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Pending
  • $6,985,000

    1521 Gracewood Ln, Vero Beach, FL 32963

    4beds
    5,197sqft
    : 
    $46,054/mo
    Get pre-qualified
    Single Family Residence
    Built in 2025
    0.52 Acres Lot
    $-- Zestimate®
    $1,344/sqft
    $250/mo HOA

    What's special

    Outdoor fireplaceSophisticated finishesFully equipped summer kitchenExpansive outdoor barLush tropical landscape
    1521 Gracewood Lane East of A1A Newly completed luxury residence defined by exceptional construction quality, sophisticated finishes, and seamless indoor-outdoor living — all within a premier coastal setting with deeded beach access. Nestled in a lush tropical landscape, this spectacular property is located within an intimate gated enclave of just 15 homes. Extraordinary outdoor living..featuring a stunning 28’ x 48’ pool and spa, expansive outdoor bar, poolside cabana with full bath, outdoor fireplace, and a fully equipped summer kitchen. A truly unparalleled coastal lifestyle experience.
    85 days
    |
    283
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael T Merrill 561-427-3958,

    Douglas Elliman Florida LLC

    Source: Realtor Association of Indian River County,MLS#: 297593MLS LogoOriginating MLS: Indian River

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Bedroom
      • Dimensions: 18x15
      Bedroom
      • Dimensions: 19x18
      Bedroom
      • Dimensions: 17x14
      Bedroom
      • Dimensions: 14x23
      Den
      • Dimensions: 11x10
      Family room
      • Dimensions: 20x16
      Kitchen
      • Dimensions: 21x17
      Living room
      • Dimensions: 29x19
      Loft
      • Dimensions: 18x13
      Heating
      • Central
      Cooling
      • Central Air, 3+ Units
      Appliances
      • Included: Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
      • Laundry: In Unit
      Features
      • Crown Molding, Elevator, High Ceilings, Kitchen Island, Primary Downstairs
      • Flooring: Wood
      • Doors: Sliding Doors
      • Windows: None
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 5,197 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Three Car Garage, Three or more Spaces
      • Garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio, Porch
      • Exterior features: Balcony, Porch, Patio
      • Has private pool: Yes
      • Pool features: Pool, Private
      • Has view: Yes
      • View description: Garden, Pool
      • Waterfront features: None, Beach Access
      Lot
      • Size: 0.52 Acres
      • Dimensions: 115 x 197
      • Features: 1/2 to 1 Acre Lot
      Details
      • Additional structures: Cabana
      • Parcel number: 33401600022000000006.0
      • Zoning: ,
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Gracewood Lane
      HOA
      • Has HOA: Yes
      • Amenities included: Dues Paid Annually
      • Services included: Common Areas
      • HOA fee: $250 monthly
      • HOA name: Gracewood Lane HOA
      Location
      • Region: Vero Beach

      Financial & listing details

      • Price per square foot: $1,344/sqft
      • Tax assessed value: $581,613
      • Annual tax amount: $8,171
      • Date on market: 5/22/2026
      • Listing terms: Cash,New Loan
      • Ownership: Single Family/Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Pending sale$6,985,000$1,344/sqft
        Source: Douglas Elliman #297593 Report a problem
        7/27/2026Contingent$6,985,000$1,344/sqft
        Source: Realtor Association of Indian River County #297593 Report a problem
        5/26/2026Listed for sale$6,985,000+437.3%$1,344/sqft
        Source: Realtor Association of Indian River County #297593 Report a problem
        8/30/2023Sold$1,300,000-4.4%$250/sqft
        Source: Realtor Association of Indian River County #269461 Report a problem
        7/26/2023Contingent$1,360,000$262/sqft
        Source: Realtor Association of Indian River County #269461 Report a problem
        6/21/2023Listed for sale$1,360,000+209.1%$262/sqft
        Source: Realtor Association of Indian River County #269461 Report a problem
        6/7/2010Sold$440,000+66%$85/sqft
        Source: Public Record Report a problem
        5/9/2002Sold$265,000+63.1%$51/sqft
        Source: Public Record Report a problem
        2/2/1999Sold$162,500$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,171 -0.2%$581,613
        2024$8,190 +10.9%$581,613
        2023$7,384 -9.1%$581,613 -23.1%
        2022$8,127 +37.3%$756,096 +85.7%
        2021$5,918 -1.5%$407,129
        2020$6,009 $407,129
        2019$6,009 -3%$407,129
        2018$6,195 -4.2%$407,129
        2017$6,463 -0.4%$407,129 0%
        2016$6,490 +0.4%$407,130
        2015$6,463 -0.4%$407,130 +6.3%
        2014$6,490 $383,180 +22.8%
        2013-- $312,020 -1.7%
        2012$5,122 +0.1%$317,260
        2011$5,118 +35.9%$317,260 +36.4%
        2010$3,767 -8.1%$232,660 -12%
        2009$4,099 -17.9%$264,390 -21.9%
        2008$4,992 -3.2%$338,410 -1.3%
        2007$5,157 $342,870 -9.4%
        2006-- $378,490 +68.4%
        2005-- $224,730
        2004-- $224,730
        2003-- $224,730 +13.4%
        2002$3,670 +38.8%$198,120 +39.6%
        2001$2,645 -3.4%$141,930
        2000$2,737 $141,930
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Beach

        Getting around

        0 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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