497 Melrose Lane
Sebastian, FL 32958
$309,000
$288/ft²
About this home
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.
Property details
Listing
- MLS #
- B26018400
- Status
- For sale
- Listed on
- Apr 21, 2026
- Days on market
- 111 days
- Listing data updated
- Aug 7, 2026
Interior
- Beds
- 3
- Baths
- 2
- Living area
- 1,072 ft²
- Price per ft²
- $288/ft²
Building & community
- Type
- Single-family home
- Year built
- 1987
- County
- Indian River
Lot & exterior
- Lot size
- 13,504 ft²
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $1,562
- Property taxes (est.)
- $283
- Home insurance (est.)
- $317
- Flood insurance (est.)
- —
Estimated total$2,162*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$1,562/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of RE/MAX Gold.
Kate Ward · 772-342-4006 · kateward772@gmail.com · 772-607-9600
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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