Lake Grove Real Estate Market Report March 2026

There are no homes currently for sale in the Lake Grove community of Palm City, FL.

There is currently one Lake Grove homes under contract. Its list price was $1,395,000 or $306.26/sq ft of living space. This hone was on the market 41 days before going under contract.

In the past 12 months, three Lake Grove homes have sold. The sales prices were $740,000 to $840,000. This works $280.67 per sq. ft. of living area.  These homes were on the market an average of 136 days before going under contract. And, sold for 95% 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 Nicole Bertke or search for properties at PineappleGroupFL.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Lake Grove Real Estate Market Report March 2026