$6,495,000
5551 SW Mistletoe Lane
Explore the area: Palm City homes for sale · Martin County real estate
Price Check
How this price compares
- List price
- $6,495,000
- Price per sq ft
- $870
- Original price
- $6,995,000
- Days on market
- 230
This 4-bedroom single-family home in Palm City Farms is listed at $6,495,000, or $870 per square foot. The asking price has come down 7.1% from its original $6,995,000. It has been on the market for 230 days.
Estimated monthly payment
$34,134 /mo
Principal and interest only, based on $1,299,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $746/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $6,495,000
- Days on Site
- 230 Days
- Bedrooms
- 4
- Total Baths
- 7
- Full Baths
- 5
- Partial Baths
- 2
- Living Area
- 7,466 sqft
- Total Sq Ft
- 8,168 sqft
- Lot Size
- 12 Acres
- Year Built
- 1995
- Property Type
- Single Family
- MLS #
- M20054996
- Property Tax
- $43,618 (2025)
- HOA Fees
- $746 / Monthly
- Subdivision
- Palm City Farms
- Development
- Palm City Farms
- County
- Martin
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Exquisite 12-Acre Plantation-Style Estate with Private Hangar in Palm City. Welcome to a truly remarkable estate that seamlessly blends timeless Southern charm with modern luxury. This private sanctuary offers a grand 7,466-square-foot residence, 1,444 square feet of covered outdoor living space with full summer kitchen, gas fireplace with additional screened patio, a 3 tiered pool and an expansive 4,800 square-foot hangar with office/bath and direct taxiway access. This estate is designed for those who appreciate fine craftsmanship and elegant architecture. From the moment you arrive, a gated entrance and tree-lined driveway lead you to the stately home, with both formal and family living spaces & private office, and a Chef's kitchen with an island and multiple prep stations. The spacious primary suite features two baths & private sitting room. With three additional bedroom suites upstairs this estate provides ample space for comfortable living, entertaining, and working from home.
General Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1995
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Attached Garage
- Yes
- Parking
- Attached / Detached / Garage / Garage Door Opener
- Lot Size (Acres)
- 12
- Living Sq Ft
- 7,466
- Total Sq Ft
- 8,168
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Well
Interior Features
- Appliances
- Dryer / Dishwasher / Gas Range / Microwave / Oven / Water Purifier Owned / Refrigerator / Water Purifier / Washer
- Cooling
- Central Air / Ceiling Fans
- Heating
- Central
- Flooring
- Carpet / Marble
- Fireplace
- Yes
- Interior Features
- Breakfast Bar / Built In Features / Breakfast Area / Bathtub / Cathedral Ceilings / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Garden Tub Roman Tub / High Ceilings / Jetted Tub / Kitchen Island / Main Level Primary / Multiple En Suite Bathrooms / Pantry / Split Bedrooms / Soaking Tub / Separate Shower / Vaulted Ceilings / Walk In Closets
- Laundry
- Laundry Tub
- Windows
- Shutters
- Total Rooms
- 10
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Frame / Concrete / Stucco
- Roof
- Spanish Tile
- Exterior Features
- Built In Barbecue / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area / Porch
- Architectural Style
- Colonial / Georgian
- Private Pool
- Yes
- Pool Features
- Gunite / In Ground / Pool Equipment / Screen Enclosure
- Patio & Porch
- Covered / Patio / Porch / Screened
- Lot Features
- Sprinklers Automatic / Sprinkler System
- View
- Pond / Preserve
Community & HOA
- HOA Fee
- $746 / Monthly
- HOA Includes
- Common Areas / Reserve Fund
- Community Features
- Home Owners Association / Equestrian Facilities
- Security
- Security Gate / Security Fence
- Utilities
- Electricity Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 6100 - Palm City West/Indiantown
Schools
- Elementary School
- Citrus Grove (Martin)
- Middle School
- Hidden Oaks
- High School
- South Fork
About the Community
Palm City Farms is a luxury community in Palm City, Martin County, Florida. Properties are priced from $950,000 to $7,000,000. Pure Equity lists homes in Palm City Farms and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 18
- Under Contract
- 2
- Median List Price
- $1,386,500
- Median Sale Price (October)
- $950,000
- Median $/Sq Ft
- $604
- Avg Days on Market
- 165
Frequently Asked Questions
- How do I schedule a tour of 5551 SW Mistletoe Lane, Palm City, FL 34990?
- Use the Tour button on this listing to request a showing of 5551 SW Mistletoe Lane, Palm City, FL 34990. 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 5551 SW Mistletoe Lane, Palm City, FL 34990 still available?
- 5551 SW Mistletoe Lane, Palm City, FL 34990 is currently listed as Active, and has been on the market 230 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 5551 SW Mistletoe Lane, Palm City, FL 34990?
- With 20% down ($1,299,000) on the $6,495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5551 SW Mistletoe Lane, Palm City, FL 34990 is about $34,134/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5551 SW Mistletoe Lane, Palm City, FL 34990?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5551 SW Mistletoe Lane, Palm City, FL 34990. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5551 SW Mistletoe Lane, Palm City, FL 34990 have an HOA fee?
- Yes: 5551 SW Mistletoe Lane, Palm City, FL 34990 carries an HOA fee of about $746 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5551 SW Mistletoe Lane, Palm City, FL 34990?
- 5551 SW Mistletoe Lane, Palm City, FL 34990 is zoned for Citrus Grove (Martin) (elementary), Hidden Oaks (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 5551 SW Mistletoe Lane, Palm City, FL 34990?
- Often, yes. The right offer on 5551 SW Mistletoe Lane, Palm City, FL 34990 depends on how it's priced against comparable single family sales in Palm City, 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 Berkshire Hathaway Florida Rea
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 November 14, 2026.
$6,495,000
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Listed by Joan Rogers, Berkshire Hathaway Florida Rea
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Palm City Farms
These are the last 6 recorded closings in Palm City Farms, with the price each home actually sold for rather than what it was listed at. They closed at a median of $431 per square foot. The most recent closed on November 12, 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$1,862,500
Sold · November 12, 2026
6161 SW 42nd Street
5 bed · 4.5 bath · 4,169 sqft · $447/sqft
$112,500 under the asking price
Sold$1,500,000
Sold · October 15, 2026
4496 SW 96TH Street
0 bed · 0 bath
$250,000 under the asking price
Sold$950,000
Sold · October 14, 2026
5023 SW Martin Commons Way
4 bed · 3 bath · 2,935 sqft · $324/sqft
$100,000 under the asking price
Sold$950,000
Sold · October 14, 2026
5023 SW Martin Commons Way
4 bed · 3 bath · 2,935 sqft · $324/sqft
$100,000 under the asking price
Sold$1,000,000
Sold · September 25, 2026
6347 SW Travers Street
3 bed · 3 bath · 2,319 sqft · $431/sqft
$70,000 under the asking price
Sold$650,000
Sold · September 24, 2026
9935 SW Citrus
0 bed · 0 bath
$600,000 under the asking price
See every recorded sale in Palm City Farms or find out what your Palm City Farms home is worth.





