$1,150,000
Sold · September 3, 2025
718 SW Riverwatch Place
Explore the area: Stuart homes for sale · Martin County real estate
Sale Summary
What this home sold for
- Sold price
- $1,150,000
- Vs. list price
- 3.3% under
- Days on market
- 9
- Price per sq ft
- $411
This 3-bedroom single-family home in Banyan Bay Pud Phase 2a & 2b sold for $1,150,000 on September 3, 2025. That was 3.3% below its final list price of $1,189,000. It spent 9 days on the market. At $411 per square foot, it closed 20.5% above the $341 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,150,000
- Sold On
- September 3, 2025
- Days on Site
- 9 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,800 sqft
- Total Sq Ft
- 3,887 sqft
- Lot Size
- 0.39 Acres
- Year Built
- 2022
- Property Type
- Single Family
- MLS #
- R11114101
- Property Tax
- $10,418 (2024)
- HOA Fees
- $344 / Monthly
- Subdivision
- BANYAN BAY PUD PHASE 2A & 2B
- Development
- BANYAN BAY
- County
- Martin
- Status
- Sold
About This Property
Luxury Living on One of Banyan Bay's Most Exceptional Homesites. Impeccably built in 2022, this elegant residence offers refined finishes, high-end design, and is set on one of the largest and most private corner cul-de-sac homesites in Banyan Bay. Surrounded by lush, custom landscaping and tranquil preserve views, the property blends sophistication, space, and serenity in a truly rare setting. Inside, soaring ceilings and oversized porcelain wood-look tile create a bright, airy atmosphere. The expansive great room showcases dramatic picture windows and a stunning 12-foot custom porcelain fireplace, anchoring the home in timeless modern elegance. The gourmet kitchen is both timeless and functional, with Cambria quartz countertops, double wall ovens, cooktop, and sleek cabinetry. The owner's suite offers a coffered ceiling, a luxurious soaking tub, large oversized shower, and an expansive walk-in closet. Step outside to enjoy the screen-enclosed covered lanai, perfect for relaxing or entertaining year-round in complete privacy with plenty of room for future pool and spa. Within the gated community of Banyan Bay, residents benefit from included front and back lawn care, irrigation, and quarterly pest control. The neighborhood features direct access to the St. Lucie River with a private dock, kayak/paddleboard launch, rinse station, and gazebo. Additional amenities include a clubhouse with gym, heated pool, activity room, and catering kitchen. Ideally located near I-95, the Turnpike, beaches, shopping, and dining this home offers a rare blend of luxury, lifestyle, and location
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- Southeast
- Lot Size (Acres)
- 0.39
- Living Sq Ft
- 2,800
- Total Sq Ft
- 3,887
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Other
- Fireplace
- Yes
- Interior Features
- Breakfast Bar / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Family Dining Room / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Kitchen Dining Combo / Pantry / Soaking Tub / Separate Shower / Walk In Closets
- Laundry
- Inside / Laundry Tub
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete
- Roof
- Concrete / Tile
- Exterior Features
- Outdoor Living Area / Room For Pool
- Pool Features
- Association
- Patio & Porch
- Covered / Patio / Porch / Screened
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic
- Waterfront Features
- None
- View
- Garden / Preserve
Community & HOA
- HOA Fee
- $344 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Recreation Facilities / Security
- Association Amenities
- Clubhouse / Fitness Center / Picnic Area / Pool / Sidewalks / Trails
- Community Features
- Home Owners Association / Gated / Street Lights
- Security
- Gated Community / Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 6070 - Stuart - South of Indian St
About the Community
Banyan Bay is an age-restricted 55+ community in Stuart, Martin County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $899,999 to $974,900. At least one resident per home must be 55 or older. Pure Equity lists homes in Banyan Bay 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
- 8
- Under Contract
- 3
- Median List Price
- $899,500
- Median $/Sq Ft
- $350
- Avg Days on Market
- 62
Frequently Asked Questions
- How do I schedule a tour of 718 SW Riverwatch Place, Stuart, FL 34997?
- Use the Tour button on this listing to request a showing of 718 SW Riverwatch Place, 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 718 SW Riverwatch Place, Stuart, FL 34997 still available?
- 718 SW Riverwatch Place, Stuart, FL 34997 is currently listed as Sold, and has been on the market 9 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 718 SW Riverwatch Place, Stuart, FL 34997?
- With 20% down ($237,800) on the $1,189,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 718 SW Riverwatch Place, Stuart, FL 34997 is about $6,249/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 718 SW Riverwatch Place, Stuart, FL 34997?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 718 SW Riverwatch Place, Stuart, FL 34997. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 718 SW Riverwatch Place, Stuart, FL 34997 have an HOA fee?
- Yes: 718 SW Riverwatch Place, Stuart, FL 34997 carries an HOA fee of about $344 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 718 SW Riverwatch Place, Stuart, FL 34997?
- Often, yes. The right offer on 718 SW Riverwatch Place, 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 The Agency Florida LLC
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.
$1,150,000
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Listed by Tonya L McDonald, The Agency Florida LLC
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Banyan Bay Pud Phase 2a & 2b
These are the last 6 recorded closings in Banyan Bay Pud Phase 2a & 2b, with the price each home actually sold for rather than what it was listed at. They closed at a median of $353 per square foot. The most recent closed on September 16, 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$720,000
Sold · September 16, 2026
4590 SW ARDSLEY Drive
2 bed · 2.5 bath · 2,193 sqft · $328/sqft
$29,000 under the asking price
Sold$853,000
Sold · August 4, 2026
4842 SW Millbrook Lane
4 bed · 2.5 bath · 2,978 sqft · $286/sqft
$46,900 under the asking price
Sold$1,050,000
Sold · July 7, 2026
684 SW Pennfield Terrace
4 bed · 3.5 bath · 2,971 sqft · $353/sqft
$49,990 under the asking price
Sold$1,100,000
Sold · May 28, 2026
4973 SW Winchester Drive
3 bed · 2.5 bath · 2,668 sqft · $412/sqft
$50,000 under the asking price
Sold$989,900
Sold · May 18, 2026
4802 SW Millbrook Lane
3 bed · 3.5 bath · 2,616 sqft · $378/sqft
Sold$706,000
Sold · May 14, 2026
163 SW Pomeroy Street
5 bed · 3 bath · 2,988 sqft · $236/sqft
$16,000 over the asking price
See every recorded sale in Banyan Bay Pud Phase 2a & 2b or find out what your Banyan Bay Pud Phase 2a & 2b home is worth.
