1421 N Lake Way, Palm Beach, FL 33480
$10,900,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
3,186
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$10,900,000
List Date:
4/04/2025
Last Modified:
3/06/2026
Description
RARE OPPORTUNITY!! Palm Beach's coveted North End on Cabana street. This exceptional property offers endless possibilities. Perfectly livable yet primed for a custom rebuild, this oversized lot comes with previously approved ARCOM plans (plans are expired, not to resubmit), allowing for a seamless transition to your dream home. Proposed home will be 5,585 LSF and 6,293 TSF, with 4-beds in the main house plus convertible den (office/library) and 2-bed in guest house. Currently, the beautifully updated main house features two elegant bedrooms with rich wood flooring, spacious closets, and two tastefully designed bathrooms with walk-in showers. A charming guest cottage, connected by a covered walkway, provides a private retreat with two additional bedrooms, a cozy sitting area,
Supplements: and a full bath. The meticulously landscaped grounds are a private oasis, complete with a heated pool and spillover spa, surrounded by lush greenery. Whether you choose to enjoy this serene setting as is or bring your vision to life with the approved new construction plans, this prime North End location ensures unparalleled luxury and value. Close proximity to the Sailfish Club and bike path. A rare chance to build or enjoy as is-don't miss this extraordinary opportunity!
More Information MLS# R11078527
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-04-04
Status: Active
Original List Price: 11900000
List Price: $10,900,000
Current Price: $10,900,000
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: 1421
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: NORTH SHORE
Area: 5001
Elementary School: Palm Beach Public
High School: Palm Beach Lakes
Parcel Number: 50434234080000420
Zoning: R-B(ci
Directions: N Lake Way, Right on Reef Rd
General Property Information
Living Area Main: 2388
Lot Size Dimensions: 123.0 ft x 105.0 ft
Gated Community YN: No
Lot Size Area: 13504
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Pool Private YN: Yes
Spa YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 3186
Building Area Source: Other
Year Built: 1950
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Lot Size Acres: 0.31
Direction Faces: West
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 108933
Tax Year: 2024
Tax Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42
Office/Member Information
DXORIGMLSID: RML
Amenities
Cabana: 1
Private Beach Pavilion: 1
Dining Area
Eat-In Kitchen: 1
Kitchen Dining: 1
Electric
Three Phase: 1
Flooring
Wood: 1
Other: 1
Parking Features
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Spa Features
Above Ground: 1
Other Structures
Cabana: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Pool: 1
Heating
Central: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Free-Standing Freezer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Cooktop: 1
Construction Materials
Other: 1
Interior Features
Bedroom Layout - Stacked: 1
Entrance Foyer: 1
Kitchen Island: 1
Listing Terms
Cash: 1
Lot Features
Corner Lot: 1
Pool Features
Heated: 1
In Ground: 1
Road Frontage Type
East of US-1: 1
Security Features
None: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Text Listing Agent: 1
See Remarks: 1
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 4
Master Bedroom/Bath
Separate Shower: 1
Pets Allowed YN
Yes: 1
Restrictions
Buyer Approval Required: 1
Lease OK: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Covered: 1
Patio - Open: 1
Room Types
Great Room: 1
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 4564.48
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2025-04-18T16:24:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-04-18T16:24:58Z
Status Change Date: 2025-04-04
Originating Details
Originating System Key: 20250401161958982672000000
Originating System ID: M00000170
Property Features
Dining Area: Eat-In Kitchen; Kitchen Dining
Electric: Three Phase
Flooring: Wood; Other
Parking Features: Attached Garage; Garage
Property Condition: Resale
Spa Features: Above Ground
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater; Cooktop
Water Heater Details: Electric Water Heater
Construction Materials: Other
Cooling: Central Air
Heating: Central
Interior Features: Bedroom Layout - Stacked; Entrance Foyer; Kitchen Island
Listing Terms: Cash
Lot Features: Corner Lot
Other Structures: Cabana
Pets Allowed YN: Yes
Pool Features: Heated; In Ground
Possession: Close Of Escrow
Restrictions: Buyer Approval Required; Lease OK
Road Frontage Type: East of US-1
Security Features: None
Sewer: Public Sewer
Special Information: Sold As-Is
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
View: Garden; Pool
Water Access: None
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent; See Remarks
Outdoor Living Spaces: Patio
Patio Details: Patio - Covered; Patio - Open
Room Types: Great Room; Kitchen; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 30.00
Length: 30.00
Width: 21.65
Width: 21.65
Level: Main
Kitchen
Length: 13.75
Length: 13.75
Width: 17.10
Width: 17.10
Level: Main
Master Bedroom
Length: 16.00
Length: 16.00
Width: 13.10
Width: 13.10
Level: Main
Great Room
Listing Office:
Douglas Elliman
Last Updated: March - 06 - 2026
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