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$599,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,023 Sq. Ft.
  • Updated 1 day ago
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Back on the market after a whole house re-pipe! Tucked away on nearly an acre in the heart of town this one of a kind courtyard pool home offers the perfect blend of privacy, character & convenience. Centered around a stunning screened courtyard w/ a sparkling pool, the home embraces FL living at its finest w/ seamless indoor-outdoor spaces for maximum year-round enjoyment. The picturesque lake creates a peaceful backdrop & the expansive property provides room to roam. 2019 roof. 2024 AC. Minutes from shopping, dining and beaches. Full of warmth & charm- this home is anything but ordinary. 3 Beds plus an office, 2 Baths, 2 car Garage.

Full Property Details for 1016 48th Terrace

General

  • Price: $599,000
  • Taxes: $5,561 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: B26055571
  • Updated: 8/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Attic, Built-in Features, Kitchen Island, Living/Dining Room, Other, Pull Down Attic Stairs, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
  • Furnishings: Unfurnished
  • Flooring: Carpet, Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 3

Other Rooms

  • Laundry: In Garage, Laundry Tub, Sink

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Free Form, In Ground, Other, Private, Screen Enclosure
  • Spa: Yes
  • Spa Description: Above Ground, Heated

Exterior

  • Exterior Features: Courtyard, Outdoor Living Area, Porch
  • Porch/Patio/Deck: Covered, Patio, Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 8
  • Parking Features: Attached, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener

Location

  • County: Indian River
  • Subdivision: BANYAN ACRES
  • Driving Directions: 43rd Avenue to west on 9th place to stop sign at 48th Avenue. Take a right on 48th Avenue to stop sign, left on 10th Street which turns into 48th Terrace. Home in cul-de-sac
  • Direction Faces: South

School Information

  • Elementary School: Glendale
  • Middle School: Storm Grove
  • High School: Vero Beach

Community

  • Community Name: 6342 - County Southwest (IR)
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Connected, Underground Utilities, Water Connected

Structural Information

  • Architectural Style: Ranch
  • Structure Type: House
  • Construction: Frame
  • Roof: Metal
  • Doors: French Doors
  • Entry Floor Number: 1
  • Entry Location: 1
  • Stories/Levels: 1
  • Building Size: 3251
  • Square Feet: 2,023
  • Sq. Ft. Source: Public Records
  • Living Area: 2,023 Sq. Ft.
  • Year Built: 1978
  • Property Condition: Resale

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Lake, Pond, Pool, Water
  • Lot Size (Acres): 0.83
  • Lot Dimensions: 231 x 156
  • Frontage: Private Road, Other
  • Road Maintenance: Private Maintained Road
  • Lot Features: Cul-De-Sac, None, Oversized Lot
  • Zoning: RS-3
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lake Front, Pond
  • Water Front View: Lake Front, Pond
  • Lake Front: Yes

Financial Considerations

  • Assessment Amount: $419,212
  • Tax Amount: $5,561.15
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: BANYAN ACRES LOT 4 PBI 9-31
  • Property ID: 333909000120000000040

Listed by Keller Williams Realty of VB

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Listing agents

— 1016 48th Terrace —

  • Keller Williams Realty of VB

  • Keller Williams Realty of VB

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1016 48th Terrace

School District:Indian River County School District
NameGradesDistance
Glendale Elementary School
4940 8th Street, Vero Beach, FL 32968
PK-50.2 mi
Storm Grove Middle School
6400 57th Street, Vero Beach, FL 32967
6-85.5 mi
Vero Beach High School
1707 16th Street, Vero Beach, FL 32960
9-122 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 1016 48th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/27/2026
Price Reduced
$599,000
-4.16%
MLS
7/23/2026
Listed
$625,000
28.87%
MLS
5/30/2023
Sold
$485,000
—
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 1016 48th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,561
7%
$407,002
3%
2024
$5,195
-10%
$395,532
-12%
2023
$5,798
26%
$450,182
47%
2021
$4,600
-13%
$305,805
-24%
2022
$5,282
15%
$402,295
38%
2021
$4,600
4%
$292,568
6%
2019
$4,413
8%
$274,747
10%
2018
$4,086
8%
$249,770
5%
2017
$3,772
8%
$238,598
8%
2016
$3,507
9%
$221,170
18%
2015
$3,230
3230%
$187,660
17%
2014
$97
10%
$160,040
1%
2013
$88
—
$157,680
—
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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Listed by Keller Williams Realty of VB

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1016 48th Terrace, Vero Beach, FL 32966 (MLS# B26055571) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 1016 48th Terrace is currently listed for $599,000 and was received on August 20, 2026. Want to learn more about 1016 48th Terrace? Do you have questions about finding other Single Family real estate for sale in Vero Beach? You can browse all Vero Beach real estate or contact a Coldwell Banker agent to request more information.

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