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1450 N Lake Way

Esplanade Estates / Palm Beach Homes

$39,750,000 USD

$39,750,000

9 Beds | 9 Baths | 10,933 Sqft

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1450 N Lake Way

Esplanade Estates / Palm Beach Homes

$39,750,000

9 Beds | 9 Baths | 10,933 Sqft Disagree?

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ECHO FINE PROPERTIES

1450 N Lake Way Property Highlights

MLS# : 21-216
Listing Type : Residential
Total Area : 13,449 sqft ($3,346/sqft)
Year Built : 1940
Waterfront : Yes

Status : Closed
Living Area : 10,933 sqft ($4,116/sqft)
Subdivision : Esplanade Ests
Garage : Yes (3 spaces)
Days on Market : 1189

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Property Details

Magical estate compound, ¾ acres hidden on the north end with 159 feet of direct intracoastal frontage sitting directly on the water with deep water dock draft of 8.5'. 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.

General Information

Acres: 0.69
Design: Mediterranean, Traditional
Exterior Features: Barbecue, Balcony
Heating: Central, Zoned
Lot Description: Waterfront
Roof: Barrel, Other
Style: Mediterranean, Traditional
Utilities: Cable Available

Cooling: Ceiling Fan(s)

Equipment: Double Oven, Gas Range, Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Microwave, Washer, Dryer

Flooring: Hardwood, Marble, Tile

Interior Features: Sound System, Storage, Wet Bar

Parking: Garage Door Opener, Attached

Security: Smoke Detector(s), Security System

Total Building Sqft: 13,449

Cooling: Ceiling Fan(s)
Equipment: Double Oven, Gas Range, Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Microwave, Washer, Dryer
Flooring: Hardwood, Marble, Tile
Interior Features: Sound System, Storage, Wet Bar
Parking: Garage Door Opener, Attached
Security: Smoke Detector(s), Security System
Total Building Sqft: 13,449

Boating and Water Information

Waterfront: Yes

Fees and Membership

Tax Amount: $132,709

Tax Year: 2020

Tax Year: 2020

Listing Courtesy of Bradford P. Miller Real Estate.

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ABOUT THE COMMUNITY

Esplanade Estates

Esplanade Estates is a pretty collection of unique homes located to the north of Palm Beach Island, stretching across the island with some properties enjoying Ocean or Intracoastal...

Features

No-Fee Community

Boating

Waterfront

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Esplanade Estates Market Stats

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Days on MarketDOM

35Days | 13%

Active InventoryAI

5,066 Homes | 31%

Median Sales PriceMSP

$640,000 | 11%

New ListingsNL

1,777 Homes | 2%

Closed SalesCS

1,226 Homes | -16%

Dollar VolumeDV

$1.5B | 13%

Months of InventoryMOI

4.4 Months | 38%

Pending SalesCS

1,463 Homes | -8%