When was property at 1 Palama Way built and last sold?

The property at 1 Palama Way was built in 1995 and last sold on Aug 6, 2020 for $1,110,100.

How much is this home worth?

The estimated value of the home located at 1 Palama Way is $1,103,191.

What are some comparable homes to 1 Palama Way?

There are currently no comparable homes to 1 Palama Way.

Sewall's Point

34996

1 Palama Way

Sold on Aug 12, 2020

Map

$1,110,100

● House - Off Market

1 Palama Way

Stuart, FL 34996

5 Beds

4 Baths

4,622 Ft²

$1,505,341

RealtyHop Estimate

36.97%

Since Sep 1, 2020

National-US

Primary Model

About This Property

Located in the highly sought-after Sewall's Point enclave of Castle Hill, this meticulously cared-for showplace residence delivers tasteful luxury on a lush half-acre lot. Located outside mandatory flood insurance zone. New roof in 2017, 22kw whole-home generator, complete hurricane protection in 2019 (including impact windows upstairs), 750 gal. total propane tanks, complete summer kitchen, and free-form salt pool/spa with heat and child fencing. Inside, the floor plan shines: five bedrooms, plus dedicated office, formal dining, AND appx. 700sf flex room. Wood and marble flooring, crown molding, custom millwork throughout home. Downstairs master offers two walk-in custom closets, and separate tub/shower. Updated kitchen features gas range, double ovens, pantry, and ample counters. Four guest bedrooms enjoy beautiful vistas, access to an expansive upstairs full-front balcony, and custom closets. Voluminous 3-car garage provides additional storage. Public water AND sewer.

Unit Size

4,622 Ft²

Days on Market

46 days

Land Size

0.53 acres

Price per sqft

$238

Property Type

House

Property Taxes

$1,147

HOA Dues

$95

Year Built

1995

Payment Calculator

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Last updated: 2 months ago (MCRTC #M20024374)

Price History

Date / Event	Date	Event
Aug 14, 2020	Sold	Premium
Sold
Jun 27, 2020	Listed by Premier Realty Group Inc	$1,099,000
Listed by Premier Realty Group Inc
Jun 15, 2017	Sold	Premium
Sold
Feb 1, 2017	Listed by Premier Realty Group Inc	$949,000
Listed by Premier Realty Group Inc
Sep 18, 2012	Sold	Premium
Sold
Jun 29, 2012	Listed by Illustrated Properties/Sewalls Point	$875,000
Listed by Illustrated Properties/Sewalls Point

	Traditіοnаl Southern Charm Lаrgе 5 bedrοοm 4 Bath awesome fаmilу home. Formal Living & dining, downstairs Master suite with marble bathrooms, his & her walk in closets. Attention to detail everywhere with crown moldings, Andersen windows, stone & wood floors, masonary fireplace, family/game room, office/library, gourmet eat in kitchen, outside pool bar with BBQ and extensive entertaining areas surrounded by lush tropical landscape, 3 car garage and much more. This home is a MUST SEE!!!

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1995

Effective Year Built: 2005
Building Count: 1
Total Rooms: 4
Bedroom Count: 4
Bathroom Count: 4
Full Bathrooms: 4
Partial Bathrooms: 4
Building Condition: 6
Building Quality: 4
Construction Type: 6
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 4
Garage Square Area: 729
Parking Space Count: 3
Patio Type: 59
Porch Type: 102
Pool Type: 2

Dimensions

Lot Size Square Feet: 23,087

Total Building Area: 4,622
Gross Building Area: 4,622
Building Area: 4,622
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 4,622
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: CASTLE HILL
Land Acres: 0000000530
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: CASTLE HILL LOT 26 PI# 26-37-41-015-000-00260-90000

Neighborhood

School District Name: Martin County School District

Census Tract: 000502

Zoning

Zoning: R1

Geography

Assessors Map Reference: SP-01

Parcel: 26-37-41-015-000-00260-9
Lot: 26
Meridian: SEC 26 TWN 37S RNG 41E
Latitude: 27.2173
Longitude: -80.2112

Address

Full Address: 1 Palama Way

Address - House Number: 1
Address - Street Name: Palama
Address - Suffix Type: Way
State: FL
City Name: Stuart
Carrier Code: C021
4-Digit Zip Code: 6511
Zip Code: 34996

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,813,550
Tax Rate Code Area: 2200 SEWAL

Appraisal Valuation

Standard Deviation: 0.2066

Valuation Date: Jan 27, 2024
Confidence Score: 72
Final Value: 1,967,616
High Value: 2,374,276
Low Value: 1,560,957

Open Liens

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Market Valuation

Market Total Value: $1,267,830

Market Land Value: $400,000
Market Improvement Value: $867,830

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,111,748

Sales

Current Sale Contract Date: Aug 06, 2020

Current Sale Recording Date: Aug 14, 2020
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 2832109
Previous Sale Recording Date: Jun 15, 2017
Previous Sale Contract Date: Jun 01, 2017
Previous Sale Amount: $910,000
Previous Sale Document Type: 71

Last Sale Mortgage

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sewall's Point

Stats & Trends

Median Asking:

$2,297,450

Sale Price/ft²

$652

Below Asking

0.04%

Average Days on Market

Average Home Size

3391 ft²

Average Home Age

35.8 years

Currently For Sale

21 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 390 Ne Edgewater Drive, Stuart, FL, 34996

$5,500 /mo

2 Beds
2 Baths
970 ft²

390 Ne Edgewater Drive #403, Stuart, FL, 34996 Listing by Mary Jill Elizabeth Falcigno

Unit for rent at 1841 Se Roxy Way, Stuart, FL, 34996

$3,100 /mo

3 Beds
2 Baths
1,814 ft²

1841 Se Roxy Way, Stuart, FL, 34996 Listing by Sam Elias

Unit for rent at 1622 Ne Maureen Court, Jensen Beach, FL, 34957

$1,900 /mo

2 Beds
1 Bath
780 ft²

1622 Ne Maureen Court, Jensen Beach, FL, 34957 Listing by Kevin J Schevers

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Stephen Ngo, Premier Realty Group Inc
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20024374

The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.