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718 SW Riverwatch Place, Stuart, FL 34997 (MLS# R11114101)

718 SW Riverwatch Place, Stuart, FL 34997

$1,150,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,887 Status: Closed
Current Price: $1,150,000 List Date: 8/08/2025 Last Modified: 5/08/2026

Overview

Description

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.

Supplements: 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 b ...

Listing Details MLS# R11114101

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
4
Bathrooms Full
3
Bathrooms Half
Yes
Building Area Main
3887
Building Area Source
Public Records
Living Area Main
2800
Year Built
2022
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
3
Covered Spaces
3
Gated Community YN
Yes
Lot Size Area
16926
Lot Size Acres
0.39
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
Southeast
Pool Private YN
No
Spa YN
No
Builder Model
Fernidina
Furnished
Unfurnished
Year Roof Installed
2022

Property Features

Association Fee Includes: Common Areas; Common Real Estate Tax; Maintenance Grounds; Recreation Facility; Security Dining Area: Family/Dining Combination; Formal Dining; Kitchen Dining; Snack Bar/Counter Electric: Three Phase Fireplace Features: Decorative Flooring: Carpet; Other Parking Features: Garage Door Opener; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: Block; CBS; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Entrance Foyer; High Ceilings; Kitchen Island; Pantry; Roman Tub; Walk-In Closet(s) Laundry Features: Inside; Laundry Tub Listing Terms: Cash; Conventional Lot Features: Room for Pool Pets Allowed YN: Yes Pets Allowed: Number Limit Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions Roof: Concrete; Tile Security Features: Gated - No Guard; Smoke Detector(s) Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: Homestead Exemption Unit Description: Corner/End Unit Utilities: Cable Available; Sewer Available; Water Available View: Garden; Preserve Water Access: None Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; Text Listing Agent Occupant Details: Owner Occupied Outdoor Living Spaces: Patio; Porch Patio Details: Patio - Covered; Patio - Screened Contingencies: Other Room Types: Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1189000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
County Or Parish
Martin
County Parish Name
Martin
Street Number
718
Street Direction Prefix
SW
Street Name
Riverwatch
Street Suffix
Place
City Name
Stuart
State Or Province
FL
Postal Code
34997
Postal Zip
34997
Subdivision Name
BANYAN BAY PUD PHASE 2A & 2B
Development Name
BANYAN BAY
Area
6070 - Stuart - South of Indian St
Geographic Area
MRTC - Martin County
Special Assessment YN
No
Parcel Number
413841009000010400
Zoning
residential
Directions
From I-95, Head East on S Kanner Hwy, left on SW Pomeroy, thru gate immediate roundabout, left on SW Pennington, left at roundabout on SW Winchester, 2nd right on Riverwatch, last home in cul-de-sac

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
344
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
772-286-0030
Association Website
banyan bay.communitysite.com
Membership Fee Required YN
No
Tax Annual Amount
10418.2
Tax Year
2024
Tax Legal Description
LOT 104 BANYAN BAY PUD PHASE 2A & 2B ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 18 PAGE 6 PUBLIC RECORDS MARTIN

Status Change Information

Major Change Timestamp
2025-09-03T18:01:41Z
Major Change Type
Status Change
Status Change Date
2025-09-03
Under Contract Date
2025-08-17
Close Date
2025-09-03
Close Price
1150000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Parking Information

Open Parking Spaces
4

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
1032

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Complete

Showing Details

Pet(s) on Premises
No

Buyer Details

Country of Origin
United States
Zip Code
34997

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Great Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
410.71
Original List Price To Close Price
1.03

Originating Details

Originating System Key
20250807160056819404000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Clubhouse
Yes
Community Room
Yes
Fitness Center
Yes
Jogging Path
Yes
Picnic Area
Yes
Pool
Yes
Sidewalks
Yes
Street Lights
Yes

Association Fee Includes

Common Areas
Yes
Common Real Estate Tax
Yes
Maintenance Grounds
Yes
Recreation Facility
Yes
Security
Yes

Dining Area

Family/Dining Combination
Yes
Formal Dining
Yes
Kitchen Dining
Yes
Snack Bar/Counter
Yes

Electric

Three Phase
Yes

Fireplace Features

Decorative
Yes

Flooring

Carpet
Yes
Other
Yes

Parking Features

Garage Door Opener
Yes
Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes
Preserve
Yes

Heating

Central
Yes
Electric
Yes

Sprinkler Description

Auto Sprinkler
Yes

Unit Description

Corner/End Unit
Yes

Water Access

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Ice Maker
Yes
Microwave
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

Block
Yes
CBS
Yes
Concrete
Yes

Interior Features

Entrance Foyer
Yes
High Ceilings
Yes
Kitchen Island
Yes
Pantry
Yes
Roman Tub
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes
Laundry Tub
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Room for Pool
Yes

Roof

Concrete
Yes
Tile
Yes

Security Features

Gated - No Guard
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Water Heater Details

Electric Water Heater
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Association Type

Homeowner Association
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Number Limit
Yes

Restrictions

Other Restrictions
Yes

Tax Information

Homestead Exemption
Yes

Occupant Details

Owner Occupied
Yes

Outdoor Living Spaces

Patio
Yes
Porch
Yes

Patio Details

Patio - Covered
Yes
Patio - Screened
Yes

Contingencies

Other
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Room Name Length Width Level Remarks
Living Room 20.30 24.80 Main main
Kitchen 20.30 9.00 Main main
Master Bedroom 13.80 18.00 Main main
Great Room
Laundry
Listing Office: The Agency Florida LLC
IDX
Last Updated: May - 08 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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