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About This Home
This 4-bedroom, 4-bathroom single family at 5079 Highway 1 in Grant-Valkaria, FL is listed for $1,499,982 ($470 per sqft). Built in 1972, the home offers 3,193 sqft of living space on a 0.38 acres lot.
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.
Key Features
- Built in 1972
- 0.38 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5079 Highway 1
Grant-Valkaria, FL 32949
Jorgensons Plat of Grant
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 5079 Highway 1 is listed at $1,499,982 ($470/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 0.38 acre lot. Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer. Exterior Features: Boat Slip, Dock, Outdoor Kitchen.
This property is listed by Marcie W Bolt and can be reached at 3212545275 or Melbournecentral@engelvoelkers.com.


