5004 SW Martin Commons Way, Palm City, FL 34990
Overview
Description
Supplements: ... (Read more) A charming breezeway connects the cottage to a remarkable 3,000-square-foot, air-conditioned CBS garage and storage building, featuring a full bath. This expansive and versatile space invites a multitude of possibilitieswhether you choose to store recreational vehicles, boats, and cars, or transform it into additional living quarters. By integrating the cottage with this expansive brick structure, one can craft a bespoke living space that seamlessly integrates with the existing home, offering the perfect canvas to design a dream residence that reflects your unique vision of luxury, comfort, and style. Venture further, and you'll discover a second large storage/Living steel building currently utilized as a workspace with farmhand living quarters including a full bath, bedroom, office and family room/kitchen, providing ample room for creativity and expansion. For equestrian enthusiasts, this newly fenced property boasts three separate barns designed to accommodate up to 9 horses, along with six new paddocks, ensuring a comfortable and well-equipped environment for your four-legged companions. The main barn also has a half bath in the tack room. As you explore the property, you'll find a charming gazebo overlooking a fountained lake, complete with a new fishing dock that invites you to unwind and enjoy peaceful moments by the water. The scenic beauty of this estate makes it an ideal setting for special events, and was previously utilized as a sought-after location for weddings and other celebratory gatherings. With two gated entrances and parking capacity for approximately 150 cars, this equestrian estate is perfectly suited for an event-hosting business or a charming private residence. Along your winding path lies a storybook two-story playhouse, sitting like a whimsical cottage straight out of a fairy tale. Here, the laughter of children fills the air as they embark on imaginative adventures within their own little world. This charming playhouse, surrounded by a white picket fence, is a miniature wonderland, complete with quaint shutters and a tiny front porch. Inside, the magic comes alive as the little ones scurry up the ladder to the second floor, peeking out from the windows like explorers surveying their kingdom. Downstairs, they host tea parties with their stuffed animal friends or set up a pirate's den, plotting their next grand adventure. More laughter and giggling can be heard outside as they slide down a 360-degree spiral slide. This enchanting playhouse is more than just a structure; it's a place where imagination knows no bounds and every day is a new chapter in their own delightful story. Currently zoned for 3 acres of agriculture and 6.8 acres of residential use, this versatile property offers endless opportunities for those seeking a unique lifestyle or a potentially profitable venture. Whether you envision it as a private sanctuary, a bustling event venue, or an expansive equestrian estate, this lush and elegantly manicured property is a rare gem that promises a life of tranquility, beauty, and boundless potential. Welcome home to your dream estate, where every corner tells a story, and every day brings new adventures. NOTE: The property consists of AND INCLUDES two parcels & two PIDs. Main house Parcel #223840000034000107 (4.8 Acres). Second Parcel #223840000034000009
Listing Details MLS# R11018847
General Property Information
- Property Sub Type
- Single Family Residence
- Bedrooms Total
- 3
- Bathrooms Total
- 5
- Bathrooms Full
- 4
- Bathrooms Half
- Yes
- Building Area Main
- 4568
- Building Area Source
- Public Records
- Living Area Main
- 980
- Year Built
- 1994
- Garage YN
- Yes
- Garage Spaces
- 10
- Covered Spaces
- 10
- Gated Community YN
- No
- Lot Size Area
- 426888
- Lot Size Acres
- 9.8
- Senior Community YN
- No
- Outdoor Living Spaces YN
- Yes
- Stories Total
- Yes
- Stories
- Yes
- Direction Faces
- North
- Fireplace YN
- Yes
- Pool Private YN
- No
- Spa YN
- No
- Year Roof Installed
- 2021
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 3500000
- Negotiable Seller Concessions YN
- No
Location and Legal
- Country
- United States
- County Or Parish
- Martin
- County Parish Name
- Martin
- Street Number
- 5004
- Street Direction Prefix
- SW
- Street Name
- Martin Commons
- Street Suffix
- Way
- City Name
- Palm City
- State Or Province
- FL
- Postal Code
- 34990
- Postal Zip
- 34990
- Subdivision Name
- Palm City Farms
- Area
- 6100 - Palm City West/Indiantown
- Geographic Area
- MRTC - Martin County
- Elementary School
- Citrus Grove (Martin)
- Middle Or Junior School
- Hidden Oaks
- High School
- South Fork
- Special Assessment YN
- No
- Parcel Number
- 223840000034000107
- Zoning
- A-2
- Directions
- SW Martin Highway WEST to Citrus Blvd. SOUTH on Citrus Blvd to SW 42nd St. Property is on the SOUTH SIDE of the street.
Financial Information
- Association Deposit YN
- No
- Membership Fee Required YN
- No
- Tax Annual Amount
- 16803.32
- Tax Year
- 2024
- Tax Legal Description
- 22 38 40 PALM CITY FARMS W 1/2 OF TRACT 34 (LESS R/W PER OR 946/495)
Status Change Information
- Major Change Timestamp
- 2025-10-06T21:23:37Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2025-09-16T04:21:37Z
- Status Change Date
- 2025-10-06
- Under Contract Date
- 2025-09-23
- Close Date
- 2025-10-06
- Close Price
- 1675000
- Buyer Financing
- Cash
More Information
Equestrian Details
- Number of Barns
- 3
- Number of Stalls
- 11
Parking Information
- Open Parking Spaces
- 100
Short Sale Details
- Short Sale Addendum
- No
Capital Contributions
- Capital Contributions YN
- No
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 2
Storm Protection
- Panel Shutters
- Partial
- Permanent Generator
- Whole House
Concessions
- Seller Concessions
- No
Contributions
- Buyer Contributions
- No
Room Types
- Bedroom 2 Level
- Main
- Kitchen Level
- Main
- Living Room Level
- Main
- Master Bedroom Level
- Main
Price Calculations
- Current Price To SqFt
- 1709.18
- Original List Price To Close Price
- 2.08
Originating Details
- Originating System Key
- 20240822222219026668000000
- Originating System ID
- M00000170
Room Information
| Room Name | Length | Width | Level |
|---|---|---|---|
| Living Room | 10.50 | 13.00 | Main |
| Kitchen | 15.00 | 15.50 | Main |
| Master Bedroom | 10.50 | 10.58 | Main |
| Bedroom 2 | 11.33 | 10.58 | Main |
| Laundry | |||
| Workshop | |||
| Utility Room | |||
| Den |

Property Supplemental Information ›