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$1,450,000

489 Lanternback Island Dr Satellite Beach, FL 32937

4 beds
3 full, 1 partial
3,238 sqft
0.3 acres
$448 / sqft
House

Property details

About 489 Lanternback Island Dr

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 !

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air, Electric
Size3,238 sqft
Lot size0.32 Acres
Year built1988
ParkingAttached,Garage
MLS #1051475
Attached garage3 spaces
WaterfrontCanal, Navigable Water, River Access
FireplaceWood Burning
ViewCanal, Pool, Water

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Electric Oven, Induction Cooktop, Microwave, Refrigerator
  • Flooring Type: Carpet,Tile
  • Interior: 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)
  • Fireplace: Wood Burning
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached,Garage
  • Waterfront: Canal, Navigable Water, River Access
  • View: Canal, Pool, Water
  • Exterior: Balcony, Boat Slip, Boat Dock, Boat Lift, Storm Windows
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $1,450,000
  • Price/SqFt: $447
  • HOA Amount: $388 Monthly
  • Annual Tax Amount: $6,271
  • Tax Year: 2023
  • Lot: Sprinklers In Front, Sprinklers In Rear, Other
  • Directions: S. Patrick Dr to Tortoise Dr. Go through guard gate and over drawbridge. Right on Hawksbill Island Dr. then right on Lanternback Island Dr. to 489.
  • Year Built: 1988
  • Stories: 2
  • Living Area: 3,238 SqFt
  • Lot Size: 0.32 Acres
  • MLS Number: 1051475
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: One Sotheby's International
  • Office Phone: (321) 984-3135
  • Office Email: mfarr@onesothebysrealty.com
  • Listing Agent: David Settgast

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 4:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 28, 2023
Home Sold
$950,000
Jun 25, 2004
Home Sold
$669,000

Tax history

YearAssessmentProperty Tax
2023$490,170$6,271
2022$475,900$5,861
2021$462,040$5,861
2020$455,670$6,113
2019$445,430$6,129
2018$437,130$6,226
2017$428,140$6,226

History based on county public records data.

Nearby schools

8

Sea Park Elementary School

Public District PK-6

0.7 mi

300 Sea Park Blvd

8

Holland Elementary School

Public District KG-6

1.3 mi

50 Holland Ct

10

Surfside Elementary School

Public District KG-6

2.2 mi

475 Cassia Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $177,027. Residents of Satellite Beach, FL typically earn between $100k-200k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

0%
<35k
22%
35k-100k
39%
100k-200k
39%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

14%
Single, No Kids
5%
Single, with Kids
52%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
11%
12-17 yrs old
7%
18-34 yrs old
49%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 489 Lanternback Island Dr

The listing price of 489 Lanternback Island Dr property is $1,450,000.

The property 489 Lanternback Island Dr is a house located in Satellite Beach, Florida, 32937.

Accepting Backup Offers: 489 Lanternback Island Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 489 Lanternback Island Dr are: Sea Park Elementary School (GreatSchools Rating 8/10), Holland Elementary School (GreatSchools Rating 8/10), Surfside Elementary School (GreatSchools Rating 10/10), DeLaura Middle School (GreatSchools Rating 8/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), Hoover Middle School (GreatSchools Rating 5/10), Satellite High School (GreatSchools Rating 8/10), Eau Gallie High School (GreatSchools Rating 3/10), South Area Alternative Learning Center (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $6,271 (source: MLS/based on county public records data).

The last sale was on August 28, 2023 for $950,000 (source: MLS/tax record).

The property at 489 Lanternback Island Dr has 4 bedrooms and 3 full and 1 half bathrooms.

The property 489 Lanternback Island Dr is 3,238 SqFt (source: MLS/tax record).

The year of construction for 489 Lanternback Island Dr is 1988.

This home is located at 489 Lanternback Island Dr in Satellite Beach, FL and zip code 32937 in the Tortiose neighborhood. This 3,238 square foot home, which was built in 1988, sits on a 0.32 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $1,450,000.

Over 1 listings were sold over their listed price in June 2025 in Satellite Beach, FL. In the same period over 20 listings were sold below the listed price and 6 listings were sold for the listed price. The number of homes for sale in Satellite Beach, FL increased by 9.6% between May and June 2025. In June 2025 median list price was $530,000 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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