Rediscovering Stuart, Florida’s Lost River Plantation
Recently I had the opportunity to rediscover the Lost River section of Stuart, with its waterfront homes and “Old” Florida ambiance at Kolter Homes’ “Lost on the River” brokers open. Kolter pulled out all the stops with with Tiki bar, hor d’oeuvres, give-a-ways, music and dancing. They even featured boat tours of the Lost River, a meandering tributary of the St Lucie River with access to the Indian River and the Intracoastal Waterway. Boating time to the ocean is a leisurely 45 minute ride.
Engle Homes had previously developed a portion of the area, better known as Lost River Plantation, with a gated community featuring homes that include either a backyard dock or deeded slip in their deep water marina.Those homes were upwards of $800,000 and suffered huge declines in value the last several years, so I didn’t pay much attention when I heard Kolter was developing their own section of luxury waterfront homes.
I was pleasantly surprised to discover Kolter has created its own enclave of waterfront luxury homes featuring deep water docks, complete with boat lift, at prices starting in the low $500’s. These energy efficient homes are nestled along the river and feature open plans with large backyards. The low monthly HOA dues (currently $131/month) include common area landscaping, clubhouse with fitness room, and basic cable. This Kolter community offers good value for boaters seeking affordable waterfront property.
This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Web site. As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details.