Summit Lake
Homes for Sale in West Palm Beach, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Summit Lake West Palm Beach in West Palm Beach, FL has 3 homes for sale. Homes listed or recently sold were built 2001–2001; 5 of 5 report an HOA (median $325/mo); none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 18 ft).
Homes For Sale Right Now in Summit Lake
Live MLS inventory for Summit Lake. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 96 daysTop listing
Active · 94 days
Active · 156 days
Pending · 53 daysActive and pending Summit Lake listings as of 2026-09-02, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Summit Lake was built out in a tight window, 2000 to 2002, and that consistency shows up in the housing stock: 134 homes with a median living area of 1,276 square feet, a compact footprint that keeps this community priced for efficiency rather than square footage. With only 3 active listings right now, there is not much to compare against, and any single listing can swing the read on value.
The 18-months-supply figure puts this squarely in buyer-leaning territory, but with a listing count this thin, that number should be read as directional, not precise. A seller here is not competing against a deep pool of alternatives, but a buyer also has very few homes to choose from at any given moment — patience and a pre-qualified offer matter more than urgency.
Summit Lake right now
🟢 Buyer-leaning market. 18.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of July 15, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Summit Lake is a small, single-era community in West Palm Beach built entirely between 2000 and 2002, offering compact, efficiently laid-out homes with a shared set of community amenities rather than a wide range of home sizes or architectural styles.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Summit Lake. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Summit Lake
Summit Lake
Summit LakePhotos from Beaches MLS listings in Summit Lake; content deemed reliable but not guaranteed.
Who Summit Lake is best for.
Best for
- A buyer seeking a smaller, easier-to-maintain home rather than maximum square footage
- A buyer comfortable waiting for the right listing in a low-inventory community
- An investor evaluating a community with a notable share of non-homestead ownership
Probably not for
- A buyer who wants to compare multiple active listings before deciding
- A buyer prioritizing larger living space over a compact footprint
- A buyer expecting fast turnover or a highly competitive resale market
The market around Summit Lake
Summit Lake is too small for its own price trend, so here is the market around it.
Across Palm Beach County, 1,171 homes are active and 476 pending (29% under contract).
ZIP and county figures describe the wider market, not Summit Lake specifically. Momentum Research analysis of MLS records.
Summit Lake on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Life at Summit Lake
- Pool · reported on 5 of 5 listings
- Playground · reported on 4 of 5 listings
- Security Patrol · reported on 2 of 5 listings
- Picnic Area · reported on 1 of 5 listings
- Parking · reported on 1 of 5 listings
- Jogging Path · reported on 1 of 5 listings
Community amenities as reported across Beaches MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Berkshire · Elementary
- Palm Springs Community (Palm Beach) · Middle
- John I. Leonard · High
Zoned schools reflect the assignments reported on recent Summit Lake listings and can change; always confirm with Palm Beach County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Summit Lake address.
Recent Developments in Summit Lake
Development, infrastructure, retail, and school activity affecting Summit Lake, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 4 miles northeast of Summit Lake.
Source: MIAMI REALTORS - July 2026Development
The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach
The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.
What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The project is about 4 miles northeast of Summit Lake, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach
Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.
What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The project is about 6 miles northeast of Summit Lake, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan
Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.
What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 15 miles south of Summit Lake, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 10 miles south of Summit Lake, elsewhere in Palm Beach County.
Source: Florida YIMBY - May 2026Development
25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach
Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.
What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The project is about 5 miles northeast of Summit Lake, elsewhere in Palm Beach County.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Summit Lake buying strategy.
If we were buying in Summit Lake today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Summit Lake.
A tight build window, a thin resale market
Every home in Summit Lake was built within a three-year span, which means the housing stock is unusually uniform in age and construction style compared to communities built across multiple decades. The median living area of 1,276 square feet points to a community of smaller-footprint homes, likely appealing to buyers prioritizing lower maintenance and a smaller property over maximum square footage.
Roughly 36% of homes carry a homestead exemption, which suggests a meaningful share of the community's ownership is non-homestead — investment or secondary ownership. That mix, combined with just 3 active listings against a community of 134 homes, means inventory here turns over slowly and unevenly; a buyer watching this community should expect to wait for the right listing rather than choose from several at once.
The location and the amenities are priced into every listing in Summit Lake. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With active inventory this thin, timing and access matter more than negotiation tactics alone. We track Summit Lake listings as they hit the market and can help you move quickly and with clear terms when one of the few available homes fits, or help a seller price realistically against a buyer-leaning backdrop rather than guessing.
Summit Lake in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Summit Lake buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Summit Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summit Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summit Lake home worth?
Get a no-obligation home value based on real comparable sales in Summit Lake, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Summit Lake on the map →
Recently off market in Summit Lake West Palm Beach
Homes in Summit Lake West Palm Beach that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 841 Summit Lake Drive · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Palm Beach County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Palm Beach County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Summit Lake Market Scorecard
Summit Lake is currently a buyer-leaning market (limited data). About 36.0 months of supply, a median asking price of $319,000, and homes go under contract in about 105 days.
Typical home value in the 33406 ZIP is $430,787, about 8.4% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is Summit Lake a buyer's or seller's market right now?
How many homes are in Summit Lake?
What share of Summit Lake is owner-occupied?
When were the homes in Summit Lake built?
Who is the best real estate agent for Summit Lake?
How do I find a top West Palm Beach real estate agent who knows Summit Lake?
Can Momentum Realty connect me with an agent for Summit Lake?
Should you buy in Summit Lake?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Summit Lake with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: July 15, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
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More West Palm Beach & West Palm Beach & Palm Beach County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of West Palm Beach & Palm Beach County or the full Neighborhood Finder.
See how Summit Lake fits the bigger picture — live prices, inventory, and Momentum Scores: