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
Sold for $1,150,000
$1,150,000
718 SW Riverwatch Place, Stuart, FL 34997
3beds
2,800sqft
Single Family Residence
Built in 2022
0.39 Acres Lot
$1,149,600 Zestimate®
$411/sqft
$4,915 Estimated rent
Home value
$1,149,600
Estimated sales range
Not available
$4,915/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tonya L McDonald 772-634-3828,
The Agency Florida LLC,
Alexa N McDonald 772-708-2773,
The Agency Florida LLC
Bought with:
Jason M Coley, 3146240
Atlantic Shores ERA Powered
Source: BeachesMLS,MLS#: R11114101
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Description: main
- Level: Main
- Area: 248.4
- Dimensions: 13.8 X 18
Kitchen
- Description: main
- Level: Main
- Area: 182.7
- Dimensions: 20.3 X 9
Living room
- Description: main
- Level: Main
- Area: 503.44
- Dimensions: 20.3 X 24.8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
- Laundry: Inside, Laundry Tub
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 Closet(s)
- Flooring: Carpet, Other
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 3,887
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 7
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 3
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch, Screened
- Exterior features: Outdoor Living Area, Room For Pool
- Pool features: Association
- Has view: Yes
- View description: Garden, Preserve
- Waterfront features: None
Lot
- Size: 0.39 Acres
- Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
Details
- Parcel number: 413841009000010400
- Zoning: residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Concrete,Tile
Condition
- Resale
- New construction: No
- Year built: 2022
Details
- Builder model: Fernidina
- Builder name: Ryan Homes
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Gated Community, Smoke Detector(s)
Community
- Community features: Home Owners Association, Gated, Street Lights
Location
- Region: Stuart
- Subdivision: BANYAN BAY PUD PHASE 2A & 2B
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $344 monthly
- Amenities included: Clubhouse, Fitness Center, Picnic Area, Pool, Sidewalks, Trail(s)
- Services included: Common Areas, Maintenance Grounds, Recreation Facilities, Security
- Association phone: 772-286-0030
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $1,150,000-3.3%$411/sqft |
Source:  BeachesMLS #R11114101 Report a problem | ||
| 8/8/2025 | Listed for sale | $1,189,000+53.8%$425/sqft |
Source: BeachesMLS #RX-11114101 Report a problem | ||
| 6/13/2022 | Sold | $773,300$276/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,349 -0.7% | $668,331 +3.2% |
| 2024 | $10,418 +0.8% | $647,850 -1.8% |
| 2023 | $10,339 +204.8% | $660,038 +224.5% |
| 2022 | $3,392 +114% | $203,400 +252.2% |
| 2021 | $1,585 +72.6% | $57,750 +10% |
| 2020 | $919 -1.2% | $52,500 |
| 2019 | $930 | $52,500 |
Find assessor info on the county website
Neighborhood: 34997
Nearby schools
GreatSchools rating
- 4/10J. D. Parker School Of TechnologyGrades: PK-5Distance: 3.6 mi
- 5/10Dr. David L. Anderson Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,149,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,149,600
- Florida
- Martin County
- Stuart
- 34997
- 718 SW Riverwatch Place
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