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8862 Estate Dr
West Palm Beach, FL 33411
Listing courtesy of Douglas Elliman. Contact: [email protected].
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.
- Principal and interest
- $13,627
- Property tax
- $3,869
- Homeowners insurance
- $1,683
- HOA
- $341
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.