Whole home price

$5,350,000

Whole home listed by Pascal Liguori. Want to co-own this home? Learn how.

Estimated 1/8 ownership

$798,000

Attributes
5 Beds5 Baths5,044 sq ft
Location

1080 Lake Dr, Delray Beach, FL 33444 USA

1080 Lake Dr, Delray Beach, FL 33444 USA

About this home
Luxe Frank Lloyd Wright-inspired estate, on almost an acre with 110+/- feet fronting Lake Ida, offers striking architecture, an incredible setting, and a premier Delray Beach community, which combine to create an unparalleled South Florida lifestyle opportunity. Perfect for water-sports enthusiasts are a boat house and dock, and inviting indoor/outdoor entertaining, two loggias overlook the pool. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements. 1080 Lake Dr. , Delray Beach, Florida: Minutes from the beach and vibrant downtown Delray Beach, the desirable Lake Ida neighborhood, a community studded with mature trees and verdant landscaping, is a peaceful oasis centered on a picturesque lake offering boating and fishing. Close by are two lakefront parks, one home to the Delray Beach Playhouse. In a world of its own, set back on almost an acre off of a private cul-de-sac in the prestigious Lake Ida neighborhood, a brick-paved driveway leads through tropically landscaped grounds to the motor court and three-car garage. In the back, an expansive lawn extends down to 110 +/- feet of Lake Ida waterfrontage, where a boat house and full-service dock make this estate perfect for boating and water-toy enthusiasts. Inviting indoor/outdoor living, an open-air loggia and a screened loggia with a summer kitchen overlook the lake-view heated salt-water pool. Presenting as a tour-de-force reminiscent of Frank Lloyd Wright's unmistakable panache, the façade of this Randall Stofft-designed masterpiece is set off with impressive stacked-stone columns and banks of sliding doors topped with bands of clearstory windows, bathing the interiors with luxuriant ambient sunlight and offering lake and garden views. Under a canopy of banyans and set within lovely landscaping dotted with palm trees, the stunning Contemporary-Mid-Century-style, five-bedroom estate, with 7,353 +/- total square feet, was designed to elicit a light-filled breezy vibe and chic sophisticated sensibility, with details that include high ceilings, terrazzo and new wood flooring, new LED lighting, and a new wine room, complete with its own cooling system and stacked-stone finishes. The foyer, modernistic stairwell, and handsome stacked-stone embellishments provide an impressive entry point to the living room, with a welcoming wood-burning fireplace, and just adjacent are the dining room, bar, and kitchen, finished with contemporary custom-wood cabinets, Dekton counters with a leather finish, tile backsplash, professional-grade appliances, and large island accommodating seating. With a split-bedroom plan for privacy, double doors off the living room lead to the primary bedroom with floor-to-ceiling windows offering lake views. The suite includes two custom-fitted closets and a spa-inspired bathroom. Upstairs, a loft and morning bar access the large lake-view balcony and serve two ensuite guest bedrooms. Off of the dining room, a separate entrance with its own staircase leads up to the guest apartment, comprising a bedroom and an office/bedroom that accesses a sun deck. Other details of note: a new roof was installed in 2020, and full-house generator was installed in 2021. 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 company 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. The listing company's 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. Cooperating brokers are advised that in the event of a Buyer default, no commission will be paid to a cooperating Broker on the Deposits retained by the Seller. No commissions are paid to any cooperating broker until title passes or upon actual commencement of a lease. 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. Copyright 2021 listing company All Rights Reserved...show more
Property Video

How we estimated this 1/8 share price

We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, LLC formation, and finding qualified owners.

Purchase PriceWhole home: $5,350,000$668,750
Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes$43,000
Pacaso Service FeeBuyer aggregation & legal$86,250

Estimated 1/8 Ownership44+ nights per year$798,000

Sign up or sign in to reveal how we estimated this 1/8 share price

Connect with our Crew

We’re excited to tell you more about this home! We'll reach out shortly, or you can choose to contact us at a time that works for you.

Ready to talk now? Call us at +1 650-741-0612

MORE TO CONSIDER

Similar Homes Nearby

Understanding ownership costs

View of Napa Valley from Olive Grove Exterior seating area

Know the bottom line before you buy. No hidden fees, no surprises, no monthly markups.

Listing Agent

Courtesy of - Pascal Liguori, Premier Estate Properties, Inc

Whole home list price: $5,350,000