How much is 497 Melrose Lane?

497 Melrose Lane is listed at $289,000, which is about $270 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 497 Melrose Lane?

The listing reports annual property taxes of $4,070 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 497 Melrose Lane built?

497 Melrose Lane was built in 1987 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 497 Melrose Lane been on the market?

497 Melrose Lane has been listed for 155 days, and the asking price has been reduced from $312,500. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 497 Melrose Lane?

The MLS lists Sebastian (elementary), Storm Grove (middle), Sebastian River (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 497 Melrose Lane?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

497 Melrose Lane, Sebastian, FL 32958

$289,000 · Active

3 beds
2 baths
1,072 sq ft
Single Family Residence
Built 1987
Lot 13,503.6 sq ft
MLS# B26018400
Sebastian Highlands Unit 8

melrosefrontyard at 497 Melrose Lane, Sebastian

melrose 2 at 497 Melrose Lane, Sebastian

melrose 4 at 497 Melrose Lane, Sebastian

melrose13 at 497 Melrose Lane, Sebastian

About this home

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.

Features

Cathedral Ceiling(s)
High Ceilings
Kitchen Island
Vaulted Ceiling(s)

Schools

Elementary: Sebastian
Middle: Storm Grove
High: Sebastian River

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

RE/MAX Gold · Listing agent: Kate Ward

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 497 Melrose Lane.

Questions About 497 Melrose Lane

How much is 497 Melrose Lane?: 497 Melrose Lane is listed at $289,000, which is about $270 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 497 Melrose Lane?: The listing reports annual property taxes of $4,070 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 497 Melrose Lane built?: 497 Melrose Lane was built in 1987 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 497 Melrose Lane been on the market?: 497 Melrose Lane has been listed for 155 days, and the asking price has been reduced from $312,500. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 497 Melrose Lane?: The MLS lists Sebastian (elementary), Storm Grove (middle), Sebastian River (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 497 Melrose Lane?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

Explore

Similar Homes Nearby

436 Tunison Lane, Sebastian, FL 32958 · $349,000 · 3 bd · 2 ba · 1,297 sq ft
326 Belfast, Sebastian, FL 32958 · $285,000 · 2 bd · 2 ba
873 LANCE Street, Sebastian, FL 32958 · $299,000 · 3 bd · 2 ba · 1,420 sq ft
642 Nobles Street, Sebastian, FL 32958 · $275,000 · 2 bd · 2 ba · 1,641 sq ft

Recently Sold Nearby

919 Landsdowne Drive, Sebastian, FL 32958 · Sold $357,500 · 4 bd · 3 ba · 1,854 sq ft
1049 Phelps Street, Sebastian, FL 32958 · Sold $289,000 · 2 bd · 2 ba · 1,104 sq ft
110 Cardinal Drive, Sebastian, FL 32958 · Sold $295,000 · 3 bd · 2 ba · 1,545 sq ft
226 Del Monte Road, Sebastian, FL 32958 · Sold $295,000 · 2 bd · 2 ba · 1,265 sq ft

Explore Nearby

Nearby Cities

Nearby ZIP Codes

The 3 bedroom home at 436 Tunison Lane, Sebastian, FL 32958 is comparable and listed for sale at $349,000. Another comparable home, 919 Landsdowne Drive, Sebastian, FL 32958, sold for $357,500 in August 2026. Nearby ZIP codes include 32960 and 32962. This property also neighbors Vero Beach and Fort Pierce. Compare it with the Sebastian housing market report.