1284 N Lake Way Palm Beach, Florida 33480

Conceived in 1935 by architect Gustav A. Maass, this 2-story, 5-bedroom, 5.2-bath Colonial marries classic architectural design, fine finishes and custom millwork with the ultimate north-end location. In the rear of the residence, beyond the covered loggia, resort-style pool and palm-studded lawn, outside the back gate and across the Lake Trail is a private L-shaped Intracoastal dock for a mega-yacht, complete with electronic lift.

Over the years this residence, now comprising 6,762+/- total square feet, has been re-roofed, air conditioned, acquired a second story with sun terrace, impact windows and doors. Yet its charm has never been compromised. You feel it in the living room with its wood-burning marble fireplace, built-ins and extensive millwork; in the formal dining room with its French door loggia access; in the graceful circular wood staircase leading to an expansive master suite, three guest suites and a sun terrace; and in the chef's island kitchen open to a family room and breakfast area. Unlike so many estates of its day, this one has an intimate feel, artfully combining elegance with ease.  

 

Location

North Lake Way, Palm Beach, Florida. This magnificent north-end property has a back gate opening directly to the Lake Trail and a private Intracoastal dock. It is easily accessible to the boutiques and eateries at mid-town's Royal Poinciana Plaza, as well as the world-class dining and designer shopping in-town along famed Worth Avenue. Award-winning golf and tennis facilities abound at nearby private clubs. Social events occur at The Breakers and Mar-a-Lago, the Flagler Art Museum and Four Arts Gardens. Private banking institutions abound along Royal Palm Way. Private and commercial air service is available at the Palm Beach International Airport, barely 8 miles away.

 

Property                                         

With a front motor court for 8+ cars, this residence is superbly sited on a generous 1/2+/- acre lot gloriously landscaped with topiary trees, manicured lawn, privacy hedges, tropical palms and fruit trees (including mango and banana). Its east-west exposure allows gentle morning living room light, afternoon sun over the pool, and incomparable waterway sunsets viewed from the master suite/sun terrace. Multiple French doors in both the master bedroom and family room open to the 34' x 20' resort-style pool and gardens. The 28' x 17' covered loggia with wood ceiling is ideal for entertaining and dining alfresco. A small thoroughfare on the north side leads to a 2-bay garage and guest apartment.

 

Residence

First Floor: Guests enter this stately Colonial through a beautifully designed foyer with limestone flooring and circular wood staircase. To the left is a living room with oak flooring, wood-burning fireplace, built-ins and extensive millwork. An oak paneled library/office with built-ins and a formal dining room both enjoy oak flooring and French door access to the pool loggia. The dining room is served by a chef's island kitchen with granite counters, extensive cabinetry, a Viking six-burner gas stove with griddle and microwave, Sub-Zero side-by-side built-in refrigerator, and a new Miele dishwasher. The oversized island doubles as a breakfast bar for four. Open to the kitchen, a breakfast area and family room with built-in entertainment center share five sets of French doors opening to the pool deck. Two powder rooms and a laundry room with new oversized LG frontload machines complete the first level.

Second Floor: The secluded master suite is comprised of a foyer, octagonal center hall with three walk-in closets and dressing mirrors; a 26' x 17' master bedroom with oak flooring, glorious waterway views and French door access to a private sun terrace overlooking the pool and Intracoastal; and a sumptuous marble master bath with jetted tub, glass shower, dual sink vanity with make-up area, and separate water closet. Three guest bedrooms with ensuite baths and walk-in closets complete the second level.

Separate Guest Apartment: Located beside the garage, it features a private entrance, tumbled limestone floors, a sitting room and full bath.

Special features include: .48+ acre lot, motor court for 8+ cars, side-load garage, concrete block construction, impact windows and doors, custom millwork and built-ins, all bedrooms with ensuite baths and walk-in closets, wood-burning marble fireplace, separate guest apartment, security system, 34' x 20' heated pool, Lake Trail access, wood dock with electronic lift, direct ocean access.

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List Price
$11,850,000
MLS#
19-638
Property Type
Single Family
Lifestyle
  • Deepwater Inlet
Bedrooms
5
Bathrooms
5 full / 2 half
Total Square Feet
6,762
AC Square Feet
5,283
Year Built
1936
Taxes
$166,809
Tax Year
2018
New Construction
No
Area
Subdivision
Bello Lido
Zip Code
33480
City
Palm Beach
Has HOA/Condo Fee
No
Waterfront
  • ICW-Across Bikepath
Interior
Interior Features
  • Cable
  • Ceiling Fan
  • Fireplace
  • Smoke Detectors
  • Sound System
  • Storage
  • Wet Bar
  • Wndw Trmnts Included
Floor
  • Hardwood
  • Stone/Brick
Pets Allowed
Yes
Exterior
Exterior Features
  • Balcony
  • Fence-Back Wall
  • Impact Doors
  • Impact Windows
  • Patio/Lanai
  • Sprinkler System
Roof Description
  • Cement Tile
Pool
Yes
Lot Dimensions
90
Amenities
Security
  • Security System
Utilities
Heating
  • Central Air
  • Central Heat
Water
  • City Water
  • Sewer
Points Of Interest

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DISCLAIMER: Information provided by the Palm Beach Board of Realtor's Multiple Listing Service. This information was received from third parties and has not been verified, and there are no warrantees expressed or implied. All room dimensions and other measurements are approximate. Prospecting purchasers or lessees should verify all information to their own satisfaction. Not for public distribution: For Palm Beach Board of REALTORS® MLS subscribers only. Copyright Palm Beach Board of REALTORS®, Inc.

DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All prices are either list price, sold price, and/or last asking price. Premier Estate Properties participates in the Multiple Listing Service and IDX, and the properties listed above are not necessarily exclusive to Premier Estate Properties and may be presently listed with other members of the Multiple Listing Service. The transactions representing both buyers and sellers are calculated twice. Premier Estate Properties’ marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. All written and verbal information including that produced by the Sellers or Premier Estate Properties are subject to errors, omissions or changes without notice and should be independently verified by any prospective purchaser of a Property. The Sellers and Premier Estate Properties Inc. expressly disclaim any warranty or representation regarding all information. Prospective Purchasers’ use of any written and verbal information is acknowledgement of this disclaimer and that the prospective purchaser shall perform their own due diligence. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. “No Commissions Paid until Title Passes.” Prospective purchasers shall not rely on this information when entering into a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another agent, please do not consider this a solicitation for the listing. Copyright 2019 Premier Estate Properties Inc. All Rights Reserved.