550 Skylake Drive West Palm Beach FL 33415 MLS #R11161152

550 Skylake Drive
West Palm Beach, FL, 33415
$1,475,000
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, 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.
Listing Provided Courtesy of 920 Real Inc. at 561-391-4141

Property Details

Price:
$1,475,000
MLS #:
R11161152
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MODEL LAND CO
Neighborhood:
5510
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
Association Amenities
None
Construction Materials
CBS
Exterior Features
Balcony
Parking Features
Attached Garage, Circular Driveway, Covered, Garage, Golf Cart Garage, Guest, Open, RV Access/Parking
Roof
Composition, Shingle
Security Features
Gated – No Guard, Security Lights, Security System, Smoke Detector(s)

Financial

Tax Year
2025
Taxes
$6,452

Map

Community

Subdivisions in West Palm Beach

Market Summary

Current real estate data for Single Family in West Palm Beach as of Feb 28, 2026
1,039
Single Family Listed
105
Avg DOM
537
Avg $ / SqFt
$1,542,135
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 $1,475,000 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 $398. 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 $1,542,135. To schedule a showing of MLS#r11161152 at 550 Skylake Drive in West Palm Beach, FL, contact your Acquire Palm Beach LLC agent at 561-279-3333.

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