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 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.
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For sale
$26,900,000
1053 N Lake Way, Palm Beach, FL 33480
4beds
5,443sqft
Single Family Residence, Residential
Built in 2016
0.36 Acres Lot
$-- Zestimate®
$4,942/sqft
$-- HOA
What's special
Gracious loggiasBougainvillea-framed pool areaOversized via marila lotFire pitExquisite architectural finishesSerene bonsai gardenRefined architectural details throughout
- 48 days
- 439
- 32
Zillow last checked:
Listing updated:
Listed by:
MARGIT M BRANDT 561-655-5579,
Premier Estate Properties, Inc.
Source: Palm Beach BOR,MLS#: 26-1241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 255
- Dimensions: 17 x 15
Living room
- Level: First
- Area: 308
- Dimensions: 22 x 14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Wine Refrigerator, Oven
Features
- Wet Bar, Ceiling Fan(s), Wine Rm/Temp-Control, Storage, Pantry
- Flooring: Marble
- Doors: Impact Doors
- Windows: Double Hung, Impact Glass, Impact Windows
- Has fireplace: Yes
- Fireplace features: Fireplace
Interior area
- Total structure area: 7,033
- Total interior livable area: 5,443 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Patio & porch: Patio
- Exterior features: Balcony
- Has private pool: Yes
- Fencing: Back Yard,Front Yard
- Waterfront features: None
Lot
- Size: 0.36 Acres
- Dimensions: 165 ft
- Features: Corner Lot
Details
- Additional structures: Cabana, Guest House
- Parcel number: 50434303180000140
- Zoning: R-B - Low Density Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence, Residential
Materials
- Block, Stucco
- Roof: Tile
Condition
- Year built: 2016
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Coral Estates
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $4,942/sqft
- Tax assessed value: $9,341,860
- Annual tax amount: $90,376
- Date on market: 9/23/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $26,900,000$4,942/sqft |
Source: Palm Beach BOR #26-1241 Report a problem | ||
| 8/8/2026 | Listing removed | $26,900,000$4,942/sqft |
Source: | ||
| 1/22/2026 | Listed for sale | $26,900,000+934.6%$4,942/sqft |
Source: Palm Beach BOR #26-147 Report a problem | ||
| 7/4/2014 | Listing removed | $2,600,000+8.3%$478/sqft |
Source: Brown Harris Stevens #2000000380 Report a problem | ||
| 6/30/2014 | Sold | $2,400,000-7.7%$441/sqft |
Source: Palm Beach BOR #13-2759 Report a problem | ||
| 6/5/2013 | Listed for sale | $2,600,000+364.3%$478/sqft |
Source: Brown Harris Stevens #2000005410 Report a problem | ||
| 12/16/1996 | Sold | $560,000$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $90,376 +2.9% | $6,014,868 +2.9% |
| 2024 | $87,848 +2.1% | $5,845,353 +3% |
| 2023 | $86,005 -0.2% | $5,675,100 +3% |
| 2022 | $86,151 -1.7% | $5,509,806 +3% |
| 2021 | $87,639 -0.2% | $5,349,326 +1.4% |
| 2020 | $87,825 +0.6% | $5,275,469 +2.3% |
| 2019 | $87,322 | $5,156,861 +1.9% |
| 2018 | $87,322 +4.8% | $5,060,708 +34.2% |
| 2017 | $83,297 +29.6% | $3,770,700 +79.6% |
| 2016 | $64,252 +74.7% | $2,099,213 +10% |
| 2015 | $36,781 +35.4% | $1,908,375 +25% |
| 2014 | $27,162 +2.1% | $1,526,741 +1.5% |
| 2013 | $26,606 +0.1% | $1,504,178 +1.7% |
| 2012 | $26,570 -25.4% | $1,479,034 -23.2% |
| 2011 | $35,600 -1% | $1,926,757 0% |
| 2010 | $35,947 -12% | $1,926,837 -14.9% |
| 2009 | $40,829 -8.3% | $2,262,987 -14.8% |
| 2008 | $44,545 +28.2% | $2,657,595 +29.2% |
| 2007 | $34,739 +0.3% | $2,056,374 +9.7% |
| 2006 | $34,622 | $1,874,451 +19.8% |
| 2005 | -- | $1,564,699 +24.7% |
| 2004 | $13,679 +13052.6% | $1,255,033 +22.1% |
| 2003 | $104 -99.5% | $1,027,459 |
| 2002 | $20,787 +48.9% | $1,027,459 +52.9% |
| 2000 | $13,960 -10.3% | $671,808 -10.5% |
| 1999 | $15,560 | $750,978 |
Find assessor info on the county website
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