$1,970,000
$29K PRICE DROP

124 Lanternback Island Dr Satellite Beach, FL 32937

Estimated payment $11,753/month

Total Views 108,885
5 Beds
4.5 Baths
4,834 Sq Ft
$408 Price per Sq Ft

Highlights

  • Docks
  • Home fronts navigable water
  • Boat Lift
  • Sea Park Elementary School Rated 9+
  • River Access
  • Community Boat Launch

About This Home

A rare gem on the Grand Canal, nestled in the heart of wide open turn basin. Supreme privacy from canal neighbors with widest part of the Grand Canal to the east and expansive park to the west. Nearly 5,000 sq. ft. under air. This home with huge windows & doors brings glorious outside in. Downstairs is open plan with 4 Versatile living areas. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Bonus room for office/teen hangout/TV room/or even 6th bedroom. Privately, on the south end, is a large bedroom w own entrance & bathroom opposite, perfect for guests. Upstairs, sweeping owner's suite is privately positioned at one end of the home. Primary +2 MORE bedrooms lead to NEWLY INSTALLED wood decks & gorgeous views! 4th Bedroom has en suite. Boaters' paradise includes a covered boat dock with electric lift & close access to the main river. WATCH THE 'FROM THE DOCK' virtual tours!

Listing Agent

Jill Wallace

RE/MAX Elite License #3038282 Listed on: 02/22/2025

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,266

Year Built

  • Built in 1989

Lot Details

  • 0.47 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Property fronts a private road
  • East Facing Home
  • Fenced
  • Wooded Lot
  • Zoning described as PUD

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Tile Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 4,834 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Instant Hot Water

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • High Impact Windows

Eco-Friendly Details

  • Energy-Efficient Hot Water Distribution

Outdoor Features

  • In Ground Pool
  • River Access
  • No Fixed Bridges
  • Boat Lift
  • Docks
  • Balcony
  • Patio
  • Terrace
  • Fire Pit

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Propane
  • Well
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-22-80-00007.0-0054.00

Community Details

Overview

  • Association fees include insurance, ground maintenance, security
  • Tortoise Island HOA, Phone Number (321) 773-7573
  • Tortoise Island Ph 4 Pud Subdivision
  • Maintained Community
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Boat Launch
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • 24-Hour Security
  • 24 Hour Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,266

Year Built

Built in 1989

Lot Details

0

HOA Fees

$318 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Upper Level
  • ResoLotFeatures: Easement Access, Greenbelt, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Canal, Other
  • Water Body Name: Grand Canal
  • ResoSecurityFeatures: 24 Hour Security, Gated with Guard, Security Gate
  • Reso Association Amenities: Basketball Court, Boat Launch, Clubhouse, Fitness Center, Gated, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Pickleball, Playground, Pool, Sauna, Tennis Court(s)
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 4 PUD
  • Architectural Style: Multi Generational, Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Water Heater
  • Financial Info Electric: 220 Volts
  • Location Tax and Legal Parcel Number2: 26-37-22-80-00007.0-0054.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 11265.9
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 4834.0
  • General Property Information Building Area Total3: 6126.0
  • General Property Information Lot Size Acres: 0.47
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Association Phone: 321-773-7573
  • Interior Features Guest Suite: Yes
  • Utilities Propane3: Yes
  • Security Features Gated with Guard: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Interior Features Jack and Jill Bath: Yes
  • ViewCanal: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Location Tax and Legal Zoning Description2: PUD
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Cooling Multi Units: Yes
  • Green Water Conservation Efficient Hot Water Distribution: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Waterfront Features No Fixed Bridges: Yes
  • General Property Information Stories2: 2
  • Road Frontage Type Private Road: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: First
  • Electric 220 Volts: Yes
  • Security Features 24 Hour Security: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Jack and Jill Bath, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, ENERGY STAR Qualified Water Heater, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Stories: 2
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Instant Hot Water: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes
  • Appliances:Wine Cooler: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Room Types Bedroom 1 Level: Second
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Balcony, Dock, Fire Pit, Boat Lift, Impact Windows, Storm Shutters
  • Pool Features: In Ground, Other
  • Roof: Tile
  • Fencing: Fenced, Other
  • Acres: 0.47
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access, No Fixed Bridges
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Terrace
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Canal Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes
  • Patio And Porch Features:Terrace: Yes
  • Lot Features:Greenbelt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Propane
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 318.0
  • Association Fee Frequency: Monthly
  • Association Name: Tortoise Island HOA
  • Phone: 321-773-7573
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Tortoise Island HOA
  • General Property Information:Association Fee: 318.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Boat Launch: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Pickleball: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606913
  • Parcel #: 26-37-22-80-00007.0-0054.00
  • Zoning Description: PUD

Green Features

  • Green Water Conservation: Efficient Hot Water Distribution
  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11265.9

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,186 $924,320 -- --
2023 $11,186 $897,400 $0 $0
2022 $10,455 $871,270 $0 $0
2021 $11,055 $845,900 $0 $0
2020 $11,077 $834,230 $325,000 $509,230
2019 $12,370 $870,090 $325,000 $545,090
2018 $12,458 $852,490 $300,000 $552,490
2017 $12,004 $790,550 $275,000 $515,550
2016 $11,419 $711,250 $240,000 $471,250
2015 $11,633 $660,000 $240,000 $420,000
2014 $12,534 $735,340 $240,000 $495,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Price Changed $1,970,000 -1.5% $408 / Sq Ft
02/22/2025 02/22/25 For Sale $1,999,000 +257.0% $414 / Sq Ft
12/16/2013 12/16/13 Sold $560,000 -29.9% $123 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $799,000 -- $176 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 Prestige Title Brevard Llc
Warranty Deed -- Attorney
Warranty Deed $485,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Previous Owner $140,000 New Conventional
Previous Owner $120,000 Credit Line Revolving
Previous Owner $431,650 No Value Available
Source: Public Records

About the Listing Agent

Jill Wallace

RE/MAX Elite

(321) 220-3702

Section Image

Jill and Athol Wallace are dedicated professionals who believe that their clients deserve to expect the best! Athol is a seasoned business professional (MBA) and Jill cut her teeth as a rookie awarded MVP of Prudential Doss Real Estate in 1993, sold for Coldwell Banker Stevens for 5 years in Northern Virginia, was a Property Specialist overseeing, guiding realtors and assessing appraisals nationally for a relocation company and since 2022, holding a license, along with Athol in Brevard County

Jill's Other Listings

  • 2351 Shenandoah Rd NE, Palm Bay, FL 32905

    $229,999

    • 3 Beds
    • 2 Baths
    • 1,724 Sq Ft
    • 2351 Shenandoah Rd NE
    • Palm Bay, FL

    r***GREAT PRICE...WOW! this delightful, sprawling home in a QUIET NEIGHBORHOOD has curb appeal, wide frontage & blue pagoda. All-tile home with sunny front room/living/family room with loads of windows. Ahead a small dinette area and galley kitchen. Wheelchair ramp down to 9x12 freshly painted porch. Left- 2 good-sized bedrooms and a tidy bathroom. Right -at front door, a fabulous bonus room sits

    Jill Wallace RE/MAX Elite

    Section Image
  • 176 Sand Dollar Rd, Indialantic, FL 32903

    $535,000 Sold Jul 25, 2025

    • 5 Beds
    • 3 Baths
    • 2,501 Sq Ft
    • 176 Sand Dollar Rd
    • Indialantic, FL

    PRICED TO SELL! LOCATION, LOCATION, LOCATION in the Heart of Indialantic! Nestled just off prestigious Riverside Drive, this spacious 5-bedroom, 3-bathroom home sits on over 1⁄4 acre, offering a combination of character, comfort, and potential. With a split-bedroom layout and generous living spaces, this home is move-in ready while you add your own style. A seamless flow between the living,

    Jill Wallace RE/MAX Elite

  • 2631 Vining St, Melbourne, FL 32904

    $385,000 Sold Sep 05, 2025

    • 3 Beds
    • 2 Baths
    • 1,578 Sq Ft
    • 2631 Vining St
    • Melbourne, FL

    A gem of a pool home with a larger-than-usual back yard! Great open floorplan with soaring vaulted ceilings and split bedrooms just a skip away from A+ schools! Beautifully cared for, with updated owner's shower. Kitchen has Corian-type countertops and 42'' wood cabinets. Exterior painted 2022. Roof & pool screen new in 2023. AC 2 years new! Pool is a huge 22 x 24 ft with 3ft in shallow and 7ft

    Jill Wallace RE/MAX Elite

  • 903 Rosalind Place, Melbourne, FL 32904

    $374,000 Sold Jun 20, 2025

    • 4 Beds
    • 3 Baths
    • 1,963 Sq Ft
    • 903 Rosalind Place
    • Melbourne, FL

    4 Bedroom 3 Bathroom in GORGEOUS WESTBROOKE with community with pool is now UNDER $400K! Wow! Just a block from A+ Schools and a skip away from basket ball, volley ball & kids park close by. A rare ONE STORY 4 BEDROOM 3 BATHROOM home with a picturesque lake view on a larger than normal lot. Come home to easy living with tile floors and brand new soft grey laminate in all bedrooms. Cool! Separate

    Jill Wallace RE/MAX Elite

  • 2672 Vining St, Melbourne, FL 32904

    $357,500 Sold May 06, 2025

    • 3 Beds
    • 2 Baths
    • 1,572 Sq Ft
    • 2672 Vining St
    • Melbourne, FL

    INVITE BACK-UP OFFERS! Lakefront gem in popular Westbrooke feels like you're on vacay 24/7/365! High & Dry on the subdivision's biggest lake! FOUR BRAND NEW STAILESS STEEL APPLICANCES! WOW! Such PRIVACY in this open & airy home with SPECTACULAR LAKEFRONT views. You can always change a home's interior to suite your style, BUT YOU CANNOT CHANGE YOUR LOCATION! LOCATION! LOCATION! It's the #1 reason

    Jill Wallace RE/MAX Elite

  • 556 Bernardo Ave NE, Palm Bay, FL 32907

    $350,000 Sold Apr 24, 2025

    • 3 Beds
    • 2 Baths
    • 2,192 Sq Ft
    • 556 Bernardo Ave NE
    • Palm Bay, FL

    OMG! A POOL HOME FOR THIS $??? I look fabulous. I have classy features like triple arches as you walk in, glorious sunburst window above the double entry doors, rounded corners & great big windows. Living room & formal dining could be study with pool view! Kitchen is open to breakfast nook & HUMONGOUS Great Room with high ceilings & elegant plantation shutters. Luxury owners suite NEW carpet and

    Jill Wallace RE/MAX Elite

  • 1631 Cranfield Terrace SE, Palm Bay, FL 32909

    $385,000 Sold Aug 08, 2025

    • 3 Beds
    • 2 Baths
    • 2,085 Sq Ft
    • 1631 Cranfield Terrace SE
    • Palm Bay, FL

    SUPER & Spacious Pool Home on THIRD OF AN ACRE + a GREAT DEAL! Here's a gem with a resurfaced pool & HUGE yard close to Bayside Lakes with all the sexy and without an HOA! High and dry with an extended driveway great for RV. Was to be a Forever Home so bells and whistles were added. Floors are tile throughout. Split bedrooms with primary bedroom, bathroom ensuite with shower separated by a barn

    Jill Wallace RE/MAX Elite

  • 3251 Toledo Ave, Palm Bay, FL 32908

    $31,500 Sold Mar 12, 2025

    • Land
    • 0.23 Acre Lot
    • 3251 Toledo Ave
    • Palm Bay, FL

    Great lot in area of newer homes. Build your dream home HERE! Backs to private road and canal. GREAT for privacy. Hurry!

    Jill Wallace RE/MAX Elite

  • 1208 Briarcliff Ct, Sebastian, FL 32958

    $335,000 Sold May 19, 2025

    • 3 Beds
    • 2 Baths
    • 1,577 Sq Ft
    • 1208 Briarcliff Ct
    • Sebastian, FL

    HURRY! LOWEST PRICE IMAGINABLE! Enjoy Peace of Mind in the gated community of Ashbury with sparkling pool and clubhouse. Marvel at the delightful stone-accented home on a rare and private lot on the cul-de-sac. Peace of mind with hurricane-resistant windows! Rare lot with common area on one side giving you extra privacy. Enjoy a gorgeous extended screened porch - over 600 sq. ft. bordered by a

    Jill Wallace RE/MAX Elite

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1038019

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-80-00007.0-0054.00