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$312,500 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 497 Melrose Ln
General
- Price: $312,500
- Taxes: $4,070 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: B26018400
- Updated: 4/21/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Kitchen Island, Living/Dining Room, Main Level Primary, Separate Shower
- Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Tankless Water Heater, Water Heater
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Other Rooms
- Laundry: In Garage
Additional Information
- Security/Safety: None
- Equipment: None
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Attached, Driveway, Garage, Garage Door Opener
Location
- County: Indian River
- Subdivision: SEBASTIAN HIGHLANDS UNIT 8
- Direction Faces: South
School Information
- Elementary School: Sebastian
- Middle School: Storm Grove
- High School: Sebastian River
Community
- Community Name: 6351 - Sebastian (IR)
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Sewer Not Available, Water Connected
Structural Information
- Architectural Style: Traditional
- Structure Type: House
- Construction: Wood Frame
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 1072
- Square Feet: 1,072
- Sq. Ft. Source: Public Records
- Living Area: 1,072 Sq. Ft.
- Year Built: 1987
- Property Condition: Resale
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.31
- Road Maintenance: Public Maintained Road
- Zoning: RS-10
- Fencing (Description): Perimeter, Privacy
Financial Considerations
- Assessment Amount: $257,030
- Tax Amount: $4,070.06
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Legal Description: SEBASTIAN HIGHLANDS UNIT 08 BLK 202 LOT 39 PBI 6-14
- Property ID: 313813000022020000390
Listed by RE/MAX Gold
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Schools
Schools serving 497 Melrose Ln
School District:Indian River County School District
| Name | Grades | Distance |
|---|---|---|
Sebastian Elementary School 400 Sebastian Boulevard, Sebastian, FL 32958 | PK-5 | 1.4 mi |
Storm Grove Middle School 6400 57th Street, Vero Beach, FL 32967 | 6-8 | 6.1 mi |
Sebastian River High School 9001 90th Avenue, Sebastian, FL 32958 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 497 Melrose Ln
Date
Details
Price
Change
Source
4/21/2026
Listed
$312,500
4.97%
MLS
9/06/2023
Sold
$297,700
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 497 Melrose Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,070
6%
$259,354
4%
2024
$3,850
-4%
$249,532
2%
2023
$4,021
14%
$245,736
20%
2022
$3,527
324%
$205,539
172%
2021
$832
—
$75,468
1%
2021
$832
1%
$74,426
4%
2018
$822
8%
$71,397
2%
2017
$762
-1%
$69,928
2%
2016
$767
-3%
$68,490
1%
2015
$792
-3%
$68,020
-7%
2019
$818
7%
$72,753
8%
2014
$761
2%
$67,490
1%
2013
$744
—
$66,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 497 Melrose Ln
497 Melrose Lane, Sebastian, FL 32958 (MLS# B26018400) is a Single Family property with 3 bedrooms and 2 full bathrooms. 497 Melrose Lane is currently listed for $312,500 and was received on April 21, 2026. Want to learn more about 497 Melrose Lane? Do you have questions about finding other Single Family real estate for sale in Sebastian? You can browse all Sebastian real estate or contact a Coldwell Banker agent to request more information.

