by Global Lifestyle Properties

See Home Value
Martin 34997
718 SW Riverwatch Place
$1,150,000
● House - Off Market

718 SW Riverwatch Place

Stuart, FL 34997
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,800 Ft²
$7,051
Est. Monthly
$344
HOA / Fees
1.65%
Cap Rate

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
Unit Size
2,800 Ft²
Days on Market
26 days
Land Size
0.39 acres
Price per sqft
$425
Property Type
House
Property Taxes
$868
HOA Dues
$344
Year Built
2022

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Last updated: 5 months ago (Beaches MLS #R11114101)

Price History

Date / Event Date Event Price
Sep 3, 2025 Sold
Sold
Aug 18, 2025 In contract -
In contract
Aug 8, 2025 Listed by The Agency Florida LLC $1,189,000
Listed by The Agency Florida LLC
Jun 13, 2022 Sold
Sold
May 27, 2021 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BANYAN BAY PUD PHASE 2A & 2B
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 104 BANYAN BAY PUD PHASE 2A & 2B ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 18 PAGE 6 PUBLIC RECORDS MARTIN COUNTY FLORIDA

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001103

Geography

  • Assessors Map Reference: HG-13 & HG-16
  • Parcel: 41-38-41-009-000-01040-0
  • Lot: 104
  • Meridian: SEC 41 TWN 38S RNG 41E
  • Latitude: 27.1405
  • Longitude: -80.2558

    Address

  • Full Address: 718 Sw Riverwatch Pl
  • Address - House Number: 718
  • Street Direction: SW
  • Address - Street Name: Riverwatch
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Stuart
  • Carrier Code: R019
  • 4-Digit Zip Code: 4522
  • Zip Code: 34997

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $339,173
  • Tax Rate Code Area: 7017 CENTR

    Appraisal Valuation

  • Standard Deviation: 0.4608
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 226,961
  • High Value: 331,565
  • Low Value: 122,356

    Market Valuation

  • Market Total Value: $670,980
  • Market Land Value: $235,000
  • Market Improvement Value: $435,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660,038

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2965316
  • Previous Sale Recording Date: May 27, 2021
  • Previous Sale Contract Date: May 24, 2021
  • Previous Sale Amount: $473,583
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Martin


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Nearby Rentals

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1571 Se Hampshire Way #102, Stuart, FL, 34994 Listing by Jennifer Pritchett PA


Frequently Asked Questions

When was property at 718 Southwest Riverwatch Place built and last sold?
The property at 718 Southwest Riverwatch Place was built in 2022 and last sold on Jun 10, 2022 for $773,300.
How much is this home worth?
The estimated value of the home located at 718 Southwest Riverwatch Place is $0.
What are some comparable homes to 718 Southwest Riverwatch Place?
There are currently no comparable homes to 718 Southwest Riverwatch Place.