$529,000
5040 Pendelton Square, Vero Beach, Fl 32967
Vero Beach, FL 32967
Listing updated: June 9, 2026 at 6:59 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
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.
Local Insight
At $253/sqft for a 2017 waterfront home, you're looking at solid value for Vero Beach's barrier island where strict development controls keep supply tight, though at 0.16 acres the lot is tight and you'll want to verify what waterfront access you actually get and whether it's lagoon or ocean-side. The three-bed layout works for a second home or downsizer, but seriously inspect how the 2,094 sqft feels in person since newer construction in Vero can sometimes prioritize open floor plans over livable room sizes. No HOA is a real plus in this market—factor that into your true cost comparison against similar listings that carry those fees.
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 increased$529,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- None
- County
- Indian River
- Year built
- 2017
- Living area
- 2,094 sq ft
- Price/sq ft
- $253
- Building area
- 0 sq ft
- Lot size
- 6,970 sq ft
- Garage
- 2 spaces
- MLS #
- 1079126
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
Parking
- Garage spaces
- 2
Exterior & Construction
- Waterfront
- Yes
Listing Details
- Original list price
- $529,000
Location
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