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1450 N Lake Way, Palm Beach, FL 33480

$39,750,000
Property Type: Residential Bedrooms: 9 Baths: 9.3 Square Footage: 10,933 Status: Closed
Current Price: $39,750,000 Last Modified: 9/28/2021

Description

Magical estate compound, ¾ 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.

Supplements: 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.

More Information MLS# RX-10690398

Contract Information

Auction: No List Price/SqFt: 4115.97 Listing Date: 2021-02-04 Status: Closed Original List Price: 45000000 Sold Price: $39,750,000 Current Price: $39,750,000

General Property Description

Governing Bodies: None Main Level Bedrooms: 4 Main Level Bathrooms: 4 Property Condition: Resale Lot Dimensions: 151.0 ft x 210.0 ft SqFt - Total: 13449 Waterfront: Yes SqFt Source: Tax Rolls Waterfrontage: 133 Guest House: Yes Gated Community: No Covered Spaces: 3 Homeowners Assoc: None Pets Allowed: Yes Pet Fee: 0 Pets on Premises: Yes Front Exp: East HOA/POA/COA (Monthly): 0 Open Parking Spaces: 8 Year Roof Installed: 2014 Application Fee: 0 Association Deposit: No Directions: Go north on N Lake Way to house on left at Onandaga Dock: yes Membership Fee Required: No Private Pool: Yes Type: Single Family Detached Total Bedrooms: 9 Baths - Full: 9 Baths - Half: 3 Baths - Total: 9.3 Year Built: 1940 SqFt - Living: 10933 Garage Spaces: 3 Subdivision: ESPLANADE ESTATES Legal Desc: ESPLANADE ESTATES N 8 FT OF LTS 26 & 26-A & LTS 27 & 27-A Lot SqFt: 30269 Total Floors/Stories: 2

Location, Tax & Legal

Geo Area: PB30 State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2020 Zoning: R-A(ci Short Sale A/U: N/A Short Sale Addendum: No Taxes: 132709 Multiple Ofrs Acptd: Yes Special Assessment: Yes REO: No Area: 5001 County: Palm Beach Parcel ID: 50434234070000262 Street #: 1450 Street Dir: N Street Name: Lake Street Suffix: Way Zip Code: 33480 Geo Lat: 26.764811 Geo Lon: -80.040956

Office/Member Info

DXORIGMLNO: RX-10690398 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Sold Price/SqFt: 3635.78 Under Contract Date: 2021-08-23 Sold Date: 2021-09-28 Sold Price: $39,750,000

Design

Old Spanish: 1

Construction

Stucco: 1

Master Bedroom/Bath

Dual Sinks: 1 Mstr Bdrm - Sitting: 1 Mstr Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1 Spa Tub & Shower: 1

View

Intracoastal: 1 Pool: 1

Rooms

Cabana Bath: 1 Den/Office: 1 Family: 1 Garage Apartment: 1 Laundry-Garage: 1 Laundry-Inside: 1 Util-Garage: 1

Waterfront Details

Intracoastal: 1 No Fixed Bridges: 1 Ocean Access: 1 Riprap: 1 Seawall: 1

Lot Description

1/2 to < 1 Acre: 1 Public Road: 1

Special Info

Sold As-Is: 1 Survey: 1

Equip/Appl Included

Auto Garage Open: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm: 1 Freezer: 1 Ice Maker: 1 Intercom: 1 Microwave: 1 Range - Gas: 1 Refrigerator: 1 Storm Shutters: 1 Washer: 1 Water Heater - Elec: 1

Private Pool Description

Heated: 1 Inground: 1 Pool Size (W x L): 36X17

Cooling

Ceiling Fan: 1 Central: 1 Zoned: 1

Heating

Central: 1 Electric: 1 Zoned: 1

Exterior Features

Auto Sprinkler: 1 Awnings: 1 Cabana: 1 Covered Balcony: 1 Covered Patio: 1 Custom Lighting: 1 Deck: 1 Extra Building: 1 Fruit Tree(s): 1 Open Balcony: 1 Open Patio: 1 Open Porch: 1 Shutters: 1 Wrap Porch: 1 Zoned Sprinkler: 1

Furnished

Unfurnished: 1

Interior Features

Closet Cabinets: 1 Entry Lvl Lvng Area: 1 Fireplace(s): 1 Foyer: 1 French Door: 1 Kitchen Island: 1 Laundry Tub: 1 Pantry: 1 Walk-in Closet: 1

Flooring

Marble: 1 Tile: 1 Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1 Patio: 1

Utilities

Cable: 1 Electric: 1 Public Sewer: 1 Public Water: 1 Water Available: 1

Parking

2+ Spaces: 1 Covered: 1 Driveway: 1 Garage - Attached: 1 Garage - Building: 1 Guest: 1

Restrict

None: 1

Roof

Barrel: 1 Comp Rolled: 1 Manufactured: 1

Subdiv. Amenities

None: 1

Boat Services

Electric Available: 1 Hoist/Davit: 1 Lift: 1 Live Aboard: 1 Private Dock: 1 Up to 50 Ft Boat: 1 Exclusive Use: 1

Maintenance Fee Incl

None: 1

Terms Considered

Cash: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Window Treatments

Awning: 1 Double Hung Wood: 1 Hurricane Windows: 1 Impact Glass: 1

Storm Protection

Panel Shutters: Partial Roll-Down Shutters: Partial Impact Glass: Partial

Dining Area

Breakfast Area: 1 Dining Family: 1 Dining-Florida: 1 Dining/Kitchen: 1 Eat-In Kitchen: 1 Formal: 1

Taxes

City/County: 1 Homestead: 1

Guest House

2 Bedrooms: 1 Garage: 1 Living Room: 1

Contingencies

None: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Property Features

Design: Old Spanish Construction: Stucco View: Intracoastal; Pool Waterfront Details: Intracoastal; No Fixed Bridges; Ocean Access; Riprap; Seawall Private Pool Description: Heated; Inground Lot Description: 1/2 to < 1 Acre; Public Road Exterior Features: Auto Sprinkler; Awnings; Cabana; Covered Balcony; Covered Patio; Custom Lighting; Deck; Extra Building; Fruit Tree(s); Open Balcony; Open Patio; Open Porch; Shutters; Wrap Porch; Zoned Sprinkler Interior Features: Closet Cabinets; Entry Lvl Lvng Area; Fireplace(s); Foyer; French Door; Kitchen Island; Laundry Tub; Pantry; Walk-in Closet Furnished: Unfurnished Rooms: Cabana Bath; Den/Office; Family; Garage Apartment; Laundry-Garage; Laundry-Inside; Util-Garage Parking: 2+ Spaces; Covered; Driveway; Garage - Attached; Garage - Building; Guest Maintenance Fee Incl: None Restrict: None Flooring: Marble; Tile; Wood Floor Heating: Central; Electric; Zoned Cooling: Ceiling Fan; Central; Zoned Dining Area: Breakfast Area; Dining Family; Dining-Florida; Dining/Kitchen; Eat-In Kitchen; Formal Roof: Barrel; Comp Rolled; Manufactured Guest House: 2 Bedrooms; Garage; Living Room Boat Services: Private Dock; Up to 50 Ft Boat; Lift; Hoist/Davit; Electric Available; Live Aboard; Exclusive Use Terms Considered: Cash Utilities: Cable; Electric; Public Sewer; Public Water; Water Available Window Treatments: Awning; Double Hung Wood; Hurricane Windows; Impact Glass Special Info: Sold As-Is; Survey Taxes: City/County; Homestead Possession: At Closing Showing Instructions: Text Listing Agent Contingencies: None

Room Information

Living Room Length: 39.00 Width: 26.00 Length: 39.00 Level: Main Width: 26.00 Kitchen Length: 38.00 Width: 15.00 Length: 38.00 Level: Main Width: 15.00 Master Bedroom Length: 32.00 Width: 14.00 Length: 32.00 Level: Upper Width: 14.00 Bedroom 2 Length: 20.00 Width: 15.00 Length: 20.00 Level: Upper Width: 15.00 Bedroom 3 Length: 19.00 Width: 12.00 Length: 19.00 Level: Upper Width: 12.00 Bedroom 4 Length: 19.00 Width: 11.00 Length: 19.00 Level: Upper Width: 11.00 Other Room Length: 26.00 Width: 15.00 Length: 26.00 Level: Main Width: 15.00 Remarks: Dining Room Porch Length: 19.00 Width: 12.00 Length: 19.00 Level: Main Width: 12.00 Great Room Length: 18.00 Width: 13.00 Length: 18.00 Level: Main Width: 13.00
Listing Office: Bradford P Miller Real Estate
Last Updated: September - 28 - 2021
1450 N Lake Way, Palm Beach, FL 33480- MLS# RX-10690398
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