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For SaleSingle Family Home
$1.6M
515 Lanternback Island Drive, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Tortoise Island Ph 3 Unit 2 PUD
4
Bedrooms
4
Bathrooms
3,925
Sq Ft
2002
Year Built
$406 /sqft

About This Property

Description from listing agent

Seller is offering $20,000 credit towards buyers' property remodel with acceptable offer. Every home has a story, but few can claim a place in space exploration history. This house was once home to legendary astronaut Thomas P. Stafford, one of few astronauts to fly to the Moon and Commander of the historic Apollo 10 mission in 1969. This Tortoise Island waterfront residence offers breathtaking water views, elegant finishes, and an effortless blend of sophistication and coastal charm. Designed for both everyday living and entertaining, the open floor plan flows seamlessly to a private outdoor oasis featuring a sparkling pool, expansive patio, and tranquil waterfront setting with a private dock. Community amenities include tennis courts, a clubhouse, fitness center, playground, and private beach access. Just minutes from top-rated schools, dining, shopping, and the Atlantic Ocean, this exceptional home offers the perfect blend of luxury, waterfront living, and American space history.

Space Coast Context

🚀 Launch Viewing — Good Views

25.1 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.1 mi~11 min
L3Harris7.1 mi~16 min
Blue Origin19.3 mi~43 min
SpaceX20.3 mi~45 min
Lockheed20.3 mi~45 min
Boeing/KSC22.2 mi~49 min
KSC22.8 mi~51 min

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 8/21/26
    Price change
    $1.6M -0.3%
    $406/sqft
  • 7/9/26
    Listed
    $1.6M
    $408/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
1 reduction
Originally listed at $1,600,000 · Cut $5,000 total
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
0.3 acres (13,068 sqft)
Full Baths
4
Garage
3 car (attached)
HOA Fee
$338/mo
Waterfront
Yes
Pool
Yes
Days on Market
49
MLS Area
381 - N Satellite Beach

Community & HOA

HOA

  • Name: Tortoise Island HOA
  • Fee: $338 / monthly

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Jul 9, 2026
Parcel #
26-37-27-Nf-00001.0-0002.00
$1.6M

Listing Agent (for property info)

T
Thomas Taranto
Keller Williams Realty Brevard
321-587-0948
Call Listing Agent

Estimated Monthly Payment

$10,487/mo
Principal & interest
$8,404
Property taxes
$1,595
Insurance & HOA
$488

Based on a 6.90% rate, 30-year loan, and $1.6M price — down payment shown: $319,000.

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# 1082127

What's Nearby

schools
Sea Park Elementary School
0.7 mi away
schools
Sea Park Elementary School
0.7 mi away
fire stations
South Patrick Shores Fire / Rescue Station 62
0.8 mi away
shopping
Kangaroo Express
0.8 mi away
restaurants
Domino's
1.2 mi away
shopping
7-Eleven
1.2 mi away
government
Satellite Beach Post Office
1.2 mi away
schools
Spessard L Holland Elementary School
1.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082127 · Listing Broker: Keller Williams Realty Brevard · 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.