A gated estate next door to Hollywood icon Sylvester Stallone’s home on the far North End of Palm Beach just entered the market at $95 million, among the highest prices ever asked for a property on the Intracoastal Waterway in Palm Beach.
The house at 1460 N. Lake Way, which last sold for $21 million in 2018 , has undergone a “complete overhaul and multi-year reimagination,” according to the sales description that entered the multiple listing service Oct. 4.
With 165 feet of waterfront, the property measures about three-quarters of an acre just south of the point where the land bulges slightly to the west on its approach to the inlet at the tip of the island.
The six-bedroom house was designed with architecture that recalls a West Indies-style plantation house, thanks to its broad lakeside loggia, wide verandas and two-story columns. The house has 15,954 square feet of living space, inside and out.
The estate is the most expensive property being marketed in the “active” listings of the local multiple listing service.