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For sale
  • $1,874,000

    250 Lanternback Island Dr, Satellite Beach, FL 32937

    5beds
    4,637sqft
    : 
    $11,921/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    0.38 Acres Lot
    $1,775,900 Zestimate®
    $404/sqft
    $355/mo HOA

    What's special

    Tucked behind the guarded gates of Tortoise Island, this extraordinary waterfront estate commands approximately 120-feet of prime frontage along a 17-foot deep dredged canal, quietly asserting itself as one of the most significant offerings the community has seen in decades. With a newly reimagined dock and a private beach style shoreline, the property offers a level of boating access, scale, and permanence that discerning buyers often wait a lifetime to secure. The residence unfolds across more than 4,600 square feet of thoughtfully curated interior space, where timeless materials meet architectural volume. Tile flooring flows seamlessly throughout, complemented by soaring vaulted ceilings that create a sense of openness without sacrificing warmth. A private office anchors the front of the home, offering a refined workspace, while the primary living and dining areas extend naturally toward the water through French doors, dissolving the boundary between indoors and out. At the heart of the home lies a kitchen that is both commanding and inviting, designed not merely for function but for presence. Granite countertops frame an expansive island with integrated storage and television, while Bosch and KitchenAid appliances elevate daily living. Wood accented ceiling details add character and depth, and four generous windows flood the space with natural light and tranquil canal views. A built in bar, discreet half bath, under stair storage, and two separate washer and dryer sets underscore the home's rare blend of elegance and practicality. Beyond the main living spaces, the home reveals a dedicated entertainment room with endless flexibility, anchored by a striking fish tank that conveys and serves as a living work of art. A connected guest or multigenerational suite offers both privacy and comfort, complete with a full bath featuring a steam room and four head shower, creating a retreat worthy of extended stays. Upstairs, the primary suite rises as a private sanctuary, crowned by vaulted ceilings and designed for quiet indulgence. The space features a generous walk in closet, a luxurious soaking tub, dual vanities, and a spa inspired walk in shower appointed with four shower heads. Additional bedrooms continue the theme of volume and comfort, each with vaulted ceilings and walk in closets. Two of these bedrooms are joined by a well appointed Jack and Jill bath with double sinks and a spacious tub shower combination. Outdoor living here is nothing short of cinematic. From the primary suite, French doors open onto an expansive elevated deck, a vantage point ideal for rocket launches, sunset views, and stargazing over the water. A staircase descends to a substantial pebble finished pool accented by water features, surrounded by a combination of tile and paver hardscaping that defines multiple seating and lounging areas. The grounds are lushly landscaped, with curated planting beds lining the side of the home, while the canal side reveals the newly redone dock and private beach style waterfront, perfectly suited for boating, paddle sports, and curated coastal moments. Significant updates reinforce the home's enduring value and thoughtful stewardship, including a metal roof installed in 2005, a substantial guest wing addition completed in 2014, an outdoor AC unit replaced in 2024, and a new water heater in 2025. The garage offers deep storage and features newly epoxy coated floors, further reflecting the care invested throughout the property. Residents of Tortoise Island enjoy access to a suite of private amenities including tennis courts, pickleball, a community pool, clubhouse, and the reassurance of a 24 hour guard gated entrance. Ideally positioned near the beach, top rated schools, and the best of beachside living, this estate has not been offered to the market in over 22 years and stands ready for its next chapter of lifestyle, legacy, and rare waterfront distinction.
    7 days
    |
    415
    |
    25
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cole Nichter 321-684-9829,

    ZOOM Realty Group LLC,

    Lily Ingeldsen 321-419-7575,

    ZOOM Realty Group LLC

    Source: Space Coast AOR,MLS#: 1083036

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Multi Units
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Washer/Dryer Stacked
      • Laundry: In Unit
      Features
      • Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, In-Law Floorplan, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Tile, Wood
      • Number of fireplaces: 2
      Interior area
      • Total interior livable area: 4,637 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Rear Porch, Terrace
      • Exterior features: Balcony, Courtyard, Dock, Other, Boat Lift
      • Has private pool: Yes
      • Pool features: In Ground, Waterfall
      • Fencing: Wrought Iron
      • Has view: Yes
      • View description: Canal, Pool, Water
      • Has water view: Yes
      • Water view: Canal,Water
      • Waterfront features: Canal Front, Navigable Water, River Access
      • Body of water: Grand Canal
      Lot
      • Size: 0.38 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2606892
      • Parcel number: 2637228000007.00033.00
      • Zoning description: Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Multi Generational,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame, Stucco
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Security: 24 Hour Security, Gated with Guard, Security Gate
      • Subdivision: Tortoise Island Ph 4 PUD
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Boat Launch, Clubhouse, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management - Full Time, Pickleball, Playground, Pool, Security, Storage, Tennis Court(s), Other, Management - On Site
      • Services included: Security
      • HOA fee: $355 monthly
      • HOA name: Tortoise Island Homeowners Association
      Location
      • Region: Satellite Beach

      Financial & listing details

      • Price per square foot: $404/sqft
      • Tax assessed value: $1,512,330
      • Annual tax amount: $9,429
      • Date on market: 7/22/2026
      • Listing terms: Cash,Conventional,Other
      • Road surface type: Asphalt

        Estimated market value

        $1,775,900

        $1.69M - $1.86M

        $6,013/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$1,874,000-3.8%$404/sqft
        Source: Space Coast AOR #1083036 Report a problem
        7/22/2026Listing removed$1,949,000$420/sqft
        Source: Space Coast AOR #1066767 Report a problem
        3/26/2026Price change$1,949,000-2.5%$420/sqft
        Source: Space Coast AOR #1066767 Report a problem
        1/21/2026Listed for sale$1,999,000+233.7%$431/sqft
        Source: Space Coast AOR #1066767 Report a problem
        1/13/2004Sold$599,000$129/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,430 +5.9%$744,750 +2.9%
        2024$8,907 +0.8%$723,770 +3%
        2023$8,836 +7%$702,690 +3%
        2022$8,259 -5.2%$682,230 +3%
        2021$8,713 +0.1%$662,360 +1.4%
        2020$8,703 -0.1%$653,220 +2.3%
        2019$8,709 $638,540 +1.9%
        2018$8,709 -0.7%$626,640 +2.1%
        2017$8,771 -1.8%$613,760 +2.1%
        2016$8,930 -2.3%$601,140 +13.3%
        2015$9,145 +8.7%$530,650 +0.8%
        2014$8,415 $526,440 -10.6%
        2013-- $588,690 +15.4%
        2012$8,249 +0.8%$509,990 +0.8%
        2011$8,182 -5.5%$505,720 -12.2%
        2010$8,654 -7.8%$575,710 -12.4%
        2009$9,389 -6.6%$657,030 -9.9%
        2008$10,057 +2.1%$729,000 -6.9%
        2007$9,846 -4.9%$783,000 -11.2%
        2005$10,351 -2.6%$881,420 +33.6%
        2004$10,631 +60.7%$659,670 +17.8%
        2003$6,615 +1.5%$559,830 +22.2%
        2002$6,517 +2.2%$458,220 +7.2%
        2001$6,378 +7.1%$427,590 +10.6%
        2000$5,955 $386,690
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South Patrick Shores

        Getting around

        2 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sea Park
        • Middle: DeLaura
        • High: Satellite

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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