Welcome to your dream waterfront oasis in Satellite Beach, FL! This completely remodeled and modernized single-family home offers a perfect blend of modern luxury and coastal charm. With over 165' of deep waterfront along the prestigious Grand Canal, take advantage of your two docks and boat lift. You'll have plenty of space to dock your boat or simply enjoy the breathtaking views and sunsets. With 4 bedrooms, 2.5 baths, and a private screened pool, this residence is designed for both relaxation and entertainment. As you step through the front door, you'll be greeted by an open and airy living space, adorned with tasteful finishes and abundant natural light. The fully renovated custom kitchen features stainless steel appliances, quartz countertops, and a stunning wet bar—ideal for whipping up culinary delights or hosting casual gatherings. The primary suite is a retreat, boasting a spa-like ensuite bathroom, and spacious walk-in closet. Three additional bedrooms provide ample space for family, guests, or even a home office. The Grand Canal offers direct access to the Indian River, making it a boater's paradise. Launch your watercraft from your backyard and explore the scenic waterways or head out for a day of fishing and relaxation. This home also includes a two-car garage with electric car charger, separate laundry room, and easy access to the beach, shopping, and dining. This home truly captures the essence of Florida living.
Satellite Beach is known for its laid-back coastal lifestyle and proximity to pristine beaches, A-rated schools, and a variety of dining and shopping options. Don't miss the opportunity to make this waterfront haven your own. Schedule a showing today and discover the unparalleled lifestyle that comes with owning a piece of paradise.
Additional Features: Newly redesigned open kitchen, and 3 updated bathrooms; Fresh paint inside and out; Brand new Boat Lift (13,000 lb); New electric panel, New electric service and updated wiring throughout; New plumbing throughout the house & Cast-iron updated to PVC; Entire new pool system, changed to saltwater, and added a pool heater; Electric car charger; Separate dog comfort area in back of home; and many more!!
Sold for $1,250,000
$1,250,000
489 Penguin Dr, Satellite Beach, FL 32937
4beds
2,271sqft
Single Family Residence
Built in 1965
10,018 Square Feet Lot
$1,207,000 Zestimate®
$550/sqft
$3,787 Estimated rent
Home value
$1,207,000
$1.12M - $1.30M
$3,787/mo
Zestimate® history
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$8,160/mo
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$8,160/mo
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List your homeWhat's special
Private screened poolSeparate dog comfort areaSeparate laundry roomNew electric panelModern luxurySpacious walk-in closetSpa-like ensuite bathroom
Zillow last checked:
Listing updated:
Listed by:
Ryan Moreau 321-480-7108,
Florida East Coast Real Estate
Bought with:
Bridget Sentz, 3095093
RE/MAX Elite
Source: Space Coast AOR,MLS#: 1001844
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Area: 196
- Dimensions: 14.00 x 14.00
Bedroom 2
- Area: 130
- Dimensions: 13.00 x 10.00
Bedroom 3
- Area: 132
- Dimensions: 12.00 x 11.00
Bedroom 4
- Description: Office/Bedroom
- Area: 143
- Dimensions: 13.00 x 11.00
Primary bathroom
- Area: 98
- Dimensions: 14.00 x 7.00
Bathroom 2
- Description: Guest Bath
- Area: 50
- Dimensions: 10.00 x 5.00
Bathroom 3
- Description: Half Bath
- Area: 32
- Dimensions: 8.00 x 4.00
Florida room
- Description: Florida/Dining Room
- Area: 168
- Dimensions: 14.00 x 12.00
Kitchen
- Description: Kitchen
- Area: 132
- Dimensions: 12.00 x 11.00
Laundry
- Description: Laundry/Utility
- Area: 84
- Dimensions: 14.00 x 6.00
Living room
- Area: 425
- Dimensions: 25.00 x 17.00
Other
- Description: Wet Bar/Pantry Area
- Area: 154
- Dimensions: 14.00 x 11.00
Other
- Description: Open Living Area off Kitchen
- Area: 153
- Dimensions: 17.00 x 9.00
Other
- Description: Back/North Screened Porch
- Area: 112
- Dimensions: 16.00 x 7.00
Heating
- Central, Electric
Cooling
- Attic Fan, Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Features
- Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s), Wet Bar
- Flooring: Tile
- Windows: Skylight(s)
- Has fireplace: No
Interior area
- Total structure area: 2,937
- Total interior livable area: 2,271 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch, Rear Porch, Screened
- Exterior features: Dock, Boat Lift, Storm Shutters
- Has private pool: Yes
- Pool features: Heated, In Ground, Salt Water, Screen Enclosure
- Fencing: Full,Vinyl
- Has view: Yes
- View description: Canal, Water
- Has water view: Yes
- Water view: Canal,Water
- Waterfront features: Canal Front, Navigable Water, River Access
- Body of water: Grand Canal
Lot
- Size: 10,018 Square Feet
- Features: Cul-De-Sac
Details
- Additional structures: Shed(s)
- Additional parcels included: 2606558
- Parcel number: 2637227500000.00025.00
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Roof: Membrane,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Closed Circuit Camera(s), Security System Owned, Smoke Detector(s)
- Subdivision: Waterway Estates 3rd Addn
HOA
- Has HOA: No
Location
- Region: Satellite Beach
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $836,550
- Annual tax amount: $8,381
- Date on market: 1/11/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2024 | Sold | $1,250,000-8.8%$550/sqft |
Source: Space Coast AOR #1001844 Report a problem | ||
| 2/15/2024 | Listed for sale | $1,370,000$603/sqft |
Source: Space Coast AOR #1001844 Report a problem | ||
| 1/17/2024 | Contingent | $1,370,000$603/sqft |
Source: Space Coast AOR #1001844 Report a problem | ||
| 1/11/2024 | Listed for sale | $1,370,000+62.4%$603/sqft |
Source: Space Coast AOR #1001844 Report a problem | ||
| 12/22/2021 | Sold | $843,500-0.2%$371/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
| 11/24/2021 | Pending sale | $845,000$372/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
| 11/13/2021 | Contingent | $845,000$372/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
| 11/11/2021 | Listed for sale | $845,000$372/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
| 11/2/2021 | Contingent | $845,000$372/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
| 10/28/2021 | Listed for sale | $845,000$372/sqft |
Source: Space Coast AOR #919254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,785 +9.4% | $836,550 -1.7% |
| 2024 | $9,854 +12.9% | $851,270 +21.7% |
| 2023 | $8,731 +19.2% | $699,610 +22% |
| 2022 | $7,322 +102.8% | $573,580 +111.4% |
| 2021 | $3,610 +1.3% | $271,380 +1.4% |
| 2020 | $3,563 +1.2% | $267,640 +2.3% |
| 2019 | $3,520 | $261,630 +3.3% |
| 2018 | $3,520 +1% | $253,350 +2.1% |
| 2017 | $3,486 -1.2% | $248,140 +2.1% |
| 2016 | $3,528 -1.9% | $243,040 +0.7% |
| 2015 | $3,595 -3.7% | $241,360 +0.8% |
| 2014 | $3,734 | $239,450 -13% |
| 2013 | -- | $275,120 +10.3% |
| 2012 | $3,268 +3.5% | $249,440 +13.8% |
| 2011 | $3,156 +10.6% | $219,200 -11.2% |
| 2010 | $2,855 +9.7% | $246,800 -15.7% |
| 2009 | $2,603 -0.1% | $292,710 -16.6% |
| 2008 | $2,604 -2.7% | $351,000 -15.4% |
| 2007 | $2,676 +7.9% | $415,000 +27.7% |
| 2005 | $2,481 -2.2% | $324,870 +25.8% |
| 2004 | $2,538 -2% | $258,190 +1.2% |
| 2003 | $2,589 +1.8% | $255,240 +6.2% |
| 2002 | $2,544 +2.4% | $240,390 +9.9% |
| 2001 | $2,485 +7.5% | $218,640 +31.7% |
| 2000 | $2,312 | $166,020 |
Find assessor info on the county website
Neighborhood: South Patrick Shores
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Nearby schools
GreatSchools rating
- 8/10Sea Park Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 7/10Delaura Middle SchoolGrades: 7-8Distance: 1.8 mi
- 8/10Satellite Senior High SchoolGrades: 9-12Distance: 1.7 mi
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
$1,207,000
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
$1,207,000
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