luxury
Pool: Heated
Pool: In Ground
Pool: Salt Water

$3,895,000

501 Lake Drive, Delray Beach, FL 33444

Delray Beach, FL, 33444

3 bd · 5 ba · 3,119 sqft

Listed by Premier Estate Properties, Inc

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated Monthly Payment

$24,592/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $3,062,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$20,210/mo
Property tax (after sale) est.
$3,939/mo
Homeowners insurance est.
$443/mo
HOA
$0/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

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.

Your costs (est.)

≈ $24,592/mo

501 Lake Drive, Delray Beach, FL 33444 · Delray Beach

Location

501 Lake Drive, Delray Beach, FL 33444

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995