Terra Lago: The New-Home Guide.

Overview: What Is Announced

Terra Lago is a master-planned community in Indiantown with resort-style amenities planned alongside the Terra Lago Town Square, a lineup of shopping, dining, and everyday services at the community's doorstep. Ryan Homes is now selling one and two-story single-family homes from $299,990, with six floor plans from about 1,302 to 2,240 square feet and an HOA quoted at $217 a month in the builder's financing example.

The community is reported to bring over 2,500 new homes to Indiantown across townhomes, single-family homes, and apartments.

Ryan Homes also sells Terra Lago Townhomes from about $255,990, and Meritage Homes is selling its Premier Series at Terra Lago reported from about $341,090.

Quick Facts (All Sourced)

Prices are builder and third-party figures as of July 2026 and move with each release and lot premium. Confirm the current base price, the HOA, and any CDD or special district with each builder, and bring your own representation to the first visit.

Location & Context

Terra Lago is in Indiantown, a small town about 15 miles west of Stuart and 8 miles north of the Palm Beach County line, near the St. Lucie Canal, the Indianwood Golf Course, and Timer Powers Park on the Lake Okeechobee Scenic Trail.

Its draw is simple: it is the lowest new-construction price point in Martin County by a wide margin, in a county where coastal new construction rarely starts below the high six figures, traded against a genuine 30-plus minute commute to the coastal job centers.

What Is Planned

Ryan Homes offers six single-family plans from the Alder at $299,990 and about 1,313 square feet to the Willow from $394,990 at about 2,240 square feet, plus a separate townhome line from about $255,990.

Meritage Homes sells its Premier Series at Terra Lago, reported from about $341,090, and the master plan is reported at over 2,500 homes with the Terra Lago Town Square commercial core planned.

Taxes & Costs Context

Terra Lago is in Martin County, so property taxes follow the county millage plus the community's assessments.

Ryan quotes a $217 monthly HOA in its financing example; confirm the current HOA and whether the community carries a CDD or special district, and factor both into the carrying cost. For context, the Martin County figure in our FY2025-26 millage file is a typical total of about 15.47 mills, and actual parcel totals vary by municipality and taxing district, so treat it as a planning number, not a quote.

Ryan single-family homes start at $299,990 and townhomes at about $255,990, so the HOA plus any district assessments shape the all-in monthly cost alongside the base price.

Schools

Terra Lago is served by the Martin County School District per the builder. Confirm the assigned schools for the specific homesite before you buy.

The Timeline

Here is the dated record. It updates as the builders release homes and pricing.

• 2026-07Ryan Homes is actively selling six single-family plans from $299,990 and townhomes from about $255,990 at Terra Lago, with Meritage Homes selling its Premier Series reported from about $341,090. Source: Ryan Homes, Terra Lago (Indiantown) community page, 2026-07.

As the builders release new homes and resale activity builds, this page upgrades in place to a full guide with live listings.

Frequently Asked Questions

Related Reading

Plan the numbers and the area before you commit: