How much is 8862 Estate Drive?

8862 Estate Drive is listed at $2,695,000, which is about $561 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 8862 Estate Drive?

The listing reports an association fee of $342 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 8862 Estate Drive?

The listing reports annual property taxes of $9,577 for 2026. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 8862 Estate Drive built?

8862 Estate Drive was built in 1993 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 8862 Estate Drive been on the market?

8862 Estate Drive has been listed for 6 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 8862 Estate Drive waterfront?

Yes. The listing describes the water as lake access lake front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 8862 Estate Drive?

The MLS lists Everglades (Palm Beach) (elementary), Emerald Cove (middle), Palm Beach Central (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

8862 Estate Drive, West Palm Beach, FL 33411

$2,695,000 · Active

5 beds
3.5 baths
4,800 sq ft
6 days on market
Single Family Residence
Built 1993
HOA $341.66/mo
Lot 43,560 sq ft
5,625 sq ft total
2.5 garage spaces
Palm Beach County
MLS# B26095378
Banyan Estates

Banyan House by the Lake at 8862 Estate Drive, West Palm Beach

Turquoise Home with Palms at 8862 Estate Drive, West Palm Beach

Tropical Teal House with Lush Landscapin at 8862 Estate Drive, West Palm Beach

Aerial Lakefront Estate Showcase at 8862 Estate Drive, West Palm Beach

Aerial Lakefront Home Property Overview at 8862 Estate Drive, West Palm Beach

Private Lakefront Retreat at 8862 Estate Drive, West Palm Beach

Aerial Aqua House and Pool Retreat at 8862 Estate Drive, West Palm Beach

Lakefront Living with Peaceful Views at 8862 Estate Drive, West Palm Beach

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 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.

Features

Bar
Built-in Features
Cathedral Ceiling(s)
Central Vacuum
Entrance Foyer
High Ceilings
Kitchen Island
Pantry
Vaulted Ceiling(s)
Wet Bar
Walk-In Closet(s)
Bedroom Layout - Split
Closet Cabinetry
Pull Down Stairs
Roman Tub
Outdoor Shower
Pool Bathroom
Lake Access
Lake Front
In Ground
Equipment Included

Schools

Elementary: Everglades (Palm Beach)
Middle: Emerald Cove
High: Palm Beach Central

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · FLBroker@elliman.com · Listing agent: Lauren Nicole Mathews

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 8862 Estate Drive.

Before You Make an Offer

Buying a lakefront home in South Florida

Own a Lakefront Home?

Lakefront buyers are not boaters looking for the ocean; they want the view, the quiet, the shoreline and the yard, and they ask what the lake rules allow. If you own a home on a lake, a broker can check it against what the buyers working with BreakThru Realty have asked us to find, and show you how a lakefront home is positioned for the buyers who value it.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 8862 Estate Drive

How much is 8862 Estate Drive?: 8862 Estate Drive is listed at $2,695,000, which is about $561 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 8862 Estate Drive?: The listing reports an association fee of $342 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 8862 Estate Drive?: The listing reports annual property taxes of $9,577 for 2026. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 8862 Estate Drive built?: 8862 Estate Drive was built in 1993 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 8862 Estate Drive been on the market?: 8862 Estate Drive has been listed for 6 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 8862 Estate Drive waterfront?: Yes. The listing describes the water as lake access lake front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 8862 Estate Drive?: The MLS lists Everglades (Palm Beach) (elementary), Emerald Cove (middle), Palm Beach Central (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 4 bedroom home at 1209 Breakers West Boulevard, West Palm Beach, FL 33411 is comparable and listed for sale at $2,499,000. Another comparable home, 120 Summa Street, West Palm Beach, FL 33405, sold for $3,300,000 in October 2026. West Palm Beach neighborhoods include Forest Hill Village and Broadmoor. Nearby ZIP codes include 33401 and 33405. This property also neighbors Greenacres, Royal Palm Beach, and Haverhill. Compare it with the West Palm Beach housing market report.