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Price $11,850,000 USD
Status Active
Bedrooms 5
Full Baths 5
Year Built 1936
Living Area 5,283 sqft
MLS 19-638

1284 N Lake Way
Palm Beach, FL, United States

Description

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. LocationNorth 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.PropertyWith 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.ResidenceFirst 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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Fax: +1 561 394 3700

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