Homes for Sale in Coral Gables, Brickell, Miami, Miami Beach, Edgewater | Raquel Palmieri - EWM Realty
Address
1053 N Lake Way, Palm Beach, FL
Price
$ 26,900,000
Property Attributes
  • MLS#261241
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityPalm Beach
  • AreaWells Rd & North
  • NeighborhoodCoral Estates
  • Zip33480
  • StyleOther Style
  • Year Built2016
  • Taxes$ 90376
  • Price$ 26,900,000
  • Bedrooms4
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage5443
  • Lot Size0.36 Acres
Data Source:
Palm Beach Board of REALTORS®
Property Description

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 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. 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.

Price History
9/23/2026 Listed $26,900,000

General Features

Living Area 5443
Heating Central Heat
Cooling Central Air
Utilities Cable Available,Sewer
Zoning R-B - Low Density Residential
Security Features Smoke Detectors
Year Built 2016
Property Subtype Single Family Residence
Tax Year 2025
County Palm Beach
Property Type Residential
Total Rooms 2
Status Active
City Palm Beach
MLS Area 01 - Wells Rd & North
Lot Size Square Feet 15818
MLS Area Minor 01 - Wells Rd & North
Standard Status Active
Possession Close Of Escrow
Waterfront Features No - Waterfront
Subdivision Name Coral Estates
Lot Size Units Square Feet
Listing Terms Cash Terms,Conventional Mtg
Other Structures Guesthouse/Cottage,Cabana
Pool Features Pool
Patio/Porch Features Patio/Lanai
Roof Cement Tile
Construction Materials Stucco,Block
Garage Y/N true
Architectural Style Other Style
Garage Spaces 2

Interior Features

Flooring Marble
Air Conditioning Y/N true
Heating Y/N true
Total Baths 6
Interior Amenities Ceiling Fan(s),Fireplace,Storage,Wet Bar,Wine Rm/Temp-Control,Pantry
Window Features Double Hung,Impact Glass

Exterior Features

Exterior Amenities Balcony,Fence-Back Wall,Fence-Front Wall,Impact Doors,Impact Windows
Lot Size Area 15818
Waterfront Y/N false
Building Area Total 7033
Lot Size Acres 0.36
Lot Features 1/4 A - 21,779 SF,Corner Lot
LotDimensionsSource No
Water Source City Water
Parking Features Attached
Lot Dimensions 165 ft

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33480

Price
AVG $27.72M
$26.9M
Taxes
AVG $136,701
$90,376
Year Built
AVG 1972
2016