$284,000
497 Melrose Lane
Sebastian, FL 32958
MLS# B26018400
3 beds  |  2 baths  |  1072 sqft


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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.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-04-21
Status: Active
Original List Price: 312500
List Price: $284,000
Current Price: $284,000
Negotiable Seller Concessions YN: Yes
Occupant Type: Vacant
Listing Service: Full Service
Seller Represented YN: Yes
Location and Legal
Country: United States
County Or Parish: Indian River
Street Number: 497
Street Name: Melrose
Street Suffix: Lane
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 32958
Postal Code +4: 4940
Subdivision Name: SEBASTIAN HIGHLANDS UNIT 8
Area: 6351 - Sebastian (IR)
Geographic Area: INRV - Indian River
Elementary School: Sebastian
Middle Or Junior School: Storm Grove
High School: Sebastian River
Special Assessment YN: No
Parcel Number: 313813000022020000390
Subdivision Number: 30000
Zoning: RS-10
Flood Zone: X
Multiple Offers Accepted: Yes
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1072
Building Area Source: Public Records
Living Area Main: 1072
Living Area Source: Public Records
Accessibility Features YN: No
Year Built: 1987
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 4
Gated Community YN: No
Lot Size Area: 13504
Lot Size Acres: 0.31
Senior Community YN: No
Land Lease YN: No
Recreation Lease YN: No
Guest House YN: No
Stories Total: 1
Stories: 1
Direction Faces: South
Fireplace YN: No
Pool Private YN: No
Green Verification YN: No
Furnished: Unfurnished
Year Roof Installed: 2024
LP/Assessed Value: 1.1
Financial Information
Application Required YN: No
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 4070.06
Tax Year: 2025
Tax Assessed/SOH Value: 257030
Tax Legal Description: SEBASTIAN HIGHLANDS UNIT 08 BLK 202 LOT 39 PBI 6-14
Assessor Market Value: 257030
Leasing Permitted Details
Leasing Permitted YN: Yes
Parking Information
Open Parking Spaces: 2
Co-Ownership
Property Management YN: No
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 2
Pet Details
Pet Fee YN: No
Price Calculations
Current Price To SqFt: 269.58
Status Change Information
Major Change Timestamp: 2026-10-05T16:59:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-10-05T16:59:13Z
Status Change Date: 2026-04-21
Originating Details
Originating System Key: 20260421181405035436000000
Originating System ID: M00000170
Property Features
Dining Area: Dining/Living Room
Exterior Features: None
Flooring: Laminate; Wood
Foundation Details: Concrete Perimeter
Parking Features: Driveway; Garage Door Opener; Attached; Attached Garage; Garage
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator; Water Heater; Cooktop; Range
Water Heater Details: Tankless Water Heater
Architectural Style: Ranch; Traditional
Construction Materials: Wood Frame
Cooling: Ceiling Fan(s); Central Air
Fencing: Back Yard; Fenced; Perimeter; Privacy
Heating: Central
Interior Features: Cathedral Ceiling(s); French Doors; High Ceilings; Kitchen Island; Vaulted Ceiling(s)
Laundry Features: In Garage
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Main Living Area: Entry Level
Other Equipment: None
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Responsibility: Public Maintained Road
Roof: Shingle
Security Features: None
Sewer: Septic Tank
Special Information: Sold As-Is
Sprinkler Description: None
Structure Type: House
Tax Information: County Only
Utilities: Electricity Connected; Sewer Not Available; Water Connected
View: Garden
Water Source: Public
Showing Requirements: Sign On Property
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Supplements
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.
Room Information
Room Name
Kitchen
Living Room
Master Bedroom

IDX
Listing Office: RE/MAX Gold
Source MLS Verified

Last Updated: October - 05 - 2026

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