1157 N Lake Way ., Palm Beach, FL 33480

$7,300,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 4,489 Status: Closed
Current Price: $7,300,000 List Date: 1/06/2013 Last Modified: 1/11/2026

Description

Sensibly sized Lakefront home built by Woolems Construction in 2003. High quality finished and materials. Zeluck windows with hardwood and stone flooring. Three bedrooms ensuite plus a library with full bath. Clean and crisp styling throughout. Deep water dock with 24,000 lb lift. Beautiful Mario Neviera gardens surround this property.

More Information MLS# R3337384

Contract Information

Comp Sale YN: No Listing Contract Date: 2013-01-06 Status: Closed Original List Price: 7895000 Sold Price: $7,300,000 Current Price: $7,300,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Country: United States Street Number: 1157 Street Direction Prefix: N Street Name: Lake Street Suffix: Way Unit Number: . State Or Province: FL Postal Code: 33480 Subdivision Name: El Encanto Area: 5001 Parcel Number: 50434302010000130 Zoning: RB Directions: Call listing agent

General Property Information

Living Area Main: 3597 Lot Size Dimensions: 85x196 Lot Size Area: 0 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 1 Fireplace YN: Yes Pool Private YN: No LP/Assessed Value: 1.63 Property Sub Type: Condominium Bedrooms Total: 3 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 4489 Year Built: 2003 Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Waterfront YN: 1 Direction Faces: West

Financial Information

Tax Assessed/SOH Value: 4844981 Tax Annual Amount: 88770 Tax Year: 2012 Tax Legal Description: El Encanto Lot 13

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2013-05-07T05:00:02Z Major Change Type: Status Change Status Change Date: 2013-05-07 Under Contract Date: 2013-03-26 Close Date: 2013-05-07 Close Price: 7300000

Amenities

None: 1

Flooring

Marble: 1

Parking Features

Garage: 1

Possession

Close Of Escrow: 1

Utilities

Electricity Available: 1 Water Available: 1

Heating

Central: 1 Zoned: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Electric Range: 1 Ice Maker: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Entrance Foyer: 1 Storage: 1

Listing Terms

Cash: 1

Pool Features

Heated: 1

Security Features

Security System Owned: 1

Waterfront Features

Intracoastal: 1

Architectural Style

Other: 1

Cooling

Central Air: 1 Zoned: 1

Association Type

Condominium: 1

Showing Requirements

Call Listing Agent: 1

Master Bedroom/Bath

Separate Shower: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Tax Information

City/County: 1

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Covered: 1

Room Types

Bedroom 2: 1 Bedroom 3: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Price Calculations

Current Price To SqFt: 2029.46 Original List Price To Close Price: 1.08

Acreage Description

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

Originating Details

Originating System Key: 20130205105705240152000000 Originating System ID: M00000170

Property Features

Flooring: Marble Parking Features: Garage Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer Architectural Style: Other Construction Materials: CBS Cooling: Central Air; Zoned Association Type: Condominium Heating: Central; Zoned Interior Features: Entrance Foyer; Storage Listing Terms: Cash Pets Allowed YN: Yes Pool Features: Heated Possession: Close Of Escrow Restrictions: No Restrictions Security Features: Security System Owned Tax Information: City/County Utilities: Electricity Available; Water Available Waterfront Features: Intracoastal Showing Requirements: Call Listing Agent Outdoor Living Spaces: Patio Patio Details: Patio - Covered Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Room Information

Bedroom 2 Length: 15.00 Length: 15.00 Width: 13.00 Width: 13.00 Bedroom 3 Length: 14.00 Length: 14.00 Width: 19.00 Width: 19.00 Dining Room Length: 20.00 Length: 20.00 Width: 14.00 Width: 14.00 Kitchen Length: 21.00 Length: 21.00 Width: 18.00 Width: 18.00 Living Room Length: 20.00 Length: 20.00 Width: 16.00 Width: 16.00 Master Bedroom Length: 16.00 Length: 16.00 Width: 19.00 Width: 19.00
Listing Office: Sotheby's Intl. Realty, Inc.
IDX
Last Updated: January - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.