$12,000,000
1401 Banyan Road
Boca Raton, FL 33432
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $12,000,000
- Price per sq ft
- $1,266
- Vs. nearby sales
- 19.2% above
- Days on market
- 1
This 5-bedroom single-family home in Spanish River Land went under contract with an asking price of $12,000,000, or $1,266 per square foot. It spent 1 day on the market before going under contract. The 5 most recent single-family home sales in the closings shown below sold at a median of $1,062 per square foot, so the asking price was 19.2% above what comparable homes here actually sold for.
Estimated monthly payment
$63,065 /mo
Principal and interest only, based on $2,400,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $12,000,000
- Days on Site
- 1 Days
- Bedrooms
- 5
- Total Baths
- 8
- Full Baths
- 6
- Partial Baths
- 2
- Living Area
- 9,482 sqft
- Total Sq Ft
- 10,424 sqft
- Lot Size
- 0.37 Acres
- Year Built
- 2026
- Property Type
- Single Family
- MLS #
- R11056129
- Property Tax
- $13,337 (2024)
- Subdivision
- SPANISH RIVER LAND
- Development
- SPANISH RIVER LAND
- County
- Palm Beach
- Status
- Under Contract
About This Property
Presenting 1401 Banyan Road, Boca Raton—a new architectural masterpiece envisioned by the esteemed Empire Development. Nestled within the prestigious Spanish River Land enclave, this contemporary estate sets a new benchmark for luxury living, seamlessly merging timeless sophistication with practical elegance. Encompassing a generous 9,482 square feet of interior space, every aspect of this home has been thoughtfully designed to deliver an extraordinary lifestyle. From the moment you arrive, the grandeur of this estate is evident. Framed by impeccably landscaped grounds featuring towering date palms, calusia hedges, and lush zoysia grass, the home welcomes you into a world of sophistication. Two majestic olive trees, strategically positioned on the north and south sides of the property, create enchanting outdoor courtyardsserene spaces that invite reflection and enhance the estate's allure. This signature feature exemplifies Empire Development's commitment to blending natural beauty with architectural excellence, setting their properties apart as havens of sophistication and thoughtful design. The interiors of this estate are nothing short of spectacular. The heart of the home is the chef's kitchen, a haven for culinary artistry, equipped with quartzite countertops, a Miele suite of appliancesincluding a natural gas range and an additional full prep kitchen for seamless entertaining. A stunning bar on the main level serves as the perfect gathering space, seamlessly complementing the home's two-level clubroom, which features a theater on the first level and a secondary space on the second. This exceptional multi-level space, a hallmark of Empire Development, exemplifies their commitment to surpassing industry standards. By designing multi-functional, luxury-driven environments that cater to relaxation, entertainment, and wellness, Empire Development continues to redefine the essence of elevated living. The living spaces are further elevated by white oak hardwood flooring, lending warmth and sophistication throughout. The expansive primary suite is a private sanctuary, featuring a morning bar, dual custom bathrooms with luxurious steam showers, and his-and-her closets, all opening onto a private balcony for ultimate relaxation. Designed to meet every lifestyle need, the estate boasts five bedrooms, each with its own ensuite bathroom, six full bathrooms, two half bathrooms, and two dedicated offices. A VIP guest suite offers privacy and luxury for visitors, while the property's in-ground heated saltwater pool and spa create a resort-like atmosphere. A full cabana bathroom and a fully appointed summer kitchen ensure effortless outdoor entertaining. This home also offers seamless convenience, with laundry rooms on both floors, a full gym, an elevator with self-opening doors, and a 3.5-car garage. The outdoor spaces are a true marvel, with balconies and courtyards harmonizing with the lush landscaping, including olive trees that enhance the tranquil ambiance. From its modern metal roof to its flawless craftsmanship, every aspect of 1401 Banyan Road reflects an unwavering commitment to excellence. Located moments from Boca Raton's finest dining, shopping, and beaches, this property isn't just a residenceit's a lifestyle statement. DISCLAIMER: Builder and/or Seller reserve the right to make changes and/or modifications to plans, specifications, features, colors and prices. All plans, renderings, and videos shown are artists' conceptions. The information herein is believed to accurate but not guaranteed and may be subject to errors, omissions and changes without notice. All measurements, dimensions, room sizes and lot sizes are approximate. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information.
General Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 2026
- Property Condition
- To Be Built
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 4
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.37
- Living Sq Ft
- 9,482
- Total Sq Ft
- 10,424
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Free Standing Freezer / Gas Range / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Spa
- Yes
- Spa Features
- Heated / In Ground
- Interior Features
- Wet Bar / Bathtub / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Elevator / High Ceilings / Kitchen Island / Pantry / Soaking Tub / Separate Shower / Upper Level Primary / Bar / Walk In Closets
- Laundry
- Inside
- Main Level Bedrooms
- 1
- Main Level Baths
- 3
- Total Rooms
- 9
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Concrete
- Roof
- Metal
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Lighting / Outdoor Kitchen / Outdoor Living Area / Outdoor Shower
- Architectural Style
- Colonial
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Outside Bath Access
- Patio & Porch
- Covered / Open / Patio / Balcony
- Lot Features
- Quarter To Half Acre Lot
- Waterfront Features
- None
- View
- Garden / Pool
Community & HOA
- Community Features
- Street Lights
- Security
- Security System Owned / Security System / Closed Circuit Cameras / Fire Alarm / Gated Community / Smoke Detectors
- Utilities
- Cable Available / Natural Gas Available / Sewer Available / Water Available
- Pets Allowed
- Yes
- Financing Terms
- Cash
- Restrictions
- No Restrictions
- MLS Area
- 4160
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Community
Spanish River Land is a luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $3,000,000 to $25,000,000. Pure Equity lists homes in Spanish River Land and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 1
- Median List Price
- $7,995,000
- Median Sale Price (September)
- $4,625,000
- Median $/Sq Ft
- $1,129
- Avg Days on Market
- 85
Frequently Asked Questions
- How do I schedule a tour of 1401 Banyan Road, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 1401 Banyan Road, Boca Raton, FL 33432. 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 1401 Banyan Road, Boca Raton, FL 33432 still available?
- 1401 Banyan Road, Boca Raton, FL 33432 is currently listed as Under Contract, and has been on the market 1 day. 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 1401 Banyan Road, Boca Raton, FL 33432?
- With 20% down ($2,400,000) on the $12,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1401 Banyan Road, Boca Raton, FL 33432 is about $63,065/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1401 Banyan Road, Boca Raton, FL 33432?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1401 Banyan Road, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1401 Banyan Road, Boca Raton, FL 33432?
- 1401 Banyan Road, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (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 1401 Banyan Road, Boca Raton, FL 33432?
- Often, yes. The right offer on 1401 Banyan Road, Boca Raton, FL 33432 depends on how it's priced against comparable single family sales in Boca Raton, 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 Douglas Elliman
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 July 1, 2026.
$12,000,000
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Listed by Senada Adzem PA, Douglas Elliman
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Recent Sales
Recently sold homes in Spanish River Land
These are the last 6 recorded closings in Spanish River Land, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,093 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$5,100,000
Sold · September 25, 2026
3097-3095 Banyan Road
4 bed · 4.5 bath · 2,986 sqft · $1,708/sqft
$2,105,000 over the asking price
Sold$22,500,000
Sold · September 24, 2026
2989 Spanish River Road
6 bed · 11 bath · 12,055 sqft · $1,866/sqft
$2,495,000 under the asking price
Sold$2,900,000
Sold · September 10, 2026
850 Via Cabana Drive
3 bed · 3 bath · 2,920 sqft · $993/sqft
$350,000 under the asking price
Sold$4,150,000
Sold · September 2, 2026
1098 Spanish River Road
4 bed · 5 bath · 4,289 sqft · $968/sqft
$99,000 under the asking price
Sold$2,075,000
Sold · July 30, 2026
899 S Granada Drive
3 bed · 2.5 bath · 1,954 sqft · $1,062/sqft
$124,000 under the asking price
Sold$3,200,000
Sold · July 21, 2026
1298 Spanish River Road
4 bed · 4 bath · 2,929 sqft · $1,093/sqft
See every recorded sale in Spanish River Land or find out what your Spanish River Land home is worth.
