Esplanade Estates, 1450 N Lake Way

$45M11.7%
$39,750,000
9
Beds
93/2
Baths
10,933
SqFt
Status
Sold - Sep 28, 2021
Parking
3
Size
10,933 SqFt (1,016 m2)
Price
$3,636/SqFt ($39,136/m2)
Type
House
Built
1940
MLS Number
R10690398
View
Intercoastal,Pool
On Site
2046 Days
Updated
72 Days ago
Page Views
0
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. 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.

Features

Bedrooms
  • Bedrooms: 9
Bathrooms
  • Bathrooms: 9
  • Half Bathrooms: 3
Exterior and Lot Features
  • Exterior Features: Awnings, Balcony, Lighting, OutdoorLivingArea
  • View: Intercoastal,Pool
Interior, Heating and Cooling
  • Interior Features: BreakfastArea, Bathtub, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, EntranceFoyer, EatInKitchen, FamilyDiningRoom, KitchenIsland, KitchenDiningCombo, Pantry, SittingAreaInPrimary, SoakingTub, SeparateShower, TubShower, UpperLevelPrimary, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricWaterHeater, FreeStandingFreezer, Disposal, GasRange, IceMaker, Microwave, Refrigerator, WaterHeater, Washer
  • Heating Description: Central, Electric, Zoned
  • Cooling Description: CentralAir, CeilingFans, Zoned
Building and Construction
  • Floor Description: Marble,Wood
  • Windows/Treatment: StormWindows
  • Year Built: 1940
  • Style: SpanishMediterranean
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Palm Beach Public
  • Senior High School: Palm Beach Lakes
Other Property Info
  • Garage: 3
  • Listing Date: 2021-02-05T18:55:48.000-00:00
  • Directions: East
  • Pets Allowed: Yes
Taxes, Fees & More
  • Taxes: 132709
  • Security Information: FireAlarm
  • Parking Description: Attached, Covered, Garage, GarageDoorOpener, Guest
  • Total Floors in Building: 2

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Price History

Current
$39.8M
High
$45M
Low
$39.8M
Total Change
-11.7%
$45.6M$42.4M$39.1MAug 22Sep 21
Date
Event
Price
Change
Price Per
09/27/2021
Sold
$39.8M
-11.67%
$3,636 ft2
$39,136 m2
08/05/2022
Listed
$45M
 
$4,116 ft2
$44,304 m2
09/27/2021
$39.8M
Event
Sold
Change
-11.67%
Price Per
$3,636 ft2
$39,136 m2
08/05/2022
$45M
Event
Listed
Price Per
$4,116 ft2
$44,304 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Bradford MillerBradford P Miller Real Estate • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
5

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
34

100
Sound Score®
Bearable noise
78

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
30

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
7 – 7 BR
Bedrooms
$48M – $48M
Price Tier
2,043 - 10,933
SqFt Range
1967
Year Build
2
Total Floors

Subdivision Amenities

Beach Access
Beach Rights
None
Sidewalks

Palm Beach
Ultra Luxury
Ultra Luxury Homes & Condos