$1,099,000
785 SW PENNFIELD Terrace
Explore the area: Stuart homes for sale · Martin County real estate
Price Check
How this price compares
- List price
- $1,099,000
- Price per sq ft
- $412
- Vs. nearby sales
- 18.7% above
- Days on market
- 10
This 3-bedroom single-family home in Banyan Bay Pud Phase 2a & 2b is listed at $1,099,000, or $412 per square foot. It has been on the market for 10 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $347 per square foot, so the asking price is 18.7% above what comparable homes here actually sold for.
Estimated monthly payment
$5,776 /mo
Principal and interest only, based on $219,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $325/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,099,000
- Days on Site
- 10 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 2,668 sqft
- Total Sq Ft
- 3,601 sqft
- Lot Size
- 0.22 Acres
- Year Built
- 2021
- Property Type
- Single Family
- MLS #
- B26094395
- Property Tax
- $10,652 (2025)
- HOA Fees
- $325 / Monthly
- Subdivision
- BANYAN BAY PUD PHASE 2A & 2B
- County
- Martin
- Status
- Active
- Special Conditions
- Standard
About This Property
Built in 2021, this beautifully appointed 3-bedroom, 2.5-bathroom residence with a private study and 3-car garage offers the perfect blend of modern design, privacy, and effortless Florida living. Ideally situated on a premium corner homesite at the end of a quiet cul-de-sac within the gated community of Banyan Bay, this exceptional home showcases picturesque lake and preserve views with no rear neighbors. Step inside to discover soaring ceilings, oversized high-gloss porcelain tile flooring, and a bright, open-concept floor plan designed for both everyday living and entertaining. The spacious great room flows seamlessly into the gourmet kitchen, complete with stainless steel appliances, white quartz countertops, modern cabinetry, and generous prep space. The private owner's suite offers a relaxing retreat with a tray ceiling, spa-inspired bathroom, soaking tub, walk-in shower, and beautifully appointed cabinetry. Hunter Douglas window treatments and plantation shutters throughout add an additional touch of sophistication. Enjoy the best of outdoor Florida living from the oversized, covered lanai, where expansive lake and preserve views create a peaceful backdrop and exceptional privacy. The spacious backyard offers ample room for design and build your dream custom pool and spa, creating the ultimate private outdoor oasis. This desirable corner homesite combines the benefits of cul-de-sac living, scenic surroundings, and the opportunity to create your ideal Florida lifestyle. Banyan Bay residents enjoy a low-maintenance lifestyle with lawn care, irrigation, quarterly pest control, and fertilization included. Community amenities feature private St. Lucie River access, a fishing dock, kayak and paddleboard launch, rinse station, and waterfront gazebo. The clubhouse offers a fitness center, resort-style pool, activity room, and catering kitchen for social gatherings and community events.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 2021
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- West
- Lot Size (Acres)
- 0.22
- Living Sq Ft
- 2,668
- Total Sq Ft
- 3,601
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Ice Maker / Microwave / Range / Refrigerator / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central
- Flooring
- Carpet / Tile / Wood
- Interior Features
- Built In Features / Breakfast Area / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Entrance Foyer / High Ceilings / Kitchen Island / Main Level Primary / Pantry / Sitting Area In Primary / Split Bedrooms / Walk In Closets
- Laundry
- Inside / Laundry Room / Laundry Tub / Sink
- Main Level Bedrooms
- 3
- Main Level Baths
- 3
- Total Rooms
- 9
- Furnished
- Unfurnished
Exterior Features
- Construction
- Concrete / Stucco
- Roof
- Concrete / Tile
- Exterior Features
- Outdoor Living Area / Room For Pool
- Architectural Style
- Colonial / Ranch
- Pool Features
- Association
- Patio & Porch
- Covered / Patio
- Lot Features
- Cul De Sac / Many Trees / Sprinklers Automatic / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Lake
Community & HOA
- HOA Fee
- $325 / Monthly
- HOA Includes
- Common Areas / Recreation Facilities / Security
- Association Amenities
- Clubhouse / Pool / Sidewalks
- Community Features
- Home Owners Association / Gated / Street Lights / Sidewalks
- Security
- Gated Community / Smoke Detectors
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- Number Limit / Yes
- Financing Terms
- Cash / Conventional / Va Loan
- Restrictions
- No Commercial Vehicles / Ok To Lease
- MLS Area
- 6070 - Stuart - South of Indian St
This home's HOA fee works out to $325 a month, in line with the $325 median across 9 homes for sale in Banyan Bay Pud Phase 2a & 2b. See Banyan Bay Pud Phase 2a & 2b HOA fees
Schools
- Elementary School
- J.D. Parker
- Middle School
- Dr. David L. Anderson
- High School
- Martin County
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
- 9
- Under Contract
- 2
- Median List Price
- $875,000
- Median $/Sq Ft
- $343
- Avg Days on Market
- 79
Frequently Asked Questions
- How do I schedule a tour of 785 SW PENNFIELD Terrace, Stuart, FL 34997?
- Use the Tour button on this listing to request a showing of 785 SW PENNFIELD Terrace, 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 785 SW PENNFIELD Terrace, Stuart, FL 34997 still available?
- 785 SW PENNFIELD Terrace, Stuart, FL 34997 is currently listed as Active, and has been on the market 10 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 785 SW PENNFIELD Terrace, Stuart, FL 34997?
- With 20% down ($219,800) on the $1,099,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 785 SW PENNFIELD Terrace, Stuart, FL 34997 is about $5,776/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 785 SW PENNFIELD Terrace, Stuart, FL 34997?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 785 SW PENNFIELD Terrace, Stuart, FL 34997. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 785 SW PENNFIELD Terrace, Stuart, FL 34997 have an HOA fee?
- Yes: 785 SW PENNFIELD Terrace, Stuart, FL 34997 carries an HOA fee of about $325 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 785 SW PENNFIELD Terrace, Stuart, FL 34997?
- 785 SW PENNFIELD Terrace, Stuart, FL 34997 is zoned for J.D. Parker (elementary), Dr. David L. Anderson (middle), Martin County (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 785 SW PENNFIELD Terrace, Stuart, FL 34997?
- Often, yes. The right offer on 785 SW PENNFIELD Terrace, 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 November 14, 2026.
$1,099,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Alexa N 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 November 6, 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$685,000
Sold · November 6, 2026
4630 SW Ardsley Drive
3 bed · 2 bath · 2,008 sqft · $341/sqft
$14,000 under the asking price
Sold$878,000
Sold · October 30, 2026
4734 SW BRIARWOOD Court
3 bed · 2.5 bath · 2,306 sqft · $381/sqft
$21,000 under the asking price
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
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.
