Lake Shore Estates Homes for Sale

Lake Shore Estates is a luxury community in Delray Beach, Palm Beach County, Florida. Properties are priced from $2,000,000 to $8,900,000. Pure Equity lists homes in Lake Shore Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Lake Shore Estates and the Delray Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Lake Shore Estates Delray Beach homes for sale as of October 2026. The median asking price is $7.95M. Asking prices run from $7.0M to $8.91M.

That is 2690% above the Delray Beach median of $285,000. On a per-foot basis, homes here ask about $1,236 per square foot, compared with $237 across Delray Beach. So the median price buys roughly 6,450 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 375 days on the market. That is slower than the Delray Beach average of 113 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Lake Shore Estates date from 1970 to 2026. That puts them between 0 and 56 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

At a median near $7.95M, Lake Shore Estates sits in the luxury tier of Delray Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Lake Shore Estates price means in Florida closing terms. At $7.95M, a 20% down payment comes to about $1.59M, leaving a loan near $6.36M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $22,262. Next, the intangible tax of 0.2% adds about $12,721. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lake Shore Estates median, that is about $55,654.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Lake Shore Estates listings show assignments to Plumosa School of the Arts K-8 (elementary) and Atlantic (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.