When was property at 5040 Pendelton Square built and last sold?

The property at 5040 Pendelton Square was built in 2017 and last sold on Nov 27, 2017 for $357,600.

How much is this home worth?

The estimated value of the home located at 5040 Pendelton Square is $533,217.

What are some comparable homes to 5040 Pendelton Square?

There are currently no comparable homes to 5040 Pendelton Square.

Indian River

32967

5040 Pendelton Square

Sold on Sep 3, 2026

Map

$505,000

● House - Off Market

5040 Pendelton Square

Vero Beach, FL 32967

3 Beds

2 Baths

2,094 Ft²

$3,362

Est. Monthly

$501

HOA / Fees

About This Property

Welcome home to this beautifully maintained Martin Ray model in The Lakes at Waterway Village. Built in 2017, this 3BR/2BA + den home offers 2,094 sq ft under air with peaceful lake views, tile throughout, and impact windows and doors. The open kitchen features white shaker cabinets, granite countertops, large island, and oversized pantry. Enjoy the screened lanai overlooking the lake. HOA includes lawn care, cable, internet, clubhouse, fitness center, tennis, pickleball, bocce, resort-style pool, and hot tub. Conveniently located near beaches, shopping, dining, and medical offices.

Unit Size

2,094 Ft²

Days on Market

105 days

Land Size

0.16 acres

Price per sqft

$244

Property Type

House

Property Taxes

$357

HOA Dues

$501

Year Built

2017

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Last updated: 26 days ago (Indian River #297529)

Price History

Date / Event	Date	Event
Sep 3, 2026	Sold	Premium
Sold
Jul 31, 2026	Sold	Premium
Sold
Jul 25, 2026	In contract	-
In contract
Jul 16, 2026	Price Decreased	$509,900 ↓ $19K (3.6%)
Price Decreased
Jun 4, 2026	Listed by RE/MAX Gold	$529,000
Listed by RE/MAX Gold

	Welcome home to this beautifully maintained Martin Ray model in the highly sought-after gated community of The Lakes at Waterway Village in Vero Beach. Built in 2017 and offering 2,094 square feet under air, this 3-bedroom, 2-bathroom home with a den showcases peaceful lake views, thoughtful upgrades, and an ideal Florida lifestyle. From the moment you step inside, you'll appreciate the tile flooring throughout, impact windows and doors, and the light and bright open-concept design. The spacious kitchen is the heart of the home, featuring white shaker cabinetry, granite countertops, a large center island perfect for entertaining, built-in microwave, pull-out trash drawers, oversized pantry, and a convenient butler pantry area for additional storage and prep space.
May 21, 2026	Listed by RE/MAX Gold	$529,000
Listed by RE/MAX Gold
Nov 29, 2017	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2017

Effective Year Built: 2017
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: 0
Building Quality: 1
Construction Type: 0
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Parking Type: 5
Garage Type: 1
Garage Square Area: 410
Parking Space Count: 0
Patio Type: 11
Porch Type: 102
Pool Type: 0
Location Influence Type: 71

Dimensions

Lot Size Square Feet: 6,970

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 502
Total Building Area: 2,504
Gross Building Area: 2,504
Building Area: 2,094
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,094
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKES AT WATERWAY VILLAGE PD PLAT 2A-2
Land Acres: 0000000160
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: LAKES AT WATERWAY VILLAGE PD PLAT 2A-2 LOT 113L PBI 28-74

Neighborhood

School District Name: Indian River County School District

Census Tract: 050811

Zoning

Zoning: PD

Geography

Parcel: 32-39-21-00013-0000-00113.0

Lot: 113L
Meridian: SEC 21 TWN 32S RNG 39E
Municipality: UNINCORPORATED
Latitude: 27.6844
Longitude: -80.431

Address

Full Address: 5040 Pendelton Sq

Address - House Number: 5040
Address - Street Name: Pendelton
Address - Suffix Type: Sq
State: FL
City Name: Vero Beach
Carrier Code: R052
4-Digit Zip Code: 7617
Zip Code: 32967

Valuation

Tax

Tax Year: 2022

Tax Amount: $367,945
Tax Rate Code Area: 7

Appraisal Valuation

Standard Deviation: 0.1883

Valuation Date: Jan 03, 2024
Confidence Score: 75
Final Value: 580,121
High Value: 689,373
Low Value: 470,869

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $373,701

Market Land Value: $38,250
Market Improvement Value: $335,451

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $289,604

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 27, 2017

Current Sale Recording Date: Nov 29, 2017
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120170068306

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Indian River

Stats & Trends

Median Asking:

$390,450

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

Average Home Size

1957 ft²

Average Home Age

28.6 years

Currently For Sale

1642 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$3,200 /mo

3 Beds
2 Baths
1,643 ft²

4920 48th Place, Vero Beach, FL, 32967 Listing by Kathy Kowalski

Unit for rent at 4365 27th Avenue, Vero Beach, FL, 32967

$1,500 /mo

1 Bed
1 Bath
1,130 ft²

4365 27th Avenue, Vero Beach, FL, 32967 Listing by Renato Fernandes Vargas

Unit for rent at 5574 55th Avenue, Vero Beach, FL, 32967

$3,500 /mo

5 Beds
4 Baths
3,374 ft²

5574 55th Avenue, Vero Beach, FL, 32967 Listing by Vanessa Leavis

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kate E Ward, RE/MAX Gold
Last Updated: 26 days ago
Data Source: RAIRC, MLS# 297529

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.