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Sold for $1,450,000
  • $1,450,000

    489 Lanternback Island Dr, Satellite Beach, FL 32937

    4beds
    3,238sqft
    Single Family Residence
    Built in 1988
    0.32 Acres Lot
    $1,424,300 Zestimate®
    $448/sqft
    $6,206 Estimated rent

    Home value

    $1,424,300

    $1.30M - $1.57M

    $6,206/mo

    Zestimate® history
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    What's special

    Luxury in mindAbundance of natural lightLarge format porcelain tileWaterfront homeSpacious screened pool lanaiHigh end kitchen appliancesDream closet
    You've finally found the lifestyle you deserve! The interior on this regal, waterfront home has just recently been completely and lovingly renovated with luxury in mind as well as a clean, modern aesthetic. High end kitchen appliances, large format porcelain tile throughout the main level, an abundance of natural light, 3 car garage and a spacious, screened pool lanai are just a couple highlights. Nestled in coveted, amenity rich Tortoise Island, close to beautiful beaches and all the various employment, dining and shopping options the Melbourne area has on offer. The navigable canal right in your backyard takes you to open water via the Grand Canal for a lifetime of boating adventure memories. The home's original 5th bedroom is now a dream closet for the lady of the house, but could easily be converted back to a bedroom, if desired. Roof replaced in 2018. Call today on this special opportunity !

    Zillow last checked:

    Listing updated:

    Listed by:

    David Settgast 321-543-1187,

    One Sotheby's International

    Bought with:

    Meili Viera Porter, 3215665

    Waterman Real Estate Inc.

    Source: Space Coast AOR,MLS#: 1051475

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Electric Oven, Induction Cooktop, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Breakfast Bar, Built-in Features, Central Vacuum, His and Hers Closets, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 4,004
    • Total interior livable area: 3,238 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch, Patio, Screened
    • Exterior features: Balcony, Boat Slip, Dock, Boat Lift, Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure
    • 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: 0.32 Acres
    • Features: Sprinklers In Front, Sprinklers In Rear, Other
    Details
    • Additional parcels included: 2609022
    • Parcel number: 263727Nf00002.00002.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1988

    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 3 Unit 2 PUD
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Pickleball, Playground, Pool, Sauna, Security, Tennis Court(s)
    • Services included: Security, Other
    • HOA fee: $388 monthly
    • HOA name: Tortoise Island HOA
    Location
    • Region: Satellite Beach

    Financial & listing details

    • Price per square foot: $448/sqft
    • Tax assessed value: $936,810
    • Annual tax amount: $6,271
    • Date on market: 7/11/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/22/2025Sold$1,450,000$448/sqft
    Source: Space Coast AOR #1051475 Report a problem
    8/18/2025Pending sale$1,450,000$448/sqft
    Source: Space Coast AOR #1051475 Report a problem
    7/14/2025Contingent$1,450,000$448/sqft
    Source: Space Coast AOR #1051475 Report a problem
    7/11/2025Listed for sale$1,450,000+52.6%$448/sqft
    Source: Space Coast AOR #1051475 Report a problem
    8/21/2023Sold$950,000-9.5%$293/sqft
    Source: Space Coast AOR #962241 Report a problem
    7/11/2023Contingent$1,050,000$324/sqft
    Source: Space Coast AOR #962241 Report a problem
    6/26/2023Listed for sale$1,050,000$324/sqft
    Source: Space Coast AOR #962241 Report a problem
    6/17/2023Contingent$1,050,000$324/sqft
    Source: Space Coast AOR #962241 Report a problem
    6/12/2023Price change$1,050,000-8.7%$324/sqft
    Source: Space Coast AOR #962241 Report a problem
    5/10/2023Price change$1,150,000-5.7%$355/sqft
    Source: Space Coast AOR #962241 Report a problem
    4/23/2023Listed for sale$1,220,000-16.7%$377/sqft
    Source: Space Coast AOR #962241 Report a problem
    7/20/2020Sold$1,465,000+119%$452/sqft
    Source: Public Record Report a problem
    6/25/2004Sold$669,000$207/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,661 +5.5%$932,370 +2.9%
    2024$11,052 +76.2%$906,100 +84.9%
    2023$6,272 +7%$490,170 +3%
    2022$5,862 -4.8%$475,900 +3%
    2021$6,157 +0.7%$462,040 +1.4%
    2020$6,114 +0.3%$455,670 +2.3%
    2019$6,094 $445,430 +1.9%
    2018$6,094 -0.6%$437,130 +2.1%
    2017$6,129 -1.6%$428,140 +2.1%
    2016$6,226 -2.2%$419,340 +0.7%
    2015$6,366 -4.2%$416,430 +0.8%
    2014$6,645 $413,130 -3.6%
    2013-- $428,600 +7.1%
    2012$6,329 +1.8%$400,230 +1.7%
    2011$6,220 -4.5%$393,630 -11.1%
    2010$6,516 -7.3%$442,870 -11.7%
    2009$7,033 -13.4%$501,490 -12.3%
    2008$8,117 -5.9%$572,000 -4.3%
    2007$8,622 -17%$598,000 -10%
    2005$10,386 +100.9%$664,120 +31.2%
    2004$5,170 -2.2%$506,140 +20.9%
    2003$5,284 +1.5%$418,790 +21.1%
    2002$5,204 +2.2%$345,840 +4.1%
    2001$5,091 +7.2%$332,320 +16.5%
    2000$4,751 $285,310
    Find assessor info on the county website

    Neighborhood: South Patrick Shores

    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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    Estimated market value
    $1,424,300
    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
    $1,424,300