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South Patrick Shores 32937 Tortiose
250 Lanternback Island Drive
$1,795,000
↓ $79K (4.2%)
● House - For Sale

250 Lanternback Island Drive

Satellite Beach, FL 32937
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,637 Ft²
$9,955
Est. Monthly
$355
HOA / Fees

About This Property

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.
Unit Size
4,637 Ft²
Days on Market
85 days
Land Size
0.38 acres
Price per sqft
$387
Property Type
House
Property Taxes
$786
HOA Dues
$355
Year Built
1989

Listed By

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Last updated: 15 days ago (Space Coast MLS #1083036)

Price History

Date / Event Date Event Price
Oct 1, 2026 Price Decreased $1,795,000
↓ $79K (4.2%)
Price Decreased
Jul 22, 2026 Listed by ZOOM Realty Group LLC $1,874,000
Listed by ZOOM Realty Group LLC
Mar 27, 2026 Price Decreased $1,949,000
↓ $50K (2.5%)
Price Decreased
Jan 16, 2026 Listed by ZOOM Realty Group LLC $1,999,000
Listed by ZOOM Realty Group LLC
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.
Jan 13, 2004 Sold
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Guest Suite, Jack and Jill Bath, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Freezer, Ice Maker, Microwave, Refrigerator, Washer, Washer/Dryer Stacked, Wine Cooler
Flooring Type: Carpet, Tile, Wood
Laundry Features: In Unit
Has Fireplace
Fireplaces: 2
Exterior Details
Square Footage: 4637
Square Footage Source: $0
Security Features: 24 Hour Security, Gated with Guard, Security Gate
Architectural Style: Traditional, Multi Generational
Year Built: 1989
Waterfront Features: Canal Front, Navigable Water, River Access
Waterbody Name: Grand Canal
Levels: Two
Construction Materials: Brick, Frame, Stucco
Patio and Porch Features: Deck, Front Porch, Rear Porch, Terrace
Pool Features: In Ground, Waterfall
Pool is Private
Lot Features: Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16553
Water Source: Public
Financial Details
Tax Annual Amount: $9,430
Utilities Details
Cooling Type: Central Air, Multi Units
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Security
HOA/Condo/Coop Amenities: Boat Dock, Clubhouse, Fitness Center, Gated, Jogging Path, Maintenance Grounds, Management, Playground, Pool, Security, Storage, Tennis Court(s), Other, Boat Launch, Pickleball
HOA Fee: $355
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 74
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 75

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 6,135
  • Gross Building Area: 6,135
  • Building Area: 4,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TORTOISE ISLAND PH 4 P.U.D.
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: TORTOISE ISLAND PH 4 P.U.D. LOT 33 BLK 7

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066900

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 248
  • Account Number: 2606892
  • Subdivision Phase Number: 4
  • Parcel: 26-37-22-80-00007.0-0033.00
  • Block: 7
  • Lot: 33
  • Meridian: SEC 22 TWN 26S RNG 37E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2101
  • Longitude: -80.614

    Address

  • Full Address: 250 Lanternback Island Dr
  • Address - House Number: 250
  • Address - Street Name: Lanternback Island
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satellite Beach
  • Carrier Code: C028
  • 4-Digit Zip Code: 4705
  • Zip Code: 32937

Valuation

    Tax

  • Total Area: 4,195
  • Tax Year: 2022
  • Tax Amount: $825,855
  • Tax Rate Code Area: 4100

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 1,494,314
  • High Value: 1,753,080
  • Low Value: 1,235,548

    Market Valuation

  • Market Total Value: $1,278,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $682,230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2004
  • Current Sale Recording Date: Jan 13, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004010435
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tortiose


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Frequently Asked Questions

When was property at 250 Lanternback Island Drive built and last sold?
The property at 250 Lanternback Island Drive was built in 1989 and last sold on Jan 8, 2004 for $599,000.
How much is this home worth?
The estimated value of the home located at 250 Lanternback Island Drive is $1,812,950.
What are some comparable homes to 250 Lanternback Island Drive?
There are currently no comparable homes to 250 Lanternback Island Drive.