1117 Waterway Lane
Delray Beach, FL, 33483 $ 5,300,000
Bedrooms4 Baths4.1 Sq 4,096 Monthly Estimate*
$ 32,633
for $5,300,000 with 4 bedrooms and 4 full baths, 1 half bath. This 4,096 square foot home was built in 2027.
Rarely available and exceptionally positioned, this is a truly turnkey opportunity to begin construction on an extraordinary custom coastal residence in one of Delray Beach's most sought-after beachside neighborhoods. Offered is a substantially cleared and prepped 100' x 140' lot with approved building plans and a premier builder already in place, eliminating years of planning, design, and permitting. Thoughtfully designed for single-story living with expansive indoor-outdoor spaces, this offering allows the next owner to step seamlessly into construction while still retaining the freedom to personalize finishes and create a one-of-a-kind retreat just moments from the ocean and Atlantic Avenue. The approved plans envision a beautifully designed single-story home featuring four bedrooms, four full baths, a powder room, private office, and both formal living and family rooms. Soaring lofted, beamed ceilings enhance the sense of volume and light, while the well-considered layout creates distinct yet connected spaces ideal for both everyday living and refined entertaining. At the heart of the home is a chef's kitchen with pantry and oversized island, seamlessly opening to generous outdoor living areas highlighted by a resort-style poolcreating a natural flow between interior comfort and outdoor enjoyment. Every element of the design reflects a thoughtful balance of elegance, functionality, and relaxed coastal living. What makes this opportunity especially compelling is the rare combination of ease and flexibility. All preliminary work has been completed, yet the new owner retains the ability to select finishes and tailor the home to reflect their own visiontransforming an already exceptional plan into a truly personal residence. The property is located on Waterway Lane, a quiet, dead-end street comprised of just ten homes, uniquely nestled between the Intracoastal Waterway and the Atlantic Ocean. This intimate enclave offers exceptional privacy and tranquility while remaining just 1.5 blocks from the beach and four blocks from Atlantic Avenue's celebrated dining, shopping, and cultural offerings. Lost Craft Builders, Delray Beach's premier custom home builder, is poised to bring this residence to life, offering a legacy of superior craftsmanship and timeless quality. Opportunities to build on a cleared lot of this size, on a street this private, with approvals and builder securedwithin Delray's most desirable beachside neighborhoodare extraordinarily rare, making this an exceptional and compelling offering.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Appliances Dryer Dishwasher Free-Standing Freezer Gas Range Refrigerator Washer
Garage Spaces 2
Pool Features Heated In Ground
Construction Materials Block
Pets Allowed No Pet Restrictions Yes
Year Built 2027
Electric 3 Phase
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features None
County Palm Beach
New Construction false
Property Type Residential
Association Amenities None
Attached Garage true
Subdivision Name WATERWAY LN IN
Facing Direction South
Garage Y/N true
Full Baths 4
Status Active
Directions Please refer to GPS.
High School Atlantic
City Delray Beach
Senior Community Y/N false
MLS Area 4140
Elementary School Plumosa School of the Arts K-8
Tax Annual Amount 51480
Property Condition To Be Built
Virtual Tour https://www.propertypanorama.com/1117-Waterway-Lane-Delray-Beach-FL-33483--RX-11155014/unbranded
Standard Status Active
Property Sub Type Additional Single Family Residence
Legal Description WATERWAY LANE SUB LT 3
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InteriorInterior Amenities Cathedral Ceiling(s) High Ceilings Kitchen Island Main Level Primary Pantry Split Bedrooms Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Wood
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 1
Total Bedrooms 4
Main Level Bedrooms 4
Main Level Bathrooms 4
Total Baths 5
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ExteriorParking Features Attached Garage Garage Door Opener
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Building Area Total 5646
Waterfront Y/N false
Covered Spaces 2
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* Excluded FeaturesList ByKathleen Q HutchisonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $32,633
- Monthly Property Taxes
- $4,290
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Delray Beach, FL
Average List Price $1,829,086
Percent of Sale Price 65%
About Delray Beach, FL 66,998 Population
11% Since 2002
$ 55,643 Median Income
46.56 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
4802314 Middle School
Atlantic High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/11/2026 | $5,300,000 | | Listed Price |