$35 Million Iconic Waterfront Estate on Everglades Island in Palm Beach

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Positioned along 110 feet of direct Intracoastal frontage, 751 Island Dr represents a rare opportunity to acquire a legacy home in Palm Beach for sale within Everglades Island, one of the town’s most exclusive and tightly held residential enclaves. Priced at $35 million, the estate delivers a combination of waterfront access, architectural restraint, and privacy that continues to define the upper tier of Palm Beach real estate.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

Built in 1988, the single-family residence occupies approximately 0.40 acres and offers 4,651 square feet of interior living space, with five bedrooms and six bathrooms. In a market increasingly shaped by contemporary new construction, properties like 751 Island Dr stand apart for their established presence and enduring relationship with the water.

Everglades Island: A Palm Beach Address Defined by Discretion

Everglades Island has long been prized for its intentional separation from Palm Beach’s more visible residential corridors. With only one point of entry, the island provides a level of seclusion that continues to attract buyers seeking privacy without sacrificing proximity to the town’s cultural and commercial core.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

Everglades Island remains one of the few places in Palm Beach where privacy is truly built into the neighborhood’s design,” listing agent Jim McCann of Premier Estate Properties told Luxury Houses Magazine. “That sense of quiet exclusivity is a major reason why demand here remains consistently strong.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

From 751 Island Dr, residents are minutes from Worth Avenue’s luxury boutiques, the oceanfront beaches along South Ocean Boulevard, and Palm Beach’s most established dining destinations. The Lake Trail, a favorite among residents for walking and cycling, runs just beyond the island, reinforcing the neighborhood’s balance between recreation and refinement.

SEE MORE: A Rare $18.9 Million Waterfront Estate on Hibiscus Island with Private Dock and Skyline Views

Timeless Bermuda Architecture with a Waterfront Focus

Architecturally, 751 Island Dr reflects a Bermuda-style sensibility rooted in symmetry, proportion, and understated elegance. Rather than prioritizing dramatic gestures, the home’s design emphasizes continuity between interior spaces and the surrounding landscape.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

French doors line the principal rooms, opening to covered patios, waterfront loggias, and terraces that frame uninterrupted Intracoastal views. Volume ceilings and carefully scaled interiors create an atmosphere that feels both formal and relaxed, an approach that has long defined classic Palm Beach estates.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

The home was designed to age gracefully,” co-listing agent Christopher Hughes Bode said in a conversation with Luxury Houses. “There’s a reason buyers still gravitate toward these architectural styles, they feel authentic to Palm Beach and remain relevant over time.”

SEE MORE: Exceptional $5.9 Million Palatial Gated Estate with Nearly 3 Acres of Private Land in Parkland

Indoor–Outdoor Living Along the Intracoastal

The waterfront setting is central to daily life at 751 Island Dr. A heated swimming pool sits just beyond the loggia, oriented toward the water and surrounded by mature tropical landscaping that enhances both privacy and visual continuity. The property’s private dock, equipped with a 10,000-pound boat lift, allows for immediate access to the Intracoastal Waterway, an increasingly valuable feature among Palm Beach home for sale.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

Whether used for cruising, watersports, or simply enjoying the movement of boats passing throughout the day, the water becomes an ever-present backdrop rather than a distant view.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

The primary suite, located on the main level, reinforces this connection. The bedroom opens directly onto an awning-covered terrace overlooking the Intracoastal and includes a fireplace, dual walk-in closets, and a marble bathroom featuring double vanities, a soaking tub, and a glass-enclosed shower. The suite functions as a private retreat, separated from guest accommodations while remaining visually linked to the waterfront.

Thoughtful Accommodations for Guests and Staff

Beyond the primary living spaces, the home’s layout accommodates both extended stays and multi-generational living. Guest bedroom suites are positioned to provide privacy and comfort, while a separate second-floor guest apartment includes its own living area, kitchenette, bedroom, and full bathroom.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island
Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

According to McCann, this flexibility is a key consideration for today’s luxury buyers. “Homes at this level need to support different living scenarios,” he told Luxury Houses Magazine. “This property allows owners to host family or staff comfortably without disrupting the main residence“. Additional interior features include a powder room, laundry room, wet bar, and an attached two-car garage, reinforcing the home’s balance between elegance and everyday functionality.

SEE MORE: A $13 Million Peninsula Estate Redefines Waterfront Luxury Living in Jupiter, Florida

Transaction History and Market Context

From a market perspective, 751 Island Dr illustrates the long-term value of waterfront real estate on Everglades Island. Public records indicate the property last sold in 1994 for $2.44 million, a figure that underscores the scale of appreciation achieved over the past three decades as Palm Beach has evolved into a global luxury destination.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

The estate was listed for sale on November 3, 2025, at its current asking price of $34.95 million, equating to approximately $7,515 per square foot. Since coming to market, the property has drawn significant interest, reflecting continued demand for established waterfront homes with direct boating access.

Palm Beach Living Beyond the Property

Location remains one of the defining strengths of this Palm Beach home for sale. Palm Beach International Airport is a short drive away, offering both commercial and private aviation options. High-end services, galleries, and restaurants are concentrated nearby, while cultural institutions such as The Society of the Four Arts and the Norton Museum of Art provide year-round programming.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

In recent years, Palm Beach real estate has benefited from sustained interest among domestic and international buyers seeking stability, lifestyle amenities, and long-term value. Waterfront properties on Everglades Island, in particular, continue to be viewed as generational assets rather than short-term acquisitions.

Waterfront exterior view of 751 Island Dr showcasing a luxury Palm Beach home for sale on Everglades Island

As Bode summarized to Luxury Houses, “This is a property that speaks to buyers who understand Palm Beach. It’s not about trends, it’s about location, privacy, and a relationship with the water that simply can’t be recreated“. To know more about this property, view on Zillow listing.

For inquiries or to schedule a private showing, please contact:

Jim Mccann
561-307-1525
Premier Estate Properties, Inc.

Christopher Hughes Bode
561-356-7803
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*

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