$10,900,000
Price Reduced1421 N Lake Way, Palm Beach, FL 33480
Palm Beach, FL
North Shore
Beds
4 Beds
Baths
3 Baths
Living Area
2,388 Sq Ft
Lot
0.31 acres
Built
1950
Days Listed
392
Original Price
$11,900,000
Price Per Sq Ft
$4,564/sqft
Listed
Apr 4, 2025
Last Price Change
Apr 18, 2025
Garage
2 spaces
Property Type
Single Family Residence
About This Property
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!
Property Snapshot
Property Type
Residential
Sub Type
Single Family Residence
Stories
1
Total Baths
3
Building Area
3,186 sq ft
Lot Size
13,504 sq ft
Lot Profile
1/4 To Less Than 1/2 Acre Lot
Condition
Resale
MLS #
R11078527
Waterfront, Boating & Outdoor
Waterfront
None
Private Pool
Yes
Pool Features
Heated, In Ground
View
Garden, Pool
Patio / Porch
Patio - Covered, Patio - Open, Patio
Interior & Construction
Interior Features
Entrance Foyer, Kitchen Island, Bedroom Layout - Stacked
Primary Bedroom
Separate Shower
Rooms
Great Room, Kitchen, Living Room, Master Bedroom
Appliances
Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Microwave, Refrigerator, Water Heater, Washer
Flooring
Other, Wood
Construction
Other
Heating
Central
Cooling
Central Air
Furnished
Unfurnished
Parking, HOA & Rules
Garage Spaces
2
Attached Garage
Yes
Parking Features
Garage, Attached Garage
Community / Access
Cabana, Private Beach Pavilion
Pets Allowed
Yes
Restrictions
Buyer Approval Required, Lease OK
Taxes, Utilities & MLS
Annual Taxes
$108,933
Tax Year
2024
Parcel Number
50434234080000420
Zoning
R-B(ci
County
Palm Beach
MLS Area
5001
Sewer
Public Sewer
Utilities
Cable Available, Sewer Available, Water Available
Photos
8
Listing courtesy of Douglas Elliman
Listing Agent: Samantha Curry
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS. Real estate listings held by brokerage firms other than Levin Investments, Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Data provided is deemed reliable but is not guaranteed. All information is subject to change and should be independently verified.