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Bean Group
Offered at $59,500,000Active
beds
5
baths
8
sq ft
7,057
Built
2025

1265 N Lake Way

Palm Beach, FL 33480

About this home

Brand-new construction on North Lake Way by Wildes Builders and LaBerge & Menard Architects. Featuring 90 feet of waterfront, a new dock, and deeded beach access at the end of Kenlyn Road, this exceptional residence offers luxurious interiors and an idyllic Palm Beach lifestyle. A grand foyer with Jerusalem Gold limestone flooring leads into the spacious living areas. The main floor boasts an open kitchen equipped with Gaggenau and Sub-Zero appliances, Taj Mahal stone countertops, an island with seating, and a breakfast area. This space seamlessly flows into the family room, which opens to a covered outdoor loggia overlooking the large pool. Adjacent to the kitchen is a butler's pantry, also outfitted with Taj Mahal stone countertops, and a private dining room for formal gatherings. The separate living room provides additional space for relaxation or hosting guests. This level also features two powder rooms, a downstairs laundry room, and access to the two-car garage. The home is further enhanced by a whole-house generator for added convenience and security. In addition, this home has a two-car garage with height for car lifts. An elevator or staircase takes you to the second floor, where a beautiful landing area opens to an oversized terrace. The crown jewel of this level is the primary suite, which includes two large walk-in closets and two luxurious bathrooms one with a separate soaking tub and Vanilla Onyx stone finishes, and the other with Grigio Collemandina marble. The primary suite's private terrace faces west, offering breathtaking sunset views over the Intracoastal. This home includes four additional guest bedrooms, each with its own en-suite bathroom. Two are located on the main floor, while the other two are upstairs, one of which features a private terrace. A private office with its own balcony provides a serene retreat for work or relaxation.

Listing last checked: Listing updated:

Listed by Christopher Leavitt · Douglas Elliman · MLS #B26088581

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Details at a glance

Interior4 property facts
Rooms
3
Heating
Central
Cooling
Central Air, Zoned
Flooring
Marble, Wood
Building5 property facts
Style
Single Family Residence
Year built
2025
Garage
2
Parking
4
Roof
Wood
Land & utilities5 property facts
Lot size
0.44 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
R-B(ci
Financial3 property facts
Annual taxes
$323,918
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $59,500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$327,858 / monthAdjust
Principal & interest
$300,864
Property tax
$26,993
Insurance
Not entered
HOA
$0

Listing annual taxes: $323,918. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance 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. Ter

    $59,500,000 · Jan 22, 2025

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