1450 N Lake Way, Palm Beach, FL 33480

$45,000,000
9
BD
12
BA
10,933
SqFt
List Price
$45,000,000
MLS#
RX-10690398
Bedrooms
9
Bathrooms
12
Sq. Ft
10,933
Lot Size
30,269
Subtype
Single Family Detached
County
Palm Beach
Community
Esplanade Estates
Subdivision
Esplanade Estates
Year Built
1940

Property Description

Magical estate compound, 3/4 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.

Additional Information

Dock
yes
Front Exposure
East
Governing Body
None
Hoa
Yes
Pets Allowed
Allowed
Status Label
ACTIVE
Boat Service
Electric Available, Exclusive Use, Hoist/Davit, Lift, Live Aboard, Private Dock, Up to 50 Ft Boat
Construction
Stucco
Cooling
Ceiling Fan, Central, Zoned
Equipment
Auto Garage Open, Dishwasher, Disposal, Dryer, Fire Alarm, Freezer, Ice Maker, Intercom, Microwave, Range - Gas, Refrigerator, Storm Shutters, Washer, Water Heater - Elec
Flooring
Marble, Tile, Wood Floor
Furnished
Unfurnished
Heating
Central, Electric, Zoned
Lot Description
1/2 to < 1 Acre, Public Road
Maintenance Fee Includes
None
Parking
2+ Spaces, Covered, Driveway, Garage - Attached, Garage - Building, Guest
Guest House
2 Bedrooms, Garage, Living Room
Roof
Barrel, Comp Rolled, Manufactured
Rooms
Cabana Bath, Den/Office, Family, Garage Apartment, Laundry-Garage, Laundry-Inside, Util-Garage
Bedroom Description
Dual Sinks, Mstr Bdrm - Sitting, Mstr Bdrm - Upstairs, Separate Shower, Separate Tub, Spa Tub & Shower
Window Treatment
Awning, Double Hung Wood, Hurricane Windows, Impact Glass
Special Information
Sold As-Is, Survey
Taxes
$132,709
View
Intracoastal, Pool
Total Floors
2
Private Pool
Yes
Waterfront
Intracoastal, No Fixed Bridges, Ocean Access, Riprap, Seawall
Stories
2
Maintenance Fee Includes
None
Roofing
Barrel, Comp Rolled, Manufactured
Utility
Cable, Electric, Public Sewer, Public Water, Water Available
Acres
0.694880624426
Price Per Acre
179292088.8
Price Per Sqft
$4,115
Boat Services
Electric Available, Exclusive Use, Hoist/Davit, Lift, Live Aboard, Private Dock, Up to 50 Ft Boat

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Listing courtesy of Bradford P Miller Real Estate.


All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.