A million reasons to love: custom golf course residence on a premier . 35 AC estate home site in Pine Valley, the estate section of Indian River Club. Like-new 2019 open concept custom build= $1M less than new homes in other clubs. $85K+ in improvements: generator, quartz fireplace wall, instant HWH. Pool/spa w/ wide golf views. Triple split 4BD/den/3.5BA, 3G; 12' island, wine/coffee bar. CBS, metal roof, impact glass. Bike/golf cart to Olympic pool + fitness within community; clubhouse across street. Vertical Membership required: sports/dining or golf; $3-$30K join=Vero's smartest club value.
Single-familyProperty Type
2019Year Built
0.35 acresLot Size
$378Price/Sq.Ft.
$758/moHOA Dues
3 car garageParking
Listed by Sally Daley• Douglas Elliman Florida LLC
Indian River Club, located between the Indian River Lagoon and U.S. 1, is a waterfront and residential Florida Ridge neighborhood with marina-lined canals and a breezy, palms-and-docks streetscape. The neighborhood’s character concentrates around the marinas and boat ramps along Indian River Drive, where bait shops, small marine services, and sunrise walkers set the tempo. Low-slung coastal homes and condo buildings sit beside mangroves and seawalls, with many streets oriented toward the water. Daily life tracks the lagoon—kayaks at dawn, fishing lines at dusk, and pelicans working the shallows. Nearby, McKee Botanical Garden, Riverside Theatre, and the Vero Beach Museum of Art serve as cultural anchors beyond the shoreline.
Provided by Walk Score and Local Logic
Market insights
2340 Pine Valley Rd SW · $1,200,000
DAYS ON MARKET
1 days
The average home goes pending in 81 days.
SALE-TO-LIST
96.2%
Most homes are selling 4% below list price.
LIST PRICE
$1,200,000
Median sale price in this area is $407,900. (66% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Built-in features
Closet cabinetry
Crown molding
High ceilings
Vaulted ceilings
Blinds
Unfurnished
Fireplace
Bedrooms
4 bedrooms
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Kitchen island
Built-in oven
Dishwasher
Disposal
Microwave
Refrigerator
Wine cooler
Water softener
Water purifier
Laundry & utility
Laundry room
Laundry tub
Flooring
Tile flooring
Heating & cooling
Central heating
Central air conditioning
Exterior features
Enclosed, screened porch
Private heated saltwater pool with screen enclosure
Hot tub
West-facing view
Home design
Single story
West-facing
Entry level: 1
Parking
Attached three-car garage
Garage door opener
Paver-block parking
Security
Owned security system
Gated community
Key card entry
Smoke detectors
Construction
Block and concrete construction
Tile roof
Utilities
Public water
County sewer
Generator
HOA & community
Elliot Merrill Community
Monthly association fee includes common areas, grounds maintenance, recreation facilities, reserve fund, and security
Community clubhouse, fitness facilities, and pool
Pets allowed
Electricity and solar
View estimated energy costs and solar savings for this home
A rare trifecta: Like new custom pool home, ready now, priced below replacement! Luxe finishes, elegant millwork+ceiling details; a 'use it all' open concept w/ 4 bedrooms + den! Showstopper kitchen w/ 12' island, wine bar, abundant storage, 3 car garage. Fab laundry! Premier, private lot in Estate section of Indian River Club! Pool/Fitness for owners. Memberships optional. A gem!
Beaches MLS #RX-10774481
Feb 3, 2022
Listed
$985,000
$310/sq ft
RAIRCMLS #219558
Aug 27, 2019
Sold
$750,000
$236/sq ft
Aug 22, 2019
Contingent
—
Apr 10, 2019
Listed
$799,000
$251/sq ft
Beaches MLS #RX-10520772
Aug 22, 2019
Contingent
—
Apr 10, 2019
Listed
$799,000
$251/sq ft
SCMLS #842054
Apr 10, 2019
Listed
$799,000
$251/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,264 (−11.3%)
$102,000 + $710,907
$812,907
2024
$12,705 (−3.9%)
$102,000 + $710,907
$812,907
2023
$13,222 (+29.7%)
$102,000 + $826,842
$928,842
2022
$10,191 (+16.8%)
$102,000 + $835,367
$937,367
2021
$8,722 (−1.4%)
2020
$8,844 (+739.0%)
$68,000 + $521,378
$589,378
2019
$1,054 (+379.6%)
$68,000 + $521,378
$589,378
2018
$220
$68,000
Public record
Public record
Zoning
Permits
Beds
4
Baths
4
Stories
1
Lot width
109 ft.
Lot depth
150 ft.
Lot size
0.35 Acres
Year renovated
2019
Finished Sq. Ft.
3,177
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,177
Year built
2019
Style
Single Family Residential
County
Indian River County
APN
33403100015000000010.0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
RS-6
Single-Family Residential Districts
The single-family districts are established to implement the policies of the Indian River County Comprehensive Plan for managing land designated for residential uses, providing single-family housing opportunities, and ensuring adequate public facilities to meet the needs of residents. These districts are also intended to implement the county's housing policies by providing opportunities for a varied and diverse housing supply.
Permitted uses
Include but are not limited to:
Housing-Single unit
Mar 6, 2026 • Final
Auto issuance permits (online)
Replace the water heater.
Plumbing
Water heater
May 16, 2025 • Final
Installation of 26kw standby generator with ats
Install a standby generator with an automatic transfer switch.
Electrical
Generator
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Vero Beach, FL • 32962
Average low and high temperatures (°F)
70
53
74
57
77
63
79
69
85
74
87
75
89
76
89
76
86
75
82
73
78
64
75
60
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in Vero Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2340 Pine Valley Rd SW
$1,190,130
$9,870 under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $1.1M.