$1,500,000
Sold · October 23, 2025
8541 Estate Drive
West Palm Beach, FL 33411
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $1,500,000
- Vs. list price
- 11.5% under
- Days on market
- 159
- Price per sq ft
- $265
This 4-bedroom single-family home in Banyan Estates sold for $1,500,000 on October 23, 2025. That was 11.5% below its final list price of $1,695,000. It first came on the market at $1,750,000, so the price was adjusted before it sold. It spent 159 days on the market. At $265 per square foot, it closed 18.2% below the $324 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,500,000
- Sold On
- October 23, 2025
- Days on Site
- 159 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 5,656 sqft
- Total Sq Ft
- 6,884 sqft
- Lot Size
- 1 Acres
- Year Built
- 1984
- Property Type
- Single Family
- MLS #
- R11083444
- Property Tax
- $21,440 (2024)
- HOA Fees
- $308 / Monthly
- Subdivision
- BANYAN ESTATES
- Development
- Banyan Estates
- County
- Palm Beach
- Status
- Sold
About This Property
Rare opportunity to own your own piece of paradise in the desirable and exclusive Banyan Estates neighborhood! This private enclave of 41 homes offers one acre lots and a huge watersports lake! This home is located on the lake with a superb westerly view, perfect for viewing the sunsets in the evening from your dock! The main house features three bedrooms, two of which are on the first floor and a HUGE master suite that covers the entire second floor, with its own private deck! There is also a one bedroom and one bathroom off the pool area, perfect for guests or to make as your own pool house! Three car garage and ample parking make this an amazing place to call home! Come and schedule your private tour today!
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1984
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 1
- Living Sq Ft
- 5,656
- Total Sq Ft
- 6,884
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- RE
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Ceramic Tile / Other / Wood
- Fireplace
- Yes
- Interior Features
- Wet Bar / Built In Features / Breakfast Area / Bathtub / Cathedral Ceilings / Dining Area / Separate Formal Dining Room / Dual Sinks / Eat In Kitchen / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Living Dining Room / Custom Mirrors / Split Bedrooms / Storage / Soaking Tub / Separate Shower / Upper Level Primary / Vaulted Ceilings / Bar
- Laundry
- Inside
- Windows
- Blinds / Skylights
- Main Level Bedrooms
- 3
- Main Level Baths
- 4
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Concrete / Tile
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Traditional
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Covered / Deck / Open / Patio / Balcony
- Lot Features
- One To Two Acres / Corner Lot / Interior Lot
- Waterfront
- Yes
- Waterfront Features
- Lake Front
- View
- Garden / Lake / Pool
Community & HOA
- HOA Fee
- $308 / Monthly
- HOA Includes
- Common Areas / Security
- Association Amenities
- Boating / Tennis Courts / Trails
- Community Features
- Home Owners Association / Boat Facilities / Gated
- Security
- Gated Community / Key Card Entry / Smoke Detectors
- Utilities
- Cable Available / Water Available
- Pets Allowed
- Number Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / Ok To Lease
- MLS Area
- 5570
Schools
- Elementary School
- Everglades (Palm Beach)
- Middle School
- Emerald Cove
- High School
- Palm Beach Central
About the Community
Banyan Estates is a luxury gated, waterfront, luxury community in West Palm Beach, Palm Beach County, Florida. Properties are priced from $1,900,000 to $2,900,000. Pure Equity lists homes in Banyan Estates 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
- 0
Frequently Asked Questions
- How do I schedule a tour of 8541 Estate Drive, West Palm Beach, FL 33411?
- Use the Tour button on this listing to request a showing of 8541 Estate Drive, West Palm Beach, FL 33411. 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 8541 Estate Drive, West Palm Beach, FL 33411 still available?
- 8541 Estate Drive, West Palm Beach, FL 33411 is currently listed as Sold, and has been on the market 159 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 8541 Estate Drive, West Palm Beach, FL 33411?
- With 20% down ($339,000) on the $1,695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8541 Estate Drive, West Palm Beach, FL 33411 is about $8,908/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 8541 Estate Drive, West Palm Beach, FL 33411?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 8541 Estate Drive, West Palm Beach, FL 33411. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 8541 Estate Drive, West Palm Beach, FL 33411 have an HOA fee?
- Yes: 8541 Estate Drive, West Palm Beach, FL 33411 carries an HOA fee of about $308 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 8541 Estate Drive, West Palm Beach, FL 33411?
- 8541 Estate Drive, West Palm Beach, FL 33411 is zoned for Everglades (Palm Beach) (elementary), Emerald Cove (middle), Palm Beach Central (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 8541 Estate Drive, West Palm Beach, FL 33411?
- Often, yes. The right offer on 8541 Estate Drive, West Palm Beach, FL 33411 depends on how it's priced against comparable single family sales in West Palm Beach, 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 Sandals Realty Group, Inc.
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.
$1,500,000
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Listed by Amanda R Glass, Sandals Realty Group, Inc.
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Recent Sales
Recently sold homes in Banyan Estates
These are the last 4 recorded closings in Banyan Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $361 per square foot. The most recent closed on June 22, 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$1,025,000
Sold · June 22, 2026
8777 Estate Drive
3 bed · 3 bath · 2,843 sqft · $361/sqft
$25,000 under the asking price
Sold$2,080,000
Sold · May 18, 2026
8677 Estate Drive
6 bed · 3.5 bath · 4,553 sqft · $457/sqft
$210,000 under the asking price
Sold$510,000
Sold · November 20, 2025
9598 NW 53rd Street
3 bed · 2.5 bath · 1,898 sqft · $269/sqft
$15,000 under the asking price
Sold$545,000
Sold · October 16, 2025
9509 NW 53rd Street
3 bed · 2.5 bath · 1,898 sqft · $287/sqft
$4,000 under the asking price
See every recorded sale in Banyan Estates or find out what your Banyan Estates home is worth.
