515 N Lake Way, Palm Beach, FL 33480
$7,773,650
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,851
Status:
Closed
Current Price:
$7,773,650
List Date:
2/01/2022
Last Modified:
1/10/2026
Description
This elegant 4BR/4.5BTH residence has classical details and is signature of the Palm Beach Regency style so coveted by many and designed by noted architect Ames Bennett. Among its many features, this home has beautifully scaled rooms and high ceilings, hard wood and marble floors. The home was extensively renovated in 2020 with no detail or expense overlooked. The renovation included the replacement of the complete electrical and plumbing systems; the installation of new dual zone A/C systems; a new kitchen with custom cabinetry, top-of the line appliances and quartz countertops; new bathrooms with custom cabinetry, natural stones and Waterworks fixtures; new hurricane sliders, as well as a whole house generator. The home also features a 2-car a garage, an awning covered patio and soon
Supplements: To be sold As Is. All sizes approximate and subject to errors and verification.
More Information MLS# R10773875
Contract Information
Comp Sale YN: No
Listing Contract Date: 2022-02-01
Status: Closed
Original List Price: 8475000
Sold Price: $7,773,650
Current Price: $7,773,650
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
Street Number: 515
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: Tropic Isle
Area: 5001
Parcel Number: 50434314010000050
Zoning: R-B
Directions: North Lake Way to Tangier Road
General Property Information
Living Area Main: 3023
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Unfurnished
Stories Total: 1
Stories: 1
Pool Private YN: No
Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
Building Area Main: 3851
Building Area Source: Other
Year Built: 1963
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Direction Faces: North
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 37328
Tax Year: 2021
Tax Legal Description: TANGIER ESTATES LT 5/LESS W 30 FT RD R/W/
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2022-06-13T14:32:32Z
Major Change Type: Status Change
Status Change Date: 2022-06-13
Under Contract Date: 2022-02-22
Close Date: 2022-06-13
Close Price: 7773650
Amenities
None: 1
Electric
Three Phase: 1
Entry Information
Entry Location: Entry Level Living Area Y
Exterior Features
Awning(s): 1
Flooring
Marble: 1
Parquet: 1
Other: 1
Parking Features
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Fencing
Fenced: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Zoned: 1
Sprinkler Description
Auto Sprinkler: 1
Water Access
None: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Free-Standing Freezer: 1
Gas Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Construction Materials
CBS: 1
Interior Features
Built-in Features: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Listing Terms
Cash: 1
Roof
Tar/Gravel: 1
Security Features
Security Lights: 1
Security System Owned: 1
Smoke Detector(s): 1
Water Source
Public: 1
Water Heater Details
Electric Water Heater: 1
Architectural Style
Other: 1
Cooling
Central Air: 1
Zoned: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Occupied: 1
See Remarks: 1
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 4
Master Bedroom/Bath
Dual Sinks: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Electric/Power Shutters: Partial
Impact Glass: Partial
Other Protection: Complete
Tax Information
City/County: 1
Occupant Details
Owner Occupied: 1
Showing Details
Pet(s) on Premises: No
Outdoor Living Spaces
Patio: 1
Contingencies
None: 1
Room Types
Kitchen: 1
Kitchen Level: Main
Laundry: 1
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 2571.5
Original List Price To Close Price: 1.09
Originating Details
Originating System Key: 20220131182757110206000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Exterior Features: Awning(s)
Flooring: Marble; Parquet; Other
Parking Features: Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Microwave; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Architectural Style: Other
Construction Materials: CBS
Cooling: Central Air; Zoned
Fencing: Fenced
Heating: Central; Zoned
Interior Features: Built-in Features; Walk-In Closet(s)
Laundry Features: Inside
Listing Terms: Cash
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: No Restrictions
Roof: Tar/Gravel
Security Features: Security Lights; Security System Owned; Smoke Detector(s)
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler
Tax Information: City/County
Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Occupied; See Remarks
Occupant Details: Owner Occupied
Outdoor Living Spaces: Patio
Contingencies: None
Room Types: Kitchen; Laundry; Living Room; Master Bedroom
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: Main
Laundry
Listing Office:
Sotheby's Intl. Realty, Inc.
Last Updated: January - 10 - 2026
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