Cypress Lakes market snapshot (as of June 15, 2026): the median sale price is about $322K ($194 per sq ft), with homes averaging 32 days on market and 6.0 months of supply, a buyer-leaning market. Based on 10 recent closings in live BeachesMLS data.
Cypress Lakes is a gated, age-restricted (55-plus) community in West Palm Beach, Palm Beach County, with more than 900 single-family and attached homes, villas, and condos around an 18-hole golf course. It is built out, so every purchase is a resale, with homes ranging from about 800 to 1,800 square feet.
Buyers can choose attached or detached single-family homes, attached villas, or units in multi-unit condo buildings, so the product type is the first thing to pin down. The compact, attainable homes make it one of the more affordable active-adult options in the area.
Amenities are extensive for the price: an 18-hole golf course, a clubhouse, a swimming pool and jacuzzi, a fitness center, a sauna, billiards, a library, a card room, tennis and pickleball courts, shuffleboard, a mini golf course, walking and biking trails, and a hobby workshop, behind round-the-clock manned gatehouses. The HOA includes lawn care, basic cable, and internet, with leasing permitted after two years of ownership.
Diligence is the diligence of an attainable maintenance-supported 55-plus community: confirm the product type and the HOA dues and exactly what they cover, the age and occupancy covenant, the rules and the two-year leasing restriction, the reserves and any assessment (including Florida's condo rules on qualifying condo buildings), and the condition of an older home. Price by product type, condition, and the HOA, not by the community average.