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$769,000
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Property Description
Nestled within the prestigious Sanctuary section of Hammock Creek, this beautifully appointed two-story residence is set on a private, oversized cul-de-sac lot in a very desirable location and community. The second floor hosts all bedrooms, highlighted by an expansive primary suite featuring a private sitting area and a balcony overlooking the tranquil surroundings. The main level offers generous living spaces ideal for both everyday living and entertaining, including a spacious kitchen with a breakfast bar and an inviting family room. Outdoors, enjoy a covered patio and a large, private backyard--perfect for gatherings and relaxation. The roof is original, and the A/C was replaced in 2015. No club membership is required, and there is ample room to add a pool. Residents enjoy access to two championship golf courses. Hammock Creek is a gated community comprised of three distinct neighborhoods--The Estates, The Preserve, and The Sanctuary--with 567 estate-style homes thoughtfully arranged around Jack Nicklaus and Jack Nicklaus Jr.-designed courses, offering stunning views of lakes, preserves, and fairways. Conveniently located just minutes from I-95 and the Florida Turnpike, this home is close to fine dining, shopping, and top-rated schools. Experience the perfect blend of luxury, lifestyle, and location in Palm City's premier golf community. No commercial or recreational vehicles permitted. Several images are digitally staged.
Full Property Details
Full Property Details for 5020 SW Elk River Ct
General
- Price: $769,000
- HOA FEE: $101/month
- Taxes: $4,490 (2025)
- Status: Active
- Type: Single Family
- Source: Regional
- MLS ID: R11156389
- Updated: 3/3/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Bathtub, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Heater, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside, Laundry Closet
Additional Information
- Shared Amenities: Golf Course, Sidewalks
- Security/Safety: Gated Community
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Covered, Open, Patio, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Attached, Garage
Location
- County: Martin
- Subdivision: The Sanctuary
- Driving Directions: GPS
- Direction Faces: East
School Information
- Elementary School: Palm City
- Middle School: Hidden Oaks
- High School: Martin County
Community
- Community Name: 6090 - Palm City
- Association: Yes
- Assoc. Fees Include: Common Areas
- Units Assoc/Comm: 567
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Underground Utilities, Water Available
Structural Information
- Architectural Style: Colonial
- Construction: Block
- Roof: Barrel
- Windows: Metal, Single Hung
- Stories/Levels: 2
- Building Size: 3771
- Square Feet: 2,815
- Living Area: 2,815 Sq. Ft.
- Year Built: 1996
- Property Condition: Resale
Lot Features
- Property View: Golf Course, Other
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
- Lot Dimensions: .36 acres
- Frontage: Private Road
- Irrigation System: Well
- Lot Features: 1/4 to 1/2 Acre Lot, Sprinkler System
- Zoning: Pud-R
Water Features
- Water Front View: None
Financial Considerations
- Association Fee: $101
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,490.89
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: HAMMOCK CREEK PL 2 LOT 118
- Property ID: 243840002000011800
Listed by Nobs Realty LLC
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Schools
Schools serving 5020 SW Elk River Ct
School District:Martin County School District
| Name | Grades | Distance |
|---|---|---|
Palm City Elementary School 1951 Southwest 34th Street, Palm City, FL 34990 | PK-5 | 1.5 mi |
Hidden Oaks Middle School 2801 Southwest Martin Highway, Palm City, FL 34990 | 6-8 | 1.2 mi |
Martin County High School 2801 South Kanner Highway, Stuart, FL 34994 | 9-12 | 3.1 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 5020 SW Elk River Ct
Date
Details
Price
Change
Source
1/21/2026
Listed
$769,000
201.57%
MLS
12/14/2009
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5020 SW Elk River Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,706
—
$309,281
3%
2024
$4,706
2%
$300,565
3%
2023
$4,608
4%
$291,811
6%
2021
$4,443
—
$275,061
-3%
2022
$4,438
—
$283,312
4%
2021
$4,443
6%
$271,264
4%
2018
$4,174
6%
$260,220
2%
2017
$3,932
2%
$254,868
2%
2016
$3,870
—
$249,626
1%
2015
$3,889
-9%
$247,891
-7%
2019
$4,283
12%
$265,165
8%
2014
$3,828
2%
$245,924
1%
2013
$3,766
—
$242,290
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5020 SW Elk River Ct
5020 SW Elk River Court, Palm City, FL 34990 (MLS# R11156389) is a Single Family property with 4 bedrooms and 3 full bathrooms. 5020 SW Elk River Court is currently listed for $769,000 and was received on January 21, 2026. Want to learn more about 5020 SW Elk River Court? Do you have questions about finding other Single Family real estate for sale in Palm City? You can browse all Palm City real estate or contact a Coldwell Banker agent to request more information.

