1053 N Lake Way Palm Beach FL 33480

Address
1053 N Lake Way, Palm Beach, FL
Price
$ 26,900,000
Property Attributes
  • MLS#R11158377
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Beach
  • Area5001
  • NeighborhoodCORAL EST
  • Zip33480
  • Style
  • Year Built2016
  • Taxes$ 90376
  • Price$ 26,900,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage6101
  • Lot Size0.36 Acres
Data Source:
Beaches MLS (FL)
Property Description

Welcome to 1053 N Lake Way, a stunning 5 bedroom plus office North End Estate with two structures - main house and guest house - all situated on an oversized lot on the sunny South side of the street. Built new in 2016, this incredible sanctuary was built to the highest quality. The custom residence features a 1,300 bottle wine cellar, library, and stunning architectural finishes throughout. Offering an excellent floor plan, designed by Michael Perry, with three bedrooms plus an office in the main house and a completely separate guest house with 2 bedrooms. Doors in the dining room were sourced originally from the New York City Public Library. The intricately landscaped outdoor spaces boast stunning loggias, bougainvillea accented pool, a bonsai garden, fire pit, and multiple options for al fresco dining. With an immaculate attention to detail, this home is a turn-key gem on an A+ North End street, with Via Marila having both the Laurie Lane alley as a service entrance and Via Marila offering beach access to some of the most desirable beaches in Palm Beach. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Price History
1/27/2026 Listed $26,900,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Sewer Available,Water Available
Possession Close Of Escrow
Roof Concrete,Tile
Appliances Dryer,Dishwasher,Free-Standing Freezer,Microwave,Refrigerator,Washer
Garage Spaces 2
Patio/Porch Features Patio,Balcony
Architectural Style Other
Pool Features Outside Bath Access
Security Features Security System
Construction Materials Block,Stucco
Pets Allowed No Pet Restrictions,Yes
Year Built 2016
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
County Palm Beach
New Construction false
Property Type Residential
Association Amenities None
Attached Garage false
Subdivision Name CORAL EST
Facing Direction North
Garage Y/N true
Full Baths 5
Status Active
City Palm Beach
Senior Community Y/N false
MLS Area 5001
Tax Annual Amount 90376.6
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/1053-N-Lake-Way-Palm-Beach-FL-33480/unbranded
Standard Status Active
Property Sub Type Additional Single Family Residence
PostalCity Palm Beach
Legal Description CORAL ESTATES LT 14 & UNDIV INT IN LTS 1-A & 15-A

Interior Features

Interior Amenities Wet Bar,Breakfast Area,Dual Sinks,Eat-in Kitchen,Kitchen Island,Living/Dining Room,Sitting Area in Primary,Separate Shower,Bar
Flooring Marble
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Hung,Metal
Fireplace Y/N true
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 6

Exterior Features

Exterior Amenities Balcony,Outdoor Living Area
Parking Features Detached,Garage
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 15818
Building Area Total 7033
Lot Dimensions 89.0 ft x 165.0 ft
Lot Size Acres 0.36
Waterfront Y/N false
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

Price
AVG $23.93M
$26.9M
Taxes
AVG $119,542
$90,376
Year Built
AVG 1971
2016

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