8862 Estate Drive
Banyan Estates · West Palm Beach · FL · 33411
Overview
About this home
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.
Property details
Interior
- Bedrooms
- 5
- Full bathrooms
- 3
- Half bathrooms
- 1
- Living area
- 4,800 sq ft
- Flooring
- Carpet, Marble
- Cooling
- Central Air, Electric, Paddle Fan(s)
- Heating
- Central, Electric, Zoned
- Laundry
- Inside, Laundry Closet, Laundry Tub
- Features
- Bar, Bedroom Layout - Split, Built-in Features, Cathedral Ceiling(s), Central Vacuum, Closet Cabinetry, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Pull Down Stairs, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
- Accessibility
- Accessible Doors, Accessible Full Bath, Customized Wheelchair Accessible
Exterior & lot
- Construction
- CBS, Concrete, Metal Siding
- Roof
- Aluminum, Metal
- Stories
- 1
- Lot size
- 1 acres (43,560 sq ft)
- Pool
- Equipment Included, In Ground
- View
- Lake, Canal, Pool, Other
- Parking
- Attached Garage, Circular Driveway, Garage, Garage Door Opener, Open
- Garage spaces
- 2.5
- Features
- Outdoor Shower, Pool Bathroom
Community
- Subdivision
- Banyan Estates
- HOA
- Community Ace
- HOA fee
- $341 monthly
- Amenities
- Basketball Court, Boating, Jogging Path, Picnic Area, Street Lights, Tennis Court(s)
- County
- Palm Beach
Listing & financial
- Property type
- Single Family Residence
- Year built
- 1993
- Annual taxes
- $9,577 (2026)
- Parcel ID
- 00424408010010070
- Buyer financing accepted
- Cash, Conventional
- Sale type
- Standard
- MLS #
- B26095378
Sale & tax history
This listing
| Nov 2, 2026 | Listed for sale | $2,695,000 |
Taxes
2026 property taxes: $9,577. In Florida, taxes are re-assessed after a sale, so a new owner's bill can be different (your homestead exemption can lower it).
Full sale and tax history is public at the county property appraiser (parcel ID 00424408010010070). Open the Palm Beach County Property Appraiser ↗
Location
Approximate location. Street View opens in Google Maps where Google has street photos.
Neighborhood
- Subdivision
- Banyan Estates
- City
- West Palm Beach
- County
- Palm Beach County
- Elementary school
- Everglades (Palm Beach)
- Middle school
- Emerald Cove
- High school
- Palm Beach Central
Schools as reported by the listing agent. Always confirm school assignments with the district: Palm Beach County schools ↗.
Climate, weather & flood risk
Average temperatures by month
Winters are mild, with highs around 76°F from December to February. The coolest nights come in January (about 58°F); the warmest days in July (about 90°F).
| Month | Low | Range | High | Rain |
|---|---|---|---|---|
| Jan | 58° | 75° | 3.5″ | |
| Feb | 60° | 77° | 2.6″ | |
| Mar | 63° | 79° | 3.3″ | |
| Apr | 68° | 82° | 3.7″ | |
| May | 72° | 86° | 4.9″ | |
| Jun | 75° | 88° | 8.5″ | |
| Jul | 76° | 90° | 5.6″ | |
| Aug | 76° | 90° | 8.7″ | |
| Sep | 76° | 88° | 8.0″ | |
| Oct | 73° | 85° | 5.9″ | |
| Nov | 66° | 80° | 3.6″ | |
| Dec | 62° | 76° | 3.5″ |
Average daily low and high (°F) and monthly rainfall (inches). Source: NOAA U.S. Climate Normals 1991–2020, West Palm Beach Intl Airport station (6 mi away). Most rain falls in short summer afternoon showers.
Monthly payment
Estimated monthly payment
$16,563/mo
- Principal & interest$13,627
- Property taxes$798
- Home insurance$1,797
- HOA$341
Estimate only, not a loan offer. The rate is an example: ask a lender for today's rates. In Florida, property taxes are re-assessed after a sale, so the seller's last bill is only a starting point; your homestead exemption can lower it. Insurance is a rough estimate; get a real quote, including flood and wind coverage. Talk to a lender we trust →
