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Slice RealtyPropiedad Futura

$269,000

3 bd · 2 ba · 1,072 sq ft · Single Family Residence

497 Melrose Lane, Sebastian FL 32958

For Sale · Active listing

Est. payment $1,360/mo · Mortgage calculator

Listed by RE/MAX Gold / Kate Ward

Contact: 772-342-4006 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

Unapproved Short Sale. 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.

Facts
MLS #
B26018400
Subdivision
SEBASTIAN HIGHLANDS UNIT 8
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
1,072
Price per sq. ft.
$251 / sq ft
Year built
1987
Lot size
0.31 acres
Days on market
183
County
Indian River County
Date listed
Apr 21, 2026
Last updated
Oct 21, 2026
Financial considerations
Taxes
$4,070 (2025)
Exterior features
Waterfront
No
View
Garden
Parking spaces
4
Roof
Comp Shingle Roof, Shingle
Additional features
None
Interior features
Furnished
Unfurnished
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Dishwasher, Microwave, Electric Range, Refrigerator
Additional features
Cooking Island, French Doors, Vaulted Ceiling(s), Volume Ceilings, Utility/Laundry In Garage
Additional features
Pets allowed
Yes
Security
No Fire Protection, No Security

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate shown is a default estimate. Confirm with your lender.

Loan amount$215,200
Total cost of mortgage$489,676
Monthly payment$1,360

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 21, 2026, 10:42 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.