$905,000
Sold · September 24, 2026
12050 138th Avenue
FELLSMERE FARMS COMPANY'S SUBDIVISION
Explore the area: Fellsmere homes for sale · Indian River County real estate
Sale Summary
What this home sold for
- Sold price
- $905,000
- Vs. list price
- 9% under
- Days on market
- 102
- Price per sq ft
- $557
This 3-bedroom single-family home in ZIP 32948 sold for $905,000 on September 24, 2026. That was 9% below its final list price of $995,000. It first came on the market at $1,295,000, so the price was adjusted before it sold. It spent 102 days on the market. At $557 per square foot, it closed 92.7% above the $289 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $905,000
- Sold On
- September 24, 2026
- Days on Site
- 102 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,624 sqft
- Total Sq Ft
- 1,624 sqft
- Lot Size
- 9.19 Acres
- Year Built
- 2001
- Property Type
- Single Family
- MLS #
- B26019249
- Property Tax
- $6,038 (2024)
- Subdivision
- FELLSMERE FARMS COMPANY'S SUBDIVISION
- County
- Indian River
- Status
- Sold
- Special Conditions
- Standard
About This Property
Escape to tranquility with this stunning 10-acre property bordering the St. Sebastian Preserve. Experience wildlife roaming the land and enjoy the peaceful ambiance. Farm home features 3 bedrooms, 2 bathrooms, and an inviting open-concept layout. Additional highlights include a whole-house generator, brand-new kitchen appliances, and a spacious 50 x 70 building with electrical and water services. The property also boasts a serene pond. Enjoy breathtaking views and the beauty of nature right at your doorstep. This is more than just a home—it's a lifestyle. Schedule your private tour today!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2001
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Carport / Detached Carport / Driveway
- Direction Faces
- West
- Lot Size (Acres)
- 9.19
- Living Sq Ft
- 1,624
- Total Sq Ft
- 1,624
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Well
- Zoning
- A-2
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Tile
- Interior Features
- Bathtub / Garden Tub Roman Tub / Kitchen Island / Main Level Primary / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Walk In Closets
- Laundry
- Inside
- Windows
- Casement Windows
- Main Level Bedrooms
- 3
- Main Level Baths
- 2
- Total Rooms
- 13
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Metal
- Exterior Features
- Outdoor Living Area
- Patio & Porch
- Covered / Patio
- Lot Features
- Five To Ten Acres / Many Trees
- Waterfront
- Yes
- Waterfront Features
- Lake Front / Pond
- View
- Lake / Pond / Preserve
Community & HOA
- Security
- Smoke Detectors
- Utilities
- Natural Gas Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 6352 - Sebastian County (IR)
Schools
- Elementary School
- Fellsmere
- Middle School
- Sebastian River
- High School
- Sebastian River
About the Area
- Homes for Sale
- 17
- Median List Price
- $835,000
- Median $/Sq Ft
- $328
- Avg Days on Market
- 338
Frequently Asked Questions
- How do I schedule a tour of 12050 138th Avenue, Fellsmere, FL 32948?
- Use the Tour button on this listing to request a showing of 12050 138th Avenue, Fellsmere, FL 32948. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 12050 138th Avenue, Fellsmere, FL 32948 still available?
- 12050 138th Avenue, Fellsmere, FL 32948 is currently listed as Sold, and has been on the market 102 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 12050 138th Avenue, Fellsmere, FL 32948?
- With 20% down ($199,000) on the $995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12050 138th Avenue, Fellsmere, FL 32948 is about $5,229/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 12050 138th Avenue, Fellsmere, FL 32948?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12050 138th Avenue, Fellsmere, FL 32948. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 12050 138th Avenue, Fellsmere, FL 32948?
- 12050 138th Avenue, Fellsmere, FL 32948 is zoned for Fellsmere (elementary), Sebastian River (middle), Sebastian River (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 12050 138th Avenue, Fellsmere, FL 32948?
- Often, yes. The right offer on 12050 138th Avenue, Fellsmere, FL 32948 depends on how it's priced against comparable single family sales in Fellsmere, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX Crown Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$905,000
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Listed by Donna Marie Miller, RE/MAX Crown Realty
Map & Location
Cities in Indian River County
Zip Codes in Indian River County
Property Types
Recent Sales
Recently sold homes in ZIP 32948
These are the last 6 recorded closings in ZIP 32948, with the price each home actually sold for rather than what it was listed at. They closed at a median of $311 per square foot. The most recent closed on August 21, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$425,000
Sold · August 21, 2026
TBD Tbd 512
0 bed · 0 bath
$14,000 under the asking price
Sold$715,000
Sold · June 12, 2026
12450 77th Street
3 bed · 2.5 bath · 2,676 sqft · $267/sqft
$10,000 under the asking price
Sold$655,000
Sold · May 8, 2026
12750 79th Street
4 bed · 2.5 bath · 2,105 sqft · $311/sqft
$34,900 under the asking price
Sold$250,000
Sold · May 8, 2026
48 N Oak Street
3 bed · 2 bath · 1,107 sqft · $226/sqft
$100 over the asking price
Sold$695,000
Sold · May 6, 2026
12585 S 89th Street
3 bed · 2.5 bath · 1,944 sqft · $358/sqft
Sold$275,000
Sold · May 1, 2026
0 County 512 Road
0 bed · 0 bath
$25,000 under the asking price
See every recorded sale in ZIP 32948 or find out what your ZIP 32948 home is worth.
