550 Skylake Drive
West Palm Beach, FL, 33415
$1,395,000
4 Beds
4 Baths
3,704 SqFt
3.31 Acres
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MLS #R11161152 image #0
Rare 3.3-acre private oasis and custom home, build 8 more homes, Single home a private retreat, family compound, or long-term investment, this hidden gem delivers space, privacy, and possibilities rarely found in Palm Beach County. A buyer stepped forward on this Estate Home on 3.3 Acres that was listed with an outstanding broker, but no sale for over one year. They secured first place on this remarkable property at a remarkable price. Between the contract and the closing table, things can happen like life events. Our Backup Plan PAYS the second buyer to secure 2nd position, become the backup buyer and be paid for it. 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 oasis ideal 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 land this 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 setting it 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.
Listing Provided Courtesy of 920 Real Inc. at 561-391-4141

Property Details

Price:
$1,395,000
MLS #:
R11161152
Status:
Active Under Contract
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MODEL LAND CO
Listed Date:
Feb 5, 2026
Finished Sq Ft:
3,704
Total Sq Ft:
4,661
Lot Size:
144,184 sqft / 3.31 acres (approx)
Year Built:
1996
OtherPoolModel Land CoPine JogOkeeheeleePalm Beach CentralPets Allowed

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Schools

Elementary School:
Pine Jog
Middle School:
Okeeheelee
High School:
Palm Beach Central

Interior

Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
3 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air, Electric, Zoned
Flooring
Ceramic Tile
Heating
Central, Electric, Heat Strip
Laundry Features
Inside

Exterior

Architectural Style
Other
Construction Materials
CBS
Exterior Features
Balcony
Parking Features
Attached Carport, Attached Garage, Carport, Circular Driveway, Covered, Garage, Guest, Open, RV Access/Parking
Parking Spots
99
Roof
Composition, Shingle
Security Features
Gated – No Guard, Security Lights, Security System, Smoke Detector(s)

Financial

Tax Year
2025
Taxes
$6,452

Map

Community

Market Summary

Current real estate data for Single Family in West Palm Beach as of Mar 13, 2026
1,065
Single Family Listed
104
Avg DOM
537
Avg $ / SqFt
$1,590,220
Avg List Price

Property Summary

    Located in the MODEL LAND CO subdivision, 550 Skylake Drive West Palm Beach FL is a Single Family for sale in West Palm Beach, FL, 33415. It is listed for $1,395,000 and features 4 beds, 4 baths, and has approximately 3,704 square feet of living space, and was originally constructed in 1996. The current price per square foot is $377. The average price per square foot for Single Family listings in West Palm Beach is $537. The average listing price for Single Family in West Palm Beach is $1,590,220. To schedule a showing of MLS#r11161152 at 550 Skylake Drive in West Palm Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.

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