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$17,500,000

Beds
5
Baths
7.5
sq ft
9,227

1162 Banyan Estates Dr, North Palm Beach, FL 33408

1162 Banyan Estates Dr

North Palm Beach, FL 33408

  • 1 day on market
Welcome to 1162 Banyan Estates Drive nestled within Palm Beach County's exclusive community, Seminole Landing. This exquisite property was built in 2020 with no expense spared. Sitting on just over 1 lush acre, this home boasts 5 bedrooms, 6 full baths and 3 half baths along with an office/gym, movie theater, club room and game room. With no detail missed, every inch of this home is complete with the finest finishes, including venetian plaster walls throughout that creates a timeless design. The chef's kitchen features high-end Subzero/Wolf appliances, quartzite countertop with leathered backsplash, with custom eat-in-kitchen table and cabinetry. The expansive Primary Suite overlooking the back of the property offers 2 tastefully designed marble bathrooms and walk-in closets.

Details

Property type

Single Family Residence

Est. home value

$16,810,004

Lot size

1.08 acres

Price per sq ft

$1,897

Year built

2020

Annual property taxes

$87,394

Monthly HOA fee

$1,156

Price History

01/08/2025
Beaches

Beaches #R11050000

Listed
$17,500,000
-1.55%
12/05/2024
Beaches

Beaches #R11002278

Removed
$17,775,000
10/30/2024
Beaches

Beaches #R11002278

Price change
$17,775,000
-7.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Financial Federal Bank

Loan start date

August 2017

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Building or Construction Loan, 2 year

Seller

David J Hill and Monica K Hill

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/09/2025 at 10:15 AM

Listing updated: 01/09/2025 at 6:55 AM

Listed by: Johnny DelPrete, Douglas Elliman (Jupiter) Phone #: (561) 653-6100

MLS: Beaches #R11050000

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