Active

5205 SW Honey Terrace

Palm City FL, 34990

$6,500,000


$1,026.21 per sqft

Active

6 Beds

5 Baths

6,334 sqft

Residential

Built in 1988

DRASTIC PRICE ADJUSTMENT... Elegant Equestrian Estate nestled amongst 30 Acres of meticulously kept Paddocks, Riding arenas, a Rink and an 8 Stall Stallion center isle Barn complete with Grooms quarters with Washer and Dryer, Tack room, Feed room, Bathing Area, Water and Electric. The Mediterranean style Home offers an array of enhanced features which include a grand entry that sets the tone for the impressiveness within. The spacious living and dining area includes a spectacular stone fireplace that sets the tone for a wonderful evening. A gourmet kitchen which caters to your culinary desires includes a walk in Cooler, Large Copper Hood, Gas Range top, Wall Ovens and much more. The main Bedroom offers a wet Bar an expansive sitting area and a luxurious en-suite. As you enter the

R10936376

MLS ID

November 15, 2023

Listed

June 13, 2024

Updated

Map

5205 SW Honey Terrace
Palm City FL, 34990

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Interior Features

Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Pull Down Attic Stairs, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Bar


Appliances

Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer


Laundry Description

Laundry Tub


Floor Description

Carpet, Tile, Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Fence, Outdoor Grill, Patio


Lot Features

Sprinklers Automatic


Architectual Style

Mediterranean


Roof

Flat, Tile


Sewer

Septic Tank

School Information

Elementary School

Citrus Grove

Other Property Details

Area Name

10 - Palm City West/Indiantown


Taxes

$22,927


Tax Frequency

Annually


Days on Market

211


Garage

Yes


Garage Spaces

3


Parking

Attached, Garage, Two or More Spaces


View

Yes


View Description

Lake


County

Martin County


Water Source

Well


Pool

Yes


Pool Features

Pool


Waterfront

Yes


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

6/13/2024

Price Change

$6,500,000

-18%

5/14/2024

Price Change

$7,900,000

-12%

2/16/2024

Price Change

$8,900,000

-11%

Listed by: RE/MAX Services
Listing Contact: (561) 306-0414 

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Data last updated 5:13 PM UTC, 6/13/2024

 

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