250 Lanternback Island Drive, Satellite Beach, FL 32937

$1,999,000

Tucked behind the guarded gates of Tortoise Island, this extraordinary waterfront estate commands approximately 120-feet of prime frontage along a 17-foot deep dredged canal, quietly asserting itself as one of the most significant offerings the community has seen in decades. With a newly reimagined dock and a private beach style… Read More shoreline, the property offers a level of boating access, scale, and permanence that discerning buyers often wait a lifetime to secure. The residence unfolds across more than 4,600 square feet of thoughtfully curated interior space, where timeless materials meet architectural volume. Tile flooring flows seamlessly throughout, complemented by soaring vaulted ceilings that create a sense of openness without sacrificing warmth. A private office anchors the front of the home, offering a refined workspace, while the primary living and dining areas extend naturally toward the water through French doors, dissolving the boundary between indoors and out. At the heart of the home lies a kitchen that is both commanding and inviting, designed not merely for function but for presence. Granite countertops frame an expansive island with integrated storage and television, while Bosch and KitchenAid appliances elevate daily living. Wood accented ceiling details add character and depth, and four generous windows flood the space with natural light and tranquil canal views. A built in bar, discreet half bath, under stair storage, and two separate washer and dryer sets underscore the home's rare blend of elegance and practicality. Beyond the main living spaces, the home reveals a dedicated entertainment room with endless flexibility, anchored by a striking fish tank that conveys and serves as a living work of art. A connected guest or multigenerational suite offers both privacy and comfort, complete with a full bath featuring a steam room and four head shower, creating a retreat worthy of extended stays. Upstairs, the primary suite rises as a private sanctuary, crowned by vaulted ceilings and designed for quiet indulgence. The space features a generous walk in closet, a luxurious soaking tub, dual vanities, and a spa inspired walk in shower appointed with four shower heads. Additional bedrooms continue the theme of volume and comfort, each with vaulted ceilings and walk in closets. Two of these bedrooms are joined by a well appointed Jack and Jill bath with double sinks and a spacious tub shower combination. Outdoor living here is nothing short of cinematic. From the primary suite, French doors open onto an expansive elevated deck, a vantage point ideal for rocket launches, sunset views, and stargazing over the water. A staircase descends to a substantial pebble finished pool accented by water features, surrounded by a combination of tile and paver hardscaping that defines multiple seating and lounging areas. The grounds are lushly landscaped, with curated planting beds lining the side of the home, while the canal side reveals the newly redone dock and private beach style waterfront, perfectly suited for boating, paddle sports, and curated coastal moments. Significant updates reinforce the home's enduring value and thoughtful stewardship, including a metal roof installed in 2005, a substantial guest wing addition completed in 2014, an outdoor AC unit replaced in 2024, and a new water heater in 2025. The garage offers deep storage and features newly epoxy coated floors, further reflecting the care invested throughout the property. Residents of Tortoise Island enjoy access to a suite of private amenities including tennis courts, pickleball, a community pool, clubhouse, and the reassurance of a 24 hour guard gated entrance. Ideally positioned near the beach, top rated schools, and the best of beachside living, this estate has not been offered to the market in over 22 years and stands ready for its next chapter of lifestyle, legacy, and rare waterfront distinction. Read Less

Courtesy of Lily Ingeldsen ZOOM Realty Group LLC 954-777-6336

Listing Snapshot

Days Online

Last Updated

Mar 14, 2026

Property Type

Single Family Residence

Beds

Full Baths

Lot Size

0.38 Acres

Year Built

1989

MLS Number

1066767

30 Days Snapshot Of 32937

$448k

+3%

(avg) sold price

-5%

homes sold

100

+3%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Frontage Type: "City Street", Road Surface Type: "Asphalt"

Appliances & Equipment

"Double Oven", "Dryer", "Electric Cooktop", "Electric Oven", "Freezer", "Ice Maker", "Microwave", "Refrigerator", "Washer"

Building

Built in 1989, Living Area: 4,637, Architectural Style: "Multi Generational", "Traditional", Construction Materials: "Brick", "Frame", "Stucco"

Cooling

"Central Air", "Multi Units"

Exterior Features

"Balcony", "Courtyard", "Dock", "Other", "Boat Lift"

Fence

"Wrought Iron"

Floors

"Carpet", "Tile", "Other"

Garage

2 spaces

Heating

"Central"

Home Owner's Association

Association Fee: $355, Association Amenities: "Boat Dock", "Boat Launch", "Clubhouse", "Fitness Center", "Gated", "Jogging Path", "Maintenance Grounds", "Pickleball", "Playground", "Security", "Tennis Court(s)", "Management - On Site"

Interior Features

"Breakfast Bar", "Built-in Features", "Ceiling Fan(s)", "Eat-in Kitchen", "Entrance Foyer", "Guest Suite", "In-Law Floorplan", "Jack and Jill Bath", "Kitchen Island", "Open Floorplan", "Primary Bathroom -Tub with Separate Shower", "Split Bedrooms", "Vaulted Ceiling(s)", "Walk-In Closet(s)", "Wet Bar"

Lot

0.38 acres, 16,553 square Feet, Area: 0, "Sprinklers In Front", "Sprinklers In Rear"

Parking

"Garage"

Pets Policy

Pets Allowed: "Yes"

Pool

"In Ground", "Waterfall"

Property

View: "Canal", "Pool", "Water", Waterfront Features: "Canal Front", "Navigable Water", "Deck", "Front Porch", "Rear Porch", "Terrace"

Roof

"Metal"

Security Features

"24 Hour Security", "Gated with Guard", "Security Gate"

Sewer

"Public Sewer"

Taxes

Tax Annual Amount: $9,430, Tax Year: 2025

Utilities

"Cable Connected", "Electricity Connected", "Sewer Connected", "Water Connected"

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