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3523 Lone Pine Road
About This Property
The main house features three bedrooms and two and a half baths across a generous single-level floor plan that flows effortlessly from space to space. A grand foyer sets the tone, leading into an oversized living room with custom barn doors and exposed wood-beamed ceilings-a signature of Simon's design. Original Dade County pine floors and tongue-and-groove ceilings infuse the home with warmth and character, while polished concrete flooring in the bedroom wing adds durability and a modern contrast.
In the large eat-in kitchen, quartz countertops, stainless steel appliances, and a built-in beverage cooler provide a solid foundation for everyday living and entertaining. While the home has been lovingly maintained, it also offers an exciting canvas for those inspired to incorporate more contemporary finishes or enhancements over time.
Privately set apart, the bedroom wing can be closed off for peaceful seclusion. Throughout the home, vintage details and thoughtful design elements create a grounded, soulful atmosphere that invites both creativity and restready for a new owner to make their mark.
Connected yet completely separate, the attached two-story apartment offers 1,387 square feet of flexible living space. With its own full kitchen, living room, and a spacious primary bedroom overlooking the canal, this retreat-like addition is filled with charm: vaulted ceilings, Dade pine flooring, and Spanish tile echo the main home's vintage aesthetic. A spa-like bathroom with dual sinks, jetted tub, and separate shower enhances the space, which has also proven its value with a strong rental history ($4,000-$5,000/month). Ideal as a guest suite, income property, or expanded living quarters.
Outside, the grounds are a true highlight. A tapestry of mature fruiting treesincluding mango, guava, passion fruit, and moringasurrounds a heated, self-cleaning pool, tranquil gazebo, and covered patio with a mounted TV. Enjoy evenings by the chiminea or unwind beneath the expansive tree canopy. For boaters, a private 20' x 10' dock on a navigable canal connects to Lake Ida and Lake Edenperfect for peaceful days on the water.
While the home maintains many of its original design elements, it also features modern upgrades including a solar panel system, Tesla Powerwall batteries, three-zone AC, a reverse osmosis system in the kitchen, canal-fed irrigation, and an app-connected exterior camera system. A one-car garage, two-car carport, and generous driveway ensure convenience and flexibility.
Located just two miles from Delray's vibrant downtown and 2.5 miles to the beach, this is a rare opportunity to own a slice of architectural history with room to refresh, personalize, and evolve. Whether you're drawn to the tranquility, the character, or the investment potential, this property offers endless possibilities in one of South Florida's most sought-after locales.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$1,895,000
↓ $102K
(5.1%) | |
| Price Decreased | |||
| Aug 13, 2025 | Listed by Lang Realty/Delray Beach | $1,997,313 | |
| Listed by Lang Realty/Delray Beach | |||
| Jun 22, 2018 | Sold | ||
| Sold | |||
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About Delray Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017