 21.50 Bedroom 3 Level: Second Length: 11.58 Length: 11.58 Width: 12.90 Width: 12.90
Listing Office: Engel&Voelkers Melb Beachside
Last Updated: May - 16 - 2026
Information is deemed to be reliable, but is not guaranteed.

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