$1,950,000
1500 SE Cove Road
WACO FIELD PLACE
Explore the area: Stuart homes for sale · Martin County real estate
Price Check
How this price compares
- Asking price
- $1,950,000
- Price per sq ft
- $590
- Original price
- $2,200,000
- Days on market
- 227
This 6-bedroom single-family home in ZIP 34997 went under contract with an asking price of $1,950,000, or $590 per square foot. The asking price has come down 11.4% from its original $2,200,000. It spent 227 days on the market before going under contract.
Estimated monthly payment
$10,248 /mo
Principal and interest only, based on $390,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $1,950,000
- Days on Site
- 227 Days
- Bedrooms
- 6
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 3,305 sqft
- Total Sq Ft
- 4,171 sqft
- Lot Size
- 2.38 Acres
- Year Built
- 1981
- Property Type
- Single Family
- MLS #
- R11133977
- Property Tax
- $445 (2025)
- Subdivision
- WACO FIELD PLACE
- County
- Martin
- Status
- Under Contract
About This Property
This convenient location has been rezoned multi family commercial Owner has survey in hand. Other purposes possible check with Martin County for your particular situation. There are 3 houses on property presently considered teardown so ready to build Electric and water already on site! Access road off Cove Rd on Grace Lane for easy access to property. Owner had the property accepted survey through Martin County sectioning off property into 4 half acre apx parcels allowing 2 houses per One half the size of primary on a accepted site plan. We have included another possibility that has not been approved but just to show other possible options Buyer and buyers broker to use due diligence for your intended purpose for property!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1981
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Parking
- Circular Driveway / Detached / Garage
- Direction Faces
- North
- Lot Size (Acres)
- 2.38
- Living Sq Ft
- 3,305
- Total Sq Ft
- 4,171
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- A-1 RES
Interior Features
- Appliances
- Electric Range / Refrigerator
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Interior Features
- None
- Main Level Bedrooms
- 5
- Main Level Baths
- 3
- Furnished
- Unfurnished
Exterior Features
- Construction
- Frame
- Roof
- Other
- Lot Features
- Two To Three Acres
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Security
- None
- Utilities
- Cable Available / Electricity Connected / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Va Loan
- Restrictions
- No Restrictions
- MLS Area
- 6120 - Stuart - Southwest
Schools
- Elementary School
- SeaWind
- Middle School
- Murray
- High School
- South Fork
About the Area
Browse Stuart homes for sale across every neighborhood and price point in Martin. Available homes span single-family, townhome, and condo segments throughout the city. Stuart includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Martin, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Martin market data, see Florida Realtors' monthly statistics. Browse the latest Stuart listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 675
- Under Contract
- 161
- Median List Price
- $420,000
- Median Sale Price (September)
- $417,500
- Median $/Sq Ft
- $274
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 1500 SE Cove Road, Stuart, FL 34997?
- Use the Tour button on this listing to request a showing of 1500 SE Cove Road, Stuart, FL 34997. 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 1500 SE Cove Road, Stuart, FL 34997 still available?
- 1500 SE Cove Road, Stuart, FL 34997 is currently listed as Under Contract, and has been on the market 227 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 1500 SE Cove Road, Stuart, FL 34997?
- With 20% down ($390,000) on the $1,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 SE Cove Road, Stuart, FL 34997 is about $10,248/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 1500 SE Cove Road, Stuart, FL 34997?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 SE Cove Road, Stuart, FL 34997. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1500 SE Cove Road, Stuart, FL 34997?
- 1500 SE Cove Road, Stuart, FL 34997 is zoned for SeaWind (elementary), Murray (middle), South Fork (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 1500 SE Cove Road, Stuart, FL 34997?
- Often, yes. The right offer on 1500 SE Cove Road, Stuart, FL 34997 depends on how it's priced against comparable single family sales in Stuart, 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 Dalton Wade Inc
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 July 1, 2026.
$1,950,000
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Listed by Shelley Marko, Dalton Wade Inc
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in ZIP 34997
These are the last 6 recorded closings in ZIP 34997, with the price each home actually sold for rather than what it was listed at. They closed at a median of $327 per square foot. The most recent closed on October 13, 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$859,155
Sold · October 13, 2026
10281 SW Highpointe Drive Easley 276
3 bed · 3 bath · 2,744 sqft · $313/sqft
Sold$310,000
Sold · October 13, 2026
4099 SE Centerboard Lane 4-B
2 bed · 2 bath · 1,588 sqft · $195/sqft
$5,000 under the asking price
Sold$535,000
Sold · October 13, 2026
7671 SW Harbor Cove Drive
3 bed · 2 bath · 1,636 sqft · $327/sqft
$6,000 over the asking price
Sold$315,000
Sold · October 9, 2026
6508 SE Windsong Lane
3 bed · 2.5 bath · 1,512 sqft · $208/sqft
$5,000 over the asking price
Sold$875,000
Sold · October 8, 2026
4689 SE Glen Ridge Trail
4 bed · 2.5 bath · 2,120 sqft · $413/sqft
$22,500 under the asking price
Sold$875,000
Sold · October 8, 2026
4689 SE Glenridge Trail
4 bed · 2.5 bath · 2,121 sqft · $413/sqft
$22,500 under the asking price
See every recorded sale in ZIP 34997 or find out what your ZIP 34997 home is worth.
