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497 Melrose Lane, Sebastian FL 32958

House For Sale
$269,000

BTC: 3.34244533

ETH: 110.60855263

-$44K (2026/10/20)
183 days
3 bds
2 ba
1,072 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage
Year Built:
1987
Lot:
0.31 Acres
Heating:
Central
Price/sqft:
$251
Cooling:
Ceiling Fan(s) / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$274,500
$237K – $297K
Confidence Medium
List vs. estimate
$5K below estimate
List $269,000 · -2.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$250
+13.5% vs. city median $221
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,070
2025
View
Garden
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Cooking Island

    • French Doors

    • Vaulted Ceiling(s)

    • Volume Ceilings

    • Utility/Laundry In Garage

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Exterior Features: None

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 313813000022020000390

    • Zoning: RS-10

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Electricity Available

    • Water Available

  • Other financial information

    • Annual tax amount: $4,070

  • Source details

    • MLS ID: B26018400

    Other facts

    • Laundry Features: In Garage

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre / Fenced / Septic

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Ranch / One Story

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1072

    • Water Source: Public

    • Subdivision Name: SEBASTIAN HIGHLANDS UNIT 8

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Gold