new - 3 days on rocket

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

$17,500,000

5 Bedrooms
6 Full Baths, 3 Partial
9,227 SqFt
$1,897/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Garage - Attached, Garage - Detached
Attached Garage4 spaces
Year Built2020
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
FireplaceFireplace(s)
Private PoolYes
MLS #RX-11050000
StatusActive

About 1162 Banyan Estates Dr

Welcome to 1162 Banyan Estates Drive nestled within Palm Beach County's exclusive community, Seminole Landing. This exquisite property was built in 2020 with no expense spared. Sitting on just over 1 lush acre, this home boasts 5 bedrooms, 6 full baths and 3 half baths along with an office/gym, movie theater, club room and game room. With no detail missed, every inch of this home is complete with the finest finishes, including venetian plaster walls throughout that creates a timeless design. The chef's kitchen features high-end Subzero/Wolf appliances, quartzite countertop with leathered backsplash, with custom eat-in-kitchen table and cabinetry. The expansive Primary Suite overlooking the back of the property offers 2 tastefully designed marble bathrooms and walk-in closets.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Douglas Elliman (Jupiter)
  • Office Phone: (561) 653-6100
  • Listing Agent: John A DelPrete
  • Agent Phone: (772) 215-5503

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Disposal, Dryer, Freezer, Whole Home Generator, Ice Maker, Microwave, Gas Range, Refrigerator, Water Purifier, Washer
  • Flooring Type: Tile, Wood Floor
  • Interior: Bar, Built-in Shelves, Custom Mirror, Decorative Fireplace, Elevator, Entry Lvl Lvng Area, Fireplace(s), Foyer, French Door, Kitchen Island, Pantry, Second/Third Floor Concrete, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • Exterior: Auto Sprinkler, Built-in Grill, Covered Balcony, Covered Patio, Custom Lighting, Fence, Outdoor Shower, Summer Kitchen, Zoned Sprinkler

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 1162 Banyan Estates Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Private

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head North on US1 from PGA Blvd. Turn Right onto Seminole Blvd. Through the gate turn Right onto Banyan Road. About 1/4 mile you'll see Banyan Estates Drive. Turn right, and its the 2nd house on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $17,500,000
  • Price Per SqFt: $1,897/SqFt

HOA Fees:

  • Amount: $1156
  • 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

$559.3K

Med. Price/SqFt

$371

Avg. Days On Market

91

# of Sold Homes

16

1162 Banyan Estates Dr vs North Palm Beach

3 DAYS ON ROCKET

-88 Days

$17,500,000

+$16.9M More

$1,897/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $16.9M 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-11050000

Listing Office:

  • Office Name: Douglas Elliman (Jupiter)
  • Office Phone: (561) 653-6100
  • Listing Agent: John A DelPrete
  • Agent Phone: (772) 215-5503

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 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: 1/11/2025, 1:20:53 PM 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

$88.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$52.5K

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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-1908337
5
/10
  • Allamanda Elementary School

  • 10300 Allamanda Dr

  • 2.50 miles

  • Public Magnet Grades PK-5

school-card-donut-1908338
7
/10
  • Palm Beach Gardens Elementary School

  • 10060 Riverside Dr

  • 3.30 miles

  • Public Magnet Grades PK-5

school-card-donut-1908339
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. Typical income of North Palm Beach, FL residents is $200k+ annually. Most families are married, no kids. The majority of 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 $17,500,000.

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 January 08, 2025 and is currently priced at $17,500,000.

In December 2024, from all listings sold in North Palm Beach, FL there were more than 1 sold above asking price, over 11 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in North Palm Beach, FL between November 2024 and December 2024 increased by 10.6%. In December 2024, listings were on the market for 91 days. During the same period, the median list price in this real estate market was $559,333.

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

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