550 Skylake Drive, West Palm Beach, FL 33415
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Upcoming open houses
- Sun, Mar 0102:00 pm - 04:00 pm
Listed by: fred defalco, edgardo roman bolanos
Office: 920 real inc.
MLS#:R11161152
Source:RMLS
Price summary
- Price:$1,595,000
- Price per sq. ft.:$342.2
About this home
Rare 3.3-acre private oasis and custom home, build 8 more homes, in Central West Palm Beach, offers exceptional seclusion, flexibility, and opportunity. Tucked away behind mature trees and lush landscaping, the property provides a serene compound-style setting ideal for a large or multi-generational family, those seeking maximum privacy, or buyers needing space for vehicles, equipment, or extended living. The existing residence is ready for use, while the expansive acreage offers potential for future expansion or redevelopment, including multiple homes (subject to approvals). Whether envisioned as a private retreat, family compound, or long-term investment, this hidden gem delivers space, privacy, and possibilities rarely found in Palm Beach County. Rarely does a property offer this level of privacy, acreage, flexibility, and location within Palm Beach County. Situated on approximately 3.3 acres, this unique West Palm Beach estate is tucked away behind mature trees and lush natural landscaping, creating a true private oasisideal for buyers seeking space, seclusion, and long-term versatility.
The setting feels worlds away, yet remains remarkably connected. The property is centrally located with convenient access to I-95, the Florida Turnpike, and Palm Beach International Airport, making daily travel and long-distance connectivity easy and efficient. Downtown West Palm Beach, Palm Beach Island, beaches, dining, and shopping are all within a short drive. Fort Lauderdale and Miami are also easily accessible, offering additional international travel options, business centers, and cultural destinations throughout South Florida.
The existing residence is move-in ready and lends itself well to a compound-style lifestyle, whether for a large family, multi-generational living, or buyers who value space for extended family, guests, or personal pursuits. The expansive acreage provides room for additional structures, outdoor amenities, gardens, recreation, or future expansion, subject to local approvals. For those who simply want landthis property delivers a level of breathing room that is becoming increasingly rare in Palm Beach County.
This property is especially appealing to buyers seeking:
A private family compound
Multi-generational living or shared family ownership
Space for multiple vehicles, equipment, hobbies, or home-based needs
A quiet retreat without sacrificing access to major roads and airports
Long-term land value and flexibility in a high-demand county
For builders or investors, the parcel offers compelling potential. The acreage size and configuration present opportunities for future redevelopment or additional residences, subject to zoning and municipal approvals. Whether held as a personal estate, improved over time, or explored for development potential, the property supports a wide range of visions and timelines.
Palm Beach County continues to attract national and international interest due to its favorable climate, business-friendly environment, cultural amenities, and quality of life. West Palm Beach, in particular, has experienced ongoing growth, infrastructure investment, and demand from both full-time residents and seasonal owners. Properties offering significant acreage within this area are increasingly scarce, making this offering especially notable.
What truly sets this property apart is its intentional seclusion. The surrounding trees, depth of the lot, and setback from surrounding roads create an atmosphere of calm and privacy that is difficult to replicate. This is not a typical neighborhood settingit is a place for buyers who appreciate discretion, independence, and space to live on their own terms.
Whether envisioned as a private retreat, a family legacy property, a multi-home compound, or a future development opportunity, this 3.3-acre estate represents a rare chance to secure land, privacy, and flexibility in one of South Florida's most desirable and accessible regions.
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Home facts
- Year built:1996
- Listing ID #:R11161152
- Added:20 day(s) ago
- Updated:February 26, 2026 at 04:58 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:3
- Half bathrooms:2
- Living area:3,704 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Zoned
- Heating:Central, Electric, Heat Strip
Structure and exterior
- Roof:Composition, Shingle
- Year built:1996
- Building area:3,704 sq. ft.
- Lot area:3.31 Acres
Schools
- High school:Palm Beach Central
- Middle school:Okeeheelee
- Elementary school:Pine Jog
Utilities
- Water:Public, Water Available, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,595,000
- Price per sq. ft.:$342.2
- Tax amount:$6,452 (2025)
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