250 Lanternback Island Drive Satellite Beach, FL $ 1,999,000
250 Lanternback Island Drive
$ 1,999,000
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250 Lanternback Island Drive

Satellite Beach, FL, 32937
$ 1,999,000
Bedrooms5 Baths3.1 Sq 4,637

Monthly Estimate*

$ 12,308

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Single Family Home for sale in Satellite Beach, FL

for $1,999,000 with 5 bedrooms and 3 full baths, 1 half bath. This 4,637 square foot home was built in 1989 on a lot size of 0.38.

Tucked behind the guarded gates of Tortoise Island, this extraordinary waterfront estate commands approximately 120-feet of prime frontage along a 17-foot 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.

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Single Family Active

Price

$ 1,999,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 9,429

Style

Multi Generational,Traditional

Lot Size

0.38

Year Built

1989

Town/City

Satellite Beach

County/Region

Brevard

MLS | Web ID

1066767

Features
General
Living Area 4637.0
Sewer Public Sewer
Heating Central
Cooling Central Air Multi Units
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Double Oven Dryer Electric Cooktop Electric Oven Freezer Ice Maker Microwave Refrigerator Washer
HOA Fee 355.0
Garage Spaces 2.0
Association Fee Includes Security
Patio/Porch Features Deck Front Porch Rear Porch Terrace
Architectural Style Multi Generational Traditional
Pool Features In Ground Waterfall
Security Features 24 Hour Security Gated with Guard Security Gate
Construction Materials Brick Frame Stucco
Pets Allowed Yes
Year Built 1989
View Canal Pool Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Current Use Single Family
Waterfront Features Canal Front Navigable Water
Additional Parcels Description 2606892
Assoc Fee Paid Per Monthly
County Brevard
New Construction N
Property Type Residential
Association Amenities Boat Dock Boat Launch Clubhouse Fitness Center Gated Jogging Path Maintenance Grounds Pickleball Playground Security Tennis Court(s) Management - On Site
HOA Y
Attached Garage N
Subdivision Name Tortoise Island Ph 4 PUD
Facing Direction Southwest
Garage Y/N Y
Total Rooms 0
Full Baths 3
Status Active
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 Islan
High School Satellite
City Satellite Beach
Body of Water Canal Navigational to Banana River
Association Name Tortoise Island Homeowners Association
Senior Community Y/N N
Zoning Description Single Family
MLS Area 381 - N Satellite Beach
Lot Size Units Acres
Lot Size Square Feet 16553.0
Carport Y/N N
Elementary School Sea Park
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9429.73
Home Warranty Y/N N
Middle/Junior High School DeLaura
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor 381 - N Satellite Beach
Lease Considered Y/N N
Standard Status Active
Legal Description TORTOISE ISLAND PH 4 P.U.D. LOT 33 BLK 7
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Interior
Interior Amenities Breakfast Bar Built-in Features Ceiling Fan(s) Eat-in Kitchen Entrance Foyer Guest Suite In-Law Floorplan Jack and Jill Bath Kitchen Island Open Floorplan Primary Bathroom -Tub with Separate Shower S
Flooring Carpet Tile Other
Furnished Y/N Negotiable
Total Fireplaces 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features In Unit
Total Bedrooms 5
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Balcony Courtyard Dock Other Boat Lift
Fencing Wrought Iron
Parking Features Garage
Lot Features Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 0.38
Spa N
Lot Size Acres 0.38
Road Surface Type Asphalt
Waterfront Y/N Y
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 250
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* Excluded Features
List By
Zoom Realty Group Llc

Broker

listbylily@gmail.com

Email

Affordability Calculator

$13,094
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,308
Monthly Property Taxes
$786
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362937 Elementary School
1363017 Middle School
Satellite High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$1,999,000 Listed Price

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250 Lanternback Island Drive, Satellite Beach, FL, 32937 is a Single Family Home for sale at $1,999,000 with 4,637 sqft and a lot size of 0.38. 250 Lanternback Island Drive has 5 bedrooms, 3.1 baths, and was built in 1989. The property's zip code is 32937 which is in Satellite Beach, FL