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Sold for $11,500,000
  • $11,500,000

    171 Terrapin Point, Indian River Shores, FL 32963

    4beds
    12,303sqft
    SingleFamily
    Built in 2002
    1.44 Acres Lot
    $12,151,100 Zestimate®
    $935/sqft
    $87,291 Estimated rent

    Home value

    $12,151,100

    $10.21M - $14.58M

    $87,291/mo

    Zestimate® history
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    $74,579/mo

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    What's special

    The lure of sweeping river views. The appeal of luxurious appointments. All on a desirable 1.44+/- acre riverfront lot, nestled on the western shore of prestigious Gem Island. Located on a quiet cul-de-sac, this exceptional four-bedroom estate commands unrivaled Intracoastal Waterway views from nearly every room. Enjoy breathtaking sunsets, 172+/- feet of river frontage, boat dock with lift, gorgeous lap pool lined with mature palms, and your own sandy beach protected by a seawall. Inside, marble and hardwood floors add character to this 12,303+/- GSF retreat. A fireplace in the screened lanai makes it comfortable to use all year round. There is ample space for entertaining or just relaxing in this gracious home poised to capture spectacular views and gentle breezes. A formal dining room with striated plaster walls connects to the gourmet island kitchen and family room. Unsurpassed features included Zuber wallpaper in the living room with fireplace, handsome library with fireplace and full bar, and morning room. The upper level affords a master suite with two studies, all opening onto an expansive balcony providing stunning tree-tops views. Harry Gandy Howle Architects & Croom Construction View Video

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Heating
    • Forced air
    Features
    • Flooring: Tile, Other, Concrete
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 12,303 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Cement / Concrete
    Lot
    • Size: 1.44 Acres
    Details
    • Parcel number: 323912000110000000170

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Tile
    Condition
    • Year built: 2002

    Community & HOA

    Location
    • Region: Indian River Shores

    Financial & listing details

    • Price per square foot: $935/sqft
    • Tax assessed value: $10,457,133
    • Annual tax amount: $114,419

    Price history

    DateEventPrice
    12/8/2023Sold$11,500,000+101.8%$935/sqft
    Source: Public Record Report a problem
    3/18/2020Sold$5,700,000-12.3%$463/sqft
    Source: Public Record Report a problem
    1/31/2020Pending sale$6,500,000$528/sqft
    Source: John's Island Real Estate Company Report a problem
    11/28/2019Listed for sale$6,500,000-16.1%$528/sqft
    Source: John's Island Real Estate Company Report a problem
    3/28/2017Listing removed$7,750,000$630/sqft
    Source: John's Island Real Estate Company Report a problem
    3/1/2016Price change$7,750,000-6.6%$630/sqft
    Source: John's Island Real Estate Company Report a problem
    9/24/2015Price change$8,300,000+3.8%$675/sqft
    Source: John's Island Real Estate Company Report a problem
    4/7/2015Listed for sale$8,000,000+527.5%$650/sqft
    Source: John's Island Real Estate Company Report a problem
    4/24/1998Sold$1,275,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$114,419 +2.3%$9,682,095 +2.9%
    2024$111,798 +74.4%$9,409,228 +71.7%
    2023$64,121 +2.1%$5,480,485 +3%
    2022$62,798 -0.7%$5,320,859 +3.5%
    2021$63,229 +19.9%$5,138,995 +21.9%
    2020$52,742 $4,215,969 +2.3%
    2019$52,742 -1.1%$4,121,181 +1.9%
    2018$53,350 -0.5%$4,044,339 +2.1%
    2017$53,601 $3,961,154 +2.1%
    2016$53,601 -2.1%$3,879,680 +0.7%
    2015$54,744 -4%$3,852,720 +0.8%
    2014$57,029 $3,822,150 -1.6%
    2013-- $3,884,790 -0.6%
    2012$57,470 -9.8%$3,907,000 -9.8%
    2011$63,722 +1.5%$4,332,360 +1.4%
    2010$62,810 +7.9%$4,272,110 +2.7%
    2009$58,221 +5.8%$4,159,800 +0.1%
    2008$55,040 +0.6%$4,155,650 +4%
    2007$54,714 $3,996,260 -2.7%
    2006-- $4,107,190 -14.8%
    2005-- $4,818,040
    2004-- $4,818,040 +8.8%
    2003-- $4,428,240
    Find assessor info on the county website

    Neighborhood: 32963

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $12,151,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $12,151,100