550 Skylake Dr

4
Beds
32/2
Baths
3,704
SqFt
$378
$/SqFt
Sold - Apr 29, 2026
House
Built in 1996
2 Parking
Canal,Garden,Pool View
Balcony
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.
MLS Number: R11161152
On Site: 224 Days
Updated: 5 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: 2
Exterior and Lot Features
  • Exterior Features: Balcony, OutdoorLivingArea
  • View: Canal,Garden,Pool
Interior, Heating and Cooling
  • Interior Features: Bathtub, DiningArea, SeparateFormalDiningRoom, EntranceFoyer, EatInKitchen, FamilyDiningRoom, JettedTub, KitchenDiningCombo, MainLevelPrimary, MultiplePrimarySuites, SittingAreaInPrimary, SplitBedrooms, SoakingTub, SeparateShower, TubShower, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central, Electric, HeatStrip
  • Cooling Description: CentralAir, Electric, Zoned
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: PlantationShutters
  • Construction Type: House
  • Year Built: 1996
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Elementary School: Pine Jog
  • Middle School: Okeeheelee
  • Senior High School: Palm Beach Central
Other Property Info
  • Garage: 2
  • Listing Date: 2026-02-05T16:32:20.000-00:00
  • Directions: South
  • Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
  • Taxes: 6452
  • Security Information: SecuritySystem, GatedCommunity, SmokeDetectors, SecurityLights
  • Parking Description: AttachedCarport, Attached, CircularDriveway, Covered, Carport, Garage, Guest, Open, RvAccessParking
  • Total Floors in Building: 1

Apples-to-Apples Comparables

 Closest-Match Comparables
See closest-match comps for this subdivision
No obligation
Verified
Trends
Insights
Best of Luxury Realty
Talk to a local advisor
Licensed advisors answering your questions across West Palm Beach, FL
01
Licensed Brokerage
02
Local Advisors
03
Direct Answers
Exclusive real estate service partner

Price History

Current
$1.4M
High
$1.6M
Low
$1.4M
Total Change
-12.2%
$1.6M$1.5M$1.4MFeb 26Feb 26Mar 26Mar 26Apr 26
Date
Event
Price
Change
Price Per
04/29/2026
Sold
$1.4M
0%
$378 ft2
$4,068 m2
03/05/2026
Price Increased
$1.4M
0.36%
$378 ft2
$4,068 m2
03/05/2026
Price Reduced
$1.4M
-5.42%
$377 ft2
$4,054 m2
02/27/2026
Price Reduced
$1.5M
-7.52%
$398 ft2
$4,286 m2
02/18/2026
Listed
$1.6M
 
$431 ft2
$4,635 m2
04/29/2026
$1.4M
Event
Sold
Change
0%
Price Per
$378 ft2
$4,068 m2
03/05/2026
$1.4M
Event
Price Increased
Change
0.36%
Price Per
$378 ft2
$4,068 m2
03/05/2026
$1.4M
Event
Price Reduced
Change
-5.42%
Price Per
$377 ft2
$4,054 m2
02/27/2026
$1.5M
Event
Price Reduced
Change
-7.52%
Price Per
$398 ft2
$4,286 m2
02/18/2026
$1.6M
Event
Listed
Price Per
$431 ft2
$4,635 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Fred DeFalco920 Real Inc. • Buyer Agency Compensation .

Listing Location & Street View
MapStreet View

Peer Listings

Active listings from matched communities
Results 0 of 0
No listings found
Try adjusting your filters or changing your location to see available listings
Turn on listing alerts and we'll notify you
when matching listings appear