1450 N Lake Way, Palm Beach, FL 33480 (MLS# R10690398)
$39,750,000
Palm Beach, FL 33480
MLS# R10690398
Status: Closed
9 beds | 12 baths | 13449 sqft

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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
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
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
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
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
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
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
Ocean Access: 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 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
Status Change Information
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
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 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
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal; Ocean Access; 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
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 | Length | Width | Width | Level | Remarks |
| Living Room | 39.00 | 39.00 | 26.00 | 26.00 | Main | |
| Kitchen | 38.00 | 38.00 | 15.00 | 15.00 | Main | |
| Master Bedroom | 32.00 | 32.00 | 14.00 | 14.00 | Upper | |
| Bedroom 2 | 20.00 | 20.00 | 15.00 | 15.00 | Upper | |
| Bedroom 3 | 19.00 | 19.00 | 12.00 | 12.00 | Upper | |
| Bedroom 4 | 19.00 | 19.00 | 11.00 | 11.00 | Upper | |
| Other | 26.00 | 26.00 | 15.00 | 15.00 | Main | Dining Room |
| Great Room | 18.00 | 18.00 | 13.00 | 13.00 | Main | |
| Family Room | ||||||
| Garage Apartment | ||||||
| Laundry | ||||||
| Utility Room |
Listing Office: Bradford P Miller Real Estate
Last Updated: January - 12 - 2026
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