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Bean Group
Offered at $3,895,000Active
beds
3
baths
5
sq ft
3,119
Built
2027

501 Lake Drive

Delray Beach, FL 33444

About this home

Tucked away in the sought-after Lake Ida neighborhood, this brand-new luxury estate ranch offers unparalleled elegance and modern design. Spanning an open-concept layout with vaulted ceilings in the living and dining areas, the home features 3 spacious bedrooms, a dedicated office, and 4.5 pristine bathrooms. At its heart is a chef's kitchen equipped with a large central island and walk-in pantry, perfect for entertaining. The property will extend into a tranquil backyard retreat, complete with an inviting pool, spa, and professional-grade outdoor kitchen. Offering 2 car garage and golf cart parking. This masterfully crafted residence is expected to be completed in April 2027. Photos are artist renderings and are subject to change. 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.

Listing last checked: Listing updated:

Listed by Jerilyn M Walter, Jaime Smith · Premier Estate Properties, Inc · MLS #B26065970

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Flooring
Tile, Wood
Building5 property facts
Style
Single Family Residence
Year built
2027
Garage
2
Parking
6
Roof
Metal
Land & utilities4 property facts
Lot size
0.22 acres
Water
Public
Sewer
Public Sewer
Zoning
R-1-AA
Financial2 property facts
Annual taxes
$17,274
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $3,895,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$21,135 / monthAdjust
Principal & interest
$19,695
Property tax
$1,440
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $17,274. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Sld

    $1,150,000 · Sold $1,077,996 · Jul 11, 2024

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About 501 Lake Drive

Can I request a private showing?

Request a tour of 501 Lake Drive and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.