SEBASTIAN HIGHLANDS UNIT 8

497 Melrose Lane, Sebastian FL 32958

3 beds · 2 baths · 1,072 ft²

For Sale · Active Listing

$312,500

Est. Payment $1,663/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Sebastian

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

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).

4/21/2026Listed 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

497 Melrose Lane, Sebastian FL 32958Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$2,074/mo

Principal & Interest

$1,663

Property Tax

$260

Insurance

$150

HOA

$0

20% ($62,500)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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

Similar listings nearby

More homes in Sebastian around $312,500.

Call NowWhatsApp