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101 Oyster Cut, Indian River Shores, FL, 32963

6beds
7baths
5,212sqft
$7,850,000
$1,506price/sqft
$62,782/moest. monthly cost
$2,511,280/yrincome needed

About This Home

John’s Island, Vero Beach– Spectacular riverfront estate on .75 acres with a protected cove linked to the intracoastal waterway offering premier boating access. Enjoy vibrant waters teeming with fish, dolphins, birds, manatees and incredible riverfront sunsets. The 6,300± SF residence includes 4 bedrooms in the main home plus a 2-bedroom guest house, 3 car garage, 2 covered outdoor living spaces and pool. The interior is primed for selecting new kitchen and finishes, offering a rare opportunity to customize. A serene and private setting with unmatched peace and natural beauty. Truly Incredible

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-82.8 mi
5/10
Vero Beach High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Down Draft,Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Washer
  • Laundry features: In Unit

Bedroom

  • Dimensions: 18x13

Bedroom

  • Dimensions: 10x13

Bedroom

  • Dimensions: 15x14

Bedroom

  • Dimensions: 19x17

Bedroom

  • Dimensions: 15x28

Bedroom

  • Dimensions: 14x15

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Family Room

  • Dimensions: 22x25

Features

  • Closet Cabinetry,High Ceilings,Kitchen Island,Walk-In Closet(s),French Door(s)/Atrium Door(s)
  • Door features: French Doors,Sliding Doors
  • Window features: Double Hung,None
  • Flooring: Slate,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,3+ Units

Interior Area

  • Total interior livable area: 5,212 sqft

Kitchen

  • Dimensions: 21x13

Living Room

  • Dimensions: 34x18

Patio

  • Dimensions: 49x43

Property

Details

  • Parcel number: 32391200006000000121.0
  • Zoning: ,
  • Zoning description: Residential

Features

  • Levels: One,Two
  • Stories: 2
  • Pool features: Free Form,Other,Pool,Community
  • Patio & porch: Patio
  • Exterior features: Sprinkler/Irrigation,Patio
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: River Front,Beach Access
  • Frontage length: 128
  • Living area range: 5001-5500

Lot

  • Lot size: 0.75 Acres
  • Features: 1/2 to 1 Acre Lot
  • Lot size dimensions: 128 x 255

Parking

  • Total spaces: 3
  • Parking features: Three Car Garage,Three or more Spaces
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters in Indian River County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $39,693$476,316
Home Insurance *$15,010$180,120
Property Taxes $7,555$90,660
Electricity $524$6,294
Total$62,782$753,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,152,525/yr
40% on housing$1,883,460/yr
45% on housing$1,674,186/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,506This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$1,001
Indian River County$313

vs Homes Sold Last Month

Median $/sqft

ZIP 32963$471
Indian River County$239

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

DateEventPrice
2025-12-06Listed for sale$7,995,000
1996-09-30Sold$710,000

For Sale by Agent

AgentMichael T Merrill
BrokerageDouglas Elliman Florida LLC

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