1607 SW Shady Lake Terrace, Palm City, FL 34990 - Photo 1

1/1

$320,000

Sold
Closed
Single Family
2 Beds
2 Full Baths
1,540 Sq. Ft.

1/1

Property Description

Recent Price RÐµduÑtion. ÎœÎ¿ve"in or use the value prÑ–cÑ–ng to upgrade your new home. This is a rare Cypress Lakes, Divosta built, home in the center of Palm City. Brand new (2023) roof, freshly painted, re-plumbed and a beautiful lake view. . Divosta builds one of the most popular homes and floor plans in Florida. This Capri model overlooks the lake and is shaded by a wonderful oak tree. Cypress Lakes is close to downtown Stuart shopping and restaurants. Palm City is quickly becoming a food and golf destination and this home sits right in the heart of this community. Easy access to I-95 and the Turnpike. Accordian shutters, a new roof and poured concrete construction make this a forever home.

Full Property Details

Full Property Details for 1607 SW Shady Lake Terrace

General

Sold For: $320,000
HOA FEE: $289
Taxes: $5,630 (2023)
Status: Closed
Type: Single Family
Source: Martin_County
MLS ID: M20044926
Added to Site: 617 day(s) ago

Interior

Interior Features: Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, High Ceilings, Primary Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
Appliances: Some Electric Appliances, Dryer, Dishwasher, Disposal, Microwave, Range, Water Heater, Washer
Furnishings: Unfurnished
Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Other Rooms

Laundry: Laundry Tub

Exterior

Exterior Features: Sprinkler/Irrigation, Porch, Storm/Security Shutters
Porch/Patio/Deck: Porch, Screened

Parking

Garage: Yes
Attached garage: Yes
Covered Spaces: 2
Total Spaces: 2
Parking Features: Attached, Garage, Garage Door Opener

Location

Area: 9-Palm City
County: Martin
Subdivision: Cypress Lake Ph 01 Cypress Pointe PUD
Driving Directions: Martin Downs to Matheson. north on Matheson, right into Cypress Lakes, take left, house on right.

School Information

Elementary School: Bessey Creek
Middle School: Hidden Oaks
High School: Martin County

Community

Community Name: 9-Palm City
Association: Yes
Assoc. Fees Include: Cable TV, Maintenance Grounds
Pets Allowed: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central

Utilities

Cable Available: Yes
Utility Description: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available

Structural Information

Architectural Style: Mediterranean
Construction: Concrete
Roof: Barrel
Stories/Levels: 1
Square Feet: 1,540
Living Area: 1,540 Sq. Ft.
Year Built: 1995
Property Condition: Resale

Lot Features

Property View: Pond
Lot Size (Acres): 0.109
Lot Size: .109
Frontage: County Road
Sidewalks: Yes
Lot Features: Sprinklers Automatic

Water Features

Water Front: Yes
Water Front Desc.: Pond

Financial Considerations

Association Fee: $289
Tax Amount: $5,630
Tax Year: 2023
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: Listed As-Is
Legal Description: CYPRESS LAKE PH I LOT 56 PI# 7-38-41-021-000-00560-60000
Disclosures/Rstr.: Deed Restriction
Property ID: 73841021000005606

Listed by Engel & Volkers Stuart
Sold by RE/MAX of Stuart

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Listing agents

— 1607 SW Shady Lake Terrace —

Engel & Volkers Stuart
Engel & Volkers Stuart

772-494-6999

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Schools

Schools serving 1607 SW Shady Lake Terrace

School District:Martin County School District

Name	Grades	Distance
Bessey Creek Elementary School 2201 Southwest Matheson Avenue, Palm City, FL 34990	PK-5	0.1 mi
Hidden Oaks Middle School 2801 Southwest Martin Highway, Palm City, FL 34990	6-8	1.4 mi
Martin County High School 2801 South Kanner Highway, Stuart, FL 34994	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1607 SW Shady Lake Terrace

Date

Details

Price

Change

Source

11/07/2025

Sold

$320,000

-8.57%

MLS

10/15/2025

Price Reduced

$350,000

-2.51%

MLS

9/16/2025

Price Reduced

$359,000

-1.64%

MLS

7/31/2025

Price Reduced

$365,000

-3.69%

MLS

6/09/2025

Price Reduced

$379,000

-2.57%

MLS

4/08/2025

Price Reduced

$389,000

-2.51%

MLS

3/13/2025

Price Reduced

$399,000

-2.56%

MLS

2/07/2025

Price Reduced

$409,500

-1.92%

MLS

10/21/2024

Price Reduced

$417,500

-0.48%

MLS

9/09/2024

Price Reduced

$419,500

-2.42%

MLS

6/21/2024

Price Reduced

$429,900

-1.15%

MLS

5/11/2024

Listed

$434,900

—

MLS

View All

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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