Waterstone
Homes for Sale in Fort Pierce, FL
All 855 homes for sale in Fort Pierce, FL · median $315,000 · 185 homes for sale in 34951 · St. Lucie County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-20, 11 recorded sales closed at a median of $330,000, $200 per square foot, a median 90 days on market, sellers accepting 96% of original asking (-12% versus the prior year). At the median price and St. Lucie County's FY2025-26 rate of 22.85 mills, annual property tax runs about $7,540 ($6,560 with the full homestead exemption).
Part of Waterstone Phase Four, Fort Pierce, FL — see all Waterstone Phase Four homes for sale (37 listings across 4 sections in the MLS).
| Location | Fort Pierce, St. Lucie County, FL · ZIP 34951 |
|---|---|
| Homes in the community | 398 (FL DOR 2025 assessment roll) |
| Years built | 2008–2024 (median 2023.0) |
| Typical living area | 1,838 sq ft (median) |
| Sale prices, last 12 months | $330,000 median across 11 closed sales · $200 per sq ft · -12.0% vs the prior 12 months |
| Days on market (closed sales) | 90 median |
| Owner-occupied (homestead) share | 49% |
Data as of September 20, 2026. 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Waterstone Phase One key facts,” movewithmomentum.com/neighborhoods/waterstone-phase-one, data as of September 20, 2026.

Waterstone Phase One sits at a median of $365,207 and $196.63 per square foot—Fort Pierce pricing that reflects the planned-community premium over the city's older resale stock, but without the clubhouse or resort amenities that typically underpin that premium. With no identified community amenities, buyers are paying for newer construction, modern layouts, and the promise of a cohesive neighborhood aesthetic, not a lifestyle package.
The market here is sluggish: a 90-day median time on market and a 2.6 percent year-over-year decline signal hesitation. Nine closings in the trailing window is thin activity for a phase-one subdivision. Sellers will need to price sharply to compete, and buyers have room to negotiate—but only if they're comfortable with a community still finding its footing and a price point that isn't yet supported by deep absorption or strong momentum.
Waterstone right now
🔴 Off the recent peak. The trailing-12-month median ($330K) is down 12.0% from the prior 12 months ($375K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 20. Confidence: Low (11 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside WaterstoneHomes for Sale in Fort Pierce, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Waterstone market snapshot (as of September 20, 2026): the median sale price is about $330K ($200 per sq ft over the trailing 12 months of closed sales), and a median 90 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Beaches MLS closed sales (11 closings in the current window).
In ZIP 34951 (Fort Pierce), 353 homes closed in the last 12 months at a median of $313K ($187/sq ft), down 6.2% year over year, with a median 97 days on market. Right now 129 active and 38 pending listings put supply at about 6.0 months — a buyer's market. See the live ZIP 34951 housing market and the St. Lucie County market.
County records show 205 qualified sales in Waterstone across 2024–2025 (117 in 2024, 88 in 2025), median $370,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Waterstone is a community of 398 homes in Fort Pierce, St. Lucie County, built between 2008 and 2024 (median 2023.0), with a median living area of about 1,838 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Waterstone Phase One is a newer Fort Pierce subdivision trading at a median of $365,207 with no community amenities currently identified and a market absorbing inventory slowly—buyers are underwriting the new-home premium without the typical clubhouse or pool that usually justify it.
Who Waterstone is best for.
Best for
- Buyers prioritizing a newer build in a planned Fort Pierce setting and willing to trade amenities for a lower basis and room to negotiate in a slow market.
- Value-focused buyers comfortable with a 90-day DOM reality who can structure patient, data-driven offers and wait for neighborhood maturation.
- Owner-occupants seeking modern floorplans and cohesive streetscapes without the HOA dues or density that come with full-service resort communities.
Probably not for
- Buyers expecting a clubhouse, pool, or fitness center at this price—there are no identified community amenities to justify the planned-community premium.
- Investors or flippers counting on quick appreciation or liquidity—the 2.6 percent year-over-year decline and thin closings argue against near-term upside.
- Buyers who need immediate neighborhood vitality or fast resale optionality—this is a phase-one community still proving its market position and absorption pace.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($330K) IS the median in the snapshot above, and the move from 2025 ($375K) IS the -12.0% one-year change.
Windows contain 3 to 28 sales each (11 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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. Deemed reliable but not guaranteed.
28% of homes for sale in ZIP 34951 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-20).
The Waterstone buying strategy.
If we were buying in Waterstone today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Waterstone.
What the numbers tell us
The 90-day median DOM is the headline: homes in Waterstone Phase One are sitting three times longer than the tight urban pockets of the Treasure Coast, and the 2.6 percent year-over-year decline confirms that pricing has not kept pace with expectations. Nine closings in the window is a modest pace for a phase-one community, suggesting either limited inventory release or subdued buyer interest. At $196.63 per square foot, the pricing is competitive with newer Fort Pierce product, but the absence of amenities makes direct comps harder to justify and gives buyers leverage in negotiations.
This is a value argument that depends entirely on the home itself—condition, floorplan, lot position—because the community offers no shared facilities to tip the scales. Buyers looking for instant equity or strong near-term appreciation should pause; those prioritizing a newer build in a planned setting and willing to wait for the neighborhood to mature have an entry point with room to negotiate.
The location and the amenities are priced into every listing in Waterstone. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Waterstone buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.2). Basis: Recent Direction -12.0% year-over-year; Owner Commitment 49% owner-occupied; Pricing Power 96.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Waterstone Phase One requires a broker who can comp accurately across Fort Pierce's fragmented new-build landscape and who will not oversell a community still establishing its market position. Momentum writes offers that account for the 90-day DOM reality, negotiates from absorption data, and will tell you plainly if comparable resale or nearby communities offer better value per dollar. We know when a phase-one price reflects builder optimism rather than market validation, and we structure our guidance and our offers accordingly.
Waterstone in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Waterstone buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Waterstone sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterstone, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterstone home worth?
Get a no-obligation home value based on real comparable sales in Waterstone, 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 all homes for sale in Fort Pierce →
Frequently Asked Questions
What is the median home price in Waterstone?
How long do homes in Waterstone take to sell?
How many homes are in Waterstone?
What share of Waterstone is owner-occupied?
When were the homes in Waterstone built?
Who is the best real estate agent for Waterstone?
How do I find a top Fort Pierce real estate agent who knows Waterstone?
Can Momentum Realty connect me with an agent for Waterstone?
Where is Waterstone, and what county is it in?
Is Waterstone a good place to live?
Should you buy in Waterstone?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (8 streets, ZIP 34951)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2020 (98 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Waterstone Phase One fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Waterstone with Momentum Realty’s local guides.






