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330 N Blue Wave Ln, Indian River Shores, FL, 32963

7beds
10baths
11,560sqft
$18,750,000
$1,622price/sqft
$150,407/moest. monthly cost
$6,016,280/yrincome needed

About This Home

NOW COMPLETE! In the sought-after enclave of Ocean Pearl, a gated community of just 8 oceanfront homes, this stunning new estate fronts 126± ft on the ocean & perched nearly 17ft above sea level on 1.4 acres. 7 bedrooms, 8 full & 2 half baths, w/ a 4-car garage. 11,560± AC SF, plus 3,162 SF of covered outdoor living space. Features include club room w/ bar, office, owner's retreat, wine room, 2 elevators, oceanfront pool, summer kitchen, & private beach walkway. Thoughtfully designed w/ safety & security in mind, this hurricane-ready home has been overengineered to withstand the elements.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
7/10
Gifford Middle SchoolGrades 6-84.8 mi
5/10
Vero Beach High SchoolGrades 9-127.8 mi

Construction

Condition

  • Year built: 2025

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Oven,Dryer,Dishwasher,Electric Water Heater,Disposal,Microwave,Range,Refrigerator,Wine Cooler,Washer
  • Laundry features: Laundry Room

Bedroom

  • Dimensions: 23X22

Bedroom

  • Dimensions: 17X16

Bedroom

  • Dimensions: 17X16

Bedroom

  • Dimensions: 17X16

Bedroom

  • Dimensions: 17X15

Bedroom

  • Dimensions: 17X16

Bedroom

  • Dimensions: 17X16

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 10
  • Full bathrooms: 8
  • 1/2 bathrooms: 2

Den

  • Dimensions: 15X46

Den

  • Dimensions: 11X13

Dining Room

  • Dimensions: 16X23

Features

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

Heating & Cooling

  • Heating features: Multiple Heating Units
  • Cooling features: 1 Unit,2 Units,3+ Units

Interior Area

  • Total interior livable area: 11,560 sqft

Kitchen

  • Dimensions: 24X17

Living Room

  • Dimensions: 25X26

Property

Details

  • Parcel number: 31393600019000000003.0
  • Zoning: ,
  • Zoning description: Residential

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Pool,Private
  • Patio & porch: Patio
  • Exterior features: Balcony,Sprinkler/Irrigation,Outdoor Kitchen,Patio
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Ocean Front,Beach Access
  • Frontage length: 126
  • Living area range: OVER 9000

Lot

  • Lot size: 1.40 Acres
  • Features: 1-3 Acres
  • Lot size dimensions: 126 x 492

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Strong Wind
Tornado
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 $94,810$1,137,720
Home Insurance *$35,852$430,224
Property Taxes $18,582$222,984
Electricity $1,163$13,960
Total$150,407$1,804,884
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,156,811/yr
40% on housing$4,512,210/yr
45% on housing$4,010,853/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

$1,622This listing

vs Other Active Listings

Avg $/sqft

ZIP 32963$999
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)

Price History

DateEventPrice
2026-04-22Price change$18,750,000
2026-03-10Price change$19,975,000
2026-01-13Price change$21,900,000
2024-03-11Listed for sale$25,000,000
2021-10-26Sold$3,650,000
2021-10-12Pending sale$3,850,000
2021-08-27Contingent$3,850,000
2021-01-21Listed for sale$3,850,000
2016-04-15Sold$2,000,000
2015-10-11Price change$3,295,000
2015-06-13Price change$2,995,000
2015-03-10Listed for sale$3,295,000
2010-12-30Sold$1,365,000
1999-08-04Sold$530,000
1996-08-05Sold$425,000
1996-01-24Sold$375,000

For Sale by Agent

AgentCindy J O'Dare
BrokerageOne Sotheby's Int'l Realty

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