1117 Waterway LaneDelray Beach, FL 33483Price: $5,300,000

  • Price: $5,300,000
  • Est. Mortgage of $/month
  • 130 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,300,000List Price
  • 4Bedrooms
  • 1Half Baths
  • 4,096Square Feet
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.

Property Details of 1117 Waterway Lane

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Kathleen Q Hutchison of Hutchison Real Estate Co

Beaches MLS All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. 

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