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1421 N Lake Way, Palm Beach, FL 33480
$10,900,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
13,504
Status:
Active
Current Price:
$10,900,000
List Date:
10/07/2025
Last Modified:
3/13/2026
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# R11130361
Contract Information
Comp Sale YN: No
LP/Acre: 35161290.32
Listing Contract Date: 2025-10-07
Status: Active
Original List Price: 10900000
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
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 ADD TO P B IN
Area: 5004
Elementary School: Palm Beach Public
High School: Palm Beach Lakes
Parcel Number: 50434234080000420
Zoning: Res
Directions: North end of the island. Reef Road just east of Intracoastal
General Property Information
LP/SqFt: 807.19
Property Sub Type: Unimproved Land
Lot Size Acres: 0.31
Lot Size Square Feet: 13503.6
Direction Faces: West
Office/Member Information
DXORIGMLSID: RML
Electric
Three Phase: 1
Short Sale Details
Short Sale Addendum: No
Documents Available
None: 1
Current Use
Single Family: 1
Development Status
Raw Land: 1
Location of Property
Other: 1
Possession
Close Of Escrow: 1
Possible Use
Single Family: 1
Trees
Other: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Vegetation
Grassed: 1
Other: 1
Listing Terms
Cash: 1
Road Frontage Type
Public Road: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Year: 2025
Tax Annual Amount: 108773
Tax Legal Description: NORTH SHORE ADD TO PALM BEACH LT 42
Status Change Information
Major Change Timestamp: 2025-10-07T20:58:03Z
Major Change Type: New Listing
Status Change Date: 2025-10-07
Originating Details
Originating System Key: 20251006194337108150000000
Originating System ID: M00000170
Property Features
Current Use: Single Family
Development Status: Raw Land
Documents Available: None
Electric: Three Phase
Location of Property: Other
Possession: Close Of Escrow
Possible Use: Single Family
Trees: Other
Utilities: Electricity Available; Sewer Available; Water Available
Vegetation: Grassed; Other
Listing Terms: Cash
Road Frontage Type: Public Road
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office:
Douglas Elliman
Last Updated: March - 13 - 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.