$1,899,999
Satellite Beach, FL 32937
MLS# 1038019
5 beds | 5 baths | 6126 sqft

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Property Description
Don't miss this RARE GRAND CANAL OPPORTUNITY! One of a select few homes commanding a premier position on the Grand Canal's wide open Turn Basin, offering supreme canal privacy and unmatched water views, dolphins, manatees, birdlife and fishing. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Downstairs has 4 versatile open plan living areas and kitchen, all with canal views. Situated privately at one end, is a large bedroom with own entrance & bathroom opposite, perfect for guests. There is a bonus room too, ideal for office, teen hangout, TV room, gym, or 6th bedroom. Upstairs: 4 bedrooms & convenient laundry. Sweeping Owner's Suite is privately positioned at one end of the home. Primary +2 bedrooms lead to newly installed wood decks & gorgeous views! Boaters' paradise includes a covered boat dock with electric lift. Close access to main river. Don't live ON the water, Live WITH it, HERE!
Details
Maps
Documents
Contract Information
Start Showing Date: 2025-02-21
Comp Sale YN: No
Current Price: $1,899,999
Original List Price: 1999000
List Price: $1,899,999
Status: Active
Listing Contract Date: 2025-02-21
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: Yes
Location, Tax, and Legal
Tax Account: 2606913
Parcel Number: 26-37-22-80-00007.0-0054.00
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 11265.9
Tax Year: 2024
Tax Legal Description: TORTOISE ISLAND PH 4 P.U.D. LOT 54 BLK 7
Zoning Description: PUD
Directions: From Pineda Causeway heading east take South Patrick turnoff and go south (right). Opposite Montecito turn west (right) into TORTOISE Island. Over bridge and first right into Hawksbill follow to T-junction. Right on Lanternback Island follow the road as it turns sharp right then left. Stately home is opposite the expansive greenspace which looks like a park! Welcome home.
General Property Information
Bathrooms Half: 1
Living Area: 4834
Living Area Source: Other
Building Area Total: 6126
Lot Size Acres: 0.47
Lot Size Square Feet: 20473.2
Accessibility Features YN: No
Association YN: Yes
Association Fee: 318
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Tortoise Island HOA
Association Phone: 321-773-7573
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: Yes
Water Body Name: Grand Canal
Land Site Description: Unusually Private
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: Yes
Furnished: Negotiable
Stories: 2
Entry Level: 1
Direction Faces: East
Pool Private YN: Yes
List Price/SqFt: 393.05
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 4
Year Built: 1989
Remarks and Miscellaneous
Public Remarks: Don't miss this RARE GRAND CANAL OPPORTUNITY! One of a select few homes commanding a premier position on the Grand Canal's wide open Turn Basin, offering supreme canal privacy and unmatched water views, dolphins, manatees, birdlife and fishing. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Downstairs has 4 versatile open plan living areas and kitchen, all with canal views. Situated privately at one end, is a large bedroom with own entrance & bathroom opposite, perfect for guests. There is a bonus room too, ideal for office, teen hangout, TV room, gym, or 6th bedroom. Upstairs: 4 bedrooms & convenient laundry. Sweeping Owner's Suite is privately positioned at one end of the home. Primary +2 bedrooms lead to newly installed wood decks & gorgeous views! Boaters' paradise includes a covered boat dock with electric lift. Close access to main river. Don't live ON the water, Live WITH it, HERE!
Appliances
Dishwasher: 1
Dryer: 1
Electric Cooktop: 1
Electric Oven: 1
Electric Range: 1
ENERGY STAR Qualified Water Heater: 1
Instant Hot Water: 1
Microwave: 1
Refrigerator: 1
Tankless Water Heater: 1
Washer: 1
Wine Cooler: 1
Architectural Style
Multi Generational: 1
Traditional: 1
Association Amenities
Basketball Court: 1
Boat Launch: 1
Clubhouse: 1
Fitness Center: 1
Gated: 1
Maintenance Grounds: 1
Management - Full Time: 1
Management - Off Site: 1
Park: 1
Pickleball: 1
Playground: 1
Pool: 1
Sauna: 1
Tennis Court(s): 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Security: 1
Closing Company Details
Closing Company Name: PRESTIGE TITLE - CINDY N 321-242-7660
Closing Company Address: 5120 N US Hwy 1 #103, Palm Shores, FL 32940
Construction Materials
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Multi Units: 1
Current Use
Residential: 1
Single Family: 1
DPR Eligible
DPR Eligible: No
Electric
220 Volts: 1
Exterior Features
Balcony: 1
Boat Lift: 1
Dock: 1
Fire Pit: 1
Impact Windows: 1
Storm Shutters: 1
Fencing
Fenced: 1
Other: 1
Fireplace Features
Fireplaces Total: 1
Wood Burning: 1
Flooring
Laminate: 1
Tile: 1
Green Energy Efficient
Water Heater: 1
Green Water Conservation
Efficient Hot Water Distribution: 1
Heating
Central: 1
Electric: 1
Heat Pump: 1
Interior Features
Breakfast Bar: 1
Built-in Features: 1
Ceiling Fan(s): 1
Central Vacuum: 1
Eat-in Kitchen: 1
Entrance Foyer: 1
Guest Suite: 1
His and Hers Closets: 1
Jack and Jill Bath: 1
Open Floorplan: 1
Primary Bathroom -Tub with Separate Shower: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Upper Level: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Easement Access: 1
Greenbelt: 1
Wooded: 1
Parking Features
Attached: 1
Garage: 1
Patio And Porch Features
Patio: 1
Terrace: 1
Pool Features
In Ground: 1
Other: 1
Possession
Close Of Escrow: 1
Water Body Access Type
Navigable: 1
Road Frontage Type
Private Road: 1
Road Surface Type
Asphalt: 1
Roof
Tile: 1
Security Features
24 Hour Security: 1
Gated with Guard: 1
Security Gate: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Propane: 1
View
Canal: 1
Other: 1
Water Source
Well: 1
Waterfront Features
Canal Front: 1
Navigable Water: 1
No Fixed Bridges: 1
River Access: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Gated: Community
No Sign: 1
Video Surveillance: 1
Showing Considerations
Occupied: 1
Pet(s) on Premises: 1
Room Types
Bedroom 1: 1
Bedroom 1 Level: Second
Bedroom 2: 1
Bedroom 2 Level: Second
Bedroom 3: 1
Bedroom 3 Level: Second
Bedroom 4: 1
Bedroom 4 Level: Second
Bedroom 5: 1
Bedroom 5 Level: First
Bonus Room: 1
Bonus Room Level: First
Dining Room: 1
Dining Room Level: First
Family Room: 1
Family Room Level: First
Kitchen: 1
Kitchen Level: First
Living Room: 1
Living Room Level: First
Location Tax and Legal
Street Number: 124
Street Name: Lanternback Island
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: Tortoise Island Ph 4 PUD
Status Change Information
Major Change Timestamp: 2025-10-31T05:05:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-10-31T05:05:19Z
Status Change Timestamp: 2025-06-18
Property Features
Appliances: Dishwasher; Dryer; Electric Cooktop; Electric Oven; Electric Range; ENERGY STAR Qualified Water Heater; Instant Hot Water; Microwave; Refrigerator; Tankless Water Heater; Washer; Wine Cooler
Architectural Style: Multi Generational; Traditional
Association Amenities: Basketball Court; Boat Launch; Clubhouse; Fitness Center; Gated; Maintenance Grounds; Management - Full Time; Management - Off Site; Park; Pickleball; Playground; Pool; Sauna; Tennis Court(s)
Association Fee Includes: Insurance; Maintenance Grounds; Security
Construction Materials: Frame; Stucco
Cooling: Central Air; Multi Units
Current Use: Residential; Single Family
Electric: 220 Volts
Exterior Features: Balcony; Boat Lift; Dock; Fire Pit; Impact Windows; Storm Shutters
Fencing: Fenced; Other
Fireplace Features: Wood Burning
Flooring: Laminate; Tile
Green Energy Efficient: Water Heater
Green Water Conservation: Efficient Hot Water Distribution
Heating: Central; Electric; Heat Pump
Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Central Vacuum; Eat-in Kitchen; Entrance Foyer; Guest Suite; His and Hers Closets; Jack and Jill Bath; Open Floorplan; Primary Bathroom -Tub with Separate Shower; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: Upper Level
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Easement Access; Greenbelt; Wooded
Parking Features: Attached; Garage
Patio And Porch Features: Patio; Terrace
Pool Features: In Ground; Other
Possession: Close Of Escrow
Water Body Access Type: Navigable
Road Frontage Type: Private Road
Road Surface Type: Asphalt
Roof: Tile
Security Features: 24 Hour Security; Gated with Guard; Security Gate
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent; No Sign; Video Surveillance
Special Listing Conditions: Standard
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected; Propane
View: Canal; Other
Water Source: Well
Waterfront Features: Canal Front; Navigable Water; No Fixed Bridges; River Access
Showing Considerations: Occupied; Pet(s) on Premises
Room Types: Bedroom 1; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bonus Room; Dining Room; Family Room; Kitchen; Living Room
Room Information
| Room Name | Level | Remarks |
| Living Room | First | Front row seat to spectacular Grand Canal! |
| Dining Room | First | Gorgeous chandelier & ideal for dinner parties! |
| Family Room | First | Elegantly casual hub with 2-story stone fireplace! |
| Kitchen | First | Tasteful with its European Flair & canal views! |
| Bonus Room | First | 6th Bedroom/Office/Movie room + private entry! |
| Bedroom 5 | First | First floor, private entrance-ideal for guests! Bathroom opposite. |
| Bedroom 1 | Second | Palatial owner's suite with luxurious bathroom! |
| Bedroom 2 | Second | French door to upper deck with amazing views! |
| Bedroom 3 | Second | Juliette balcony overlooking pond! |
| Bedroom 4 | Second | En-suite & a large walk-in closet! |
Listing Office: RE/MAX Elite
Last Updated: November - 01 - 2025
Information is deemed to be reliable, but is not guaranteed.

Sellers Disclosure