Banyan Bay in Stuart

Banyan Bay

Established 1988 · Stuart · Martin County

Stuart's newer gated preserve community, 187 Ryan Homes single-family homes on 250 preserve acres near the St. Lucie River with impact glass and tile roofs.

Newer gated, built from 2018187 homes on 250 preserve acresClubhouse, pool, near the St. Lucie River
Live Market Pulse
51/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Banyan Bay

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive BeachesMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseBeachesMLS
$780K
Median Price
3.4mo
Supply
84days
Avg DOM
Soft
Seller Leverage
$356/sf
Median $/Sqft
n/a
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Banyan Bay is a newer gated community in Stuart, 187 Ryan Homes single-family homes built from 2018 across 250 acres of natural preserve near the St. Lucie River, with impact glass, tile roofs, and a clubhouse, pool, and gym. The read is floor plan plus lot plus upgrades: with five floor plans up to about 2,900 square feet, the plan, the preserve or water-oriented lot, and the upgrade level drive value, while the newer construction keeps renovation risk low. The gated preserve setting, the newer build, and the quick I-95 access are the durable draw; the plan, the lot, and upgrades are the deal. Confirm the HOA, the lot, and upgrades before you write."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Banyan Bay market snapshot (as of June 15, 2026): the median sale price is about $780K ($356 per sq ft), with homes averaging 84 days on market and 3.4 months of supply, a buyer-leaning market (limited data). Based on 7 recent closings in live BeachesMLS data.

Banyan Bay is a gated community in Stuart, Martin County, near the St. Lucie River, of 187 single-family homes built from 2018 by Ryan Homes across about 250 acres of natural preserves, about five minutes from I-95 and the Florida Turnpike.

Homes come in five floor plans up to about 2,900 square feet with two to four bedrooms, with tile roofs, hurricane-impact windows, stainless appliances, granite, and upgraded cabinetry. The floor plan, the lot, and the upgrade level are the value drivers across a consistent newer housing stock.

Amenities include a clubhouse, a gym, a game room, a pool, a picnic area, and walking trails throughout the preserve, with the prime location offering convenient access to boating and fishing and a short drive to area beaches.

Diligence is the diligence of a newer gated community: confirm the HOA dues and what they cover, the reserves and any assessment, the floor plan and lot and preserve outlook, any builder or owner upgrades, and a standard inspection of a late-2010s home. Price by plan, lot, and upgrades, not by the community name.

Best for

  • Buyers who want a newer gated single-family home with low renovation risk in Stuart
  • Buyers who value a preserve setting, impact glass and tile roofs, and quick I-95 access
  • Buyers who want a clubhouse-and-pool community near the St. Lucie River and beaches
  • Buyers who value a no-CDD-reported carrying cost in Martin County

Probably not for

  • Buyers who want a large custom estate or a waterfront dock home
  • Anyone seeking acreage, a no-association lifestyle, or a coastal-walkable address
  • Buyers who want an established mature-tree neighborhood
  • Buyers unwilling to confirm the HOA dues, flood, and homesite specifics

How Banyan Bay is performing right now

51/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
3.4Months of supplytight
84Median days on marketdays
0 : 2Under contract vs for salestrong demand
7Sold in last 12 monthsliquidity
-12%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from BeachesMLS, as of June 15, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Banyan Bay listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Banyan Bay buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Banyan Bay

Live MLS inventory for Banyan Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Banyan Bay listings as of 2026-06-15, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.. Tap any home to ask about it.

Listing locations from BeachesMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Interstate 95 / Florida's Turnpike~5 min · main corridors; approximate
Downtown Stuart~10 to 15 min · shops and dining
St. Lucie River access~5 to 10 min · boating and fishing nearby
Stuart and Hutchinson Island beaches~15 to 20 min · east to the coast
Cleveland Clinic Martin Health~10 to 15 min · Stuart
Palm Beach International (PBI)~55 to 65 min · south via I-95

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Banyan Bay with Momentum Realty’s local guides.

The Florida ClubThe Florida ClubStuart, FL · 0.1 miRiver MarinaRiver MarinaStuart, FL · 0.4 miMartins CrossingMartins CrossingStuart, FL · 0.7 miCamelliaCamelliaStuart, FL · 0.8 miWhitemarsh ReserveWhitemarsh ReserveStuart, FL · 1.0 miDuckwoodDuckwoodStuart, FL · 1.0 miLake TuscanyLake TuscanyStuart, FL · 1.1 miEmerald LakesEmerald LakesStuart, FL · 1.2 miEdgewater PointeEdgewater PointeStuart, FL · 1.3 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Banyan Bay (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Martin County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Banyan Bay is served by Martin County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Banyan Bay address.

The takeaway

What actually shapes value at Banyan Bay, sourced and dated. We do not publish rumor.

Recent Developments in Banyan Bay

Our read on what is being built around Banyan Bay, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishIn a newer gated community, value turns on the floor plan, the lot, and the upgrade level, with the preserve setting, the newer build, and the quick I-95 access as durable draws. The near-term factors are the upgrade gap between homes and the HOA reserves.

Newer gated homes on a 250-acre preserve near the river

Bullish187 Ryan Homes from 2018 with impact glass and tile roofs on a 250-acre preserve near the St. Lucie River and I-95 support demand with low renovation risk. impact
SignificanceRadius: Community-wide

Newer gated homes on a 250-acre preserve near the river

Five floor plans with varying upgrades

NeutralA limited set of plans up to about 2,900 square feet means the plan, the lot, and the upgrade level drive value; comp by plan. impact
SignificanceRadius: Community-wide

Five floor plans with varying upgrades

Flood and homesite considerations near the river

NeutralA St. Lucie River setting with lakes and preserve makes flood designation and the specific lot's outlook a confirm-it item for any given home. impact
SignificanceRadius: Community-wide

Flood and homesite considerations near the river

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Banyan Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. 2026
    Community

    Profiled as a newer gated Stuart preserve community

    Banyan Bay is described as a gated Stuart community of 187 Ryan Homes single-family homes built from 2018 across about 250 acres of preserve near the St. Lucie River, five floor plans up to about 2,900 square feet with tile roofs and impact windows, with a clubhouse, gym, game room, pool, and trails, about five minutes from I-95. Why it matters: The plan, the lot, and the upgrade level define the purchase. Confirm the HOA and the upgrades, then comp by plan. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Banyan Bay, this is the order of operations we would run, and the one we run for our clients.

1

Identify the floor plan. Banyan Bay offers five plans; confirm which one, its size, and bedroom count.

2

Read the lot and preserve outlook. Preserve and water-oriented lots carry premiums; interior lots trade lower.

3

Confirm the HOA. Get the current dues, what they cover, the reserves, and any assessment in writing.

4

Assess the upgrades. Builder and owner upgrades vary between homes; price the finish level.

5

Comp by plan. Match the home to recent closed sales of the same plan and a similar lot, not to a community average.

Best Buy
A well-upgraded home of a desirable plan on a preserve lot, the HOA confirmed, priced to recent comparable sales of the same plan.
Biggest Risk
Paying a premium for a base-finish home, or overlooking the HOA reserves on a newer association.
Best Lot
Preserve and water-oriented lots carry premiums; interior lots trade lower.
Smart Timing
Newer gated demand in Stuart near I-95 stays steady, so a prepared buyer who reads the plan, lot, and upgrades competes well.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Banyan Bay is a gated community in Stuart, Martin County (ZIP 34997), near the St. Lucie River, of 187 single-family homes built from 2018 by Ryan Homes across about 250 acres of natural preserve, in five floor plans up to about 2,900 square feet with tile roofs and impact windows, with a clubhouse, gym, game room, pool, and trails, about five minutes from I-95 and the Turnpike. The community is in the Martin County School District; assignments are set by address, so verify the exact zoned schools with the district.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: smaller plans, base finish
$675K to $759K

The smaller of the five plans at base finish on an interior lot. The accessible door into a newer gated community; price the upgrade gap.

Lowest entry
Core: mid plans on good lots
$759K to $1.06M

Mid-size plans with solid upgrades on preserve lots. The heart of the market, where plan, lot, and finish separate similar homes.

Most inventory
High: largest plans on preserve lots
$1.06M to $1.10M

The largest plans, fully upgraded, on the best preserve lots. The top of the community, priced on size, lot, and finish.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$675K to $759K
Entry: smaller plans, base finish
The smaller of the five plans at base finish on an interior lot. The accessible door into a newer gated community; price the upgrade gap.
$759K to $1.06M
Core: mid plans on good lots
Mid-size plans with solid upgrades on preserve lots. The heart of the market, where plan, lot, and finish separate similar homes.
$1.06M to $1.10M
High: largest plans on preserve lots
The largest plans, fully upgraded, on the best preserve lots. The top of the community, priced on size, lot, and finish.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Stuart locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Banyan Bay

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The newer build, the gated preserve setting, the impact glass and tile roofs, and the quick I-95 access are priced into every Banyan Bay listing. The deal is in the floor plan, the lot, and the upgrade level, not the community name.

Jon Brooks · Founder, Momentum Realty
8.4A- · Buy Score
Resale Strength8.4/10
Renovation Risk2.6/10
Location Efficiency8.4/10
Long-Term Defensibility8.0/10
Carrying Cost Advantage7.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Banyan Bay is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live BeachesMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live BeachesMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from BeachesMLS; for orientation, not an appraisal.

15-Second Take
  • Preserve and water-oriented lots carry the premiums here.
  • Interior lots trade lower.
  • Confirm flood designation on water-facing homesites.
  • The upgrade level is a major swing in a newer community.
  • The plan and upgrade level drive value alongside the lot.

In a newer gated community, value turns on the floor plan, the lot, and the upgrade level. Preserve and water-oriented lots command premiums, while interior lots trade lower for good reason. Because the homes are 2018-and-newer with varying upgrades, compare a home against recent closed sales of the same plan and a similar lot, then price the finish level against it.

Banyan Bay in 15 seconds.

Best forBuyers who want a newer gated single-family home on a preserve lot with low renovation risk in Stuart.
Strong onNewness and setting: 2018-and-newer homes with impact glass and tile roofs on a 250-acre preserve, a clubhouse and pool, and quick I-95 access near the river.
WatchThe upgrade level between homes, the HOA reserves and any assessment, and the lot and preserve outlook.
Not forBuyers who want a custom estate or waterfront dock home, acreage, a no-association lifestyle, a coastal-walkable address, or a mature established neighborhood.
The edgeComping the correct plan and pricing the upgrade level and the lot lets a prepared buyer avoid overpaying for finish or undervaluing the preserve outlook.

HOA, CDD & Fees

15-Second Take
  • Dues fund the gate, clubhouse, gym, pool, and preserve trails.
  • Homes are newer, built from 2018, with low renovation risk.
  • No CDD is reported, a Martin County carrying-cost point.
  • Confirm flood designation on river and lake homesites.
  • Confirm the reserves and any assessment before you buy.

Banyan Bay carries HOA dues that fund the gate, the clubhouse and amenities, and common areas and trails across the preserve. Confirm the current dues, what they cover, the reserves, and any assessment before you offer.

Dues generally fund the gated entry, the clubhouse, gym, game room, and pool, the picnic area and trails, and common-area upkeep; confirm the exact inclusions and reserve position with the association.

Amenities run through the HOA: a clubhouse, a gym, a game room, a pool, a picnic area, and walking trails throughout the preserve, behind a gate. There is no equity golf within the community.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Banyan Bay, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Banyan Bay, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Banyan Bay home worth?

Get a no-obligation home value based on real comparable sales in Banyan Bay matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Banyan Bay on the map →
Or get your Banyan Bay home value & selling guide →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Banyan Bay year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

Banyan Bay Market Scorecard

Buyer-Leaning Market (limited data)

Banyan Bay is currently a buyer-leaning market (limited data). About 3.4 months of supply, a median asking price of $924,950, and homes go under contract in about 84.0 days.

3.4
Months supply
$924,950
Median list
$780,000
Median sold
$356
Per sqft
84.0
Days on mkt
2/0/7
Active/Pend/Sold

Typical home value in the 34997 ZIP is $427,090, about 13.5% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Banyan Bay located?
In Stuart, Martin County, Florida (ZIP 34997), a gated community near the St. Lucie River about five minutes from I-95 and the Florida Turnpike, and 15 to 20 minutes from the Stuart and Hutchinson Island beaches.
What kinds of homes are in Banyan Bay?
187 single-family homes built from 2018 by Ryan Homes in five floor plans up to about 2,900 square feet with two to four bedrooms, tile roofs, and hurricane-impact windows. The plan, lot, and upgrade level drive value.
Is Banyan Bay gated?
Yes. Banyan Bay is a gated community set across about 250 acres of natural preserve.
When was Banyan Bay built?
Banyan Bay was constructed beginning in 2018 by Ryan Homes, so the homes are newer and carry lower renovation risk than older Stuart communities.
What amenities does Banyan Bay offer?
A clubhouse, a gym, a game room, a pool, a picnic area, and walking trails throughout the preserve, behind a gate, with boating and fishing on the St. Lucie River nearby.
What is the Banyan Bay HOA fee?
HOA dues fund the gate, the clubhouse and amenities, and common areas and trails. Confirm the current dues, what they cover, the reserves, and any assessment before you offer.
What schools serve Banyan Bay?
The community is in the Martin County School District. Assignments are set by address and can change, so verify the exact zoned schools with the district before relying on it.
How much do homes here cost?
Pricing is driven by the floor plan, the lot and preserve outlook, the upgrade level, and condition. Treat any reported figures as third-party context and confirm current pricing with a comparable-sales analysis by plan.
Is Banyan Bay on the water?
The community sits near the St. Lucie River with convenient access to boating and fishing, set on a natural preserve, though it is not primarily a dock-home community. Confirm the specific lot's outlook and any water access.
What should I check on a home here?
Standard inspection items for a late-2010s home, including roof, HVAC, and systems by age, plus the HOA reserves. Renovation risk is lower than in older communities, but verify condition and upgrades.
What should I verify before buying in Banyan Bay?
The floor plan, the lot and preserve outlook, the HOA dues and reserves, any assessment, the upgrade level, and a standard inspection of a late-2010s home.
Do I need my own agent to buy in Banyan Bay?
Yes. The listing agent works for the seller. Your own agent identifies the plan, reads the lot and preserve outlook, prices the upgrade level, confirms the HOA, and comps by plan so you do not overpay.
You want a newer gated single-family home with low renovation risk in StuartExcellent fit
You value a preserve setting, impact glass and tile roofs, and quick I-95 accessExcellent fit
You want a clubhouse-and-pool community near the St. Lucie River and beachesExcellent fit
You value a no-CDD-reported carrying cost in Martin CountyExcellent fit
You will confirm the HOA dues, flood status, and homesiteExcellent fit
You want a large custom estate or a waterfront dock homeProbably not
You want acreage, a no-association lifestyle, or a coastal-walkable addressProbably not
You want an established mature-tree neighborhoodProbably not
You are unwilling to confirm the HOA dues, flood, and specificsProbably not
You want a high-rise or maintenance-free condo lifestyleProbably not

Get the inside read on Banyan Bay

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Banyan Bay home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Banyan Bay specialist will reach out personally, usually the same day.

BeachesMLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing photos provided by BeachesMLS, Inc. Information deemed reliable but not guaranteed.

Zoom out before you decide: see the Martin County market guide or every community in the Neighborhood Finder.

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