Home in 1496 N Lake Way, Palm Beach, FL 33480 for sale with MLS# B26042044
Set on a secluded .22 acre lot at at the corner of North Lake Way and Mediterranean Road on Palm Beach Island's coveted North End, this exceptional property offers an opportunity to restore and reimagine an architectural gem or create a remarkable new residence. Just moments from the Intracoastal, inlet and ocean, and surrounded by mature tropical landscaping, this is truly a special Palm Beach offering.A rare mid-century modern residence designed by renowned Spanish architect, Javier de Olaso, reflecting the relaxed elegance of indoor-outdoor lifestyle in Ibiza. Thoughtfully designed to draw the eye toward the lush gardens, sculptures and private yard, the home enjoys beautiful views from nearly every room and the balcony.
1496 N Lake Way, Palm Beach, FL 33480
Price
- Price:
- $8,000,000.00
- Original List Price:
- $9,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $2,774.88
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- November 3, 2026 7:02 pm
Rooms Distribution
- Bedrooms:
- 2
- Bathrooms Total:
- 3
- Full Bath:
- 2
- Half Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Master Bedroom Bath:
- 2 Master Suites
- Dining Area:
- Snack Bar/counter, Dining/Living Room, Breakfast Area
Measures
- Living Area:
- 2,883 Sqft
- Built-Up Area:
- 4,225 Sqft
- Lot Area:
- 9,583.20 Sqft
- Building Area Source:
- Assessor
- Living Area Source
- Lot Features:
- Corner Lot, Landscaped, Many Trees
- Lot Size Acres:
- 0.22
Property Features
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- In Ground, Free Form
- Appliances:
- Refrigerator, Electric Range, Oven
- Interior:
- Entrance Foyer, Built-in Features, Storage, Bedroom Layout - Split, Roman Tub
- Exterior:
- Balcony, Storage, Private Rooftop Terrace
- Patio and Porch:
- Patio, Deck, Patio - Covered, Patio - Open, Terrace
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Fence:
- Masonry, Back Yard
- Property Entrance Faces:
- North
- Road Responsibility:
- Public Maintained Road
- Balcony Details:
- Balcony - Covered
- Sprinkler Description:
- Auto Sprinkler
Construction
- Year Built:
- 1954
- Roof:
- Flat
- Architectural Style:
- Mid-century Modern
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Concrete
- Flooring:
- Marble, Concrete
- Number of stories:
- 2
- Structure Type:
- House
- Stories:
- 2
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $50,226.34
- Tax Year:
- 2025
- Tax Assessed Value:
- $2,600,475.00
- Property Tax Details:
- City/County
Parking
- Parking Total Spaces:
- 6
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Garage, Garage Door Opener, Attached Garage
Utilities
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available, Electricity Available, Sewer Available, Water Available, Underground Utilities
- Water Source:
- Public
Community
- Membership Details:
- No Membership Available
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- BOCA RATONE CO INLET
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Other Leasing Restrictions:
- Leasing Prohibited
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- BOCA RATONE CO INLET SUB REV LAKE FRONT ADD W 10 FT OF LT 107 & LT 114
- Real Estate Folio Number (Parcel Number):
- 50434234030001071
- Zoning:
- R-B (city)
Public Schools Assigned
- Elementary School:
- Sandpiper (broward)
- High School:
- Palm Beach Lakes
Listing History
- Active on the market since:
- June 16, 2026
- Listing Agreement executed on:
- June 12, 2026
- Price change occurred on:
- November 3, 2026 7:02 pm
- Listing Status Last Changed On:
- June 17, 2026 3:42 am
- Photos updated on:
- November 3, 2026 7:07 pm
- Last Modified:
- November 3, 2026 7:07 pm
Additional Information
- Courtesy of:
- Compass Florida LLC
- Attribution:
- Not provided
- Road Surface Type:
- Paved
Location
- Street Name:
- Lake
- Street Number:
- 1496
- City:
- Palm Beach
- State:
- Florida
- Zip Code:
- 33480
- County:
- Palm Beach
- Latitude:
- N26° 46' 1.7''
- Longitude:
- W81° 57' 33''
- Street Suffix:
- Way
- Street Direction Prefix:
- N
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$151,121
Median Home Value
$1,218,500
Median Rent
$1,840/mo
Median Age
69
Population
10,901
Ver la propiedad 1496 N Lake Way, Palm Beach, FL 33480
