




1053 N Lake Way, Palm Beach, FL, 33480
About This Home
Welcome to 1053 N Lake Way, a stunning 5 bedroom plus office North End Estate with two structures - main house and guest house - all situated on an oversized lot on the sunny South side of the street. Built new in 2016, this incredible sanctuary was built to the highest quality. The custom residence features a 1,300 bottle wine cellar, library, and stunning architectural finishes throughout. Offering an excellent floor plan, designed by Michael Perry, with three bedrooms plus an office in the main house and a completely separate guest house with 2 bedrooms. Doors in the dining room were sourced originally from the New York City Public Library. The intricately landscaped outdoor spaces boast stunning loggias, bougainvillea accented pool, a bonsai garden, fire pit, and multiple options for al fresco dining. With an immaculate attention to detail, this home is a turn-key gem on an A+ North End street, with Via Marila having both the Laurie Lane alley as a service entrance and Via Marila offering beach access to some of the most desirable beaches in Palm Beach. 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 company 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. 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.
Getting Around
Schools
Construction
Condition
- Year built: 2016
Materials
- Roof: Tile
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Bermuda
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Refrigerator,Freezer,Gas Range,Dishwasher,Microwave,Disposal,Washer,Dryer,Wine Refrigerator,Oven
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Wet Bar,Ceiling Fan(s),Wine Rm/Temp-Control,Storage
- Window features: Double Hung,Impact Glass
- Flooring: Marble
- Fireplace features: Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 7,033
- Total interior livable area: 6,101 sqft
Kitchen
- Level: First
- Area: 100
- Dimensions: 10 x 10
Living Room
- Level: First
- Area: 308
- Dimensions: 22 x 14
Property
Details
- Parcel number: 50434303180000140
- Zoning: R-B - Low Density Residential
Features
- Private pool: Yes
- Patio & porch: Patio
- Exterior features: Balcony
- Fencing: Back Yard,Front Yard
- Waterfront features: None
Lot
- Lot size: 0.36 Acres
- Lot size dimensions: 165 ft
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Heat Wave
- Inland Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $136,021 | $1,632,252 |
| Home Insurance * | $7,963 | $95,556 |
| Property Taxes | $32,834 | $394,008 |
| Electricity | $613 | $7,367 |
| Total | $177,431 | $2,129,172 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-22 | Listed for sale | $26,900,000 |
| 2014-06-30 | Sold | $2,400,000 |
| 2013-06-05 | Listed for sale | $2,600,000 |
| 1996-12-16 | Sold | $560,000 |
