550 Skylake Drive, West Palm Beach, FL

$1,400,000

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4

Beds

5

Baths

3,704

Square feet

3.310

Acres

About 550 Skylake Drive

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.

Features of 550 Skylake Drive

MLS® # R11161152
USD $1,400,000
CAD $1,943,046
CNY 元9,392,880
EUR €1,211,827
GBP £1,037,684
RUB ₽117,780,040
Last Listing Price $1,395,000
Bedrooms 4
Bathrooms 5.00
Full Baths 3
Half Baths 2
Square Footage Owner
Acres 3.31
Year Built 1996
Type Residential
Sub-Type Single Family Residence
Restrictions No Restrictions
Style Other
Status Closed
HOPA No Hopa
Membership Equity No

Community Information

Address 550 Skylake Drive
Area 5510
Subdivision MODEL LAND CO
City West Palm Beach
County Palm Beach
State FL
Zip Code 33415

Amenities

Utilities Water Available
Parking Spaces 99
Parking Attached Carport, Circular Driveway, Covered, Guest, Open, RV Access/Parking, Garage, Carport, Attached Garage
# of Garages 2
View Garden, Pool, Canal
Is Waterfront No
Waterfront None
Has Pool Yes
Pool Gunite, In Ground, Free Form
Pets Allowed Yes, No Restrictions
Security Smoke Detector(s), Security Lights, Security System, Gated - No Guard

Interior

Interior Features Entrance Foyer, Walk-In Closet(s), Bedroom Layout - Split
Appliances Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Heating Central, Electric, Heat Strip
Cooling Central Air, Electric, Zoned
Fireplace Yes
# of Stories 1
Stories Multi/Split
Master Bedroom 2 Master Suites, Master Bdrm - Ground, Master Bdrm - Sitting, Separate Shower, Separate Tub, Spa Tub & Shower, Whirlpool Tub

Exterior

Exterior Features Balcony
Lot Description Fruit Tree(s)
Windows Plantation Shutters
Roof Composition, Shingle
Construction CBS
Front Exposure South

School Information

Elementary Pine Jog
Middle Okeeheelee
High Palm Beach Central

Additional Information

Date Closed April 29th, 2026
Date Listed February 5th, 2026
Days on Market 221
Zoning RS
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 00424402010001140

Listing Details

Office920 Real Inc.

Listing Map

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