Single Family Residence

8862 Estate Drive

8862 Estate Drive, West Palm Beach FL 33411 Get directions

$2,695,000

For Sale New — listed today

5 Beds · 3 Baths · 4,800 SqFt

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Lauren Nicole Mathews

Overview

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 family and 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.

Facts & features

Interior

Living area (sq ft)
4,800
Full bathrooms
3
Half bathrooms
1
  • Bar
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Entrance Foyer
  • French Doors
  • Laundry Tub
  • Pantry
  • Pull Down Stairs
  • Roman Tub
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Volume Ceilings
  • Walk-In Closet(s)
  • Wet Bar
  • Attic
  • Den/Library/Office
  • Family Room
  • Game Room
  • Great Room
  • Other
  • Recreation Room
  • Utility Room
  • Utility Room/Laundry

Building & exterior

Year built
1993
Lot size (sq ft)
43,560
Garage spaces
2
Covered spaces
2
Pool
Yes
Waterfront
Yes
  • Canal
  • Lake
  • Other
  • Pool
  • Canal View
  • Lake View
  • Other Water View
  • Lake Access
  • West Of Us1
  • Outdoor Shower
  • 2 Or More Spaces
  • Circular Driveway
  • Open
  • Parking Garage

HOA (homeowners association)

Association fee
$341 per month
  • Basketball Court
  • Bike/Jog Path
  • Boat Dock
  • Barbecue
  • Private Pool
  • Tennis Court(s)
  • No Restrictions
  • Yes

Taxes

Annual tax
$9,577
Tax year
2026
Parcel number
00424408010010070

Assigned schools

Elementary
Everglades
Middle
Emerald Cove
High
Palm Beach Central

Listing

MLS number
B26095378
Property type
Single Family Residence
Price per SqFt
$561
Subdivision
Banyan Estates
On market since
Nov 2, 2026
Days on market
0

Estimated monthly cost

$16,788 per month

Principal & interest (30 yr)
$13,627
Property tax
$798
Insurance (estimated)
$2,021
Association fee
$341

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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