Unimproved Land in 1421 N Lake Way, Palm Beach, FL 33480 for sale with MLS# R11130361
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:
- $10,900,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $807.19
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land & Docks
- Property Type:
- Unimproved Land
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 7, 2025 8:58 pm
- Lot Area:
- 13,503.60 Sqft
- Lot Size Unit:
- Acres
- Lot Size Acres:
- 0.31
- Waterfront:
- No
- Current Use:
- Single Family
- Vegetation and Trees:
- Other
- Property Entrance Faces:
- West
- Road Frontage Type:
- Public Road
- Possible Use:
- Single Family
- Tax Annual Amount:
- $108,773.00
- Tax Year:
- 2025
- Electric:
- Three Phase
- Utilities Available:
- Electricity Available, Sewer Available, Water Available
- Water Source:
- Public
- Subdivision Name:
- NORTH SHORE ADD TO P B IN
- Senior Community:
- No
- Development Status:
- Raw Land
- 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:
- Res
- Elementary School:
- Coral Way K-8
- High School:
- Palm Beach Lakes
- Active on the market since:
- October 7, 2025
- Listing Agreement executed on:
- October 7, 2025
- Listing Status Last Changed On:
- October 7, 2025 8:58 pm
- Photos updated on:
- November 5, 2025 7:53 pm
- Last Modified:
- April 17, 2026 6:04 pm
- 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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