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1053 N Lake Way, Palm Beach FL 33480

House For Sale
$26,900,000

BTC: 433.17230274

ETH: 15,986.21263446

132 days
5 bds
5 ba
6,101 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Detached / Parking Garage
Year Built:
2016
Lot:
0.36 Acres
Heating:
Central
Price/sqft:
$4,409
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$10,999,000
$6.1M – $35.4M
Confidence Low
List vs. estimate
$15.9M above estimate
List $26,900,000 · +144.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$4,409
+875.2% vs. city median $452
Based on
5 MLS comparables
+ 10 public-records sales within 0.5 mi
Median actual sale: $15.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$90,376
2025
Pool
Pool Bath
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Free-Standing Freezer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Cooking Island

    • Wet Bar

    • Den/Library/Office

    • Family Room

    • Great Room

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Detached

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 50434303180000140

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $90,376

  • Source details

    • MLS ID: R11158377

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Patio

    • Pool Features: Pool Bath

    • Window Features: Complete Impact Glass / Double Hung Metal

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: Corner Unit / Other

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 6101

    • Water Source: Public

    • Subdivision Name: CORAL EST

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Premier Estate Properties Inc.