Schedule Tour
$289,000

497 Melrose Ln

Sebastian, FL
Active
3
Bedrooms
2
Bathrooms
2,136
Square Feet
0.31
Lot Size (acres)
1987
Year Built
167
Days On Market

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.

Take the 3D virtual tour →

Listing Information

Listing Updated
23 hours ago
Listed By
Kate Ward · RE/MAX Gold, 7726075282
MLS#
1075281
Source
Space Coast MLS (Space Coast Association of REALTORS)
Status
Active

Facts & Features

Location

Community Information

Address
497 Melrose Ln, Sebastian, FL 32958
City
Sebastian
County
Indian River
Neighborhood
None
Zip Code
32958

Architecture

Bedrooms
3
Bathrooms
2
Stories
1
Year Built
1987
Style
Traditional
Construction Materials
Frame
Building Area
2,136 sq. ft.
Roof
Tile
Levels
One
Garage
Yes
Garage Spaces
2
Parking Features
Garage

Features & Amenities

Interior Features
Kitchen Island
Appliances
Microwave, Refrigerator, Tankless Water Heater, Electric Cooktop
Flooring
Laminate
Patio and Porch
Patio, Screened
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.31 Acres
Lot Features
Few Trees
Water
Public
Sewer
Septic Tank
Utilities
Sewer Not Available
Zoning
Residential

Square Footage

Total
1,072 sq. ft.

Tax & Financial Information

List Price
$289,000
Annual Taxes
$4,070

Schools

73/100
Treasure Coast Elementary School
Elementary · Grades KG–05 · 3 mi
City
Sebastian
Students
647
Parent reviews
5.0★ avg · 1 review
Student body
65% White · 19% Hispanic / Latino · 11% Black
Free/reduced lunch
68%
Phone
(772) 978-8500
54/100
Wabasso School
7th & Above · Grades PK–12 · 3.5 mi
City
Sebastian
Students
121
Student body
51% White · 26% Black · 17% Hispanic / Latino
Free/reduced lunch
66%
Phone
(772) 978-8000
53/100
Liberty Magnet School
Elementary · Grades KG–05 · 3.1 mi
City
Vero Beach
Students
549
Student body
68% White · 17% Hispanic / Latino · 9% Black
Free/reduced lunch
44%
Phone
(772) 564-5300
52/100
Sebastian River Middle School
Middle · Grades 06–08 · 2.3 mi
City
Sebastian
Students
934
Student body
47% White · 37% Hispanic / Latino · 11% Black
Free/reduced lunch
66%
Phone
(772) 564-5111
51/100
Sebastian Charter Junior High School
Middle · Grades 06–08 · 0.3 mi
City
Sebastian
Students
288
Student body
68% White · 19% Hispanic / Latino · 7% Black
Free/reduced lunch
45%
Phone
(772) 388-8838
51/100
Sebastian Elementary School
Elementary · Grades KG–05 · 1.4 mi
City
Sebastian
Students
401
Student body
61% White · 23% Black · 9% Hispanic / Latino
Free/reduced lunch
71%
Phone
(772) 978-8200
50/100
Pelican Island Elementary School
Elementary · Grades PK–05 · 2 mi
City
Sebastian
Students
431
Parent reviews
1.0★ avg · 2 reviews
Student body
57% White · 27% Black · 11% Hispanic / Latino
Free/reduced lunch
83%
Phone
(772) 564-6500
48/100
Sebastian River High School
High · Grades 09–12 · 2.6 mi
City
Sebastian
Students
1,843
Parent reviews
1.0★ avg · 1 review
Student body
51% White · 33% Hispanic / Latino · 12% Black
Free/reduced lunch
52%
Phone
(772) 564-4170

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/22/2026Price change$289,000
04/21/2026Listed for sale$312,500

Listed by Kate Ward · RE/MAX Gold · 7726075282

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: October 4, 2026 at 1:37 PM | Source: Brevard MLS | MLS#: 1075281

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.