$26.9 Million North End Palm Beach Estate With Guest House and Resort-Style Grounds
Set on one of the most coveted streets in Palm Beach’s North End, 1053 N Lake Way represents a rare opportunity to own a meticulously crafted estate in a market defined by scarcity and enduring demand. Listed for $26.9 million, this exceptional Palm Beach home for sale blends refined architecture, thoughtful spatial planning, and resort-style outdoor living, all within close reach of the island’s most desirable beaches and amenities.
Built in 2016, the residence spans 6,101 square feet of interior living space on an oversized 0.36-acre lot, a notable distinction in the tightly held Coral Estates enclave. From the moment one arrives, the property conveys a sense of privacy and quiet sophistication, enhanced by lush landscaping and a sun-drenched southern exposure that maximizes natural light throughout the day.
According to listing agent Margit M. Brandt of Premier Estate Properties, the appeal of 1053 N Lake Way lies in its balance of elegance and livability. “This is a home that was designed to be enjoyed year-round,” Brandt told Luxury Houses Magazine, noting that the layout and outdoor spaces were carefully considered to suit both intimate family living and large-scale entertaining.
Architecture Rooted in Craft and Proportion
Designed by architect Michael Perry, the estate reflects a refined Bermuda-style aesthetic, characterized by clean lines, symmetrical proportions, and a seamless flow between indoor and outdoor spaces. The main residence houses three bedrooms and a private office, while a fully separate two-bedroom guest house offers autonomy for visitors, extended family, or staff, an increasingly sought-after feature among buyers seeking flexibility in a home in Palm Beach for sale.
Inside, the interiors reveal a level of craftsmanship that distinguishes the property from more recent speculative builds. Marble flooring runs throughout the living spaces, while expansive impact-glass windows frame views of the landscaped grounds. One of the home’s most distinctive architectural details can be found in the dining room, where doors originally sourced from the New York Public Library introduce a sense of history and character rarely seen in contemporary Palm Beach residences.
“The attention to detail here is exceptional,” Brandt explained to Luxury Houses. “Elements like the library doors were intentionally chosen to give the home a timeless quality rather than something purely trend-driven.”
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A Residence Designed for Entertaining and Retreat
Beyond its architectural pedigree, 1053 N Lake Way was designed with everyday comfort in mind. The main living areas flow effortlessly into one another, anchored by a chef’s kitchen equipped with premium appliances, custom cabinetry, and integrated refrigeration and wine storage. A 1,300-bottle, temperature-controlled wine cellar further elevates the home’s appeal to collectors and entertainers alike, while a private library provides a quieter retreat within the residence.
Outdoor living is central to the Palm Beach lifestyle, and this property delivers on every level. The grounds feature a series of elegant loggias that extend the interior living spaces outward, creating shaded areas ideal for lounging or dining al fresco. A bougainvillea-accented pool, fire pit, and sculpted bonsai garden form the centerpiece of the outdoor environment, offering a tranquil setting that feels worlds away from the bustle of daily life.
Luxury Houses Magazine reached out to the homeowner for additional insight into the vision behind the estate, but no response was received. However, Brandt noted that the residence was created by an owner who placed a strong emphasis on privacy, quality, and long-term value, principles that continue to resonate with today’s Florida buyers.
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A Compelling Market Narrative
The transaction history of 1053 N Lake Way mirrors the broader evolution of Palm Beach real estate over the past three decades. The property last traded in 2014 for $2.4 million, following an earlier listing at $2.6 million in 2013. Records also show a sale in 1996 for $560,000, underscoring the dramatic appreciation seen across the North End as luxury buyers increasingly gravitate toward low-density, high-privacy neighborhoods.
Now offered at $26.9 million, approximately $4,409 per square foot, the estate sits comfortably within the upper tier of North End pricing, where comparable properties frequently command values above $4,000 per square foot depending on lot size, condition, and proximity to beach access. “Inventory in this part of Palm Beach remains extremely limited,” Brandt told Luxury Houses Magazine. “When a turnkey estate like this comes to market, it tends to attract immediate and serious interest.”
The North End Lifestyle
Location remains one of the most powerful drivers of value in Palm Beach home for sale listings, and 1053 N Lake Way benefits from a setting that is both convenient and discreet. The property enjoys access via Via Marila, which offers proximity to some of Palm Beach’s most desirable beaches, while the nearby Laurie Lane alley provides a practical service entrance that preserves the home’s privacy and curb appeal.
Residents of the North End enjoy close proximity to world-class dining, boutique shopping, and cultural institutions, all while maintaining a sense of separation from the more trafficked areas of the island. Worth Avenue’s luxury retailers and restaurants are just minutes away, as are renowned private clubs, golf courses, and waterfront parks. Palm Beach International Airport further enhances the home’s appeal for seasonal residents and international buyers, offering seamless connectivity without compromising tranquility.
SEE MORE: $9.9 Million Architectural Masterpiece Redefining Waterfront Luxury in Fort Lauderdale
A Rare Turnkey Offering
In a market where many high-end properties require extensive renovation or personalization, 1053 N Lake Way stands out as a truly turnkey Palm Beach home for sale. Built less than a decade ago and maintained to exacting standards, the estate allows its next owner to step directly into a fully realized vision of Palm Beach living.
“Buyers today are increasingly focused on quality and longevity,” Brandt said in a recent conversation with Luxury Houses. “This home delivers both, along with the kind of understated luxury that never goes out of style.”
As Palm Beach real estate continues to attract discerning buyers from across the globe, opportunities like this remain rare. With its architectural pedigree, resort-style grounds, and prime North End location, 1053 N Lake Way offers a compelling proposition for those seeking a lasting foothold in one of America’s most prestigious coastal markets. To know more information about this property, view on Zillow listing.
For inquiries or to schedule a private showing, please contact:
Margit M Brandt
561-665-7879
Premier Estate Properties, Inc.
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
More Homes in Florida here:
- $26.9 Million North End Palm Beach Estate With Guest House and Resort-Style Grounds
- $9.9 Million Architectural Masterpiece Redefining Waterfront Luxury in Fort Lauderdale
- Stunning New Garden Estate in Hobe Sound Hits the Market for $5.5 Million
- $6 Million Riverfront Estate in Vero Beach Offers Resort-Style Living and Rare Privacy
