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  3. 520 Island Drive Palm Beach, FL - 33480
  • MLS® #: 19-1848
  • 520 Island Drive
  • Palm Beach, FL 33480
  • $45,000,000
  • 6 Beds, 9 Bath, 17,190 SqFt
  • Residential

Post-Construction and Move-in Ready!Newly listed for the first time as move-in and 'Turn-Key' ready, here is your rare chance to experience modern resort-living on the heart of Palm Beach Island... This resort-inspired home in Palm Beach Island's iconic 'Estate Section' puts a contemporary spin on local materiality and architecture to create a luxurious modern holiday home ideally tailored to its beautiful surroundings. This getaway home, designed by award winning Roger Janssen of Dailey Janssen Architects, is named Lago-a-Lago or Lake to Lake, which aptly describes the property's uniqueness of having Intracoastal frontage on both the front and backyards, each equipped with separate docks, the west dock being over 150' in length.Unlike most of the Palm Beach 'Laketrail,' the views across the wide intracoastal anchoring this home are that of the WPB Skyline and Yacht Marina on the west, and Worth Avenue and Everglades Golf Club to the north & east. With a range of covered outdoor spaces and courtyards, pavilions and terraces, and rooftop "Sky Lounges," this hurricane resistant compound, anchored by concrete and steel, offers a variety of outdoor experiences with varying degrees of cover, for a total of 17,190 SF of indoor/outdoor living space, and 13,025 SF of air conditioned living space. There are modern limestone gravel courtyards and other ornamental grasses, agave, and yucca spread throughout the grounds, opposed to cliché Palm Trees. Lots of different cohesive wood slats, ceilings, and veneers, create an environment which has almost a California feel to it, very unique for South Florida! The scale of the almost 1 acre, deep site, allowed for the design to accommodate a resort-inspired layout with separate suites and living spaces in a fragmented arrangement that weaves together indoor and outdoor spaces. The footprint of the home is built around a very large central courtyard, with pocketing Mahogany wood framed glass sliders from Hartman all the way through, creating a ''see-through'' effect, allowing views thru both sides of the home to either the west or east Intracoastal Lake at the same time. Inside, a concept of discovery was implemented into this museum-quality finished resort by DKOR Interiors of Miami. For example, the grandeur of the arrangement was not given away immediately upon entrance, but rather a more intimate foyer with lengthy corridor crafted out of large Italian statuary marble slabs hand picked in Forte Dei Marmi, Italy within a brass inlay pattern. Similarly, throughout the plan, large spaces such as the formal living room and cabaret-styled lounge / bar, are balanced with intimately proportioned living spaces. Despite the large size of the structure and all the different spaces, there are no white walls in the entire home, something very important to the developer and design team. This differentiates 520 Island Dr. from other new construction homes on the market. Every single wall is finished with either designer wall coverings (vinyl, silk, and leather) custom wood veneers, or Italian marbles. The grounds of the home are like your own private resort. There is water everywhere, and not just in the Intracoastal Waterway. The home even has a moat-like feature. It's part of the main swimming pool on the house's east side, with the water pressing right up to the sides of the house. The first-floor master suite was designed so residents or guests can get up in the morning, slide open the bedroom doors and take an immediate pre-breakfast dip in the pool, while the family room bar & loggia appears to be floating. The pool also has an indoor-outdoor fireplace that doubles with the first floor Master Bedroom wing. In the center courtyard, is a "Spool, " or a combination of a Spa & Pool with a waterfall or rain-curtain. While DKOR & Janssen designed the home to mirror that of a 5-star elegant, dressy- modern hotel and entertaining compound, because of the dynamic floorplan, one could occupy the main suite and living areas without being aware of the additional guest rooms, so the grandeur of the arrangement also never loses a sense of intimacy. Contributing the the hotel or resort inspired theme, there are two Master Bedroom Suites, one upstairs - one down, each with dual master baths, and amazing custom "His" & "Her" walk-in closets. The first floor master wing appears to be floating on water like an island, while the second-floor master suite that offers grand design features from the lofted ceiling with recessed LED lighting, to the built-in cabinetry concealing the dressing and bathrooms, to the white marble partition which is the backdrop of a custom-built shagreen covered headboard. With the best brand plumbing fixtures such as Dornbracht and THG, Calcutta Gold slab floors, marble slab side walls, mirrored vanities, gold reveals, and an exquisite back-lit semi-precious Agate shower from Antolini, both master baths are an elegant retreat. Attention to detail is evident throughout the modern, yet timeless, interior. Much of the marbles, quartzite, and onyx were crafted on-site from imported Italian slabs to create the artistic design. Wood, marble, metal, semi-precious agate, and Gemstones are repeated in patterns accented by contouring and lighting. Interior and exterior Recessed LED lighting throughout the home imparts the tranquil and peaceful theme, and creates the perfect ambiance for a magical, come-to-life, evening entertainment mood. Seamless, flush doors and master closets & bathrooms, hidden behind custom built-in millwork, add to the discovery concept. In the modern kitchen adorned with statuary slabs, custom cabinetry showcases the white and grey agate gemstone from the Antolini Italian brand, with gold inlay on the angled island. Additionally, the kitchen is set up as a "Discover Chef's Kitchen" featuring a giant butler pantry hidden by a custom millwork patterned door that blends with the SubZeros and connects to the Dining Room. The Living Room has a custom built wood floor & ceiling, laid in chevron and diamond patterns, with a floating virtual fireplace, crafted out of backlit semiprecious marble, separating the library office, where you will find two Portoro Gold marble bars. A spectacular 500 bottle glass, wood, marble, and brass temperature controlled Wine Cellar is centrally displayed under 1 of 2 sculptural floating staircases. Fully furnished by Interior Marketing Group of New York City, the cabaret-styled "Lounge Room" will surely become a hub of the home. Situated between the moat pool and the central courtyard, the lounge features a beautifully backlit quartzite and onyx indoor/ outdoor bar that extends into the courtyard. While the home is set up as a getaway resort residence, for more full-time occupiers, the cabana and summer kitchen off the pool, designed with wood slat ceiling, purposely detached from the main residence to allow it to potentially double as a live-in quarters if required. There is no shortage of details at Lago-a-Lago! This mantra follows through in the guest bedrooms, containing designer wall coverings and headboard accent walls consisting of leather and custom veneered screens, as well as private, spacious, outdoor rooftop terraces with each bedroom. Every bedroom is equipped with blackout Lutron shades and sheers or drapes, allowing guests the ability to move in and sleep comfortably in the home on night 1, totally turn-key! A most unique area of the home is found on the rooftop - dubbed the Sky Lounge. Featuring a fireplace, built-in seating, artificial golf grass, Sunbrite television & surround sound, huge sundeck, built-in planters, and plenty of relaxation & entertaining space. Among many other over-the-top amenities, are an edgy Theater Room, an Elevator, two laundry rooms, private Gym & Yoga room equipped with steam, therapy tub & sauna, 4 fountain water elements, and 4 attached air-conditioned Garages entered via a paver driveway. The unique minimalist modern, exterior design features the most high end limestone for an impressive and tasteful finish, concrete tile clean roof lines, and Hartman hurricane-impact mahogany windows.

Essential Information

  • MLS® #19-1848
  • Price$45,000,000
  • CAD Dollar$59,498,190
  • UK Pound£35,103,600
  • Euro€40,784,715
  • Bedrooms6
  • Bathrooms9.00
  • Half Baths2
  • Total Square Footage17,190
  • Living Square Footage17,190
  • Year Built2019
  • TypeResidential
  • Sub-TypeResidential
  • StyleTwo Story, Contemporary
  • StatusActive

Community Information

  • Address520 Island Drive
  • SubdivisionEverglades Island
  • CityPalm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33480

Area

03 - South of Worth Ave to Sloans Curve

Amenities

  • Is WaterfrontYes
  • WaterfrontIntracoastal-Direct, Lakefront
  • Has PoolYes

Garages

Attached, Door Opener, Garage, 4 Car, Air Conditioned

Pool

Heated - Gas, Pool, Salt Water, Diving Board, Spa

Interior

  • HeatingMulti Zone Heat
  • CoolingMulti Zone Air

Interior Features

Cable, Ceiling Fan, Fireplace, Smoke Detectors, Sound System, Storage, Wet Bar, Elevator, Wine Rm/Temp-Control, Wndw Trmnts Included

Appliances

Central Vac System, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Oven-Convection, Oven-Double, Range-Electric, Range-Gas, Refrigerator, Refrigerator-Wine, Washer, Jenn-Aire, Trash Compactor, Instant Hot Water, Oven-Single

Exterior

  • RoofCement Tile

Exterior Features

Balcony, Built-in Grill, Fence-Back Wall, Patio/Lanai, Sprinkler System, Seawall/Bulkhead, Cabana, Fence-Front Wall

Windows

Casement, Impact Glass-Full, Sliding, Impact Glass

Construction

Cement Block/Stucco, New Construction

  • Office: William Raveis South Florida

Property Location

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520 Island Drive on www.waterfront-properties.com

Offered at the current list price of $45,000,000, this home for sale at 520 Island Drive features 6 bedrooms and 9 bathrooms. This real estate listing is located in Everglades Island of Palm Beach, FL 33480 and is approximately 17,190 square feet. 520 Island Drive is listed under the MLS ID of 19-1848 and has been on the Palm Beach real estate market for 48 days.

Facts About Palm Beach, FL

The Breakers Resort, one of the world's most famous and opulent resorts, is located in Palm Beach.

Palm Beach is home to the immaculate Bethesda-by-the-Sea. It was created in 1925 and hosts famous celebrity weddings, like Donald Trump’s in 2005.

If you are looking for some of the world's most glamorous and luxurious shopping, then Worth Avenue is a must-see destination when visiting Palm Beach. Worth Ave or 'The Ave,' as Palm Beach locals call it, is home to high-end retailers like Gucci, Tiffany & Co, and Louis Vuitton.

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The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of Palm Beach Board of Realtors Multiple Listing Service. Real estate listings held by brokerage firms other than Waterfront Properties and Club Communities are marked with the listing broker's logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

The broker providing this data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

© 2019 Palm Beach Board of Realtors Multiple Listing Service. All Rights Reserved.

Listing information last updated on November 12th, 2019 at 12:52am EST.