Skip main navigation
Sold for $6,500,000
    • $6,500,000

    1521 Gracewood Ln, Vero Beach, FL 32963

    4beds
    5,197sqft
    Single Family Residence
    Built in 2025
    0.52 Acres Lot
    $6,534,800 Zestimate®
    $1,251/sqft
    $-- Estimated rent

    Home value

    $6,534,800

    $5.88M - $7.25M

    Not available

    Zestimate® history

    Owner options

    List your home for rent

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more
    Refinance and save

    $45,085/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $45,085/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Outdoor fireplaceSophisticated finishesFully equipped summer kitchenExpansive outdoor barLush tropical landscape
    1521 Gracewood Lane East of A1A Newly completed luxury residence defined by exceptional construction quality, sophisticated finishes, and seamless indoor-outdoor living — all within a premier coastal setting with deeded beach access. Nestled in a lush tropical landscape, this spectacular property is located within an intimate gated enclave of just 15 homes. Extraordinary outdoor living..featuring a stunning 28’ x 48’ pool and spa, expansive outdoor bar, poolside cabana with full bath, outdoor fireplace, and a fully equipped summer kitchen. A truly unparalleled coastal lifestyle experience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael T Merrill 561-427-3958,

    Douglas Elliman Florida LLC

    Bought with:

    Candace L Kennedy, 3400711

    Alex MacWilliam, Inc.

    Source: Realtor Association of Indian River County,MLS#: 297593MLS LogoOriginating MLS: Indian River

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Bedroom
    • Dimensions: 18x15
    Bedroom
    • Dimensions: 19x18
    Bedroom
    • Dimensions: 17x14
    Bedroom
    • Dimensions: 14x23
    Den
    • Dimensions: 11x10
    Family room
    • Dimensions: 20x16
    Kitchen
    • Dimensions: 21x17
    Living room
    • Dimensions: 29x19
    Loft
    • Dimensions: 18x13
    Heating
    • Central
    Cooling
    • Central Air, 3+ Units
    Appliances
    • Included: Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
    • Laundry: In Unit
    Features
    • Crown Molding, Elevator, High Ceilings, Kitchen Island, Primary Downstairs
    • Flooring: Wood
    • Doors: Sliding Doors
    • Windows: None
    • Number of fireplaces: 1
    Interior area
    • Total interior livable area: 5,197 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Three Car Garage, Three or more Spaces
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Balcony, Porch, Patio
    • Has private pool: Yes
    • Pool features: Pool, Private
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None, Beach Access
    Lot
    • Size: 0.52 Acres
    • Dimensions: 115 x 197
    • Features: 1/2 to 1 Acre Lot
    Details
    • Additional structures: Cabana
    • Parcel number: 33401600022000000006.0
    • Zoning: ,
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Gracewood Lane
    HOA
    • Has HOA: Yes
    • Amenities included: Dues Paid Annually
    • Services included: Common Areas
    • HOA fee: $250 monthly
    • HOA name: Gracewood Lane HOA
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $1,251/sqft
    • Tax assessed value: $581,613
    • Annual tax amount: $8,171
    • Date on market: 5/22/2026
    • Listing terms: Cash,New Loan
    • Ownership: Single Family/Other

    Price history

    DateEventPrice
    9/9/2026Sold$6,500,000-6.9%$1,251/sqft
    Source: Realtor Association of Indian River County #297593 Report a problem
    7/28/2026Pending sale$6,985,000$1,344/sqft
    Source: Douglas Elliman #297593 Report a problem
    7/27/2026Contingent$6,985,000$1,344/sqft
    Source: Realtor Association of Indian River County #297593 Report a problem
    5/26/2026Listed for sale$6,985,000+437.3%$1,344/sqft
    Source: Realtor Association of Indian River County #297593 Report a problem
    8/30/2023Sold$1,300,000-4.4%$250/sqft
    Source: Realtor Association of Indian River County #269461 Report a problem
    7/26/2023Contingent$1,360,000$262/sqft
    Source: Realtor Association of Indian River County #269461 Report a problem
    6/21/2023Listed for sale$1,360,000+209.1%$262/sqft
    Source: Realtor Association of Indian River County #269461 Report a problem
    6/7/2010Sold$440,000+66%$85/sqft
    Source: Public Record Report a problem
    5/9/2002Sold$265,000+63.1%$51/sqft
    Source: Public Record Report a problem
    2/2/1999Sold$162,500$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,171 -0.2%$581,613
    2024$8,190 +10.9%$581,613
    2023$7,384 -9.1%$581,613 -23.1%
    2022$8,127 +37.3%$756,096 +85.7%
    2021$5,918 -1.5%$407,129
    2020$6,009 $407,129
    2019$6,009 -3%$407,129
    2018$6,195 -4.2%$407,129
    2017$6,463 -0.4%$407,129 0%
    2016$6,490 +0.4%$407,130
    2015$6,463 -0.4%$407,130 +6.3%
    2014$6,490 $383,180 +22.8%
    2013-- $312,020 -1.7%
    2012$5,122 +0.1%$317,260
    2011$5,118 +35.9%$317,260 +36.4%
    2010$3,767 -8.1%$232,660 -12%
    2009$4,099 -17.9%$264,390 -21.9%
    2008$4,992 -3.2%$338,410 -1.3%
    2007$5,157 $342,870 -9.4%
    2006-- $378,490 +68.4%
    2005-- $224,730
    2004-- $224,730
    2003-- $224,730 +13.4%
    2002$3,670 +38.8%$198,120 +39.6%
    2001$2,645 -3.4%$141,930
    2000$2,737 $141,930
    Find assessor info on the county website

    Neighborhood: South Beach

    Nearby homes

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $6,534,800

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $6,534,800

    Nearby cities

    Nearby neighborhoods

    Nearby zip codes

    Other Vero Beach Topics

      Search
      Updates
      Favorites
      Plan
      Inbox