Address1 Fisher Lane, Delray Beach, FL, 33483

Price$8,950,000

  • 5 Beds
  • 8 Baths
  • Residential
  • 7,796 SQ FT
  • Built in 2028

A rare and extraordinary opportunity awaits on the direct channel of the Intracoastal Waterway in the Palm Trail neighborhood of Delray Beach, less than one mile from the vibrant energy of Atlantic Avenue. This offering represents the premier waterfront parcel itself, featuring shovel-ready architectural plans which are currently approximately 90% through the approval process, creating a well-defined opportunity to bring a future residence to life. Encompassing over half an acre along what is widely regarded as one of the most exclusive and private streets in Delray Beach, this exceptional property delivers rare scale, direct waterfront exposure, and unmatched privacy. A home currently exists on the site; however, the opportunity is being presented primarily as a premier waterfront lot with architectural plans, allowing the next owner to either move forward with the existing design, or create their own custom vision for this extraordinary setting. With 101 feet of direct Intracoastal frontage and private boat dock, this property delivers immediate waterfront enjoyment while offering the opportunity to create a future estate of distinction. Boaters will appreciate the effortless ocean access with no fixed bridges, all while enjoying sweeping views of the wide main channel. Nestled on a quiet street of only four homes, 1 Fisher is truly unique and exceptionally private - a rare enclave setting just moments from the best of Delray Beach. Included with the sale of the land will be thoughtfully designed, fully approved plans for a spectacular estate residence featuring: * 10,808 Total Square Feet; 7,796 Living Square Feet * 5 Bedrooms + Upper-Level Salon * 6 Full Baths + 1 Power Room and 1 Pool Bath * State-of-the-art chef's kitchen appointed with a walk-in butler's pantry and a private wine room designed for curated collections. * Refined multi-level living areas designed for privacy, comfort, and sophisticated entertaining. * Grand lower-level primary suite with an intimate waterfront sitting area designed for quiet retreat. * Luxurious primary bathroom suite showcasing a refined spa-inspired design and customizable wellness features including steam and sauna capability. * Custom-appointed elevator. * Showcase-worthy four-car garage, designed with lift-capable ceiling heights, creating the opportunity to accommodate an eight-car collection. Designed for seamless indoor-outdoor living, the plans also showcase: * Multiple covered lanais complemented by a bespoke summer kitchen, offering seamless alfresco dining curated for elevated outdoor gatherings. * Resort caliber infinity-edge pool and spa meticulously designed for the ultimate privacy and serenity. * Multiple private terraces and balconies positioned to capture unobstructed panoramic views of the main Intracoastal channel. All site surveys, soil tests, development entitlements, and preliminary plans - including floorplans, site plan, and basic civil engineering - are transferable to the new owner. The buyer will be responsible for demolition of existing structure, completing final construction drawings, MEP engineering, and final civil engineering prior to building permit submission. Bring the included vision to life or collaborate with your architect to create a fully custom masterpiece tailored to your preferences. Builder is optional, with the opportunity to work with Delray Beach's Formative Builders, or select your own team. This is more than a homesite - it is a generational waterfront offering in one of South Florida's most coveted locations, moments from world-class dining, shopping, beaches, and the ultimate coastal lifestyle.

Essential Information

  • MLS® #R11167455
  • Price$8,950,000
  • Taxes$27,349 (2025)
  • Bedrooms5
  • Bathrooms8.00
  • Full Baths6
  • Half Baths2
  • Square Footage7,796
  • Acres0.51
  • Price/SqFt$1,148 USD
  • Year Built2028
  • TypeResidential
  • RestrictionsNo Restrictions
  • StyleColonial
  • StatusPrice Change

Community Information

  • Address1 Fisher Lane
  • Area4220
  • SubdivisionLAS PALMAS SUB
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Sub-Type

Residential, Single Family Detached

Utilities

Cable Available, Sewer Available, Water Available

Parking

Circular Driveway, Garage, Attached Garage

Waterfront

No Fixed Bridge, Ocean Access, Seawall, Intracoastal

Interior Features

Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Pantry, Wet Bar, Walk-In Closet(s), Bedroom Layout - Split, Upstairs Living Area

Appliances

Cooktop, Dryer, Disposal, Dishwasher, Refrigerator, Washer

Exterior Features

Custom Lighting, Pool Bathroom, Balcony

Elementary

Plumosa School of the Arts K-8

Amenities

  • # of Garages4
  • ViewPool, Intracoastal
  • Is WaterfrontYes
  • Has PoolYes

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air, Electric
  • FireplaceYes
  • # of Stories2

Exterior

  • WindowsStorm Window(s)
  • ConstructionConcrete, CBS

School Information

  • MiddleCarver Community
  • HighAtlantic

Additional Information

  • Days on Website169
  • ZoningR-1-AA

Listing Details

  • OfficeThe Corcoran Group
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Price Change History for 1 Fisher Lane, Delray Beach, FL (MLS® #R11167455)

Date Details Change
Price Reduced from $9,750,000 to $8,950,000 $800,000 (8.21%)
Price Reduced from $10,250,000 to $9,750,000 $500,000 (4.88%)

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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.

Listing information last updated on August 15th, 2026 at 5:24pm EDT.

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