Atlantic Luxury Advisors
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69 photos

1053 Lake

Palm Beach, FL 33480

$26,900,000
4
5.5
5,443 sq ft
15,818 sq ft
2016
2 car
Single Family Residence
Yes
Yes
2
Active

Listing courtesy of Premier Estate Properties Inc. (Margit Brandt LLC). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$191,989/mo
Principal and interest
$136,021
Property tax
$39,151
Homeowners insurance
$16,817
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$469,813/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.