GL Homes Just Bought 192 Acres in Westlake and It's Huge

Published: February 15th, 2026 | Updated: May 13th, 2026

GL Homes is doubling down on western Palm Beach County. The builder just closed the first phase of a 192-acre land acquisition in Westlake for $80 million. The new parcel will become Silver Lake, a planned single-family community with more than 1,000 homes. For buyers priced out of coastal Palm Beach County, this is exactly the kind of inventory expansion worth watching.

Key Takeaways

GL Homes purchased 192 acres from Minto Communities USA for $80 million, with a second phase expected to close next year.
Silver Lake will include more than 1,000 single-family homes across 300+ acres. Phase 1, already approved, covers 294 homes.
Combined with nearly 5,000 acres at the Indian Trails site, GL Homes now controls entitlements for roughly 5,000 homes in western Palm Beach County.

What is Silver Lake, and what will it include?

Silver Lake will include more than 1,000 single-family homes across a combined 300+ acre site. The development sits south of Persimmon Boulevard in the southeastern portion of Westlake.

Phase 1, already approved by the Westlake City Council, covers 294 homes on 40-foot and 50-foot lots with one- and two-story designs. The community will feature water on three sides, a 3,000-square-foot amenities center, pickleball courts, and a signature GL Homes entry with stone columns and a waterfall motif.

GL Homes president Misha Ezratti called it "a natural extension of our presence in Palm Beach County."

This follows GL Homes' 2024 purchase of 120 acres for $29.4 million, which was consolidated through a land swap with Minto to create one contiguous development site. The planning firm Cotleur & Hearing is handling the project.

Why is Westlake attracting so much development?

Westlake spans roughly 3,800 acres and is entitled for up to 4,500 homes and 2 million square feet of commercial space. The city was incorporated in 2016 after Minto Communities secured approval to develop nearly 4,000 acres of former Loxahatchee farmland.

Compared to nearby coastal communities, Westlake is positioned as a more affordable, modern alternative. The median sale price sits around $615,000. Low HOA fees and no CDD (Community Development District) fees keep monthly carrying costs lower for homeowners.

The city includes Adventure Park with a water park, skate park, and basketball courts. Multiple builders are active in the area, including Minto Communities and Kolter Homes, which purchased 270 acres for $52 million in 2019.

Westlake is located approximately 38 minutes from West Palm Beach, providing a suburban setting with access to Wellington and Palm Beach Gardens shopping and dining.

What does GL Homes' expansion mean for the surrounding area?

Beyond Silver Lake, GL Homes controls nearly 5,000 acres at the Indian Trails site, entitled for close to 4,000 additional homes. Combined with projects like Valencia Del Mar in Boynton Beach, Lotus Edge in Boca Raton, and The Estates at NOMAR in West Palm Beach, this cements GL Homes as one of the most active builders in the county.

As Larry Mastropieri explained on the Discover South Florida Podcast, "GL Homes has a ton of territory there, along with a ton of other builders. Between Avenir and Westlake, they're transforming the surrounding market. If you own a home in the Acreage or in Loxahatchee near this Westlake development, this is pretty significant for you."

Larry also noted the opportunity for investors and buyers willing to look west: "If you're an investor or an end user who wants to relocate and you're comfortable with this area, you have to understand it's a bit further out. But if you're good with that, you can buy in the Acreage or in some of these surrounding Loxahatchee neighborhoods. I think they're going to appreciate over time. You're just going to see this whole territory improved dramatically."

Frequently Asked Questions about GL Homes' Silver Lake development in Westlake

How many homes will Silver Lake include?

Silver Lake will include more than 1,000 single-family homes across a combined 300+ acre site. Phase 1, already approved by the Westlake City Council, covers 294 homes on 40-foot and 50-foot lots with one- and two-story designs.

How much did GL Homes pay for the Silver Lake land?

GL Homes purchased 192 acres from Minto Communities USA for $80 million, with seller financing for a second-phase closing next year. This follows a 2024 purchase of 120 acres for $29.4 million, bringing the combined site to over 300 acres.

What is the median home price in Westlake?

The median sale price in Westlake is approximately $615,000, with a median price per square foot of $286. This positions Westlake as a more affordable alternative to coastal Palm Beach County communities where prices often exceed $1 million.

What amenities will Silver Lake offer?

Silver Lake will feature a 3,000-square-foot amenities center, pickleball courts, a guardhouse, bus shelter, and pedestrian pathways. The community will have water on three sides, with a signature GL Homes entry feature featuring stone columns and a waterfall motif.

Does Westlake have CDD fees?

No. Westlake does not have CDD (Community Development District) fees, which is a competitive advantage over many other master-planned communities in Florida. Combined with low HOA fees, this keeps homeowners' monthly carrying costs lower.

Local help for buyers and investors in western Palm Beach County

If you are buying, selling, or investing in Westlake, Loxahatchee, or the surrounding area, understanding how large-scale developments like Silver Lake affect neighborhood values and inventory matters. Whether you are looking at new construction or existing homes in the path of growth, working with someone who tracks these developments can help you make informed decisions. Reach out to The Mastropieri Group, Realtors®.

For practical, hands-on support across Westlake, Wellington, and Palm Beach County, call (561) 556-9853.