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$26,900,000

Listing Price

4beds

5.5baths

5,443sqft

15,817sqft lot

1053 N Lake Way, Palm Beach, FL 33480

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

4942.13

Price / sqft

2016

Year built

Home Details

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,

Interior Details

Square Feet
  • 5443

Bedrooms
  • 4

Bathrooms
  • 5.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Marble

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 15817

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Concrete Block

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Slate

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$87,664

$0

$0

--%

$5,275,469

2019

$87,664

$0

$0

--%

$5,156,861

2018

$83,297

$0

$0

--%

$5,060,708

2017

$64,251

$2,194,631

$1,576,069

--%

$3,770,700

2016

$36,781

$0

$0

--%

$2,099,213

2014

$27,161

$0

$0

--%

$1,526,741

2013

$26,605

$0

$0

--%

$1,504,178

2012

$26,569

$0

$0

--%

$1,479,034

percent-home-icon

Average Home Price in 33480

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Bed

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Sold Date

$16,957,035

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4 Beds

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Sold 10/26/2026

$26,900,000

5 Beds

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Sold 10/27/2026

$34,357,353

7 Beds

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Sold 09/29/2026

$27,107,361

5 Beds

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Sold 09/29/2026

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5 Beds

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Sold 10/26/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
26,900,000
$
Down payment
5,380,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
161,400
$
HOA (Monthly)
0
$
PMI
0
$
$174,129
Your Payment
Total Monthly Payment:$174,129
Percent of Income:2985%
Affordable:No

Details for 1053 N LAKE WAY

Property Debt

Foreclosure Contact Details