1450 N Lake Way, Palm Beach, 33480

Residential - Single Family Detached For Sale in ESPLANADE ESTATES

$45,000,000

9Beds
12Baths
10,933Sqft
.69Acres
3Garages
1940Built
MLS® #: RX-10690398
Active

Magical estate compound, 3/4 acres hidden on the north end with 133 feet of direct intracoastal frontage sitting directly on the water with deep water dock. The property is made up of three separate buildings with a total of 9 bedrooms, all en suite plus 3 half baths. The uniqueness of this property cannot be overstated. Built in the spirit of ''Old Palm Beach'' this house is of a size that is easily manageable and has the feeling of home. The grounds are landscaped in a way that creates a tropical garden. It is truly magical. When you are thinking location, location, location please keep in mind that this house is perfectly located with NO Bike Path in front of the house which means NO strangers walking or riding bikes past your private residence. What a great asset.A reminder also is that the house is not in any airport flight path and when you get on your boat, you are only a few minutes to pass through the Palm Beach inlet and out to the ocean. Upon entering through the beautiful wrought iron door, you can't help your eyes from looking down the path to the main house, through the glass wrought iron front door and out to the glimmering waters of the intracoastal waterway. The water is crystal clear because you are located so close to the Palm Beach inlet which leads directly to the Atlantic. In less than five minutes you can be cruising along the eastern seaboard. The walk from the front entry way and following the path leading down the stunning landscaped path to the main house is truly a walk of serenity. The main house with 4 bedrooms upstairs and water views from every room makes this home truly unique. The views from all downstairs rooms feels like you are sitting on the bow of a ship. Stunning by day, magical by night with the water view lights twinkling across the lake from dusk until dawn. This compound is breathtaking. As you walk out the front door of the house and back up the path you first come upon the venetian fountain which serves as a focal point of the property. When you turn north, you head towards the oversized pool 36'X17' up two steps. The pool shade awning sitting area at the east end of the pool looks west to the pool and over the Bellagio Fountains streaming into the deep blue tile pool. Back to the fountain and walking the path south brings you to the Pool Cabana which can easily service as a Studio guest apartment or a fitness room. Once again returning to the fountain you can walk back west towards the front where you entered and will be at the Guest House which includes two large Master Suites upstairs and downstairs on the north side and on the southside is the oversized 3 car garage, (4 cars if you have your Maserati) and two more guest suites upstairs for a total of 4 large bedrooms. There are so many aspects to this "Estate Compound" which make it so special. There are special rooms and spaces, inside and out where catching your moments of peace and serenity can be found. There are three waterfalls around the property serving as ideal places to reflect. This property has what we all want. A place which we can call all our own. The quietness of the north end can be felt. The fragrance of tropical flowers waft in the air. The breezes from the intracoastal one day will be replaced by the ocean breezes the next. There are three balconies upstairs in the main house. One on the east side and two on the west looking over your magnificent views as boats making their way through the intracoastal gently move by. Well maintained with loving care this spectacular property is waiting for you. As a personal testimony, there are many wonder houses in Palm Beach, but we have never seen one that reveals such understated elegance.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: RX-10690398
Price: $45,000,000
Bedrooms: 9
Bathrooms: 12.00
Full Baths: 9
Half Baths: 3
Square Footage: 10,933
Acres: 0.69
Year Built: 1940
Type: Residential
Sub-Type: Single Family Detached
Style: Old Spanish
Status: Active

Community Information

Address: 1450 N Lake Way
Area: 5420
Subdivision: ESPLANADE ESTATES
City: Palm Beach
County: Palm Beach
State: FL
Zip Code: 33480

Amenities

Amenities: None
Utilities: Cable, 3-Phase Electric, Public Sewer, Public Water, Water Available
Parking: 2+ Spaces, Driveway, Garage - Attached, Guest, Garage - Building, Covered
# of Garages: 3
View: Pool, Intracoastal
Is Waterfront: Yes
Waterfront: Intracoastal, No Fixed Bridges, Seawall, Riprap, Ocean Access
Has Pool: Yes
Pool: Inground, Heated

Interior

Interior Features: Closet Cabinets, Cook Island, Pantry, Walk-in Closet, Fireplace(s), Foyer, French Door, Laundry Tub, Entry Lvl Lvng Area
Appliances: Auto Garage Open, Dishwasher, Dryer, Ice Maker, Microwave, Range - Gas, Refrigerator, Storm Shutters, Washer, Water Heater - Elec, Disposal, Intercom, Freezer, Fire Alarm
Heating: Central, Electric, Zoned
Cooling: Ceiling Fan, Central, Zoned
Fireplace: Yes
# of Stories: 2
Stories: 2.00

Exterior

Exterior Features: Auto Sprinkler, Covered Balcony, Covered Patio, Custom Lighting, Open Balcony, Shutters, Zoned Sprinkler, Fruit Tree(s), Open Patio, Deck, Awnings, Cabana, Extra Building, Open Porch, Wrap Porch
Lot Description: 1/2 to < 1 Acre, Public Road
Windows: Hurricane Windows, Impact Glass, Awning, Double Hung Wood
Roof: Barrel, Manufactured, Comp Rolled
Construction: Frame/Stucco

Additional Information

Zoning: R-A(ci

Listing Details

Listing Office: Bradford P Miller Real Estate

Financials

$/SqFt: $4,116

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Listing information last updated on March 8th, 2021 at 7:46am EST.