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
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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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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
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Sold | $11,500,000+101.8%$935/sqft |
Source: Public Record Report a problem | ||
| 3/18/2020 | Sold | $5,700,000-12.3%$463/sqft |
Source: Public Record Report a problem | ||
| 1/31/2020 | Pending sale | $6,500,000$528/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 11/28/2019 | Listed for sale | $6,500,000-16.1%$528/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 3/28/2017 | Listing removed | $7,750,000$630/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 3/1/2016 | Price change | $7,750,000-6.6%$630/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 9/24/2015 | Price change | $8,300,000+3.8%$675/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 4/7/2015 | Listed for sale | $8,000,000+527.5%$650/sqft |
Source: John's Island Real Estate Company Report a problem | ||
| 4/24/1998 | Sold | $1,275,000$104/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 7/10Beachland Elementary SchoolGrades: PK-5Distance: 4.8 mi
- 7/10Gifford Middle SchoolGrades: 6-8Distance: 3.3 mi
- 5/10Vero Beach High SchoolGrades: 9-12Distance: 6.4 mi
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Estimated market value
$12,151,100
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Estimated market value
$12,151,100
- Florida
- Indian River County
- Indian River Shores
- 32963
- 171 Terrapin Point
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