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.
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.
Listing Provided Courtesy of Hutchison Real Estate Co
Property Details
Price:
$5,300,000
MLS #:
R11155014
Status:
Active
Beds:
4
Baths:
4.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WATERWAY LN IN
Neighborhood:
4140
Listed Date:
Jan 16, 2026
Finished Sq Ft:
4,096
Total Sq Ft:
5,646
Year Built:
See this Listing
Schools
Interior
Appliances
Dishwasher, Dryer, Free-Standing Freezer, Gas Range, Refrigerator, Washer
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Wood
Heating
Central
Exterior
Association Amenities
None
Construction Materials
CBS
Parking Features
Attached Garage, Garage, Garage Door Opener
Financial
Tax Year
2025
Taxes
$51,480
Map
Community
- Address1117 Waterway Lane Delray Beach FL
- SubdivisionWATERWAY LN IN
- CityDelray Beach
- CountyPalm Beach
- Zip Code33483
Market Summary
Current real estate data for Single Family in Delray Beach as of Jan 27, 2026
592
Single Family Listed
47
Avg DOM
535
Avg $ / SqFt
$1,762,777
Avg List Price
Property Summary
- Located in the WATERWAY LN IN subdivision, 1117 Waterway Lane Delray Beach FL is a Single Family for sale in Delray Beach, FL, 33483. It is listed for $5,300,000 and features 4 beds, 5 baths, and has approximately 4,096 square feet of living space, and was originally constructed in 2027. The current price per square foot is $1,294. The average price per square foot for Single Family listings in Delray Beach is $535. The average listing price for Single Family in Delray Beach is $1,762,777. To schedule a showing of MLS#r11155014 at 1117 Waterway Lane in Delray Beach, FL, contact your Stonecrest International Realty agent at 561-707-9933.
Similar Listings Nearby

1117 Waterway Lane
Delray Beach, FL
