4 months on rocket

1162 Banyan Estates Dr, North Palm Beach, FL, 33408

$17,775,000

5 Bedrooms
6 Full Baths, 3 Partial
9,227 SqFt
$1,926/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Driveway, Garage - Attached, Garage - Detached
Attached Garage4 spaces
Year Built2020
HeatingCentral, Electric, Zoned
CoolingCentral Air, Electric, Zoned
WaterfrontOcean Access
ViewGarden, Lagoon, Pool
Private PoolYes
MLS #RX-11002278
StatusActive

About 1162 Banyan Estates Dr

Welcome to this luxurious residence located in North Palm Beach's most prestigious community, Seminole Landing. Constructed in 2020, this stunning property spans over 12,000 square feet of meticulously designed indoor and outdoor living space, offering the perfect blend of elegance and modern convenience.As you step inside, you'll be captivated by the grandeur of the open concept living areas, flooded withnatural light and adorned with the finest finishes. Venetian plaster walls throughout the main spacesdelicately reflect the light and exude elegance and craftsmanship. Wood flooring warms up the space andprovides a visual flow between the rooms.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Traditional
  • Year Built: 2020
  • Stories: 2
  • Living Area: 9,227 SqFt

Listing Office:

  • Office Name: Serhant
  • Office Phone: (561) 203-2762
  • Listing Agent: Stephanie Muzzillo

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Dryer, Freezer, Whole Home Generator, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Built-in Shelves, Closet Cabinets, Decorative Fireplace, Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Upstairs Living Area, Volume Ceiling, Walk-in Closet, Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Ocean Access
  • View: Garden, Lagoon, Pool
  • Exterior: Auto Sprinkler, Built-in Grill, Cabana, Covered Balcony, Covered Patio, Custom Lighting, Fence, Open Patio, Outdoor Shower, Screened Patio, Summer Kitchen, Tennis Court, Wrap Porch, Zoned Sprinkler

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Driveway, Garage - Attached, Garage - Detached

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Electric, Zoned

Other

Directions Information:

  • Directions: Head east on PGA, turn right onto US 1 North, then right onto Seminole Blvd. After the gate, go straight, turn right on Banyan Rd. Follow to Banyan Estates Dr, make a right; the house is on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $17,775,000
  • Price Per SqFt: $1,926/SqFt

HOA Fees:

  • Amount: $833
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $26,453
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in North Palm Beach, FL.

Med. Sold Price

$571K

Med. Price/SqFt

$379

Avg. Days On Market

86

# of Sold Homes

28

1162 Banyan Estates Dr vs North Palm Beach

129 DAYS ON ROCKET

+43 Days

$17,775,000

+$17.2M More

$1,926/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $17.2M more than the Median Sold Price and $1.5K/SqFt more than other homes in North Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11002278

Listing Office:

  • Office Name: Serhant
  • Office Phone: (561) 203-2762
  • Listing Agent: Stephanie Muzzillo

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:14:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2017Home Sold
$1,900,000
Apr 30, 2015Home Sold
$1,350,000

Tax History

YEARPROP. TAXASSESSMENT
2020$26,453$1,500,000
2019$29,191$1,635,000
2018$26,629$1,538,001
2017$21,774$1,194,775

History based on county public records data.

Payment Calculator

$89.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$53.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-260589
5
/10
  • Allamanda Elementary School

  • 10300 Allamanda Dr

  • 2.50 miles

  • Public Magnet Grades PK-5

school-card-donut-260590
7
/10
  • Palm Beach Gardens Elementary School

  • 10060 Riverside Dr

  • 3.30 miles

  • Public Magnet Grades PK-5

school-card-donut-260591
9
/10
  • Beacon Cove Intermediate School

  • 150 Schoolhouse Rd

  • 3.78 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $177,333. Most North Palm Beach, FL residents have annual incomes $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1162 Banyan Estates Dr

What is the listing price of this property?

The listing price of 1162 Banyan Estates Dr property is $17,775,000.

What type of property is this?

The property 1162 Banyan Estates Dr is a house located in North Palm Beach, Florida, 33408.

Is this property for sale now?

Active Listing: 1162 Banyan Estates Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $26,453 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2017 for $1,900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1162 Banyan Estates Dr has 5 bedrooms and 6 full and 3 half bathrooms.

What is the square footage of this property?

The property 1162 Banyan Estates Dr is 9,227 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1162 Banyan Estates Dr is 2020.
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Rocket Homes›Florida›Palm Beach County›North Palm Beach›33408›1162 Banyan Estates Dr

This home is located at 1162 Banyan Estates Dr in North Palm Beach, FL and zip code 33408 in the Lost Tree Village neighborhood. This 9,227 square foot home was built in 2020. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $17,775,000.

Over 1 listings were sold over their listed price in October 2024 in North Palm Beach, FL. In the same period over 24 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in North Palm Beach, FL there were 7.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $571,000, while the average time on the real estate market was 86 days.

From Rocket Homes Real Estate and based on county public records data.

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