$1,949,000
250 Lanternback Island Drive, Satellite Beach, Fl 32937
Satellite Beach, FL 32937
Listing updated: May 26, 2026 at 5:01 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
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.
Local Insight
This 1989 waterfront home sits in Satellite Beach's most restrictive zoning environment, meaning your oceanfront views and low-density neighborhood character are genuinely protected by law—that's the real value proposition here, not the $420/sqft price tag. At nearly 35 years old with 4,637 square feet, you're paying for location and permanence rather than a newer build, so factor in what updates the home actually needs beyond the pool. The 0.38-acre lot is modest for the price, so this is fundamentally about the waterfront position and Satellite Beach's ironclad commitment to staying low-rise when comparable oceanfront communities have gone vertical.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price reduced$1,949,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Tortoise Island Ph 4 Pud
- County
- Brevard
- Year built
- 1989
- Living area
- 4,637 sq ft
- Price/sq ft
- $420
- Building area
- 0 sq ft
- Lot size
- 16,553 sq ft
- Garage
- 2 spaces
- Pool
- Private pool
- MLS #
- 1066767
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Half bathrooms
- 1
Parking
- Garage spaces
- 2
Exterior & Construction
- Pool
- Private pool
- Waterfront
- Yes
Listing Details
- Original list price
- $1,999,000
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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Based on information submitted to the MLS GRID as of May 26, 2026 at 5:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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