Lake Grove Real Estate Market Report March 2024
There are no homes currently for sale in the Lake Grove community of Palm City, FL.
There is 1 Lake Grove home currently under contract. The list price was $869,000 which is $367.29 per sq. ft. of living space. This home was on the market for 119 days before going under contract.
In the past 12 months, 3 Lake Grove homes have sold. The sales prices ranged from $770,000 to $835,000. This works out to an average sales price of $813,333 which equals $321.46 per sq. ft. of living area. These homes were on the market for an average of 46 days prior to going under contract. And, they sold for an average of 97% of the list price.
Click here to view the previous Lake Grove market report!
About Lake Grove in Palm City FL:
Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square-shaped lake. Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land. Homes range in size from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths, and a three-car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms, and 2 car garages.
The common areas include two tennis courts, landscaped common areas, and a fishing dock on the lake. There’s also a dedicated trailer/RV/boat parking lot for residents.
Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School. (To search for homes within Martin County school districts visit my school search pages here.)
Click here to see the currently available Lake Grove Homes for Sale
If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.
Click here for the current Orchid Bay Homes for Sale
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For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.
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