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1450 N Lake Way, Palm Beach, FL 33480 (MLS# RX-10690398)


$45,000,000
1450 N Lake Way
Palm Beach, FL 33480
MLS# RX-10690398
Status: Closed
9 beds  |  9.3 baths  |  10933 sqft


1450 N Lake Way, Palm Beach, FL 33480
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Property 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.

Details
Maps
Contract Information
Listing Date: 2021-02-04
Status: Closed
Original List Price: 45000000
Auction: No
List Price: $45,000,000
Current Price: $39,750,000
List Price/SqFt: 4115.97
Comm/Non-Rep: 2%
Comm/Buyer Agent: 2%
Comm/Trans Brk: 2%
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 4
Total Bedrooms: 9
Main Level Bathrooms: 4
Baths - Full: 9
Baths - Half: 3
Baths - Total: 9.3
Property Condition: Resale
Year Built: 1940
SqFt - Total: 13449
SqFt - Living: 10933
SqFt Source: Tax Rolls
Guest House: Yes
Gated Community: No
Garage Spaces: 3
Covered Spaces: 3
Open Parking Spaces: 8
Year Roof Installed: 2014
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: Go north on N Lake Way to house on left at Onandaga
Subdivision: ESPLANADE ESTATES
Legal Desc: ESPLANADE ESTATES N 8 FT OF LTS 26 & 26-A & LTS 27 & 27-A
Lot SqFt: 30269
Lot Dimensions: 151.0 ft x 210.0 ft
Waterfront: Yes
Waterfrontage: 133
Dock: yes
Front Exp: East
Private Pool: Yes
Pets Allowed: Yes
Pets on Premises: Yes
Total Floors/Stories: 2
Location, Tax & Legal
Area: 5001
Geo Area: PB30
County: Palm Beach
Parcel ID: 50434234070000262
Street #: 1450
Street Dir: N
Street Name: Lake
Street Suffix: Way
State/Province: FL
Zip Code: 33480
Zoning: R-A(ci
Tax Year: 2020
Taxes: 132709
Special Assessment: Yes
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
Multiple Ofrs Acptd: Yes
REO: No
HOPA: No Hopa
Geo Lat: 26.764811
Geo Lon: -80.040956
Office/Member Info
DXORIGMLNO: RX-10690398
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2021-08-23
Sold Date: 2021-09-28
Sold Price: 39750000
Terms of Sale: Cash
Sold Price/SqFt: 3635.78
Private Pool Description
Pool Size (W x L): 36X17
Storm Protection
Panel Shutters: Partial
Roll-Down Shutters: Partial
Impact Glass: Partial
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
Porch/Patio/Balcony: Balcony; Patio
Master Bedroom/Bath: Dual Sinks; Mstr Bdrm - Sitting; Mstr Bdrm - Upstairs; Separate Shower; Separate Tub; Spa Tub & Shower
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
Subdiv. Amenities: None
Maintenance Fee Incl: None
Restrict: None
Flooring: Marble; Tile; Wood Floor
Heating: Central; Electric; Zoned
Cooling: Ceiling Fan; Central; Zoned
Equip/Appl Included: Auto Garage Open; Dishwasher; Disposal; Dryer; Fire Alarm; Freezer; Ice Maker; Intercom; Microwave; Range - Gas; Refrigerator; Storm Shutters; Washer; Water Heater - Elec
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
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.
Room Information
Room Name Length Width Length Level Width
Living Room39.0026.0039.00Main26.00
Kitchen38.0015.0038.00Main15.00
Master Bedroom32.0014.0032.00Upper14.00
Bedroom 220.0015.0020.00Upper15.00
Bedroom 319.0012.0019.00Upper12.00
Bedroom 419.0011.0019.00Upper11.00
Other Room26.0015.0026.00Main15.00
Porch19.0012.0019.00Main12.00
Great Room18.0013.0018.00Main13.00

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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Wednesday 24th of April 2024 04:53 AM