For sale

$695,000

240 S Peppertree Dr, Indian River Shores, FL 32963

2beds

2,274sqft

$4,947/mo

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Single Family Residence

Built in 1992

-- sqft lot

$-- Zestimate^®

$306/sqft

$507/mo HOA

What's special

Two spacious bedroomsTranquil nature viewsBeautifully appointed furnished villaUltimate privacy

Discover refined living in this beautifully appointed furnished villa nestled within Vero Beach's charming Peppertree community. This thoughtfully designed home features two spacious bedrooms plus a versatile den and living areas. Backing up to protected preserve land, enjoy tranquil nature views and ultimate privacy. Located in an intimate, upscale neighborhood just minutes from downtown Vero Beach, you'll experience the perfect blend of serenity and convenience—close to pristine beaches, shopping, and dining.

202 days

328

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Bedroom

Dimensions: 17x16

Bedroom

Dimensions: 11x15

Den

Dimensions: 17x16

Dining room

Dimensions: 12x16

Family room

Dimensions: 20x15

Kitchen

Dimensions: 12x10

Living room

Dimensions: 17x24

Patio

Dimensions: 11x16

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
Laundry: Laundry Room

Features

High Ceilings, Pantry, Split Bedrooms
Flooring: Tile
Windows: Window Treatments
Has fireplace: No
Furnished: Yes

Interior area

Total interior livable area: 2,274 sqft

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Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Patio
Exterior features: Awning(s), Sprinkler/Irrigation, Patio, Rain Gutters
Pool features: Pool, Community
Has view: Yes
View description: Preserve
Waterfront features: None

Lot

Features: < 1/4 Acre

Details

Parcel number: 32401900030000000009.0
Zoning: ,
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Block, Concrete, Stucco
Roof: Tile

Condition

New construction: No
Year built: 1992

Utilities & green energy

Sewer: County Sewer
Water: Public

Community & HOA

Community

Features: Other, Gutter(s), Pool
Subdivision: Peppertree

HOA

Has HOA: Yes
Amenities included: Dues Paid Quarterly
Services included: Common Areas, Maintenance Grounds, Pest Control
HOA fee: $507 monthly
HOA name: Elliott Merrill

Location

Region: Indian River Shores

Financial & listing details

Price per square foot: $306/sqft
Tax assessed value: $387,933
Annual tax amount: $4,907
Date on market: 1/30/2026
Listing terms: Cash,New Loan
Ownership: Single Family/Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/30/2026	Listed for sale	$695,000+63.5%$306/sqft
Source: Realtor Association of Indian River County #294524 Report a problem
12/8/2020	Sold	$425,000-5.6%$187/sqft
Source: Public Record Report a problem
9/1/2020	Listed for sale	$450,000$198/sqft
Source: Alex MacWilliam, Inc. #232210 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,907 -30.1%	$387,933 -44.9%
2024	$7,022 +4.3%	$704,011
2023	$6,731 +38.3%	$704,011 +67.7%
2022	$4,868 +10.6%	$419,741 +20.8%
2021	$4,401 +111.8%	$347,611 +78.4%
2020	$2,077	$194,810 +2.3%
2019	$2,077 -0.4%	$190,430 +1.9%
2018	$2,085 +0.7%	$186,879 +2.1%
2017	$2,072	$183,035 +2.1%
2016	$2,072 -1.4%	$179,270 +0.7%
2015	$2,100 -3.9%	$178,030 +0.8%
2014	$2,186	$176,620 +1.5%
2013	--	$174,010 +1.7%
2012	$2,055 +3.9%	$171,110 +3%
2011	$1,978 +2%	$166,130 +1.5%
2010	$1,939 -46.8%	$163,680 -43.9%
2009	$3,646 -1.8%	$291,610 -6.3%
2008	$3,713 -1.8%	$311,290 +35.6%
2001	$3,780 +4.3%	$229,500 +8%
2000	$3,623	$212,500