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For sale
  • Price cut: $550K (4/3)
    $22,950,000

    109 S River Road, Sewalls Point, FL 34996

    4beds
    10,242sqft
    : 
    Single Family Residence
    Built in 2024
    4.29 Acres Lot
    $20,015,900 Zestimate®
    $2,241/sqft
    $-- HOA

    What's special

    Resort style poolPrivate beachExpansive walls of glassExpansive deck spacesImported belgian materialsQuiet luxuryMeticulously designed grounds
    Known as River House, offered fully furnished & turnkey (excluding artwork), this newly completed riverfront estate sits atop a commanding 30-foot bluff in Sewalls Point, spanning 4.3 acres with sweeping, mile-long sunset views across the St. Lucie River. Designed as a modern Bahamian retreat, the residence blends imported Belgian materials with warmth and timeless elegance. Internationally recognized and featured in Vogue Australia for its exceptional design and craftsmanship. Complementing the offering, bespoke Seller Financing is available, including up to one-third of the purchase price, structured as interest-only for a period of up to five years, with no prepayment penalty, an uncommon and highly advantageous provision designed to accommodate a variety of acquisition strategies. Curated by Melhorn Architecture & Construction with interiors by Design Studio JAC, the estate reflects a level of intention and craftsmanship rarely achieved, resulting in a residence designed for longevity rather than trends. Dominican coral flooring, creamy lime plaster walls with Roman clay texture, and expansive walls of glass create a calm, gallery like backdrop for art and waterfront vistas. Vaulted ceilings accented by reclaimed European oak beams lend depth and permanence, while subtle variations in tone and texture define an atmosphere of quiet luxury. Outdoor living is seamlessly integrated through impact glass wall systems, with a resort style pool, expansive deck spaces, and lush gardens extending the living areas into the landscape and down toward a private beach. Mature oak and banyan trees frame the setting, reinforcing the estate's sense of privacy, scale, and serenity. A world class boating compound offers deep water dockage with multiple lifts, accommodating vessels over 100 feet with ease while providing direct access to the inlet and open ocean. The estate is further complemented by a private guest house, three garages with capacity for up to 17 vehicles, and meticulously designed grounds. Thoughtfully curated from architecture to landscape, River House represents a generational waterfront offering. Timeless in design, rich in detail, and among the most distinguished estates in South Florida.
    109 days
    |
    1,482
    |
    73
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Potts 772-634-8715,

    One Sotheby's Intl. Realty,

    Daryl Fathauer 772-485-6797,

    One Sotheby's Intl. Realty

    Source: BeachesMLS,MLS#: R11160001MLS LogoOriginating MLS: BeachesMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 10
      • Full bathrooms: 4
      • 1/2 bathrooms: 6
      • Main level bathrooms: 4
      • Main level bedrooms: 4
      Primary bedroom
      • Level: Main
      • Area: 350
      • Dimensions: 25 X 14
      Bedroom 2
      • Level: Main
      • Area: 210
      • Dimensions: 14 X 15
      Bedroom 3
      • Level: Main
      • Area: 210
      • Dimensions: 15 X 14
      Bedroom 4
      • Description: G.H.
      • Level: Main
      • Area: 294
      • Dimensions: 21 X 14
      Den
      • Level: Main
      • Area: 324
      • Dimensions: 18 X 18
      Dining room
      • Level: Main
      • Area: 210
      • Dimensions: 14 X 15
      Kitchen
      • Level: Main
      • Area: 513
      • Dimensions: 19 X 27
      Living room
      • Level: Main
      • Area: 609
      • Dimensions: 29 X 21
      Living room
      • Level: Main
      • Area: 598
      • Dimensions: 23 X 26
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Gas Range, Refrigerator, Washer
      Features
      • Dining Area, Separate/Formal Dining Room, Dual Sinks, Kitchen Island, Kitchen/Dining Combo, Main Level Primary, Multiple Primary Suites
      • Flooring: Other, Wood
      • Windows: Drapes
      • Furnished: Yes
      Interior area
      • Total structure area: 16,817
      • Total interior livable area: 10,242 sqft
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      Property

      Parking
      • Total spaces: 17
      • Parking features: Attached, Garage
      • Attached garage spaces: 17
      Features
      • Levels: Multi/Split,Two
      • Stories: 2
      • Has private pool: Yes
      • Pool features: Heated
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      • Waterfront features: River Front
      Lot
      • Size: 4.29 Acres
      • Dimensions: 870 x 213
      Details
      • Parcel number: 013841001024000305
      • Zoning: Residential
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete
      • Roof: Wood
      Condition
      • Resale
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Security: Security System Owned, Gated Community
      • Subdivision: ARBELA
      HOA
      • Has HOA: No
      Location
      • Region: Sewalls Point

      Financial & listing details

      • Price per square foot: $2,241/sqft
      • Tax assessed value: $8,691,430
      • Annual tax amount: $127,807
      • Date on market: 2/5/2026
      • Cumulative days on market: 110 days
      • Listing terms: Cash
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        Estimated market value

        $20,015,900

        $19.02M - $21.22M

        $5,339/mo

        Price history

        DateEventPrice
        4/3/2026Price change$22,950,000-2.3%$2,241/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20054087 Report a problem
        2/5/2026Listed for sale$23,500,000+6.8%$2,294/sqft
        Source: BeachesMLS #RX-11160001 Report a problem
        6/10/2025Listing removed$22,000,000$2,148/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048591 Report a problem
        5/5/2025Listed for sale$22,000,000$2,148/sqft
        Source: BeachesMLS #RX-11039062 Report a problem
        4/18/2025Listing removed$22,000,000$2,148/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20048591 Report a problem
        4/11/2025Price change$22,000,000-11.1%$2,148/sqft
        Source: BeachesMLS #RX-11039062 Report a problem
        3/12/2025Price change$24,750,000-10%$2,417/sqft
        Source: BeachesMLS #RX-11039062 Report a problem
        1/17/2025Listed for sale$27,500,000$2,685/sqft
        Source: BeachesMLS #RX-11039062 Report a problem
        11/21/2024Listing removed$27,500,000$2,685/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047632 Report a problem
        11/15/2024Listed for sale$27,500,000+848.3%$2,685/sqft
        Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047632 Report a problem
        6/4/2020Sold$2,900,000-17.1%$283/sqft
        Source: Realtor Association of Indian River County #227439 Report a problem
        4/28/2020Pending sale$3,500,000$342/sqft
        Source: Stuart #RX-10464475 Report a problem
        2/7/2020Price change$3,500,000-5.1%$342/sqft
        Source: Stuart #RX-10464475 Report a problem
        9/5/2018Listed for sale$3,690,000$360/sqft
        Source: Berkshire Hathaway Florida Realty #M20013551 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$127,807 +125.1%$7,879,872 +142.2%
        2024$56,781 +5.2%$3,253,720 +11.1%
        2023$53,992 +12.6%$2,929,155 +10%
        2022$47,964 +15.2%$2,662,869 +10%
        2021$41,631 -4.3%$2,420,790 -6.2%
        2020$43,523 +57.5%$2,581,140 +55.6%
        2019$27,635 $1,658,304 +1.9%
        2018$27,635 +1.1%$1,627,384 +2.1%
        2017$27,322 $1,593,911 +2.1%
        2016-- $1,561,127 +0.7%
        2015-- $1,550,275 +0.8%
        2014-- $1,537,971 +1.5%
        2013-- $1,515,243 +1.7%
        2012-- $1,489,915 +3%
        2011-- $1,446,519 +6.3%
        2010-- $1,361,348 +2.7%
        2009-- $1,325,658 +0.1%
        2008-- $1,324,235 +3%
        2007$32,762 -10%$1,285,628 +2.5%
        2006$36,402 $1,254,272 +3%
        2005-- $1,217,740 +5%
        2004$19,310 $1,160,228
        2003$19,310 +2.2%$1,160,228 +2.4%
        2002$18,898 -0.1%$1,133,035 +1.6%
        2001$18,921 +2%$1,115,192 +3%
        2000$18,548 +2%$1,082,711 +2.7%
        1999$18,184 $1,054,246

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 34996

          Getting around

          1 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Felix A. Williams
          • Middle: Stuart
          • High: Jensen Beach

          Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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