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1201 Faulkner Terrace, Palm Beach Gardens, FL 33418
Under Contract
51 Days on Market
1 / 13
1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 11201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 21201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 31201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 41201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 51201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 61201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 71201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 81201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 91201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 101201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 111201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 121201 Faulkner Terrace, Palm Beach Gardens, FL 33418 photo 13
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How this price compares

Asking price
$1,700,000
Price per sq ft
$401
Original price
$1,800,000
Days on market
51

This 5-bedroom single-family home in Alton Neighborhood 1 went under contract with an asking price of $1,700,000, or $401 per square foot. The asking price has come down 5.6% from its original $1,800,000. It spent 51 days on the market before going under contract.

5
Bedrooms
5
Bathrooms
4,236
Living Sq Ft
2020
Year Built

Estimated monthly payment

$8,934 /mo

Principal and interest only, based on $340,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $489/mo HOA are not included.

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Listing Snapshot

Price
$1,700,000
Days on Site
51 Days
Bedrooms
5
Total Baths
5
Full Baths
4
Partial Baths
1
Living Area
4,236 sqft
Total Sq Ft
5,464 sqft
Lot Size
0.12 Acres
Year Built
2020
Property Type
Single Family
MLS #
B26055873
Property Tax
$23,615 (2025)
HOA Fees
$489 / Monthly
Subdivision
ALTON NEIGHBORHOOD 1
Development
Alton
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

Welcome to this spacious single family home located in Alton Neighborhood 1, Palm Beach Gardens. This lakefront residence offers 5 bedrooms, 4.5 bathrooms, and 4,236 square feet of finished living space across two thoughtfully designed levels. The flexible floor plan provides generous space for entertaining, working from home, hosting guests, or enjoying everyday living. A three-car garage offers ample room for vehicles, storage, and recreational equipment, while the home's lakefront setting creates a peaceful backdrop. Ideally located within the established Alton community, the property is within walking distance of a variety of restaurants, shops, and everyday conveniences. With substantial living space, a versatile layout, and a desirable Palm Beach Gardens location.

Virtual Tour

General Features

Property Type
Single Family
Status
Under Contract
Year Built
2020
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
3
Attached Garage
Yes
Parking
Attached / Driveway / Garage / Garage Door Opener
Direction Faces
North
Lot Size (Acres)
0.12
Living Sq Ft
4,236
Total Sq Ft
5,464
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
PCD (city)

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Freezer / Gas Cooktop / Disposal / Gas Water Heater / Microwave / Oven / Range / Refrigerator / Tankless Water Heater / Vented Exhaust Fan / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric / Zoned
Heating
Central / Electric / Zoned
Flooring
Engineered Hardwood / Tile
Interior Features
Dual Sinks / High Ceilings / Upper Level Primary / Bar / Walk In Closets
Laundry
Laundry Room
Windows
Blinds
Main Level Bedrooms
0
Main Level Baths
1

Exterior Features

Construction
Block / Concrete / Stucco
Roof
Tile
Exterior Features
Courtyard / Outdoor Living Area / Uncovered Courtyard
Pool Features
Association
Patio & Porch
Covered / Patio
Lot Features
Less Than Quarter Acre
View
Lake / Water

Community & HOA

HOA Fee
$489 / Monthly
HOA Includes
Cable Tv
Association Amenities
Basketball Court / Cabana / Clubhouse / Fitness Center / Maintenance Grounds / Pickleball / Pool / Spa Hot Tub / Sidewalks / Tennis Courts
Community Features
Home Owners Association / Street Lights
Utilities
Cable Available / Electricity Connected / Natural Gas Available / Sewer Connected / Water Connected
Pets Allowed
Breed Restrictions / No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / Va Loan
Restrictions
Buyer Approval Required / Ok To Lease / Rental Restriction
MLS Area
5320

This home's HOA fee works out to $489 a month, in line with the $502 median across 22 homes for sale in Alton Neighborhood 1. See Alton Neighborhood 1 HOA fees

Schools

Elementary School
Marsh Pointe
Middle School
Watson B. Duncan
High School
William T. Dwyer
Homes for Sale
22
Under Contract
10
Median List Price
$1,410,000
Median Sale Price (September)
$860,000
Median $/Sq Ft
$467
Avg Days on Market
90
View all 22 homes for sale in Alton →
How do I schedule a tour of 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418?
Use the Tour button on this listing to request a showing of 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 still available?
1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 is currently listed as Under Contract, and has been on the market 51 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418?
With 20% down ($340,000) on the $1,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 is about $8,934/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 have an HOA fee?
Yes: 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 carries an HOA fee of about $489 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418?
1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 is zoned for Marsh Pointe (elementary), Watson B. Duncan (middle), William T. Dwyer (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418?
Often, yes. The right offer on 1201 Faulkner Terrace, Palm Beach Gardens, FL 33418 depends on how it's priced against comparable single family sales in Palm Beach Gardens, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Vantage Realty Partners

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 1, 2026.

$1,700,000

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Listed by John Patrick Smith, Vantage Realty Partners

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