$26,900,000
Palm Beach, FL 33480
MLS# B26079810
4 beds | 6 baths | 7033 sqft
1 / 69
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
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-09-23
Status: Active
Original List Price: 26900000
List Price: $26,900,000
Current Price: $26,900,000
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1053
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
City Name: Palm Beach
Municipality Type: Incorporated
Municipal Code: 50
State Or Province: FL
Postal Code: 33480
Postal Code +4: 3251
Postal Zip: 33480
Subdivision Name: CORAL EST
Area: 5001
Geographic Area: PB30
Elementary School: Palm Beach Public
Middle Or Junior School: Conniston Community
High School: Palm Beach Lakes
Special Assessment YN: No
Parcel Number: 50434303180000140
Subdivision Number: 18
Zoning: R-B (city)
Flood Zone: AE,X
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: 1
Building Area Main: 7033
Building Area Source: Other
Living Area Main: 5443
Living Area Source: Other
Adjusted Area Main: 5669
Accessibility Features YN: No
Year Built: 2016
Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Parking Total: 4
Gated Community YN: No
Lot Size Area: 15818
Lot Size Acres: 0.36
Lot Size Dimensions: 89.0 ft x 165.0 ft
Senior Community YN: No
Waterfront YN: 1
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: North
Fireplace YN: No
Pool Private YN: Yes
Furnished: Unfurnished
LP/Assessed Value: 4.35
Financial Information
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 90376.63
Tax Year: 2025
Tax Assessed/SOH Value: 6177269
Tax Legal Description: CORAL ESTATES LT 14 & UNDIV INT IN LTS 1-A & 15-A
Assessor Market Value: 9316905
Entry Information
Entry Location: Entry Level Living Area Y
Leasing Permitted Details
Leasing Permitted YN: Yes
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Pet Details
Pet Fee YN: No
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Upper
Price Calculations
Current Price To SqFt: 4942.12
Status Change Information
Major Change Timestamp: 2026-09-23T21:55:08Z
Major Change Type: New Listing
Status Change Date: 2026-09-23
Originating Details
Originating System Key: 20260921170451577034000000
Originating System ID: M00000170
Property Features
Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen
Exterior Features: Pool Bathroom
Flooring: Marble
Parking Features: Detached Garage; Garage
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Dishwasher; Dryer; Free-Standing Freezer; Microwave; Refrigerator; Washer
Architectural Style: Other
Construction Materials: Block; Stucco
Cooling: Central Air
Heating: Central
Interior Features: Bar; Kitchen Island; Wet Bar
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Concrete; Tile
Security Features: Security System
Sewer: Public Sewer
Structure Type: House
Tax Information: Homestead Exemption
Unit Description: Corner/End Unit
Utilities: Sewer Available; Water Available
Water Access: None
Water Source: Public
Window Features: Double Hung Metal
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered
Patio Details: Patio - Covered
Room Types: Den; Family Room; Great Room; Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Supplements
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.
Room Information
| Room Name | Length | Width | Level |
| Living Room | 22.00 | 14.00 | Main |
| Kitchen | 10.00 | 10.00 | Main |
| Master Bedroom | 17.00 | 15.00 | Upper |
| Family Room | |||
| Great Room | |||
| Den |
Listing Office: Premier Estate Properties Inc.
Last Updated: September - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.