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Sold for $15,100,000
  • $15,100,000

    1162 Banyan Estates Drive, North Palm Beach, FL 33408

    5beds
    9,227sqft
    Single Family Residence
    Built in 2020
    1.07 Acres Lot
    $14,354,700 Zestimate®
    $1,637/sqft
    $94,999 Estimated rent

    Home value

    $14,354,700

    $12.78M - $16.08M

    $94,999/mo

    Zestimate® history
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    What's special

    A one-of-a-kind masterpiece in prestigious Seminole Landing, this ultra-custom estate blends timeless elegance with modern innovation. Completed in 2020 with an unwavering commitment to quality, the home delivers an unparalleled living experience just minutes from Seminole golf course, other championship golf courses and private beach access. Set on over an acre at the end of a tranquil cul-de-sac, the residence is enveloped by lush tropical landscaping and towering privacy fences that ensure a secure retreat. Approximately 70% of the interior is finished in hand-applied Venetian plaster, a striking complement to the sophisticated Crestron automation system, Sonos audio throughout, and comprehensive Lutron lighting and motorized blinds. Luxury extends into every space, from the grand foyer to the expansive living areas. The chef's kitchen is a showpiece, appointed with Wolf appliances, Sub-Zero refrigeration, dual Bosch dishwashers, a Miele steamer, and an oversized custom island, all seamlessly connected to a walk-in butler's pantry and an area thoughtfully designed for a dramatic wine wall. Nearby, an elegant club room and bar feature dark cabinetry with gold accents, stunning white and black countertops, a Sub-Zero pull-out refrigerator, wine refrigerator, and are pre-plumbed for an additional sink, perfect for entertaining. A dedicated movie theater offers an immersive experience with fully electric reclining chairs, a custom $28,000 twinkle ceiling, and built-in surround speakers. The main level primary suite is a private sanctuary featuring a fireplace opposite the bed, his and her luxurious bathrooms, and boutique-style closets, including a closet with a center island. Upstairs, all bedrooms boast 10-foot ceilings, ensuite baths with stunning showers, and custom walk-in closets, accompanied by an additional loft-style den with double built-in workstations, and a balcony with a negotiable cold plunge and sauna. A secondary laundry room upstairs complements the spacious main laundry on the first floor. Outdoors, the home becomes a resort, featuring an oversized infinity-edge pool and spa, a putting green, half basketball court, and pickleball court, all surrounded by impeccably maintained lawn at golf-course quality. The full summer kitchen is equipped with a Wolf grill and multiple TVs, while marble slab walls add architectural drama. Botanical mosquito misters ensure comfort and safety for children and pets, and two-year-old electric shades provide effortless sun control. Additional highlights include four garage spaces with both attached and detached configurations, an elevator, a whole-house generator, a reverse osmosis water system, comprehensive security with cameras and central station monitoring, and all TVs throughout the home included. On breezy days, the soothing sound of the nearby ocean serves as a gentle reminder of this estate's exceptional coastal location. Situated within Seminole Landing, one of North Palm Beach's most sought-after gated communities with full-time security, private ocean access, and tennis facilities, this property is a rare opportunity to experience South Florida living at its most refined.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elliot S Koolik 561-560-0057,

    Compass Florida LLC,

    Richard Entel 561-990-8566,

    Compass Florida LLC

    Bought with:

    Brooke A. Murphy LLC, 3399869

    Compass Florida LLC

    Source: BeachesMLS,MLS#: R11109338MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 9
    • Full bathrooms: 6
    • 1/2 bathrooms: 3
    • Main level bathrooms: 4
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 483
    • Dimensions: 23 X 21
    Bedroom 2
    • Level: Main
    • Area: 258.72
    • Dimensions: 13.2 X 19.6
    Bedroom 3
    • Level: Upper
    • Area: 201.5
    • Dimensions: 15.5 X 13
    Bedroom 4
    • Area: 245.57
    • Dimensions: 13 X 18.89
    Bedroom 5
    • Area: 223.44
    • Dimensions: 15.2 X 14.7
    Dining room
    • Level: Main
    • Area: 247
    • Dimensions: 13 X 19
    Kitchen
    • Level: Main
    • Area: 190
    • Dimensions: 19 X 10
    Living room
    • Level: Main
    • Area: 190
    • Dimensions: 19 X 10
    Other
    • Description: Exercise Room
    • Level: Upper
    • Area: 429.62
    • Dimensions: 21.6 X 19.89
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Softener, Washer
    • Laundry: Inside
    Features
    • Wet Bar, Built-in Features, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Elevator, Kitchen Island, Custom Mirrors, Multiple En Suite Bathrooms, Pantry, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: French Doors
    • Has fireplace: Yes
    • Fireplace features: Decorative
    Interior area
    • Total structure area: 12,213
    • Total interior livable area: 9,227 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Circular Driveway, Detached, Garage, Garage Door Opener
    • Attached garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Multi/Split,Two
    • Stories: 2
    • Patio & porch: Covered, Patio, Balcony
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Heated, Salt Water, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Pool
    • Waterfront features: None
    Lot
    • Size: 1.07 Acres
    • Features: 1-2 Acres, Sprinklers Automatic
    Details
    • Parcel number: 00434133250000040
    • Zoning: RTS

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Concrete,Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Septic Tank
    • Utilities for property: Cable Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated
    • Security: Security System, Gated with Guard, Gated Community, Security Guard
    • Subdivision: Seminole Landing
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Beach Access, Tennis Court(s)
    • Services included: Common Areas, Security, Trash
    • HOA fee: $1,156 monthly
    Location
    • Region: North Palm Beach

    Financial & listing details

    • Price per square foot: $1,637/sqft
    • Tax assessed value: $6,884,262
    • Annual tax amount: $87,394
    • Date on market: 7/21/2025
    • Cumulative days on market: 257 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/1/2025Sold$15,100,000-5%$1,637/sqft
    Source: BeachesMLS #R11109338 Report a problem
    10/29/2025Pending sale$15,900,000$1,723/sqft
    Source: BeachesMLS #RX-11109338 Report a problem
    7/21/2025Listed for sale$15,900,000-5.9%$1,723/sqft
    Source: BeachesMLS #RX-11109338 Report a problem
    7/1/2025Listing removed$16,900,000$1,832/sqft
    Source: Douglas Elliman #RX-11050000 Report a problem
    3/3/2025Price change$16,900,000-3.4%$1,832/sqft
    Source: BeachesMLS #RX-11050000 Report a problem
    1/8/2025Listed for sale$17,500,000-1.5%$1,897/sqft
    Source: BeachesMLS #RX-11050000 Report a problem
    12/1/2024Listing removed$17,775,000$1,926/sqft
    Source: BeachesMLS #RX-11002278 Report a problem
    10/30/2024Price change$17,775,000-7.2%$1,926/sqft
    Source: BeachesMLS #RX-11002278 Report a problem
    7/8/2024Listed for sale$19,150,000+907.9%$2,075/sqft
    Source: BeachesMLS #RX-11002278 Report a problem
    8/17/2017Sold$1,900,000-2.6%$206/sqft
    Source: Public Record Report a problem
    6/2/2017Pending sale$1,950,000$211/sqft
    Source: Island Time Properties #RX-10337385 Report a problem
    5/25/2017Listed for sale$1,950,000+44.4%$211/sqft
    Source: Island Time Properties #RX-10337385 Report a problem
    4/30/2015Sold$1,350,000-10%$146/sqft
    Source: Palm Beach BOR #13-2288 Report a problem
    1/28/2014Price change$1,500,000-11.8%$163/sqft
    Source: Fite Shavell & Associates #RX-9987256 Report a problem
    6/3/2011Listed for sale$1,700,000$184/sqft
    Source: Fite Shavell & Associates #R3058413 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$89,880 +2.8%$5,511,444 +2.9%
    2024$87,394 +2.1%$5,356,117 +3%
    2023$85,568 +0.4%$5,200,114 +3%
    2022$85,205 -0.1%$5,048,654 +3%
    2021$85,316 +222.5%$4,901,606 +226.8%
    2020$26,453 -9.4%$1,500,000 -8.3%
    2019$29,192 $1,635,000 +6.3%
    2018$29,192 +9.6%$1,538,001 +18%
    2017$26,630 +22.3%$1,303,390 +20%
    2016$21,774 +10.8%$1,086,159
    2015$19,654 -1.5%$1,086,159 +3%
    2014$19,961 -0.4%$1,054,523
    2013$20,036 -1.5%$1,054,523
    2012$20,336 -0.1%$1,054,523 +8%
    2011$20,351 +15.1%$976,821 +10%
    2010$17,677 -6.6%$888,019 -10%
    2009$18,918 -10.2%$986,688 -20.1%
    2008$21,075 +19.4%$1,234,904 +18.2%
    2007$17,646 $1,045,200
    Find assessor info on the county website

    Neighborhood: 33408

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: The Conservatory School at North Palm Beach
    • Middle: Howell L. Watkins
    • High: William T. Dwyer

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $14,354,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $14,354,700