1201 Faulkner Terrace, Palm Beach Gardens, FL, 33418
About This Home
Welcome to this spacious single family home located in Alton Neighborhood 1, Palm Beach Gardens. This lakefront residence offers 5 bedrooms, 4.5 bathrooms, and 4,236 square feet of finished living space across two thoughtfully designed levels. The flexible floor plan provides generous space for entertaining, working from home, hosting guests, or enjoying everyday living. A three-car garage offers ample room for vehicles, storage, and recreational equipment, while the home's lakefront setting creates a peaceful backdrop. Ideally located within the established Alton community, the property is within walking distance of a variety of restaurants, shops, and everyday conveniences. With substantial living space, a versatile layout, and a desirable Palm Beach Gardens location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2020
Materials
- Roof: Tile
- Construction materials: Block,Concrete,Stucco
Other
- Builder name: Kolter Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dryer,Dishwasher,Freezer,Gas Cooktop,Disposal,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water Heater,Washer
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Dual Sinks,High Ceilings,Upper Level Primary,Bar,Walk-In Closet(s)
- Window features: Blinds
- Flooring: Engineered Hardwood,Tile
Heating & Cooling
- Heating features: Central,Electric,Zoned
- Cooling features: Central Air,Ceiling Fan(s),Electric,Zoned
Interior Area
- Total structure area: 5,464
- Total interior livable area: 4,236 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 52424126020003490
- Zoning: PCD (city)
- Special condition: Standard,Listed As-Is
Features
- Levels: Two
- Stories: 2
- Pool features: Association
- Patio & porch: Covered,Patio
- Exterior features: Courtyard,Outdoor Living Area,Uncovered Courtyard
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
Lot
- Lot size: 5,201 sqft
- Features: < 1/4 Acre
Parking
- Total spaces: 6
- Parking features: Attached,Driveway,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Heat Wave
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,596 | $103,152 |
| Home Insurance * | $1,215 | $14,580 |
| Property Taxes | $2,412 | $28,944 |
| Electricity | $426 | $5,115 |
| Total | $12,649 | $151,788 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Price change | $1,700,000 |
| 2026-07-24 | Listed for sale | $1,800,000 |
| 2020-12-09 | Sold | $944,300 |
View on Zillow