1050 N Lake Way, Palm Beach, FL 33480

$23,750,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 8,564 Lot Size (sq. ft.): 17,860 Status: Closed
Current Price: $23,750,000 List Date: 2/21/2023 Last Modified: 3/13/2026

Overview

Description

Stunning Contemporary Regency with dramatic views of the Intracoastal waterway and the motor yachts at Rybovich Marina. Excellent open floor plan perfect for indoor and outdoor entertaining. Features gracious living room, formal dining room, sunny and bright interior loggia. Family room with entertaining bar and office with beautiful views of the lake. Elevator leads to expansive second floor primary suite with sprawling, oversized terrace and dual baths. Additional highlights include chef's kitchen, staff bedrooms, and 2-car garage. Beautiful outdoor spaces with pool, Intracoastal dock, and access to the Lake Trail.

Listing Details MLS# R10867840

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
5
Bathrooms Total
6
Bathrooms Full
5
Bathrooms Half
Yes
Building Area Main
8564
Building Area Source
Public Records
Living Area Main
6347
Year Built
1963
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Lot Size Area
17884
Lot Size Acres
0.41
Lot Size Dimensions
93.0 ft x 184.0 ft
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
West
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Flooring: Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer Architectural Style: Colonial Boat and Dock Features: Private Dock Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bar; Built-in Features; Elevator; Entrance Foyer; Pantry; Walk-In Closet(s); Wet Bar Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: Other Restrictions Sewer: Public Sewer Tax Information: City/County Utilities: Sewer Available; Water Available Water Source: Public Water View: Intracoastal; Lake Waterfront Features: Intracoastal; Lake Front Showing Requirements: Appointment Only; Call Listing Office Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: None Room Types: Den; Family Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Listing Contract Date
2023-02-17
Original List Price
40500000
Negotiable Seller Concessions YN
No

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1050
Street Direction Prefix
N
Street Name
Lake
Street Suffix
Way
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
CORAL EST
Area
5001
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434303180000152
Zoning
R-B(ci

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
83424.4
Tax Year
2022
Tax Legal Description
CORAL ESTATES LOTS 15 & 16 (LESS S 100 FT) & UNDIV INT IN LTS 1-A & 15-A

Remarks and Miscellaneous

Public Historical Remarks
Boat Services:Private Dock Y

More Information

Status Change Information

Major Change Timestamp
2025-01-27T18:31:45Z
Major Change Type
Status Change
Price Change Timestamp
2024-12-11T17:23:42Z
Status Change Date
2025-01-27
Under Contract Date
2025-01-10
Close Date
2025-01-24
Close Price
23750000
Buyer Financing
Cash

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes

Main Level Rooms

Main Level Bathrooms
4
Main Level Bedrooms
3

Storm Protection

Other Protection
Complete

Showing Details

Pet(s) on Premises
No

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper
Den
Yes
Family Room
Yes
Great Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
3741.92
Original List Price To Close Price
1.7

Originating Details

Originating System Key
20230221151448862507000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

None
Yes

Flooring

Wood
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water View

Intracoastal
Yes
Lake
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes

Interior Features

Bar
Yes
Built-in Features
Yes
Elevator
Yes
Entrance Foyer
Yes
Pantry
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

In Ground
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
Lake Front
Yes

Architectural Style

Colonial
Yes

Boat and Dock Features

Private Dock
Yes

Cooling

Central Air
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes

Master Bedroom/Bath

2 Master Baths
Yes
Master Bdrm - Upstairs
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Restrictions

Other Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Open
Yes

Contingencies

None
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Living Room Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Kitchen Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Main Master Bedroom Length: 1.00 Length: 1.00 Width: 1.00 Width: 1.00 Level: Upper Family Room Great Room Laundry
Listing Office: Christian Angle Real Estate
IDX
Last Updated: March - 13 - 2026
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