NOT LISTED FOR SALE

Estimated Value: $9,511,982

5 Beds
7.5 Baths
9,717 Sq Ft
$979/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2024

Last sale price $15,000,000 $1,544 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $61,633 / mo

92 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Sitting Area In Primary Bedroom
  • Felix A. Williams Elementary School Rated A-
  • Heated In Ground Pool
  • Gated Community

About This Home

As of March 2024

This extraordinary oceanfront property, located on sought after Hutchinson Island, offers a combination of modern design and practical luxury. Situated on a 2.3+ acre double lot in the gated neighborhood of Galleon Bay, it provides an impressive 239 feet of unobstructed oceanfront, making it a highly coveted and picturesque location. The home's contemporary design, completed in 2019, seamlessly blends aesthetics with functionality, and from the moment you step inside, a two-story glass wall on the second floor offers breathtaking views of the Atlantic Ocean. Not only does this house exude modern luxury, it provides unparalleled security and privacy. The open-concept kitchen, with an oversized island, is ideal for cooking and entertaining, and it flows into the main dining and living spaces, creating a seamless connection between the interior and the captivating outdoor environment. Two additional rooms offer flexibility for use as offices or bedrooms, adapting to your needs. The property features both river and ocean pools with a heated spa, providing options for relaxation and recreation.

On the third level, the main suite is a luxurious retreat, equipped with a morning bar, fireplace, living wall, an infinity tub, glass shower, and expansive boutique closets. There are two more guest rooms with water views and en-suite baths, ensuring awe inspiring views from all over the house. The ground level offers an array of amenities, including two separate garages, a fitness center, theater, game room, lounge, outdoor shower, basketball court, and waterscapes. All throughout the grounds you will find custom water features, impressive mature landscaping and even a basketball court hidden on the massive property.

For added convenience, the property is equipped with a complete home generator and Creston home integration. This stunning oceanfront estate is a harmonious blend of modern luxury and practicality, offering a comfortable and opulent lifestyle in a truly picturesque and private setting on the Treasure Coast of Florida.

Co-Listed By

Ryan Serhant

Serhant

Serhant

Last Buyer's Agent

Agata Downar-Zapolska

Keyes Company License #3557963

Keyes Company

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101,063

Year Built

  • Built in 2019

Lot Details

  • Waterfront
  • Cul-De-Sac
  • West Facing Home

Parking

  • 7 Car Attached Garage

Home Design

  • Colonial Architecture
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 9,717 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Custom Mirrors
  • Wood Flooring
  • Ocean Views
  • Impact Glass
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Kitchen
  • Outdoor Grill

Additional Homes

  • Guest House

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$101,063

Year Built

Built in 2019

Lot Details

0 Sq Ft Lot

Listing Details

  • Architectural Style: Colonial
  • Co List Office Phone: 646-480-7665
  • Directions: ENTER Galleon Bay TURN RIGHT LAST HOME IN THE CUL DE SAC
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Subdivision Name: Galleon Bay
  • Year Built: 2019
  • Year Built Details: Resale
  • OriginatingSystemListAgentMemberKey: 78157064
  • ListAgentNationalAssociationId: 263007148
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood
  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dual Sinks, Kitchen Island, Custom Mirrors, Pantry, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
  • Living Area: 9717.0
  • Spa Features: In Ground
  • Private Spa: Yes
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • Lot Features: Cul-De-Sac
  • Other Structures: Guest House
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Property Condition: Resale
  • View: Intercoastal, Ocean
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 7.0
  • Parking Features: Attached, Covered, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gated, None
  • Pets Allowed: Yes
  • Senior Community: No

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Zoning Description: residential

Tax Info

  • Tax Annual Amount: 101063.0
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 14, 2024
Sold by
Smith Roger C and Roger C Smith Living Trust
Bought by
Buyer's Agent
Agata Downar-Zapolska
Keyes Company
List Price
$16,995,000
Sold Price
$15,000,000
Premium/Discount to List
-$1,995,000
-11.74%
Current Estimated Value
$9,511,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,488,018
Avg. Annual Appreciation
-16.66%
Original Mortgage
$10,000,000
Outstanding Balance
$9,370,484
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$141,498

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jun 19, 2015
Sold by
Joint Venture Galleon Bay
Bought by
Smith Roger C and Roger C Smith Living Trust
Seller's Agent
Adam Brown
Waterfront Properties & Club C
Buyer's Agent
Andrew Daversa PA
Waterfront Properties & Club C
List Price
$1,300,000
Sold Price
$1,175,000
Premium/Discount to List
-$125,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.78%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Jones Associates Ltd
Bought by
Roger C Smith Living Trust

Purchase Details

Closed on
Jan 1, 1901
Bought by
Roger C Smith Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Hutchinson Island, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$15,000,000 Coastal Title Services
Smith Roger C $2,425,000 Attorney
Roger C Smith Living Trust $1,127,700 --
Roger C Smith Living Trust -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000,000
Previous Owner Smith Roger $1,065,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $15,000,000 -11.7% $1,544 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $16,995,000 +1346.4% $1,749 / Sq Ft
06/19/2015 06/19/15 Sold $1,175,000 -9.6% -- View Prior Sale
06/11/2015 06/11/15 For Sale $1,300,000 -- --
Source: Martin County REALTORS® of the Treasure Coast

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $106,772 $11,728,800 $3,975,000 $7,753,800
2024 $105,274 $6,441,877
2023 $105,274 $6,250,852 $0 $0
2022 $102,124 $6,068,789 $0 $0
2021 $103,176 $5,892,029 $0 $0
2020 $102,336 $5,810,680 $1,650,000 $4,160,680
2019 $27,712 $1,530,000 $1,530,000 $0
2018 $27,564 $1,530,000 $1,530,000 $0
2017 $15,098 $879,750 $879,750 $0
2016 $15,880 $920,000 $920,000 $0
2015 $9,888 $717,750 $717,750 $0
2014 $9,888 $594,000 $594,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: R10937135

Martin County REALTORS® of the Treasure Coast

APN: 30-37-42-015-000-00140-5

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