For sale Home

Listed May 16, 2026

$1,399,982 Est. $9,260/mo

5079 Highway 1

  • 4

    Beds

  • 4

    Baths

  • 3,193

    Sq ft

The story

  • Pool
  • Waterfront

Tucked away along the serene waterfront of Grant-Valkaria, this exceptional property offers 55 feet of direct frontage on the Indian River, creating a setting that feels both private and expansive. Situated on a generous lot, the outdoor living experience is nothing short of extraordinary--complete with a gas heated salt water pool, an oversized pergola with summer kitchen, and a private dock with boat lift for effortless days on the water. Adding to its rarity, the owner has thoughtfully created a true sandy beach along the shoreline, offering a unique feature seldom found on the river. From sunrise mornings with coffee on the dock to afternoons spent paddleboarding or boating to nearby waterfront dining, this property captures the essence of Florida coastal living. With quick access to the inlet, enjoy offshore fishing, sandbar weekends, and endless days on the water right from your backyard. Inside, the home has been beautifully updated with a clean, coastal-modern design. Natural light fills the open living spaces, while water views follow you from room to room. The flexible floor plan includes four bedrooms along with a spacious first-floor retreat featuring its own living area, dining space, and bedroom--ideal for guests, extended family, or multi-generational living. Whether you're searching for a full-time residence or a private waterfront escape, this home delivers a lifestyle that is both relaxed and refined in one of the Space Coast's most peaceful and sought-after settings. Adding to its rarity, this property features flexible mixed-use commercial/residential zoning, offering possibilities beyond traditional waterfront ownership. Whether you envision generating short-term vacation rental income, creating a live/work environment, establishing a business presence, or exploring future waterfront enhancements, this property presents exceptional lifestyle and investment potential. All uses, improvements, and development opportunities are subject to county, environmental, zoning, and permitting approvals.

Facts & features

Home type

Home

Year built

1972

Floors

2

Price per sq ft

$438

Included features

  • Pool

    Yes

  • Fireplace

    1 fireplace

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Convection Oven, Dishwasher, Gas Cooktop, Microwave, Water Softener Owned

  • Flooring

    Tile, Wood

  • Roof

    Metal

  • Exterior

    Boat Slip, Dock, Outdoor Kitchen, Boat Lift

  • Water Source

    Well

  • Sewer

    Septic Tank

  • View

    Water

Mortgage calculator

Estimated monthly payment

$9,260 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $7,451
  • Property tax $1,400
  • Insurance $408

Includes principal, interest, taxes & insurance.

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Listing Broker

Engel & Volkers Melbourne

Broker Name

Engel & Volkers Melbourne

Agent

Marcie W Bolt