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For SaleSingle Family Home
$950K
409 Red Sail Way S, Satellite Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Sleepy Lagoon
5
Bedrooms
4
Bathrooms
2,761
Sq Ft
1978
Year Built
$344 /sqft

About This Property

Description from listing agent

Welcome to this beautifully updated custom home in desirable Satellite Beach! This 5-bedroom, 3.5-bath home features an oversized pool, loft, spacious living and family rooms, and a first-floor primary bedroom. Enjoy two huge walk-in attics, upstairs and a water view from a large bedroom. A large backyard perfect for entertaining. Major updates include all-new impact windows (11/2025), complete exterior overhaul with sealing and paint (2/2026), renovated oversized 3-car garage with ultra-quiet MyQ Wi-Fi openers (4/2026), new roof (2024), A/C (2021), and fresh interior paint. . Located on a large corner lot. Walking distance to the beach, Close to Patrick Space Force Base, Pineda Causeway, I-95, shopping, dining, schools, and entertainment. Enjoy the best of coastal living in the heart of Satellite Beach!

Space Coast Context

🚀 Launch Viewing — Good Views

24.8 mi from SLC-40

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

Aerospace Commute Guide
Northrop5.4 mi~12 min
L3Harris7.5 mi~17 min
Blue Origin18.9 mi~42 min
SpaceX20 mi~45 min
Lockheed20 mi~45 min
Boeing/KSC21.9 mi~49 min
KSC22.6 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
  • 8/13/26
    Listed
    $950K
    $344/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
0.25 acres (10,890 sqft)
Full Baths
3
Half Baths
1
Total Rooms
1
Garage
3 car (attached)
HOA Fee
$150/mo
Pool
Yes
Days on Market
12
MLS Area
381 - N Satellite Beach

Community & HOA

HOA

  • Name: Sleepy Lagoon
  • Fee: $150 / annually

Schools

Elementary

Sea Park

Middle School

DeLaura

High School

Satellite

Financial & Listing Details

Listed
Aug 14, 2026
Parcel #
26-37-22-77-00000.0-0010.00
$950K

Listing Agent (for property info)

M
Michelle Ann Tracy
Real Broker, LLC
321-312-7538
Call Listing Agent

Estimated Monthly Payment

$6,255/mo
Principal & interest
$5,005
Property taxes
$950
Insurance & HOA
$300

Based on a 6.90% rate, 30-year loan, and $950K price — down payment shown: $189,980.

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# 1085001

What's Nearby

schools
Sea Park Elementary School
0.2 mi away
schools
Sea Park Elementary School
0.3 mi away
fire stations
South Patrick Shores Fire / Rescue Station 62
0.3 mi away
shopping
Kangaroo Express
0.3 mi away
restaurants
Domino's
0.6 mi away
shopping
7-Eleven
0.7 mi away
grocery
DeCA
0.9 mi away
restaurants
Burger King
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085001 · Listing Broker: Real Broker, 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.