Home in 1421 N Lake Way, Palm Beach, FL 33480 for sale with MLS# R11078527
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, 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!
1421 N Lake Way, Palm Beach, FL 33480
- Price:
- $10,900,000.00
- Original List Price:
- $11,900,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $4,564.48
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- April 18, 2025 4:24 pm
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 4
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Room Type:
- Great Room, Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 4
- Master Bedroom Bath:
- Separate Shower
- Dining Area:
- Eat-in Kitchen, Kitchen Dining
- Living Area:
- 2,388 Sqft
- Built-Up Area:
- 3,186 Sqft
- Lot Area:
- 13,503.60 Sqft
- Lot Size Dimensions and Info:
- 123.0 ft x 105.0 ft
- Building Area Source:
- Other
- Lot Features:
- Corner Lot
- Lot Size Acres:
- 0.31
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Heated, In Ground
- Spa
- Spa Features:
- Above Ground
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Cooktop, Electric Range, Electric Water Heater, Water Heater, Free-Standing Freezer
- Interior:
- Kitchen Island, Entrance Foyer, Bedroom Layout - Stacked
- Patio and Porch:
- Patio, Patio - Covered, Patio - Open
- Other Structures:
- Cabana
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Property Entrance Faces:
- West
- Year Built:
- 1950
- Levels:
- Two
- Construction Materials:
- Other
- Flooring:
- Wood, Other
- Number of stories:
- 1
- Stories:
- 1
- Road Frontage Type:
- East of US-1
- Property Condition:
- Resale
- Tax Annual Amount:
- $108,933.00
- Tax Year:
- 2024
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Attached Garage
- Parking Features:
- Garage, Attached Garage
- Sewer:
- Public Sewer
- Electric:
- Three Phase
- Utilities Available:
- Cable Available, Sewer Available, Water Available
- Pets Allowed?
- Amenities Provided by the Homeowner's Association (HOA):
- Private Beach Pavilion, Cabana
- Subdivision Name:
- NORTH SHORE
- Senior Community:
- No
- Restrictions:
- Buyer Approval Required, Lease Ok
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- NORTH SHORE ADD TO PALM BEACH LT 42
- Real Estate Folio Number (Parcel Number):
- 50434234080000420
- Zoning:
- R-B(ci
- Elementary School:
- Palm Beach Public
- High School:
- Palm Beach Lakes
- Active on the market since:
- April 4, 2025
- Listing Agreement executed on:
- April 4, 2025
- Price change occurred on:
- April 18, 2025 4:24 pm
- Listing Status Last Changed On:
- April 4, 2025 10:20 pm
- Photos updated on:
- November 5, 2025 7:52 pm
- Last Modified:
- May 31, 2026 1:08 am
- Courtesy of:
- Douglas Elliman
- Attribution:
- Not provided
- Street Name:
- Lake
- Street Number:
- 1421
- City:
- Palm Beach
- State:
- Florida
- Zip Code:
- 33480
- County:
- Palm Beach
- Latitude:
- N26° 45' 49.7''
- Longitude:
- W81° 57' 34.8''
- Street Suffix:
- Way
- Street Direction Prefix:
- N
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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