Tour
#RX-11049683, Michelle T Clarke, Listing office: Dale Sorensen Real Estate Inc.
$5,500,000 List price
3937 Indian River Dr E Vero Beach, FL 32963
4 beds
4 full
4,005 sqft
0.3 acres
$1,373 / sqft
House
Property details
About 3937 Indian River Dr E
Experience luxury waterfront living in this breathtaking 2022-built riverfront home. Featuring 4 beds, 4 baths, & a spacious 3-CG w/ 5,261 SF, this property is designed to impress. Soaring voluminous ceilings & floor-to-ceiling sliders frame mesmerizing river views, seamlessly blending indoor & outdoor spaces. Every detail has been meticulously crafted, from the elegant fireplace in the living area to the premium Jenn-Air appliances in the chef’s kitchen. Step outside to your private dock with lift, and enjoy the tranquil beauty of the river from your own backyard. A true riverfront gem!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size4,005 sqft
Lot size0.35 Acres
Year built2022
ParkingAttached, Paver Block
MLS #284122
Attached garage3 spaces
WaterfrontNavigable Water, River Front
ViewPool, River
Private poolYes
Summary
- Full Bathrooms: 4
- Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Wine Cooler, Washer
- Flooring Type: Tile
- Interior: Wet Bar, High Ceilings, Kitchen Island, Walk-In Closet(s)
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Paver Block
- Waterfront: Navigable Water, River Front
- View: Pool, River
- Exterior: Outdoor Kitchen, Outdoor Shower
- Architectural Style: One Story
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $5,500,000
- Price/SqFt: $1,373
- Annual Tax Amount: $67,622
- Tax Year: 2023
- Lot: Waterfront
- Directions: Beachland Blvd. to Indian River Dr. E., or A1A to W on Conn & left onto Indian River Dr. E
- Year Built: 2022
- Stories: 1
- Living Area: 4,005 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 284122
- MLS Name: IndianRiver
- Office Name: Dale Sorensen Real Estate Inc.
- Office Phone: (772) 263-0386
- Listing Agent: Michelle T Clarke
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Realtor Association of Indian River County. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Realtor Association of Indian River County. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 03, 2022 | Home Sold | $4,900,000 |
| Jul 08, 2020 | Home Sold | $1,100,000 |
| Mar 27, 2019 | Home Sold | $497,500 |
| Nov 21, 2016 | Home Sold | $1,250,000 |
| Mar 05, 2013 | Home Sold | $675,000 |
| May 16, 2001 | Home Sold | $650,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $4,341,374 | $67,622 |
| 2022 | $985,020 | $15,351 |
| 2021 | $894,950 | $15,351 |
| 2020 | $614,583 | $9,900 |
| 2018 | $877,885 | $14,929 |
| 2017 | $881,278 | $15,213 |
History based on county public records data.
Nearby schools
7
Beachland Elementary School
Public District PK-5
0.6 mi
•3350 Indian River Dr E
3
St. Peter's Academy
Public Charter KG-6
3.3 mi
•4250 38th Ave
6
Vero Beach Elementary School
Public District PK-5
3.3 mi
•1770 12th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $70,429. The majority of Vero Beach, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
52%
35k-100k
27%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
3%
Single, with Kids
43%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
7%
18-34 yrs old
43%
35-64 yrs old
40%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Skiing/snowboarding
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Cracker Barrel
What do the neighbors drive?
Cadillac
Mazda
Lincoln
What do the neighbors listen to?
Classical
Rock
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3937 Indian River Dr E
The listing price of 3937 Indian River Dr E property is $5,500,000.
The property 3937 Indian River Dr E is a house located in Vero Beach, Florida, 32963.
Active Listing: 3937 Indian River Dr E is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3937 Indian River Dr E are: Beachland Elementary School (GreatSchools Rating 7/10), St. Peter's Academy (GreatSchools Rating 3/10), Vero Beach Elementary School (GreatSchools Rating 6/10), Gifford Middle School (GreatSchools Rating 4/10), Oslo Middle School (GreatSchools Rating 4/10), Storm Grove Middle School (GreatSchools Rating 5/10), Alternative Center for Education (GreatSchools Rating 2/10), Vero Beach High School (GreatSchools Rating 6/10), Indian River Charter High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $67,622 (source: MLS/based on county public records data).
The last sale was on March 3, 2022 for $4,900,000 (source: MLS/tax record).
The property at 3937 Indian River Dr E has 4 bedrooms and 4 bathrooms.
The property 3937 Indian River Dr E is 4,005 SqFt (source: MLS/tax record).
The year of construction for 3937 Indian River Dr E is 2022.
This home is located at 3937 Indian River Dr E in Vero Beach, FL and zip code 32963. This 4,005 square foot home, which was built in 2022, sits on a 0.35 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $5,500,000.
In June 2025, from all listings sold in Vero Beach, FL there were more than 19 sold above asking price, over 240 sold below and more than 42 were sold right at the asked price. The inventory of homes for sale in Vero Beach, FL between May and June 2025 increased by 0.5%. While the average time on the market in June 2025 was 98 days, the median list price was $402,578.
From Rocket Homes Real Estate and based on county public records data.