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1053 N Lake Way, Palm Beach FL 33480

House For Sale
$26,900,000

BTC: 315.72769953

ETH: 10,150.94339623

7 days
Waterfront
4 bds
5 ba
5,443 sqft

Overview

Welcome to 1053 N Lake Way, an exceptional five-bedroom-plus-office North End estate featuring two distinct structures - the main residence and a separate guesthouse--beautifully positioned on an oversized Via Marila lot. Newly built in 2016 to the highest standards of quality and craftsmanship, this extraordinary sanctuary showcases refined architectural details throughout. Thoughtfully designed by Michael Perry, this impeccable residence offers a functional floor plan with three bedrooms and a private office in the main house, plus a fully separated two-bedroom guest house. Distinctive features include a remarkable 1,300-bottle wine cellar, an elegant library, and exquisite architectural finishes. Adding a layer of history and character, the dining room doors were originally sourced from the New York City Public Library before being remodeled with gold finishes. Outside, meticulously landscaped grounds create a private resort-like setting, with gracious loggias, a bougainvillea-framed pool area, a serene bonsai garden, a fire pit, and multiple inviting spaces for al fresco dining and entertaining. Benefitting from both private deeded beach access on Via Marila and Laurian Lane's convenient service road, this immaculate and turn-key property enjoys a rare balance of privacy and accessibility in one of Palm Beach island's best locations. 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 companies 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:
$4,942
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
7 public-records sales within 0.5 mi
Median actual sale: $13.1M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$90,376
2025
Pool
Private
Waterfront
Yes
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: 4

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • 2 Or More Spaces

    • Detached

    • Parking Garage

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: Balcony

    Lot

    • Lot: 0.36 Acres

    Other Property Information

    • Parcel Number: 50434303180000140

    • Zoning: R-B (city)

  • 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: B26079810

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

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

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass / Double Hung Metal

    • Direction Faces: North

    • Other Structures: Livable

    • Architectural Style: Other / Corner Unit

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 5443

    • Water Source: Public

    • Subdivision Name: CORAL EST

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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.