1450 N Lake Way, Palm Beach, FL 33480 (MLS# R10690398)

1450 N Lake Way, Palm Beach, FL 33480

$39,750,000
Property Type: Residential Bedrooms: 9 Baths: 12 Square Footage: 13,449 Lot Size (sq. ft.): 30,056 Status: Closed
Current Price: $39,750,000 List Date: 2/05/2021 Last Modified: 2/25/2026

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# R10690398

Contract Information

Comp Sale YN: No Listing Contract Date: 2021-02-04 Status: Closed Original List Price: 45000000 Sold Price: $39,750,000 Current Price: $39,750,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Multiple Offers Accepted: Yes Special Assessment YN: Yes Street Number: 1450 Street Direction Prefix: N Street Name: Lake Street Suffix: Way State Or Province: FL Postal Code: 33480 Subdivision Name: ESPLANADE ESTATES Area: 5001 Elementary School: Palm Beach Public High School: Palm Beach Lakes Parcel Number: 50434234070000262 Zoning: R-A(ci Directions: Go north on N Lake Way to house on left at Onandaga

General Property Information

Living Area Main: 10933 Lot Size Dimensions: 151.0 ft x 210.0 ft Gated Community YN: No Lot Size Area: 30269 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Year Roof Installed: 2014 Property Sub Type: Single Family Residence Bedrooms Total: 9 Bathrooms Total: 12 Bathrooms Full: 9 Bathrooms Half: 3 Building Area Main: 13449 Building Area Source: Public Records Year Built: 1940 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 0.69 Frontage Length: 133 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 132709 Tax Year: 2020 Tax Legal Description: ESPLANADE ESTATES N 8 FT OF LTS 26 & 26-A & LTS 27 & 27-A

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2021-09-28T20:28:02Z Major Change Type: Status Change Status Change Date: 2021-09-28 Under Contract Date: 2021-08-23 Close Date: 2021-09-28 Close Price: 39750000

Application Fee Details

Application Fee: 0

Amenities

None: 1

Dining Area

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

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Awning(s): 1 Custom Lighting: 1

Flooring

Marble: 1 Wood: 1

Guest House Features

2 Bedrooms: 1 Garage: 1 Living Room: 1

Parking Features

Covered: 1 Garage Door Opener: 1 Guest: 1 Attached Garage: 1 Garage: 1

Parking Information

Open Parking Spaces: 8

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Other Structures

Cabana: 1 Outbuilding: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

Property Survey Available: 1 Sold As-Is: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

Pool: 1

Heating

Central: 1 Electric: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1 Zoned Sprinkler: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Intracoastal: 1

Window Features

Double Hung Wood: 1 Storm Window(s): 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Free-Standing Freezer: 1 Gas Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

Stucco: 1

Interior Features

Cabana Bath: 1 Closet Cabinetry: 1 Entrance Foyer: 1 French Doors: 1 Kitchen Island: 1 Pantry: 1 Walk-In Closet(s): 1

Laundry Features

In Garage: 1 Inside: 1 Laundry Tub: 1

Listing Terms

Cash: 1

Lot Features

Fruit Tree(s): 1

Other Equipment

Intercom: 1

Pool Features

Heated: 1 In Ground: 1

Road Frontage Type

Public Road: 1

Roof

Barrel: 1 Composition: 1 Rolled/Hot Mop: 1 Manufactured: 1

Security Features

Fire Alarm: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Rip Rap: 1 Seawall: 1 No Fixed Bridges: 1

Water Heater Details

Electric Water Heater: 1

Architectural Style

Old Spanish: 1

Boat and Dock Information

Dock: Yes Boat Max Length: 50 Dock Details: yes Boat Dock Accommodates: Up to 50 Ft Boat

Boat and Dock Features

Electric Available: 1 Hoist/Davit: 1 Lift: 1 Live Aboard Permitted: 1 Private Dock: 1 Exclusive Use: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Zoned: 1

Showing Requirements

24 Hour Notice: 1 Alarm System: 1 Call Listing Agent: 1 Call Listing Office: 1 Listing Agent Must Accompany: 1 Occupied: 1 Text Listing Agent: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 4

Master Bedroom/Bath

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

Pets Allowed YN

Yes: 1

Pet Details

Pet Fee: 0

Pool Size Details

Pool Size (WxL): 36X17

Restrictions

No Restrictions: 1

Storm Protection

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

Storm Protection Details

Storm Shutters: 1

Tax Information

City/County: 1 Homestead Exemption: 1

Occupant Details

Owner Occupied: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Balcony: 1 Deck: 1 Patio: 1 Porch: 1

Balcony Details

Balcony - Covered: 1 Balcony - Open: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Porch Details

Porch - Open: 1 Porch - Wrap Around: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 2 Level: Upper Bedroom 3: 1 Bedroom 3 Level: Upper Bedroom 4: 1 Bedroom 4 Level: Upper Den: 1 Family Room: 1 Garage Apartment: 1 Great Room: 1 Great Room Level: Main Kitchen: 1 Kitchen Level: Main Laundry: 1 Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Upper Other: 1 Other Level: Main Utility Room: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 3635.78 Original List Price To Close Price: 1.13

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 20210205223635863512000000 Originating System ID: M00000170

Property Features

Dining Area: Breakfast Area; Eat-In Kitchen; Family/Dining Combination; Florida/Dining Combination; Formal Dining; Kitchen Dining Electric: Three Phase Exterior Features: Awning(s); Custom Lighting Flooring: Marble; Wood Guest House Features: 2 Bedrooms; Garage; Living Room Parking Features: Covered; Garage Door Opener; Guest; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Old Spanish Boat and Dock Features: Electric Available; Hoist/Davit; Lift; Live Aboard Permitted; Private Dock; Exclusive Use Construction Materials: Stucco Cooling: Ceiling Fan(s); Central Air; Zoned Heating: Central; Electric; Zoned Interior Features: Cabana Bath; Closet Cabinetry; Entrance Foyer; French Doors; Kitchen Island; Pantry; Walk-In Closet(s) Laundry Features: In Garage; Inside; Laundry Tub Listing Terms: Cash Lot Features: Fruit Tree(s) Other Equipment: Intercom Other Structures: Cabana; Outbuilding Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: Public Road Roof: Barrel; Composition; Rolled/Hot Mop; Manufactured Security Features: Fire Alarm Sewer: Public Sewer Special Information: Property Survey Available; Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Storm Protection Details: Storm Shutters Tax Information: City/County; Homestead Exemption Utilities: Cable Available; Sewer Available; Water Available View: Pool Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Rip Rap; Seawall; No Fixed Bridges Window Features: Double Hung Wood; Storm Window(s) Showing Requirements: 24 Hour Notice; Alarm System; Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; Occupied; Text Listing Agent; See Remarks Occupant Details: Owner Occupied Outdoor Living Spaces: Balcony; Deck; Patio; Porch Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Covered; Patio - Open Porch Details: Porch - Open; Porch - Wrap Around Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Den; Family Room; Garage Apartment; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Other; Utility Room Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Living Room Length: 39.00 Length: 39.00 Width: 26.00 Width: 26.00 Level: Main Kitchen Length: 38.00 Length: 38.00 Width: 15.00 Width: 15.00 Level: Main Master Bedroom Length: 32.00 Length: 32.00 Width: 14.00 Width: 14.00 Level: Upper Bedroom 2 Length: 20.00 Length: 20.00 Width: 15.00 Width: 15.00 Level: Upper Bedroom 3 Length: 19.00 Length: 19.00 Width: 12.00 Width: 12.00 Level: Upper Bedroom 4 Length: 19.00 Length: 19.00 Width: 11.00 Width: 11.00 Level: Upper Other Length: 26.00 Length: 26.00 Width: 15.00 Width: 15.00 Level: Main Remarks: Dining Room Great Room Length: 18.00 Length: 18.00 Width: 13.00 Width: 13.00 Level: Main Family Room Garage Apartment Laundry Utility Room
Listing Office: Bradford P. Miller RE, Inc.
IDX
Last Updated: February - 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.

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