$1,250,000
8823 Oak Grove Terrace
Hobe Sound, FL 33455
Explore the area: Hobe Sound homes for sale · Martin County real estate
Price Check
How this price compares
- Asking price
- $1,250,000
- Price per sq ft
- $358
- Original price
- $1,350,000
- Days on market
- 221
This 4-bedroom single-family home in Osprey Cove Yacht Club went under contract with an asking price of $1,250,000, or $358 per square foot. The asking price has come down 7.4% from its original $1,350,000. It spent 221 days on the market before going under contract.
Estimated monthly payment
$6,569 /mo
Principal and interest only, based on $250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $425/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,250,000
- Days on Site
- 221 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 3,495 sqft
- Total Sq Ft
- 4,605 sqft
- Lot Size
- 0.43 Acres
- Year Built
- 2003
- Property Type
- Single Family
- MLS #
- M20054158
- Property Tax
- $10,451 (2025)
- HOA Fees
- $425 / Monthly
- Subdivision
- Osprey Cove Yacht Club
- Development
- Osprey Cove Yacht Club
- County
- Martin
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
A rare opportunity is now available for this Arthur Rutenberg custom home in the beautiful community of Osprey Cove Yacht Club in Hobe Sound. This home is situated on a larger lot size of 0.43 acres on a quiet cul-de-sac . The interior size of the home -3495sf under air supports 4 bedrooms and 3 baths. The 4th bedroom is a guest area and has its own bath, wet bar, wine cooler, sitting area and separate exit to the patio and pool. There is a library/office room at the front of the home. The total square feet of the home (4605) includes a screened-in patio, saltwater pool and spa, summer kitchen and a 3-car garage. A new barrel roof was installed in 2024, 2 new a/c units installed in 2023 and 2024. Osprey Cove Yacht Club has a private marina adjacent to the intracoastal waterway, a community clubhouse, pool and other amenities. The surrounding area is filled with restaurants and fun activities for all ages. Come and experience this wonderful home and community.
General Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2003
- Property Condition
- Resale
- Number of Stories
- 1
- Lot Size (Acres)
- 0.43
- Living Sq Ft
- 3,495
- Total Sq Ft
- 4,605
- Structure Type
- House
Interior Features
- Cooling
- Central Air
- Heating
- Central / Individual
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete
- Roof
- Barrel
- Architectural Style
- Traditional
- Private Pool
- Yes
- Pool Features
- Concrete / Heated / In Ground / Pool Equipment / Association
- Lot Features
- Less Than Quarter Acre
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Lake
Community & HOA
- HOA Fee
- $425 / Monthly
- HOA Includes
- Common Areas / Pools
- Association Amenities
- Boating / Clubhouse / Picnic Area / Pool / Sidewalks / Tennis Courts
- Community Features
- Home Owners Association / Boat Facilities / Gated / Street Lights
- Security
- Gated With Guard / Gated Community
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Commercial Vehicles / Ok To Lease / Rental Restriction
- MLS Area
- 6140 - Hobe Sound/Stuart - South of Cove Rd
Schools
- Elementary School
- Hobe Sound
- Middle School
- Murray
- High School
- South Fork
Features & Amenities
About the Community
Osprey Cove Yacht Club is a luxury gated, waterfront, luxury community in Hobe Sound, Martin County, Florida. Properties are priced from $1,200,000 to $1,300,000. Pure Equity lists homes in Osprey Cove Yacht Club 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
- 2
- Under Contract
- 1
- Median List Price
- $1,324,500
- Median $/Sq Ft
- $456
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 8823 Oak Grove Terrace, Hobe Sound, FL 33455?
- Use the Tour button on this listing to request a showing of 8823 Oak Grove Terrace, Hobe Sound, FL 33455. 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 8823 Oak Grove Terrace, Hobe Sound, FL 33455 still available?
- 8823 Oak Grove Terrace, Hobe Sound, FL 33455 is currently listed as Under Contract, and has been on the market 221 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 8823 Oak Grove Terrace, Hobe Sound, FL 33455?
- With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8823 Oak Grove Terrace, Hobe Sound, FL 33455 is about $6,569/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 8823 Oak Grove Terrace, Hobe Sound, FL 33455?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8823 Oak Grove Terrace, Hobe Sound, FL 33455. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 8823 Oak Grove Terrace, Hobe Sound, FL 33455 have an HOA fee?
- Yes: 8823 Oak Grove Terrace, Hobe Sound, FL 33455 carries an HOA fee of about $425 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 8823 Oak Grove Terrace, Hobe Sound, FL 33455?
- 8823 Oak Grove Terrace, Hobe Sound, FL 33455 is zoned for Hobe Sound (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 8823 Oak Grove Terrace, Hobe Sound, FL 33455?
- Often, yes. The right offer on 8823 Oak Grove Terrace, Hobe Sound, FL 33455 depends on how it's priced against comparable single family sales in Hobe Sound, 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 Priority One Properties of Flo
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 September 27, 2026.
$1,250,000
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 Marie A. Caiazza, Priority One Properties of Flo
Map & Location
Cities in Martin County
Zip Codes in Martin County
Property Types
Recent Sales
Recently sold homes in Osprey Cove Yacht Club
These are the last 2 recorded closings in Osprey Cove Yacht Club, with the price each home actually sold for rather than what it was listed at. They closed at a median of $464 per square foot. The most recent closed on June 15, 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$1,330,000
Sold · June 15, 2026
9990 SE Osprey Pointe Drive
4 bed · 3 bath · 2,866 sqft · $464/sqft
$169,000 under the asking price
Sold$1,085,000
Sold · February 25, 2026
9790 SE Crape Myrtle Court
4 bed · 3 bath · 2,423 sqft · $448/sqft
$15,000 under the asking price
See every recorded sale in Osprey Cove Yacht Club or find out what your Osprey Cove Yacht Club home is worth.
