550 Skylake Drive, West Palm Beach, FL 33415

$1,400,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 4,661 Status: Closed
Current Price: $1,400,000 List Date: 2/05/2026 Last Modified: 8/17/2026

Overview

Description

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.

Supplements: 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. ...

Listing Details MLS# R11161152

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
5
Bathrooms Full
3
Bathrooms Half
2
Building Area Main
4661
Building Area Source
Public Records
Living Area Main
3704
Living Area Source
Owner
Accessibility Features YN
No
Year Built
1996
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Carport YN
Yes
Attached Carport YN
Yes
Carport Spaces
4
Covered Spaces
6
Parking Total
99
Gated Community YN
No
Lot Size Area
144114
Lot Size Acres
3.31
Lot Size Dimensions
3.31
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
South
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Eat-In Kitchen; Family/Dining Combination; Formal Dining; Kitchen Dining Electric: Three Phase Flooring: Ceramic Tile Parking Features: Circular Driveway; Covered; Guest; Open; RV Access/Parking; Attached Carport; Attached Garage; Carport; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Architectural Style: Other Construction Materials: CBS Cooling: Central Air; Zoned Fencing: Fenced Heating: Central; Electric; Heat Strip Interior Features: Bedroom Layout - Split; Entrance Foyer; Walk-In Closet(s) Laundry Features: Inside Levels: Multi/Split Listing Terms: Cash; Contract; Owner Will Carry Lot Features: Fruit Tree(s) Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Free Form; Gunite; In Ground Possession: Negotiable; Other Restrictions: No Restrictions Roof: Composition; Shingle Security Features: Gated - No Guard; Security Lights; Security System; Smoke Detector(s) Sewer: Septic Tank Sprinkler Description: Auto Sprinkler; Well Sprinkler; Zoned Sprinkler Storm Protection Details: Generator Hookup Structure Type: House Tax Information: Homestead Exemption Utilities: Water Available View: Garden; Pool Water Access: None Water Source: Public; Well Water View: Canal Window Features: Plantation Shutters Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: 3rd Party Approval; Appraisal; Backup Contract/Call LA; Close of Other Property; Financing; Other Room Types: Den; Kitchen; Laundry; Living Room; Master Bedroom; Other Acreage Description: 3 To Less Than 4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1595000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
550
Street Name
Skylake
Street Suffix
Drive
City Name
West Palm Beach
State Or Province
FL
Postal Code
33415
Postal Zip
33415
Subdivision Name
MODEL LAND CO
Area
5510
Elementary School
Pine Jog
Middle Or Junior School
Okeeheelee
High School
Palm Beach Central
Special Assessment YN
Yes
Parcel Number
00424402010001140
Zoning
RS

Financial Information

Master Association YN
No
Membership Fee Required YN
No
Tax Annual Amount
6452
Tax Year
2025
Tax Legal Description
MODEL LAND CO SUB N 10 FT OF W 1/2 OF TR 47 (LESS E 175 FT) & W 1/2 OF TR 48 (LESS E 199.66 FT & N 20 FT L-6 CNL R/W)

Status Change Information

Major Change Timestamp
2026-05-01T06:40:52Z
Major Change Type
Status Change
Price Change Timestamp
2026-03-05T13:17:36Z
Status Change Date
2026-05-01
Under Contract Date
2026-03-11
Close Date
2026-04-29
Close Price
1400000
Buyer Financing
Conventional

More Information

Parking Information

Open Parking Spaces
99

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
3
Main Level Bedrooms
3

Pet Details

Pet Fee YN
No

Qualifying Requirements

Minimum Credit Score YN
No

Storm Protection

Accordian Shutters
Complete

Buyer Details

Country of Origin
United States

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Other Level
Second

Price Calculations

Current Price To SqFt
299.29

Originating Details

Originating System Key
20260205204813021109000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level Remarks
Living Room 27.00 17.00 Main
Kitchen 17.00 15.00 Main
Master Bedroom 22.00 16.00 Main
Master Bedroom 16.00 16.00 Main
Other 22.00 36.00 Second Apartment Upstairs
Laundry
Den
IDX
Listing Office: 920 Real Inc.
Source MLS Verified
Last Updated: August - 17 - 2026
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