745 N Lake Way, Palm Beach, FL 33480
$8,995,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
4,330
Status:
Closed
Current Price:
$8,995,000
List Date:
5/10/2021
Last Modified:
3/13/2026
Description
This elegantly designed 5 Bedroom, 4 1/2 Bathroom (including Powder Room) home boasts soaring ceilings,a first floor Master Suite, gourmet Kitchen with state of the art appliances, perfect for any chef, and custom cabinetry and closets throughout the home. A lovely landscaped Pool, 13 x 36, is reached by French doors from every room along the back of the home. The property features hurricane impact windows and doors. A two car air conditioned garage, also with hurricane impact door, and custom cabinetry, was pristinely updated for the car enthusiast. This home has a prime location, on one of Palm Beaches most coveted streets, within walking distance of the ocean, the Lake Trail, The Beach Club, and the Palm Beach Country Club. Furniture negotiable.
Supplements: Beautiful, mature landscaping was recently enhanced by additional plantings and a stepping stone walkway around the perimeter. In addition, this home is in perfect condition, turnkey, and ready for immediate occupancy.
More Information MLS# R10714838
Contract Information
Comp Sale YN: No
Listing Contract Date: 2021-05-10
Status: Closed
Original List Price: 10499000
Sold Price: $8,995,000
Current Price: $8,995,000
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
Street Number: 745
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Way
State Or Province: FL
Postal Code: 33480
Subdivision Name: MARK RAFALSKY
Area: 5001
Parcel Number: 50434310040000630
Zoning: R-B - Low Densi
Directions: North bridge to Bradley Place (N Lake Way). Drive north to home on the corner of N Lake Way and Fairview Road.
General Property Information
Living Area Main: 3802
Gated Community YN: No
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Negotiable
Stories Total: 2
Stories: 2
Pool Private YN: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 5
Bathrooms Full: 4
Bathrooms Half: 1
Building Area Main: 4330
Building Area Source: Public Records
Year Built: 1992
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 2
Covered Spaces: 2
Direction Faces: West
Financial Information
Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 53832
Tax Year: 2020
Tax Legal Description: MARK RAFALSKY TR LTS 63 & 64
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2022-03-16T20:46:27Z
Major Change Type: Status Change
Price Change Timestamp: 2021-10-11T17:37:56Z
Status Change Date: 2022-03-16
Under Contract Date: 2022-01-19
Close Date: 2022-03-16
Close Price: 8995000
Amenities
None: 1
Dining Area
Eat-In Kitchen: 1
Formal Dining: 1
Electric
Three Phase: 1
Exterior Features
Custom Lighting: 1
Flooring
Marble: 1
Wood: 1
Parking Features
Garage Door Opener: 1
Attached Garage: 1
Garage: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable 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
Electric Range: 1
Free-Standing Freezer: 1
Ice Maker: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Construction Materials
CBS: 1
Interior Features
Entrance Foyer: 1
French Doors: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Washer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
Heated: 1
Road Frontage Type
East of US-1: 1
Roof
Concrete: 1
Tile: 1
Security Features
Fire Alarm: 1
Security System Leased: 1
Smoke Detector(s): 1
Water Source
Public: 1
Water Heater Details
Electric Water Heater: 1
Water Softener Details
Water Softener Owned: 1
Architectural Style
Traditional: 1
Cooling
Central Air: 1
Zoned: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 1
Main Level Bedrooms: 1
Master Bedroom/Bath
Master Bdrm - Ground: 1
Separate Shower: 1
Separate Tub: 1
Pets Allowed YN
Yes: 1
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Storm Protection Details
Storm Shutters: 1
Tax Information
City/County: 1
Showing Details
Pet(s) on Premises: Yes
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Open: 1
Contingencies
None: 1
Room Types
Bedroom 2: 1
Bedroom 3: 1
Bedroom 4: 1
Bedroom 5: 1
Dining Room: 1
Family Room: 1
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: 2365.86
Original List Price To Close Price: 1.16
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Originating Details
Originating System Key: 20210425161542510736000000
Originating System ID: M00000170
Property Features
Dining Area: Eat-In Kitchen; Formal Dining
Electric: Three Phase
Exterior Features: Custom Lighting
Flooring: Marble; Wood
Parking Features: Garage Door Opener; Attached Garage; Garage
Property Condition: Resale
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Free-Standing Freezer; Ice Maker; Microwave; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Water Softener Details: Water Softener Owned
Architectural Style: Traditional
Construction Materials: CBS
Cooling: Central Air; Zoned
Heating: Central; Zoned
Interior Features: Entrance Foyer; French Doors; Walk-In Closet(s)
Laundry Features: Inside; Washer Hookup
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pool Features: Heated
Possession: Close Of Escrow
Restrictions: No Restrictions
Road Frontage Type: East of US-1
Roof: Concrete; Tile
Security Features: Fire Alarm; Security System Leased; Smoke Detector(s)
Sewer: Public Sewer
Sprinkler Description: Auto Sprinkler
Storm Protection Details: Storm Shutters
Tax Information: City/County
Utilities: Cable Available; Sewer Available; Water Available
Water Access: None
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Outdoor Living Spaces: Patio
Patio Details: Patio - Open
Contingencies: None
Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Family Room; Kitchen; Laundry; Living Room; Master Bedroom
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Room Information
Living Room
Length: 26.00
Length: 26.00
Width: 16.00
Width: 16.00
Level: Main
Kitchen
Length: 26.00
Length: 26.00
Width: 12.00
Width: 12.00
Level: Main
Master Bedroom
Length: 16.00
Length: 16.00
Width: 15.00
Width: 15.00
Level: Main
Dining Room
Length: 15.00
Length: 15.00
Width: 12.00
Width: 12.00
Bedroom 2
Length: 16.00
Length: 16.00
Width: 12.00
Width: 12.00
Bedroom 3
Length: 16.00
Length: 16.00
Width: 13.00
Width: 13.00
Bedroom 4
Length: 16.00
Length: 16.00
Width: 13.00
Width: 13.00
Bedroom 5
Length: 10.00
Length: 10.00
Width: 10.00
Width: 10.00
Family Room
Length: 26.00
Length: 26.00
Width: 16.00
Width: 16.00
Laundry
Listing Office:
Douglas Elliman
Last Updated: March - 13 - 2026
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