For sale Home

Listed Nov 2, 2026

$2,695,000 Est. $17,825/mo

8862 Estate Drive

  • 5

    Beds

  • 4

    Baths

  • 4,800

    Sq ft

The story

  • Pool
  • Waterfront

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.

Facts & features

Home type

Home

Year built

1993

Floors

1

Lot size

1 acres

Price per sq ft

$561

HOA

$342 / monthly

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Heating

    Central, Electric, Zoned

  • Appliances

    Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer

  • Flooring

    Carpet, Marble

  • Roof

    Aluminum, Metal

  • Lot Information

    One To Two Acres, Many Trees, Sprinklers Automatic

  • Exterior

    Outdoor Living Area, Outdoor Shower

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$17,825 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $14,344
  • Property tax $2,695
  • Insurance $786

Includes principal, interest, taxes & insurance.

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Listing Broker

Douglas Elliman

Broker Name

Douglas Elliman

Agent

Lauren Nicole Mathews

Location

Palm Beach FL 33480