Premier Brokers International
1053 N Lake Way, Palm Beach, FL 33480
ActiveBeachesMLS
ActiveMLS® B26079810
$26,900,000

1053 N Lake Way, Palm Beach, FL 33480

Beds
4
Baths
6
Sqft
5,443
Est. payment$160,560/mo
Home type
Single Family Residence
Year built
2016
Lot size
15,682 sqft
Price / sqft
$4,942
HOA
$0/mo
Community
CORAL EST

Property description

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. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing companies expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Listing activity

Days on market
2
Listed
Sep 23, 2026
MLS listing updated
Sep 25, 2026
Feed last checked
1 minute ago

Listed by Margit Brandt LLC · Premier Estate Properties Inc.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
4
Bathrooms
6
Bathrooms (decimal)
5.5
Full bathrooms
5
Half bathrooms
1
Main-level bedrooms
1
Main-level bathrooms
1

Rooms & features

Rooms
6
Interior features
Bar, Kitchen Island, Wet Bar
Flooring
Marble
Appliances
Dishwasher, Dryer, Free-Standing Freezer, Microwave, Refrigerator, Washer
Fireplace
No
Furnished
Unfurnished
Window features
Double Hung Metal

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Carport
No
Parking spaces
4
Covered spaces
2
Parking features
Detached Garage, Garage
Attached garage
No

Exterior

Stories
2
Building area
7,033 sqft
Patio & porch
Patio - Covered, Patio
Exterior features
Balcony, Pool Bathroom
Pool
Yes
Waterfront
None
Waterfront property
Yes

Lot

Lot size
15,682 sqft
Lot size (acres)
0.36 acres
Lot dimensions
89.0 ft x 165.0 ft
Zoning
R-B (city)
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Architectural style
Other
Year built
2016
New construction
No

Materials

Construction
Block, Stucco
Roof
Concrete, Tile
Property condition
Resale
Faces
North
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Sewer Available, Water Available
Community & HOA

Community

Subdivision
CORAL EST
MLS area
5001
MLS subarea
PB30
Security
Security System
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Palm Beach
County
Palm Beach
ZIP code
33480
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26079810
Possession
Close Of Escrow
Original list price
$26,900,000
Parcel number
50434303180000140
Annual property tax
$90,376.63
Tax year
2025
Assessed value
$6,177,269
Tax legal description
CORAL ESTATES LT 14 & UNDIV INT IN LTS 1-A & 15-A
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
5.5
Bathrooms Total Integer
6
Building Area Total
7033
Construction Materials
Block, Stucco
County Or Parish
Palm Beach
Days On Market
2
Direction Faces
North
Elementary School
Palm Beach Public
High School
Palm Beach Lakes
List Price
26900000
Listing Contract Date
2026-09-23
Living Area
5443
Lot Size Acres
0.36
Lot Size Area
15818
Lot Size Dimensions
89.0 ft x 165.0 ft
MLSArea Major
5001
MLSArea Minor
PB30
Main Level Bathrooms
1
Main Level Bedrooms
1
Middle Or Junior School
Conniston Community
Mls Status
Active
On Market Date
2026-09-23
Parking Total
4
Patio And Porch Features
Patio - Covered, Patio
Photos Count
69
Postal Code
33480
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
6
Security Features
Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-09-23T21:55:08Z
Stories Total
2
Subdivision Name
CORAL EST
Tax Assessed Value
6177269
Water Source
Public
Waterfront Features
None
Tax Annual Amount
90376.63
Bathrooms Full
5
Pool Private
Yes
Bedrooms Total
4
Bathrooms Half
1

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 23, 2026ListedBeachesMLS$26,900,000$4,942/sqft

Public tax history

YearProperty taxesAssessment
2025$90,377$6,177,269

Payment calculator

Estimated monthly payment$160,560/moIllustrative estimate, not a loan offer.
Principal & interest
$139,578
Property taxes
$7,531
Insurance
$13,450
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

CORAL EST

Palm Beach · Palm Beach County · 33480

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Palm Beach PublicElementary
—
Conniston CommunityMiddle
—
Palm Beach LakesHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Premier Estate Properties Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.