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1450 N Lake Way, Palm Beach FL 33480

House Recently Sold
$39,750,000

BTC: 492.56505576

ETH: 16,562.50000000

Sold on: 2021-09-28
200 days
Waterfront
9 bds
9 ba
10,933 sqft

Overview

Magical estate compound, ¾ 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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Awning / Covered / Guest / Parking Garage
Year Built:
1940
Lot:
0.69 Acres
Heating:
Central / Electric / Zoned
Price/sqft:
$4,116
Cooling:
Ceiling Fan(s) / Central Air / Zoned
HOA:
No Data

Valuation

Recent sales nearby
7 public-records sales within 0.5 mi
Median actual sale: $8.1M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$132,709
2020
Pool
Heated
View
Intracoastal View, Pool
Waterfront
Intracoastal Front, No Fixed Bridges
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Wood

    Heating

    • Central

    • Electric

    • Zoned

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Zoned

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Microwave

    • Gas Range

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Cooking Island

    • Entrance Foyer

    • French Doors

    • Laundry Tub

    • Pantry

    • Walk-In Closet(s)

    • Den/Library/Office

    • Family Room

    • Garage Apartment

    • Great Room

    • Other

    • Utility/Laundry In Garage

    • Utility Room

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 9

    • Bathrooms: 3

    • Full bathrooms: 9

  • Parking

    • 2 Or More Spaces

    • Awning

    • Covered

    • Guest

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Balcony / Fruit Trees / Open Balcony

    Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 50434234070000262

    • Zoning: R-A(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $132,709

  • Source details

    • MLS ID: R10690398

    Other facts

    • Construction Materials: Stucco

    • Laundry Features: Laundry Tub / Laundry Room / In Garage / Utility Room/Laundry

    • Lot Features: 1/2 To Less Than 3/4 Acre Lot

    • Patio And Porch Features: Awning(s) / Open Balcony / Patio

    • Pool Features: Heated

    • Window Features: Partial Impact Glass / Partial Panel Shutters/Awnings / Partial RollDown Shutters / Hurricane Shutters / Awning

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Other / Old Spanish

    • Waterfront: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 10933

    • Water Source: Public

    • Subdivision Name: ESPLANADE ESTATES

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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: Bradford P Miller Real Estate