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8862 Estate Drive, West Palm Beach FL 33411

House For Sale
$2,850,000

BTC: 45.89371981

ETH: 1,693.70654306

-$150K (2026/05/23)
126 days
Waterfront
5 bds
3 ba
4,800 sqft

Overview

Banyan Estates. Home is on beautiful water ski lake. Bring your water sport toys and fishing poles. Next to prestigious Banyan Golf Club. Updated. Metal roof. CBS. Open floor plan. High ceilings, split bedroom plan. Billiard room can be converted into 2 additional bedrooms. 3 private patios. 20x40 all tile game/lap pool. Wood burning coral fireplace. Large bedrooms. 2 masters. Lake view suite can easily be converted back into original floor plan or left as a lakeview suite. If desired seller will convert back prior to closing. Professional landscaping consists of mature oak trees, privacy hedges, and groundcovers. Seller will consider concessions.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Circular Driveway / Open / Parking Garage
Year Built:
1993
Lot:
1.00 Acres
Heating:
Central / Electric / Zoned
Price/sqft:
$594
Cooling:
Central Air / Electric / Paddle Fans
HOA:
$341

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,549,000
$3.1M – $11.6M
Confidence Low
List vs. estimate
$699K below estimate
List $2,850,000 · -19.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$593
+52.3% vs. city median $389
Based on
8 MLS comparables
+ 7 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,353
2025
HOA
$341/mo
Pool
Equipment Stays
View
Canal, Lake
Waterfront
Lake Access
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Marble

    Heating

    • Central

    • Electric

    • Zoned

    Cooling

    • Central Air

    • Electric

    • Paddle Fans

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • 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

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • 2 Or More Spaces

    • Circular Driveway

    • Open

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: West Of Us1 / Outdoor Shower

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 00424408010010070

    • Zoning: residential

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Septic

    • Underground Utilities

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

  • Other financial information

    • HOA: $341

    • HOA Frequency: Monthly

    • Annual tax amount: $9,353

  • Source details

    • MLS ID: R11160146

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Laundry Tub / Laundry Room / Utility Room/Laundry

    • Lot Features: 1 To Less Than 2 Acre Lot / West Of US 1 / Treed Lot / Septic

    • Patio And Porch Features: Patio

    • Pool Features: Equipment Stays

    • Window Features: Complete Accordian Shutters / Hurricane Shutters / Blinds / Drapes / Verticals

    • Direction Faces: North

    • Other Structures: Livable

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4800

    • Water Source: Public

    • Subdivision Name: Banyan Estates

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Hastings Realty Inc.