


↓ Price reduced $20,000 on Sep 22, 2026
497 Melrose Lane, Sebastian, FL 32958
- Beds
- 3
- Baths
- 2
- Sqft
- 1,072
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Apr 21, 2026 | ListedBeachesMLS | $312,500$292/sqft |
| Sep 22, 2026 | Price reducedBeachesMLS | $289,000$270/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $4,070 | $257,030 |
Payment calculator
- Principal & interest
- $1,500
- Property taxes
- $339
- Insurance
- $145
- Association dues
- $0
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Neighborhood
Area
SEBASTIAN HIGHLANDS UNIT 8Sebastian · Indian River County · 32958
Climate risk
—No licensed climate-risk source is connected.
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