Premier Brokers International
497 Melrose Lane, Sebastian, FL 32958
Price reducedBeachesMLS
Price reducedMLS® B26018400
$289,000

↓ Price reduced $20,000 on Sep 22, 2026

497 Melrose Lane, Sebastian, FL 32958

Beds
3
Baths
2
Sqft
1,072
Est. payment$1,984/mo
Home type
Single Family Residence
Year built
1987
Lot size
13,504 sqft
Price / sqft
$270
HOA
$0/mo
Community
SEBASTIAN HIGHLANDS UNIT 8

Property description

Unapproved Short Sale. Welcome home to this Sebastian Highlands property, situated on a desirable corner lot with NO HOA, giving you the freedom to enjoy your home without restrictions or added fees. This 3-bedroom, 2-bathroom home offers a functional layout with high vaulted ceilings and a main living area that flows seamlessly into the dining space and kitchen. The kitchen features a quartz breakfast bar, textured wood cabinetry, and stainless steel appliances, providing a great foundation for future updates or personal touches. Step outside through the impact glass French doors to an oversized covered and screened patio, perfect for relaxing or entertaining, all overlooking the fully fenced backyard with a 2024 privacy fence, ideal for pets, kids, and added privacy. Major improvements have already been taken care of, including a 2024 roof and a recently installed tankless water heater, helping reduce big-ticket concerns for the next owner. Conveniently located just minutes from Publix, golf courses, restaurants, the river, and only 15 minutes to the beach, this home offers strong potential in a great location. If you're looking for a property with good bones, no HOA, and the opportunity to make it your own, this is one you won't want to miss. Conveniently located just minutes from Publix, golf courses, restaurants, the river, and only 15 minutes to the beach, this home offers strong potential in a great location. If you're looking for a property with good bones, no HOA, and room to make it your own, this is a great opportunity.

Listing activity

Days on market
161
Listed
Apr 21, 2026
MLS listing updated
8 hours ago
Feed last checked
8 minutes ago

Listed by Kate Ward · RE/MAX Gold

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0
Main-level bedrooms
2
Main-level bathrooms
3

Rooms & features

Rooms
3
Interior features
Cathedral Ceiling(s), High Ceilings, Kitchen Island, Vaulted Ceiling(s)
Flooring
Laminate, Wood
Appliances
Tankless Water Heater, Range, Cooktop, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
Laundry
In Garage
Fireplace
No
Furnished
Unfurnished
Other equipment
None

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
4
Covered spaces
2
Parking features
Attached, Attached Garage, Driveway, Garage, Garage Door Opener
Attached garage
Yes

Exterior

Stories
1
Building area
1,072 sqft
Exterior features
None
Fencing
Back Yard, Fenced, Perimeter, Privacy
Pool
No
View
Garden
Waterfront property
No

Lot

Lot size
13,504 sqft
Lot size (acres)
0.31 acres
Zoning
RS-10
Road responsibility
Public Maintained Road
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Architectural style
Ranch, Traditional
Year built
1987
New construction
No

Materials

Construction
Wood Frame
Roof
Shingle
Foundation
Concrete Perimeter
Property condition
Resale
Levels
One
Faces
South
Utilities & green energy

Utilities

Sewer
Septic Tank
Water
Public
Utilities
Electricity Connected, Sewer Not Available, Water Connected
Community & HOA

Community

Subdivision
SEBASTIAN HIGHLANDS UNIT 8
MLS area
6351 - Sebastian (IR)
MLS subarea
INRV - Indian River
Security
None
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Sebastian
County
Indian River
ZIP code
32958
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26018400
Possession
Close Of Escrow
Original list price
$312,500
Parcel number
313813000022020000390
Annual property tax
$4,070.06
Tax year
2025
Assessed value
$257,030
Tax legal description
SEBASTIAN HIGHLANDS UNIT 08 BLK 202 LOT 39 PBI 6-14
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1072
Construction Materials
Wood Frame
County Or Parish
Indian River
Days On Market
161
Direction Faces
South
Elementary School
Sebastian
Foundation Details
Concrete Perimeter
High School
Sebastian River
Laundry Features
In Garage
List Price
289000
Listing Contract Date
2026-04-21
Living Area
1072
Lot Size Acres
0.31
Lot Size Area
13504
MLSArea Major
6351 - Sebastian (IR)
MLSArea Minor
INRV - Indian River
Main Level Bathrooms
3
Main Level Bedrooms
2
Middle Or Junior School
Storm Grove
Mls Status
Active
On Market Date
2026-04-21
Parking Total
4
Photos Count
25
Postal Code
32958
Price Change Timestamp
2026-09-22T18:10:18Z
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Security Features
None
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-04-21T18:42:33Z
Stories Total
1
Subdivision Name
SEBASTIAN HIGHLANDS UNIT 8
Tax Assessed Value
257030
Water Source
Public
Tax Annual Amount
4070.06
Bathrooms Full
2
Pool Private
No
Bedrooms Total
3
Waterfront
No
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Apr 21, 2026ListedBeachesMLS$312,500$292/sqft
Sep 22, 2026Price reducedBeachesMLS$289,000$270/sqft

Public tax history

YearProperty taxesAssessment
2025$4,070$257,030

Payment calculator

Estimated monthly payment$1,984/moIllustrative estimate, not a loan offer.
Principal & interest
$1,500
Property taxes
$339
Insurance
$145
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

SEBASTIAN HIGHLANDS UNIT 8

Sebastian · Indian River County · 32958

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

SebastianElementary
—
Storm GroveMiddle
—
Sebastian RiverHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of RE/MAX Gold. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.