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$309,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,072 Sq. Ft.
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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.

Full Property Details for 497 Melrose Ln

General

  • Price: $309,000
  • Taxes: $4,070 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1075281
  • Updated: 7/22/2026
  • Added to Site: 140 day(s) ago

Interior

  • Interior Features: Kitchen Island
  • Appliances: Electric Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Furnishings: Unfurnished
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Porch/Patio/Deck: Patio, Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage

Location

  • Area: 904 - Indian River
  • County: Indian River
  • Subdivision: None
  • Driving Directions: From I 95, head east on 512/Sebastian Blvd, make a Right on Melrose, home will be on the Right
  • Direction Faces: South

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central
  • Water Heater: Tankless

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Sewer Not Available

Structural Information

  • Architectural Style: Traditional
  • Exterior Const.: Frame
  • Roof: Tile
  • Stories/Levels: 1
  • Square Feet: 1,072
  • Living Area: 1,072 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1987
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,504
  • Lot Dimensions: 142.0 ft x 111.0 ft
  • Lot Features: Few Trees
  • Fencing (Description): Full

Financial Considerations

  • Price Per Sq. Ft.: $288.25
  • Tax Amount: $4,070.06
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: In Foreclosure
  • Property ID: 31381300002202000039

Listed by RE/MAX Gold

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Listing agent

— 497 Melrose Ln —

  • RE/MAX Gold

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 497 Melrose Ln

School District:Indian River County School District
NameGradesDistance
Sebastian Elementary School
400 Sebastian Boulevard, Sebastian, FL 32958
PK-51.4 mi
Storm Grove Middle School
6400 57th Street, Vero Beach, FL 32967
6-86.1 mi
Sebastian River High School
9001 90th Avenue, Sebastian, FL 32958
9-122.6 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Price Reduced
$309,000
-1.12%
MLS
4/21/2026
Listed
$312,500
4.97%
MLS
9/06/2023
Sold
$297,700
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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497 Melrose Lane, Sebastian, FL 32958 (MLS# 1075281) is a Single Family property with 3 bedrooms and 2 full bathrooms. 497 Melrose Lane is currently listed for $309,000 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.

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