$2,695,000
8862 Estate Drive
West Palm Beach, FL 33411
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $2,695,000
- Price per sq ft
- $561
- Original price
- Unchanged
- Days on market
- 8
This 5-bedroom single-family home in Banyan Estates is listed at $2,695,000, or $561 per square foot. It has been on the market for 8 days.
Estimated monthly payment
$14,163 /mo
Principal and interest only, based on $539,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $342/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $2,695,000
- Days on Site
- 8 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 4,800 sqft
- Total Sq Ft
- 5,625 sqft
- Lot Size
- 1 Acres
- Year Built
- 1993
- Property Type
- Single Family
- MLS #
- B26095378
- Property Tax
- $9,577 (2026)
- HOA Fees
- $342 / Monthly
- Subdivision
- Banyan Estates
- Development
- Banyan Estates
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Where lakefront living meets the luxury of space, privacy, and effortless entertaining. Imagine mornings overlooking the lake, afternoons spent fishing, weekends enjoying the water, and evenings gathered with friends. A place where life slows down, connections grow stronger, and the simplest moments become the most memorable. Nestled within the sought-after Banyan Estates community in West Palm Beach, this exceptional one-acre lakefront property offers a rare combination of spacious living, natural beauty, and a lifestyle that feels like a private retreat. Featuring approximately 4,800 square feet of living space, this five-bedroom residence offers three full bathrooms, one half bath, soaring ceilings, and an expansive open floor plan designed for both everyday comfort and effortless entertaining. Three private patios create inviting spaces to enjoy the outdoors, while the impressive 20' × 40' swimming pool provides the perfect setting for relaxing afternoons and memorable gatherings. Positioned along a recreational waterski lake and adjacent to Banyan Golf Club, the property offers a distinctive opportunity to embrace South Florida's outdoor lifestyle. Solid CBS construction and a durable metal roof add to the home's enduring appeal. More than a residence, 8862 Estate Drive is an invitation to live differently—with room to breathe, space to entertain, and a beautiful waterfront setting to create memories for generations to come.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1993
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 3
- Attached Garage
- Yes
- Parking
- Attached / Circular Driveway / Garage / Garage Door Opener / Open
- Direction Faces
- North
- Lot Size (Acres)
- 1
- Living Sq Ft
- 4,800
- Total Sq Ft
- 5,625
- Structure Type
- House
- Sewer
- Septic Tank
- Water Source
- Public
- Zoning
- residential
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric / Zoned
- Flooring
- Carpet / Marble
- Fireplace
- Yes
- Interior Features
- Attic / Wet Bar / Breakfast Bar / Bidet / Built In Features / Breakfast Area / Bathtub / Closet Cabinetry / Cathedral Ceilings / Central Vacuum / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Garden Tub Roman Tub / High Ceilings / Jetted Tub / Kitchen Island / Main Level Primary / Multiple En Suite Bathrooms / Pantry
- Laundry
- Inside / Laundry Closet / Laundry Tub
- Windows
- Blinds / Drapes
- Main Level Bedrooms
- 5
- Main Level Baths
- 3
- Total Rooms
- 15
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Metal Siding / Concrete
- Roof
- Aluminum / Metal
- Exterior Features
- Outdoor Living Area / Outdoor Shower
- Architectural Style
- Florida
- Private Pool
- Yes
- Pool Features
- In Ground / Pool Equipment / Outside Bath Access
- Patio & Porch
- Covered / Patio / Porch / Screened / Wrap Around
- Lot Features
- One To Two Acres / Many Trees / Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Lake Front / Lake Privileges
- View
- Canal / Lake / Other / Pool
Community & HOA
- HOA Fee
- $342 / Monthly
- HOA Name
- Community Ace
- HOA Includes
- Common Areas
- Association Amenities
- Basketball Court / Boating / Picnic Area / Tennis Courts / Trails
- Community Features
- Home Owners Association / Boat Facilities / Gated / Street Lights
- Security
- Security System Owned / Security System / Fire Alarm / Gated Community / Phone Entry / Smoke Detectors / Security Lights
- Utilities
- Cable Connected / Electricity Connected / Phone Connected / Sewer Connected / Underground Utilities
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / 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 8862 Estate Drive, West Palm Beach, FL 33411?
- Use the Tour button on this listing to request a showing of 8862 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 8862 Estate Drive, West Palm Beach, FL 33411 still available?
- 8862 Estate Drive, West Palm Beach, FL 33411 is currently listed as Active, and has been on the market 8 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 8862 Estate Drive, West Palm Beach, FL 33411?
- With 20% down ($539,000) on the $2,695,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 8862 Estate Drive, West Palm Beach, FL 33411 is about $14,163/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 8862 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 8862 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 8862 Estate Drive, West Palm Beach, FL 33411 have an HOA fee?
- Yes: 8862 Estate Drive, West Palm Beach, FL 33411 carries an HOA fee of about $342 monthly (Community Ace). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 8862 Estate Drive, West Palm Beach, FL 33411?
- 8862 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 8862 Estate Drive, West Palm Beach, FL 33411?
- Often, yes. The right offer on 8862 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 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 November 14, 2026.
$2,695,000
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Listed by Lauren Nicole Mathews, Douglas Elliman
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Recent Sales
Recently sold homes in Banyan Estates
These are the last 5 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 $287 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$1,500,000
Sold · October 23, 2025
8541 Estate Drive
4 bed · 4.5 bath · 5,656 sqft · $265/sqft
$195,000 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.
