An extraordinary luxury residential and development opportunity in the heart of East Delray Beach's coveted Lake Ida neighborhood. Set on approximately ¾ of an acre, this rare corner parcel offers exceptional flexibility and upside, with the ability to subdivide into two separate lots—an increasingly scarce opportunity in one of Delray's most desirable enclaves.
Whether envisioned as a private estate compound, a luxury multi-home development, or a strategic long-term investment, this property presents unlimited potential in a premier location surrounded by high-end residences and ongoing new construction.
The existing estate includes a single-family residence with a separate, income producing 800 square foot poolside guest cottage with a kitchenette and separate Bedroom, allowing for immediate use or income while planning future development. The main home features hardwood floors and Mexican tile, soaring 9-foot ceilings, French doors that open seamlessly to the pool and patio, three additional spacious bedrooms, three full bathrooms, a powder room, a formal dining room, fireplace, and a two-car air-conditioned garage. Plantation shutters enhance much of the home, blending timeless character with relaxed coastal elegance.
A gracious circular driveway creates a grand sense of arrival while offering abundant parking, ideal for hosting, multi-vehicle households, or future redevelopment needs. Framed by lush, mature landscaping, the property is enveloped by established trees and manicured hedges that provide a natural buffer of privacy and tranquility, enhancing the estate-like setting. This verdant backdrop not only elevates the home's curb appeal but also underscores the property's rare scale and seclusion - an increasingly valuable feature in East Delray Beach - while offering the perfect canvas for a future luxury compound or thoughtfully designed development.
This is a rare chance to secure a substantial parcel in East Delray Beach, offering the flexibility to enjoy today while designing tomorrow. An exceptional opportunity for developers, investors, or end users seeking scale, location, and long-term value in one of Delray Beach's most sought-after neighborhoods.