$1,999,000 For Sale

250 Lanternback Island Drive
Satellite Beach, FL 32937

5 beds, 3 full, 1 partial baths | Single Family Home
4,637 sq ft; lot: 16553 sq ft lot - MLS# 1066767
Property Photo
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Description

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.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family Home
  • Listing Status: Active
  • County/Area: Brevard County
  • Zip Code: 32937
  • Year Built: 1989
  • Subdivision/Neighborhood: Tortoise Island Ph 4 Pud
  • Elementary School: Sea Park
  • Middle School: DeLaura
  • High School: Satellite
  • Sq.Ft.: 4,637 sq ft
  • Style: Traditional, Multi Generational
  • Stories: 2
  • Bedrooms: 5
  • Full Baths: 3
  • Half Baths: 1
  • Garage: 2 Car
  • Fireplace: Yes, 2
  • Lot Size: 16553 sq ft lot
  • Baths: 4
  • Pool or Spa: In Ground, Waterfall, Private Pool
  • View: Canal, Pool, Water
  • Waterfront: Canal Navigational to Banana River, Canal Front, Navigable Water
  • Zoning: Single Family
  • Additional Parcels Description: 2606892
  • Appliances: Dryer, Double Oven, Electric Cooktop, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Association: Yes
  • Association Amenities: Boat Dock, Clubhouse, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Playground, Security, Tennis Court(s), Pickleball, Boat Launch, Management - On Site
  • Association Fee Includes: Security
  • Association Phone: 321-773-7573
  • Construction Materials: Frame, Stucco, Brick
  • Cooling: Central Air, Multi Units
  • Direction Faces: Southwest
  • Directions: From South Patrick Drive, enter Tortoise Island and check in at the gate, continue over the bridge and take the first right onto Hawksbill, cross the second bridge, then turn right onto Lanternback Island Drive, follow the road as it curves to the right to stay on Lanternback, and the home will be all the way at the end on your right.
  • Entry Level: 1
  • Exterior Features: Balcony, Courtyard, Dock, Boat Lift, Other
  • Fencing: Wrought Iron
  • Flooring: Carpet, Other, Tile
  • Furnished: Negotiable
  • HOA Fee: 355
  • HOA Frequency: Monthly
  • HOA Name: Tortoise Island Homeowners Association
  • Heating: Central
  • Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, In-Law Floorplan, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Guest Suite, Jack and Jill Bath
  • Laundry Features: In Unit
  • Levels: Two
  • Listing Terms: Cash, Conventional, VA Loan, Other
  • Living Area Source: Estimated
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Area: 0.38
  • Lot Size Square Feet: 16553
  • Lot Size Units: Acres
  • MLS Area Minor: 381 - N Satellite Beach
  • Main Type: Residential
  • Parcel Number: 26-37-22-80-00007.0-0033.00
  • Parking Features: Garage
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Terrace
  • Pets Allowed: Yes
  • Possession: Close Of Escrow
  • Property Condition: Updated/Remodeled
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Roof: Metal
  • Security Features: 24 Hour Security, Gated with Guard, Security Gate
  • Sewer: Public Sewer
  • Special Conditions Details: Standard
  • Tax Annual Amount: 9429.73
  • Tax Year: 2025
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Courtesy of ZOOM Realty Group LLC
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Melbourne Real Estate
685 Prescott Blvd.
Melbourne, FL 32903
Phone: 1-866-645-7702
Email: info@MyMelbournePlace.com

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