488 Island Drive, Palm Beach, FL 33480
$21,000,000
Property Type:
Residential
Bedrooms:
5
Baths:
7
Square Footage:
9,494
Status:
Closed
Current Price:
$21,000,000
List Date:
2/14/2018
Last Modified:
1/15/2026
Overview
Description
Brand new, furnished Everglades Island point estate. Gorgeous British Colonial with commanding lake views from three sides. Built by Malasky Homes, this estate features 5BR/6.1BA plus library, 1BR/1BA guest apartment, fireplaces, wine cellar, and elevator. Master wing features sitting room, dual baths and closets, and three balconies. Beautiful backyard with pool, spa, and loggia surrounded by the Intracoastal.
Listing Details MLS# R10405821
General Property Information
- Property Sub Type
- Single Family Residence
- Bedrooms Total
- 5
- Bathrooms Total
- 7
- Bathrooms Full
- 6
- Bathrooms Half
- Yes
- Building Area Main
- 9494
- Building Area Source
- Builder
- Living Area Main
- 7671
- Year Built
- 2018
- Garage YN
- Yes
- Attached Garage YN
- Yes
- Garage Spaces
- 2
- Covered Spaces
- 2
- Senior Community YN
- No
- Waterfront YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 2
- Stories
- 2
- Direction Faces
- South
- Fireplace YN
- Yes
- Pool Private YN
- Yes
- Spa YN
- Yes
- Furnished
- Furnished
Property Features
Dining Area:
Eat-In Kitchen; Family/Dining Combination; Formal Dining
Flooring:
Marble; Wood; Other
Parking Features:
Attached Garage; Garage
Property Condition:
New Construction
Appliances:
Dishwasher; Disposal; Dryer; Free-Standing Freezer; Microwave; Oven; Refrigerator; Washer
Boat and Dock Features:
Electric Available; Private Dock; Water Available
Construction Materials:
CBS
Cooling:
Central Air
Heating:
Central
Interior Features:
Bedroom Layout - Split; Built-in Features; Elevator; Entrance Foyer; French Doors; Kitchen Island; Pantry; Roman Tub; Storage; Walk-In Closet(s); Wet Bar
Laundry Features:
Inside; Laundry Closet; Laundry Tub
Levels:
Multi/Split
Listing Terms:
Cash; Conventional
Pets Allowed YN:
Yes
Pool Features:
In Ground
Possession:
Close Of Escrow
Restrictions:
Other Restrictions
Road Frontage Type:
East of US-1
Sewer:
Public Sewer
Special Information:
Sold As-Is
Tax Information:
City/County
Utilities:
Sewer Available; Water Available
Water Source:
Public
Water View:
Intracoastal
Waterfront Features:
Intracoastal
Window Features:
Sliding
Showing Requirements:
Call Listing Office
Outdoor Living Spaces:
Balcony; Patio; Porch
Balcony Details:
Balcony - Open
Patio Details:
Patio - Covered; Patio - Open
Contingencies:
None
Room Types:
Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Garage Apartment; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Utility Room
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2018-02-14
- Original List Price
- 27900000
Location and Legal
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 488
- Street Name
- Island
- Street Suffix
- Drive
- City Name
- Palm Beach
- State Or Province
- FL
- Postal Code
- 33480
- Postal Zip
- 33480
- Subdivision Name
- EVERGLADES ISLAND 3
- Area
- 5003
- Geographic Area
- PB30
- Special Assessment YN
- No
- Parcel Number
- 50434327030000251
- Zoning
- R-B
- Directions
- Call LO
Financial Information
- Membership Fee Required YN
- No
- Tax Annual Amount
- 136192
- Tax Year
- 2017
- Tax Legal Description
- EVERGLADES ISLAND PLAT 3 LT 25 (LESS W 17.23 FT)
Status Change Information
- Major Change Timestamp
- 2018-08-31T17:08:27Z
- Major Change Type
- Status Change
- Status Change Date
- 2018-08-31
- Under Contract Date
- 2018-08-20
- Close Date
- 2018-08-31
- Close Price
- 21000000
- Buyer Financing
- Cash
More Information
Short Sale Details
- Short Sale Addendum
- No
Boat and Dock Information
- Dock
- Yes
- Dock Details
- Yes
Pool Size Details
- Pool Size (WxL)
- 16x40
Storm Protection
- Impact Glass
- Partial
Room Types
- Bedroom 2 Level
- First
- Bedroom 3 Level
- Second
- Bedroom 4 Level
- Second
- Bedroom 5 Level
- Second
- Den Level
- First
- Dining Room Level
- First
- Family Room Level
- First
- Kitchen Level
- First
- Living Room Level
- First
- Master Bedroom Level
- Second
- Utility Room Level
- Second
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Bedroom 4
- Yes
- Bedroom 5
- Yes
- Den
- Yes
- Dining Room
- Yes
- Family Room
- Yes
- Garage Apartment
- Yes
- Great Room
- Yes
- Kitchen
- Yes
- Laundry
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
- Utility Room
- Yes
Price Calculations
- Current Price To SqFt
- 2737.58
- Original List Price To Close Price
- 1.32
Originating Details
- Originating System Key
- 20180214170938725881000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Amenities
- None
- Yes
Dining Area
- Eat-In Kitchen
- Yes
- Family/Dining Combination
- Yes
- Formal Dining
- Yes
Flooring
- Marble
- Yes
- Wood
- Yes
- Other
- Yes
Parking Features
- Attached Garage
- Yes
- Garage
- Yes
Property Condition
- New Construction
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Information
- Sold As-Is
- Yes
Utilities
- Sewer Available
- Yes
- Water Available
- Yes
View
- City
- Yes
Heating
- Central
- Yes
Water View
- Intracoastal
- Yes
Window Features
- Sliding
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Dryer
- Yes
- Free-Standing Freezer
- Yes
- Microwave
- Yes
- Oven
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- CBS
- Yes
Interior Features
- Bedroom Layout - Split
- Yes
- Built-in Features
- Yes
- Elevator
- Yes
- Entrance Foyer
- Yes
- French Doors
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Roman Tub
- Yes
- Storage
- Yes
- Walk-In Closet(s)
- Yes
- Wet Bar
- Yes
Laundry Features
- Inside
- Yes
- Laundry Closet
- Yes
- Laundry Tub
- Yes
Levels
- Multi/Split
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Pool Features
- In Ground
- Yes
Road Frontage Type
- East of US-1
- Yes
Water Source
- Public
- Yes
Waterfront Features
- Intracoastal
- Yes
Boat and Dock Features
- Electric Available
- Yes
- Private Dock
- Yes
- Water Available
- Yes
Cooling
- Central Air
- Yes
Showing Requirements
- Call Listing Office
- Yes
Master Bedroom/Bath
- 2 Master Baths
- Yes
- Bidet
- Yes
- Dual Sinks
- Yes
- Master Bdrm - Sitting
- 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
- Porch
- Yes
Balcony Details
- Balcony - Open
- Yes
Patio Details
- Patio - Covered
- Yes
- Patio - Open
- Yes
Contingencies
- None
- Yes
Room Information
Living Room
Length: 31.00
Length: 31.00
Width: 21.00
Width: 21.00
Level: First
Dining Room
Length: 25.00
Length: 25.00
Width: 13.00
Width: 13.00
Level: First
Kitchen
Length: 11.00
Length: 11.00
Width: 19.00
Width: 19.00
Level: First
Family Room
Length: 27.00
Length: 27.00
Width: 19.00
Width: 19.00
Level: First
Master Bedroom
Length: 18.00
Length: 18.00
Width: 19.00
Width: 19.00
Level: Second
Bedroom 2
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: First
Bedroom 3
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: Second
Bedroom 4
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: Second
Bedroom 5
Length: 14.00
Length: 14.00
Width: 16.00
Width: 16.00
Level: Second
Den
Length: 17.00
Length: 17.00
Width: 14.00
Width: 14.00
Level: First
Utility Room
Length: 12.00
Length: 12.00
Width: 11.00
Width: 11.00
Level: Second
Great Room
Garage Apartment
Laundry
Listing Office:
Christian Angle Real Estate
Last Updated: January - 15 - 2026
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