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For SaleSingle Family Home
$1.8M
202 Lanternback Island Drive, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Tortoise Island Ph 4 PUD
5
Bedrooms
5
Bathrooms
4,215
Sq Ft
1994
Year Built
$426 /sqft

About This Property

Description from listing agent

Amazing waterfront living on the Grand Canal in the prestigious, guard-gated community of Tortoise Island. This beautifully appointed 5BR/4.5BA home is designed to capture stunning water views. Elegant stone flooring flows throughout the main living areas. The large kitchen features abundant cabinetry and professional-grade appliances with gas cooktop. The butler pantry incls a 2nd dw, & frig and more cabinets! Interconnected living areas create an inviting setting for both everyday living and entertaining. Privately situated at one end of the home, the expansive owner's suite provides direct access to the pool deck. Its luxurious dressing and bath area features custom cherry closets, a second walk-in closet, tiled shower, tub, bidet, and dual vanities. 3 addt'l BRs and 2 BA on the main level, while the upstairs includes a 5th BR and full bath-ideal for guests, a home office, or a private retreat. Private sandy beach and two docks!! New roof 2025. Tesla Powerwall for huge savings!

Space Coast Context

🚀 Launch Viewing — Good Views

24.6 mi from SLC-40

24.6 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop5.6 mi~12 min
L3Harris7.6 mi~17 min
Blue Origin18.8 mi~42 min
SpaceX19.8 mi~44 min
Lockheed19.8 mi~44 min
Boeing/KSC21.6 mi~48 min
KSC22.3 mi~50 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 9/18/26
    Listed
    $1.8M
    $426/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • ✓Same property type, always (single family, condo, townhouse, etc.)
  • ✓Single-story homes compared only to single-story (and multi to multi)
  • ✓Exact bedroom count
  • ✓Bathrooms within ±0.5
  • ✓Garage spaces within ±1
  • ✓Pool status must match
  • ✓Waterfront status must match
  • ✓HOA must match (HOA community vs. no HOA)
  • ✓Price within ±5–20% of list price (tightest in early tiers)
  • ✓Square footage within ±10–25% (tighter in early tiers)
  • ✓Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.35 acres (15,246 sqft)
Full Baths
4
Half Baths
1
Total Rooms
11
Garage
2 car (attached)
HOA Fee
$380/mo
Waterfront
Canal Navigational to Banana River
Pool
Yes
Days on Market
23
MLS Area
382 - Satellite Bch/Indian Harbour Bch

Community & HOA

HOA

  • Name: Tortoise Island HOA
  • Fee: $380 / monthly

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Sep 18, 2026
Parcel #
26-37-22-80-00007.0-0041.00
$1.8M

Listing Agent (for property info)

D
David Okonsky
Mission Control Realty, LLC
321-978-2800
Call Listing Agent

Estimated Monthly Payment

$11,782/mo
Principal & interest
$9,457
Property taxes
$1,795
Insurance & HOA
$530

Based on a 6.90% rate, 30-year loan, and $1.8M price — down payment shown: $359,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1087987

What's Nearby

shopping
Kangaroo Express
0.5 mi away
schools
Sea Park Elementary School
0.7 mi away
fire stations
South Patrick Shores Fire / Rescue Station 62
0.7 mi away
schools
Sea Park Elementary School
0.7 mi away
grocery
DeCA
0.8 mi away
golf
Manatee Cove Golf Club
0.9 mi away
shopping
7-Eleven
1.0 mi away
restaurants
Burger King
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087987 · Listing Broker: Mission Control Realty, LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.