124 Lanternback Island Dr, Satellite Beach, FL, 32937
About This Home
Don't miss this RARE GRAND CANAL OPPORTUNITY! One of a select few homes commanding a premier position on the Grand Canal's wide open Turn Basin, offering supreme canal privacy and unmatched water views, dolphins, manatees, birdlife and fishing. Extensive shaded patio runs the full width of the home alongside the large pool with unobstructed views of canal life. An entertaining haven. Downstairs has 4 versatile open plan living areas and kitchen, all with canal views. Situated privately at one end, is a large bedroom with own entrance & bathroom opposite, perfect for guests. There is a bonus room too, ideal for office, teen hangout, TV room, gym, or 6th bedroom. Upstairs: 4 bedrooms & convenient laundry. Sweeping Owner's Suite is privately positioned at one end of the home. Primary +2 bedrooms lead to newly installed wood decks & gorgeous views! Boaters' paradise includes a covered boat dock with electric lift. Close access to main river. Don't live ON the water, Live WITH it, HERE!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Roof: Tile
- Construction materials: Frame,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Multi Generational,Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Cooktop,Electric Oven,Electric Range,ENERGY STAR Qualified Water Heater,Instant Hot Water,Microwave,Refrigerator,Tankless Water Heater,Washer,Wine Cooler
- Laundry features: Upper Level
Bedroom1
- Level: Second
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedroom5
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bonus Room
- Level: First
Dining Room
- Level: First
Family Room
- Level: First
Features
- Breakfast Bar,Built-in Features,Ceiling Fan(s),Central Vacuum,Eat-in Kitchen,Entrance Foyer,Guest Suite,His and Hers Closets,Jack and Jill Bath,Open Floorplan,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
- Flooring: Laminate,Tile
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Electric,Multi Units
Interior Area
- Total structure area: 6,126
- Total interior livable area: 4,834 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: 2637228000007.00054.00
- Zoning description: PUD
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground,Other
- Patio & porch: Patio,Terrace
- Exterior features: Balcony,Dock,Fire Pit,Boat Lift,Impact Windows,Storm Shutters
- Fencing: Fenced,Other
- Has view: Yes
- View description: Canal,Other
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Canal Front,Navigable Water,River Access,No Fixed Bridges
- Waterbody name: Grand Canal
Lot
- Lot size: 0.47 Acres
- Features: Easement Access,Greenbelt,Wooded
Parking
- Total spaces: 2
- Parking features: Attached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,607 | $115,284 |
| Home Insurance * | $2,521 | $30,252 |
| Property Taxes | $1,889 | $22,668 |
| Electricity | $486 | $5,837 |
| Total | $14,503 | $174,036 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-31 | Price change | $1,899,999 |
| 2025-06-18 | Listed for sale | $1,970,000 |
| 2025-06-09 | Contingent | $1,999,000 |
| 2025-02-22 | Listed for sale | $1,999,000 |
| 2024-11-12 | Listing removed | $2,350,000 |
| 2024-04-27 | Listed for sale | $2,350,000 |
| 2013-12-16 | Sold | $560,000 |
| 2013-09-14 | Price change | $699,000 |
| 2013-08-03 | Price change | $749,000 |
| 2013-07-11 | Listed for sale | $799,000 |
| 2013-05-24 | Listing removed | $795,000 |
| 2013-04-26 | Price change | $795,000 |
| 2013-01-23 | Price change | $975,000 |
| 2012-11-08 | Listed for sale | $1,200,000 |
| 1994-03-16 | Sold | $485,000 |
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