SEBASTIAN HIGHLANDS UNIT 8
497 Melrose Lane, Sebastian FL 32958
3 beds · 2 baths · 1,072 ft²
$312,500
Est. Payment $1,663/mo
3
Bedrooms
2
Bathrooms
1,072
Sq. Ft.
1987
Year Built
2
Garage
1
Stories
74
Days on Market
Description
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 Sub Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 13,504 ft²
- Sq. Ft.
- 1,072 ft²
- Sq. Mt.
- 100 m²
- Price per sq. ft.
- $292/ft²
- Price per sq. mt.
- $3,125/m²
- Stories
- 1
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- 74 days
- Listed
- Apr 21, 2026
- Last Updated
- Jul 4, 2026
- Price/Lot Sq.Ft.
- $23/ft²
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Market insights for Sebastian
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
46
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/21/2026 | Listed for sale | $312,500 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
The Carrie Brazer Center for AutismKG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Riviera Preparatory School6,7,8,9,10,11,12 · private · 0.7 mi
Kenwood K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.7 mi
Smart Starts at DadelandPK,TK,KG,1 · private · 0.8 mi
True North Classical Academy SouthKG,1,2,3,4,5,6,7,8 · charter · 0.8 mi
My First Place SchoolPK,KG · private · 0.8 mi
Cattoira Montessori SchoolPK,KG,1,2,3,4,5,6 · private · 0.8 mi
Fairglade SchoolPK,KG,1,2,3,4,5 · private · 0.8 mi
Cattoira Montessori SchoolPK,TK,KG,1,2,3,4,5,UG · private · 0.8 mi
Smartstart Day SchoolPK,KG · private · 0.9 mi
Estimated Monthly Payment
$2,074/mo
Principal & Interest
$1,663
Property Tax
$260
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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