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5815 Island Reach Lane, Boynton Beach FL 33437

For Sale
$365,000

BTC: 4.63517608

ETH: 157.32758621

3 days
Waterfront
3 bds
2 ba
1,436 sqft

Overview

Wake up to breathtaking sunrises and expansive lake views from one of the most desirable locations within Majestic Isles, Boynton Beach's highly sought-after 55+ gated community. Tucked away on a quiet street with no through traffic, near the cul-de-sac, this waterfront villa offers a rare combination of privacy, tranquility, and convenience. Featuring 3 bedrooms, 2 bathrooms, and a 1-car garage, this home presents an exceptional opportunity to create your dream retreat in a truly picturesque setting. Step inside to discover a spacious, open-concept floor plan filled with natural light, a generous eat-in kitchen with granite countertops and room for a breakfast nook, and a comfortable primary suite complete with a walk-in closet and private bathroom. An interior laundry room adds everyday convenience. The true highlight is the expansive, covered and screened lanai overlooking the lake, offering a shaded outdoor retreat to enjoy your morning coffee, entertain guests, or simply relax while taking in the peaceful waterfront scenery. With wide water views and a quiet, secluded setting, this outdoor space perfectly captures the essence of South Florida living. While much of the interior remains in its original condition, the home offers tremendous potential to update and customize to your personal taste. Additional features include a 2021 A/C system, a 2020 water heater, a recently replaced garage door, newly refinished garage flooring, and the original roof. Ideally positioned near the Woolbright entrance and just a short walk from the community's impressive 16,000-square-foot renovated clubhouse, residents enjoy resort-style amenities including a swimming pool, tennis, pickleball, fitness center, and a vibrant calendar of social activities and clubs. The HOA provides exceptional value, including exterior painting, roof pressure washing, cable TV, common area maintenance, recreational facilities, and 24-hour manned gated security. Conveniently located near shopping, dining, medical facilities, and major highways, Majestic Isles offers an active yet relaxed lifestyle in the heart of Boynton Beach. A rare opportunity to reimagine a waterfront villa in one of the community's most peaceful and desirable locations, where the setting, privacy, and spectacular lake views are what truly set this home apart.

Location

Details

Type:
Residential
Parking:
1 Space / Driveway / Parking Garage
Year Built:
1997
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$254
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$583

Valuation

Our model vs. what's actually selling nearby.
Estimate
$395,000
$360K – $451K
Confidence Medium
List vs. estimate
$30K below estimate
List $365,000 · -7.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$254
+4.7% vs. city median $242
Based on
10 MLS comparables
+ 23 public-records sales within 0.5 mi
Median actual sale: $392K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,355
2025
HOA
$583/mo
Pool
Community
View
Lake, Water
Waterfront
Pond
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Driveway

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 00424526340003140

    • Zoning: RS

  • Type and style

    • Property Type: Residential

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $583

    • HOA Frequency: Monthly

    • Annual tax amount: $2,355

  • Source details

    • MLS ID: B26092633

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Window Features: Electric Shutters / Hurricane Shutters

    • Direction Faces: South

    • Other Structures: Livable

    • Architectural Style: Corner Unit / One Story

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1436

    • Water Source: Public

    • Subdivision Name: MAJESTIC ISLES 2

Private inquiry
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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: Century 21 Stein Posner